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 BTrJ*n
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 tt*8e prruammes. SHINE 18 (xy￿1t1ed tomxkwy in are88
In reviewng our+Swrtth ¢*p¢b¥es and ￿anning LW theln*kes ofSHINE taken into
ethXati￿￿I ￿lu•l￿e8 in the N(rti.
Ihat SHINE 18 e8t*liknJ ￿ 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¥L*efryi88uesw￿￿ 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¥Y*l 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 h*1 r**1
£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 IwJ*r kThbt ￿ Ihan betse.
di8advan*ag&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 balwK*d 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.￿ ttmToed*ilh£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* Ch*Tv*t￿ 18 ele(*J to S4rntra lThn cltrwee ￿ irrib*ly 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-m*mg duster ar¥J Ihe Furyknsing a￿thr. These groupj
finanoal st*rwts 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 fiJNlkd*yThothwethiGII
approwlaieto wovldoa ba*k*ouropknkn.
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
Unde*wated
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 tran*ated 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 st*e1￿
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 aw*d 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 Lin*ed
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 cx*t (trwt is 1h8irtransaL*.￿ value).
i1*8trnerrt 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).