Charity registration number: 1075068
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
FINANCIAL STATEMENTS AND ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
https://saswtrust.com/
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
INDEX TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Trustees' annual report | 2 - 9 |
| Independent examiner's report | 10 |
| Receipts and payments account | 11 |
| Statement of assets and liabilities | 12 |
| Notes to the financial statements | 13 - 15 |
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
| Trustees: | Rev Daniel Parkes | - Chair |
|---|---|---|
| John Cooper | - retired 5 February 2024 | |
| John Forshaw | ||
| Stephen Griffiths | ||
| Elizabeth Lacey | ||
| David Lloyd-Jones | - appointed 22 April 2024 | |
| Nicola Millington | ||
| Anne Pickup | ||
| Shirley Potts | ||
| Tina Powsey | ||
| Treasurer: | David Lloyd-Jones | |
| Charity Number: | 1075068 | |
| Charity Address: | Scarisbrick New Road | Baptist Church |
| Scarisbrick New Road | ||
| Southport | ||
| PR8 6PU | ||
| Independent Examiners: | Lifestyles Accountancy Limited | |
| 39 Kirklees Road | ||
| Southport | ||
| PR8 4RB | ||
| Bankers: | HSBC Plc | |
| 331 Lord Street | ||
| Southport | ||
| PR8 1NJ |
Page 1 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees submit their annual report and financial statements for the year ended 31 December 2024. These financial statements have been prepared in accordance with the receipts and payments basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a Charitable Trust which was registered on 18 January 1999. It is governed by its Declaration of Trust dated 18 January 1999 as amended on 7 July 2008.
Recruitment and appointment of the trustees
The board seeks to achieve a balance of skills and experience amongst the trustees. In order to maintain this, the board reviews its skill and experience mix each year and seeks to recruit new trustees when necessary, subject to the conditions set out in its Declaration of Trust.
Appointment is made by a resolution of the trustees taken at a meeting where a majority of trustees are present and the resolution is recorded in the minutes and signed by the new trustee and chairman. New trustees are required to agree to the Trust Statement of Faith, Declaration of Trustworthiness and policy and procedures reflecting the ethos of the trust.
Trustee induction and training
The current board of trustees will provide any new trustee with an overview of the timetable of board meetings, copies of the recent minutes of meetings, the recent reports and accounts and explain their general and specific responsibilities. The trustees formally met 6 times throughout 2024.
Ongoing training is provided by the board of trustees as and when the need arises.
Risk management - Safeguarding
The trustees take Safeguarding very seriously. They regularly review their safeguarding policy and have updated it to take into account all the appropriate protocols relating to working online. There were two minor safeguarding concerns in 2024 which were all dealt with appropriately. Anne Pickup is our lead trustee for safeguarding. She has attended the required safeguarding training so that she can train the other trustees as and when that is required. All trustees, workers and volunteers hold appropriate DBS certificates. During the year we registered with Thirtyone:eight to help us with our safeguarding responsibilities.
OBJECTIVES AND ACTIVITIES
Objects of the charity
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.
The purpose of the charity is to advance the christian faith in accordance with statement of beliefs, which are available on request, particularly amongst children and young people in the schools, colleges and other educational establishments in Southport, Formby and the surrounding areas and elsewhere as the trustees may from time to time think fit and to advance education in accordance with christian principles in the said locality and elsewhere as the trustees may from time to time think fit.
Page 2 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE
Review and summary of the year
In relation to its charitable objectives, the charity has:
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= Supported two full time workers through prayer, pastoral and professional support and guidance;
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= Supported Christian based activities in schools of the locality and provided assistance in curricular areas [assemblies, religious education, citizenship, RSE, PSHE]. Provided training and encouragement to them;
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= Worked in partnership with other schools/youth workers, schools and churches; joint presentations at Easter, end of school year 6 and Christmas; trained and organised volunteers to assist in schools work; supported holiday events in the year;
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= Encouraged prayer by keeping churches informed of the work and by holding regular prayer times; and
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= Continued to promote the financial and prayer support of the work amongst churches and individuals.
2024 marked the 25th Anniversary of the start of the Schools Worker Trust and we wanted to make this a special year of celebration. It is amazing to stop and reflect on all that has gone on during the past 25 years and how the work has grown over those years. We are still being invited into new schools and continue to be invited into the schools we started having links with in 1999. We now employ two full time workers and partner with a local church who give us a part time worker. It’s great to see how our number of volunteers and supporters have grown over the years. As part of our celebrations we encouraged churches and supporter to hold ‘Safe Space Coffee Mornings’ to mark a quarter of a century of creating safe spaces in schools to explore the big issues of life and faith. David produced a pack to help those who wanted to organise one. We hoped this would be a good way of helping our supporters to further engage with the work of the Trust and encourage others to get on board. The first one was held in March at Scarisbrick New Road Baptist Church on the set of Mission Impossible.
Our lunch time ‘Safe Spaces’ continued to be the key to our work in secondary schools, as we popup our gazebo setup out on the school yard. We are now working in each of the five secondary schools in Southport and have two sessions each week in Meols Cop High; most lunch times speaking to over 100 students in each school. These sessions give the young people an opportunity to discuss matters of faith and the big issues of life and an opportunity to rate their mental health and wellbeing with our traffic light system. The school can use this information to shape their pastoral care. They explore the roots of how they are feeling and explore positive practices. Our workers then have an opportunity to support them and offer them hope. These sessions are very much appreciated by the pupils and by staff.
The pupils who meet our workers in these Safe Space Sessions are forming good relationships with our workers and volunteers. As a result we have seen a growth in the numbers attending church youth groups because they meet the same workers or volunteers in churches as they do in schools. Churches find it hard to get young people to go to activities in church and the link with Safe Space is absolutely vital if our churches are going to grow their youth work.
Page 3 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Review and summary of the year (continued)
We continued to help run” Impact” in Ainsdale. This is a community youth project run under the umbrella of the Churches Together in Ainsdale, which aims to take the ethos and success of our secondary schools Safe Spaces into the local community. It is run in the café/lounge and sports hall at Ainsdale Methodist Church once a week when the space is transformed into a youth venue with big screens, games consoles, lights, music, chill out space and a variety of sports. Half way through the evening the youngsters are provided with a small meal and cake followed by ‘Cake Space’- an opportunity to gather together to chat over cake and drinks, build community in a fun way and discuss our Rooted Question of the week from Scripture Union. This is a very successful project and we would like to see more of these projects developed in different parts of our town.
There continued to be many different opportunities for the Trust to get involved in work in primary schools.
During the year we have been invited to take Assemblies on several topics. Our World Book day assembly was received positively when we were able to show the children that the Bible is a library with books for everyone: history poems, adventure, songs, letters love stories, battles miracles and incredible stories. The children were excited to share their favourite bible story.
We have run Awesome Clubs in some primary schools which are based upon the Fruit of the Spirit – love, joy, peace, kindness, patience etc.
Hettie continued to teach RSE (Relationship and Sex Education) lessons in primary schools.
It has been encouraging to see the children at St Philips Sweaty church grow and develop. Some of the older children are now doing tasks to help run with running it.
David delivered the Christians Against Poverty money course to year 6’s again this year helping the children to understand how to use money wisely. This included looking at budgeting, saving, giving, and learning about the work of Christian charities in debt relief especially the work of our local Compassion Acts Charity.
David was able to teach Walk Through The Bible (WTTB) lessons in three primary schools this year. These are interactive energetic primary school RE lessons on the Old Testament, which makes the Bible come to life for the children. The children really engaged with these lessons and enjoyed them. It was encouraging having Simon and Adam (a local WTTB trained volunteer) joining in these lessons this year.
The National Anti-bullying week in November is always a popular week for schools booking us in for our annual Antibullying sessions. This year’s theme was ‘Choose Respect’. It was great to be back visiting a couple of our schools for the first time in a while.
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Review and summary of the year (continued)
Our three main presentations, Mission Impossible, ‘Moving On’ and the Christmas Production were as popular as ever.
Mission Impossible, which is the Easter presentation where pupils become secret agents and discover the facts of the Easter story, and are given the opportunity to decide for themselves whether the evidence proves the death and resurrection of Jesus, is one of the highlights of the year. It was great to have a large and diverse spread of volunteers from local churches take on the roles of secret agents in order to give hundreds of children an Easter experience to remember.
Our ‘Moving On’ presentation was very popular. We use material produced by ourselves and Scripture Union which give lots of tips and advice for pupils who make the move from year 6 into year 7. The children are always excited when they hear that they will see the schools workers when they move into year 7 in High School. This is an encouragement to them that there will be a familiar face and a familiar message when they meet the challenges in secondary schools.
Our Christmas Presentation this year was entitled ‘Festivable Me’ – celebrating the difference even the mini- est children can make to their community through the power of Christmas. We performed the show 15 times to 4,000 children in total with another 4,000 views on YouTube. It showed the importance of being together and looking out for each other over the Christmas season was even more fitting this year. It showed how the Christmas message can bring love and life to our friends, families, and community.
However 2024 has been a difficult and challenging year following the horrific events in Southport in July which were beyond devastating. Southport is a close knit community and the whole town has been affected by what happened. Our workers had to work out how we could support the children and young people of our town in the aftermath of these events especially as it happened in the school holidays where we didn’t have the same contact with children and young people. Initially David produced some social media content and a video to share to try and help these youngsters process their thoughts and later some flyers which could be handed out in churches and schools. He also used the Trust gazebo and held a drop in centre in one of the town centre churches one afternoon a week in August where young people could just drop in to spend time and chat if they needed to. Church leaders contacted David to say that the Trust had a bigger role to play now in supporting and helping the children and young people in our town than ever before.
Instead of holding our usual Celebration Service it was decided to hold a ‘Silver Anniversary Gathering’ where Churches and supporters from far and wide were invited to gather to celebrate the great work done in our local schools but also to pray for Southport’s response to all that has happened over the summer, hearing from our schools ministry team about what we have been working on and where we need to be moving forwards. We were delighted to have David Newton, National Director of Scripture Union, with us to share about the power of local churches working together to reveal Jesus and bringing much needed hope to young people in our town. This was well attended and proved to be a powerful and encouraging time.
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Review and summary of the year (continued)
As the autumn term commenced we realised just how valuable it was for us to be in schools acknowledging that our workers had been involved in difficult pastoral conversations following the tragic events of the summer.
One of our local churches decided to organise the distribution of backpacks containing gifts to all Southport primary school children to demonstrate that they are loved. This was known as the ‘Blessing in a Backpack’ project. The Trust was involved in distributing these at primary school assemblies.
However as the work continues to grow, we need more resources both in terms of manpower and finances particularly in the light of the fact that in December we said good bye to Hettie, one of our workers, who is now concentrating on her own primary school teaching career. We are so grateful to her for the contribution she has made to the work of the Trust especially in sports ministry. The Trustees have been looking at how we resource the work in the future. We have been successful in being awarded some grant funding during the year.
The partnership arrangement we have with Canning Road has been very successful and it is great to have Simon working with us. We are now exploring some sort of partnership with Christ Church Southport We These discussions are very positive and it is hoped that we might be in a position to advertise for a worker later in the year.
We are very grateful for an increase in the number of volunteers who joined in the work of the Trust during the year which meant that the Mission Impossible Presentation and the Safe Space ministry in High Schools was better resourced. A further increase is needed again now with the loss of Hettie.
We are also very grateful to the increased number of individual supporters who give so faithfully and pray for the work and to the local churches who support us in prayer and with finance.
Other organisations
We are delighted to be able to partner with Scripture Union in our schools ministry. It is great to work with a recognised national and global organisation. We appreciate the networking this gives us with other Trusts and Youth Workers and the training and resources which are available. We join with Scripture in their Revealing Jesus Mission Framework and this has helped us to clarify our own vision as we seek to help children and young people connect, explore, respond and grow in their journey of faith. They seek to have faith guides in local churches who can help young people on their own journey. Our workers are faith guides and David has just recruited three more faith guides from local churches. David has also attend Scripture Union conferences during the year.
We were privileged to attend a meeting earlier in the year to promote our work at ‘Impact,’ the youth group in Ainsdale, at a Merseyside Police Forum. The outcome was that we received a grant of £2,000 from the Merseyside Police Authority.
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Connecting with our supporters and the local Church
We send out regular newsletters and prayer requests to all our supporters so that they can be fully informed about the work we do and are grateful for their prayers and financial support without which we would not be able to continue the work.
Canning Road Chapel have given us 50% of the time of their youth pastor who is working alongside our workers. This partnership is working really well.
We are very grateful for other youth workers and volunteers from local churches who partner with us and are invaluable members of the team.
FINANCIAL REVIEW
Principal funding sources
The principal sources of funding for the charity continue to be donations received from individuals and churches in the local area.
Reserves policy
The trustees are of the opinion that ideally, in order to be able to offer a commitment of continuity of employment to our employees, and because a large proportion of our future income is uncertain, we should aim to have in reserve at the year end an amount equal to the following year's estimated expenditure which is calculated to be around £55,000.
In the year to 31 December 2024 the amount available in free, unrestricted reserves was £89,370 (2023 - £60,604). We give thanks that we were in this position at the end of 2024 and were able to exceed our reserves policy. As we move forward the trustees will contiunue to monitor the trusts financial position and look to raise further income so that the work can grow.
Financial review of the year
The treasurer monitors the trust finances throughout the year and provides the trustees with up to date information at each trustees meeting. Annual income in 2024 was £80,387 (2023 - £73,481) and expenditure was £51,621 (2023 - £55,188). This resulted in an overall surplus of £28,766 (2023 - £18,293). This surplus will be used to finance the youth work in future years including the possibility of further recruitment.
There has been a significant improvement in our finances during 2024. It is very obvious that the profile of the Trust has been progressively raised among the Churches and individuals in Southport. Not only have we more supporters than ever before, but those supporters have become more generous. We also managed to secure small grants from the Westhill Endowment Fund and the Merseyside Police Fund.
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW (continued)
PLANS FOR FUTURE PERIODS
General plans
The Trustees and Schools Workers are fully committed to developing the work of the Trust and to take advantage of new opportunities as they arise, whilst continuing with the work which is so appreciated by local schools, children, young people, parents, and churches.
In order to grow the work and respond to all the requests we get to serve the schools we will need more resources. In our immediate situation, we find ourselves unable to respond to all the requests, and existing commitments are sometimes cancelled due to current lack of personnel. The Trustees are however committed to filling this gap and are making looking at ways of resourcing the work a priority.
It is hoped that more can be done to get other churches to follow a partnership model. We cannot stress how important the links between churches and the Trust are if we want to build up our church youth groups. If churches want to reach out to children and young people what better way to do than to be involved with the Schools Worker Trust which already has so many positive links with the local schools.
We are looking at ways in which we might be able to encourage churches to take on some of the schools work themselves or at least provide volunteers to work with us. us. This is especially the case in our local Church schools.
As we look back over the past 25 years it is amazing to see how the work has developed and become so important and appreciated by the local schools and how the work has impacted the lives of thousands of children and young people in Southport. We give thanks for all the workers and volunteers who have partnered with us over the years and we are excited about what God will do through the work of the Trust as we look forward to the future and move into 2025 and beyond.
Page 8 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
TRUSTEES' ANNUAL REPORT (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
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a. select suitable accounting policies and apply them consistently;
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b. observe the methods and principals in the Charities SORP;
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c. make judgements and estimates that are reasonable and prudent;
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d. state whether applicable UK accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
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e. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the trustees on 10 February 2025 and signed on its behalf by:
………………………………
Rev Daniel Parkes - Chair
Page 9 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHPORT AND AREA SCHOOLS WORKER TRUST
FOR THE YEAR ENDED 31 DECEMBER 2024
We report on the financial statements of the charity for the year ended 31 December 2024, which are set out on pages 11 to 15.
Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
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(i) examine the accounts under section 145 of the Charities Act,
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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(iii) to state whether particular matters have come to our attention.
Basis of independent examiner's statement
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with our examination, no matter has come to our attention:
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a) which gives us reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- b) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Daniel Styles (Independent examiner)
Dated: 12 February 2025
for and on behalf of Lifestyles Accountancy Limited
Page 10 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted Restricted Total cash funds cash funds cash funds 2024 2024 2024 Notes £ £ £ RECEIPTS Voluntary receipts: Donations and gifts 2 78,769 - 78,769 Investment receipts: 3 1,618 - 1,618 TOTAL RECEIPTS 80,387 - 80,387 PAYMENTS Charitable activities 4 51,621 - 51,621 TOTAL PAYMENTS 51,621 - 51,621 28,766 - 28,766 Cash funds at 1 January 2024 60,604 - 60,604 Cash funds at 31 December 2024 89,370 - 89,370 NET RECEIPTS |
Total cash funds 2023 £ 72,613 868 73,481 55,188 55,188 18,293 42,311 60,604 |
|---|---|
The notes on pages 13 - 15 form part of these financial statements.
Page 11 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 DECEMBER 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2024 | 2024 | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | |
| CASH FUNDS | |||||
| Cash at bank | 6 | 89,370 | - | 89,370 | 60,604 |
| OTHER MONETARY ASSETS | 89,370 | - | 89,370 | 60,604 | |
| Gift aid tax to reclaim | 4,879 | - | 4,879 | 5,071 | |
| LIABILITIES | 4,879 | - | 4,879 | 5,071 | |
| PAYE to pay to HMRC | 1,092 | - | 1,092 | - | |
| 1,092 | - | 1,092 | - |
Approved and signed on behalf of the trustees on 10 February 2025 by:
……………………………… Rev Daniel Parkes - Chair
The notes on pages 13 - 15 form part of these financial statements.
Page 12 of 15
SOUTHPORT AND AREA SCHOOLS WORKER TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES
a Basis of preparation
These financial statements have been prepared under the receipts and payments basis.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest whole £.
b Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
c Fund accounting
Unrestricted funds are funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have been designated for specific purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements where relevant.
d Receipts
All receipts are included in the statement of receipts and payments when the charity receives the money rather than when it is legally entitled to the income. No amounts are included in the financial statements for services donated by volunteers.
e Payments
All expenditure is accounted for when costs are paid by the charity and has been classified under headings that aggregate all costs 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 the resources.
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
2 VOLUNTARY RECEIPTS
| Donations and gifts: Donations from churches Donations from individuals Donations from organisations Gift aid tax reclaimed Online giving Grants received Legacies received Other donations received |
Unrestricted Restricted Total cash funds cash funds cash funds 2024 2024 2024 £ £ £ 30,455 - 30,455 27,004 - 27,004 - - - 7,617 - 7,617 4,713 - 4,713 2,970 - 2,970 4,000 - 4,000 2,010 - 2,010 78,769 - 78,769 |
Total cash funds 2023 £ 18,120 33,060 5,000 4,574 6,659 5,000 - 200 72,613 |
|---|---|---|
3 INVESTMENT RECEIPTS
| Building Society interest received | Unrestricted Restricted Total cash funds cash funds cash funds 2024 2024 2024 £ £ £ 1,618 - 1,618 1,618 - 1,618 |
Total cash funds 2023 £ 868 868 |
|---|---|---|
4 COSTS OF CHARITABLE ACTIVITIES
| Salary costs Staff expenses Miscellaneous Insurance Bank charges |
Unrestricted Restricted Total cash funds cash funds cash funds 2024 2024 2024 £ £ £ 45,868 - 45,868 4,771 - 4,771 269 - 269 635 - 635 78 - 78 51,621 - 51,621 |
Total cash funds 2023 £ 49,297 4,797 349 635 110 55,188 |
|---|---|---|
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SOUTHPORT AND AREA SCHOOLS WORKER TRUST
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
5 EMPLOYEES
The average monthly number of employees during the year was:
| Total staff costs recognised in the year: Wages and salaries Pension costs |
2024 Number 2 2024 £ 44,500 1,368 45,868 |
2023 Number 2 2023 £ 47,862 1,435 49,297 |
|---|---|---|
No employees whose total employee benefits (excluding employer pension and national insurance costs) for the reporting period amounted to over £60,000 (2023 - none).
6 FUNDS
| Unrestricted funds: General funds |
Balance at Incoming Resources 1 Jan 24 Resources Expended £ £ £ 60,604 80,387 (51,621) 60,604 80,387 (51,621) |
Balance at 31 Dec 24 £ 89,370 89,370 |
|---|---|---|
7 RELATED PARTY TRANSACTIONS
There were no known disclosable related party transactions during the year (2023 - none).
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