## Association of Friends of Shannon Court ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2023 The Trustees of the Association of Friends of Shannon Court (herein after called ‘AFOSC’) present their report and accounts for the year ended 31[st] March 2023. ## **CONSTITUTION** The Charity was registered with the Charity Commission on 12[th] December 1994 (Register No: 10430270). On 12[th] September 2021 an amended Constitution was agreed at the AGM and later approved by the Charity Commission and the Trustees have met regularly as required. The Charity is registered with HMRC for gift aid. ## **OBJECTIVES** The objects of the Friends is the provision of, or assistance in the provision of facilities for, recreation or other leisure-time occupation in order to improve, in particular, the conditions of life for the Residents of the Shannon Court Home (hereinafter called the “Residents”). ## **PUBLIC BENEFIT** During the year under review, our major expenditure was the installation of a new awning at a cost of £30,000. For many years the awning which allowed the residents to enjoy the sun without the risk of sunburn had been past repair and the replacement was completed in time for the summer Annual Draw and High Tea Party. The Charity donates £600 a month for the entertainment of the Residents which includes keyboard playing, Music for Health, small animal petting, musical entertainment and singing provided by professional entertainers. The High Tea Party has become a regular event, funded by the Annual Draw and the Charity. Other entertainment events are the annual pantomime, a visit by the local Drum Corps, a Ladies Night and all residents receive Christmas and Mother’s/ Father’s day presents. The Charity works closely with the Royal Masonic Benevolent Institution Care Company and the management team at the Home, who are invited to and attend our Management Committee meetings. The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives, and in planning future activities. ## **RAISING AWARENESS** AFOSC make presentations to Lodges, Chapters and interested parties or groups with the intention of increasing membership, raising funds and also host regular, at least four times a year, meetings with friends, families and relations to raise awareness of the AFOSC. ## **FUNDRAISING** During the year we held a very successful golf tournament in conjunction with the Surrey Masonic Sports Association. ## **FINANCIAL REVIEW** During the year under review, the Charity received income of £31,370.34 and recorded a loss of £30,726.71. In relation to the reserves policy, the Trustees aim to hold sufficient reserves to be able to finance the Charity’s commitments and administration expenses for a minimum period of twelve months. The Charity’s total reserves at 31[st] March 2023 were £55,351.18. ## **TRUSTEES AND ADMINISTRATION** Recruitment of trustees is through contacts with other organisations, recommendation and networking. Trustees are appointed after being interviewed by existing trustees and agreed by the Trustees based on the skills, knowledge and experience needed for the effective administration of the Charity. Address of Principle Office: AFOSC, Shannon Court, Shannon Court Rd, Hindhead GU26 6DA Secretary’s address: Mr Bernard Greenwood, 49 Meadow Way, Old Windsor SL4 2NY The names of the Trustees who have acted during the year under review are: Mr Robin A Ilott Chairman Mr Paul Dowding Deputy Chairman Mr Bernard Greenwood Secretary Mr Michael W J Bensley Treasurer The Financial Statements have been prepared in accordance with the Charities (Accounts and Reports) Regulations and signed by and on behalf of the Trustees by Robin Ilott Chairman ASSOCIATION OF FRIENDS OF SHANNON COURT Registered Charity No. 1043027 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDING 31st MARCH 2023 2022-23 2021-22 Opening bank balantts Current a/t Membership alc 300 Club alc Dep051t alt Accumulated Fund 55,725.48 36,694.11 1,455.34 1,256.00 30,000.00 30,352.41 RÈ¢eipt5 Membership Donations Golf day Garden party 300 Club Charity Clay Shoot Joint FOSCISMSA Golf day120221 Annual rafflÈ Gift Aid recl81rn Sundry receipts Bank interest Total receipts 7.707. 6.357.96 8,586.00 14,094 73 2,277.00 1.339 20 5,613.00 1.800.00 840.00 1.571.60 5.626.00 5.443.00 3.285.00 1.246.28 1,983.05 133.50 3.15 31,370.34 36,536.13 PaymeTht5 Shannon Court Ameniries Joint FOSCISMSA Golf day120221 Garden party 300 Club Annual raffle Dium Corp5 Ladies night Panto Postage 40.984.78 4.744. 5.455.43 3.100. 2.392.05 2,851.24 1.683.40 180.00 8,341.47 1,641.08 4,657.97 3,300.00 40.00 1,555.00 Miscellaneous expenses Total payments 706.15 328.17 62,097.05 19,863.69 SurplusllDeficitl for the year -30.726.71 16,672.44 Balances at 315t Mafth 2023 Current alc Membership alc 300 Club alc Deposit alc Net Assets 11,928.99 8,952.28 3.984. 30.485.91 55.351.18 55.725.48 o.oo 30,352.41 86.077.89 Accumulated fund Accumulated fund blf at 3151 March 2022 Add surplus (Deficitl for the year Balance at 315t March 2023 86.077.89 -30.726.71 55,351.18 69,405.45 16,672.44 86.077.89 Statement ot Assets and Lfjabilities at the end of the period Cash funds 55.351.18 Other monetary assets Investment assets Assets retained for the charity'5 own use W.Bro Michael W J Benslev Treasurer W.Bro David Lowrence Account Examiner