Stoke City Community Trust (A Company limit￿ by Guarath) Compw RewS1￿ No. 04875877 R¢￿e￿d Qwity No. 1104(#)6 A7 14102r2024 cO￿ANIEs HOUSE #156 Stoke City Community Trust CONTENrs TRUSTFES. ANTrIUAL REPORT STATEM￿ OF TRUSTEES. RESPONSIBILMFS tN THE F1tEPARATIONOF FINANCIAL STATEMEKrs tNDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF STOKE C￿y COMMUNITY TRUST . Accoubrr) 13 BALATrKE SHEEr 14 sTATEmETr￿ OF CASH FLOWS 15 ACCOtsKrtNG POLICIFS 16 19 Stoke City Community Trust TRUSTEES. ANNUAL IIEPORT IIEFERENCE AND ADMINISTRATIVE DETAILS IlfM(K COMPANY REGISTrATION NUMBER 0￿5 COMPANY SECRETARY J Pellit R Helk) (R&%181￿ 11 Nov 2022) G Mdlor D Smith J Pelli]¥ C Iwelumo S King J Morris (MBE) AUDITOR RSM UK A￿lltLLP F¢5tivai Way STI 5BB BANKERS Barclays Bank plc 118 High Street Nthvcastle•under.Lyme ST5 Ivr REGISTERED OFFI bets65 Stsdium Stoke on Txgnt Staffordshi En￿and ST4 4F Page I Stoke City Community Tn]st TRUS7EES' ANNUAL REPORT Trnstees. AttM¥*l Report The Report and Financial Siatemenl4 vknich Rlak totheYearend￿ 31 Aiigitst 2023. are Ntsented by the Trustees of Stoke City Commillllty TrusL who *Te also Directs￿ ofthe Charitable Company for Ihe purposes of ¢harity llw. Structsre c0ven￿￿ee 2lld Ma e4llent Stoke Cty Community Trust is aa>rnpany limiled bYgUara￿ and thes nrthlve sharn witsi. It is governed by the Mernoranth and Article5 of AsxKiatico dated 18 July 2014 aTMI became aregiste charity on 28 May 2004. A reviEWSyStem is in place to monttOT the in¢om< exwjth and Fthance of TTUSL This ensu￿9 that.appropri* mwement informJtion is produtd on a regular boSi5 irt1udl￿ an annual bw. The budget is approved by the who" also rncet rEgul￿ty to CODsiderthe fllMDcial results and identify iDlment of Tntsteos The skillset of the board ofTru5tets is reviewed compartd to the requirernents of the charity to achieve its objectives. Where there aye gaps. the TnLStees seek to avrni￿aPpOInknCnts of It￿1¥1dUaIS with the reqlli￿d skills ￿ ¢xperienc¢s by an 0[￿ r￿1￿￿ttl proces% Trustee iDdudlott trx All new TnLStees reLeive an induction meeting with the Chair of Tnksttts arml then s￿d time with Ihc ehatlty'5 management tem observingknw the dwity's objective5 *tht¢v•L Should any additional speciatised lrnining b¢ r¢quitEd then aFyoptiate training rnt¥ements are in place. Rtsk mg ement The TnLStees review the major iisks * whieh the clty ts ¢xp)wJ . in p8rtscular. Rl&ting to the operations and fin￿r£s. #Thj satisfied thatSy5t¢n>s and Pr￿ed￿(C5 aTe in plwxtornitigalEany ewosure. The principal risk.identified by tr* Tr￿le¢S is Safe8U In additio￿ procedures Iw Ixit in pl¥¢¢ to effjure c(ryliance with hBalth and safety Wlalion for staff ènd all those who partiripatr in the Tn*'S a¢tivities. A Safeguarding Working Gr￿p en5wes that all regulations are adheted to with regard to conlttct with thildren ood vulnerable adults. Reserve4 The TrrJ5*¢s have examiJ*d the ¢lwity's wuiMDeots for resuyes in the light of the main risks to the Or￿11satiOn. It has established a policy Ithby unrestrictrd fimd4 not CA>mmitted OT invested in tangible fixed held by lh¢ charity (which equal flee r¢5¢fFes). St￿ld b¢ no than 12 monts of the unrtstri¢kd staff ¢mployment expendIll￿ of the thrity. Free reserve5 * 31 Aug￿1 2￿ weTe £1.041k (2022: £982k). In the cufftnt xonomi¢ ¢lim4teth¢ Trustees cortstder it pnxlenl to keep the free reserves at this level but will reFiew the &￿1¢Y should there ￿ a strnng commercial or oprrattonal reason to do so. P47ge 2 Stoke City Community Trust TRUSTEES. ANNUAL REPORT IDtsrnalContro includiD&" *An Annual Budgd 8pprov&lby the TTuslees •Regular wn5ider8tion of fmatKial results *ldentification and managementof risks of the Public Benefft requirrtnenL FiDuei41 Review below: Restricted In¢om¢: Uor&strl￿ed Incomv. Total Jneome: Tot*1 R£wuTttsExp¢od¢d. 754 I,￿5 1.759 1577 929 1,655 204 982 iJ86 Tot*1 Reserves: Stok¢ City COMM￿lty Trwst's obj￿￿YeS •rt to promotc any eJ4ri*pwp(w forthe geoeral bBn¢fit of the eommwiity andin PaTti¢ular th(Ée livingaThl &rossNotth Stsffordthr< Southcheshite and thesurrounding ar The TTU5t uses the p)wer and pa%5iOtL&ssociated with the football clubto ajake aposittve difftrence to the health. wellb2ing artd life outcornes of particip￿ts wtho engage in its progrnmts atyl ¥tivities. All sessions provide 8 platfonn lo rnluce t4ryiexs topartscipatiOD whilst prnmoti￿ qu￿1￿. divwsity and inelusioti withinthe comm￿lty. Th¢ TTUSt's projects 3im tots¢kle ￿KIal is5￿ Incl￿￿￿ mentsl hMielessne4 poverty and environmentsl. It also scek4 to swrt ￿PIC via sports provisio￿ Co￿pe￿tIOnl ge￿1 wellbeing ctivttie4 weight managemeni work re¥dy & employM￿t sessiors and community b￿d diversion8ry activities. &5 well &$ 18rgeted intenTentions irKlwbng po0rxhC￿ belw10￿. erimin8J ¢xploitstioo be￿vethe￿t and traum& The Trust believes that its influence rtach wlll allow people to rnake ajxisitive difference to th¢it IMltt4 wellbeing and lifr outcom&s. s￿181 welfare and life improvemenL 8od consider its main *tiviti4s to fith this a￿ the PTOViSiOD of Pdge 3 Stoke City Community Trust TRUS7EFS' ANNUAL REPORT Th¢ Tnst's main adivilies are bekw. Athi¢VeMe￿ts Perforjnarytt The Tn￿'S main achievements are based upon itspeople. P&b￿ShIpS aEhJ its impa¢L Its F*rf0llhan￿ is b&*d wx)n its ability to ¢onfinu¢ to deliver high quglity sehViCeS 4nd iftter4entions to the coromuniti¢s of providing supwrt to those in ne* The Trust a committed aTr] skille4J w0￿fOr￿ of 53 fu1l.time¢0ntr￿￿ memt¢£s of 31 wuai stsfj who atm to engag¢ and iTh5pire Etopk on a daity b&si The Priority Alws ofthe Tn￿ I￿. PTiority Area l.Heaith & Well￿￿ Priority Area 2.FAlUCatio￿ FJnploy#bility & Skius Priority Atea3.Sport & C¢￿￿lty Inclusion & Wellbe Oyer the p35t 12 month5 the Health & wellbeiDgdq>UthK￿ Iw ￿tiCed an in¢w io for its 5ervicts and in order to best help the10¢41 commiw. via the Tn￿.5 Nch and infiuence. it has been es5enti41 to maintoin partn￿3￿1P5 with the Midlands PthTship Foun￿￿ Tru0 IMPFf). Together Activ& Everyolle's Aeahty StaffoTdkn County CcAllKii North Stsfford5hire Combined Health¢ TIltsL A good example of this ¢ollaboration w&s the'Slok¢ Social. pmjtti wh￿h is a free everttseld every Wrjlnesday that provides a safe space for Individ￿￿ to med new peopl4 ty nv* aclivilies. such 18 bin8lX chair.based exerci￿ and simply to so¢iati* over a cup ofcoffeehe& The evetrtakn hes links with local servtcffj such ls Hotne Instead and North Stsffordthire Combined Hea￿ in order to Provide an opportiuiity to allow particirAnts w discuss any health I￿1. home Iivu)8 issu¢s they may h8v< in a relaxed and infoTinal cnviwnmenL Throughout the yearthe TrLst delivered avariety of intrnDtion5 sttvices that included: Stoke Memories (D¢martia Pro￿￿¢) Walking F&)tb811 A Gknie of Two Hol Talk Suicid¢ Potter5 tkmentia WelliwGroup (Weekty Meet) Potte￿ At¥)ut Longcovid Mental Wellking {Schools) Fit FaTkS Potters He41th Hub Mums, Fooiball Aiming HI￿ Adivities Page 4 Stoke City Community Trust TRUSTEES, ANNUAL REPORT Edu￿*10 S¢oke City Community Trust is cotThDittsJ d¢livtty of tdi the Siars and ]Mpi￿$ projecty. The Tn￿t part of a ¢ony)rtiuth that &liV¢￿d th¢ Yoth Employroert *tsl Skilb (YE8) Ploi￿L This w&$ a collalx)ration PTOj¢¢t b￿Cen V&10￿ OTg8nisthon% includingthe Commimity Renewal Fund 8nd Stoke-oTrTrent City CounciL delivered in Stoke-OD-Tmll to help 1&24 year olds build tbexr confidence and skills in preparation fOreduc*io￿ trathing or employmenL 'Keep Stokesmilll￿' was named asthe EFL Ch8mpiortship's Cornm￿1ty Proied of the Season. The educational work was d¢liv¢Ted to acoo5id¢rabi¢ nwnbtr of schoots Fyoviding important dentsj and oral health inforniation and rne5sagi￿ This was an initiative developed as a resp￿5¢ to Stoke-on-Trent's adverse p)sitioTh in to)th abstraction lea￿ tables having ac4)nsiderable PTOFKKtiOD of the city's ¢hildren sufftring from tooth de¢ay. Each P￿11 ￿ertd￿ theprogr8mme rtteTved a t￿thbn￿ fl￿rid￿b&￿d ioothpaste and a dentsl eA￿tIonal leafiet for knth pupil F￿ent In orderto assess its iTnpacl pre and post workshop questiotU￿1reS were t4)mpletsl by Fwthermort. all participating 5ch¢Jols were en¢ouraged to go'Fi72 Free. and w CO￿1n￿¢ wiihthe d￿￿1 and oral health l¢•mitt& This prnjectwas provid¢d to the parti¢ipaiits free of charye and due to the ￿rrelatiOn between xxiai deprivation and poor healthca￿ it priorilized ￿1￿m)IS inthe u10￿ depriv￿ areas of the city. 'Post 16 opti￿.. Whtlstthe TnLfjt eonfjnued is parther5hip with Stokt on Trent ColleN this year it develO￿d a new with S8TrJb4¢h Hith S¢ky)oVSixih Forni providing fty)tioll development op￿rtunItieS ftsr foDaieplayers whi15tin edwatio The fiTStyear of the FOund￿IOn Dewe in Cornmunity F(x)thall Coxhing and deve1q￿ent wimessed the majority of the sttthts Completil￿the fll5t yearof their COUts& Th¢ turther and hIg￿redUcatIon player edLUtion pathway5. Th)w iri pkn. should PTOVi(k a rou* for pupils to further develop theiT skills as players and coache& Premier League In5Pirts Youth Employment and Slails (YES) FuThl Trnineeships P05t 16 F￿tball & Ed￿atIOn A¢*lemy The Foundation Degree in Communty Football C(￿1ng aThl Development AitllingHigh mrnUDi The Footho11 and Sports Development teams continue to attract with the Tru￿,5 foottMII.b18ed activities providit)g a pathway into the Club's Ac•J¢my. The Internalional Soccer Sdwl programme saw the Tntst m4intwn its ￿l￿10Th$hipS with clubs in Norway. MalK Finland Canad4 Sweden athl the USA. In parthership with StaffoTthiT¢ County Council the TnLSt's Aiming High project conlinued to provide regular activities and short breaks for kKai ¢hi]drni aNI young people aged ¥25 with special edw*ional neeiVdis•bility (SENDI The progra￿e wa5 deS1￿￿d to b)es¢ ¢hildren atHI young pwple's ¢onfidenc¢ and independenK providing activifies which were to the whok family and othets i]wt wae only ftir the chtldren and young Feople to atteDd ind9￿ently. Stoke City Community Trust TRUSTEES. ANNUAL REPORT The w&8 selected to be wt of a on¢ year'TwitMing-L￿. pilot projecL This w&£ targeted to engage HMP Stoke Heath prtsorn to improve their ITtew. via a cA)mbined f￿tball coaching and English language courn¢. Those who S￿¢¢¢4 will attaillith a FA Level I Coxhing Awatd a5 weu &8 a Lev¢1 l Effgiish qualificatio￿ The Trust is aiming for the pilotto be tsucce55 atxl lead to the roll-wt of a more enhart¢ed scheme in the fublle. Probation Servtsce (HMPPS) and proftsslonal fwd>all club4 with the objective oftwtnning every prison in England aTra Wales with a I￿[ f(Mthll Clu￿. 'Petsonal Development Pro￿arnme,. The TrLW aJcd)8 with the Stsffordshire Poli￿ Fire and Crtme Commi55ioner's Office kd a￿￿1rtiUrn a00r￿ afflI.S￿1al t¢h4Yiorin severnl hot spots across the cowity. 'My Cty My Shirt.. This was a p•tier5hip with Sti>k¢ City Fo￿ball Club. Faffj for Diversity and the F(Mrtball suP￿rters Asgxiatirn desi￿d to cekbtate the diva5ity of SC.FC footb￿1 fan& Throughout4he year the Tr￿ delivered a vAriety of intervakn I￿1 services that i￿lUded. My Ctty My Shirt PL Change makers Holiday & Fc4)d (E Re5ilienc4 Identity and Sc￿EsteeM (R￿E} SafeT Stre¢ts SPACE So¢¢er S¢hools • International sc￿e"r Schools Rw"ooal Taieni Club {Girls) Wildeats (Girls) Squad Football (Girls) Advanced Training & Developrnent Centre Twinning Project (HMP Stoke Heath & HMPDov¢gate) Twinning Literxy Pmject GtMP Stoke Heath) Tbank Yoll for S Whilst dependent upon the Continuingparti￿iP sUP￿rt of Stoke Cty Fwtball Club and the b¢t365 G￿up. Stoke City Con￿nunIty Trust also rtb¢s heavity onthe sw>wrt of many p8rts)ers and organisatir*ns in prder to CA)ntinue ¢0 developits three wiority areas. The Tnkst's principat parn￿E5 are the Premier Le8gue Clwirable Fun￿ the Pr￿1¢1 Leag￿ Professio￿1 F(thallers' ASSOCi*lo￿ ts English Fixxball Leagtt4 English F4Xttt)all TnLS¢ Stsffordshire Cthmty Coun¢il. Stafford5hire Police Fire and Crime Commissioner, Cty of Stoke-on'TwentC￿llxtI and the Stsffordshir¢ Football As￿LI110ft. The B0￿d of Trustees is Indebted0￿ win kn 811 kn WTr￿ have m*Je a Signifi¢gnt ￿￿Tibutir1n to the again in 2023f24. The Tn15tees would like to thank the F"ootball Club's Ht4d ofcommimity Adriari Hutst and his staff in the Community Tn& for their dedication Iwd w0rktht0u￿ut amthEr S￿¢e$$ful wiod. Page 6 * tISFe ol¥"eciivts+or'lh¢2023i14 to &"l￿der￿UdItne& onfrpti-.ed4FÈatrttLyThavel#ketsall8tep&tFÉt. ullilor. ditor._ Jiiiiii Co•trs Stoke City Comrnunity Trust S.TATEMENT OF TRUSTEES. RESPONsIBILIT￿s IN THE PREPARATION OF FINANCIAL STATEMENTS The Tn￿ (who are also tk directo￿ of Stoke City Conynunity Tn￿ (a company limitsl by giwanlee for the of company law)) *e Te5Fx)nsil>le for pwaritig the TnLSt¢es' ReFY)rt wd the financ statements in ￿ldance with applicable lawand Unifed KiD8dcon At￿liAti￿ Standards (United Kingdom Company Ixw requires the Tnjstees to pry#rt fiJ]ancio15tatements for tach finaneial peri(Ml which give & tru¢ andfairview of thestste ofaif#its of the ¢haritrbie company. of th¢ iw*ming application of resources including the income and ¢￿￿ndItitr of the chaTttabk compony. for thot p￿1{￿L lft weEwing selecl 5Uitabk accounti￿ P)li¢ies and the4) 4ply tlTh cO￿lSt￿￿. state whether applicable UK Accotstttirg Siandwds hv¢ bttn follow&É. subject to any materiaI the chty will Contin￿ in IM￿1￿C The Trustee5 are TtsFrf)￿￿l le for keeping proper a¢¢ounting re£ords that dis¢lost with Tea50nable aC¢UTa¢y at any time the financi￿ position of the charitsbk c(XDpany enable them to eltsure that the financial statements c(Jmply with the Compantes Act 2￿6. Thry •e also ra9)0￿1ble for Safegu￿ the assets of the clw¢lxble ¢ompany aThl hen￿ for taki￿ msowble foTtheTrievethn d¢te¢tion of fraud and other irregularitie Page 8 INDEPEND￿ AUD￿OR's REPORT TO THE MEMBERS OF ￿roKE crry commu￿ TRUST OpillioD We have auditrd the 9*eM￿ of Stoke Ciry Cirn" uttty Thtst (the'charitsble company.) for the year ¢nded 31 August 2023 which ¢omFftse the slatets1￿of Fitiaticial Activities (includingth¢Swnmary IDCQm¢ and in¢ludiDg si￿lfiCant accounlin8 p)li¢ies. The fr￿0¢1￿1 reF￿Ing frwnework that h¥ been appli¢d in their epttton is applicable law and United Kin8&)m Actaffttitig Srandth. including FRS 102 me Financial Rcporting Standard 4ylith in the LfK and Rewwic of (UDit¢d Kingthm G¢n¢ralty A¢cept¢d A￿o￿lting Practic¢). In our OPilliOD th¢ fwaDcial sthterneots: give a true and fair vivw of the st*e of th¢ ¢baritsble CODW'S affairs ￿ It 31 Aw 21Y23 of its in￿Ing￿es0uw aod aKoliatroa ofrtSfAUt4 inclwaiDE its intomeand eX￿dI￿rA forthtywth¢D Basts (or opthlo We ¢onduaedourwJditin accordaDce with ]nknArlon￿s1atsdard$4)ft Audittsig(UK) (tSAslUK)) and 7wlicable law. Our rwasi￿IlitieS uTrlerthc6e Stand￿ aTE fillther descnknl in the AudÉÈor's re4*)DSibilities forthe audit of thE finaD¢ial sfatem¢nts 5ectioTh of fATr rrp)rL We aTE inthpendent of th¢ ¢h#rit¥ble company in •eeordan¢e with th¢ ethic41 TEquirem¢nts th* relevant to our audit of the fuwKial Aatements ID the UL includiDg the FRC'S Ethic41 Standth aDd we bave thlfilled otyer ethical T&SP)nsi￿•11r1cs in a￿Vaan￿ with these requirettients. We believ¢ thatthe alldit¢vidtsttwe hawe obtain¢d is sufficirni knd I￿opTI*¢¢ F￿vide ab&#is for ow opiDion. Co#clusions rtl*tlD8 toncern lft audittn8 the fmancial stsiemail& we have con¢lud&a the trxtees. we of the gotiw concern basis of Based on the work we have wfMneiL *t Imve identified Itty tiMtrri￿ Uttee￿I￿tses Tel*iD8 ￿ events or conditions thaL individualty" or colledively. may Cast S)￿lficant on the ch4ritsble ability to Etsntinue 85 8 going ￿ffl¢Crn for a ￿n(￿l of at least twelve month the financial stat¢ments 8r¢ r¢levantsectiofts of this reF Otber thformatio except to the ¢xtent ¢)th¢nvise ¢xplicidy ￿ated in ourrem we Dotexpress fo￿ of assur￿ ¢ODclustiJn w resp[￿￿1 ility is ￿ re*J the othu stifonDth and iti doti¥ so. •)nsidtr whethet the othtr irtformatioh is mat£ri41ty inconsistrAt with the fiwcial sWe￿ents LY (wjr knowl¢dge oitsined the cou￿¢ of the audit or oth¢rwise app¢w5 to be matrriauy misststed If we id¢ntify such mattrial inc(wÈ5t¢ncits or appaT¢u¢ material iSSthtemeDts. we are reqlliftd w d#enniDe whethu thi5 gives rise to è material missiai¢ment in the financial swetuents themsel￿. If. b•5d on th¢ WOTk we have w¢ ¢oncJu4k that there 15 • HwterÈal mi$5tatem¢nl of this other 1Dfonnatio￿ we art required to rwt that fa¢L We have rtothitigto report inthis regtr Page 9 INDEPENDETr￿ AUDITOR'S REPORT TO THE MEMBERS OF STOKE crry commu￿ TRUST o'pinio￿ OA other matters pre￿11)ed by the Comp*Aies Ad2( In our Opinio￿ b*5ed the WO￿ UDdertaken the c4yJr5e of the audit th¢ Toformation giv¢D in th¢ Trusrees. vA>i¢b i￿1￿1¢5 the Direc￿Th. R¢w¢ w¢p*ed for the pwtKJs¢s of company law. ftf the fiDanCi￿. yeu fcr wbi¢b th¢ fo￿}a1 S￿knents ￿ prwarEd is M&tt¢r>ollvbi¢ti w¢ are rtqlli¥ed to ￿q￿rt by eztwiiiii In the light of the hJowloJoe and undentsnditig of the cTrAritabk c(rfllpw and its ￿vir{￿nent obtsIn￿ in the We havenoth1ngt0w￿rt Iwrtofthe followgmatt￿5 wh¢TEth?CanwiesAL*2(K16Trtwir¢&usto rep)rt to you if. in our opinioft.. from branche5 t&ot visiied by us" or we have not re£eived all the infomation aDdeXplanatI￿ W¢Twuire for ouraud¢ or R¢sponsibiliti¢s oftrwlees As"explaiueAI more fvlty in the Siatanax of Trustres. resp￿￿1]&11ts sd thrt.*)n page 8.the tswsitts (who ayè also the director5 of the c￿lIable ¢ompaDy for the puryoses of company law) re4￿Sible for th¢ prtparation of the fmancial ststements and frjr being satisfied thatthey give a tsue attd fair vtew. and forwb ittt¢rnal control as tontinue a5 a going Conce￿ di5¢105iD$ as applicable, mattevs relatrd to gotng concern and using the going Concern basis of a¢towrtin8 unless the trustee5 either inknd to liqyNty¢ th¢ ch•itable eompaDy or to ce4S¢ operations. orhave wligit alt•n•tive do so. Auditor's rtsponsibiliti¢• for th¢ *udli of th¢ fw•nd•l st8twwts Our obiectiYe5 ar¢ to obtaill rea5(￿ab￿ xsurdDC¢ al￿t whetherthe fiThancial statan¢Dts as a4vbole ar¢ free from materÈal misstatunw whether due io or elror. issue an a￿AllOr.$ YeFwM th* iDcludes our opinion. with ISAS (UK) will alway5 detect a m*Eri81 mis8talrnt when it ¢xists. Misstst¢m¢nts ¢au ari5¢ frorn fiaud or influence the et4bnomie dectsions of ustts on the t*is ofth* fin￿1*1 StskmeDts. Thtrextsttt to tht %￿dI¢ ¢0oxl¢red t*pblt of dÈtr¢b￿1rrlCUI*rrf4ffj imcludlug frnttd Inegularities are instantts of non-compIMDf£ with laws ￿ regularl￿ The obje¢tives of ouraydit8re to obtsin sufficiertt appmptitr audit evidence rewdiD8 compli•Ke with law5 thathave a diffth effect on th¢ d¢t¢nnJ]￿1on of matsrial amounts and disclosu￿9 TTh the financial Statemen￿ to wform audit prc*edurES help identify irtstsnee$ of J)On-compliarttt with other laws and rtgulati(Ks mty have 8 material effeecon th¢ fman¢ial 5tstements. aDd to rE5pond aFvowia*ty ty ithiifie4 or gwected non the chuity's financial st*emall BASIS OF PREPARAT10N .The fin¥n¢ial stat¢m¢nts hav¢ been in a¢¢on1w￿¢ with Ac￿Uth￿n8 8Tr1 Repoiting by Ctwities: Sta*men¢of R￿mMended Pta¢tice applicable to Charities prepwin8 their accounts ttt ac¢ord8rLe wfftth the Financial Reporting sta￿lard applicable in the UK aThl Republic of Ireland (FRS 102) (efftttive l January 2018)- (Charities SORP (FRS 102)). the Fina￿1￿1 Repxmlrg Standard applicabk in ttw UK ard Republic of Ireland (FRS 102>and the Companies Act 2￿6. Stoke City Cornmunty Tr￿51 meets the defjnition of a public t*nefit entity under FRS 102. Assets and liabilities are initialty recognised 8t historical Costortla￿llOR value unless othenvise stated inthe relevant accounting p)licy notrs. The financial ststemerts art prepred in 5terlin8 which is the f¢vKtional ¢urrncy of the Tn￿ Mo￿tary amounts in these ruw￿78] Statell￿ts are rountsl to the neatest £ GOING CONCERN As ￿ nonnal for all clwitte4 the thrity is deEa*knt w incom¢5treants SO &8 g￿tMonICS which may not reoceur. The TTUStee5 have reviewed the financial foreG¥5 believe there ue adequate resources which will t[￿Et the InLStto meet its liabilities for at lea￿ ¢)ne year from the date the fmancial . statements #re si8ned. Forthis 7t&sory the Tn￿ have adopted the going concern basis in preporing the finahci81 statemen tNCOME REC(￿lON The Val￿ of all resources xuuing charitable company aye rttordtd in the Slatelnemt of FiNncTaJ Activities as soon as it is Iwlty effjitled to the 1KQTne.￿ th¢ amou￿ can ￿ quantified ￿ wson&ble accLfdCy. This isdeFrndentonao&ttJal T￿lPt (x cnfort&+leri8htt0ttcei￿ ar¢wnablewtwnty of ￿elpt and wbetherthe monetary v￿ue ¢4n i* suffi¢iendy Teliably rneasu￿ Whete terms and ¢ondili0i￿IelatlTrg otherwi* withift its eontrol. irKome is not rwised is defert￿ as * liability uffjil it ts proi*ble that the required by that ￿nditiOn or is subje£t to unmet coTr1iliL￿ wknlly outside ts control of the recipient charity. is accounted for &s a liability arhl shown ffi the b￿art¢e sheet&% deferred irwnL Deferred incibme is released are met peri(ds concerned and. wljere a￿lICab￿ is 8K¢out*d for as a Iiabilty aThJ sknwn on the $I￿et as there we no spttific time related Conditio￿ th¢ inc(kne is Th)t deferre