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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 04652487 (England and Wales) REGISTERED CHARITY NUMBER: 1096779

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2023

for The Community Council of Shropshire

operating as Community Resource

Caerwyn Jones Chartered Accountants and Statutory Auditor Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

The Community Council of Shropshire operating as Community Resource

Contents of the Financial Statements for the year ended 31 March 2023

Page
Reference and Administrative Details 1 to 2
Report of the Trustees 3 to 22
Report of the Independent Examiner 23 to 24
Statement of Financial Activities 25
Balance Sheet 26 to 27
Cash Flow Statement 28
Notes to the Cash Flow Statement 29
Notes to the Financial Statements 30 to 49

The Community Council of Shropshire operating as Community Resource

Reference and Administrative Details for the year ended 31 March 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 04652487 (England and Wales)

Registered Charity number

1096779

Registered office

4 The Creative Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Trustees

Mr HED Strickland (Chair) Mr R Amos Mr S Broad Mrs NJ Cooper Ms R Henley Mr C Johnson Mr M Thorn Mrs L Pearson Mr J Howick (resigned 14 June 2022) Dr H Paterson (resigned 23 November 2022)

Senior Management Team

Mrs B Baxter, Chief Executive (appointed 5 September 2022) Mrs J Baron, Chief Executive (retired 30 September 2022) Mrs S Homden, Head of Finance Ms S Chalk, Head of Service (Well-being and Care) (appointed 25 April 2022) Mrs K Harrison, Marketing and Communications Manager Mrs S Teece, Fundraising Manager

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The Community Council of Shropshire operating as Community Resource

Reference and Administrative Details for the year ended 31 March 2023

Independent Examiner

Caerwyn Jones Chartered Accountants and Statutory Auditor Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Bankers

NatWest London EC3P 3HX

Investment Managers

James Hambro & Partners LLP 45 Pall Mall St. James's London SW1Y 5JG

CCLA Investment Management Senator House 85 Queen Victoria Street London EC4V ET

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report together with the financial statements of the Community Council of Shropshire (operating as Community Resource) for the year 1st April 2022 to 31 March 2023. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Since the charitable company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director’s Report) Regulations 2013 is not required.

The charitable company also trades under the name Community Resource.

Objectives and Activities

A. Policies and objectives

Community Resource is a charitable company limited by guarantee. It was set up by a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.

The Objects as set out in the governing document are:

The main activities undertaken in relation to these purposes are:

B. Activities for achieving objectives

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the charity commission relating to public benefit and in particular to its supplementary public benefit guidance.

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

About Community Resource

Community Resource (formerly known as Shropshire RCC) is a charity that is committed to making life better for people and communities facing challenges in Shropshire, Telford & Wrekin. We help people to maintain their health and independence, give grants to those in need and work with local groups so they can help their own communities to thrive.

There is no doubt that residents of Shropshire, Telford and Wrekin face challenges such as isolation, digital exclusion and health inequalities, increased in many cases by the rurality of our geography. Through our work we reduce the impact of some of these challenges so people can live happier and healthier lives. With a demonstrated history of supporting communities, we aim to continue this through:

OUR VISION

Strong, local communities where everyone gets the support they need.

OUR MISSION

Enabling people to enjoy a good quality of life and empower people to help their communities thrive.

Our remit across Shropshire, Telford and Wrekin continues to be diverse and is focussed under the following three key areas:

Wellbeing & Care

We support people to stay active and connected to their communities and to maintain their health and independence, so they live life to the full. We do this through a range of community-based projects with the help of a team of local and committed volunteers.

Community & Support

We work with voluntary groups so they can help meet the need in their local area, enable local people to improve their work prospects through access to transport and support rural communities to access competitive heating prices through our Oil Buying Club.

Funding & Advice

We connect people who care with causes that need their help through our community fund, offer guidance to households to help them save energy and keep warm and provide advice to local meeting places and groups through our membership scheme.

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Total number of Number of Wellbeing sessions/visits/events & Care event delivered: attendees: 1,782 534

Number of volunteers supporting/delivering services:

59

Total number of volunteer hours donated: 6,534

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

The Wellbeing and Care team, alongside volunteers, deliver a tremendous amount of work. This includes work under the Wellbeing and Independence Partnership Services (WIPS) contract, as well as several other services with a variety of funding streams, and a new falls prevention pilot that was introduced in late 2022, which Community Resource was proud to support. The pilot meant additional work could be delivered alongside other preventative voluntary and community services across Shropshire, Telford and Wrekin that supported people to remain at home and reduce the likelihood of needing to access emergency services and longer-term care following a fall.

Functional Fitness MOTs (FFMOTs) are events where a series of seven physical function tests are conducted with attendees to give an indication of balance, strength, and flexibility in people aged over 60. The tests give people the opportunity to understand any issues they might be experiencing and discuss changes that can be made to their lifestyle to benefit them now and in later life. Information is also provided on how to reduce the risk of falling, with a demonstration of how to get up from the floor after a fall.

Most events also include a free exercise class taster of around 30 minutes to encourage participants to join in to stay healthy and active. This can reduce the “unknowns” of trying a new exercise class, which is a common barrier to people attending. Meeting the tutor at a taster event can also encourage people to sign up for a local class.

Following an FFMOT, people are asked on the feedback/evaluation form they complete whether they would like to receive emails with follow-up information.

There were 534 attendances at the highlighted events in the chart above, 46% of these were at FFMOT followed by 25% at falls prevention events, a great reach and impact for the preventative work and falls prevention pilot.

Alongside this work the Wellbeing and Care team also deliver several services to further support people in the community. Staff and volunteers continue to run social groups for those who are potentially at risk of becoming socially isolated:

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

A network of volunteers supported by the Shrewsbury and Telford Hospital NHS Trust Audiology department provide local hubs and/or home visits where needed to support those with hearing impairments. This is particularly effective as many of the volunteers delivering this project have lived experience and can offer additional support through an empathetic delivery and understanding of what is needed.

Finally, as part of our volunteer representative service in compliance with the Deprivation of Liberties Safeguard Regulation (DoLS), dedicated volunteers are helping individuals residing in care homes. Their primary goal is to safeguard the rights of each individual they are linked with to ensure that any existing orders in place are not infringed upon.

Key statistics from the programmes are shown below:

----- Start of picture text -----
Care & Share DoLS
No. of group sessions 72 No. of visits 1,000
No. of attendees at
528 No. of volunteers 22
group sessions
No. of volunteers 4 Volunteer hours given 2,820
No. of 121 support
Volunteer hours given 288 30
sessions with vols
No. of staff supporting 2 No. of staff supporting 1
Sight Loss Support Hearing Loss Support
No of group sessions 38 No. of hub sessions 106
No. of people signed No. of attendees at
47 1,021
up for groups hubs
No. of volunteers 5 No. of home visits 480
Volunteer hours given 192 No. of volunteers 21
No. of staff supporting 2 Volunteer hours given 2969
No. of staff supporting 3
Musketeers & Maidens
No. of group Sessions 50
No. of attendees at
5
group sessions
No. of volunteers 0
Volunteer hours given 0
No. of Staff
1
supporting
----- End of picture text -----

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Number of people in the community supported by Good Neighbours Schemes: 484

Number of support hours 604 Good Neighbours volunteers donated: 5,998

Amount of oil ordered for Oil Buying Club members: 684,400 litres

Amount the Oil Buying Club has saved its members: £41,181.66

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

The Oil Buying Club continues to support access to affordable fuel to those who live in rural communities in “off gas” areas, which in many cases results in significant reductions in the cost of heating oil for those households. The Oil Buying Club is delivered with the support of volunteer community coordinators who collect orders from their neighbours and send them through. Community Resource then brokers the best price on behalf of club members.

There was 29 volunteer coordinators who donated 696 volunteer hours to support their communities to access more affordable fuel.

Good Neighbours schemes are formed and run by volunteers to offer a helping hand to those in their community. Volunteers are matched with local people who need help with tasks such as driving, gardening, and shopping. Community Resource has continued to provide support with initial set up, and ongoing support through the provision of information and training.

Over the last 12 months Good Neighbours schemes have provided 5,998 volunteer hours of support to their communities, through the support of 604 volunteers, resulting in a social value figure of £101,546.14.

During this reporting period, the Voluntary and Community Infrastructure Support team has continued to offer services to address local needs. Core services offered are listed below:

The increased demand within the VCS in Shropshire for ‘infrastructure support’ has demonstrated itself over the last twelve months with the team supporting over 180 organisations with advice and guidance. Many voluntary and community organisations have been revisiting their operating models and governance following Covid-19 and the cost-of-living crisis. The VCS in Shropshire has relied heavily on the services provided, with a need for support on developing new strategies to grow their services, individuals who want to start new groups but need funding and further support to do so, as well as advice on supporting committees and trustee succession planning.

Since the inception of the team at the end of 2021, demand for funding support, advice and guidance has steadily risen. The impact of the pandemic cannot be underestimated, with many groups finding a shortfall in their income as they have been either unable to deliver their services or had to scale down due to Covid-19 restrictions.

Over the last 12 months funding and grant support delivered by the team has resulted in £90,900 being successfully awarded to community groups and organisations. This has been from a range of external funders, with grants ranging from £1k to £18k. The team has been agile and focused on sourcing and securing funding/funders and ensured applications met the criteria to be successful.

Training throughout the year has remained steady with a choice of 64 courses made available. Attendees have come from both existing and new groups.

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Commitment to deliver volunteer and group specific training is paramount to the team’s offer, as is flexibility of approach. Bespoke training packages to meet need, such as training on safeguarding and unconscious bias to support the homes for Ukrainians scheme, has also been vital to the team’s success. There are now two new training volunteers who support the team with this delivery model. Developing this bespoke training offer is a priority for 2024.

The volunteering landscape across the VCS in Shropshire remains difficult. Many organisations lost volunteers during the pandemic that have not been replaced. The team has worked collaboratively with its partners to plug these gaps.

The volunteer engagement work that the team has undertaken over the past 12 months has changed quite significantly with the downsizing of the Covid-19 Vaccination Programme and the need for vaccination volunteers. There has been significant success in finding these ‘legacy vaccination volunteers’ other fulfilling volunteer roles in their local communities.

Over the last 12 months the volunteer brokerage service has been able to record and support 7,000 volunteer hours, resulting in a social value figure of £118,510.

The charts below show the increased demand for infrastructure services and support:

----- Start of picture text -----
Number of support type for groups & New areas targeted for service delivery and
organisations (total of 246) support
80 58 61 64 63 1210 10
60
8
40 31 32 27 6 5
19 4 2
20 1 1 1 1 1 1 1 1 1 1 1
2
0 0
Support & Volunteer Training Funding &
Advice Brokerage Grant
Support
2021/2022 2022/2023
Clun
Acton Albrighton Bishop Castle Bucknall Derwen Eaton… Llamymynech Lyneal Northwood Shawbury St Martins Whittington Welsh Frankton
----- End of picture text -----

----- Start of picture text -----
Comparison of support by area for 2021/22
and 2022/23
42
50 10 10 2 [4] 11 13 3 [7] 2 [5][31] 11 24 24 22 13 [10] 5 13
0 2021/2022
2021/2022 2022/2023
----- End of picture text -----

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Number of households Funds distributed supported through through Household Household Support Support Fund grant Fund grant distribution: distribution: £101,000 235

Number of organisations supported through the distribution of grants:

Value of grants awarded to organisations: £72,242

39

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Once again Shropshire Council commissioned Community Resource to deliver a programme of small grants to households in fuel poverty from the Household Support Fund, which was of paramount importance this year as the country felt the effects of the cost-of-living crisis, exacerbated in Shropshire by rurality and the additional cost households face associated with increased travel, reduced access to services and the lack of competitive pricing available in more urban areas.

Households that have found it challenging to afford the increasing cost of energy prices have also benefitted from the bulk ordering through the Oil Buying Club where, through the Household Support Fund, it was possible to order and pay for oil for those who would have otherwise had to go without.

----- Start of picture text -----
Total value of awards split by household composition
Households Households Households Other Total amount
with children with pensioners with a disabled households, provided to
person (included those vulnerable
with disability until households
Oct 22)
No. of grants 33 30 35 98
(Apr -Sept 22)
Value of grants £20,000 £17,500 £12,500 £50,000
(Apr -Sept 22)
No. of grants 50 23 40 24 137
(Oct 22 – Mar
23)
Value of grants £20,152.24 £8,490.07 £14,889.85 £7,467.84 £51,000
(Oct 22 -Mar
23)
----- End of picture text -----

In addition to this, since 2011 Community Resource has invited people in receipt of the Winter Fuel Payments to donate them for use for households who are experiencing fuel poverty. This year the Fundraising Manager was able to raise £26,509, a £4,000 increase from the previous year. Grants distributed from the fund in this period totalled £22,180. The generosity of donors has been overwhelming given the current economic climate and cost of living crisis.

The advice service provided for community buildings is supported by our hard-working and long-standing volunteer Graham Betts, who this year donated 523 volunteer hours. The work undertaken and service provided has been phenomenal and can be seen in detail below. Graham and the network of village halls also receive support from the national body ACRE, of which Community Resource are members. They continue to provide support on rural issues to Community Resource and 37 other rural community councils (RCCs) in England. Graham has also represented Community Resource at ACRE’s annual village hall conference and has also become an established source of support for many RCCs supporting village halls and community buildings.

Village hall and rural community council support Village hall and rural community council support
Total number of times halls supported 167
Total number of village halls enquiries 226
Total number of times other RCCs
supported		 51
Total number of RCC enquiries 66

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Another example of Community Resource’s support in the community is through the management and distribution of grants to a range of local community organisations, charities, and not-for-profit organisations. These grants include:

Shropshire Community Fund: Community Resource continues to offer small grants to groups to support their work through funds available either from the yield from our endowed funds, or through grant schemes operated on behalf of others.

Recover and Grow Scheme: The aim of the Recover and Grow Grant Scheme is to give continued support to smaller, local not-for-profit and community organisations to help them recover from the negative impact of Covid-19 and encourage new ways of working, which will help them to be more resilient and effective going forward. Grants between £500 and £5,000 are available with priority given to smaller groups and organisations that can evidence where the impact will be greatest.

Grow and Thrive: Funded by Shropshire Council through the Contain Outbreak Management Fund (COMF) the aim of the Grow and Thrive Grant was to give continued support to VCS groups and organisations providing a diverse range of community support post-pandemic. This was also to encourage new ways of working which would help them to be more resilient, to grow and to thrive, boosting public involvement in community activities through training and learning, and expanding the opportunities to volunteer, create new initiatives, source, and secure external funding opportunities, and meet identified need. Groups could apply for up to £5,000.

Millichope Community Buildings Fund: This is a fund for the benefit of community buildings in Shropshire. The fund provides small grants of up to £500 to enable village halls and community centres to purchase items of equipment to help meet the needs of their local community.

Shropshire Grassroots Fund: This fund aims to build the capacity and sustainability and support for small voluntary and community groups and organisations (grassroots groups). Grants up to £500 are available to small grassroots community and voluntary groups in Shropshire which have an annual turnover of less than £50,000 per annum. The fund prioritises applications which can demonstrate long term benefit for organisations to help them grow and develop.

Twemlows Community Energy Fund: Funding from profits arising from the sale of electricity created by a solar farm at Twemlows makes up this fund. Grants up to £1,000 are available to community and voluntary groups that are based within 15 miles of Prees in Shropshire.

----- Start of picture text -----
Distribution and value of grants awarded
Value No of grants
Millichope Community
£1,506 4
Buildings fund
Shropshire Grassroots Fund £3,000 6
Recover and Grow Scheme £21,250 6
Grow and Thrive Scheme £29,777 8
County Community fund £1,511 3
Twemlows Community
£5,417 7
Energy Fund
Community First - Mid
£9,780 5
Counties Co-op
Totals £72,242 39
----- End of picture text -----

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Future Focus

In January 2023, the organisation undertook a period of evaluation, review, and reflection, looking to the future while also wanting to build on the existing strengths we already have. As a result of this, a new five-year strategy has been devised that articulates and brings to life the values that already exist and drive what we do and why we do it. This strategy will be released in autumn 2023.

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

The core aims of our strategy will be to:

Demonstrate a difference.

Those who already engage with our services face a multitude of challenges, alongside this the rurality of many of our local communities means there are significant inequalities being faced. We will be working hard to support people to face and minimise the impact of the challenges they are facing through listening and continuously reviewing and developing service provision by knowing and understanding the communities we serve.

Listening to meet both individual and community need more.

Collaborate for change.

We will all be engaging more with those we support, the people and organisations that help us and the people we can influence. We will build on existing partnerships and develop new ones, allowing greater reach to provide support to those who need it. We will make sure our knowledge and expertise continue to grow and develop, we will also share what we know and learn.

Together we will achieve more.

Invest for impact.

The resilience and ability to adapt that we have shown over recent years has allowed us to grow and evolve in ways we had not previously considered. From this we have learnt that the way forward is to consider the impossible and look for innovative ways to work and by investing in our people.

We also know that we need to future-proof our charity, investing in systems and best practice processes to ensure we are well placed to maximise use of our resources to exceed the expectations of the communities we serve.

Building resource to reach more.

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Below the strategy overview is available for review and the full strategy will be available on the Community Resource website in autumn 2023.

----- Start of picture text -----
Aims Goals 5 Year Priorities
Delivered services developed
Active, healthy, and independent from Community Needs Analysis
people Develop a high level of impact
measurement and reporting
County wide infrastructure
support to community
Demonstrate a difference Connected community
organisations enabling
organisations
community led change and
support
Increased rural services to
Robust rural services support community health &
wellbeing
Increased reach & impact
Know and grow stakeholders
through partnership working
Effective partnerships and
Influencing policy and advocating collaboration with statutory &
Collaborate for change for change commissioning bodies and other
agencies
Thought leaders in rural &
Be the go-to charity for rural and
community issues
community services
Strong brand recognition
Cloud based organisational
systems – transparent
Digital transformation – up to communications & working
date systems and practice methods
Benchmarking and quality
assurance across the organisation
Strong people strategy (staff &
Invest for impact volunteers) – to recruit, support,
Have the right team
develop and retain the best staff,
volunteers, and partners
Multiple income streams
developed and implemented
Diverse and sustainable income
Supporters who share our view
generation, ambitious for growth
and can see the difference they
can make
----- End of picture text -----

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

FINANCIAL REVIEW

High inflation, a rapid increase in interest rates, and the impact of these on investment performance alongside an increase in our charitable services due to the ongoing cost of living have led to a challenging financial year.

Despite these challenges the Board has continued its programme of designated investment in its staff, services and information systems and the £50,969 reduction in unrestricted funds, before unrealised investment losses, includes £62,000 of designated investment.

Despite an in-year reduction in funds the charity continues to have a healthy balance sheet with strong reserves and good cash balances.

We are very grateful for the financial support we have received for our charitable work from Trusts and local charitable associations. As well as the many individuals who have donated to our work, including our Winter Warmer Appeal.

Securing the financial future of our charitable work remains the highest priority and we continue to work in partnership with other local organisations to best meet the needs of our current and future beneficiaries.

a. Going Concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

b. Reserves Policy

To protect the charity from serious disruption to its charitable work it is the policy of the Board to build up free reserves as part of its strategic planning. An assessment of the stability and certainty of future income sources forms an important part of the Board's assessment of risk and feeds in to both the budget and reserves policy.

To ensure the charity can meet its contractual liabilities in the event the organisation has to close the charity holds a designated 'continuity fund' which covers specific liabilities that would need to be met if extreme events, most likely an unsustainable reduction in funding were to force the charity to close down. This includes 12 months mortgage payment on the current variable rate, the net value of any outstanding lease agreements and staff redundancy costs based on the current staff establishment.

As a large part of our income is insecure, or vulnerable to factors outside of our control the Board aims to hold sufficient reserves to:

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Following a review of the above criteria in the context of an evaluation of the Charity's current short and longterm financial risks, the Board have agreed it should aim to hold 'free reserves' of £242,000.

At 31[st] March 2023 the charity's free reserves were £357,847 (2021-22: £364,801). The Board have agreed not to commit the funds to charitable programmes at this time, but to assess the most beneficial and sustainable use of these funds on completion of the planned charitable needs analysis and strategic review due to be completed in 2023-24.

c. Material Investments Policy

The charity’s investment policy is based on the Charities and investment matters: a guide for trustees (CC14), produced by the Charity Commission for England and Wales.

d. Investment Objectives

All investments are made to further the charity’s aims. The charity has three main investment objectives:

(i) To invest the unrestricted surplus funds of the charity, not needed in the short or medium term, in a managed investment portfolio designed for longer-term capital growth. The aim is to achieve the best financial capital growth, within an acceptable level of risk, to spend on the charity’s longer term organisational aims.

(ii) To invest sufficient funds required for use in the short or medium term in easily accessible cash-based deposit funds.

(iii) To invest the grant making endowment funds of the charity, in managed investment portfolios. These are designed to produce an investment yield to distribute as grants to community and voluntary groups and/or individuals, in accordance with the criteria of the individual named fund, and to provide long-term capital growth. The aim is to achieve a balance between capital growth and income returns, to meet both the current and future needs of the charity’s beneficiaries.

e. Investment Time Frame

The charity’s investments can be both short and long-term.

Endowment funds and unrestricted surplus funds of the charity not needed in the short or medium term are held in longer-term investments.

Restricted funds and unrestricted funds needed in the short-term are held in interest bearing short-term deposits or held on in account with instant access.

To be able to react to unplanned events all unrestricted funds held in investments are capable of withdrawal with no more than 12 months’ notice, unless otherwise agreed by the Board. The Board understand that this may negatively impact upon potential returns or incur penalties upon encashment.

f. Investment Risk

In setting the investment objectives the trustees have considered the level of risk that is appropriate

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

for the charity and the management of those risks.

Due to the potential risk to capital and the liquidity need restricted funds and those funds needed for short or medium needs are not held in long-term investment funds. A drop in capital value for funds invested in the longer term is less critical because such investments can be held until their value has recovered.

Capital risk in long-term investments is mitigated by having managed diversified investment portfolios.

Market risk is managed by being aware of changes in inflation and interest rates and substantially investing in markets where financial services are closely regulated, and compensation schemes are in place.

Counterparty risk is managed by:

Cash deposit risks are managed by:

Short-term investments

Short-term investments include deposit accounts held with FCA registered financial institutions with a maximum of 12 months’ notice. The charity uses the Bank of England base rate as a benchmark to measure the performance of its short-term cash investments.

In 2022-23 the charity received £3,386 (2021-22: £1,616) in earned interest from these deposits giving an overall interest return of 1.0% compared to the Bank of England averaged Base Rate over the year of 2.35%.

Long-term investments

Independent investment managers manage the long-term investments of the charity – James Hambro and Partners appointed following a competitive tender and CCLA Investment Management Limited.

The charity uses the ARC benchmarks which take data from discretionary fund managers and provide an average performance return for difference objectives and risk categories to monitor the performance of its long-term investments.

Investment performance has been challenging and unrealised investment losses of £49,822 (2021-22 £81,663 unrealised gain). The total return for the financial year was (-£29,374) (-1.73%) (2021-22: £94,721 (5.64%).

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The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Structure, governance, and management

a. CONSTITUTION

Community Resource is a charitable company limited by guarantee. It was set up by a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. The Board of Directors consists of the Trustees all of whom are individual members of Community Resource.

Community Resource is an independent charity but affiliated to the national charity Action for Communities in Rural England (ACRE). ACRE acts as the managing agent for the money received from Defra.

b. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES

Trustees are recruited through a variety of methods including advertisement, personal contacts, and networks. The appointment process includes completion of a formal application form, a meeting with the Chief Executive, and an interview with a small panel of existing Trustees. If suitable, Trustees are invited to appoint the prospective Trustee for the period until the AGM, when they stand for election.

All Trustees are elected by the wider membership at the Annual General Meeting for a period of three years and retire in rotation, one third each year as specified in the Memorandum and Articles of Association. One of the Trustees is appointed by them as Chair for a period of three years.

c. POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES

All members of the Board give their time voluntarily and receive no benefits from the Charity. Any incidental expenses to enable Trustees to attend meetings are reimbursed if requested.

Trustees receive induction which includes time with each of the teams and the senior managers. As part of their induction, new Trustees are given a copy of the Trustees Handbook which is regularly updated. This loose-leaf folder contains information about the role and responsibilities of Trustees as well as copies of organisational policies and procedures, a copy of the Annual Review and the Memorandum and Articles of Association.

Trustees have access to training locally and nationally. Any expenses incurred to attend training are reimbursed by the charity.

d. ORGANISATIONAL STRUCTURE AND DECISION MAKING

The Board this year has met eight times, previously themes were adopted for each Board meeting with the new CEO in post this has changed slightly towards the end of 2022/23 in preparation for the next financial year. In 2023/24, there will be seven board meetings across the year, with an end of quarter focus within four of these, two will be focussed on Governance and Risk and a final one where the focus will be a presentation of the achievements of Voluntary and Community Infrastructure Support team.

The AGM is traditionally held in November. This year it was an in-person event with a celebration of the volunteers that support the services provided by Community Resource. Volunteers were thanked and there was a presentation of awards made by the High Sheriff of Shropshire 2022-23, Selina Graham.

Page 20

The Community Council of Shropshire operating as Community Resource

Report of the Trustees for the year ended 31 March 2023

Day to day operational decisions are taken by the Chief Executive and the staff team, within the delegated authority conferred by the Board.

During the year charity was supported by 106 volunteers who gave approximately 8,628 hours (2021-22: 1,480 volunteers, 44,205 hours). Of these volunteers ten were directly involved in the governance of the charity. In addition, through our volunteer brokerage service we helped communities and voluntary groups in Shropshire secure a further 7,000 volunteer hours. It must be acknowledged that the reduction in both volunteers and associated hours is accounted for in the downsizing of the Covid-19 Vaccination Programme and the need for vaccination volunteers.

TRUSTEES' RESPONSIBILITIES STATEMENT

The Trustees (who are also directors of the Community Council of Shropshire for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Trustees on 19[th] September 2023 and signed on their behalf by:

Mr HED Strickland, Chair

Page 21

Independent Examiner’s Report to the Members of

The Community Council of Shropshire operating as Community Resource

Independent examiner's report to the trustees of The Community Council of Shropshire ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of ICAEW which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Helen Pierce ICAEW Caerwyn Jones Chartered Accountants Emstrey House Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Date: 19[th] September 2023

Page 22

The Community Council of Shropshire operating as Community Resource

Statement of Financial Activities for the year ended 31 March 2023

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS
FROM
Donations and legacies
2
12,992
Charitable activities
5
Charities activities
37,127
Other trading activities
3
41,041
Investment income
4
14,933
Other income
-
Total
106,093
EXPENDITURE ON
Raising funds
6
66,399
Charitable activities
7
Strengthening our organisation
30,777
Well-being and Care
11,349
Community Support
37,945
Funding and Advice
10,592
Other charitable expenditure8
-
Total
157,062
Net (loss)/gain on investments
(26,294)
NET (LOSS)/INCOME
(77,263)
RECONCILIATION OF FUNDS
Total funds brought forward
1,295,295
TOTAL FUNDS CARRIED
FORWARD
1,218,032		 Restricted
fund
£
132,905
533,192
-
17,875
19,535
703,507
-
-
325,114
212,538
253,920
50,000
841,572
-
(138,065)
375,165
237,100		 Endowment
fund
£
163
-
-
-
-
163
3,906
-
-
-
-
-
3,906
(23,528)
(27,271)
988,195
960,924		 2023
Total
funds
£
146,060
570,319
41,041
32,808
19,535
809,763
70,305
30,777
336,463
250,483
264,512
50,000
1,002,540
(49,822)
(242,599)
2,658,655
2,416,056		 2022
Total
funds
£
483,510
664,938
42,141
23,917
453
1,214,959
65,101
46,231
244,752
267,422
220,914
-
844,420
81,663
452,202
2,206,453
2,658,655

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

Page 23

The Community Council of Shropshire operating as Community Resource

Balance Sheet 31 March 2023

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
15
576,450
Investments
16
693,819
1,270,269
CURRENT ASSETS
Debtors
17
15,523
Cash at bank
60,846
76,369
CREDITORS
Amounts falling due within
one year
18
(38,059)
NET CURRENT ASSETS
38,310
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,308,579
CREDITORS
Amounts falling due after
more than one year
19
(90,547)
NET ASSETS
1,218,032
FUNDS
22
Unrestricted funds
Restricted funds
Endowment funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
29,834
288,205
318,039
(80,939)
237,100
237,100
-
237,100		 Endowment
fund
£
-
948,744
948,744
-
12,180
12,180
-
12,180
960,924
-
960,924		 2023
Total
funds
£
576,450
1,642,563
2,219,013
45,357
361,231
406,588
(118,998)
287,590
2,506,603
(90,547)
2,416,056
1,218,032
237,100
960,924
2,416,056		 2022
Total
funds
£
588,516
1,757,323
2,345,839
149,832
454,465
604,297
(116,092)
488,205
2,834,044
(175,389)
2,658,655
1,295,295
375,165
988,195
2,658,655

Page 24

The Community Council of Shropshire operating as Community Resource

Balance Sheet - continued 31 March 2023

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 19[th] September 2023 and were signed on its behalf by:

.............................................

Mr H E D Strickland Chairman

Page 25

The Community Council of Shropshire operating as Community Resource

Cash Flow Statement
for the year ended 31 March 2023
2023
Notes
£
Cash flows from operating activities
Cash generated from operations
1
(5,349)
Net cash provided by operating activities
(5,349)
Cash flows from investing activities
Purchase of tangible fixed assets
(6,341)
Interest received
3,386
Net cash used in investing activities
(2,955)
Cash flows from financing activities
Capital repayments in year
(84,931)
Net cash (used in)/provided by financing activities
(84,931)
Change in cash and cash equivalents in
the reporting period
(93,235)
Cash and cash equivalents at the
beginning of the reporting period
454,467
Cash and cash equivalents at the end of
the reporting period
361,232		 2022
£
107,541
107,541
(33,230)
1,616
(31,614)
(19,669)
(19,669)
56,258
398,209
454,467

Page 26

The Community Council of Shropshire operating as Community Resource

Notes to the Cash Flow Statement for the year ended 31 March 2023

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2023 2022
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) (242,599) 452,202
Adjustments for:
Depreciation charges 18,408 46,004
Loss on investments 128,547 (378,258)
Profit on disposal of fixed assets (19,534) (453)
Interest received (3,386) (1,616)
Decrease/(increase) in debtors 104,029 (34,761)
(Decrease)/increase in creditors 9,186 24,423
Net cash provided by operations (5,349) 107,541
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.22 Cash flow At 31.3.23
£ £ £
Net cash
Cash at bank 454,467 (93,235) 361,232
454,467 (93,235) 361,232
Debt
Debts falling due within 1 year (18,955) (84,266) (103,221)
Debts falling due after 1 year (175,389) 175,389 -
(194,344) 91,123 (103,221)
Total 260,123 (2,112) 258,011

2. ANALYSIS OF CHANGES IN NET FUNDS

The notes form part of these financial statements Page 27

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements for the year ended 31 March 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial Instruments

The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Financial assets are derecognised when (a) a contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards or control of the ownership of the asset are transferred to another party.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

The notes form part of these financial statements

Page 28

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. For restricted projects, fixed asset depreciation is charged over the life of the project or the expected life of the asset, whichever is shorter.

Freehold Property – 50 years straight line Motor Vehicles – 2 to 4 years straight line Fixtures and Fittings – 3 to 5 years straight line

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

The notes form part of these financial statements

Page 29

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

2. DONATIONS AND LEGACIES

Donations
Grants trusts
Memberships
Government grants		 Unrestricted
Restricted
Endowment
Funds
Funds
Funds
2023
2022
£
£
£
£
£
8,931
62,055
163
71,149
381,603
250
19,850
-
20,100
55,552
3,811
-
-
3,811
5,190
-
51,000
-
51,000
41,165
12,992
132,905
163
146,060
483,510

Included within the income from donations and legacies was £12,992 attributed to unrestricted funds (2022: £346,798), £132,905 attributable to restricted funds (2022: £136,712) and £163 attributable to endowed funds (2022: £NIL).

3. FUNDRAISING AND TRADING ACTIVITIES

Fundraising events
Income from letting property
Other charity trading		 Unrestricted
Restricted
Funds
Funds
2023
2022
£
£
£
£
3,074
-
3,074
5,855
21,700
-
21,700
21,700
16,267
-
16,267
14,586
41,041
-
41,041
42,141

In 2023 £41,041 of the income from trading activities was attributable to unrestricted funds (2022: £36,841), £NIL attributable to restricted funds (2022: £5,300) and £NIL attributable to endowed funds (2022: £NIL).

The notes form part of these financial statements Page 30

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

4. INVESTMENT INCOME

Investment income
Bank interest		 Unrestricted
Restricted
Funds
Funds
2023
2022
£
£
£
£
11,547
17,875
29,422
22,301
3,386
-
3,386
1,616
14,933
17,875
32,808
23,917

In 2023 £14,933 of the investment income was attributable to unrestricted funds (2022: £8,057) and £17,875 attributable to restricted funds (2022: £15,860).

5. INCOME FROM CHARITABLE ACTIVITIES

Government grants
Trust grants
Primary purpose trading
Letting of non-investment property in
furtherance of charitable purposes
Fuel buying membership
Beneficiary chargeable services
Contracts & consultancy
6.
RAISING FUNDS
Raising donations and legacies
Seeking donations
Funding bids
Fundraising events
Tenancy costs
Charity trading costs		 Unrestricted
Restricted
Funds
Funds
2023
2022
£
£
£
£
-
461,074
461,074
564,983
-
37,062
37,062
29,352
7,182
4,570
11,752
7,411
7,095
-
7,095
7,131
9,579
-
9,579
8,644
-
16,323
16,323
18,565
13,271
14,163
27,434
28,852
37,127
533,192
570,319
664,938
Unrestricted
Endowed
Funds
Funds
2023
2022
£
£
£
£
20,405
-
20,405
18,668
20,641
-
20,641
22,831
7,303
-
7,303
2,475
13,011
-
13,011
11,467
324
-
324
920
61,684
-
61,684
56,361

The notes form part of these financial statements Page 31

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

Investment management costs
Portfolio management
Aggregate amounts		 Unrestricted
Endowed
Funds
Funds
2023
2022
£
£
£
£
4,715
3,906
8,621
8,740
66,399
3,906
70,305
65,101

In 2023 £66,399 of the expenditure was attributable to unrestricted funds (2022: £60,858) and £3,906 attributable to endowed funds (2022: £4,243).

7. CHARITABLE ACTIVITIES COSTS

Strengthening our organisation
Well-being and Care
Community Support
Funding and Advice		 Grant funding
Support
Direct of activities
costs (see
Funds
(see note 9) note 10)
Totals
£
£
£
£
24,605
-
6,172
30,777
264,972
-
71,491
336,463
208,066
-
42,417
250,483
55,311
188,607
20,594
264,512
552,954
188,607
140,674
882,235

In 2023 £90,662 of the charitable activity costs was attributable to unrestricted funds (2022: £103,632) and £791,572 attributable to restricted funds (2022: £675,686).

8. OTHER CHARITABLE EXPENDITURE

Well-being and Care Unrestricted
Restricted
Funds
Funds
2023
2022
£
£
£
£
-
50,000
50,000
-
-
50,000
50,000
-

The £50,000 was a grant received from the NHS, it was agreed that the charity would transfer the funding to the host company for a voluntary sector engagement and partnership lead post.

The notes form part of these financial statements Page 32

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

9. GRANTS PAYABLE

Well-being and Care
Community Support
Funding and Advice
GRANTS PAYABLE TO INSTITUTIONS
SIP VCO Support
Millichope Community Buildings Fund
Shropshire Grassroots
Community First End (Mid Counties Coop)
County Community Fund
VCOs – Twemlows Community Participation
Grow & Thrive Community Grant Scheme
Recover & Grow Community Grant Scheme
Shropshire Council CVS Infection Control Grants Programme
Shropshire Council CVS Isolation Grant Programme
CV19 Sculpture Appeal Fund		 Restricted
Funds
2023
2022
£
£
£
-
-
1,760
-
-
15,989
188,607
188,607
144,127		 Restricted
Funds
2023
2022
£
£
£
-
-
1,760
-
-
15,989
188,607
188,607
144,127
188,607
188,607
161,876
2023
2022
£
£
-
5,000
1,506
3,500
3,000
500
9,780
-
1,511
2,730
5,418
15,148
29,777
-
21,250
-
-
500
-
57,903
-
10,989
72,242
96,270

During the year £72,242 of grants payable were made to 39 institutions (2022: £96,270 of grants payable were made to 38 institutions) and £116,365 of grants payable were made to 310 individuals (2022: £65,606 of grants payable were made to 240 individuals).

10. SUPPORT COSTS


Strengthening our organisation
Well-being and Care
Community Support
Funding and Advice		 Central Office
Governance Functions 2023 2022
£ £ £ £
1,893
4,279
6,172
1,275
10,198
61,293
71,491
49,977
6,211
36,206
42,417
35,497
4,090
16,504
20,594
28,575
22,392 118,282 140,674 115,324

The notes form part of these financial statements Page 33

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2023 2022
£ £
Depreciation - owned assets 18,194 46,002
Depreciation- assets on HP/lease 214
Independent Examiners fee 2,793 -
Auditors Renumeration - 3,300
Surplus on disposal of fixed assets (19,534) (453)

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. There were trustees' expenses paid for the year ended 31 March 2023 of £125 (2022: £NIL)

13. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Generating funds
Strengthening our organisation
Support
Governance
Well-being & Care
Community Support
Funding & Advice		 2023
£
458,635
36,409
22,471
517,515
2023
£
1
1
3
1
9
4
1
20		 2022
£
370,342
27,558
16,792
414,692
2022
£
1
1
3
1
8
4
1
19

Average headcount expressed as a full time equivalent for the year was 15.25 (2022: 15.25)

No employees received emoluments in excess of £60,000 (2022: no employees in excess of £60,000).

The remuneration of the key management personnel, 5 members of staff, during the year was £187,110 (2022: 5 members of staff £174,692) and their employer payments totalled £9,383 (2022: £7,811).

The notes form part of these financial statements Page 34

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

14.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
346,798
136,712
Charitable activities
Charitable activities
40,793
624,145
Other trading activities
36,841
5,300
Investment income
8,057
15,860
Other income
-
453
Total
432,489
782,470
EXPENDITURE ON
Raising funds
60,858
-
Charitable activities
Strengthening our organisation
46,231
-
Well-being and Care
15,115
229,637
Community Support
40,971
226,451
Funding and Advice
1,315
219,599
Total
164,490
675,687
Net gains on investments
9,371
-
NET INCOME
277,370
106,783
RECONCILIATION OF FUNDS
Total funds brought forward
1,017,925
268,382
TOTAL FUNDS CARRIED FORWARD
1,295,295
375,165		 Endowment
fund
£
-
-
-
-
-
-
4,243
-
-
-
-
4,243
72,292
68,049
920,146
988,195		 Total
funds
£
483,510
664,938
42,141
23,917
453
1,214,959
65,101
46,231
244,752
267,422
220,914
844,420
81,663
452,202
2,206,453
2,658,655

The notes form part of these financial statements Page 35

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

15. TANGIBLE FIXED ASSETS

COST
At 1 April 2022
Additions
Disposals
At 31 March 2023
DEPRECIATION
At 1 April 2022
Charge for year
Eliminated on disposal
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Freehold
property
£
840,658
-
-
840,658
256,820
16,752
-
273,572
567,086
583,838		 Fixtures
and
fittings
£
59,292
6,342
(3,876)
61,758
54,614
1,656
(3,876)
52,394
9,364
4,678		 Motor
vehicles
£
73,708
-
(57,316)
16,392
73,708
-
(57,316)
16,392
-
-		 Totals
£
973,658
6,342
(61,192)
918,808
385,142
18,408
(61,192)
342,358
576,450
588,516

The net book value of tangible fixed assets includes £4,060 (2022: £NIL) in respect of assets held under hire purchase contracts.

16. FIXED ASSET INVESTMENTS

MARKET VALUE
At 1 April 2022
Disposals
At 31 March 2023
NET BOOK VALUE
At 31 March 2023
At 31 March 2022		 Listed
investments
£
1,757,323
(114,760)
1,642,563
1,642,563
1,757,323

Investment assets were made up of £807,648 in the UK (2022: £768,475) and £834,915 outside of the UK (2022: £988,848).

The notes form part of these financial statements

Page 36

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

17. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments and accrued income
18.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 20)
Hire purchase (see note 21)
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
19.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 20)
Hire purchase (see note 21)		 2023
£
29,399
2,598
13,360
45,357
2023
£
15,878
855
11,502
9,259
2,378
12,918
66,208
118,998
2023
£
87,343
3,204
90,547		 2022
£
99,582
35,017
15,233
149,832
2022
£
18,955
-
21,201
11,549
2,442
51,939
10,006
116,092
2022
£
175,389
-
175,389

The notes form part of these financial statements Page 37

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

20. LOANS

The bank loan is secured against the property by way of a 25-year loan at a variable rate of interest.

An analysis of the maturity of loans is given below:

Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more than 5 years by instalments		 2023
£
15,878
15,607
48,527
23,209		 2022
£
18,955
18,955
58,600
97,834

21. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

Net obligations repayable:
Within one year
Between one and five years		 2023
£
855
3,204
4,059		 2022
£
-
-
-

The notes form part of these financial statements Page 38

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

22. MOVEMENT IN FUNDS

Unrestricted funds
Unrestricted Funds
Designated funds
Restricted funds
Restricted
Endowment funds
Endowment
TOTAL FUNDS		 At 1.4.22
£
953,317
341,978
1,295,295
375,165
988,195
2,658,655		 Net
movement
in funds
£
(16,721)
(60,542)
(77,263)
(138,065)
(27,271)
(242,599)		 Transfers
between
funds
£
(2,299)
2,299
-
-
-
-		 At
31.3.23
£
934,297
283,735
1,218,032
237,100
960,924
2,416,056

Net movement in funds, included in the above are as follows:

Unrestricted funds
Unrestricted Funds
Designated funds
Restricted funds
Restricted
Endowment funds
Endowment
TOTAL FUNDS		 Incoming
resources
£
104,795
1,298
106,093
703,507
163
809,763		 Resources
expended
£
(95,222)
(61,840)
(157,062)
(841,572)
(3,906)
(1,002,540)		 Gains and
losses
£
(26,294)
-
(26,294)
-
(23,528)
(49,822)		 Movement
in funds
£
(16,721)
(60,542)
(77,263)
(138,065)
(27,271)
(242,599)

The notes form part of these financial statements Page 39

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

22. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1.4.21
£
Unrestricted funds
Unrestricted Funds
723,817
Designated funds
294,108
1,017,925
Restricted funds
Restricted
268,382
Endowment funds
Endowment
920,146
TOTAL FUNDS
2,206,453
Comparative net movement in funds, included in the above are
Incoming
resources
£
Unrestricted funds
Unrestricted Funds
431,352
Designated funds
1,137
432,489
Restricted funds
Restricted
782,470
Endowment funds
Endowment
-
TOTAL FUNDS
1,214,959		 Net
movement
in funds
£
358,597
(81,227)
277,370
106,783
68,049
452,202
as follows:
Resources
expended
£
(82,126)
(82,364)
(164,490)
(675,687)
(4,243)
(844,420)		 Transfers
between
funds
£
(129,097)
129,097
-
-
-
-
Gains and
losses
£
9,371
-
9,371
-
72,292
81,663		 At
31.3.22
£
953,317
341,978
1,295,295
375,165
988,195
2,658,655
Movement
in funds
£
358,597
(81,227)
277,370
106,783
68,049
452,202

The notes form part of these financial statements Page 40

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

22. MOVEMENT IN FUNDS - continued

Designated funds
Endowment building
Data information system
IT capital fund
Marketing & rebranding
Cyber security
Continuity funding
Designated premises
CEO recruitment
Staff training & development
Fundraiser
Wheels to work
Data Insight/Info officer
Community needs analysis
Volunteer celebration
General funds
Total Unrestricted Funds
Endowment funds
Grassroots VCO Shropshire
Grassroots Shrewsbury U25
Grassroots Shrewsbury
Hardship
Grassroots Harnage Trust
Shropshire County
Endowment
Community First DENSO
Community First Lowe
Community First MidCounties
Total Endowment Funds		 Gains/
At 1.4.22
Income Expenditure
Transfers
Losses At 31.3.23
£
£
£
£
£
£
10,226
-
(1,125)
(9,101)
-
-
36,526
-
(3,236)
(6,290)
-
27,000
2,253
-
-
(2,253)
-
-
27,323
-
(4,361)
(7,962)
-
15,000
6,542
-
(1,507)
-
-
5,035
106,000
-
-
-
-
106,000
47,138
1,298
(2,397)
-
-
46,039
8,160
-
(8,160)
-
-
-
7,575
-
(3,525)
-
-
4,050
67,390
-
(37,529)
-
-
29,861
22,845
-
-
-
-
-
-
-
-
-
-
-
(22,845)
29,750
20,000
1,000
-
-
-
-
-
29,750
20,000
1,000
341,978
1,298
(61,840)
2,299
-
283,735
953,317
104,795
(95,222)
(2,299)
(26,294)
934,297
1,295,295
106,093
(157,062)
-
(26,294)
1,218,032
Gains/
At 1.4.22
Income Expenditure
Transfers
Losses At 31.3.23
£
£
£
£
£
£
406,034
163
(3,300)
-
(6,532)
396,365
39,369
-
(322)
-
(638)
38,409
27,124
-
(225)
-
(444)
26,455
7,063
-
(59)
-
(116)
6,888
168,642
-
-
-
(3,054)
165,588
38,787
-
-
-
(1,454)
37,333
49,059
-
-
-
(1,839)
47,220
252,117
-
-
-
(9,451)
242,666
988,195
163
(3,906)
-
(23,528)
960,924

The notes form part of these financial statements Page 41

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

22. MOVEMENT IN FUNDS - continued

Restricted funds
Well-Being & Care
Deprivation of Liberty Safeguards (DOLS)
Shropshire Exercise Network
NHSE Integrated Volunteering &
Engagement
Family Carers Appeal
Care & Share Market Drayton
Care & Share Albrighton
Care & Share Shrewsbury
Musketeers & Maidens Friendship Group
Sight & Hearing Loss Support Telford &
Wrekin
Wellbeing & Independence Partnership
Shropshire
Sight & Hearing Loss Support Shropshire
Hard of Hearing Project Review
Active Buddies
Hearing Support Appeal
NHS Charities Functional Fitness MOT’s
Three Parishes – Health & well-being
Activities
NASP Thriving Communities Programme
Social Prescribing CDW
Wellbeing Resource Bank project
Community Support
Wheels to Work (inc part DEFRA funding)
Voluntary & Community Infrastructure
Support Team (SIP)
BBO Project
Village Hall Quiz
Digital Inclusion		 Gains/
At 1.4.22
Income Expenditure Transfers Losses At 31.3.23
£
£
£
£
£
£
504
-
17,481
2,500
(14,578)
(1,889)
-
-
-
-
3,406
611
52,390
-
(52,390)
-
-
-
19,036
-
-
-
-
19,036
2,279
4,985
(3,329)
-
-
3,935
2,375
3,150
(3,132)
-
-
2,393
1,378
-
5,710
8,956
(6,400)
(7,162)
-
-
-
-
688
1,794
14,177
11,165
(9,641)
-
-
15,701
19,100
86,006
(93,787)
-
-
11,319
12,788
63,595
(69,982)
-
-
6,401
1,639
-
(1,639)
-
-
-
14,314
500
(2,974)
-
-
11,840
1,731
224
-
-
-
1,955
9,998
27,139
(34,183)
-
-
2,954
1,300
-
3,039
2,000
(4,339)
(2,000)
-
-
-
-
-
-
284
58,911
(59,155)
-
-
40
8,532
-
(8,532)
-
-
-
161,825
295,361
(375,112)
-
-
82,073
(1,854)
40,576
(25,784)
-
-
12,938
105,949
150,585
(184,676)
(54,000)
-
17,858
1,793
-
(1,793)
-
-
-
705
325
(241)
-
-
789
9,591
-
(45)
-
-
9,546
116,184
191,486
(212,539)
(54,000)
-
41,131

The notes form part of these financial statements Page 42

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

22. MOVEMENT IN FUNDS - continued

MOVEMENT IN FUNDS - continued
Gains/
At 1.4.22 Income Expenditure Transfers Losses At 31.3.23
Restricted funds £ £
£		 £ £
£
Funding & Advice
DEFRA RCAN Network (exc W2W funding) - 30,068 (30,068) - - -
Other Fuel Poverty Funding - 1,000 (436) - - 564
CAB Big Energy Saving Network 576 3,685 (3,853) - - 408
Twemlows Fuel Poverty 1,304 - (1,304) - - -
Winter Fuel Payments Appeal 25,770 27,357 (26,265) - - 26,862
Millichope Community Buildings Fund 2,068 5,001 (1,510) - - 5,559
Shropshire Grassroots 11,481 5,676 (3,578) - - 13,579
Good Neighbours 302 - - - - 302
Grassroots Shrewsbury U25 602 554 (37) - - 1,119
Grassroots Shrewsbury Hardship 704 387 (26) - - 1,065
Grassroots Harnage Trust 209 101 (7) - - 303
Community First End (Mid Counties 11,368 7,065 (12,269) - - 6,164
Coop)
Community First End (Denso) 5,657 1,086 (146) - - 6,597
Community First End (Lowe) 7,068 1,374 (185) - - 8,257
County Community Fund 22,208 2,057 (1,846) - - 22,419
VCOs - Twemlows Community 3,824 11,250 (7,349) - - 7,725
Participation Fund
Shropshire Council Warm Welcome Fund - 10,000 - - - 10,000
Shropshire Council Household Hardship 4,015 110,000 (114,015) - - -
Support Fund
Recover & Grow Grant Scheme - - (21,250) 21,250 - -
Grow & Thrive Community Grant Scheme - - (29,777) 31,250 - 1,473
Spark up Community Grant Scheme - - - 1,500 - 1,500
97,156 216,661 (253,921) 54,000 - 113,896
Total Restricted Funds 375,165 703,507 (841,572) - - 237,100

The notes form part of these financial statements

Page 43

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

23. MOVEMENT IN FUNDS - continued

Comparative for movement in funds

Designated funds
Endowment building
Data information system
IT capital fund
Marketing & rebranding
Cyber security
Continuity funding
Designated premises
CEO recruitment
Staff training & development
Fundraiser
Wheels to work
General funds
Total Designated Funds
Endowment funds
Grassroots VCO Shropshire
Grassroots Shrewsbury U25
Grassroots Shrewsbury
Hardship
Grassroots Harnage Trust
Shropshire County
Endowment
Community First DENSO
Community First Lowe
Community First MidCounties
Total Endowment Funds		 Gains/
At 1.4.21
Income Expenditure
Transfers
Losses At 31.3.22
£
£
£
£
£
£
11,363
-
(1,137)
-
-
10,226
5,884
-
(4,358)
35,000
-
36,526
2,253
-
-
-
-
2,253
10,000
-
(17,677)
35,000
-
27,323
7,500
-
(958)
-
-
6,542
131,903
-
-
(25,903)
-
106,000
59,327
1,137
(13,325)
-
-
47,138
-
-
(6,840)
15,000
-
8,160
8,000
-
(425)
-
-
7,575
35,034
-
(37,644)
70,000
-
67,390
22,845
-
-
-
-
22,845
294,109
1,137
(82,364)
129,097
-
341,978
723,816
431,352
(82,126)
(129,097)
9,371
953,317
1,017,925
432,489
(164,490)
-
9,371
1,295,295
Gains/
At 1.4.21
Income Expenditure
Transfers
Losses At 31.3.22
£
£
£
£
£
£
384,693
-
(3,596)
-
24,937
406,034
37,178
-
(347)
-
2,538
39,369
25,420
-
(238)
-
1,942
27,124
6,677
-
(62)
-
448
7,063
153,334
-
-
-
15,308
168,642
35,693
-
-
-
3,094
38,787
45,146
-
-
-
3,913
49,059
232,005
-
-
-
20,112
252,117
920,146
-
(4,243)
-
72,292
988,195

The notes form part of these financial statements Page 44

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

23. MOVEMENT IN FUNDS - continued

Comparative for movement in funds
Restricted funds
Well-Being & Care
Deprivation of Liberty Safeguards (DOLS)
NHSE Integrated Volunteering &
Engagement
Family Carers Appeal
Care & Share Market Drayton
Care & Share Albrighton
Care & Share Shrewsbury and C/Stretton
Sight & Hearing Loss Support Telford &
Wrekin
WIPS Preventative Shropshire
Sight & Hearing Loss Support Shropshire
Hard of Hearing Project Review
Active Buddies
Wise & Well Support
Hearing Support Appeal
Tackling Inequalities Fund (Energize)
NHS Charities Functional Fitness MOT’s
Three Parishes – Health & well-being
activities
Social Prescribing CDW
Covid-19 Infection Control SC
Well-being Resource Bank project
Community Support
Wheels to Work
SIP CVO Support
BBO Project Delivery
CV19 Volunteer Vaccination Program
CV19 Sculpture Appeal Fund
Village Hall Quiz
Digital Inclusion		 Gains/
At 1.4.21
Income Expenditure Transfers Losses At 31.3.22
£
£
£
£
£
£
1,209
15,620
(16,325)
-
-
504
18,316
35,000
(926)
-
-
52,390
19,107
-
(71)
-
-
19,036
3,013
836
(1,570)
-
-
2,279
1,573
3,506
(2,704)
-
-
2,375
13,556
1,899
(14,077)
-
-
1,378
8,810
12,586
(7,219)
-
-
14,177
16,073
80,640
(77,613)
-
-
19,100
13,424
52,317
(52,953)
-
-
12,788
-
1,750
(111)
-
-
1,639
-
10,097
-
4,217
-
14,314
2,816
2,823
(1,422)
(4,217)
-
-
977
754
-
-
-
1,731
779
-
(779)
-
-
-
-
19,741
(9,743)
-
-
9,998
-
3,039
(1,739)
-
-
1,300
2,634
22,810
(25,160)
-
-
284
1,647
3,634
(5,281)
-
-
-
20,476
-
(11,944)
-
-
8,532
124,410
267,052
(229,637)
-
-
161,825
798
79,423
(82,075)
-
-
(1,854)
-
159,000
(93,551)
40,500
-
105,949
1,793
-
-
-
-
1,793
-
39,014
(39,014)
-
-
-
-
11,319
(11,319)
-
-
-
705
-
-
-
-
705
10,083
-
(492)
-
-
9,591
13,379
288,756
(226,451)
40,500
-
116,184

The notes form part of these financial statements Page 45

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

23. MOVEMENT IN FUNDS - continued

Comparative for movement in funds Gains/
At 1.4.21 Income Expenditure Transfers Losses At 31.3.22
Restricted funds £ £
£		 £ £
£
Funding & Advice
Membership & Trustee Network 9,778 8,299 (18,077) - - -
DEFRA RCAN Network exc W2W - 20,994 (20,994) - - -
Western Power DCMF Energy - 4,370 (4,370) - - -
CAB Big Energy Saving Network - 4,613 (4,037) - - 576
Twemlows Fuel Poverty 1,332 - (28) - - 1,304
Winter Fuel Payments Appeal 14,861 22,123 (11,214) - - 25,770
Millichope Community Buildings Grant 572 5,000 (3,504) - - 2,068
Giving Fun
Shropshire Grassroots Grant Giving Fund 7,988 4,121 (628) - - 11,481
DGM Good Neighbours Grant Giving Fund 302 - - - - 302
Grassroots Shrewsbury U25 Individuals 204 398 - - - 602
Grant Giving Fund
Grassroots Shrewsbury Hardship 433 271 - - - 704
Individuals Grant Giving Fund
Grassroots Harnage Trust Individuals 138 71 - - - 209
Grant Giving Fund
Community First (Mid Counties) Grant 6,922 6,969 (2,523) - - 11,368
Giving Fund
Community First (Denso) Grant Giving 4,668 1,144 (155) - - 5,657
Fund
Community First (Lowe) Grant Giving 5,979 1,285 (196) - - 7,068
Fund
Shropshire CF County Grant Fiving Fund 23,681 1,601 (3,074) - - 22,208
(Community Resilience)
Twemlows Community Energy Grant - 20,000 (16,176) - - 3,824
Giving Fund
Shropshire Council Infection Control 42,155 - (1,655) (40,500) - -
CVOs Grant Giving Fund
Shropshire Council Household Hardship 11,580 58,500 (66,065) - - 4,015
Grant giving Fund
Shropshire Council CVS Isolation Grant - 66,903 (66,903) - - -
Giving Fund
130,593 226,662 (219,599) (40,500) - 97,156
Total Restricted Funds 268,382 782,470 (675,687) - - 375,165

The notes form part of these financial statements Page 46

The Community Council of Shropshire operating as Community Resource

Notes to the Financial Statements - continued for the year ended 31 March 2023

24. EMPLOYEE BENEFIT OBLIGATIONS

The charitable company pays into a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in independently administered funds. The total pension cost charge amounted to £22,471 (2022: £14,467). At the balance sheet date contributions of £3,928 (2022: £3,367) were payable.

25. RELATED PARTY DISCLOSURES

During the year, one trustee received a grant payment of £559 (2022: £NIL).

The notes form part of these financial statements Page 47