THE SHOE ZONE TRUST REGISTERED CHARITY NO: 1112972 FINANCIAL STATEMENTS 12 MONTHS ENDED 31 DECEMBER 2021 Page. 1 THE SHOE ZONE TRUST REGISTERED CHARITY NO: 1112972 Trustg9s Anthony Smith Charles Smith Offlce Haramead Business Cent Humberstone Road Leicester LE12LH Bankers HSBC 2-6 Gallowtree Gate Leicester LE1 1DA N8tWest 1 Granby Streel Leicester LE19GT Page: 2 THE SHOE ZONE TRUST REGISTERED CHARITY NO: 1112972 ANNUAL REPORT AND FINANCIAL STATEMENTS 12 MONTHS ENDED 31 DECEMBER 2021 The Trustees have pleasure in wesenb'ng thwr report and the financial statements for the Charity for the year ended 31 December 2021. CONSTrtUTION OF THE CHARITY The Shoe Zone Trust is registered with the Charity Commission for England and Wales as an Unincorporated Charity with the governing document of a declaratM)n of Irusl dated l November 2(Kl5. The Charity is adminislered by the Tfustees listed on Page 1. All of Ihem Se￿ed thioughout the year. The trusiees meet at least quarter OBJECTIVES OF THE CHARrtY The objectives of the Charity are to make granls and donatM)ns to other charities to relieve financial hardship and poverty andlor advancement of &Yu¢ation. mainly for children And young persons under age 18 Part￿ularlY in Lei¢eslefshire and Rudand and for certain charitie5 operdb'ng in the Philippines and other Countries. FINANCIAL REVIEW Income of £319.868 was received. Grants and donatic￿S of £237.588 *Ere paid. No salaries or expenses were paid lo the Iruslees. RESERVES POLICY The unrestricted funds are £333,351. These ￿Ere retained for commitsnents for grants in 2022. RISK FACTORS The Trustees fegularty review the major nsks to the Charity is exwsed and are satisfied that systems a￿ in pla to mitigate exposure. STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees are required lo prepare financial statements for each financial year which give a true and fair wew of the slate of affairs of the Charity and of the income and expenditure a¢¢ount of the Charity for that perKKI. In preparing those financial slalements. the Trustees are required to- - select suitable accounting polices and then apply them consistendy" make judgements and eslimales thal are reasonable and prudent- prepare Ihe financial statements on the going CO￿ern basis Un￿55 il is inappropriate to presume that this basis applies. Page.. 3 THE SHOE ZONE TRUST REGISTEREO CHARITY NO: 1112972 STATEMENT OF FINANCIAL ACTIVITIES 12 MONTHS ENDED 31 DECEMBER 2021 Note 2021 2021 2021 2020 INCOME AND EXPENDITURE Totsl Unrnstrlet•d ReJtrict•d Total Incoming resour¢ Cairiei bag In￿Me donated by Shoe Zone Retail Ltd Donations Inlerest 317,365 2.490 13 317,365 161,062 617 243 2,490 13 Total Incoming re8ourc88 319.869 £ 317,378 £ 2,490 £ 161,922 RM¢)ur¢K oxp•nd•d Direci charitsble giving Total resources expended 237.588 237.588 237,588 £ 237,588 £ 211,560 £ 211.560 Nèt incominglltsutgoing} resources 8818ncè brought forwaid 1 January 2021 Balan¢• ¢arr￿d lonward at 310ecember 2021 82.200 254.644 79,790 253,561 2,490 1.083 3.573 £ 254,644 149,6381 304.282 £ 336.924 £ 333,351 £ BALANCE SHEET AS AT 31 DECEMBER 2021 2021 2020 HSBC Current account CGLA deposit fund Net and curront a88•ts 244.241 92.683 161,974 92,870 £ 254,644 336,924 Unrestricted funds Restricted lund¥ 333,351 3.573 253,561 1,083 Tot•1 funds 336.924 £ 254,844 These financial stslements were apwo¥ed by the Imslees on arKI signed on their tehalf by. J CFL. Trustee Page". 4 THE SHOE ZONE TRUST REGISTERED CHARifY NO.. 1112972 NOTES TO THE ACCOUNTS 12 MONTHS ENDED 31 DECEMBER 2021 1 ACCOUNTING PCLICIES The accounts are prepare(J un¢Jer the historical cost ujnvention and in acG(wdance vhth applicatAe accouth'ng sland8rds.' 'ACC￿nting and Rèporting by Charities". The Statement of RecortYnerKled Practi￿, ISORP) and Thè Financial Fieporting Standard applicable in the UK and Reputrkn ol Ire￿r￿1 IFRS 1ff21 Se¢ticA1 18 apKI￿able to smamer ¢th"ties. The financial statements are Prepared in Sterl￿g. wlith 1$ the fwKtional currency of Ihe Charity. Monetsry amount5 Jre a ioun(kd to the nearesl £. The unrestricted funds are fU￿S which can be used in ￿¢¢Idance with the charitable 0bj.ect￿eS at the di$￿tion of the b Truslees Restrict¥d fuNl$ ccffipnse ¢Jnexpended baances ol thnalion5 8nd grants held on twust lor specific purposes. c InGc¥ne is accounted lor on a rÈcÈiv8ble basis. ExpeThJttJre is *countsd on 8n a¢cruals basis. The charity has taken advantage oflhe exemplon in FRS 11r2 Sèclmy) la frcm the requwement to produce a cash flow d ststemenl on the grounds that rt 1$ 8 Small chafitaue ¢xganisalK)n. The sh￿ Zon¢ Tiust ts a fegislere(l ¢harrty aThJ is not subjed to tsx on rts th￿es. The ¢harity is not registered for VAT aThJ therefore VAT is not recoywa￿e aTrJ * inckthd within expen$e$ recogni5ed in e the ststement of financial a¢tivrttes. Al the lirne of •pproviThJ the financi*l Statem￿ts, tr￿ Trustees have a ￿asOna￿e expeclation that the Charity has adèquatè resources to continue in (V￿0￿0nal exstence forthe foresee*e ftrture. Thus lh& Trustees. ccfflts'nue to adopt I the yoing eoncern basis ol accountin9 in ￿paring the ￿3fte￿al statements. 2 DIRECT CH*JIITA8LE GNING 2021 2021 2020 2020 Unrestricted Restricted National Emergencies Trust Shepherd of the Hills- Ph￿ippineS Amanlani M￿ls111e8 Wrthr)ul 8orders- Philippinès Wishes 4 Kids The Menopause Ch Leicester Charity Link Young Leicesletshiie Ltd CORD othèr 2S,000 73,588 17242 17M39 10.000 25.000 10,000 10,01)0 25.000 23.919 .000 43,549 .453 14.069 10.OOD 10.OOD 10.000 43,489 £ 237.588 É £ 211.560 £ 3 RELATEO PARTY TRAPISACTIONS The Trusteès are Directors of Shoe Zone RetaA Limited. who made donabon5 in the year of£317.36512020'. £161,062). None of the Trustees Inor any persons connected with them) rerENed ary remunerthy) or benefils from th8 charitable organisation during th8 ojrrenl and year. Page.. 5 THE SHOEZONE TRUST REGISTERED CHARITY NO.. 1112972 IMDEPENDENT EXAIIANER'S REPORT TO THE TRUSTEES I report to Charlty's Trustees on my examination of thefinancial statements of the Charity for the yearended 31 Decerllber Thi5 report 15 Tnade solely to the Trustees as a body. in accordance with the regulatk)ns made under sectlon 154 of the Charities Act 2011. My work has been undertsken so that I might state to the Charity'5 Tntstees those matters l arn required to state to them in an ￿￿ependent exatTJine¢s rep)rt and lor no other purpose. To the fullest extent permitted by law, I do not accept or assume respon51blity to anyone other than the Charity and that Charity's Trustees, as a body. for my WOTk. for this Respectlve respon8ibilili•s ol Trustees and e￿in•￿ The Charfty'sTrustees are responyiAe for the PreParat￿n olthe financial staternents. The Charitfs TrLLStees c￿iderthèt an audit is not required for this year lundei sect*)n 144(2) of the ChaTiliesMt 2011 (the Act)) and that an rndependent examinatw)n is needed. Having satisfied myself thatthe accounts of the tharity are not required to be audited andareelEitrAe for independent examinatlon. It lsmy respon5ibdity to: exatlline the fi"naTKhil Statements under section 145 of the 2011 Aci,. and follow the procedures lald down in the Genwal Dre￿ 15 g￿en as to whether the financrdl statements present a 'tnJe and tsirview. andthe report is Iwnited to those matters set out in the statement below. Independent examlnerfs ¥tstemMt Since the Charity's gross income exceeded É250,OOOyOLf examiner must be a meM1￿rOf a body listed in section 145 of the ChaTltlesAct 2011. 1 confwm that i am quallfed to undertake the examinatw)n because l arn a member ol the Instltute of Chartered Accountants in England and Wales, which is one of those listed bodies. In connection with my exam1natK)ry I confirrn that no matter has come to my attentlon.. (i) wh¥ch gives me reasonable cause to believe that. in any rnaterial respecl the re(BJTewnents.- to keep aCCo￿￿tIng rKord5 in accordance with section 130 of the 2011 Act., and to prepare fI￿n(la7 statements which accord with the accounting records and cO￿Y with the accounting requirements ol the 2011 Act have not been rneL ¢Jr (21 to which, in my oplnlon, attention should be drawn in order to enablea proper uThJerstanthng of the finarKla statements to be reached. Catherine Kelly FCA Cooper Parry Group Lbmlted Chartered Accounlanls Signèd.. Dale: 26 October 2022