LATEST NEWS . . .

20th April 2022

After rather a lot of talking to answerphones, sending e-mails, that were never responded to and finally making contact with a real person Mister Gees Foundation charity has made a five thousand pound donation the the British Red Cross Ukraine Appeal. 

A second payment of donations gifted via Just Giving will be made when the dust settles.

Below is a financial statement that covers the 2021 - 2022 financial year.

Once again the trustees would like to thank everybody, shop staff, donors and customers for making it all possible.

Here is an end of year report for the period from the 1st of April 2021 to the 31st of March 2022 Inclusive for Mister Gees Foundation, Trading & Charity.

INCOME

Gross receipts for the fifty two weeks to the 31st of March were ninety five thousand, four hundred and seventy one pounds (99,479)

The breakdown was as follows:-

Shop sales                        78,451

Internet sales                     3,867

Bulk clothing and books      6,896

Bulk Discs                        2,651 

Donations                           810  

Other Income                    6,804 (Including 2,667 Government Covid-19 grant & 4,000 bank migration payment)     

                                                                                                                             

EXPENDITURE

​The total expenditure for the period is shown as 23,093

The breakdown was as follows:-

Cost of sales                        813   (Inc. labels, bags, tags, postage etc.)

Banking & card charges         604

Legal costs                           409

Office & staff related costs 1,775   (Inc. Covid-19 related costs)

Occupancy Costs              19,495  (Inc. rent, rates, insurance, utilities etc.)

 

DONATIONS MADE TO THE VILLAGE GROUP

​During this financial year 34,800 has been allocated to the Village Group, any unused sums are currently in the registered charity’s bank account awaiting distribution.

 

DONATIONS MADE TO THE FOUNDATION CHARITY ACCOUNT

The total sum made available to the Foundation Charity for scholarships this year has been 40,592

 

BANK BALANCES & CASH ON HAND

​As of the 31st of March the shop’s bank account stands at 352.68 

Plus un-deposited funds of 731.10

The PayPal accounts stand at 160.54

​Cash on hand in the till and petty cash totals 60.00 

Cash in the registered charity’s bank account stands at 85,130.08 of which 49,566.82 is earmarked for Village Group use.

 

VAT REPAYMENT DUE

There is a VAT repayment due of 1186.97 from HMRC​

 

IN A NUTSHELL OVER 76p OF EVERY ONE POUND OF INCOME THIS YEAR

HAS GONE TO GOOD CAUSES (Sadly 4p less than pre Covid-19)

 

Once again the trustees can report that no salaries or expenses have been drawn by anybody associated with the shop or registered charity.

The shop staff enjoy free refreshments whilst at work, a token hamper at Christmas and this year a garden party in the summer.