2021-08-31-accounts - Shine: Support And Help In Education

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					Expendable
			Unrestricted	Restricted	Endowment	Total	Total
			2021	2021	2021	2021	2020
		Note			E	F
Income and
expenditure account
Income resources
Incoming resources	from
generated fund:
Voluntary income
Gifts and donations			162,754	1,077,795		1,240,549	4,747,098
Investment income							4,451
Total incoming resources			162,754	1,077,795		1,240,549	4,751,549
Resources expended
Costs ofgenerating	funds:
Costs ofgenerating
voluntary income				144,804		144,804	244,040
Charitable activities:
Grant-making				1,814,521		1,814,521	2,667,743
Total resources expended		4		1,959,325		1,959,325	2,911,783
Net gains on investments		9			919,903	919,903	244,775
Net incomei(expenditure)			162,754	(881,530)	919,903	201,127	2,084,541
Transfers between funds			(162,754)		162,754
Net movement in funds for
the year				(881,530)	1,082,657	201,127	2,084,541
Total funds brought forward				1,536,717	4,921,996	6,458,?13	4,374,452
Total funds carried forward		12		655,187	6,004,653	6,659,840	6,458,713

						Expendable
				Unrestricted	Restricted	Endowment	Total	Total
				2021	2021	2021	2021	2020
			Note
Fixed Assets
Tangible assets					6,892		6,892	4,587
Invesimenis						6,197,864	6,197,864	5,667,717
Total fixed assets					6,892	6,197,864	6,204,756	5,672,304
Current Assets
Debtors			10		3,196,994	41,164	3,238,158	3,341,789
Cash at bank and	in	hand			1,204,284	(234,375)	969,909	1,318,210
Total current assets					4,401,278	(193,211)	4,208,067	4,659,999
Liabilities
Creditors: Amounts		due
within one year					(2,021,658)		(2,021,658)	(1,918,387)
Net current assetsl
(liabiiities)					2,379,620	(193,211)	2,186,409	2,741,612
Total assets less	current
liabilities					2,386,512	6,004,653	8,391,165	8,413,916
Creditors: Amounts		due	after
more than one year			11		(1,731,325)		(1,731,325)	(1,955,203)
Net assets					655,187	6,004,653	6,659,840	6,458,713
The Funds ofthe	Charity
Expendable endowment			funds
Undesignated			12			5,965,641	5,965,641	4,849,436
Designated			12			39,012	39,012	72,560
Restricted income	funds		12		655,187		655,187	1,536,717
Unrestricted funds			12
Total charity funds					655,187	6,004,653	6,659,840	6,458,713

				2021	2020
Reconciliation ofnet income/{expenditure)			to net
cash flows from operating	activities
Net income/(expenditure)				201,127	2,084,541
Adjustments for
Depreciation oftangible assets				2,375	1,457
Interest receivable					(4,451)
(Gains) on investments				(919,903)	(244,775)
Decrease/(increase) in debtors				103,630	(2,290,129)
(Decrease)/increase in creditors				(12Q,607)	1,094,687
Net cash inflow /
(outflow) from operating activities				(733,378)	641,330
Cash flow statement
Net cash {outflow) from operating		activities		{733,378)	641,330
Net cash transferred from/(to)	investment
portfolio				147,167
Proceeds on sale of investments				249,171	59,449
Purchase offixed assets				(4,767)	{1,Q79)
Proceeds offixed asset disposals				86
Purchase of investmenis				(6,580)	(175,520)
Net cash inflow from investing	activities			385,077	(117,150)
{Decrease)/increase in cash				(348,301)	524,180
Cash and cash equivalents at
1 September 2020				1,318,210	794,030
Cash and cash equivalents at
31 August 2021				969,909	1,318,2'1 0
Analysis ofcash and cash equivalents
Cash at bank and in hand				969,909	1,318,210

					Other
			Staff		direct	Total	Total
			costs	Grants	costs	2021	2020
			E			F
Costs ofgenerating		funds
Fundraising	activities						98,580
Support costs			114,924		8,620	123,544	125,158
Governance	costs allocated		8,841		12,419	21,260	20,302
			123,765		21,039	144,804	244,040
Charitable	expenditure
Grants				1,501,043		1,501,043	2,355,078
Support costs			196,329		80,831	277,160	277,982
Governance	costs allocated		15,102		21,216	36,318	34,683
			211,431	1,501,043	102,047	1,814,521	2,667,743
Total			335,196	1,501,043	123,086	1,959,325	2,911,783

Total gover	nance costs for	the year were F57,577(202	0:F54,985}.
			2021	2020
Grants
Outstanding	liabilities at 1 September		3,844,080	2,707,178
New grants	awarded during	the year	1,559,174	2,952,921
Overspend/(underspends)			(58,131)	(75,933)
Paid during	the year		(1,627,237}	(1,740,086)
Outstanding	liabilities at 31	August	3,717,886	3,844,080
Awards falling due within one year			1,986,561	1,888,887
Awards falling after more than one year			1,731,325	1,955,203
			3,717,886	3,844,080

Active Phonics		875
Ad Astra Academy Trust		52,080
Amy How Limited		7,725
Astrea Academy Trust		99,111
Beckfoot Trust		80,742
Bishop Hogarth Education Trust		9,750
Bispham Endowed CE Primary School		17,430
Bootham School		25,875
Boromi		10,875
BWB		5,549
Corrie Primary School		62,946
Craven College		23,375
Dowdales School		90,000
Drapers Brookside Junior School		19,675
Eastward Community Primary School		52,000
Educational Diversity		3,375
Endeavour Academies Trust		74,000
Fallinge Park High School		49,453
Hull Collaborative Academy	Trust	94,955
Lightning Maths Limited		875
Luminate Education Group		3,875
Morecambe Bay Community	Primary	37,997
Moston Fields Primary School		25,875
NEAT		57,341
Nicholas Postgate Catholic Academy		23,500
Oldham Sixth Form College		16,875
Parklands County Primary School		25,875
Reid Street Primary School		40,023
Sacred Heart Catholic High	School	90,000
School 21 Foundation		12,996
School for Social Entrepreneurs		26,000
Spelling Beats CIC		20,000
St Patricks RC High School		78,940
St Paul's C of E Primary School		990
The Spencer Academies Trust		875
Three Saints MAT		99,250
Throston Primary School		3,875
University of Manchester		4,500
White Rose		23,355
VVhitefield Primary School		50,000
Wise Owl Trust		100,000
Worsborough Common Primary		15,000
Wyvern College		21,366
Gross awards	1,559,174

eriod are	listed below.
			2020
Boromi			15,000
Character Counts Easy Peasy			5,000
Clapgate	Primary School		13,640
Lightning	Maths		30,469
Oxford Youth Lab (Right		to Succeed)	2,661,172
Spelling	Beats CIC		132,652
St Paul's	C of E Primary	School	40,000
Support	Costs for teacher		7,500
University ofManchester			2,000
Waiercliffe Meadow Primary School			15,078
Wyvern	College		30,410

Less —underspends	and adjustments	in respect of previous year awards
Underspends		(58,131)		(75,933)
Grants repaid				(500,000)
Accrual reversal
and other adjustments				(21,910)
Net grants recognised		1,501,043		2,355,078
5. Staff costs
			2021	2020
Wages and salaries			289,448	268,211
Social security	costs		30,347	27,696
Pension costs			15,401	16,870
			335,196	312,777

2021	2020
Number	Number

Generating funds
Grant making
Governance
Number ofstaff who earned between:
260,001 —E70,000 (pro-rata)

Comparative information —sta	Comparative information —sta	tement	offinancial activi	ties 2020
Year ended 31 August 2020
					Expendable
			Unrestricted	Restricted	Endowment	Total
			2020	2020	2020	2020
				E	F	E
Income and expenditure	account
Incoming resources
Incoming resources from
Voluntary income
Other gifts and donations			733,950	4,013,148		4,747,098
Sponsorship
Investment income			4,451			4,451
Total incoming resources			738,401	4,013,148		4,751,549
Resources expended
Costs ofgenerating funds:
Costs ofgenerating voluntary		income		244,040		244,040
Charitable activities:
Grant-making			20,708	2,647,035		2,667,743
Total resources expended			20,708	2,891,075		2,911,783
Net gains on investments					244,775	244,775
Net income/(expenditure)			717,693	1,122,073	244,775	(687,431)
Transfers between funds			(717,693)		717,693
Net movement in funds for	the	year		1,122,073	962,468	2,084,541
Total funds brought forward				414,644	3,959,528	4,374,172
Total funds carried forward				1,536,717	4,921,996	6,458,?13

Tangible assets
	Office
	equipment	Total
Cost
At 1 September 2020	22,186	22,186
Additions	4,767	4,767
Disposals	(88)	(88)
At 31 August 2021	26,865	26,865
Depreciation
At 1 September 2020	17,599	17,599
Disposals	(88)	(88)
Charge for period	2,462	2,462
At 31 August 2021	19,973	19,973
Net book value
At 31 August 2021	6,892	6,892
At 31 August 2020	4,587	4,587

Investments analysis
							2021	2020
Listed investments and	funds valued		b	reference		to such investments
(domicile)
Egerton Capital Equity	Fund (Ireland)						1,777,738	1,438,593
Bridges Community Development		(BCD)			Venture	Fund	III (UK) 143,245	208,193
Magnitude International	Class F(Cayman				Islands)		1,187,314	1,076,937
CF Ruffer Total Return	Fund (UK)						917,245	810,157
Veritas							1,395,221	1,183,211
Market value of listed investments							5,420,763	4,717,091
Other investments
Blackrock Sterling Liquidity First (Ireland)							777,101	950,626
Total investments							6,197,864	5,667,717
Further analysis oflisted investments:
							2021	2020
Market value brought forward							4,717,091	4,464,573
Purchased during year							95	8,596
Sales I realisations during year							(216,243)	(853)
Net gain on revaluation							919,820	244,775
Market value at							5,420,763	4,717,091
Total net gain on revaluation equates of683 totalling f919,903.			to	F919,820 above, less movement on other				investments
Historical cost at							3,463,863	3,463,768
Accumulated unrealised	investment	gains at					1,956,899	1,253,323
Debtors
							2021	2020
							E
Prepayments and other	debtors						3,238,158	3,341,789

Creditors
		2021	2020
			E
Grant commitments	due within one year	1,988,710	1,888,877
Taxation and social	security costs	6,665	6,984
Other creditors		2,583	3,576
Accruals		23,700	18,950
Amounts due within	one year	2,021,658	1,918,387
Grant commitments	due after more than one year	1,731,325	1,955,203

Statement	offunds
		Balance			Net		Balance
		1 Sept	Incoming	Outgoing	investment		31 August
		2020	resources	resources	gains	Transfers	2021
		E	E				E
Expendable
Endowment:
—Undesignated		4,849,436			919,903	196,302	5,965,641
—Designated		72,560				(33,548)	39,012
Restricted	funds:
Operating	and
projects		1,536,717	1,077,795	(1,959,325)			655,187
Unrestricted	funds		162,754			(162,754)
Total funds		6,458,713	1,240,549	(1,959,325)	919,903	—	6,659,840