**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.
Page 1
**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.
Page 2
**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
Page 3
## **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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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...
Page 7
**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...
Page 8
**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...
Page 9
**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...
Page 10
**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...
Page 11
**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.
Page 12
**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
Page 13