REGISTERED CHARITY NUMBER: 1121395
STEVE PRESCOTT FOUNDATION REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
STEVE PRESCOTT FOUNDATION REPORT OF THE TRUSTEES 31 DECEMBER 2023
The trustees present their report with the financial statement of the charity for the year ended 31 December 2023. The trustees have prepared the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number 1121395
Principal Address 42 Daresbury Road Eccleston St Helens Merseyside WA10 5DS
Trustees
M Denning L Prescott A Cunliffe
Independent Examiner
Trevor Hall Associates Limited- Accountants 30 Hamilton Road Garswood Wigan Lancashire WN4 0SU
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Documents
The charity is controlled by its governing document, a deed of trust dated 1 October 2007 and constitutes an unincorporated charity.
Trustees
The trustees who have served during the year and since the year end are set out above. Trustees are appointed each year at the annual general meeting. The trustees meet annually at the annual general meeting and at extra ordinary general meetings as required.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
1. The relief of financial hardship among current and former rugby football players by supporting the activities of Rugby Football League Benevolent Fund.
2. The relief of sickness and preservation of good health, in particular but not exclusively of patients of Christie Hospital in Manchester, by providing or assisting the provision of equipment, facilities and services not normally provided by the statutory authorities.
Significant Activities
The foundation activities this year to raise money was;
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St Helens 10k run
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1000 Mile Walk Challenge
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JV Bowls Challenge
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Golf Weekend
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Liverpool Catherdal Abseil
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Mont Ventoux Challenge
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Pride of St Helens
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Ruskin Christmas Market
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Morecambe Bay Walk
To raise awareness and monies for the RFL Benevolent Fund and Christies Hospital Manchester.
STEVE PREI scorr FOUNDATION REPORT F'fRUSTEES EM ACHIEVEMENT AND PERFORMANCE Fundralslng gctlvltles With the support of the general public, Rugby League sUPPOrtcrs and both past and prc8ent playcrs the charity has held another successful year. Thc biggest event of the ycar was Morocco Mount Toubkal 2023. FINANCIAL Rt.VlEW ' Reserve Policy Monies are held in one principal bank account. We do not hold a large amount in reserves as we donate as soon as il is reasonably possible. FUTURE DEVELOPMENTS Looking forward to the next 12 months the charity is hoping to raisc as much awarencss and money as they can for the Christie and The RFL Benevolcnt Fund. Planned Evenls for next 12 months include St Hclcns Iok 1000 Milc Walk Challenge Pride of St Helens JV Bowls/St Helens Gala Golf Weekend Kijimanjam Taylor's London Marathon Challenge Ruskin Christmas Markets LFC Abseil The Charity will continue to endeavour to reduce costs and raise funds for the causes it supports. STATEMENT OF TRUSTEES RESPONSIBILITIES The tThtees are re.sponsible for preparing the Report if the Trustees and the financial statements in accordance with applicable law and Uniled Kingdom GeneTally Accepied Accounlin8 Practice. The Law applicable to charilies in England and Wales. thc Charities Act 201 I, Charity (accounts and Rcports) Regulations and the provision of the trusl deed requircs the trustees to prcpare fumncial statement for each fllwicial year which give a true and fair view of thL state of affairs of thc charity and of the incoming resources and application of resources, including Ihe income and expenditure, of Ihe charily for that period. Ln preparing those flljancial ststements, the tru?•lccs are required to Select suitable accounting policies and then apply thcm consi5tcntly: Observc the methods and principlcs in the Charity SORP; Make Judgments and estimates that are reasonable and prudent; Prepare the financial statement on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the fjnancial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the charity (Accounts and Reports) relIationS and the provision of the trust deed. They e also responsible for safeguarding the assets of Ihc charity and hence for taking reasonable step. or the prevention and deiection of fraud and other irregularlties. OF THE BOARD: rustees 12024 08/1
STEVE PRESCOTT FOUNDATION INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF STEVE PRESCOTT FOUNDATION
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144-147 and 151-155) of the charities Act 2011 (the 2011 Act) and that an independent examination is required.
It is my responsibility to:
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Examine the accounts under Sections 144-147 and 151-155 of the 2011 Act
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To follow the procedures laid down in the General directions given by the charity Commission (under Section 144-147 and 151-155 of the 2011 Act ) ; and
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To state whether particular matters have come to my attention
Basis of the independent Examiners report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the account present a ‘true and fair view’ and the report is limited to those matters set out in the statements below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that, in any material respect, the requirements:
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To keep accounting records in accordance with 2011 Act; and
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To Prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
Have not been met: or
- To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Trevor Hall Associates Limited - Accountants 30 Hamilton Road Garswood Wigan Lancashire WN4 0SU
Date: 08/10/2024
STEVE PRESCOTT FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2023
| Notes INCOMING RESOURCES Incoming Resources from generated funds Investment Income Incoming resources from charitable activities Morocco Mount Toubkal 2023 Dip For Pecky Evervest Basecamp Race Around Wales 1000 Mile Walk Challenge 2023 1000 Mile Walk Challenge 2022 UK Golf Days Golf Weekend JV Bowls Ruskin Christmas Market Mont Ventoux Challenge 2023 Liverpool Catherdal Abseil 2023 10k Run 2022 10k Run 2023 Pride of St Helens 2022 General Donations Pride of St Helens 2023 Morecambe Bay 2023 Y3P Clothing Sales Refunds Total Incoming Resources Charitable activities Pride of St Helens 2022 Pride of St Helens 2023 Mont Ventoux Challenge Liverpool Catherdal Abseil 10k Run 1000 Mile Walk Challenge JV Bowls JV Bowls Gala 2024 Ruskin Christmas Event Everest Basecamp Challenge Postage Golf Weekend Morocco Mount Toubkal Yorkshire Three Peaks Race Around Wales General Charitable Activity costs Donations to charities Bank Charges Y3P Depreciation Total Resources Expended NET INCOMING RESOURCES RECONCILIATION OF FUNDS Total Funds Brought Forward |
Year Ended 2023 £ 265 72,569 - 250 - 6,490 - - 3,188 17,539 2,408 13,154 5,329 - 11,998 2,000 42,559 6,705 2,864 - - 62 187,380 2,052 2,289 3,388 750 3,525 - 4,955 100 608 - 24 24 24,564 - - 59,887 86,000 167 - 110 188,443 (1,063) 12,929 |
Year Ended 2022 £ 178 - - 64,319 10,177 23,153 - - 9,064 13,445 8,108 - - 20,869 7,426 7,788 23,135 - - 10,717 - 46 |
|---|---|---|
| 198,427 1,175 - - - 33,453 3,944 3,990 - 1,153 36,195 1,116 1,084 - 4,415 3,923 63,086 61,000 164 - 137 |
||
| 214,835 | ||
| (16,408) 29,337 |
11,866
12,929
STEVE PRESCOTT FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Governance Costs & Support Costs | - | - |
| Total Resources Expended | 188,333 | 213,698 |
| Net Income | (953) | (15,271) |
¹
STEVE PRESCOTT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023
1 . ACCOUNTING POLICIES
Accounting Convention
The financial Statements have been prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming Recourses
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
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 yearend date are noted as a commitment but not accrued as expenditure.
Tangible Fixed Asset
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment 20% reducing Balance
Taxation
The Charity is exempt from tax on its charitable activities.
Fund Accounting
Unrestricted funds can be used in accordance with charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes with the object of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Hire purchases and leasing commitments
Rentals paid under operating leases are charged to statement of financial activities on a straight-line basis over the period of the lease.
2. INVESTMENT INCOME
| Year Ended | Year Ended | |
|---|---|---|
| 2023 |
2022 | |
| £ | £ | |
| Deposit account interest | - |
- |
STEVE PRESCOTT FOUNDATION NOTES TO THE FINANCIAL STATEMENTS CONTINUED 31 DECEMBER 2023
3.TANGIBLE FIXED ASSETS
| Equipment | |
|---|---|
| £ | |
| COST | 7,844 |
DEPRECIATION |
|
| Charge for year | 110 |
| Accumulative Depreciation b/fwd. | 7,294 |
| Total Depreciation | 7,404 |
| NET BOOK VALUE | |
| At 30 December 2023 | 440 |
| At 30 December 2022 | 550 |
4.CREDITORS AMOUNT FALLING DUE OVER ONE YEAR
£51,947 Expensed donations from previous years put through profit and loss account that have not been paid over to the appropriate charity, project ongoing.
Monies held in charity in a separate reserve bank account.
STEVE PRESCOTT FOUNDATION NOTES TO FINAL ACCOUNTS CONTINUED 31 DECEMBER 2023
5. MOVEMENT IN FUNDS
| At 01/01/23 Net movement in funds | At 01/01/23 Net movement in funds | at 31/12/23 | |
|---|---|---|---|
| £ | £ | £ | |
| Unrestricted funds | |||
| General Funds | 12,929 | (1,063) | 11,866 |
| Total Funds | 12,929 | (1,063) | 11,866 |
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| Resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted Funds | |||
| General Fund | 187,380 | 188,333 | (953) |
srEVE PRESC0 FOUNDATI BALANCE SHE 31 DECEMBER 2023 Notes 2023 2022 FIXED A&Strs: Tangible Assets 550 CIIRREKf A&SET&. Cash at Bank in Hand Debtors 62,731 63.713 63291 64J54 Creditors: Amounts Falling [e Over One Year (51,975) (51.975) NET CURRENT A&SETS 379 TOTAL ASSE75 LE&S CURREwr LIABILrriFS . NEf ASSE75 FUNDS junrcstrictrd fiAThIs 929 TOTAL FUNDS,. cial entsw approved by th¢ FM)ard of Te¢S on thc 08110J2024 by: in Trust A Cunliffe• Trustrcs