Shop soiled

My client runs a small convenience store that was very badly damaged in the recent riots. Whether his insurance policy will pay for all of the damage remains to be seen but I think this is unlikely. In addition to general smoke damage requiring complete redecoration shelving and counters were damaged and stock was stolen and will need to be replaced.

My client tells me that his customers have rallied round and a collection has yielded several thousand pounds for him. I am now wondering how this should be treated for tax purposes. Is it simply a gift that is now part of his capital or should it be treated as takings?

Alternatively should it specifically be shown as a deduction from the cost of repairs and purchase of new shelving etc. and if so how should...