REGISTERED COMPANY NUMBER: CE028020 (England and Wal•g) REGISTERED CHARITY NUMBER: 1058694 TR UNAUWED FINANCIAL STATEMENT NDE 02 HR CONTEKfs OF THE FINANCIA R THEYEAR ENDED 31 MARCH 2023 Pag• R•f•Yfjnco •nd Admlnl¥tr•tlv• D•t4111 Tnwtw•' R•port 2 to 9 Indepgndtrnt Examln•rf8 R•port 10 ststwn•nt ot Fln•n¢l•l A￿1¥111•4 stat•ffl•nt of Fln•ncl*l Polltlon t2 Not•# to th• Flmnclal 8l•t•m•nts 13 to 26 l>**il•d Stat•m•Tht of Flnanclal Activiti 27 to 28 SHRE¥VSBURY H ECI REFERENCE AND ADMINISTRA VE DETA RTHEY EMDEO I MAR¢H 2 TRUSTEE8 klr R Barrett Rev H Corbett Ir88igned 31.1.231 klr S H Cowpèf Mr R J Hal8on Lady E R Hedley Mr J J Lees lappjinted 31.1.23) (Treasurnr) Mrs F ￿rdI8 Professor A J Mccarlhy Th8 Ven M J P McGufk (re•lgned 31.12.22) IArs L P O'Loughlln MrMJWare Mr N L Wnkl•y REGISTERED OFFICE 5hrewsbury HoLMe 37 Langrovg Stro•t Everton Lfverpool L5 3PE REGISTERED COMPANY NUMBER CE028620 ier¥Jland and Wal￿> REGISTERED CHARITY PIUMBER 1058894 INDEPENDENT EXAMINER TCA IShTE4V8bury) LLP Third Floor 21 St Ma￿8 Slreet Shrewsbury Shmpshire 8Y1 1ED Page1 The Trustees of the Charitable Incorporated organ￿110n (CIO) present their report ￿th the financial slalements of the CIO for the year ended 31 March 2023. The Trustees have adopted Ihe provlslons of AcCoUn￿n0 and Reportlng by Chartties: Statement of Recommended Practice applicable to Cha￿￿e8 prep81ing their accounts in a0￿rd￿n￿ ￿th the Financial Reporting Standard applicoble in the UK and Republic of Iret8nd (FRS 102} (¢ffeclN¢ 1 January 20191. OWECTniE8 AND ACTMTIES ObJ•cthiu and •lms Th• akn of th• CIO li th• provS8k)n ol a Youth Club and Communlty C•nlre In the Everton are8 of Llverpool. Shrewsbury House wa8 founded In 1903 bnd sa krthwn Ioc81ty 88 The Shew8y. Tho Gharfty (ywn8 and malntains thi6 purpos8 buim and fulty equlpped dub property, at whith it prpvide8 a full progrgmm• of After Schwl •nd Senlor Club acINiti￿ for the edLUtion Jod#ll8atlon of chlklren and young people. The area 118ew rnm8ln8 ona olthe mosl d￿￿ntaged wardi in the UK. It18 an openwacce88, fulklime contro and run# actlv5tles for 49 of the 52 wèèks of the year. It8 eorn buslnesg 18 working children and young people. Through infornal eduealion, it aims to megt th8 sccial, rKraational, 8motional and spiritual needs of tho young people wha are rts members. Th18 Is done through tho r•latlonghlp8 and 8eW4onfldenca bullt befvjgon club members and the staff - and the actMty ond leamlny programme8 Ihat 8r8 offered. The %A$lon18 to dr8W Out th¢ tsl•nt •nd Potént￿1 ol 011 dub m8mbo 80 th8t each one will di8c4wer a POBbti¥e purp08e ind direction for Ihoir lrfe. The Organi6ation bdleveB In and 888k8 to promote tha values of servKe. honesty, forghMiess, klndness. genero8ity. hurnilty. seM8ssng55 and Care and consid•Talion fry oth•rn. Thki 16 8 communiiy4y88ed organis8ti¢)n del￿rf￿g Infornial educatk>n and act￿8￿ promotlng equalty, dNersity and inclusion. It pwdes the voice and plalfomi for the p8rti¢ipalton ofyoung people in tha dub, the local communty end the widar aty- and en￿￿rage8 the WnpCW￿rn￿nt of young people that Can I￿ to full cidzen8hlp, actSon and chang8. The Organisation works closety with many primary 8econdAry 8choo18 and 18 also part of seveT#I yt)uth work nefv￿rks. including Ihe lo￿ authorivs Children's seNiees. the Liverpool Council fof Voluntsry Swce, the Mewside Youth Assoctatlon, the National Youth Agency and UK Youth. It 15 connected to and work8 in partnership with Shrewsbury School and sh¥r¢s a site wth St Petef8, 8 local church with whom it enjoys 8 clos8 working rOlat￿)nShIp. The Organi8ation's aims remain as foltfA¥S". To pThide: 1. Aduh support that is welcoming, understanding. encouraging and buikJ8 8ellveonfidence," 2. A safe, warm, clean. friend￿, fijn and stimulating environment,. 3. Information, guidance and cpportunities to acces8 training, leaming, heolihy lrfestyles and work: 4. An expectallon of high st8rKlgrd8 of beheviour, respecl and *hlwwnent and 8 challenge where lh8 are ignored., 5. OppDrtunitie8 to oxperience end drfrerent actriittes, interests and 8kllkn', 6. Opportunflies lo develop relationships Xr0￿ ¢18sses, cultures. races and generalk)ns: 7. A plattomi for deveknplng ¢haractsrthrough d18CU831on end debgte: 8. Opportun11180 to be part of worklng te8m8 and to pra¢t16• organFs•tlonal and leadernhlp skllls. Th8 Organis8tion remains (Mimitted lo providing addrtion81 support for th088 young poople who at th8 v•ry highe81 riBk of Berioui violent crime becguse of th•ir famlly circumstances. drug use. 5thcd exdu81on and dlslccallon from the mainstream. The fact that the Club is o safe haven wh•re Informol •du￿t￿n ond dlverslonary actfvltla8 happen 18 demonstrabty benefidal to the Polke and other loral authority ag•nct• tharged wilh dealing wlth antl*ochl behawour. Publlc benefit In fvrthor•nc• of th￿ glms the Tru$tee$ hav• eomplled vllh th• duty In the Ch8rltle8 Act 2011 to have due regard to the Charity Commission'& reviswl publishod guidance conceming tho op8ralion of Public Benefrt rèquirement underthat Acl. ACHIEVEMENT AND PERFORMANCE Thlg 18 thè first P08t£ovid yegr in Wh￿ the organi￿tion ha5 rotumaj lo full operatlon. In support of the Organisation'8 aims and acknowledging Ihoir re8pongibilities within the L8w, the Tru81808 appointed for th8 first time 8 Senkjr Execulfve Offlcer who tcok up his p08t on 1st September 2022. As noted in the financlal ravl8w of tha yaar, th• SEO h88 recognised the need for improv&Y oversloht of the financlal sltuation of the club and associated budgeting and control •nvironmenl. and has onlisted the assi818nr* of a ne￿ TTea8urer quallfied 88 a Chartered Accountsnl and wtth a professional background in complianc• and rlsk. The Junior Club, with an overall membership of 213 children, pThidos a crnatfve afteTr8chool ¢n￿rOnment from Monday to Thursday e8ch week and has been exceptionalty well attended wlh up lo 60 children befv￿n the ages of 5 and 11 c*ered for each day. The vast majority of the children are regular8ttende8S which allows for demonstrable progrtss in relationship$ with peers and adub. self confidenrn and teamwork lo be achieved. Up lo 50 chlldren attend from the nearby F8ith Prfmary School and th￿ ¢hildron are brought 8cross to the Club by the Org•nisation's staff In a wel￿1ge￿I89d Walklng Bus. Tho Club charges a daity subscription of £1.00 per child forlhis pro)*ig¥)n. The team of S8nior Youth Workers and Play worke￿ supporting JLm￿jr Club has enjoyed an inllux of n# colleagues in this year who bring a range of experiences - both local and intemalional - lo bear and help to provKle 8ofer worklng ra1108. Tha Club remaln8 inclu8Ne and welcome8 children of all abllftl88 and ne&J8 ahhough it does not have the finar￿le1 mean8 and humart resouw to provTde the one-ttrone Support and caro th* some of¢fub members benefft from in s¢hoc4. During School Holidays. the Oryanisation's team txjntinues lo prn￿de support for primary schts)l age ¢hlklron with a Play Scheme In the Club for 4 hours aach day. This is made financialty viable due to grants from the local authorities ar￿ its associalod agoncios. Th8 planning of the regular pragramme and the holiday play scheme8 1$ undertaken on a weekly basis by the Senior Leadership T8am which allcNJs for well4￿1￿nce￿ programme of crealrle play and 8Ctive leaming lo be ￿Ieved. All of these meaBures proMd8 IAyer of Invaluable •nd afford8bf8 WPPOrt to th• foral communty enabllng mAny famllltss lo work longer h¢)ur8 or to attend eallege whllst th¢lr thlldr¢n aro In dub. Th8 S8nior Club. with an overall membershlp of 231 young peoplg. pwdè# a s8fe haven and infomwl education from ￿Thday to Thurnday eath w•ak of Ihe year inclLMling sch(￿1 holidays and ha8 had an Inconsi8lent reoch. Frequenlty, 4￿0 young people attend dalty but attendance can drop off from Ilme lo tlme. Again, In th15 y•ar, th8 Sanior Club hos d•monstr8bty provtraed a wetcomlng envlronmenl frjr membor8 aged 11 - 17 vAlh 8 tsam of YoLrth IAtJrter8 and Volunlear8 prowding 8UPPOrt, guidanc8 and dive￿Il￿ary actMlie8. In addlik>n to the regular dulA>3sed events. the re8ldenté#l and progrnmme h8$ been varied, •xciling and r•wardlng. Carnfvl pl&nnlng Ind budgellng mean8 Ihot morn dub m•mb•r• gr• Jbl• to b•n•frt from the c4maraderie and relalSon8hlp bulldlng Ihal happen8 when they •re •w8y Irom the I￿1 On￿lonm0nt. Eatller In the financlal y¢•r ther¢ w¢re day trfps and re$ldentl0l8 lo ShrnY8bury School, Shrop$hlM, th• O Bunk House in Ingl8lon and 8 "hom8 Bnd Aw8rf event with g youth dub from Dublin lo Mullingar. Ire18nd 88 part of the club's association wlh the European Netwoth of Youth Clubs. Tho PVC¥Jramme of Residential$ con¢lud•d w￿h • very 8UCC•88ful vlslt to Talagtwym In Sn￿dOn1￿ wtth • mlx•d group of Showsy chId￿n and pupil$ from Shrewsbury School. Youlh work•rn rncord Sn CO￿ s￿dIes much young wple gr(y* In confidènco through the varted Inlor8ctions that happen in the residential and visit contoxts. K•y Ft•turo• of lh• Ygar 2022-2023". 1, Th• Rèvd Hènry Ctirt)tstt (l+lcar of St P•t8r'a, li&rdèn & Tru8t•a of ShrawAbury Housal rdrnd on 31•t January 2023 after a 47 year aS￿l8t10￿ with the Club. The Board 0fTrust￿. the local cornmunity. dub members and parlshlonern all contributed to 8 8erl88 of memorable gend4fs. 2. Nthv youth workern and play wother8 have been inducted and tr8ined to en$ur• that the 6taffing rati08 enabte the Junlor 8n(I Senlorclubs to de16ver on thelr alms. The recc*ding of all quallficatlon8 and tr8lnlng has enabled the club lo plan ahead forftjrther Irainlng In prforty areas such as SafeguardlNJ. Fire Safety, Heahh and Safety. F(Kxl Stsndards and Ftygteno. 3. The Big Give Christmas 2022 Campaign was excepttonalty successful wlth £89,900.23 Tai8ed i1￿lUding Gfft Aid and after dedL￿tions. The Four Acre Trust again gon•rOus￿ matGhed our plgdgod funds of £20.1)00. Thtr$¢ ￿Te unrestrictsd fvnds used lo support $taff ¢r*ts the core oper81ion of the CILFb. 4. Links whh S￿re￿￿bUry School have further strengthened in this yearwith 2 x Yw g day wsits to the Club part of the BASE prcgramnR, 5 x Lower Sixth Social Studies ovemlght Msits, 8 series of day visits fr¢yn Year 10 students lo the Club and NalLrre Gorden as part of the Outdoor Week Programme and a special day trip to Shrew8bury School for Glub members org8nlsed by schr￿ prefect Josef Rooney, the first Shrtsvabury HoL*e member to attend Shrew¥bury School. In February Haif-Temi. 6 x LU￿r Sixth Shrewsbury Schr￿1 students who had earfier in the year attended a Socigl StLtdies visit ￿tUrn￿l a8 volunleer help8rs in Ihe Play Scheme and in Senior CILSb. 5. The Club continues to provide a Play Scheme service for Junior Club membtrrs during every main •nd h8W-lem Sohool holiday •gain prwding invaluable support for local families. 8. The Club has conlinued to publl¢ise the Story of its Sntluence on mary young Ilves In the netghbourhood and is developing a more strategic approach to ensuring that club mernbers are r• for lif8 afterthe Shewsy. In particu￿r. it benefits.. Those prevented from habrtual drug u88. b. Th￿ retained in 6th001; Th068 prevented from entering the Y¢xrth Ju8ttC• ond prison system., d. Th080 able to ￿ from famlty breakdrA¥n and *AOIèn￿. The Youth Work T•om has contlnuad lo develop A Portlollo of C•¥• Studl•8 08 a method of ovtd•ndng rtg WO￿ lo those agancies and funder8 who may be able to 8UPPOrt. These C888 Sludles are an Invaluable resource for In48r￿Ce trslnlng of emerging Youth arKI Play Work8r& In limes when 8erious knif• and gun ime ki still far too high and Llverpoot remains o focus of natEonwlde 8ttèntlDn, the eAmpaign for fvtrl￿n9 gnd rebulldlng an effecth8 Youth Sep41ce In our communilioj n¥ed• to go on. FINANCIAL REVIEW OF THE YEAR Shrowsbury Hou&e recorded a nDt d•ficit for the y￿r of £182,147 which 1$ the wornt ffnandal r8JuI1 in memory and follo￿ • dl8metrfcalty opposite re$uli the prfor year, (Net Incom•: £138.417) thich h•d been the b•il fin*nelal re8ult for S y•ar8. Thii n•gatNo of £300,000 requlre8 oxplanatbn and conw. but nofvlthsl8ndino, illustrates the slgnlflcant challenge Ihat Ile8 ahead. Incom• Total Incomo for the year of £295.464 w88 ne8dy £180.000 le88 Ihan the pdor yaar, but more In Ilne wfth the level of income achieved In 2020 ond 2021. and whkh mlght be charxtsrised 05 moro'norm81' leve￿ of In¢ome bywhich to b8nchrna￿ perforrnance. The outlier is thereftjre actu81ty 2022, which Induded noa £80,000 raiwl by the shr￿￿bUry School Spon8or•d W*lk Iwhich onty hgppans wery fve years and ts therefore 8om&thlNJ of a ￿l￿dIslI. forthe dubl #nd a number of particularty generous post COVID Grants whlch are also non reKurring. This was the fourth ￿rthe club partiupated In the"Big Give. Chrislmas Challenge. raising over £84.000, an increase of over £20,000 on the prior year. We are indebted to our Champion pledger who has C￿trIbuted 25% of thg tolAI In sl￿LeSS1¥e yeaw¥. The club continues to benefft from a stream of regulardonations from our loyal indivwjual SUpp￿tern wthich fomi$ a key plafform forfunding the dub's day lo day operation8. We are indebtad to thgm and urge them to continu8 wlh their Support. In 8dditron, the club continues to approach tocal govemment and hs var¥)u8 public 8ector 8gend88, prfvatè charl12b￿ gr8nl maklng trustslorg8n18atlon8 and other similgr instiiutions. Vla ar6 extremety gratefvl to each of the organisatKyns listed be￿￿ fortheir Support. 1. ASDA Foundation., 2. City of LN8rpool Mayo￿$ Fund., 3. FourAcre Trust (As a matched Donor in the Big Give)". 4. Intagrat4d Play PartnaTship- fortheir School Holiday Scheme gwt8', 5. Lfverpool Clty Council Grant Aid- Via Your Edge Training and Cty Sgf8', 8. Mw8ey8lda Pollce and Crime Commi8ilon•r, 7. Shrwsbvry Sthool Exp•ndllurn Th• cEub'B tot81 wanditure of £457,811 ha8 lumpad substanllally yegr on year - up ty drea £140.000 v8 r ended 3113f2022. The mre Import8nt comparatNe however. is to look at that number against the longer temi 8vernp. The sh￿￿8 averag• annual total costs In the S yearn 201&2022 wero Approxlmately £270,000 pér Annum, a perlod that alw indud•d 8iunificant capilal expendrturo on th• buildlng Ipdn¢lpalty thè rool and plumbirwiealing Infr88tructure). The most sub818nti81. 8nd Ind8&4 recuthng. drwer of the incraa$& in c08ts is the wag•• and gahry bill whlch IB £100,000 greater in 2023 Ih•n th• prior 5 year 8v•rago. The Board of Tru$t88s Increased the hourty rale of pay ol 8898lon81 ytyjth WOfk8TS ty 8pproxlmatety 25% over th# two year period 2021-2023. added 88eond salarled yOLrth wort•r, •dd6tloMI admlnl8trat￿ Staff and lattortry an SEO. Th08e are n￿￿ary developments to run the dub s8fety and effectivety. 8ThJ foreca8t staff c08ts lorthe year ended 3113f2024 are forecasl lo bo hIg￿r ev￿ rfpay TateB are frozen. Co¥t of lI￿ng I Inflatlonary pre8Bufe8 conllnue to Impact on the c￿b.$ (¥)sl base, ènd Such a Igrge and old bullding 18 dearly impacted by increased energy prices. higher Insur8nce premlums, 8nd the overall c081 of building malerialsl#upplie8 elc that 8ra in8vItab￿ needed for the day to day maitrtenance of an agelng premi9es. A number of y¢ar8 ago the trustees toJk a dec181on not to C8PitalbSe any of the club'$ expenditum. but within the year ended 3113r2023 appr0￿mat8ty £25,000 of the repair3 and maintsnance expense line was on a programme of renovation of the club's Itwestmenl propety (31 Langrov8 Street) whith has subsequentty been relel to the e￿sting tenartt on hxproved ¢xmmercial terms and utiliying the services of a 3rd patty propety management compary. Other larger on8 off expen￿$ indudejj 8ignifirant improvements lo the garden (erection of a pemi8nent canopy) and repairslupgrades to the dub's lollets. Balanca Sheet and Reserv86 The overall op•rating defic￿ for the year has reduced Net A688ts at y68r Ond from £393,154 to £231,007, the majority of which was Cash hald in bank. 11 should be noted that all tanglbb fixed assets haw been fulty thpfeLiated and therefore have nil net book value in the accounts. The Board of Trustees prevlousty approved a policy to mainlain a reserve that would cover six months of OP8ratlng cosla. In January 2023 aÈ part al the approv81 of the accounts to year end 3113r2022 £53,000 wos transferred fr￿n the general fijnd lo that designatad fund which now $land8 al £157,000. No further transfer has been made pending a review oflupdate to the Re8eryes Policy and approach lo D8svJnated Funds. As at 311312022, the Trustees held a designated fund ftjr 18yaw Big Give Christm8¥ Challenge procaed•. Th￿0 have boon r•loa$•J for u•a In the day to day e88entlo1 runnlng of the club. At 31'M8rch 2023 the free m88rv88 of the charity. cakulat8d a8 Unrestri￿ fund81088 d¢signated fundg and fixod asgets were £52,130 (2022.. £129,561). FINANCIAL DEVELOPMENTS AND FimiRE PLANS The C￿ar •nd obvloui prlorSty for the SEO and Treasurer 18 to 8vold another deficit ol Wmllar magniiude In tho year ended 3113r2024. This Invdves idenlrfying opportuntttes lo Irw8e Income whik ¥harply f(￿uSSing on reduclng all non etsenfjal 8p•ndlng, wmhout cLYnpromi$ing on tho corn MI￿•K￿ of th• dub •nd the qualty of Itg provlilon. Th8 SEO has e*ablished an Income ccthm(ttee and freeAJ up Ilme for the Club's Senlor administrator to focus on grant applicalionsltsids, ￿sting the ngt wider to ty lo proathely Imprw tho income deriv￿ f￿ffi In$lilution81 donors. In conlunctlon wth the TreA8ur•r. th• SEO 8rMI dub 8taff gre rnwsitlng tho Club'i own aB88t base to haan￿ty whether Ih•re are rea118tlc opportunltl?¥ to Improve thg amount o18eW 98nerated Inccrfn8. In the negr lem, hwver, pending the resuns ol a safeguardlng ind heatth and #thty rfak a558ssmenl, the hostel is cfos*1 for third paty booking8. The SEO and new Treasurer Inlroduced a far mor• rfgorous proce88 for budgeting and programme pl8nning, a much lighter Challenge of proposed spending Including a new expense$ pollcy and Improved Payment release controls. Imth the agreemenV8pproval of the trnstee 1K￿rd the use of cash (a8 a mean8 of being paid or ffloking paym8nt} is being eliminatod where poBsN8 rèdueing operational rigk and impromng fflnanct81 transparency. Although still WO￿ in pn)gress, 8 Worting group Is Investigating way8 to T8fomi the club 8Ltsa¢ription rf#)del. both wlth 8 vlthv lo Impro¥ing safeguardlng {collecllng c48h 8ubscriptionN dNart8 $18ff from chlld weW8re), and improving revenue colkntKm. As part of the revised financial operating model the dub ha8 tr8nsitioned to new accounting sofhy￿e and a revisad chart of accy)unls from the 1st April 2023. This ha8 alre*Jy ¥ignificantty improved the èfficiency and timeliness of the a￿￿UntIng records, but also provKI88 far greoter real tlme transparen¢y. An addlttonal benefft of the new soknre, %then coupled with better upfront p￿nninghudgeIlng. is an improwA abilty to demonstrate th81 Restrthd Funds are being utilised in Inie with the PUqMJse forwthlch thay were donated. As already nolod, and as part of a widoT rovamp of a numbor of the Club'8 pol￿1￿$ and procedures. the Treasurer wll be rewsing tha Re￿rVeS Poticy. It is wnportant to nL*e that the Clubs c95hflty4¥ profile reEativety lumpy. and a uitical conwent of the 2023r2024 finanual year wll be the 8uc£e88 of tha Chrislmas 2023 Btg Give Challenge whith accourts for over 25% Dfthe f￿$1 rev￿Ue for the year. STRUCTURE, GOVERNANCE AND ￿NAGEMENT Governlng documont The Charitoble Incorpofated Organisation is Gontrollod by its Con8thutlon 4$ defined by the Charilles Act 2011 and adopted on 18 Ma￿h 2022. Rocrullment and appolntment of nw truBt•o• The Management of the CIO Is the rewslblllty of the Tru8tees ￿ are elttct•d and ctroptsd under tha terns of the GonB16tullon, TRUSTEES. RESPONSIBIUTY STATEMENT Tha truste￿ #fe re•poniible for pr•pJrlng lh• Tru•t•M' R•port •nd th• fin•n¢l•l 8tat•m•nt• In accord•nc• th appI￿able low and un￿ Kingdom Accountlng St8nd8rd8 Iunlted Klngdom Generalty A￿pted Accounting Pfgcllc8J induding Financial Reportlng Standard 102 'Th8 Flnanclal Reportlng StsndaTd appllcxbte In the UK and Republic of Irel8n(r'. Comp8ny law requlres Ihe Iru8t888 to prepare finandal statements for eaGh finandal year whlch gNe J Ime •nd f•Sr vlew of the 8tate of affalrs of thè charftable e4mpany 8nd of th8 Incomlng rnsource8 and applicgtlon of resources, including the income and expondltura. of th• charilable company for that perlod. In preparing Ihose financl81 ststom￿l9. tho trustees are requiTed to.. 1. 84lect 8ullable accounllng polld•# and then apply them consistenlty; 2. obseNe the methcrf18 and principt8s in the Charity SORP.. 3. make judgements and eslimatss thal are reasonabh and prudent: 4. prepare the finandal stslements on the going corKem bas18 unths l is inappropriate to presume th￿ the C￿r￿•blO compgny will wnlinue in b￿lneSS. The trustees are tosponsib18 fDr keeplng proper acLounting rewrds which disdose with reason8blg accuracy at any time the finan￿81 posiknon of the ch8rit8ble company and to enable them to •nsure thal the financial statsments comply with the Charit￿8 Act 2011. They are a180 rgsponsible for gafegu8rding the asgets of the ¢h8rit&ble comp8ny and hence for taking re&8onabl8 81eps for th8 provantion and detection of fraud and other irr8gularyti88. Apwoved by order of the board of Irusteos on ............................... ............ and signwj on its behalf by: . Thislee I14DEPENDE1￿ EXAMINER'S REPORT TO THE TRUSTEES HREW RYH cio Ind¢pgndant examlnaes rnport to the tru8ts08 of Shr•wsbury Ht)us• CKI (Ih• Compan￿) report lo the charfty trustee8 on my examlnallon of the ac¢oun15 of Ihe Company for the year ended 31 March 2023. Rosponslbllltles artd b•si• of rnport A$ the charity's tnjstses of th• Company {and also its dir￿10T9 for the purpose$ of company l¥Y4 you are r•sponsible for the preparation of the •ceotsnts in •c¢ordan￿ th* fequiffjm•nts of th• compani￿ Act 2008 Ilhe 2006 Act). Having satisfied myself that the accA)unts of the Company are not r￿uIred lo be audtted under Part 16 of the 2006 Act and are eligible for independent examinalion. I report in respect of my examination of your ¢harity'8 Bccounls as carried out under Section 145 01 the Charftle$ Act 2011 Ilh¢ 2011 Acn. In ￿rryIng out my •xamination I h8v? fc4tow¢d the Direclions givon by the Charity Commission undèr Sedon 145ISI Ibl of th# 2011 Act. Indgpondont gxamin8rf8 8tatem8nt Slnce your tharity's gross income exceeded £250.000 your exomIn￿ mugt be a member of a 18ted body. l ean Confirm that l am qualffied to undertake the examination because l am a member of the Inslitute of Chartered Accountants in England and Wales, which 1$ one ofthe listed bodi￿. I h•ve eomplet•d my ex4mlnAllon. I conflrm th•t mwtt•r• hav• come to my •ttènllon In conneclon wtth th• •xomlnatlon givlng m• cau8e to bell•ve: accountlng records were not kept In respect of the Company as requlred ty Sectlon 386 of Ihe 2006 Act,. or IM accounts do not accortl y￿th IhoBe records; or th* 4ccoun18 do not comply the accounting requirements of Section 396 of the 2006 Act other than any requlremenl that the accounts a true and tdlr vlew Nthlch 1$ not * matter con$ldered as part of an ntjependenl ex8mlnatlon', or the accounts have not been pr•par•d In accordancè wlth thè mtthods and prlnelplèa of tha Statèmtnt of RÈeA)mmended Prsctice for accounts'ng and reporbng by charibes (applicable to charities preparing their accounts in accordance wtth the Financial Reporbng Standard applicable in the UK and Republi¢ of Irelan¢J IFRS 10211. I hwfj no concoms and hav• com• acro88 no other matters In connecuon vmh the examlnallon to whlch attenlbn should be drawn in Ihl$ report in order to en•ble a prowr underntsndlng ol the accounts to bè rtached, C MoeWTrWilliams, FCA Bsc TCA IShrewsbury} LLP Third Flcor 21 St Mary's Str••t Shrevtsbury Shropshlre SY1 1ED 22ncl June.. 202 3 Page 10 TA NCORPORATING AN INCOME AND EXPENDITURE AC R THEY R ENDED 1 MARCH 2023 2023 Totsl ndg 2022 Total Unreslrlcted Re8Mcled funds fundg INCOME AND ENDOIPIMENTS FROM Donatk*ns and tegade8 204,163 52.539 256,702 403,895 harItal￿ actlvl¢l•s General 17.707 17.707 26,000 other tradlng a￿vI￿e$ Other Income 19,736 19.735 22,729 21 Tot*1 EXPENDITURE ON Charll•bl• Ktlvltl•• G•n8ral 457811 314 228 NET INCOMEI{EXPENoifuRE) Tr•n•f•Ys b•tw••n lund• {151,8351 14313) {10,312} 1182,1471 138,417 15 N•t mov•m•nt In fund• 1186,1481 4,001 1182,1471 138.417 RECONCILIA TION OF FUND8 Tolal fvnds brought for￿ 375,278 17,676 393,154 254,737 TOTAL FUND8 CARRIED FORWARD 209 130 231007 CONTINUING OPERATION6 All income and expenditLtre has arisen from conunulng acYTh. The notes fomi part of these flnancial statements Page11 SHREWSBURY HOUSE CIO REGISTERED NUMBER: CE0286 STATEMENT OF FINANCIAL P I MARCH 202 2022 CURREMT ASSETS Debtors C98h in h8nd 12 16,935 33,543 372 129 245,159 405,6n CREDITORS Amounts falling dug within ong year 13 (14,152) 112,518) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT UA8IUTIE8 231,007 393.154 NEf A88ET8 231007 FUND8 Unre8lri¢ted funds R•Btrirthl funds 15 209,130 375,278 TOTAL FUNDS The tharftable company Is enlilJ&d to oxempyon from 4udM under Secliw 477 of the Companies AGt 2008 fortha year ènded 31 March 2023. The member• hwe not requlred the company to obtaln an aud￿ of Ito firw)d818tatèmants IOT tho year *r￿ad 31 M•r¢h 2023 In •wdance wlth Sectlon 478 of the CompanleB AGI 21)08. The trustees ackn￿￿edge their responsibilities for {al ensumng that the charitable company keeps accA)unting records that wlth Sedon8 388 and 387 of the Comp8ntes Act 2006 and Ib) preparing fin•n¢lal 8t8tements vthlch give a true and falr vlew of the 8ts1e of affalrs of the charitable ¢omp8ny as al Ihe end ol each flnanc591 year and of ts Su￿lUS or deficit for each fina￿131 year In accordance th the requlromonls of Secllon8 394 and 395 ar￿ whirh ulh•p*A8e compty wth the roqulrtsmonts of the Companies Act 2006 relatlng to finandal 8tat•ments, ￿ far ss appfficable to I charllablo company. Theye financÉal 8tBtements have been prepgred in ar￿A￿￿nce K•fth the provlsions applicable to choritoblo companiu subj•cl lo the Small companies reglmo. The fin•nGl•l slat•ments were approved by th¢ Board of TN•tee4 arvj aulhorlsed for Is•ug on . and were signed on hs bth8lf by.. 2216103 Mr J J Lee8- TTU8t•• The note$ fomi part of these fina￿la1 statemenls Page 12 SHREWSBURY HQUSE CI MOTES TO THE FINANCIAL STATEM R ENDED 1 MARCH 202 ACCOUNTING POUCIE8 Basls of preparfno the flnanclal 8tstem•nts The fin8ncial stalemenls of the charitable company. which is a publk benefft entity under FRS 102. have been prepared in accordance with the Charilies SORP IFRS 1021 'A¢counling and Reporling by Charth•s'. Ststement of Ro¢omm•nd•d Pracllce appllcable to charflle8 preparfng Ihelr #ccounts In a¢cordanc• ￿￿th the Financial Raporbng Standard appllcable In th• UK and Repubfic of Ireland IFRS 1021 leffe¢tNe 1 January 2019>,, Financ￿1 Reporbng Standard 102 Tr Fhnanaal Reporting Standard ¥ppIIGablè In the UK and RepubllG of Ir8land' and the compan￿ Act2006. Th8)Inanclal st8tementJ have been prepared under the hlgiorfeal ts)st conventoon. FFn•n¢l*l r•portlng •tsnd•rd 102- r•du￿d dl#clo•ur• •xompllon• The charitable company has taken advantage of the fdlowlng disclo8ur• •x•mptk)n8 In preparlng th&8• finan¢lal $t818m¥nis, a$ permitled by FR8 102 The Finanoal Reportlng 8thnd*rd •ppllc#ble kn tha UK and Republlc of Ireland,: tho r•quiram8nts of S•ctl¢)n 7 StatemeJ)t of Cash Flows., the requiremBnl of paragraph 3.17ldl', the requirements of paragraphi 11.42, 11.44, 11,45, 11.47, 11.4818)011), 11.48(•)Ilv), 11.48 GenerAI DIRECT C08T8 OF ¢HARITABLE ACTMTIE8 2023 2022 staff costs Coundl lax and water rate8 Insurance Light end heat Telephone Sundries Repaifs and malntenance Cleaning supplies Club progr8mme Rèsldlntlal and off8lt• co•ls Office expense8 ReCru￿￿nI ar¥1 xt•ff tr*lnlnp Tuck shop expenses Summer far expen$ Art & craft malerfals Hardship fund expense8 Olher profession81 ¢08ts Ind•p•rtd•nt Examlner8 Fee Independent Examlner8 Fe•- prforyear Missioners House expenses Hostel expenses Annual report and m8￿etIng Fooiball club costs IT Suite expenty¢s Oaprecl)Uc 228,715 3,678 14,473 14,563 2,04S 183.298 2.255 9,539 13.509 1,786 80.361 1.089 44.380 16.619 2.970 6,541 32 3.907 1.141 540 1,138 2,300 3,510 3,200 10.568 2.095 3,138 3.677 53,588 987 20,833 8,713 2,979 1.924 1.728 3,937 740 2,040 2,613 6.763 2.888 7.312 4.9S9 257 Page 15 SHR ECI AN FOR THE YEAR ENDED 31 MARCH 202 INCOMEI(EXPENDITURE) Net Incomel{2xpendiiure) l¥ sl8led after rh8rytnW{L*edhing>: 2023 2022 D•wed8tlon- ty*ned a88811 257 TRU8TEES' REMUNERATION AND BENEF￿3 Thwe were no Irustees, remunernuon ar other beMfft$ for th• ye•r ended 31 March 2023 nor for Ihe year ond•d 31 March 2022. Tr￿t￿l. •xpan8•a Thorn wor• no trpAryle•o' exwnw pald for the wr wdfjd 31 March 2023 nor for th• y•Ar •nded 31 Mar¢h 2022. 8TAFF C08T8 2023 2022 Wages 8nd s¥18rf•8 Other p8nsK>n costs 214.618 152,993 10,306 103 298 Tho ￿trag8 mtythty nuM￿rafemP1Oyee8 durir4 tho as follthv4'. 2023 2022 Senlor Executlve Offic4r Full Tim8 Youth Workors Part Tlme Youth WorkerB Building Support & Caterfng Admlnlstrauon 18 13 No employ•e8 rx•lved emoluments In exc￿ Of£80,￿0. Page 16 continued... SHREWSBURY HOU ECIO TO THE FINANCIAL STATEMENTS- FOR THEYEAR ENDED 31 UARCH 2023 1Q COMPARAllVES FOR THE STATEMENT OF FINANCIAL ACTnnnE8 Unre5tricte(l Reslricted fvnd$ funds Total funds INCOIAE AND ENDOWMENTS FROM Donations and legacies 248,945 154,9SO 403,895 Ch*rIts1￿ *thllle* Genw91 17,229 8,771 26,000 Other Iradlng aclfvttle8 Other Income 22.729 21 22.729 21 Tol•l 288 924 183 721 EXPENDITURE ON Chorltsblo •ctlvlti (3en•rnl 187 327 IMCOMEIIEXPENDSTUR 142.023 (3,6061 138,417 RECONCILIATION OF FUNDS Tot*1 fvnd• brought for¥%•rd A8 prevlausty reptsrted Prfory•ar Adlu8lment 221,324 21.482 242,8C AS rn8tatsd 233,25S 21,482 254,737 TOTAL FUNDS CARRIED FORWARD 375 278 11. TAIIGIBLE FIXED A88ET3 For accounting purposes, the hiilorfcal of th• fijnctional propety18 dèèmod to be £nil •5 the tnJ8te08 org unable lo a￿rtain the original of the property. All oth•rllxed assgts have been depreclèted In fLII. Page17 eonlinued... SHREWSBURY HOUSE CIO TO THE FINANCIAL STATEPAENTS- c FOR THE YEAR ENDED 31 MARCH 2023 12. DEBTORS: AMOUMTS FALUNG DUE WITHIN ONE YEAR 2023 2022 Other debtors PrepAyments and #cerued Income 5.337 10,825 13. CREDITOR8: AMOUNTS FAWNG DUE VThIN ONE YEAR 2023 2022 Trade credhra Accruals and deferred income 1,539 2,523 Deferred Income Includes Income rece￿ed durlrvJ the pwlod of £7,04912022: £nlD vknkh r¢late8 to the finAnclal yèar andtd 31 March 2024. Thls includea 8 payment f¢f the Easter HAFF, runnlng In eaty Awll 2023. rental Incom¥ r¥¢elved for April 2023 and grant Income recerved in 8UPWt of speclfic expen8e$ thrwghoutthe 2023124 finandal year. 14. ANALYSI8 OF NET A83ETS BEtWEEN FUNDS 2023 Total fund8 2022 Total fund• Unre$trlctsd fund8 R￿trt¢téd fund8 Current 083ets Gurrént Ilabllftl 223,282 14,1521 21,877 245.159 14 152) 405,672 12518) 209 130 Page 18 eontinued... HREW BUWI H ECI ES TO THE FINANCIAL STATEMENTS- contlnuo FOR THE YEAR ENDED 31 IIARCH 2023 I& MOVEME1￿ IN FUNDS Net movement in fiJrMI3 Transfers tjetsveen fijndg Al 1.4.22 31.3.23 Unr••trlct•d fund• General fvnd DO￿0n¥t$d fijnds Bl3 Glve fund Ideslgnated I￿)d> 129,561 157,000 (151,8351 74,404 52,130 157,000 375.278 (151.8351 {14,3131 209.130 R•8trS¢tsd funds Jwph Lappln memort81 Envlronmèntol pr4èct Know your neighbour day Old Saloplan Club stanfield JFC Table Tennis Associalion MPAC Playscheme8lHAFIOther LCC Acdvty grants ESC Lottery- Sport England 8eacon Trust LCVS Innovatlon in Communitles LCC Mayors Fund Causeway & Crtmelcty SJf• 1,1 4.259 (9221 (11,7241 184 7865 500 171 270 P,5581 2,387 270 4,714 2.800 (4,7141 (741 460 11.0921 (4.4811 2,728 3.472 2,380 4,481 TOTAL FUNDS 162 147} Page 19 conUnu8d... SHREWSBURY HOUSE CIO TE THEF NANCIAL STATEMENTS- contln FOR THE YEAR ENDED 31 MARCH 2023 15. MOVEMEpif IN FUNDS- contlnued Net movement in ftmd8. incJLMled in the above are 89 follow8: Incomlng resources Resources Movement expended In fvnd$ ilnrostr¥Ct￿ fund• General fund (394.760) (151.B35) R•strlctsd lund• Joseph Lappin memo￿41 fijn Environrnental projecl Stsnfleld JFC MPAC PIw8cheme¥lHAFIOtherLCC AcNty gr8nts ESC Lottery- Sport England Beacon Trust LCVS Innovatlon in Commun￿# LCC Mayors Fund Causeway Pollct & CrSm&CIty S•ts {9221 (12,9241 {3,1381 (9221 (11,7241 (2,5581 1,200 580 21.109 PS.8231 r141 15401 11.0921 112,461) (4,7141 <74) 460 11,0921 14.461) 1,0)0 8,000 TOTAL FUNDS 4578111 162 147 Page 20 ¢onttnued... SHREWSBURY HOUSE CIO TO THE FINANCIAL TATEIAENTS- on E YEAR ENDED 34 MARCH 2023 IS. IAOVEMENT IN FUNDS- continuod Comparntlvtt for mov•mont In fur Prlor y•ar adjustment Not Transfer8 movement betsveen In fvnds At 1.4.21 31.3.22 Unrogtrfct•d fundg General fund Designated fvnd8 Big Glv¢ fvnd IdeBlgnated fur¥J} 91.324 104,000 28.ot 11.931 (53.000) 53,000 129.561 157,000 88.717 02,717 221,324 11.931 142.023 375,278 R￿trICtsd fundB Joseph Lappln memorfal funds Envlronmental prclect Know your nelghbour dAy Old Saloplan C￿b stanfield JFC T8ble Tennis A88oc40tian Gar11eld W•$lon MPAC Play6chemeslHAFIOth•r LCC Acuvty grant8 ESC Lottery- Sport England LCVS Innovètlon In Communrties 1,892 4,968 (1861 {8991 1,108 4,259 85 (1,3071 270 15,000 415 1.478 600 171 270 (15.0001 4,714 4.714 2.800 2,800 3.472 TOTAL FUND8 242.806 138417 Page 21 continued... HREW ECI ES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 15. MOVEMENT IN FUNDS- contin￿1 Cowoaratfvo not rnovom•nl in fvnds. InC￿d•d In the abov• are as follows.. I1￿mIng r•soureas Ra8our¢88 expended ovement In fvnd$ Unrestrfct8d funth General ttjnd Big GNe fvnd {de8ignated fu 226.207 1146,9011 79.308 288,924 (146.901) 142,023 RMtrlct•d fun Joseph Lappin memorial fur#ls Enwronmental project Church of England Scrfplure readers Old salopian Club Stanfield JFC Garfield Weston MPAC PlayschemtslHAFIOther LCC AclNty grants Your Edge LCC Grnnt Akl Jthn Moores Founda￿On Grant Hans & Jull8 Rau$ing Trust P H Holt Reslllence Fund ESC Lottery- Sport Engl8nd Beacon Trust LCVS Innovatlon In Communl 600 (1,3861 1699) 1750} (1,360> (7,2931 (40,000) IT86} 1699) 750 1.775 8.Tll 416 1.478 (16,0001 12.862 10.000 5.000 75.863 11,000 2.800 soo (8.148) {10,0001 {6,0001 176,6631 (11.0001 4.714 2,800 Isoo) 163 721 TOTAL FUMDB 314 228 conlinLRd... HREWSBURY HOUSE CIO THEF NANCIAL STATEMENTS- contln FOR THE YEAR ENDED 31 MARCH 202 1& MOVEMEMT IN FUNDS- contlnwl A currant ye8r 12 months and priory￿r 12 months comblned pogttlon Is a8 fol￿.. Prfor year adjustrn•nt Net Transfèrs movement b•￿en fijnds furMI$ At 31.3.23 At 1.4.21 Unr88trictsd fvnd* General lund Deslgnated fvnds Big Give fund Ideslgnated fund) 91.324 104,000 26,000 11,931 172.529) 21,404 53,000 188.717) 52,130 167,000 62,717 221,324 11.931 {9,812) 114,3131 209,130 Re8tr1ctsd funds Joseph LaFpln Mem￿41 nd$ Envirtsnment81 prd4 Know your neighbour d•y Old Salopian Club stanfield JFC Table Tennis AAsoclaUon Garfiald W•8ton ESC Lottery- Sport England Be8con Truil LCVS Innovathin In Communtties LCC Mayorg Fund Cau¥eway Pdice & Crimelcty Safe 1,892 4,958 (1,7081 112,423) 184 7,465 584 soo BS 11,3071 270 Is,000 415 {1.0801 2,3B7 270 115,0001 2,726 460 2,72B 2.380 2,380 (4,461) TOTAL FUNDS 242 806 231007 Page 23 ccffll1n￿d... RY HOUSE CIO THEF NANCIAL STATEIIENTS. ¢on FOR THE YEAR ENDED 31 MARCH IS. MOVEMENT IN FUNDS- continwd A cuffent year 12 montro and prkn year 12 months combined nel movement In IlJnd$, tnduded in the above are as follows: Incomlng Out R•sourcu M¢>vement exp8nded in fund¥ unr09trfct￿ furn1• General lund Big Give fund {de81gnated tund) 469,132 (541,8611 (r2.5291 631,849 {S41.661) 19.812) R•StrIct￿ fund• Joseph Lappin memtyS0l frJnd8 Environmgntsl prgect Church of England ScriplLf¢ rnaders Old Salopl¥n Club St4nfield JFC Garffield Weston MPAC PI8y8¢h•mothL4FIOther LCC ActSvlty grants Your Edge LCC Grant Ald John Moores Foundation Grant Hans & Julia Rausing Tru8t P H Hobt ResSllence Fund ESC Lottery- Sport England Beacon Trust LCVS Innovathjn In Communttks LCC MayoT& Fund Cau8ew•y Pollce & Crimelcty Safa 12,3081 (13,623) (750) (1,3601 (10,4311 {46,0001 {1.708} 112,4231 1,200 750 1.776 9,351 30,000 415 11.080) (15,0001 33.971 10,000 5.000 75,663 11,000 2.800 1,600 4.000 8,000 {33,9711 (10,0001 {5,0001 (75,6631 111,000) 174) (1,040) (1,620) (12,461) 2.728 480 2,380 (4,481) 230 178 TOTAL FUNDS 748 109 Detsils of th• various ftmds held by the tharity are 88 follows: Unr•strlctsd fund¥ Ganerd Fund- Any monles not i￿1￿Jed In any fvfijnd Deségnal¢d Fuftd- The Board of Trustees have nominalty set 86ide monits to ¢ov•r runnlng ¢osts for 6 months, including any Wn¢Jlng up or redundan￿ costs, to ensure that there are adequate funds In the event that the churity 18 un8We to continue to operate due to In￿M¢It￿l Income from th¥￿tabl• donallon and grants. The 8tg Gfve Chrfstmas Challenge FUr￿- Funds received and p￿lousty sat asidE by the board ft>r by for the employment of specialisl staff and instru¢tors 8nd an upgrade to tho IT suite. Th8se fund5 have been released by th8 boanl for use in tha day to day essential running of the du Page 24 continued... SHREWSBURY HOUSE C NOTES TO THE FIN TATEMENTS- c R THE YEAR ENDED 1 MARCH 2023 1& IAOVEMENT IN FUNDS- contlnued RoStrfGtsd fund¥ JO￿ph Lappin Memorfal Fund- Grants and donotEon$ Taeefved to m•lnl8ln tha IAu8lc sulte and to repalr existing equipmerrt and purchase n¢w equipment. 36 deamed nec￿lary. This indudes a grant from the Rushworth Twsl io purchase new equipment for the Joseph Lappin muslc Sulte. ENronmental projects- Gr8nts rece￿￿ lo delNer communlty woEects and molnt8kn the green Sp￿81￿. d around the centre. Knowyou Nelghbour Day- LCVS Blg Togother grant for communlty ev•nt In memory of MP Jo Cox. Okl S8loplan Club- gap year pupl Ihthg eoat8 stanffi8ld JFC- orvJoirvJ proieGt Ggrll•ld Woston. fijnds recew to wpport wago Merseylldè Play Actton Councll IMPAC) IntogrAled Play Partnernhlp - Out of Ichcd hollday dub lor ¢hildfen to get a hot meal th8t replae•s tree schcol dlnnora Acliiryty Grants- Out of 9chool holwjay play scheme grants provided by th• Integrated Hay P4ther8hlp. Your Edg• LCC Grant Ald- fvnd$ roc•lv•d lo Support ￿gO costs John Moore$ Founda16on Grnnl- fund$ recelvad tr* support wage ¢08ts H8n8 & JLll8 Rausing Tru8t- funds received lo support wage and core co P H Holl R•8lll•nc• Fund- funds recelved to supwt W8ge c08ts ESC Lott•ry - Sport Efig￿nd - po•t COVlD-19 r•twn to play gr•nt for •ft•rnclwol acllvlfj•s and out of xhcd play s¢heM￿. LCVS - Innovthon In CommunrfieB - 8 On￿Off grant to upgrade the three Shre%wdbury House garden aTe¥8,' th• Vicarage garden, tha Joseph Lappin Memorial garden and the inner courtyard garden. LCC Mayors Fund Couoewoy- To I￿ u•8d1ry4v•rds fundlng redproc•l r•8ldentl81 exchango vl8its wlth an irtsh Youth Club. èeaeon Tru8t- Funds donated to prtrthde th$C￿lOnary emeryency etht of Imng Jupport to lo￿1 famlll85. PC11￿ & Crfmelclty Saf8- Fundlng to prvvtde diversio￿ry acw, includlng Karate and Outlvard Bound cournes, as part of ryjeratlon Stonehaven and the coundl'8 agenda to keep the oty safv Paga 25 continu8d... SHREWSBURY HOUSE CIO TATEMENT contlnu•d ED I MARCH 2023 16. RELATED PARTY DISCLOSURE8 During the year Twslees and their Glose famity members mwje donatitins to the Gharlty lotalllng £7,360 (2022: £3,960) Therew￿ no other related paty transactions during year. Page 26 SHREWSBURY H LED MENT FAN NCI FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 INCOME AND ENDOWIIJENTS Donatlon• and l•gacl•• 81g G￿e donafjons Donationy Grants receNed Gift aid rectaimed School sponsor￿ W* 84,163 70.465 86,677 15,397 62.717 67,292 176.325 18,308 266,702 403,895 Oth•rtradlng acthStl•s Hire of facilities Ml55ioneffs House rental Int￿rne 31 L•ngro¥e Str••t Gross Income 7,319 6.308 10,619 6,000 19,736 22,729 Charftablo actlvftl Club Subsulptlong Club trip fe Summer f81r Other IrKomo 11,158 3.258 11.131 2.201 2.174 17,707 26.000 Oth•r Incom InVastm￿l incom• 21 Total Incomlng Y••Ou￿ 295,464 452,645 EXPENDITURE Charltabh activitl Wages Pensions Coun¢il tsx 8nd water rat In8urgnce Llght and heat Teleplwn• Sundri0S Repairs and Masntena￿e Cleanlng supplle8 Club programme Residential and offsfte costs 0ffl¢o èxpenses Carried 214,618 12,157 3,678 14.473 14,563 2.045 991 90,361 1,089 44,380 15,519 2,970 416,824 152.993 10.305 2.266 9.539 13.509 1.785 53,588 20,833 8,713 2,979 278,170 Th55 page does not brm p8rt ofthe statutory ststement> P&Je 27 SHR RY HOUSE CIO ETAILEO NT OF FINANCIAL ACTllnTIES FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Charitsble actEvltt•s 8roughl foThvard Recruitment and staff tralnlng Tuck shop exp8n8e8 Summer falr expenses Art & uaft materials Hardshlp fijnd expenses Other professional c08ts Independent Examin8rs F•• Ind&p•ndent Examiners Fee- prfor year Mlssioners House expen8e8 Hostel expenses Annual rtport and rnathting Foolball dub eogts IT Suite exp8nses Depreciats'on of tangible frrted assets 416.824 5,541 278.170 1,924 1,728 3,937 740 3,907 1.141 540 1,138 2.300 3.510 3,200 10,568 2,095 3,138 2,040 465 2,613 8,763 7,312 4.959 257 Total re￿ule￿A oxp•nd•d 457611 Nat lexpendltureinncom• 162 14n 138417 Th55 p8go dtsts not fomi port ofthe slatutory finandal statements Page 28