REGISTERED CHARITY NUMBER: 1016643
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2021
FOR
SEFTON CHILDRENS TRUST
Champion TLL Limited 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
SEFTON CHILDRENS TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
SEFTON CHILDRENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5TH APRIL 2021
The trustees present their report with the financial statements of the charity for the year ended 5th April 2021. 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
Objectives and aims
The charity aims to provide support and respite for families experiencing difficulties. In planning our activities for the year we kept in mind the Charity Commission's guidance on the public benefit.
Public benefit
The Trustees have considered the Charity Commission guidance regarding public benefit and are satisfied that the activities of the Charity, as described above, meet the necessary criteria.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Sefton Children's Trust (SCT) began in 1984 and is wholly supported by volunteers. We provide a 3-year educational and recreational programme for up to 72 children aged 8-12 years from Sefton, who are experiencing difficulties within their own families.
Each year we provide a week long summer residential experience, enjoyed for the last few years at Manor Adventure in Shropshire. For most children this is not only their sole experience of a holiday but also a respite from their often difficult daily lives. All clothes, equipment, toiletries and food are provided.
During the residential experience the children develop confidence and team skills in a fun environment whilst enjoying the experience of being a young person. For many it is the first time they experience the opportunity to make choices and to discover talents where they can shine by being encouraged to achieve personal goals.
At Christmas time we deliver toy and food hampers to the families of the children we support, including toys and gifts for any siblings. We also provide a family day early in January with a trip to cinema (to see a movie and the video of the previous residential) and a meal at a local restaurant. Last year 160 family members, volunteers and some of our supporters joined us for the Sefton Children's Trust's family fun day.
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SEFTON CHILDRENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5TH APRIL 2021
ACHIEVEMENT AND PERFORMANCE
Treasurer's Report
Anona would like to thank the administration team of Sue O'Toole,Pauline Waltho and Ann Fabb, and a special thank you to Fran Ryan who has done an amazing job as our bid writer. They have all devoted an enormous amount of time behind the scenes to help me keep our files up-to-date, so that they are available on line at any time to the Trustees or charity commission, to people who have given us financial support and any person who wishes to donate to illustrate what their money will be spent on.
To date, apart from our stores, the only assets the Trust has are three laptops and a printer. Every other expense is kept to a minimum as we have no paid staff or premises and we all work for Sefton Children's Trust from our own homes
Our group is registered to claim Gift Aid and I would like to thank everyone who donated to our Trust in the last 12 months via LocalGiving.
To date we have £29,760 in the bank and have a possible £10,500 in grants and donations and need approx £30,000 for this year's residential; our aim is to have a reserve of £45,000. This would enable us to keep some money aside 'for a rainy day', in our case for next year's residential to help in protecting our Trust during difficult times. I would like to thank everyone for their support with applying for grants and gift aid and ask that they offer me the same support this year. Sadly, once again, we were not successful in obtaining a grant from Children in Need but were able to secure a £10,000 grant from the Lottery.
I can in my role as overseeing the group's finances, confirm that we always spend funds for the charitable purpose that they have been raised for and this is evidenced via our ongoing open and transparent accounting, both past and present. When requested, I will provide relevant information such as the amount of funds in hand, where those funds came from and how they were spent.
Anona Kelly Treasurer
FINANCIAL REVIEW
Financial position
The total incoming resources were £27,430 (2020: £52,965). Resources expended were £11,647 (2020: £52,282), giving a surplus of £15,783 (2020: £683).
The balance sheet shows net assets of £47,425 (2020: £31,642).
Reserves policy
The trustees have established a policy whereby the unrestricted funds of the charity should be approximately £30,000, being the amount required from grants (approximately 50% of income) in order to cover the committed costs of venue hire if one-off grants were not forthcoming and only received amounts from regular donations.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its constitution adopted on 23 August 1986.
Recruitment and appointment of new trustees
New Trustees can be appointed by a resolution of the existing Trustees.
Induction and training of new trustees
Training and induction is provided verbally by existing Trustees.
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SEFTON CHILDRENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5TH APRIL 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1016643
Principal address
64 Church Road Formby Merseyside L37 3NG
Trustees
Ms A Maddocks Mrs A Kelly Mrs K Dean-Sheekey N McCaskill G Head Miss G Sandison Ms L Ramsay J Corcoran Ms E Ley V Mancuso Ms A Taylor Ms C Bennett Ms C Huyton
Independent Examiner
P Buck FCA, DChA Champion TLL Limited 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Mrs A Kelly - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEFTON CHILDRENS TRUST
Independent examiner's report to the trustees of Sefton Childrens Trust
I report to the charity trustees on my examination of the accounts of Sefton Childrens Trust (the Trust) for the year ended 5th April 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P Buck FCA, DChA Champion TLL Limited 7-9 Station Road Hesketh Bank Preston Lancashire PR4 6SN
Date: .............................................
Page 4
SEFTON CHILDRENS TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2021
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 27,430 - EXPENDITURE ON Charitable activities 3 Respite for families 11,647 - NET INCOME 15,783 - RECONCILIATION OF FUNDS Total funds brought forward 31,642 - TOTAL FUNDS CARRIED FORWARD 47,425 - |
2021 Total funds £ 27,430 11,647 15,783 31,642 47,425 |
2020 Total funds £ 52,965 52,282 |
|---|---|---|
| 683 30,959 |
||
| 31,642 |
The notes form part of these financial statements
Page 5
SEFTON CHILDRENS TRUST
BALANCE SHEET 5TH APRIL 2021
| Unrestricted Restricted fund fund Notes £ £ CURRENT ASSETS Debtors 7 2,000 - Cash at bank and in hand 46,025 - 48,025 - CREDITORS Amounts falling due within one year 8 (600) - NET CURRENT ASSETS 47,425 - TOTAL ASSETS LESS CURRENT LIABILITIES 47,425 - NET ASSETS 47,425 - FUNDS 9 Unrestricted funds: General fund TOTAL FUNDS |
2021 Total funds £ 2,000 46,025 48,025 (600) 47,425 47,425 47,425 47,425 47,425 |
2020 Total funds £ 2,000 30,242 32,242 (600) 31,642 31,642 31,642 31,642 31,642 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. A Kelly - Trustee
The notes form part of these financial statements
Page 6
SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
Taxation
The charity is exempt from 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Support costs
Since all of activities/costs relate to the charity's single charitable activity heading, all support costs have been allocated here and as such a separate analysis/description or allocation basis is not required.
2. DONATIONS AND LEGACIES
| Donations Grants |
2021 £ 6,430 21,000 27,430 |
2020 £ 13,845 39,120 |
|---|---|---|
| 52,965 |
continued...
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SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5TH APRIL 2021
2. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| 2021 £ Other - Community Link Foundation - Tesco Groundworks 3,000 The Co-op Charitable Fund 2,000 National Lottery 10,000 Eleanor Rathbone - Morgan Trust - Four Winds 1,500 Skelton Bounty - Magic Little Grant via Local Giving - Clara E Burgess - The 1970 Trust 2,000 Rank Organisation - Trusthouse Foundation - Hedley Fund - Liverpool 10K Giveaway (Trusthouse) - Garfield Weston - Mayors Charitable Fund 600 Richard Cadbury Charitable Trust 500 Majic Stars 500 Asda 900 21,000 3. CHARITABLE ACTIVITIES COSTS Support Direct costs (see Costs note 4) £ £ Respite for families 11,047 600 |
2020 £ 2,020 2,500 5,000 - - 2,000 5,000 - 2,000 500 3,000 2,000 3,000 4,100 2,000 1,000 5,000 - - - - |
|---|---|
| 39,120 | |
| Totals £ 11,647 |
continued...
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SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5TH APRIL 2021
4. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Respite for families | 600 |
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 5th April 2021 nor for the year ended 5th April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 5th April 2021 nor for the year ended 5th April 2020.
There are also no costs of employment since all work done for the charity is on a voluntary basis.
| 6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 52,965 - EXPENDITURE ON Charitable activities Respite for families 52,282 - NET INCOME 683 - RECONCILIATION OF FUNDS Total funds brought forward 30,959 - TOTAL FUNDS CARRIED FORWARD 31,642 - |
Total funds £ 52,965 52,282 |
|---|---|
| 683 30,959 |
|
| 31,642 |
continued...
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SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5TH APRIL 2021
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| £ | £ | |||
| Prepayments and accrued income | 2,000 | 2,000 | ||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Accrued expenses | 600 | 600 | ||
| 9. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 6.4.20 | in funds | 5.4.21 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 31,642 | 15,783 | 47,425 | |
| TOTAL FUNDS | 31,642 | 15,783 | 47,425 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 27,430 | (11,647) | 15,783 | |
| TOTAL FUNDS | 27,430 | (11,647) | 15,783 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 6.4.19 | in funds | 5.4.20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 30,959 | 683 | 31,642 | |
| TOTAL FUNDS | 30,959 | 683 | 31,642 |
continued...
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SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5TH APRIL 2021
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement |
|---|---|---|
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 52,965 |
(52,282) | 683 |
| TOTAL FUNDS 52,965 |
(52,282) | 683 |
| A current year 12 months and prior year 12 months combined position is as follows: | ||
| Net | ||
| movement | At | |
| At 6.4.19 | in funds | 5.4.21 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 30,959 |
16,466 | 47,425 |
| TOTAL FUNDS 30,959 |
16,466 | 47,425 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 80,395 | (63,929) | 16,466 |
| TOTAL FUNDS | 80,395 | (63,929) | 16,466 |
continued...
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SEFTON CHILDRENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 5TH APRIL 2021
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5th April 2021.
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SEFTON CHILDRENS TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5TH APRIL 2021
| FOR THE YEAR ENDED | 5TH APRIL 2021 | |
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 6,430 | 13,845 |
| Grants | 21,000 | 39,120 |
| 27,430 | 52,965 | |
| Total incoming resources | 27,430 | 52,965 |
| EXPENDITURE | ||
| Charitable activities | ||
| Insurance | 2,554 | 2,354 |
| Postage and stationery | 512 | 378 |
| Residential activity and trips | 322 | 43,938 |
| General expenses and donations | 7,129 | 5,012 |
| Equipment and repairs | 530 | - |
| 11,047 | 51,682 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 600 | 600 |
| Total resources expended | 11,647 | 52,282 |
| Net income | 15,783 | 683 |
This page does not form part of the statutory financial statements
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