ENGAGE FURNITURE STORE
1) The prevention or relief of poverty for the public benefit amongst people in the county of Somerset, in particular by providing furniture and other household equipment at affordable prices. 2) To protect and safeguard the environment for the public benefit through the promotion of the re-use of household items thereby preventing and minimising waste disposal.
Financial health, per its FY2025 accounts
The accounts state that free reserves increased to £143,429, exceeding the trustees' estimated requirement of £59,000. However, the trustees report significant operational risks related to the charity's premises, noting that the landlord's trustees have resigned and maintenance has ceased, creating uncertainty about the future use of the site.
What the accounts disclose
“Total reserves required to meet both needs are estimated to be at least £59,000.”
“Engage Furniture Store has continued to pay rent on its Alcombe Village Hall premises despite the fact that there is no person/contact to whom it can refer to resolve practical issues such as maintenance of buildings. Indeed, it is currently unknown what happens to rent payments apart from them being credited to a bank account. The landlord’s routine maintenance of the Alcombe Village Hall premises has fallen by the wayside and there is a risk that the premises will become unfit for purpose and unsafe.” — page 5
“During the year ended 31 March 2025, the Board of Trustees had insufficient Trustees to effectively oversee the activities of Engage Furniture Store” — page 5
“Representations to the Charity Commission about what course of action to take in respect of payment of rent and maintenance of the premises has thus far drawn nil response.”
“During the year ended 31 March 2025, the Board of Trustees had insufficient Trustees to effectively oversee the activities of Engage Furniture Store” — page 5
“Representations to the Charity Commission about what course of action to take in respect of payment of rent and maintenance of the premises has thus far drawn nil response.”
Trustees
- Andrew Hunt
- Hilary Hunt
- Sharjeel Mohamed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £133k | £102k |
| 31/03/2024 | £104k | £84k |
| 31/03/2023 | £172k | £88k |
| 31/03/2022 | £82k | £53k |
Common questions
Is ENGAGE FURNITURE STORE financially healthy?
Per its FY2025 accounts: The accounts state that free reserves increased to £143,429, exceeding the trustees' estimated requirement of £59,000. However, the trustees report significant operational risks related to the charity's premises, noting that the landlord's trustees have resigned and maintenance has ceased, creating uncertainty about the future use of the site. Its FY2025 accounts were independently examined.