SOUTH SHROPSHIRE FURNITURE SCHEME

Charity number: 1082068
Removed charity

Charity overview

Activities - how the charity spends its money

We are a furniture reuse charity and social enterprise providing a range of front line services to people who are disadvantaged. We provide training and voluntary opportunities in carpentry, recycling, warehousing, customer service and mental health first aid. We also carry out community development work assisting local organisations to become more financially sustainable.

Income and expenditure

Data for financial year ending 31 March 2018

Total income:
£901,765

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Donations and legacies £450.71k
Charitable activities £451.05k
Other trading activities £0
Investments £0
Other £0

Total expenditure:
£660,321

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Raising funds £48.86k
Charitable activities £611.46k
Other £0

£0 investments gains (losses)

Total income includes £18,000 from 3 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £48.86k
Charitable expenditure £611.46k
Retained for future use £241.44k

Fundraising

This charity raises funds from the public but does not work with professional fundraisers or commercial participators.

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • Environment/conservation/heritage
  • Economic/community Development/employment
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Advocacy/advice/information
Where the charity operates:
  • Shropshire

Governance

Registration history:
  • 17 August 2000: Standard registration
  • 29 July 2019: Removed (Transferred to exempt chy)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Total gross income £889.79k £995.52k £660.79k £652.80k £901.77k
Total expenditure £943.36k £1.01m £768.09k £738.78k £660.32k
Income from government contracts N/A £49.67k £0 £0 N/A
Income from government grants N/A £7.20k £0 £0 £18.00k
Income - Donations and legacies £419.33k £215.69k £179.19k £163.31k £450.71k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £470.46k £779.84k £481.60k £489.49k £451.05k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £0 £0 £0 £0 £0
Income - Legacies £206.94k £125.92k £0 £0 £0
Expenditure - Charitable activities £854.61k £891.83k £692.17k £668.61k £611.46k
Expenditure - Raising funds N/A N/A £75.92k £70.17k £48.86k
Expenditure - Governance £22.60k £27.77k £9.78k £9.26k £8.92k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Own use assets £59.38k £33.96k £25.40k £17.18k £9.71k
Long-term investments £1 £1 £1 £1 £1
Other assets £140.67k £286.14k £172.96k £188.96k £102.49k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £252.65k £387.28k £372.82k £466.59k £131.20k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2019 Not submitted
Accounts and TAR 31 March 2019 Not submitted
Annual return 31 March 2018 29 January 2019 On Time
Accounts and TAR 31 March 2018 29 January 2019 On Time
Annual return 31 March 2017 09 January 2018 On Time
Accounts and TAR 31 March 2017 09 January 2018 On Time
Annual return 31 March 2016 26 January 2017 On Time
Accounts and TAR 31 March 2016 26 January 2017 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 26/07/2000 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 19/03/2013

Charitable objects

TO RELIEVE POVERTY AND PROTECT OR PRESERVE THE ENVIRONMENT FOR THE PUBLIC BENEFIT BY ALL OR ANY OF THE FOLLOWING MEANS (A) BY HELPING TO IMPROVE THE QUALITY OF LIFE OF BOTH INDIVIDUALS AND FAMILIES WHO ARE IN NEED OF ESSENTIAL HOUSEHOLD EQUIPMENT AS IDENTIFIED TO THE CHARITY BY STATUTORY AND VOLUNTARY AGENCIES THROUGH COLLECTING DONATED FURNITURE AND HOUSEHOLD EQUIPMENT AND STORING AND CHECKING ELECTRICAL APPLIANCES FOR SAFETY BEFORE DELIVERING TO THOSE IN NEED (B) BY RECYCLING, RE-USING, RENOVATING AND REPAIRING HOUSEHOLD ITEMS THAT WOULD OTHERWISE HAVE TO BE DISPOSED OF AS LANDFILL (C) BY PROVIDING OPPORTUNITIES FOR THE UNEMPLOYED, THOSE WITH SPECIAL NEEDS AND THOSE ON COMMUNITY SERVICE OR SIMILAR ORDERS, TO PRACTISE AND ACQUIRE SKILLS AND GAIN CONFIDENCE WHILST CONTRIBUTING TO THE WELFARE OF THEIR OWN COMMUNITIES (D) THROUGH ADVANCING THE EDUCATION OF THE EDUCATION OF THE GENERAL PUBLIC ABOUT THE BENEFITS TO THE ENVIRONMENT OF RECYCLING, RE-USE AND WASTE MANAGEMENT AND TO PROMULGATE THE VALUE OF SUSTAINABLE LIFESTYLES (E) TO ADVANCE THE EDUCATION OF THE PUBLIC ABOUT THE IMPORTANCE OF RECYCLING, RE-USE AND WASTE MANAGEMENT AND TO PROMULGATE THE VALUES OF SUSTAINABLE LIFE-STYLES (F) THROUGH THE ESTABLISHMENT OF VOLUNTEER TRAINING SCHEMES TO UNDERTAKE THE REPAIR AND/OR RESTORATION OF DONATED ITEMS OR ANY OTHER ASPECTS OF THE CHARITY'S WORK AS APPROPRIATEEE

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED