2023-08-31-accounts

SHINE SHINE: Support aNI Holp IN E(kKallon 31 Augwt 2023

SHINE: Support aThl Help IN Education REPORT AND FINANCIAL sfATEMEpifs 2023 coKrEP 3-10 14 15 16 17-27

SHINE: sUpp￿t and Help IN EdU￿tIOn Kabryta Gupta Heffem8n Sarah Loft Ann Mn)z Lcrtd J (YNeii J￿ry Uuky J 12knwy 2023 PATRONS Sr H¢Mrd Berntsn Sarah BTrJn Gary N￿1￿ ThB LLYd CYDcrffiel. GCB StrAex FerLMml. C8E SY kn La￿and5 Fiona Spdlman CEO (Conpany Se• to 1 2tr23) SHINE LS14HY 8orday8 8ar Pk 8244 Street Ewn KT19 8BH Bates Wdls Le8ts LS15 8ZB

SHINE: Supwt and Help IN Ethcalion Forthg yew 31 August 2023 In a¢klib'on to tt8e prruammes. SHINE 18 (xy￿1t1ed tomxkwy in are88 In reviewng our+Swrtth ¢p¢b¥es and ￿anning LW thelnkes ofSHINE taken into ethXati￿￿I ￿lu•l￿e8 in the N(rti. Ihat SHINE 18 e8tliknJ ￿ the VR keen kn Iwfoj on have leamt ￿ fw. ￿ V•

SHINE: Support and Help IN iy SHINE e0nbrK￿d to alm a furty appI￿atiOnS frrxn Teac￿￿, des&lte Tethr8 SHINE n If23 Yds up ty 3)% (m pr. SHINE Corth￿l to tAMfd tyx￿aea¥ a LTrtO¥Lefryi88uesw￿￿ ed￿10￿ and disthantage In February 20Z3. V•E wNished a regF•￿te to ￿ lThJep￿ assessment d SHINE, (xrt by th8 Centre for Effedi¥e The ra hr SHINE 0￿?11, and In . (Ar o¥Yl q￿ af r￿ab￿)￿lI TAilh wteel. The qualty olSHINE's fU￿re. SHINE" and

SHINE: Supp￿ and Help IN Education Fortho •nd•d 31 Augmt2023 continuiw ¥er￿Ce as Tru¥tee. syrnfi￿nt ex1￿ tolhe Bc•rd ) to wed pa88Kx) ky SHINE'8 In 20Y2, SHINE hal ranal £15.4 Thi11(￿, or83% of1￿ lryttK￿1. 8yth 2023. w2 h1 r1 £23 mllion. putry UB at Th of tayeL to SHINE. and tw we YA We Arn pr￿1 SHINE rem•iw to its t> de8 all {81￿ crftt In SerAember 2022 SHINE hekj 8 $888kJn SHINE4JrKled the fff•t them urKlerntarKI 8t￿{ SHINE. orants staff to vMt •KI %e SHINE.1￿￿e0 adxjn. In •JthIK￿. agreed to tu￿"nue The e¥nt was Iwkl in Nth￿ath, uxwlKlaliffj SHINES I￿lkI￿ wegence in the N¢yh East regtL¥).

SHINE: Support and Help IN Ethcallon ha￿ enabled SHINE to make IwJr kThbt ￿ Ihan betse. di8advanag&l parts of the N(Yth. •e that in a ￿￿1￿'r0 rfimats for fu￿16. SHINE has been atle ks to Ixth ts in(x)me and expermlrtwe to wl Ki the ￿l￿atK Netin¥eslmentgaTh ts yearv4we £350.189. SHINE balwKd to ts inbEstm xtfi)f￿ arKI tru8lee5 are $alL8fi￿ thal SHINES Inbr8trn￿ clxrfinue to I￿￿￿M EII rdabve to tt pwfcrnrKe of SHINES iiNknnts w Ihe pAsi 12 (x)nlknue to mcmllor geneffjusly si4¥￿ted SHINE kn Ihe la¥t >wr <)Jr 8peixa tharkn ta ts fL41￿g parlner8 and In ldilion. SHINE ts gateful to ts ste￿ F(wdakn too).fiJnd a n SUffi￿nI leNEls oflwiuhjty rnarrta￿d the

SHINE: Supp￿ and Help IN Educalion Intunal Fraud (theft ( nNs4YryHIM￿ offwd8) IlarinteNa3 unable to ddibv impact Jth orvJna p315 aryped wryth SHINE irNestments cl £8.7￿,483 I20￿. £5.777.697). the cory￿$e the ex￿da￿e Hlst(KThly. SHINE8 mi81 athM'nI8trats￿. and 8taff crnts fiAI by yw, SHINE ￿1￿1 be c￿￿11￿1110 a of rt8 fmwKAal ryKxlel to ensu￿ Ihat SHINE Into SHINE enblie# and baged in thg N(xlh. Netfunds rethKed ty£511.￿ wMJyyJa1£5.859.￿ ttmToedilh£6.371.385 at31 Awst

SHINE: Support aNI Help IN E￿Cth tf Tequired. On a foliro ￿e-￿ar basi8. il 18 htention i)f the trustees to hcld am n￿leS committed to prolects, net of related cTrlunding cuwnrtments, Ihe subsequent 12 month¥ In 'sale'. I￿￿1￿ mterest bean bart deFosts, sh)rt dated g1￿-e&aed C￿ rxvpcyate Se￿41￿￿. CY In frJnds vtho invest in suth strategies. Ih a matity 1K￿le reasona1￿ matc*d to the di5bLKsemert SC￿d￿le. The tsget assel allocabc ft>r SHINE'S in￿1Th￿nts 18 as folhy•rn". Cash and eqthlalents Cutrenl income I hed￿ lund# Equrty rela￿ &15% 1&45% 40-75% SHINE 8 values-led aprrnth to furntraww We th) ncl ulrfi8e extemal o)ntradorn for PLANS FOR FIMJRE PEIIII ReNiav SHINE'S ftth staf￿r0 arK1 (wab'ng rFKthI in IW of Ihe swifKxnt expans￿ in the lyeadth arKI we (rf SHINE xli ContiNe to twikl ts ebidm base ts SHINE.futMled inibatsvej to (XXTwnbJl(rt

SHINE: Support and Help IN Educalion SHINE Is a re￿stered (wity (rn1.1082777) aTrY a clxnp￿ linited lyl ￿￿tee (no. 4053S)9) and 18 Exeorti¥e, at the fr￿k￿r¥j ￿ w￿4￿jed. an irbftThth alxx SHINE.. o)pw of Boord of TnMtee8 fd led ty tr ChTvt￿ 18 ele(J to S4rntra lThn cltrwee ￿ irribly The keep8 It up to dale 80 that il remain6 relevant to Il w(Yk d SHlhlE axl Ihe V•th"n wluth the Flnance arKI In￿trT￿rt aL•ler. the Gr•rt-mmg duster ar¥J Ihe Furyknsing a￿thr. These groupj finanoal strwts tkq¥e been rryyred in alr(fdan￿ ¥*h the poka'es set (xrt in n(e 1 The tnthes (VI￿ a￿ al>J the direct(X5 SHINE.. and Help IN Ed￿al￿ fry

SHINE: Supwxt and Help IN Educallon iryewlaiiiiu. 2ff24. 19 10

FI￿ncilI Rewrtirystarth 4ykthinthE WKIReputthoflrel•rbJ (Ui¥W P£ewM6wPrtttke% Athforoplnl) toouraLklltoltho ffflandal kntho UK il￿￿￿￿theFR￿sEth￿4ls1￿rtWWlT￿e fiJNlkdyThothwethiGII approwlaieto wovldoa bakouropknkn. th&r•FwL rxrt¥i5téed iryu5.or li

SHINE: SUPPORTMID EtIKAllfAI

stst¥ioryAudltor 3365 ThePen* Thory>e Pwk 82B 0th: 2(Pl Mwth 2024

SHINE: Supp(xt and Help IN Educaion Slalarwt of Flial￿al ￿b￿thes 20TJ IrA 486.￿1 3.316.938 3.783,845 878.872 4e6.W7 3.376.938 3.783.845 878.872 RaNng ftvvjs 172,1ra) 4.473,710 172,1)Xl 4.473.710 15&.962 757.442 4.845. 4,645,Th 917,404 3S).189 3S).18P 1249.923) 4fjo.9￿ (1.328.rn) 3￿1,189 (S11,￿) (288,455) I466.￿7> 1.328.7V2 (881.885) (511,W <511.W (288,455) 6,371W5 6.371.W 8,659.840 s.859,￿ 5.859,689 6.371.385 14

SHINE: s￿port and Help IN Educallon As ai 31 W 2(TXJ IrA N(e TanL•kAe a88ets IrNestrnents 5,817 S.817 5.ffi3 .794 &819M9 Q756.483 5,T17.￿7 912,611 4819fft9 8,76%￿ 5,783.380 10 3.r28 40.(X#) 3.786.￿ 2.247.383 Cash at bank and in hand 426.879 428.879 846.099 4.155.4&1 40.(XYJ 4.195.439 3.093.482 vthn one ￿er 11 2.435.102) P.4¥102) (1.954.418) 1.T20J37 40.0￿ 1.780.337 1.139. 2.￿2.948 5.W.089 8.S22,637 6.922,424 Crethtor8". Am￿nIS due after 11 .8￿.948> 12.e62.948) (s51.￿) 5.859.689 5.859,689 6,371.385 Undewated 12 12 5.842,W S.842.988 8￿66.845 16.721 16.721 un￿￿"¢￿￿ fuThJs 12 5.859,889 S.859.￿ 6.371.385 15

SHINE: Support aml Help IN Educallon Year ￿KIed 31 Awt 2023 1288.455) (￿,189) (1.441.177) 2.592.593 249.923 990.775 (1.247.526) 212,924 92.8(J)> 211924 (2V2,8(W)) 1.793.873 (3,547) 382.057 (1,454) (2.422,470) 1245,122) (632.144) 168,7 (419220) (1Z3.810) 31 W 2￿23 426.879 426.879 16

SHINE: s￿￿t and H￿p IN Educa15on Year ended 31 2023 UK and 1rd￿d {FRS 102). I￿rthe8 S(%Tr FRS 102. Ihe FinaThial Rwwig StsTh1*d ar￿￿ble In Ihe UK and RepulAic ollrelarKI (FRS 11Y21 •wJ e fulty met or the fuifimenl of IlThe is wlhm the contrd dwty aThJ it is probHtle that be luirtsi. 17

SHINE: Support arnl Help IN Ethcatlon y￿￿KIed 31 AU￿%1 20fJ 18

SHINE: SuPp￿t and Help IN Educatlon Rewt and Finarnxal Stalem Year ended 31 W20Z3 etary assets arKI liaNIElles den0lThna￿ in cwrwKXts are tranated krto erflro at Net expe￿Illu￿18 *ated aller 9,780 466.￿7 1316938 1783.845 827, 51.776 466,￿1 1316.938 3.783.845 878.8T2 19

SHINE: Supp¢xt arml Help IN Education RepJt and Fir￿￿￿al ste1￿ Year 31 AW 2023 E¥en¢htu R•lHlng funds 142.thj 5,609 148.289 145.426 9232 23.731 14.536 157.179 14.841 172.020 159,962 Grants 4.127281 4.127281 10).effi 310.831 13.849 35. 460.928 273.562 22.952 210.164 231.913 4.127281 114,516 4.473,71Q 757,442 389,IW 4.127281 129.35T 4.645.TJO 917. 2,475.293 3.717,886 4.640.593 624.624 (513.312) 1163,6S6) (1,533.586> (1.703.521) Nthv ryants awd tkn'ng ts ye 5,(W.988 2.475.293 falkng due TAilhn c*)e > 2.4LM.040 1924254 2.W948 551.039 5.IW.988 2.475,293

SHINE: Supplxt and Help IN Educatk>n 19.7S) 41.e67 3.422 Ad Astra 65.6(Kl Amy H(w Lined 249.222 Tntst Amy How Limtrted 40.7￿tr 97.785 B•ft￿t Tru 750 23,IXX) 79) D8ne Bank Primwy s¢*￿ Educal#)nal Diver8ty F•rfield Hith s￿￿￿1 Ghts 26. 40.772 13.￿ 22,118 Cra¥em College North East Lthvning TDA to SLMxeed 3,%5215 Eatsfy¥a￿ C(Thw•ty ￿1Th￿y s(1¥￿1 7SJ 7￿1 45.79) 750 26.29) The Sty FW Tmrty Colepe TVED Vctabulous Ltd 1.7x1 Pafk HI￿ SdxKI 1￿,(￿ Luminate Edu￿1￿￿ Grtyjp 40.39) NEAT 7SI 42.280 57.6 624.824 Under8pend8 (513,312) (163.6￿) 4.127281 460,928 21

SHINE: 5upwt and Help IN Educaoon Year ended 31 W 2023 335.870 ￿17.119 36,151 17.071 16,SY2 .a92 356,651 l)er Number £80,001 . £70.cw (wdla) S)5 (rf Ihe Taxes kt 1988 cf SedxY* 256 thl the Tax41(￿ (xf Ch8rFable Goins Pd 19Y2 k> Ihe

SHINE: Support arnl Help IN Ethcallon ReFKXt aThl Fwla￿l stat￿ Y￿r ended 31 Awt 21rrJ 753.8T2 125.lYJ) 878,8T2 753.8T2 125.IXX> S18.8r2 Raigiry funds 159. 7SI.442 159,962 757.442 917.404 917.404 (249.W23) 1249.9ZJ) 753.8n (T92.404) (249.923) (288.455) IT&3.872 137217 018,655 (655.187) 3e6.T32 (288.455) 6&5.187 6.1))4.653 6.659.840 6.371.385 6.371.385

SHINE: Support and Help IN Educatlon Year axled 31 Awt 20Z3 TaryJit48 a88ets 28,319 3,547 28.319 3.517 At 31 W 20Z3 31.8 31.886 At 1 SeplAmber 2022 22.656 22.856 3,393 At 31 Awl 2023 26,049 28.049 At 31 A(yt 211ZJ 5.817 5,817 At31 W2022 24

SHINE: Sw)port and Help IN Educath)n Y￿r er￿ 31 Awt 20Z3 lth)nwcl￿I Ewty Ful￿ (Irekndl BIKlge8 CAirrnwiity (BCD)VenI￿E FwKI IM (ix) 1.570.111 1.￿. 118.468 116.083 1,402,246 1,312,137 CF RulknTrAab Reknn Fu￿1 (UK) v￿ (J(Jal F¢•)Js Fund C Ilrpl¥KI) 1,434,232 1,377,￿ s424￿0 5,137,r 640.831 (UK) kLXUrt IUKI 1245.597 6.7￿,483 5,7T7.897 5,7T7.eB7 6,197.864 2.422.470 245.121 (1.793.873) (415,3851 3￿*.189 (249,9231 Purch8•ed dunw S8le8 1 rnal8ab.cffisd￿rwj y 6.756.483 5.777.897 4.758.554 4.103.946 1.996.929 1.6n.751 9%.PJ4 5.819.689 5.7T7.697 6,756,4183 5,7n,697

SHINE: Support and Help IN Educallon rdw8e8 we wrised at ts date 0ftr￿e at cxt (trwt is 1h8irtransaL.￿ value). i18trnerrt poliry ItHt proMde5 fry a degree ofdNerSrfKa1k￿ hd('TrJ8 *thin wbve8kn￿rt 2022 3,577,228 2.244,591 174.980 347 16A48 1445 In8.580 2247.383 £1.947,W) aTht on• £2.137.T36 (Z122'. £XXI.(KKI)

SHINE: Support and Help IN Educalion 2.821 1.995 2.￿.040 1.924.254 7,581 3.107 15,553 Grant cunmthnts one > 17.11XI 2.435.102 1.954.418 2.W.948 $51,0 ftthire. Baar Bolan 31 A￿l￿1 . Unde￿￿￿ 6.380￿5 ,189 (874,IK6}5,842.968 12,181 18.n1 3,316.938 (4.645.Th) 486.￿7 1.328.792 I466.￿7) 6.371385 3.783,845 (4,645.TJO) 3￿.185 . 5.859.689 Duri￿ the cr• Iwav￿£ll82g1 c￿. £35).IY))) m dcrntKrn from1ruskn and £5.462{2￿￿.. £831).