DocusÉon Envelope ID, 62EOFE63-BFE5425049CD-056B5D3D68EE Registerèd number: 04220563 Charity number.. 1091628 Communlty Foundation for Stoftord5hire ond Shropshire (formerly known as The Communiiy Foundatlon for Stoffordshlre) Trustees, Report and Finonciol Stotements For the Year Ended 31 March 2024 INS AUDIT
Docvslgn Envelope ID.. 62EOFE6&BFE5425049CD.056B5D3D68EE Community Foundation for Staffordshire and Shrop5hire (formerly known as The Community Foundation for Staffordshire) {A Company Limited by Guorontee) Contents Page Reference ond Administrative Details of the Company. its Trustees and Advisers Trustees, Report Trustees, Responsibilitie$ Statement 10 Independent Auditors, Report on the Financial Statements Stotement of Finonciol Activities 16 Bolonce Sheet 17 Statement of Cosh Flows 18 Notes to the Financial Statements 19-59
Docusign Envelopè10.. 62EOFE6>BFE5425N9CD-05685D3D68EE Community Foundation for Staffordshire ond Shropshire (formerly known as The Communlty Foundation for Staffordshire) (A Compony Llmited by Guarantee) Reference and Administrative Oetolls of the Compang. its Trustees ond Advlsers For the Year Ended 31 Morch 2024 Trustees Mr A Brovgh, Choir (from 8 November 2023) Mr R Lewis. Choir (resigned 8 November 2023) Mr J Andrew, Vice Cholr (resigned 8 November 2023) Mr S Price, Vice Chcilr Mrs C Almond, Vlce Choir (from 8 November 2023) MrT Wulsh Mrs J Scott-moncrieff Mr J Lef roy. Treosvrer Mr A Durose Mr C 8agOt Jewitt Hrs S Fikeis (oppointed 30 April 2024) Nr A Holden (oppolnled 30 April 2024) Nr A Jones (oppointed 30 April 2024) Nrs R Mccourt (oppointed SO April 2024) Company registered number 04220565 Charity registered number 1091628 Reglstered office Philonthrophy House Priestly Court Stoffordshlre Technology Pork Stofford Stoffordsh1re STI8 OLQ Company secretary Nr A Lewis (until 8 November 2023) Chief executlve officer Mr S Adams Independent audttors Dains Audit Lirnited Suite 2, Alblon House 2 Etrurio Office Villoge Forge Lone Stoke on Trent Stoffordshire STI 5RQ Page 1
Do¢uslgn Envelope ID-. 62EOFE63-BFEs42589eD-0s6SSD3De8EE Community Foundotlon for Stoffordshire and Shropshlre (formerly known as The Community Foundation for Staffordshire) (A Compony Limited by Guarontee) Trvstees, Report For the Year Ended 31 March 2024 The Trvstees present their annual report together with the oudited f inonciol statements of the Compony for the year 1 April 2023 to 51 Morch 2024. The Annval Report serves the purposes of both o Trustees, report ond o directors, report under company low. The Trustees confirm thot the Annual Fleport ond financiol slotements of the choritable company comply with the current stotulory requirements. the requirements of the choritable compony's governing csocvmenl ond the provisions of the Stotement of Recommended Proctice (SORP) opplicable to chorities preporing their occounts In occordonce with the Finonc5al Reporlbng Stondord applicable in the UK ond Republic of Ireland (FRS102) (effective 1 Jonuary 2019). Since the Company quolifies as 5moll under section 582 Df the Componies Act 2006. the Strotegic Report requlred of medium and large componies under the Componie5 Act 2006 (Stralegic Report and Directors, Report) Regulations 2073 hos been omltted. Objectives and activities o. Polities ond objectlves Objects <7nd (7ims The compony's objectives ore the promotion of ony charitoble purpose for the benefit of the communlty or ony port thereof in the Covnlies of Staffordshire ond Shropshire. the wider West Midlands region ond the surrounding oreas. For the purposes of the Commvnity Foundation, Stolfordshire refers to the geographicol areo covered by the ceremonlol countu of Sioffordshire, which includes the locol authorities of Staffordshire County Council and Stoke-on-Trent City Council. Shropshire refers lo the ceremoniol county of Shropshire. which includes the locol oulhorities of Shropshlre Cauncil ond Telford ond Wrekin Council. Objectives. slrolegies, and activities To promote the formotion of endowment funds to focililate grant-givlng for the benefit of the community in Stoffordshire. Shropshire, the wider Wesl Midlonds region ond the Surrounding areas. To help private sector organisotion5 in Staffordshire. Shropshire, the wider West Midlonds region and the surrounding oreos to Increase their support for the voluntary, community ond sociol enterprise (VCSE) sector in o cost effective and efficient way. To distribute grants for the benefit of charlties, community ond voluntary groups and sociDI enterprises throughout Stoffordshire, Shropshire, the wlder West Midlonds region, ond the surrounding are05. on behalf of government. statutory bodies, ond notionol chorities. Ta create and foster strong relotionsh.ips between the public. prlvole ond voluntory Sector. ovality Aecreditation We ore pleosed to mointain our quolity occreditotion system5 ond membership of representotlve bodie5. These systems are monaged by outside orgonisations, ond assess all ospects of our governonce. strotegy, operolional procedures ond principles. They ore a wtsy we con test ovrselves, identify areu5 tor continuous improvement. ond monitor the impc)ct thot our work is having. These systems ore 0150 0 way of providing o5suronce to our existing Dnd prospective partners. donors, fvnd-holders, ond service users thot we ore oble to deliver o high quolity. ethical service. Page 2
Do¢usign Envelope ID.. 62EOFE63-BFE54250.89cL)-056BSD3D68EE Community Foundation for Staffordshlre and Shropshlre (formerly known as The Community FoLsndation for Staffordshire) {A Company Llmlted by GL*orontee) Trvstees. Report (continued) For the Year Ended 31 March 2024 Objective5 Qnd actlvlties (eontlnued) We hove ihree ouolity accreditotion marks.. Accredltotlon from ovr notional membership body. UKCF. whlch ensure5 that all registered. recognlsed on(i occredlted communitu foundations operate to similar recoonised standards which con provide assuronce to partners. stokeholders ond fvnders Accreditollon from the British Assessment Bureau to International Stondords Orgonisalion defined principles. (1509001). We are o founder member of the Good Buslness Charter , who recognise. champion and encovroge responsible business behoviour for the beneflt of people ond planet. We ore the only accredited community foundation working in Staffordshlre & Shropshire. In oddition to the three quolily occi-editation morks, we csre members of severol professionol bodies which ore designed lo promoie ond provide ossuronce as to ovr working practices ond procedures. These include". The Living Woge Foundation. os o Living Wage occredited employer, meonino that we all of our stotf ond controctors at a rate thot meets or exceeds the Livlng Woge. as set by the Living Woge Foundotion Livlng Wage Fovndotion os a Living Wuge Funder. This meons that when people c)pply to us for f unding for staff posts. we will olwoys Pay ot o rate thol meets the Living Woge os recommended by the Livlng Wage Foundotion. We ore members of the Fundraising Regulator as o lorge charity poylng the Fundrolsing Levy We also svbscribe lo ond follow the Fundroiging Code of Practice. Institute for Voluntary Action Reseorch (IVAR), who work with chorities, foundotion5 and public ogencies to strengthen communities across the UK through action research. We are member5 QS port of our commitment to their Open and Trusting Grant-moking funders pledge. NCVO. the Notional Council for Voluntary Organisations, the UK wide representotive 05sociation for charlties and the voluntary sector Our Chief Executive is o member of ACEVO (Assoclutlon of Chief Executives of Vo1unttsry Orgc>nisotions), which is o membership orgonisotion that svpports ond insplres civil society leoders Publicbenefit The Community Foundatlon for Stoffoi-dshire ond Shropshire'5 Endowmenl portfolio hos developed despite the morket pressures of this year ond now slond5 Ot more thon £Bm. The Community Founololion for Stafford5hire and Shropshlre hos Successfully operated grant distribution controcts on behulf of the Deportment for Culture, Medla and Sport. Stoffordshire Courity Council, Stoke-on-Trent City Council. Lichfield Di51ricl Council. Stafford Borough Council. Tomworth Borough Councll. Midlands Porinership Foundation Trust. North Stoffordshire Combined Heolthcare Trust, and ihe Office of the Staffordshire Commissioner, (for Police. Fire & Crlme). amongst others. To dale over £20 million hos been distributed to Chorities ond Communlty Groups. Through consolidation the Communlty Foundotion now monoges 44 individvol Endowment Funds on beholf of donors. The Communlty Foundation directly monages 18 ploce-bosed funds. 71 are for ihe benefit of Stoffordshlre. with one for the county as u whole, one for the city of Stoke-on-Trent ond one for each borough or district. (with the exception ot East Stoffordshire. which hos a specific fund for Uttoxeler ond the surrounding oreo, ond (I sepurote fund for Burton-upon-Trent and the surrounding oreo). There ore 7 fund5 for the benef It of Shropshire". Bridgnorth. Poge 3
Docuslgn Envelope ID-. 62EOFE63-BFE54251>89CD-056B5D3D68EE Commvnlty Foundotion ftsr Staffordshire and Shropshire (formerly knL)wn os The Community Fovndation tor Staffordshlre) (A Company Limited by Guorontee) Trustees, Report (contlnued) For the Year Ended 31 March 2024 Objectives and octivities (continued) North Shrop5hire, Oswestry, South Shropshire. Shrew5bury. Telford & Wrekin, and Whltchurch, The Community Foundotion has adopted o Disaster Monogement Plan which allows us lo launch emergency funds lo roise money from the public to help olleviote the effects of crlses ond disosters. Throughout the yeor three f unds were in opertstion the Ukrolnion Refugees Appeol, the Surviving Winter Appeol. ond the Cost-of-Living Crisis Appeol I he Best Kept Villoge & Communlty Competition continues to run with o focus on community involvement. community cohesiDn ond community development, ond from 2024 will also run in Sh.ropshire os well os Stoff ordshire. The trustees conf irm Ihol they hove complied with the requirements of section 4 of the Charlties Act 2011 to hove due regord lo the public beneft guidonce published by the Chority Commission for Englond and Wales. b. Grant.moking pollcles The bosic criterion thut applies to oll open gronts progrommes is thot the grovps must be based in Staffordshire. Shropshire, or another oi.eo of benefit os ollowed by the orlicles of ossociotion. or where opplicoble lo o specific fund. in smoller oreo within the county. Exceptions lo this moy apply where o grant scheme is t¢rgeted to a general geogr¢)phicol oreo. primorily In Staffordshire or Shropshii"e but which may take in areo8 In nelghbouring counties. Unless otherwlse stoted. all funding streoms ore open to 'not-for-profil' org(Jni50tions. The potential recipient doÈs not need to be o registered charily to applu tor funds. if li has choritable o',ms and has a slrvclure In ploce lo show that it is properly run. Appropriote due diligence Is always conducted before cjny grant Is Issued. In order to ensure thol the grants awarded ore being used effectively, all granl recipients are required to submit a monitoring ond evaluotion form once the gronl hos been spent. Further applicotions tor funding will not be occepled until the report has been retb'rned in o salisfuctoru and occeptoble condition In cases where gronts are poid quarterly, the subsequent instalment of any grant will no+ be poid until the quorterly monitoring form has been returned. Poge 4
Docusign Envelope ID.. 62EOFE63-BFE54250-89cD-056B5D3D68EE Community Foundotion for Stoffordshire and Shropshire (formerly known os The Community Foundation for Slaf fordshire) (A Company Limited by Gvarantee) Trustees. Report (continved) For the Year Ended 31 March 2024 A¢hiev¢ments and performance o. Maln achlevements of the Company The Community Foundation for Stafford5hire wos first eslab115hed in 2001 ond began operoling ocross Stoke-on-Trent in 2008. In 2009 ihe geogrophicol areo of benefit wos expanded to cover the county of Stafford5hire. Following the closure of the Shropshire ond Telford Communily Foundation 2013. we expanded to cover the covntg of Shropshire in 2015. In Shropshire we used the operoting nome Commvnity Foundotion for Shropshire. At the AGM in November 2025. it was agreed to formolly chonge the name of the compony and chority to Community Foundotion for Staffordshire ond Shropshire, and to use this new nome ocross both counties. Usuollu. the charity is referred to os the Communitu Foundotlon. We continue to grow, exceeding pre-set targetg thot werè Included in the charity s Business Development Plan 2020 2023 ond our Fund Development Plon. Following the covid-19 pondemic. ond subsequent lockdowns, we revised down our growth forec05t. However, growth exceedèd those targets ond continues to outperform originolly set torget5. Dve to morkel volotility, there wos some f luctuation in fund values throu9hout the yeor, but by year end, f und value5 were increosing again. Due to increased grant giving ond new endowment5. expee(otions were surpossed. During the year new endowment funds were secured totolling over £lm. New Ilowthrough schemes. used for immediate grant giving, were secured which totolled more than £4m. Our work ocross Shropshire was further solidified. and we won three new conlrocts for gront delivery in the county in the 2024 colendor year, as well os gaining ts new endowment. A competitor organisotion In Shropshlre emerged, ond we spent some time trying to bring the two orgonisotlon5 together. This was not possible, ond the board of Irv5tees took the decision thot as the legitimote. registered and notionally f ecognised community foundotion for Shropshire we should continue our work bringlng benefit to communities ocross Shropshire & Telford and Wrekin.. Financial review The Stotement of Financial Activities for the ueor is sel ovt on pa9e 16 of the finonclal statements. A summary of the finonciol result5 is sel out below. Income received comprised donations, monagement fees ond endowmeni funds of £2.705,362 (2025.. £5.67B.400). Detoils of grants paid out are disclosed in Note 8. Other expenolitvre was Pfincipolly the cost of promoting our services. odministrotion of the grant giving process, and governance costs. Poge 5
Docusign EnvelDpe10'. 62EOFE63-BFE54250-69CD-OSS85D3D68EE Community Foundation for Staffordshire and Shropshlre (formerly known as The Community Foundatlon for Staffordshire) (A Company Llmlted by Guarantee) Trustees. Report (continved) For the Year Ended 31 Morch 2024 a. Reserves policy We oim to cover the running costs of the chorily. (including bosic operoting costs and more advonced ond client facing activities), through doy-lo-day business ocliK'ity, including the distribution o gronts for which o conlributlon to costs may be mode by the lunder, and through the contribution lo costs we receive from our fundholders As o charity and o non-profit moking compony we do not oim lo moke o profit, but 0 Surplus moy occur when income exceeds expenditure. The boord recognise5 the need to grow endowment levels to a criticol moss to provide o sustolnable source of f uture income. which Is one not offected by new contracts and funding cycles. An endowment f und value of £7.8rn would be enough lo cover our running costs ot current levels, ond the current endowment fund toial is just short of this. The board olso recognises thot ther? is a need lo ensure that, should income levels not be sufficient to cover running costs, there Is o plan in ploce lo en5vre our continued operotion In the short-term. to allow vs a chonce to recover ond grow. To address this concern. we hove developed the following reserves policy. Unrestricted re5erve5 moy be used for ony purpose thot the charity sees fil. ond this offects the level of reserves Ihot we oim to maintoin. Certoin items of income moy not contribute to vnrestricted reserves. as they ore olreody ollocoted for expenditure in odvonce. For the purposes of this pollcy expendable endowments will not be included In reserves. ollhough they may ofer flexibility with regords to plonned expenditure. In additlon to these reserve5. we hove estoblished our own endowment fund. which is set up to cover development costs which moy not be covered by ordinory income. For the pvrposes of this policy the board hove Sel o level of £270.000 to be held in unrestricted reserves. whlch will be the equivolent of 9 months. rijnning costs ol current leve15. The reserves policy stotes 9 months. with o toleronce of 3 months either woy. meaning reserves held will be the eqvivolent of between 6- and 12-monlhs running costs. This level will give the Foundotion tlme to find olternative funding sovrce5 should there be o significant drop in Income level5. b. Material investments policy We invegt following Chority Commission guidelines. As part of thot strategy. we hove odopted an ethicol investment policy encompossing chonging community attitudes. During the yeor we continued to employ Brewin Dolphin and CCLA os our investment monagers ond ore custodion of a held fund which is invested with Morlborough. Every three yeors. occording to ovr internol policies ond procedures. we consider our investment strotegy ond the suitobility of our investment monogers. A review ond 'beuuly porode, took place in Februjru 2023, with o decision to change Investment managers from April 2024. As port of the regular review into the investment portfolio. a decision wos token to diversify our investments. ond to increase the level of social impoct during the investment process. Whilst we olreody hold investments in commerciol property. we wonted thai property to be bosed locolly, so thot we can hove a more direct and positive impocl on our Iocc51 conimunitu. All decislons token are In line with ihe governing document. and further discussions continue to toke place to exomine how best to bolarnce finonciol ond sociol return, while protecting the Investment valve. We now own a building in Stafford which Is let ol preferentiol ralÈs to locol chorities, sociol enterprise5. ond community groups. The income generated is use(J to facilitate f urther gront givlng. Poge 6
Doclfsign Envelope ID: 62EOFE63.BFE54250-89CD-056B5D3D68EE Commvnity Foundution for Stofford5hire ond Shropshire (formerly known as The Community Foundation for Stafford5hire) (A Compony Limited bu Gvarantee) Trustees. Report (continved) For the Yeor Ended 31 March 2024 c. Principal rlsks ond un¢&rtolnties Over the lost 12 months there hove been some signif Icont Income 51reams provided by locol Olrthorltles, which were in lurn f unded by government. U5uolly, we aim to ensure thot the mojorily of our income con be clossed os sustoinoble income. thot being os o resvlt of endowment or chorgeable services. In the 2023/24 finonclal year the bolonce wa5 more equol, being 40Qkn os a result of flowthrough fundino. Whilst this 15 a monogeable figure. and whilst we will continue to manoge these streoms. we hove dedicated extro resources to our business development team. ond revised and updoted our Busines5 Development Plon, to ensure that sustoinoble growth con be the focus in the future. These risks ore kept under regular review in order to provlde early mitigotion and action if r)eeded. The formol Risk Assessment provides details of the actions needed lo mitigole ihe5e risks. along with o list of f urther mitigation that we need to toke. With o growth in prSvotely held endowment there is a need to expand the business services we offer in order to provide a f uller service to donors, os well as to look ryt complimentory service5. Thls musl be corefully balanced wlth sustainoble income ond resources to ensure there is no retroclion of services. d. Trustees Al the AGM In November 2023 our choir. Roger Lewis. ond one of our vice-chairs, Jonothon Andrew. retired Both decisions hod been long-plonned and 50 we hud accounted for the chonges needed. Ashley Brough wos elected choir from November 2023. with Chorlotte Almond being elected o vlce-chair. Simon Price had been one of the vice-chairs since 2019 ond was re-elected. An op&n recruitment round for trustees wos held In December 2023 ond Jonuory 2024. This rÈcruitment round oimed to reploce the two trustees thot hod retired ond add new Irustees from Shropshlre to ensure there was representotion from a51 oreos covered by our work. We were successful In recrviling four new trustees. olthgugh they were not formolly appointed until Aprll 2024. Structure. governance and monagement o. Constitution Communily Foundolion for Staffordshire ond Shropshire (formerly known os The Community Foundation for Stoffordshire) is registered os o choritable compony limited by guorantee. incorporoted on 21 May 2001 ond reglstered as o charity on 16 April 2002. The compony wos esloblished under o Memorandum of Association. In the event of the company being wound up. eoch member is required lo contf ibute un amount not e><ceeding £10. The directors of the compony are also charity trustees for the purposes of charity law. Page 7
Do¢usign Envelope ID-. 62E0FE6>BFE2SQ-8gcD-0s8B5D3D68EE Community Foundation for Staffordshire und Shropshire (fomièrly known as Thé Communlty Foundotlon for Stoffardshire) (A Compony Llmited by Gvarantee) Trustees, Report {contlnued) For the Year Ended 31 March 2024 (continued) b. Recruitment and oppointment or election of Trustees There are no trustees due to retire at the forthcoming Annuol Generol Meeting Individuols who will stand for f ull election cst the next Annuol General Meeting are.. Mrs S Fikeis Mr A Holden Mr A Jones Mrs R Mccourt The Board canstontly keeps its skill requirements under review. c. Policies adopted for the induction and training of Trvstees New trustees ore given on oppropriote induction by the Choir ond Chief Executive Includlng o brieflng on trustee responsibilities. on outline of the key objectives ond ethos of the Community Foundotion for Stofford5hire ond Shropshire,. background Informolion on community foundolions in general and a full briefing on the Community Foundotion's finonciol sl<Jnding and responsibilities. Tfu5tees are provided wilh o digitol copy of all policies relating to the trijstees ond their responsibilities. The trustees meet four times o yeor os a full botsrd to discuss strotegy. review progress on funding ond Identify opportunities for the orgonisotion. They olso meet twlce a yeor for strategic plonning workshops. Trustees also form four sub-committees with differing responsibillties which meet o minimum of four times per yeor. The Commvnitg Foundation is also proud lo be toking port in the 'UK Boardroom Apprentice, progromme os o host board. Boordroom Apprentice wos originollu lounched in Northern Irelond in 2017. ond ran for the first Ilme across Englond. Woles & Scotland In 2Q23. It is supported by the Deportment for Levellino Up, Housing & Communities. 11 is O Iwelve-monih leorning. development. and placement programme. which enables those people who Would like to serve on a public or third sector board the opportunity to leorn ond gain experience in o safe way before they take the step of joining one. It seeks to enable o wider diversity of individuals to ploy their part in our boardrooms, The overorching aim of Boordroom Apprentice Is 'to move the boord member role from aspircrtion to reolity.. d. Arrongements for settlng key monagement personnel remvnerotlon The responsibility for the setting of the Chief Executive's remunerotion rests with the Chair ond the Board of trvstees. Remunerotion for other key manogement personnel is set by the Chief Executive ond formally opproved by the Board of trustees. Disclosure of information to avditors Each trustee hos token steps ihot they ought to hove taken as a trustee to moke themselves oware of any relevant oudit inf ormotion ond to estoblish thot the Chority's ovditor is owore of thot informotion. The trustees confirm thot there is no relevant information thot they know of ond of which they know the ouditor is vnowore. Poge 8
Docusign Envelope ID.. 62EOFE63-BFE5425(k89CQ.056BSD3D68EE Community Fovndation for Stoffordshire ond Shropshire (formerly known as The Community Foundotlon for Staffordshire) (A Company Limited by Guorontee) Trustees, Report (continved) For the Yeor Ended 31 March 2024 Approved bu order of the members of ihe boord of Trustees and signed on their behalf by.. DD¢uSi¥Ded by.. Docu54n•d br. JEREhY LEFROV AF8FOE OE7B84F5 BE9B08SDDE69453.. Mr A Brough Trustee Dote. 19 September 2024 Mr J Lefroy Trustee Poge 9
Docusign Envelope ID.. 62EOFE63-BFE54250-89CD-05685D3D68EE Communlty Fovndatlon for Staffordshlre and Shropshlre (formerly known 0$ The Commvnity Foundation for Staff ordshire) (A Compony Limited by Guarantee) Statemènt of Trustees, responslbllitles For the Year Ended 31 March 2024 The Trustees (who are olso the directors of the Componu for the purposes of compony low) ore responsible for preparing the Trustees, Report ond the finonciDI statem.ents In occordonce with opplicoble low ond United Kingdom Accovnting Standards (United Kingdom Generolly Accepted Accounting Practice). Company low requires the Trustees to prepDre f Inancitsl statements for each finonciol year. Under company low. the Trustees must not opprove the finonciol stotements unless they are sotlsfied that they give a true and foir view of the state of offoirs of the Compony ond of its incoming resources ond application of resources, Including its income and expenditure. for Ihot period. In preparing these finonciol slotements. the Trustees ore required to.. select suitable accounting policies and then opply them consistently. observe the methods ond principles of the Charities SORP (FFIS IQ2): moke judgments ond accounting e5timotes thot ore reosonable and prudent., slote whether opplicoble UK Accountlng Standcrds (FRS 102) hove been followed, subject to any moterial departure5 disclosed ond exploined in the financiol slotemenrs.. prepare the finonciol gtotemenls on the going concerri bosis unless it Is Inopproprlote to presume thot the Componu will continue In business. The Trustees are responsible for keeping odequote accounting records that ore sufficieTrl tQ show ond exploin the Company's transactions and disclose with reosonoble occurocy ot ony time the finonciol position of the Compop,y and enoble them lo ensure thot the linonciol statements comply with the Companie5 Act 2006 Theu ore olso responsible for sofeguarding the ossets of the Compony ond hence for taking reosonoble steps for the prevention ond detectian of froud ond other irregularities Approved by order of the members of the board of Trustees and signed on ils beholf by". D¢cuSline4 by.. Du¢uSpJned by.. JEREMY LEFROY AF8FOE O£?B84FS 9&9$9U5DQE69453... Mr A Brough Trustee Date.. 19 September 2024 Mr J Lefroy Trustee Poge 10
Docusign Envelope ID.. 62EOFE63-BFE54251>89CD-05685D3D68EE Community Foundation for Stoffordshire and Shropshire (formerly known as The Communlty Fovndotion for Staffordshire) (A Company Limlted by Guorantee) Independent Auditors, Report to the Members of Community Foundotton for Stoffordshire ond Shropshlre (formerly known os The Community Fovndotlon for Stoffordshire) oplnlon We have oudiled the finoncial statements of CommL*nitu Foundotion for Stoffordshire ond Shropshire (formerly known as The Communitu Foundotlon for Stoffordghlre) (the 'choritoble compony,) for the year ended 31 Morch 2024 which comprise the Stotement of Finonciol Actlvitles, the 8olonce Sheet, the Stotement of Cosh Flows ond the related notes. including o summory of significont accounting policies. The f inonciol reporting framework thol has been opplied in their preporation 15 applicable low and United Kingdom Accounting Standords. Including Finonciol Reporting Standord 102 'The Finonclol Reporting Standord oppllcable in the UK ond Repvblic of Ireland, (United Kingdom Generally Accepteé Accounting Proctice). In our opinion Ihe financiol statements.. give a true ond foir view of the state of the charitable compony's offoirs as ot 51 Morch 2024 and of its incomlng resovrces ond opplicatlon of resources. including its income and expendlture for the yeor then ended.. hove been properly prepored in occordonce with United Kingdom Generolly Accepted Accounting Practice.. and hove been prepared in occordance with the requiremerits of the Componles Act 2006. Basis for opinion We conducted our oudit In occordonce with Inlernotionol Stondords on Auditing (UK) (ISAS (UK)) ond applicoble low. Our responsibilities under those standards ore fvrther described In the Auditors, respon51bilities for the oudit of the finoncial slotements sectlon of our report. We ore independent of the charitoble compony in occordance wlth the ethical requirements that are relevont to our oudit of the finonclol stotement5 in the United Kingdom. Including the Finonclal Reportlng Council's Elhicol Stondord. ond we hove fulfllled our other ethical responsibilities in occordonce with these requirements. We believe thot the oudit evidence we hove obtoined is sufficient ond oppropriote to proviL4e o basis for our opinion. Conclusions relating to galng eoncern In ouditing the financial slotements. we have concluded that the Trvstees, use of the goin9 concern basis of accouniing in the preporotion of the finoncial stotements Is appropriate. Bosed on the work we have performed. we have not identified tsny moteriol uncertainties relotlng to events or conditions thot. Individually or collectively, mou cast significont doubt on the charitable company's obility to contlnue as a going concern for o period of al least twelve months from when the finonciol slolements ore outhorised for issue. Our responsibilities ond the responslbilities of the Truslees with respecl to going concern ore described in the relevont sections of this report. Poge 11
DDcusign Envelope ID.. 62EOFE63-8FE5425o-89c0S6BSD3Ds8EE Community Fovndotton for Staffordshire ond Shropshire (formerly known os The Community Foundation for Staff ordshire) (A Compony Limited by Guarantee) Independent Auditors, Report to the Members of Communlty Foundatlon for Stoffordshire and Shropshire (formerly known os The Community Foundotion for Staffordshire) (continued) Other informotion The other information comprises the Informotlon included in the Annuol Report other thon the finonclal statementg and our Audiiors. Report Ihereon. The Trustees are responsible for the other informotion cor)toined within the Annuol Report. Our opinion on the financial stotements does not cover the other informotion and. except 10 the exrent otherwise explicitly stated in ovr report. we do not expres5 ony forrn of assurance conclusion Ihereon. Ovr responsibility is to reod the other Information ond. In doing so. consider whether the other information is materially inconsistent with the finonciol stotements or our knowledge obtoined in the course of the oudlt. or otherwise oppeors to be moteriolly rp.isstated If we identify such moteriol inconsistencie5 or opporent maleriol m15slotements. we ore required to determine whether this gives rlse to o moterlol misstotement in the f Inonclal stotements themselves. If. based on the work we have erformed, we conclude thot there is o moterial misslotement of this other informotion. we ofe required to report thot focl. We hove nothing to report in this regord. Opinion on other matters prescrlbed by the Companles Act 2006 In our opinion. bosed on the work underloken in the course of the oudit". the infc)rmalion given in the Trustees, Report for the flnonclol yeor for which the finonciol slotements are prepared is con515tent with the finonciol statements the Trustees, Report hos been prepared in occordonce wlth opplicoble legol requirements. Matters on which we are required to report by exception In the light of our knowledge ond understonding of the chorltoble compony ond its environment obtained In the course of the oudit. we have not Identified moterial misstotemenls in the Trustees, Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2D06 reqvires us to report to you it. in our opinion.. odequote accounting records have not been kept, or returns adequate for our oudit htsve not been received from bronches not visited by us- or the finoncial statements ore not in ogreement with the occovnting records ond returns., or certoin disclosures of Trvslees, remunerotion specifsed by law ore not mode., or we hove not received all the information ond explonotions we require for our oudil." or the Trustees were not entitled to prepare the financiol stotements in accordonce with the smoll companies regime tsnd toke odvontoge of the smoll componies, exemptions in preparing the Trvstees, Report ond from the requlrement to prepore o Strotegic Report. Pooe 72
DoSIgn Envelope ID. 62EoFE6&BFE542589cU.OS6B5D3D68EE Community Foundation for Staffordshire and Shrop5hire (formerly known os The Community Fovndation for Staffordshire) (A Company Limtted by Guorantee) Independent Auditors, Report to the Members of Community Fovndatlon for Stoffordshire and Shropshire (formerly known 0$ The Community Foundation for Staffordshlre) (continued) Responsibilities of trustees As exploined more fully In the Trustee5' Responsibilities Statement, the Trustees (who are olso the dlreclors of Ihe chorltoble company for the purpose5 Of componu low) are responsible for the preporotion of the f Inanciul statements ond for being sotisfied Ihot they give o true and fair view, ond for such internal control os the Trustees determine is necessary to enoble the preparallon of finonclol slotements Ihot al'e free from materiol mlsstotemenl, whether due to f roud or error. In preparin9 the fincjnciol stolements. the Trv5tees ore responsible for ussessing the choritoble company's obiiity to continue os o going contern, disclosing, as opplicable. malters reloted to going concern ond using the goir)g concer bosis of accounting unless the Trustees either intend lo liquldote the choritable compony or to ceose operations. or hove no realistic olternotive but to do so. Auditors, responsibilities for the audit of the financiol statements Qur objectives ore to obtain reosonoble ossuronce about whether the f inanciol stotemenls os o whole ore free from moterlol misstotement. whether due to froud or error. ond to issue an Auditors, Report thot Includes our opinion. Reosonoble ossuronce is o high level of assurornce, but is nc>t o guorontee that an audit conducted In occordonce with ISAS (UK) will olwoys detect a moteriol misstolernent when it exist5. NisStotemer)Is con arlse f rom froud or error ond ore considered materiol If. individually or the oggre9ate. they could reasonably be expected to inf luence the economic decisions of vsers taken on the basis of these f inanciol slotements. Irregulurities, inc1udlng fraud, ore in51onces of non-compllonce with laws und regulotions. We design procedures Ilne with our responslbilities. outlined obove. lo detect materiol misgtotements In i-espect of irregularitles, including fraud. The extent to which our procedvre5 ore capoble of detecting Irregularlties, including froud is detalled below.. Our opproach to identifying and ossessing the risks of material misstotemenl in respect of irregularities. including frovd ond non-complionce with laws ond regulations, was os follows.. the senior stotuiory auditor ensured that the engogement leom collectively hod the oppropriote competence. copobilities (Jnd skills to identify or recognise non-compliunce with applicoble laws and regulations," we identified the I¢Jws and f egulotions opplicable to the compony through discvssions wilh directors ond other monogement, ond from our commerclol knowledge ond experience of the seclor, we focused on specific lows and regvlotions which we considered moy hove o direct material effect on the f Inanciol stotement5 or the operotions of the company, includin9 the f inancial reporting legislotion, Componies Act 2006. taxotion le9islotion, c)nti-bribery, employment. and environmÈniol and heolth ond sofety legislation". we assessed the extent of compllance wlth the laws and regulations identified obove through making enquiries of monogement ond inspectln9 legol correspondence. ond identified lows ond regulotions were communicated within the audit teom regulorly and the leom remained alert to instonces of non-compliance ihroughout the oudit. Poge IS
Docusign Envelope ID.. 62E0FE6>BFE54259cO.056BsD3D88EE Community Foundation for Staffordshire and Shropshire (formerly known as The Community Foundatlon for Staffordshlre) (A Company Limited by Gvarantee) Independent Auditors, Report to the Members of Commvnity Fovndotlon for Staffordshire and Shropshlre (formerly known as The Community Foundatlon for Stoffordshire) (continued) We ossessed the susceptibility of the compony's financial statements to moteriol misstatement, Including obtaining an understonding of how fraud might occur. by.. moking enquiries of monogement 05 to where they considered there was susceptibility to froud, thelr knowledoe of actuol. suspected and olleged fraud,. ond considering the Internol controls in ploce to mbtlgote risks of fraud and non-compliance with lows and regulolions. To address the risk ol froud Ihrovgh monagemenl bios ond override of controls, we.. performed onolyticol pi'ocedures to identify ony unusuol or unexpected relotlonshlps. tested journol entries to identify unusuol tronsoctions.. ossessed whether Judgements and o55umptions made in determining the c5ccounting estimates were indicotive of potentiol bios. ond Inve5tigDted the rotionale behind signif iconl or unusuol tran50Clions. In response to the risk of irregularities ond non-complionce with lows ond regulotions. we designed procedures which included, but were not limited to.. ogreeing finofjcial stotement disclosures to underlying supporting documentotion., reading the mlnutes of meetings of those chorged with govern(ynce,' enqL)iring of monogement os to actual ond potential litigotion ond cloims. ond reviewlng correspondence with HMRC, relevant regulotor5 and the compony'5 legol odvisors. Becouse af the inherent limitollons of on audit, there is a rlsk that we will not delect all irregularities. including those leadin9 to o moleriol misstatement in the finonciol stotements or non-complionce with regulotion. This risk increoses the more thol compliance with o low or regulation is removed from the events ond tronsoctions reflected in the financial siotements. as we will be less likely to become owore of instances of non-complionce. The risk is olso greoter regording irregularitles occurring due lo froud rather thon error. os froud involves intentionol concealment. forgery, collusion. mission or misrepresentotion A further description of our responsibilities for the audit of the firtonciol stotements is locoted on the Finonciol Reporting Council's website ot. www.fr ovditorsres onsibilities. This description forms port of our AuditOf5' Report, Poge 14
Docusign Envelope SD: 62EOFE63-BFE54250-89CN056B5D3D68EE Commvnlty Foundotion for Stoffordshire and Shropshlre {formerly known as The Communlty Foundotion f¢r Staffordshire) (A Company Limited by Gvarontee) Independent Auditors, Report to the Members of Community Foundation for Stoffordtshlre and Shropshlre (formerly known as The Community Fotsndatlon for Stuffordshire) (continved) Use of ovr report This report Is mode solely to the choritable compony's members, 05 o body, in accordance wilh Chapter 3 of Port 16 of the Companies Act 2006 Our oudit work hos been undertoken so thot we might stote to the choritoble company's members those moiters we ore required to slote to them in on Avditor5' Report and for no other pvrpose. To the fullest extent permllled by low. we do not occept or ossume respDnsibility to onyone other thon the choritable company ond its members. os o body. for our oudit work. f or thls report. or for the opinions we have f ormed. Simon Hawkins (Senlor Stfrtutory Avditor) for ond on behalf of Doins Audlt Limited Statutory Auditor Chorlered Accountan, Suite 2. Albion House 2 Etruria Office Villoge Forge Lone stoke on Trent Stoffordshire STI 5RQ 19 September 2024 Poge 15
Doeuslgn Envelope ID.. 62EOFE63-BFE54250-89CD-05685D3D88EE Communlty Foundatian for Stoffordshirè ond Shropshire (formerly known as The Community Foundation for Statfordshire) (A Company Limited by Gvorontee) Statement of fiftanoal octivities (Incorporatlng income ond expenditure account) For the Year Ended 51 March 2024 Unrestricted fvnds 2024 Restricted fvnds 2024 Endowment funds 2024 Total funds 2024 Total funds 2025 Note Income ond endowments from: Gr(Jnis, donation5 ond legacies Choriloble activities 400 4.739.291 1,035,589 5.775,280 5.279,089 310,684 310.684 216.276 Investments 12.670 200.276 212,946 185.035 Total income and endowment5 525,754 4.739.291 1.235,865 6.298.910 5.678.400 Expenditure on: Raising funds Charitoble octivities 98.628 17.266 175.894 102.236 461.790 3.684.275 4.146.065 3,892,823 Total expenditure 560.418 3.684.27S 17.266 4.261.959 3,995,059 Net gains/(IDsses} on investments 668.411 668.411 (361.609) Net (expenditvre) /income (236.664) 1.055.016 1,887.010 2,705.362 1,321,732 Transfers between fvnds 204.115 386.400 <590.515) Net movèmènt in funds (32,549) 1.441.416 1,296.495 2,705.562 1.321,732 Reconciliation of fvnd5'. Totol funds brought forward 229.495 2.441,917 7.971,822 10.643.233 9.321.501 Net movement in funds {32,549) 1.441.416 1.296.495 2,705.362 1,321,732 Total f unds carried forword 196,946 3.883.333 9.268.317 15.348,596 10,643.233 The Stotement of Finonciol Activities Includes oll goins and losses recogni5ed in the yeor. The notes on pages 19 to 59 form port of these finonciol statements. Poge 16
Docuslgn Envelope ID." 62£0FE63-BFE5425o-89CDS65D3D68EE Community Foundatlon for Staftordshire and Shropshire (formerly known as The Community Foundation for Stoffordshire) {A Company Limited by Guorontee) Registered number: 04220565 Registered number.. 04220563 Bolance Sheet As ot 31 Marth 2024 2024 2023 Note Fixed assets Tangible assets Investments 15 488.604 204,543 17 7.346.514 6.900.748 Investment property 16 1.464.869 943,333 9.299.987 8,048.624 Current ossets Debtors 18 1.863.539 508.384 Cosh al bank ond In hand 2.350.682 2.168,389 4,194.221 2,676.775 Creditors., omovnts falling due within one year 19 045.612) (82.763) Net current assets 4.048.609 2.594,61CI Total net assets 13,348.596 10,643.234 Chority funds Er)dowment fvnds 9.268.317 7,971.822 Restricted funds 3,883.335 2,441,917 229,495 Unrestricted funds 196.946 Totol funds 13,348.596 10,643.234 The finonciol slotement5 hove been prepored in occordonce with the provisions oppllcable to entities subject to the small compunies regime. The finonciol gtotements were opproved and ouihorised for issue by the Trustees and signed on their behalf by.. DtsBu$ignBé by. JEEEFIY LEFROV BEg8085)UFfjg453 AF8FtsE EFB84FS Mr A Brovgh Trvstee Date.. 19 September 2024 Nr J Lèfroy Trvstee The notes on poges 19 to 59 form port of these finonciol slotemenls. Poge 17
o¢usign Envelope ID.. 62EOFE8>BFE5425M9CD-056B5D3D68EE Community Foundation for Stoffordshire and Shropshlre (formerly known os The Commvnlty Foundation for Stoffordshire) (A Compony Limited by Guarantee) Statement of Cash Flows For the Year Ended 31 March 2024 2024 2023 Cash f lows from operoting activities Net cosh generoted bu / (used In) operoting octivities 755.607 1.077.110 Cash flows f rom investing activitie5 Divldends. interests ond rents from investments 200,276 180.942 Purchose of Investment property Purchcjse of tangible flxed assets Proceeds f rom sole of investments (521.536> (403.333) (201,667) <309.166) 2.677,700 2,535.527 Purcho5e of investments {2.648.558) (2.046.460) Interest received 7,970 2,093 Net cash (used In)/provided by investing actlvltles (593.374) 66,902 Change in cash and cosh equivalents in the year 162,293 1.144,012 Cosh ond cosh equivcjlents ot the beglnning of the year 2.168.389 7.024,577 Cash ond cash equlvalents ot the end of the year 2.330.682 2.168.389 The notes on poges 19 to 59 form port of these fincjnciol stotements Poge 78
DocS9n Envelope ID: 62EOFE63-BFE5425049CD-05685D3D68EE Community Foundotion for Staffordshire and Shropshirè (formerly kntswn as The Commvnlty Foundotion for Stoffordshirè) (A Company Limlted by Guorontee) Notes to the Flnanciol Statements For the Year Ended 31 March 2024 Generol informotlon The Community Foundolion for Staffordshire ond Shropshire is o compony limited by guoronlee. The directors of the Community Fovndolion ore the trustees named on pooe l. In the event of the Community Foundotion being wound up, the liobilily in respect of the guorantee is limited to £10 per member of the compony. Accounting policies 2.1 Basi5 of preparotion of flnancial statements The finuncial stolements hove been prepored In occordonce with the Choritie5 SORP (FFIS 102) - Accounting and Reporting by Chorities". Stotement of Recommended Proctice opplicoble lo chorlties preporing their occounts In accordonce with the Financiol Reporting Stondord opplicable In the UK and Republic of Ireland (FRS 102) (effective l Jonuory 2019). the Finonclal Reporting Standord applicoble the UK ond Republic of Ireland (FRS 102) and the Componies Att 2006. Community Foundotion for Staffordshire and Shropshire (formerly known os The Commvnity Foundotion for Sloffordshire) meets the definition of o public benefit entity under FRS 102. Assets and liobilitieg ure Initially recognlsed ol historicol cost or Ironsoctlon volue unless otherwise stoted in the relevont occounting policy. 2.2 Summory of significant accoL¢ntlng policies and key occounting estlmotes The princlpol occounting policies which apply in the preporotion of these finoncial stalement5 ore set OL*t below. ThÈse policies hove been consistently applied to oll years presented. unless otherwise stoted. Criticol area5 Of judgment In the opplicotion of the Chtsrity's occountln9 policies. the trustees are required to make judgments. estimotes and ossumptions obout thÉ carrying omount of ossets ond Iiobblities thut ore not reodily opporent from other sources. The estimotes and associoied assumptions are bosed on hlstoricol experience ond other foctors thot ore considered lo be relevont, Actvul results moy differ from these estimote5. The estimotes and underlying ossumptions ore reviewed on an ongoing bosls Revisions to occounling estimotes ore recognised In the period in which the estimrJte is revised where revision offects only thol period, or In the period of the revision ond future periods where the revlsion Offe$ both current and future periods. 2.3 Going concern The finonciol stotements hove been prepored on o goino concern bo515. The trustees ossess whether the use of going concern is oppropriote i.e. whether there ore ony malerlal uncerloinlles related to events or conditlons that moy cost significant doubt on the obility of the chorily to contlnve os o going concern. The trustees moke this osse5smenl in respect of o perlod of one ueor from the dote of approvol of the finonciol statements. Poge 19
Do¢usign Envelope ID.. 62EOFE63-BFE54250.89CO-05685D3D88EE Community Fovndotton for Staffordshire ond Shropshire (formerly known as The CommunFty Fovndatlon for Staffordshlre) (A Company Limited by Gvorontee) Notes to the Financial Statements For the Yeur Ended 31 March 2024 Accounting pollcles (contlnued) 2.4 Income Gront5 ore included in the Statement of Flnanciol Activities on o receivoble bosis. The balance of Income received for specific purposes but not expendecl during the period is shown In the relevont fvnd5 on the 8olonce Sheet. Where income is received in advonce of entitlement of receipt. Its recognition Is deferred and included in creditor5 os deferred income. Where entitlement occur5 before income is received. the income Is accrued. Income and endowments Income is credited lo the Stotement of Financiol Activities in the period in which it is receivoble. The income ond expenditvre occovnl Is presented in the form considered most appropriote to the current octivities of the choritg. Donotions and legacies Dornotions ore recognised when the chority h05 been notified in writing of both the omovnt ond settlement date In the event that o donotion 15 subject to conditions thot require o level of pertormonce by the charity before the charity is entitled to the funds, the income is deferred ond not recognised until either those conditions are fullg met, or the fulfillment of those conditions ig wholly within the control of the chority ond it Is proboble Ihol these conditions will be fulfilled in the reporting perlod Grants Receivable Granis. including gronts for the purchase of fixed ossets. are recognised in full in the Statements of Financiol Activities In the yeor in which they ore receivable. Investment Income Income from investments Is included in the yeor in which it is receivoble. Other Income In oddition lo the Income disclosed in the occovnts the Community Foundation for staffordsh.ire ond Shropshire 0150 receives help ond support in the form of voluntary ossistonce. This help and support is not included In the finoncial statements. This volunlory ossislonce is very mvch oppreciated. Poge 20
Docusion Envelope ID. 62EOFE63-8FE5425(k8gcD-05685D3D68EE Community Foundatlon for Staffordshlre and Shropshire (formerly known as The Community Foundalion for Staffordshire) (A Compony Limited by Guarantee) Notes to the Finonciol Statements For the Year Ended 31 March 2024 Accounting policies (continued) 2.5 Expendltvre Resources expended are recognised in the perlod in which they ore incurred. Raising fund5 These ore costs Incurred in ottrocling voluntory income, the management of investments ond those incurred in trading activities that raise funds. Charitable actlvlties Resources expended ore ollocoted to the porticulor activity where the costs relote directlu lo thot octivity. Indirect costs ore ollocaled per time spent on each activity. Gront expenditure Grants poyoble ore poyments mode to third porties in the f urlheronce of the charitable actlvltles of ihe Community Fovndotion. Single or multi-yeor grants are accounted for when either the recipient hos o reosonoble expectation thot they wlll receive o gront ond the Irvstees hove agreed lo poy the oront without condition. or the recipient expectotion thcjt they will receive o gront and ony condltlon ottoching lo the grant Is outside the control of the Foundotlon. Support costs Support costs irtclude central functions ond have been allocated lo activity cost cotegories on a basis consistent with the use of resources (stoff time spent on each csctlvity). Governance costs These include the cost atlributuble to the Chority's complionce with constitutlonal ond stotulory requirements. including audit fees. Irrecoverable VAT Irrecoverable VAT 15 charged ogoinst the category of resources expended for which it was incurred. 2.6 Intangible assets and amortlsation Intangible ossets costing £300 or more ore copitalised ond recogni5ed when future economic benefits ore proboble and the cost or value of the osset con be meosured reliobly. Intangible ossets are initiolly recognised ot cost. After recognitlon, under the cost model. inlongible ossets are measured at cost less ony accumuluted amortisotion and onu occumuloted imporment losses. Amortisalion is provided on intangible assets ot roles calculoted to write off the cost of eoch osset on o slroight-line bosis over its expected useful life. Amortisatlon is provided on the f ollowing basis.. Computer software 50 % straight line Po9e 21
Docusign Envelope ID.. 62EOFE6>BFE54250-89CD-OBsD3D88EE Community Foundation for Staffordshlre and Shropshlre (formérly known as The Communlty Foundation for Stoffordshire) (A Company Limited by Gvorontee) Notes to the FlnancS0l Statements For the Year Ended 31 March 2024 Accounting policies (continued) 2.7 Tangible fixed assets ond depreciation Tangible fixed ossets costlng £300 or more ore copitolised ond recognised when future economic benef ils ore probable ond the c05t or volue of the osset con be meosured reliobly. A review for impoirmenl of o fixed ossel Is corried out If events or chonges in circumstonces indicate thot the corrying value of any fixed osset mTry not be recoverable. Shortfolls between the corrying value ol fixed 055ets and their recoveroble amounts are recognised os impairments. Impairment losses are recognised in the Slotement of finonciol activities incorporoting Income ond expenditvre occount. Tongible flxed ossels ore carried ot cost, net of depreciotion and ony provlsion for impolrment. Depreciotion is chorged so as to allocote the cost of tongible f ixed assets les5 their residuol value over thelr estlmated useful lives. using the straigb.t-Ilne method. Depreciation is provided on the following bases. Long-term leosehold property Furniture ond eouipment Computer equipment Over the term of the leose 4 yeorg strai(Jhi line 2 years strolgh1 Ilne 2.8 Investments Investmentg hèld og Fixed Assets ore revolueci ot mld-market value ot the Bolonee Sheet dote and the gain or loss IDken io the Stotement of Financlal Actlvilles. Goins ond Losses ore token to the Slotements of Fin(Jnciol Activities as they ar'.se. Realised goins ond losses on Investments are colculated os the difference between the soles proceeds ond the opening morket volues (purchose dote if loter). Unrealised goins and losses ore colculated os the difference between the morket volve ot the year end and the opening market volue (or purchase dote if later). 2.9 Interest receivable Interest on fund5 held on deposit is included when receivoble ond the amount can be meosured reliobly by the Compony." this Is normolly upon notif icotion of the interest pcid or poyoble by the institution with whom the funds ore deposited. 2.10 Debtors Trade ond other debtors ore recogni5ed ot the settlement omount ofter any trade discount offered. Prepoymenls are valued ot the amount prepoid net of any trcde discounts due. 2.11 Cash ot bonk and In hand C05h at bonk ond in hand includes cash ond short-term highly liquid investments with o short moturity of three months or less from the dote of acquisition or opening of the deposit or sirnilor account. Poge 22
Docusign Envelope ID". 62EOFE63-BFE54251>89CO-056B5D3D68EE Community FoundatSon for Staffordshire and Shropshire (formerly known as The Community Foundation for Staffordshire) (A Company Limlted by Guarantee) Notes to the Flnonclal Statements For the Yeor Ended 51 Morch 2024 Accounting policies (continued) 2.12 Liabllitles and provlslons Liabilities ore recognised when there Is cjn obligotion at the Bolonce sheet dale as o result of a past event. it is proboble thot o transfer of economic benefit will be required In 5eltlemenl, ond the amount of the settlement can be estimoted reliably. Liabilities are recognised at the omount thot the Community Foundotion anticipotes It will poy to settle the debt or the omount it hos received os odvanced poymenis for the goods or services it must provide. Provisions are meosured at the best estimate of the omounts required io sellle the obligotion. Where the effect of the time Value of money Is moteriol. the provlsion is based on the present value of those amounts. discounted ol the pre-tox discount rote thut ref lects the risks speclfic to the liobility. The unwinding of the discounl is recognised within interest poyoble ond gimllar chorges. 2.13 Finoncial instrumènts Cla5sificotlon Finonciol ossels ond Iiobilities ore recognised when the charity becomes u party of the cc>ntroctuol provisions of the instrument. Finonciol liabilities and equlty instruments ore clossified according to the substonce of the controctuol orrangements entered Into. An equity instrument Is any contract that evidences a residual interest in the ossets of the chority after deducting oll of Its liobilities. Recognition ond meosurement All financiol tsssets and liabilitie5 ore initiolly meosured ot tror)saction price (including tronsoction costs), except for those tinonciol assets clossified as ot folr value ihrovgh profit or loss. whlch are Initlolly meosured ol foir volve (which is normally the tronsaction price excluding tronsoction cost5), unless the orrongement constitutes a finonclng tronsoctian. If an arrongement constitutes o financing transoction, the financiol osset or liobility is meosured tst the present value of the future poyments discDunted at ts market rate of interest for o simllar debt instrument. Financial osset5 ond liobllltles ore only offset in the statement of flnonciol position when, and only when there exists o legolly enforceoble right to sel off the recognised omounts ond the charitu Intends either to settle on o net basis, or to reolised the osset and settle the liability simvltoneously, Flnonciol as5els ore derecognised when and only when o) the controctual rights to the cosh flows f rom the finonciol ossel expire or ore settled, b) the charity tronsfers lo another porty substantially all of the risks tsnd rewords of ownership of the financial osset. or c) the charity. despite hoving retoined some, bul not oll. significanl risks ond rewards of ownership. hos trcsnsferred control of the asset to another porty. Finonciol liobilities ore derecognised only when the obligallon specified In the contrucl 15 dischorged, concelled or explres. Investments Investments in non-convertible preference shareg ond non-puttoble ordinory or preference shores (where shares are publicly troded or their foir volue Is reliably measurable) ore measured ot foir volue through Poge 23
Docusign Envelope ID.. e2EOFE63-BFE54250-89CN156B5D3D68EE Community Foundation for Staffordshire and Shropshire (formerly known as The Commvnity Foundation for Staffordshire) (A Company Limited by Gvorantee) Notes to the Finonciol Statements For the Year Ended 31 March 2024 Accounting policies (continued) 2.13 Finonclal Instruments (continued) profil and loss. Where fair volue connol be measured reliably. investments are measured at Cost le5S impairment. Fair value meosvrement The best evidence of foir value is quoted price for on identlcal asset in on active market. When quoted prices ore unovoilable. the prlce of o recent transaction for on identicol osset provides evldence of folr volue 05 long os there hos not been o significont change in economic circumstanceg or o significant lopse of lime since ihe trunsortion look ploce If the morket Is not active ond recent Ironsoclions of on Identicctl 08set on their own ore not a good estimate of fuir value, the foir value is estimated by using o valuation technique. 2.14 Toxotlon The Comp(Jny Is considered to pass the tests set out in Prjrogroph I Schedule 6 of the Finance Act 2010 ond therefore it meets Ihe definition of a choritoble compony for UK corporotion tox pvrposes. Accordinglu, Ihe Compony is potentiolly exempt from toxotion In respect of Income or copitol goins received wilh1n categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Toxation of Chargeoble Gains Act 1992, to the extent thot such Income or goins are opplied exclusively to choritoble purpose5. 2.15 Pensions The pension cost charged in the financiol stotements represents the contribution bu the chority on behalf of 'he employees to o stokeholder pension scheme or other designoted personol pension scheme poyoble by Ihe charity during the yeor. 2.16 Fvnd accounting Unrestricted fvnds ore donations ond other incoming resources or generoted for the objective of the chcrity without f urther specified purpose and are ovoilable os general fvnds. Designotecj funds comprise unrestricted funds ihot hove been set oside by the Trustees for porticulor purposes. The aim ond use of eoch designoted fund is set out in the notes lo the finonciol stolemenls. Restricted funds ore to be used for specific purposes os loid down by the donor Expenditure thot meets these crilerio is chorged to the fund. Endowment funds represent those ossels. principolly investments. held by the chority lo fulfil ils objectives ond ore permonent In nature. The Community Foundation lor Stoffordshire ond Shropshire has odopted a lolol returns policy in order lo baloiice the needs of present orid futvie beneficiarie5. Poge 24
DocusMJn Envelope ID." 62EOFE63-BFE54250-89CD-056BSD3D68EE Community Foundatlon for Stoffordshire ond Shropshire (formerly known as The Community Foundotion for Staff ordshire) (A Compony Limited by Guarantee) Notes to the Flnancial Siotements For the Year Ended 51 Morch 2024 Income from gronts, donations ond legacles Unrestricted fvnds 2024 Restricted Endowment funds funds 2024 2024 Totol funds 2024 Gift old reclolmed 40Q 1.924 5,000 5.324 Grants and donotlons from componles. trusts ond similar proceeds 4.737,567 1,032.589 5.769.956 400 4.739.291 1.035,589 5.775.280 Unrestricted fvnds 2023 Fleslricted funds 2025 Endowment f unds 2023 Totol funds 2023 Glft aid recloimed 335 3.077 3.412 Gronts ond donotions f rom companies. trusts ond slmilor proceeds 4,643.077 632,601 5,275,678 335 4,643.077 635.678 5,279.090 Income frtsm charltable octivitles Unrostrlcted funds 2024 Total fvnds 2024 Cost contribution 310,684 310.684 Page 25
Docusign Envelope ID.. 62EOFE6&BFE54251>89CD-OS685D3D68EE Commvnity Fovndation for Staffordshlre and Shropshire (formerly known as The Commvnity Foundation for Stoftordshire) (A Company Llmlted by Guorontee) Notes to the Financial Statements For the Yeor Ended 31 March 2024 Income from charitoble aetivitlès (contlnuèd) Unrestricted funds 2023 Total funds 2023 Cost contribution 216.276 216.276 Investment income Unrestricted Endowment funds funds 2024 2024 Tatcl funds 2024 Dividends receivable from listed Investments 200.276 200.276 Invèstment income 12.670 12.670 12,670 200.276 212.946 Unrestricted Endowment funds funds 2023 2023 Totol funds 2023 Dividends receivoble from listed investments 180.942 180,942 Investment income 2,093 2,093 2.093 180.942 183,035 Poge 26
Dotusign Envelope ID.. 62EOFE63-BFE54250-89CD.0568SD3D68EE Ccmmunity Foundation for Staffordshire and Shropshire (formerly known as The Community Ftsundation for Staffordshire> (A Company Ltmited by Guarantee) Notes to the Financial Statements For the Year Ended 31 Morch 2024 Expenditure on raising funds Costs of raising voluntary Income Unrestricted Endowment fund$ funds 2024 2024 Total funds 2024 Investment monogemenl costs 17.266 17.266 Administration costs 3.539 3.539 Premises CD5ts 4.196 4.196 Other support costs 18.677 18.677 Governance 3.896 5.896 Staff costs 68.320 68.320 98.628 17.266 115.894 Poge 27
Docusign Envelope ID- 62EOFE6>BFE5425¢>89CD.056B5D3D68EE Community Fovndation for Stoffordshire and Shropshire (formerly known as The Communlty Foundatlon for Staffordshire) (A Company Limited by Guarantee) Notes to the Finonciol Stotement$ For the Year Ended 31 March 2024 Expenditvre on roising f unds (continued) Costs of raising voluntary income Ccontlnued) Unrestrlcted f unds 2023 Endowment funds 2Q23 Totol f unds 2023 Investment monogement costs Administrotion costs 20,281 20,281 1.408 Premises costs 4.632 4,632 Other 5vpport costs Governonce 15.060 15.060 1,691 1.691 Staff costs 59,164 59,164 81.955 20,281 102.236 Analysis of gronts Grants to Institutions 2024 Total fvnds 2024 Gront moking 3.684 275 3,684.275 Gronts to InSiltution5 Totol f unds 2023 2023 Grcjnt making 3.573.446 3.573 446 Page 28
Docusign Envelope ID." 62EOFE63-BFE542504gCD-D56B5D3D68EE Community Fovndatlon for Stoffordshire and Shropshire (formerly known as The Community Foundation for Staffordshire) (A Compony Limited by Guarontee) Notes to the Flnancial Statements For the Year Endèd 31 Morch 2024 Analysis gf grants (continued) Analysis of grants Grants to institutions Gronts to Individuols Advlt Communlty MH-MPFT Adult Community MH-NSCHT Asplre Housing Beordsley & Blood Bishop Stamer Breoth of Life 105,965 138,093 33.000 1916 7,842 18,687 5.856 8rislol & West 730 Children's Holidoy 7.816 Ctslin Llne Fund 9.984 Communlties in Crisis - British Aed Cross 6.747 Communities in Crisis ~ DCMS 13,309 Communities in Crisis - Newcostle-Under-Lyrne Communlties in Crisis - Staffordshire Moorlonds 2,194 11.646 Community Chan9e- PFCC Edward Wood 31,197 958 European Social Fund Godolphin Edwords Hilton 8.719 2.225 1.000 7.369 Homes for Ukroine - SOTCC 4.662 Household Support 2023-24 1.355.678 Household Support Fund 15.904 J&0 Lloyd John Flock 84.811 11,000 1.000 419 Kingsley Communiry Fund Know Your Neighbourhood LDC Members Fund 20.000 554.649 5.450 Llchfield Community Lottery Moddocks. Burslem & Leicester 12.648 6.000 Mo Chaudry 3,822 Poge 29
Dowsign Envelope ID.. 62EOFE63-8FE5425o-89c0S8BsD3D68EE Community Foundation for Staffordshire and Shropshire (formerly known as The Community Foundation for Staffordshire) (A Company Limited by Gvarantee) Notes to the Flnanclal Statements For the Year Ended 51 March 2024 New Communities 161.348 Roger Hinton Rb'rol Developmeni Fund Safer Streets 1,800 8.350 41.142 SBC Smoll Grants 10.765 450 SBC Sports Fvnd SCVfS Anniversary Fund Shropshire, Telford ond Wrekln NHS 6.650 750 1.285 109.46Q Sir Stonley Notihews Spoce Onward Funding Stoke Winter Warmth 2022 7.000 187.086 67.993 Support Sloffordshire SWEF 75.000 15,127 Tobitha Trust 2.000 Topcoshback VAST 11.425 20,000 Warm Places - Connock Chose 4.612 Worm Ploces- Eost Stoffordshire Worm Places South Stoffordshire 13.742 Worm Places Stafford 10.500 We Love Connock Chase 500 We Love Lichfield 32.569 We Love Newcostle 400 We Love Stofford 1,700 174 We Love The Moorlands 4.500 We Love Ulloxeter 11.930 Whittington Winter Warmth Strand 2 24,722 7.200 279.723 Youth Endeavour 1,500 1,826,481 1,784,176 Poge 30
Docusign ErEvelope ID.. fj2EoFE6>&FE542589cS8BSD3QeeEE Community Foundation for Staffordshire ond Shropshlre (formerly known as The Community Foundotlon for Staffordshire) (A Company Limited by Guarantee) Notes to the Finonclol Stotements For the Year Ended 31 Morch 2024 Moterial Gr¢nt Payments Material oroni poyments lo institution5 are listed below.. Afghani5ton and Central Asion Agsoclation All the Small Things CIC ANTA Community Tro5nino CIC ASHA North Staffordshire 20.000 42.813 20.000 26.642 Aspire Bvrton Albion Commvnltu Trust Burton Upon Trent & District YMCA dDeoflinks 16.905 10.000 10.062 12.321 Designs Mlnd CIC Ellostone Playing Field Greot Health Care Services 21.356 13,865 10,000 Kidsgrove Sports Centre and Commvnity Group Kingsley Porish Council Lichfleld District City of Sonctuor¥J Porochiol Church Council Of St Jomes Church 30.000 1Q.000 10.000 10.000 Port Vale Football Club Foundotion 10.000 Pulse for Music 19.153 Raporu Consult CIC Reaching CIC Rethink Mental Illness 25.000 45.821 19.000 Shropshire Youth Support Trust (SYST) Small Woods Association 161.872 10.000 Sporting Communitie5 CIC Sioffordshire ond Cheshire Equine Asslsted Psycholheropy 57,388 21,356 Siaffordshire Wildlife Trust 20,000 Stoke on Trent Theatre Trvst 30.905 Support Staffordshire The Association Df Ukroinions in Greot Britain 39.905 19.965 The Hvbb Foundotion 45.000 The Sea Change Trust utloxeler Cricket Club 26.915 10.000 Poge 31
Docuslgn Envelope ID.. 62EOFE63.BFE54250.89CtM56B5D3D68EE Community Foundation for Staffordshire and Shropshire (formerly known as The Communlty Fcundotlon for Stoff ordshire) (A Company Limited by Guarantee) Notes to the Financial Stotements For the Year Ended 31 March 2024 VAST 40.291 Walk Ministries 43.602 Wovemoker 57.412 YMCA North Staffordshire M,385 1.002,932 The support costs OSSOCi(5ted with grant moklng ore £461,790 (2023-. £519.377). Analysls of expendltvre on charltable octivities Summary by fund type UnrerICted funds 2024 Restrleted funds 2024 Total 2024 Gront funding oc*lvitles Stoff costs 3,684,275 3.684.275 273.281 273.281 Allocoted support cost5 Governonce costs 172,926 172.926 15,583 15.583 461.790 3,684,275 4.146,065 Unrestricted fur)ds 2023 Restricted funds 2023 Total 2023 Grant funding activities Stoff costs 3.573.446 3,573,446 227,481 227,481 Allocoted support COSIS 87,203 87.203 Governance cost5 4.693 4.693 319.377 3,573.446 3.892.823 Poge 52
Docuslgn Envelope ID. 62EOFE63-BFE54250-8gCD-OS6BSD3D68EE Community Foundatlon for Stoffordshire and Shropshire {formerly known 0$ The Community Foundotion for Stoffordshire) (A Company Limited by Guarontee) Notes to the Flnanciol Stotemènts For the Yeor Ended 31 Morch 2024 Analysis of expènditvre by ottivities Grunt funding of activities 2024 Support Costs 2024 Total funds 2024 Grant f uncling activities Stoff cosis 3,684.275 3.684.275 273.281 273.281 Allocoted Support costs 172.926 172.926 Governance costs 15,583 15.583 3.684.275 461.790 4.146.065 Grant funding of activilies Support costs 2023 2023 Total f unds 2023 Gront fLsndino octivities Staff costs 3.573.446 3,573,446 227,481 227,481 Allocated support costs Governance costs 87,203 87.203 4.695 4.693 3,575,446 319,377 5.892.823 Poge 33
Docusign Envelope ID.. 82EOFE83-BFES42589Co56BSD3D68EE Community Foundation for Stoffordshire and Shropshire (formerly known os The Community Fovndation for Staff ordshire) (A Company Limited by Guorontee) Note5 to the Flnanclal Stotements For the Year Ended 51 March 2024 Analysis of expenditvre by activities (continved) Analysis of support costs Total funds 2024 Totol funds 2023 Staff costs 273.281 227,481 Oepreclotlon & Amortisotlon 25.106 4.215 Premises costs 28.366 18.528 Other support costs Adminislrolion costs 55.953 57.024 83,501 27,436 Governance costs 15.585 4.693 461.790 319.577 10. Net income/(expenditure) 2024 2023 Depreciation of tongible fixed assets.. -owned by the chorily -leosed by the choirlu Amorlisotion of intongible fixed assets Auditors, remuneration 14,831 4.215 10,274 5.175 4,500 Auditors, remuneration - other services 3,575 2.750 Page 34
Docusign Envelope10- 62EOFE63-BFE54250-89GD4)56B5D3D68EE Community Foundatlon for Stoffordshire and Shropshire (formerly known us The Communitu Foundotion for Staffordshire) (A Company Limited by Guarontee) Notes to the Finoncial Statements For the Year Ended 31 March 2024 11. Staff costs 2024 2023 Woges ond solories 297.898 255.794 Social security costs other pension costs 30,110 19.433 13.594 12.018 341.602 286.645 The overoge number of persons employed by the Compony during the year was 05 follows.. 2024 No. 2023 No. Senior Monagement Gronts Officer Adminlstrotor 15 10 No employee received remunerotlon omounling lo more than £60.000 In either yeor. The total benefits of the key monogment personnel of the chorily were £168.039 (2025.. £152.811). 12. Trustees. remunerotion ond expenses During the ueor. no Trustees recelved onu remunerotion or other benefits (2023 - £NIL). During the yeor ended 31 March 2024, expenses totolling £115 were reimbursed or poid directly to l Trustee (2023 - £NIL to Trustee). These expenses were reimbursed for trovelling costs incurred. 13. Taxation The charity is o registered charity ond is therefore exempt from toxalion. Poge 35
Docuslgn Envelope ID., 62EOFE6&BFE5425M9CD.056BSD3D68EE Commvnity Foundaticn for Staffordshire and Shropshire (formerly known as The Community Foundation for Stoff ordshire) (A Compony Limlted by Guarantee) Notes to the Financial Statements For the Year Ended 31 Morch 2024 14. Intangible assets Compvter software Cost At l April 2023 14.400 Al 31 Morch 2024 14.400 Amort15atlon At l April 2023 14.400 At 51 March 2024 14,400 Net book volue Al 31 Morch 2024 At 51 Morch 2023 Poge 36
Do¢iJsign Envelope ID.. 62EOFE8>BFE5425049CD-056B5Q3D68EE Community Fovndation for Staffordshire and Shropshlre (formerly known as The Community Foundation for Staffordshire) {A Company Llmlted by Gvorontee) Notes to the Finonciol Statements For the Year Ended 31 March 2024 15. Tongible fixed assets Long-term leosehold Furniture and property eqvipment Computer equipment Total Cost or valvotion At 1 April 2CI23 Additlon 201.667 10,652 14,624 226.943 260.768 5,783 42.615 309.166 At 31 Narch 2024 462.435 16.435 57.239 536.109 Depreciation At l Aprll 2025 Chorge for the yeor 9.211 15.189 22.400 10.274 2.021 12.810 25.105 Al 31 Morch 2024 10.274 11.232 25.999 47.505 Net book value At 31 March 2024 452.161 5.203 31.240 488.604 At 31 March 2023 201.667 1.441 1.435 204.543 Poge 37
Docuslgn Envelop8 ID., 62EOFE6>BFE54250-89CD-056B5D3D68EE Communlty Foundotion for Stafford5hlre and Shropshlre {formerly known as The Commvnity Fovndation for Stoff ordshire) (A Company Llmited by Guarantee) Notes to the Financiol Statements For the Yeor Ended 31 March 2024 16. Investment property Freehold Investment property ond land Valvatlon At 1 April 2023 Additions 945.533 521,556 At 31 Morch 2024 1.464.869 The 2024 voluotion was mode by the Board. on on open morket volue for existing use bosis. 17. Fixed asset investments Listed securities Other investments Total Cost or volvotion At l April 2023 Additions 6.307.353 399,892 6.707.245 2.374.691 273.867 2,648,558 Disposols (2.509,672) 670,235 (368,028) (1.824} (2.677.700) Revoluotions 668.411 At 31 March 2024 7.042,607 303,907 7.346,514 Net book valve At 31 Morch 2024 7,042.607 303.907 7.346.514 At 31 March 2023 6.307,355 399,892 6.707.245 Poge 38
Docuslgn Envelope ID.. 62EOFE63-BFE54250-89CD-05685D3D68EE Commvnity Foundutlon for Staffordshlre and Shropshire (formerly known us The Community Foundotttsn for Staffordshire) (A Compony Limited by Guorontee) Notes to the Financlal Statements For the Yeur Ended 31 March 2024 18. Debtors 2024 2Q23 Due within one year Trode debtors 1.699,275 447,301 Prepoyments ond accrued income 164,264 61.085 1.863.539 508,584 19. Creditors: Amounts falling due within one year 2024 2023 Trode creditors 3.571 13,756 Other taxolion and sociol security 6,626 Other creditors 27,015 31.064 Accruals ond deferred income 108.600 57.343 145.612 82,163 2024 2023 Deferred income ot 1 April 30.685 400,000 Resources deferred during the yeur Amounts released from previous periods 85,000 30.683 <17.583) (400.000) Deferred Income at 31 Morch 98,1¢)0 30.683 Poge 39
Docuslgn Envelope10.' e2E0FE63.BFE5425gCD_OS685D3D88£E Community Foundation for Staffordshire and Shropshire (formerly known as The Communlty Foundatlon for Stoff ordshire) (A Company Llmited by Guarantee) Note5 to the Financial Statements For the Yeor Ended 31 March 2024 20. Stotemènt of tunds Bolance at I April 2023 Income Tronsfer in/out Expenditure Bolance at 31 Gains/(Losses) £ March 2024 Unrestricted Funds General Funds 229,496 319.054 (494.130) 192.535 246.955 Designated Funds Oesignoted Funds 4.700 (66.288) 15.349 (46.239) Totol Unrestricted Funds 229.496 323,754 (560.418) 207,884 200.X6 Restricted Funds
iwill Motch
5,592 5,392
iwill Shropghire
4,030 4.030
iwill Slaffordshire
185 185 Adult Community - MPFT 326.651 19.155 (105.965) 239,841 Adult community 467,856 (158.093) 329.763 Ardentio House 5.769 (3.769> Aspire Housing (33.000) 33.000 Beord51ey & Blood Besl Kept Village (11.758) 72.000 242 5,700 (2,450) 3.250 Bishop Stamer 1.410 (18.810) (730> 26.000 8.600 Bristol & West 730 Breoth of Life 3.261 677 (3.836) 102 Children's Holiday Colin Line Fund 804 (7.816) 13.000 5.988 (1) {9.984} 10.000 15 Communities in Crisis - British Reé Cross 6.747 (6.747) Communities in Crisis - DCMS 15.509 03.309) Communitles In Crlsls Newcostle-Under-Lyme Communities in Crisis - Stoffordshire Moorlonds 2.194 (2.194) 15,705 U1.646> 2,059 Community Chonge - PFCC 40.000 16.197 (31.197) 25.000 Community Renewol Fund 85 85 Page 40
Docusign Envelope ID.. 62EOFE6>BFE5425N9CD-056B5D3D68EE Community Foundation for Staffordshlre and Shropshire (formerly known as The Communlty Foundation for Stoffordshire) (A Company Limlted by Guarantee> Notes to the Finonciol Statements For the Yèar Ended 31 March 2024 Lichfièld Emeroencu Appe01 Stoffordshire Emergency Appeol Shropshire Emergency Appeol Edword Wood 8.165 8.163 53.420 53.420 1.046 1.046 4.360 2.059 6.419 Europeon Sociol Fund Godolphin Edwards Hilton 158.20n 61.577 (8.719) 14.451 (5.225) (7.405) 4.000 775 10,697 3.292 Homes for Ukraine (9.274) (4.662) (1.371.582) (96.056) (13.936) Hovsehold Support Fund J&0 Lloyd 131.361 5.097,500 743 1.857.279 (5.315) 90.000 John Flock (1.419) (20.000) 2.000 581 Kingsley Know Your Nei9hbourhood LDC Members Fund 20.000 586.222 (554.649) 31.573 4.554 15.450) 1.084 Lichfield Commvnity Lottery 3.234 11,700 01646) 2.286 Lichfield Street Aid 605 605 Lost Doys Noddocks, Burslem & Leicester 3.122 3.122 (6.100> 7,000 900 t4ocJe bu Sport - Staffordshire 22 22 Made in Stoke 30,269 (35.362) (5.095) Nalam 2.315 2.313 Mo Chovdry (5.822) 4.000 178 NET Shropshire Fvnd NET Stoffordshire Fund 6,882 6.882 556 556 New Communities 400.000 (161.548) 238,652 Platform Houslng 450 450 Roger Hlnion Rurol Development Fund Sofer Streets (608) 2.992 (1.800) (8.350) 584 100 10.000 1.750 soo 40.642 (41.142) S8C Smoll Gronts 17.560 9,000 01.215) 15.145 SBC Sports Fund 6,158 6.300 (7.400) 5,058 Poge 41
Docusign Envelope ID.. 62E0FE6&BFEH2s89cD-0S6B5D3s8EE
Community Foun
Docusign Envetope ID: 62EOFE63-BFE54251k89cD-056B5D3D68EE Community Foundation for Stoffordshlre and Shropshire (formerly known os The Community Foundation for Staffordshire) (A Company Limited by Guarantee) Notes to the Finonclul Statements For the Year Ended 31 March 2024 Youth Endeovour 500 2 441918 4 739 291 684 275 382 631 879 565 Balance at 1 April 2025 Income Transfer In/out Expenditure Gains/(Losses)Bolance at J1 Norch 2024 Endowment Funds Aspire Housing Beom 654.617 13.993 0.813) (52.481) 0.812) 48.571 662.887 184.061 4.481 (532) 15,242 201,440 Beardsley & Blood Bishop Stomer Breath of Life 518.794 (12.000) 45,137 549.931 617,521 10.264 (3,117) {44.354) (2.301) 42.522 622.656 72.735 2.089 <76) 6.732 79.179 Burselm Community 11.477 237 (25) (529) 938 12.298 CFS 102.153 2.127 (443) (2.954) 7.668 108.551 Checkley Teun 14.032 255 (78) (422) {15.062) 1.055 14.840 Children's Holiday 170.548 2.675 (812) 11.026 168.175 Colin Llne Fund 166,464 4.965 4.985) 14.378 170.822 Edword Wood 305.606 9.201 <9.178) 27,216 531845 Godolphin Edwards 362.719 (4,000) (5.9n) 51.532 390.251 Hilton 189.528 3.614 0.097) 14.898 200.972 J&OLloyd John Flock 1.418.788 39.952 034.136) (3,197) 114.274 1.438.878 38.942 661 (201) 2.723 38.928 Kingsley LGB Switchboord 102,744 1.295 (592) (22.906) 5.327 86.066 7.380 134 (41) (222) 555 7.804 EME Wardle 24.004 2.015 26.019 Moddocks, Burslem & Leicester 581.201 10,403 (378) 06.407) (6,01n 32,327 407,146 Molam 201,720 3.648 0.106> 15.013 213.258 No Chaudry Roger Hinton Rotory Rural Development Fund 77.560 1.331 (404) (4.764) 5.484 79.207 552,709 79,62S 7.870 640.204 4.089 67 (20) (110} 275 4.307 222.442 3.590 0,090) (16.457) 14.795 223,280 Page 43
Docusign Envelope IQ.. 62EQFE63_BFEH250_89Ctk056B5D3D68EE Community Foundation for Stoffordshire and Shropshire (formerly known as The Community F•Jundotlon for Staff ordshire) (A Company Limited by Guarontee) Notes to the Finonciol Statements For the Yeor Ended 31 March 2024 scvys 89.677 3.050 (89) 0.036) 9.436 101.038 Sir Stonle Motthews 64.503 779 (236) (8.820) 5.209 59.455 Slafford Children's Hospice 21.770 395 018) (653) 1.630 23.024 Support Stoffordshire 262.145 4.006 03> (77.558) 11,683 200.263 Tobitho Trust 53,616 3.479 57.095 Top Coshbock 16.005 26.161 (352) (480) 4,783 46,117 VAST 108,563 1.481 (450) (25.218) 6.106 92,282 We Love Burton 10.233 8.083 (200) (410) 2.715 20.421 We Love Canoock Chose We Love Lichfield 37.565 445,172 (196) {1.025) (1.591) (12,567) 2.655 37.879 39.077 497,797 28.330 We Love Newcostle 228,103 5.794 (437) (7.073) 18.763 245.150 We Love Shropshire 925 20 (910) 35 WE Love South Stoffs 5.998 312 (34) 085) 462 6,553 We Love Stafford 49.932 1.934 (274) (3.54TJ 3.868 51.913 We Love Stoffordshire 203.569 13,986 (472) (6.066) 18.575 229,S92 We Love Stoke 32.145 976 084) {1.039) 2.649 34.545 We Love Tomworth 177,219 6,237 (72) (5.498> 16.485 194.371 We Love The Moorlands 55.683 4.960 (301) 0.430) 4.091 45,003 We Love Uttoxeter 34,155 10.644 (218) <21.505) 2.961 26.037 Whittington 587,202 17.749 (45.886) 50.775 609.840 Youth Endeovour 11,727 203 (62) (1.915) 838 10.791 7,971,822 1,25S.866 (17.266) {590.516} 668.411 9.268.317 Page 44
Docusign Envelope 10: 62EOFE63-BFEs42589CTh-0S6B5D388EE Commsjnity Fovndation for Staffordshire ond Shropshire (formerly known os The Community Foundation for Statfordshire) (A Companu Limited by Guarontee) Notes to the Financial Statements For the Yeor Ended 31 Morch 2024 Statement of funds - prior year Bolonce at I April 2022 Intome Transfer in/out Expenditure GoSns/ (Losses) £ Balance at 31 Morch 2025 Unrestrirted Fvnds 217.619 229.496 Ger)erol Funds 194.504 218.705 (401.352) Restrlcted Funds
iwill Match
5.392 5.392
iwill Shropshire
iwill Staffordshire
4,030 4.030 4,400 29.508 (33.725) 185 Aduli Communlty MPFT 400.000 {73.Y$9) 326.651 Adult Community Ardentio House 547.200 (79.344) 467.856 (21.231) 25,000 3.769 Bishop Stomer 11.010 (34.600) 25.000 1,410 Brisiol & West 730 730 Breoth of Life 3.620 (359) 3,261 Children's Holidoy Colin Line Funcl 4.810 (9.006) 5.000 804 o) (1> Communities In Crisis - 8rltish Red Cross 6.747 6.747 Communities in Crisis - DCMS 28.309 05.000) 13.309 Communities in Crisis Newcostle Under Lyme 3.705 01.511) 10.000 2.194 Communities in Crisis- Stoffordshire Moorlonds 5.705 10.000 13,705 Communlty Change - PFCC Community Recovery Fund 60.QOO (20.000) 40.000 186.000 (186.000) (160.880) Discover Digilol (2Q914) 187.879 85 Poge 45
Docuslgn Envelope ID.. 62EOFE63-BFE54250-89Ctk056B5D3D68EE Communlty Foundatlon for Stoffordshire ond Shropshlrè (formèrly known as The Communlty Foundation for Stoffordshlre) (A Compony Llmlted by Guarantee) Notes to the Financiol Stotements For the Year Ended 31 March 2024 Llchfleld Emergencu Appeol Staffordshire Emergency Appeol Shropshire Emergency Fund Edword Wood 8,165 8.163 63,420 0.000) 55.420 1.046 1.046 168 (5.808) 10,000 4,360 European Sociol Fund (29.989) 214.827 (223.045) (38.207) Hlgh Sheriff Hilion 5.281 (11,642> 6.367 10.697 10.697 Homes for Ukroine (9.274) (9.274) Household Support Fvnd 782.950 (651.589) 131.361 J&0 Lloyd 708 (49.965) 50,000 743 John Flock 295 (1.200) 905 Kingsley (15,000) 15,000 Know Your Neighbourhood 135.533 035.333) LDC Members Fund 1.034 14.100 UO.600) 4.534 Lichfield Community Lottery (8.466) 71.700 3.234 Llchf ield Street Aid 593 12 605 Lost Doys 2.822 300 3.122 Maddocks. Burslem & Leicester {500) 500 Node by Sport- Stuffordshire 22 22 Hode In Stoke 20.000 70.000 (59.731) 50.269 Molom 3.263 (10,950) 70,000 2.313 Mo Chavclry 169 (4.339) 4.170 NET Shropshire Fund 6,882 6,882 Net Staffordshire Fund 556 556 Poge 46
Docusign Envetope10.' 62EOFEe3-8FE54250-89Ctk056B5D3D68EE Community Foundation for Staffordshire ond Shropshire (formerlu known as The Community Foundation for Staffordshire) (A Company Limited by Guorantee) Notes to the Financial St¢tements For the Year Ended 31 March 2024 Roger Hinton Rural Development Fvnd 2.992 (3.600) (608) (9.900) 10.000 100 Sofer Streets 5.500 (5,000) 500 SBC Snioll Gronts 10.257 19.000 01.897) 17.360 SBC Sports Fund 7.930 6.300 (8.072) 6.158 SCVYS Anniversory Fund {28.715) 30.000 1.285 SDG Funding 3.282 3.282 Shropshire Emergency Appeol South Stoffs Community Energy 18.092 18.092 802 602 Spoce Onword Funding Slcjfford Swollows Sports Fund 26,485 177.021 (200.162) 7.488 7,468 Stoke Household Support Stoke Winter Warmth 40.000 {13.500) (26.500) 35.252 (33.128) (2.124) Stoke Winter Wormth 2022 80,000 (10.302) 2.124 71.822 Surviving Winter Tabitho Trust 744 744 {2.500) (soo) 500 (2.SOO> The Queen's PlotinL)m Jubilee Fund 80.561 (80.561) Topcashbock Ukranion Refvgees Fund - GCLS 7.425 (7,425) 10.448 (11.062) (614) VAST 6.531 {12.000) 5.469 Worm Places - Connock Chose 14.250 (10.000) 9.000 13.250 Worm Places- Eost Staffordshire 29.500 138.000) 9.500 Poge 47
Docusign Envelope ID.. 62EOFE6&BFE54251k89CD-056B5D3D68EE Community Foundation for Stoffordshlre and Shropshire (formerly known as The Community Foundation for staff ordshire) (A Company Limited by Guorantee) Notes to the Financiol Stotements For the Yeor Ended 31 March 2024 Worm Places - South Staffordshire 38.500 (9.229) 9.000 38.271 Worm Ploces- Stafford 38.000 (17,550) 9.000 29.450 Warm Places - Tomworth 28.500 8.000) 9,500 We Love Connock Chose (1.000) 1,000 We Love Lichfield 24,432 22,425 (52,014) 8,300 23.145 We love Newcosile (6.000) 6.000 We Love Slofford (5.300) 5.5¢)0 203 We Love The Moorlonds 11.500 10.000 01.500) 10.000 We Love Uttoxeter (9.000) (26.025) (9.000) Whittington Williom Shipley Family Fund Winter Wormth Strond 1 15.513 15.000 4.488 5.000 (4.950) 50 780,619 {295.115) (70.000) 415,504 Winter Warmth Strond 2 1.438.360 (779.529) 26.500 685.331 Youth Endeovour (1.150) 1.150 Afghanistan Evocuees Fund 1.814 0.814) 1.129.731 4.643,077 (3.573.445) 242,555 2.441.918 Page 48
Docusign Envelope ID.. 62EOFE6&BFE54250.89cDs6B5D3D6SEE Community Foundation for Staffordshire and Shropshire (formerlu known as The Community Foundotlon for Stuffordshire) (A Company Limited by Guarantee) Notes to the Flnoncial Statements For the Year Endèd 31 March 2024 Balance at 1 Aprll 2022 Income Transfer in/ovt Expendlture Goins/ {Losses) £ Balance ot 1 Morch 2023 Endowment Funds Aspire Housing aeom 699.902 14.688 (2.500) (23.334) (2.607) (34.159) 654.617 192.864 4.965 {592) {10.S69) 184.061 Bishop Stamer Breath of LSfe 699.577 10.481 {3.970) (50.909) (37.4S8) (3.548) 617.521 76.267 2.275 (88) 12.371) 72.735 Burslem Community 12.158 285 (30) (389) (545) (5.642) 11.477 CFS 120,583 1,935 (521} 04.202) (575) 102.153 Checkley Teon Children's Holidoy 15.317 241 (91) {862) (10.342) 14.032 19Q.969 2.894 (1.096) (72.077) (4.916> 170.348 Colin Line Fund 167.723 9.833 (6.176) 166.464 Edword Wood 326.307 9.390 (17.989) 02.102) 305.606 Hllton 206.590 3.414 (1.293) <6.9PA) (93.359) (12,199> 189.528 J&0 Lloyd 1.524.570 42.383 (54.806) 1.418.788 John Flock 45.529 684 (259) (2.567) (2.445) 38.942 Kingsley LGB Switchboord 126.552 1.661 (629) 08.903) (5.937) (453) 102.744 8.055 127 (48) (301) 7.380 Maddocks, Burslem & Leicesier 39B.170 10.487 (493) 00.325) (18.576) (5.647) (16.638) (12.292) 381.201 Molom 230.451 3.440 (1.303) 201.720 No Choudry Roger Hinton 87.078 1.311 (497) (4.685> 77.560 552.709 552.709 Rotary 4.425 63 {24) (150) (225) 4,089 Rurol Development Fund 252.515 3.691 {1.398) (19.174) 03.192) 222.442 scvys 113.130 2.997 (82) (21.964) (4.404) 89.677 Sir Stonley Notthews 70.045 1.040 (394) (2.471) (3.717) 64,503 Stofford Chlldren's Hospice 25.618 373 (887) (1.334) 21,770 Svpport Stoffordshire 273.452 6.123 1964) (3.625> (1.065) (12,841) (4.J34) 262.145 Tabitho Trust 59.015 53.616 Page 49
Docusign Envelope ID: 62EOFE6&8FE5425¢>89CD-0568503D68EE Community Foundation for Stoffordshire and Shropshire (formerly known as The Community Fovndotion for Staffordshire) (A Compony Limited by Guorantee) Notes to the Flnanclol Statements For the Year Ended 51 March 2024 Top Coshbock VAST 16.005 16.005 123,856 1.840 {69n (10,061) (6,575) 108,365 We Love Burtor¢ 11.037 235 (89) (109) (841) 10.233 We Love Connock Chose 41,679 862 (236) (2.512) (2,228) 57.565 We Love Lichfield 468.935 50.888 (885) (33.869) (19,897) 445.172 We Love Newcastle 247.154 5.741 (515) (13.776) 00,483) 228.105 We Love Shropshire 960 29 (28) (36) 925 We Love South Staffs 6.562 106 {40) {252) r378} 5.998 We Love Stofford 59.151 1.911 (324) (7.683) (3.123) 49.932 We Love Stoffordshire 217,032 8,847 (441) <12,350) (9.519) 203.569 We Love Stoke 34,288 1,504 (214) 0.350) (2.085) 32.143 We Love Tamworth 184,859 5.477 (62) {5.628) (7.427) 177.219 We Love The Moorlands 36.905 3.612 (310) (1.602> {2.922) 35.683 We Love Uttoxeter 1,918 33.562 (108) {185} <1,032) 34,155 Whittinghom 626.102 18.275 (35,6M) {23.531) 587.202 Youth Endeovour 14,186 238 (90) 0,760) (847) 11.727 7,997.266 816.620 (20.281) (460.174) (361,609) 7,971,822 Page 50
Do¢usign Envélope ID.. 62EOFE6&BFE54250-89CD-056B5D3D68EE Community Foundation for Stoffordshire ond Shropshire <ftsrmerly known os The Commvnity Foundation for staffordshire) (A Company Limited by Gvorantee) Notes to the Financial Statements For the Year Ended 51 Mareh 2024 The specific purposes for which the funds are to be c5pplied ore as follow5.' Generol Funds Unrestritted f unds to cover running costs ond ossocloted expenses of the Community Foundotlon. The chorily is octively seeklng to obtoin endowment funds with the intention of growlng these funds to such o level that ollows grants io be made from their investment yleld. Adult Communily Mental Heolth- MPFT As part of the NHS Community Mental Heolth Transformotion progromme. this scheme owords gronts to orgonisotions supporting people with severe meniol illnesses in Southern Stoffordshire. includbng Lichf ield District. Tamworth Borough, Eost Stofford5hire District, Stofford Borough. South Stoffordshire D19trict, Cannock Chose District. Adult Community Mentol Health - NSCHT As port of the NHS Community Menlol He(Jlth Tronsformotion progromme, this scheme owords gronts to c)rgonisutions supporting people with severe mental illnesses In North Stoffordshire. Including Newcosile-under- Lyme Borough ond Stoffordshire Moorlands District ond Stoke-on-Trent. Aspire Houslng To support dlsodvontoged people ocross North Stoffordshire, with a preference for educotion ond employment. through the allocotion of small gronl owards. Beardsley ond Blood To bring benefit lo Individuals in need residing in Tamworth. Best Kept Villoge This Is o compelition for the Best Kept Village. Bishop Stamer To svpport older ond infirm people ocross North Stoff ordshire. makino gmoll gront owords to community groups, charitie5, public sector bodies ond individuals. Breath of Life To support people with breathing difficultles ond respiratory problems who ore based in North Stoffordshire. moking small gront owords to community groups, charities and individuals Bristol & West Funding from the Brlstol & West Bullding Society. Childrerb's Holldoy Fund To poy for holidays Dnd educalionol trips for disadvontoged children re51dent In Stoke~on~Trent and port of the Staffordshire Moorlonds. Colin Line Fvnd A private endowment fund to support charities and community groups in Lichfleld. as directed by the donor. Poge 51
Docuslgn Envelope ID.. 62EOFE6&BFE542S(k89CD-056BSD3D68EE Community Foundotion for Staffordshlre and Shropshlre (formerly known as Thè Communlty Foundotlon for staffordshire) (A Company Limited by Guorontee) Notes to the Finonciol Stotements For the Year Ended 31 March 2024 Commvnities in Crisis Supporting ovr communities through the cost-of-living crisis. Orgonisotions con apply for funding for worm spoce Inltlotives, food bonk support C3nd support with energy cost for comrnunity center5 to remoin open for the benefit of their communities. Community Chonge - PFCC Fvnding to support with issues ond solutions which hove been identified by the locol community to tockle ont150cial behavior. Edwurd Wood Fund To support the educotionol, sociol ond emotionol weltnre of visuolly impoired children in Stoke-on-Trent. Europeon Sociol Fund Europeon Union funding designed to develop the copocity of the community ond to meet locol needs. Port of this strategg Is to help people increase their chances of flnding work. Applicotions ore open to oroonisotions bosed or working within the county of Stoffordshire to move people closer to employment. educotlon or troining. Godolphin Edwards To oword gronts to orgon.isotions who were working to provide services or fa£ililie5 to re5ident5 of Aclon Burnell, Frodesley, Pitchford. Longley ond Ruckley. Hilton Fund To support the education ond gociol welfare of residents of former mining oreas in South Stoffordshlre. through the allocotlDn of smoll orant owords lo community groups. chorilies and individuols Homes for Ukraine Additionol funding for the Discover Digilol progromme. especiolly for Ukrain1an oppliconts Household Support Fund Svpport with energy bills for residents of Staffordshire from Staffordshire County Council J & O Lloyd Fund Strond one Is to SUPPDrt community octivities in East Stoffordshire, prlmorily around the erts ond leisure. buildings ond naturol environment, heritoge. and 50cioI and community isolation Strand two is lo provide bursories to young people who may be going on to study ol the University of Cumbridge college. or an ocodemy speciolising In the orts. John Flock Bentilee Empowerment Fund To provlde financial ossistonce to those in need frorn Bentilee in Stoke-on-Trent. Awords ore avoiloble to individuals, community groups and charities. Kingsley Community Fund To 51JPPOrt community activities ond development. with a strong focus on young people. in the porlsh of Kingsley In the StcJfford5hire Moorlonds. Available only to locally b05ed community groups ond chorities. Know Your Neighborh¢od The Know Your Neighborhood Fund is running from Jonvory 2023 until Norch 2025. 11 is helping to develop our Poge 52
Docuslgn Envelope ID." 62EOFE63-BFE5425049CD-056B5D3D68EE Community Foundotion for Staffordshire and ShropshSre (formerly known as The Commvnlty Foundation for Staffordshire) (A Company Limsted by Gvarantee) Notes to the Financiol Statements For the Year Ended 31 March 2024 collective vnder5tonding of whot Improves wellbeing and pride in ploce through volunteering ond community initiolives tackling loneliness. Citizens will be oble lo porticipaie in local projects which build their skills. wellbeing ond social networks. Stoke~on-Trent on5y. LDC Members Fund The distribution of the Llchfield District Council elected members funding. Lichfield Community Lotlery To provide funding to community ond voluntory organisations across the whole Lichfield district areo. Moddocks. Bvrslem & Leicester To provide finonciol o5SlStonce for the purposes of edtjcation to students in Stoke-on-Trent ond Newcosile- under-Lyme through the ollocation of bursories. Mo Chaudry Fund A private endowment fund to support commvnity sports couses. and to offer ossislonce to oihletes with potentiol. New Communitles Resettlement Fund Funding for organisotions who are running projects which support Ukroinion retugee5 who are hosted under the Homes for Ukroine scheme. Plotform Hovsing To distribute gronts for warm spaces, food porcels/ bonks and toy projects in postcodes W511 ond WSI3. Roger Hinton Fund The fund is mode up of o small endowment and 4 porcels of land to the south side of Stofford. which ore rented out. The fund makes awards once per yeor, The income from the rentol of lond assets ore divided equolly between Staffordshire, Walsall ond Wolverhompton. The Staffordshire portion Is then divided between Slafford ond Lichfield. The awords are made based on nominated charities received from the ponel mèmbers for eoch of those areas. Rural Development Fund An endowment fund to support rurol communitie5 In Staffordshlre. Safer Streets Funding to support with issves ond solvtions which hove been identified by the local commLsnitu to tockle Antbsocial behovior with o porticulor focus on violence ogoinst women ond girls. SBC Small Gronts To support community Iniliatives across the Borough of Stafford. Small gront owords are avoilable to community ond volvntory groups and registered charities. SBC Sports Fund Stafford Borough Council funding lo supporting sportg clubs and promising sporting 1ndivdalS in Stofford. There Po9e 53
Docusign Envelope ID.. 62E0FE6&8FE542589cD-QS6E5O3D68EE Community Fovndotion for Staffordshire and Shropshire (fomierly known as The Community Foundation for Staffordshire) (A Company Limited by Gvarantee) Notes to the Financial Stotements For the Year Ended 31 March 2024 are 3 stronds to this progromme.. o cooching funof to ossist individuols within the Borough with the costs involved in underioking o coochino certificote. A Gronl Aid fund to svpport clubs with the cost of new equipment or improvements to their buildings or premises. A scholarship fund. to offer finonciol svpport to individvals who are in full lime educolion and compete at County Level ond obove. scvys To support youth reloted octivity across Stoffordshire. Shropshire. Telford and Wrekln Mental Health Fvnd As port of the NHS community Mental Heolth Fromework for Young oncl Older Adults (CNHF) model, oronts ore oworded to VCSE orgonisoiions supporting indlviduols with mentol heolth needs to be more involved in their own care ond support In North Shropshire, Central Shropshire. Telford ond Wrekin and South Shropshire. Sir Stonley Matthews Fovndotion Fvnd To suptiort people ocr055 Sloffordshire by providing access to sports training. Small gront owards ore avoiloble to community ond voluntary groups. ond registered chorilies. Southern Staffs Community Energy ro support renewable energy initiotives ond environmentol project5 In South 5taffordshire. Space Administiotion of Staflordshire's Commissioner's fund for fun ond educolionol activities for uoung people in Stofford5hire throughout the summer holidoys ond beyond. Stoke Winter Wormth Stoke-on-Trent City Council funding to support households In Stoke.on-Trent with their energy costs. and those hoving to choose between "heoling ond ecstlng" Support Staffordshire To support the voluntorg sectar in Stuffordshire, either through the direct provision of ortsnts, Ihrough the focilitotion of bursoru puyments to enoble organisotions to occess copocity building svpport. or anu other pvrpose for the benefit of the communities of Sloffordshire. Swonswoy Community Fund The fund aims lo support the communities of Staffordshire. There Is a porticular focus on supportlng children ond fomilies in need. The fund will olso prioritise groups who are supporting those who ore homeles5 or ot risk of becoming homeless. SWEF To oword gronts to young people In Sloffordshire or Shropshire who need support with business start up costs thot theg would otherwise not be able to offord. Tobitho Trust A privotely held endowment fund that is lo support o range of covses such as mentol health. refugee 5eiilement ond the odvoncement of educotion of girls csnd young women. Topcoshbock The aim of the Topcoshback Sustoinobility Fund is to bring beneflt to orgonisotions ond Indlviduols working Poge 54
Docuslgn Envelope ID- 62EOFE6>BFE54250-89CD4)56B503068EE Commvnlty Foundotlon for Staffordshire und Shropshlre (formerly known as The Community Foundatlon for Staffordshire) (A Company Limited by Guarantee) Notes to the Flnonciol Stotements For the Year Ended 31 March 2024 ocross Stoffordshire. Awtsrds should be mode for the purpose of sustoinino environmental ond nolurol environment octivities within the community, The activity should alm to engoge people to improve healthy Ilvlng pursuits. Vg5t Fund To help lo provide copaclty building support to orgonisalions in Staffordshire. Bursaries ore made availoble to commvniiy and voluntary groups. ond registered chorities. Warm Ploces funds To support ond promote the provision of o network of worm and welcoming spaces for anyone In our community to go to on o regular basis. A 'Warm Spoce. provides o sofe. heoted spoce thot offers people o period of relief preferably local to them in thelr loccsl communities with the opportunity of hoving a worm meol. Current areas include. Connock Chose, East Stoffordshire. South Stoffordshire, Stofford and Tomworth We Love, fvnds A ronge of unrestricted place-bosed funds covering every orea of Stoffordshire ond Shropshire, thot will provide support to communlty groups who ore providing o facility or ¢Jctivity f or their local community. Current oreos include.. Burton- We Love Burton Connock Chose (whole district) - We Love Cannock Chase Lichfield (whole district) We Love Lichfield Newcostle-under-Lyme (whole borou9h)- We Love Newcastle South Stoffordshire (whole district) We Love South Stuffordshire Stofford (whole borough) - We Love Stafford. morketed ojs 'Stofford Togeiher, Staffordshire (whole county) - We Love Stoffordshire Stoffordshire Moorlands (whole district) ~ We Love The Moorlands Stoke-on-Trent (whole city)- We Love Stoke-on-Trent Tamwonh (whole borou9h) - We Love Tamworth Uttoxeter - We Love Uttoxeter Whittington & Fisherwick Fund To support individuols in need ond community octivitu in the parish of Whittington and FishÈrwlck, within the Llchfield district. Small grant awards are ovolluble to individuals. community ond voluntory groups. Winter Wormth Staffordshire County Covncil funding to svpport households In Stoffordshlre wiih their energy costs. ond those havin9 to choose between'heoting ond eating" Youth Endeavour Fund To support young people who moy need to overcome o f inoncial barrier to reoch iheir full potentlol or odvonce their educotlon. sociol or emotional development. Smoll grunt owards ovailoble to individuols. Page 55
Doeusign Envelope ID.. 62EOFE6&BFE54250-89Ct>OS6BSD3D68EE Community Foundotlon for Stoffordshlre and Shropshlre (formerly known as The Communlty Foundatlon for staffordshire) (A Company Llmited by Guorontee) Notes to the Finoncigl Stotements For the Yeor Ended 31 Morch 2024 21. Analysis of net assots between funds Analysis of net assets between funds- current period Vnrestrirted funds 2024 Restricted Endowment funds fvnds 2024 2024 Total funds 2024 Tangible fixed ossets Fixed asset investments 488,604 488,604 7.346,514 7.346.514 Investment property Current 05sets 1.464,869 1,464,869 (1.610.915) 3,885.553 1.921.803 4.194,221 Creditors due within one yettr (145,612) (145.612) Total 196,946 3,883.333 9,268,317 13,348,596 Analysis of net ossets between funds - prlor perlod Unrestricted funds 2023 Restricted Endowment funds funds 2023 2023 Tolol f unds 2025 Tongible fixed ossets Flxed osset Invegtments 204,943 204,543 6,900,748 6,900,748 Investment property Current assets 943.333 943,333 (836.218) (82,163) 2.441.917 1.071.074 2.676.773 Creditors duè within one year (82.163) Total 229,495 2,441,917 7.971,822 10.643.234 Poge 56
Docusign Envelope ID.. 62EOFE63-BFE5425(k89CU.056B5D3D68EE Commynlty Foundotion for Staffordshire ond Shropshlre (formèrly known as The Community Foundation for Stoffordshire) (A Company Limited by Guorantee) Notes to the Finoncial Stotements For the Year Ended J1 March 2024 22. Reconcillotion of net movement in funds to net cosh flow from operating uctivities 2024 2023 Net income for the period (os per Stotemenl of Financiol Activities) 2.705.362 1,321.732 Adjustments for.. Depreciotion chorges (Gains)/Losses on investments Dividends, interests ond rents from investments Decreose/(Increose} in debtors Increose/(decreose) in creditors Decreose/(increose) in assets held for sole 14.831 4,215 (668.411) 361.607 (208.246) 0,245.695) 65,H9 (185,035) 460.896 (348,306) (540.000) Net cosh provlded bu operating octivitles 661.290 1.077,109 23. Analysis of cosh and cash eqvlvolènts 2024 2025 Cosh in hand 2.330,682 2.168,389 Totcjl cash ond cash equivalents 2.330,682 2.168.389 24. Analysis of changes In net debt At 1 April 2023 At 31 March 2024 Cosh flows Cosh ot bonk and in hand 1168,389 162.293 2.330.682 2.168.389 162.295 2.330.682 Page 57
Docusign Envelope ID.. 62EOFE63-BFE542SO-89CD-056B5D3D68EE Commvnity Foundcrtion for Staffordshire ond Shropshire (formerly known as The Communsty Foundation for Staffordshire) (A Company Limlted by Guorantee) Notes to the Financial Statements For the Year Ended 31 March 2024 25. Pension commitments The Community Foundotion operates a defined conlribvtlon pension scheme The ossets of the scheme ore held seperotely f rom those of the Community Foundation in on independently odministered f und. The per)gion cost chorge represents contributions poyoble by the Communlty Foundotlon to the fund and omounted to £13.594 (2023 - £12,018) Contributions totolling £NII {2023 £1.170) were payoble to the fund ot the bolonce sheet dote and are Included in creditors. 26. Related party tr¢nsoctions Durlng the yeor the chorily made the following reloied porty tronsoctions.. VAST Servlces (1920) VAST Services (1920) wos one Df 16 members of the Community Fovndolion for Stoffordshire ond Shropshire during the finonciol year. During the yeor the Community Foundation for Stoffordshire and Shropshire made purchases of £Nil (2023. £Nil) from VAST. while gronts totalling £55.094 (2023 £37.000) were poid to VAST At the bolonce sheet date the amount due to VAST Services 0920) wos £Nil (2023.. £Nil). scvys SCVfS wos olso a member of th,e Community Foundolion for Staffordshire and Shropshlre during the flnancial year. Gronts totolling £Nljl (2025.. £59.664) were paid to SCVYS Durino th2 yeor rentDI income totolling £4.200 (2023.. £Nil) was received from SCVYS. At the balonce sheet dote the omount due to/from SCVYS was £Nil (2023.. £Nil) Support Stoffordshire Support Stolfordshire was olso o member of the Commvnily Fovndotion for Stoffordshlre and Shropshire during the financiol yeor. Grants totalling £Nil (2023.. £5.000) were pold to Support Staff ordshire. At the bolonce sheet dote. the omount due to/from Support Stoffordshire wos £Nil (2023.. £Nil). S5mon Price (Trustee of the Communilu Foundotion for Stoffordshire ond Shropshire ond Oirector of Arthur Price & Co Limited) Simon Price mode donotions to the charity of £1.563 (2023.. £1.176). Al the balonce sheet dote the amount due to/f rom simon Price was £NIl (2023.. £NIl). Ford Green Holl Museum (N Dowson o member of the Community Foundotlorn for Stoffordshire and Shropshire ond o trvstee OF Ford Green Hall Museum during the year). Ford Green Holl Museum was given o grant of £NII (2023.. £600) Al ihe bolaD.ce sheet dote the omovnt due to/from Ford Green Holl Museum wos £Nil (2023.. £Nil). Page 58
Dowsign Envelope ID.. 62EOFE6&BFE5425049CD-05685D3088EE Community Foundotlon for Stoffordshire and Shropshire (formerly known as The Community Foundation for Staffordshirè) (A Company Limlted by Guarantee) Notes to the Flnonciol Statements For the Year Ended 31 March 2024 26. Reloted porty tronsoctions (tontinued) Signposts Stofford (C Almond o Irvstee of the Community Foundation for Staffordshire and Shropshire ond o director of Signposls Stafford). Signposts Stafford were glven a gronl of £Nil (2023.. £1.750}. Al the bolonce sheet date the omount due tD/f rom Signposts Stafford was £NIl (2023. £k4il). Rising Brook Baptist Church (C Almond o Irustee of the Community Foundotlon for Stoffordshire ond Shropshire ond o trustee of Rlsing Brook Boptist Church). Rising Brook Boptist Church were given o grant of £Nil (2023.. £6.750). At the bolonce sheei dote the omount due to/f rom Flising Brook Baptist Church was £Nil (2023.. £NIl). Jeremy Lefroy (Trustee of the Community Foundation for Staff ordshire ond Shropshire and Director of Kukho UK Lid). Jeremy Lef roy mode donations to the charity of £576 (2023.. £NII). At the bulance sheet dote the omount due lo/from Jeremy Lefroy wos £NIl (2023 £NIl). Judy Scott Moncrieff (Trustee of the Community Foundotion for Stoffordshire and Shropshire and Director of Bosford Green Limited) Judy Scott Noncrieff made donotions to the chDrity of £2,360 (2023". £Nil). At the balonce sheet date the omount due to/from Judy Scott Moncrieff wos £Nil (2023: £Nil). Alan Ovrose (Trustee of the Community Foundation for Stoffordshire and Shropshire ond Director of Cofnmunity Advice Service Limited) Alan Durose mode donotions to the chority of £4.032 (2025.. £Nil). Al the balance sheet dote the amount due to/from Alan Durose was £Nil (2023.. £Nil). Page 59