**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;
- St Helens 10k run
- 1000 Mile Walk Challenge
- JV Bowls Challenge
- Golf Weekend
- Liverpool Catherdal Abseil
- Mont Ventoux Challenge
- Pride of St Helens
- Ruskin Christmas Market
- 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:
- Examine the accounts under Sections 144-147 and 151-155 of the 2011 Act
- 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
- 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:
1. Which gives me reasonable cause to believe that, in any material respect, the requirements:
- To keep accounting records in accordance with 2011 Act; and
- 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
2. 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