Company registration Iiumber.. 063i0349
Charity registration number.. 1121854
Stone Community Hub Ltd
(A company limiied by guarantee)
Annual Report alld Financial Statements
for the Year Ended i l July 2020
Daryl Denson ACMA
VAST
The Dlldson Cejitre
Hat]ley
Stoke-on-Trei)t
STI 5DD

Stone Community Hub Ltd
Contents
Reference and Administrative Details
Chaimian's Report
Twstees Report {incorporating the Directors. Report)
3to8
Independent Examiner'5 Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
12to24

Stone Community Hub Ltd
Refer¢n¢¢ and Administrative D¢t#ils
Patron
Viscount Hugo S[￿dOn
Trustees
lan Fordham
Kaihryn Platt
Allan Sl)epherd
Nicholas Frankish
Johii Haine
Simon Walsh
Seeretary
John Haine
Senior Management Tearn
ETnma Walton (from September 2019)
Principal Office
Frank Jordan Centre
Liehfield Street
Stone
Stsffordshire
ST15 8NA
The charity is incotporated in EllgIE￿d.
063i0349
Company Registration Number
Charity Registration Number
1121854
Banker5
Barclays Bank
45 High Street
Stone
Staffordshire
ST15 8AQ
Daryl Denson ACMA
Independent Examiner
The Dudson Centre
Hanley
Stoke-on-Trent
STI 5DD
Page I

Stone Community Hub Ltd
Chairman's Report for the Year Ended 31 July 2020
Thank you for your interest in Stone Community Hub and welcome to our Annual Report for 201912020.
This has beeii a year of 2 distinct parts. Between August 2019 and March 2020, The Hub continued to 5etve a
growingF number of client5, while TnJ5tee5 M'orked with staff and volunteers on developmeiit of a new strategy
that will eiiable us to increase the nuniber of services that we offer and reach more residents of Stoiie and
surtounding areas. Duiing March, it became clear that the Pandemit would materially affect our core activity
and the decision was taken to delay implementatioi) of the new strategy. suspend nom)al seivices and focus
activity 01) the Food Bank for whicl) there was already an unprecedented deinand.
During this latter period. we have beei) fortunate to enjoy the continuing support of staff and volunteers (both
existing and new) at a time when we were often providing as man}. as 10 times the number of food parcels as in
'more nLim]al' times. We are unfortunately anticipating a further surge in demand once Govemment furlough
schemes are phased L)Ut over the Climing weeks.
Trustees would like to record their thanks to the growing number of Members and our many donors whose
generosiry has enabled The Hub to continue its operations at a time when the usual fund-raising activities have
been suspended due to Ihe Pandemic. We have been fortunate to receive emergency grant support from TO￿￿.
Borough and county authorities and from sever81 other providers including a National Foundation. This income,
together ￿lth that from the continiiing generosiry of local residents, has enabled us to continue operations and
sirengthen our reserves for what we expect 10 be a very uncertain period during which fund-raising and grant
income will be increasingly hard to obtain.
We ￿'OUld also like to place on record our appreciation of the support received from Stone Town Council that
enabled us to continue operations at the Frank Jordan Centre diirin£ lockdo￿1 and expand into a second room
when demand necessitated increased space for food storage and more working area due to social distancing
requirements.
We are plaiining for a return to 'more iionnal, 5ervice5 biit cannot yet tnake any realistic assessment of timing5.
We are seein&T ali increase in the adverse effects of social isolation amongst ekistingF client5 and indeed Inore
'idely
and we are workiiig to maintain what coiitacts we cali and looking at Iiew ways to help alleviate the
issue whilst confonnin¥ to Government guideline5. Once we do restart 'norynal operatior15 , hopefully at Some
point duringF 20?1. it will be in line with the iiew strategy and M'ill provide us witli a broader rangye of 5ervice5.
My fellow Trustees and I would like to thank my predecessor as Chair. Allan Shepherd, for his work in steering
The Hub through its often-difficult early years, and Judith Kelt for her work as a Trustee prior to her stepping
down in January. We would also like to welcome Simoii Walsh who joined us as a Tnjstee iii May.
I would like to conclude by thanking Viscount Hugo Sandon for his contii)uing support as Patron ol. The Hub
and our many supptsrters in the local community as well as our staff, members and volunteers. for makii)g our
work with clients possible. I hear many people say that Stone is a special place with a remarkable community
spirit. Thai is most certainly true.
On a personal note, l am coming to the end of my term of olTice as Chair and would like tl) thank you all for
your supporr during whai have been ditTicult, yet rewarding times.
lan Fordham
Trustee
Page 2

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tor$' Report)
The trustees, ￿h0 are directors for the PUTP05es of company law, present the annual report together with the
financial statements of the charitable coinpany for the year ended i l July 2020.
Trustees
lan Flirdham, Chair
Kathryn Platt, Treasurer
Allan Shepherd (resigned 5 Nowen)ber 2019 at)d appointed 18 November 2019)
Nicholas Frankish
Judith Kelt (resigned 31 January 2020)
John Haine
Simon Walsh (appointed 20 May 2020)
Strueture, govermanee and management
'&/ure ofgoverRing do¢uFuenl
Stone Community Hub 15 a company limited by guarentee. It is opened under the rnles of its memorandum and
articles of association adopted l August 2007 and amended by certificate of incorporation on change of iiame
dated 3 February 2015.
Reerulimenl omd appointment of Irustees
Trustees set the Hub's goals and support staff to achieve them. These are volunthry positions that require
attendance at regular Trustees meetings plus some preparatory and follow up work as required. Above all we are
looking for enthusiasm, integrity and commitment. All our trustees should be..
committed to improving the lives L)f people in the Stone area
villing to devote the necessary time and effort to their trustee responsibilities
interested in contributing to the development of a small charity organisation
possessed of good judgemeni. ready to speak their mind and willing tl) take a team approach to problem
solvin£ and mallagement
We welcom¢ approa¢he5 from intere%t¢d individuals. as well as advertisillg on charity s¢¢tor w¢bsit¢s {¢.g.
do-it.org) and in local media and makillg direct approaches to profcs8ianal bodies and other voluntary
organisations. W¢ take ¢are to r¢sp¢rt diversity and manag¢ any ¢onflicts of interest.
Candidates are encouraged to visit the Hiib's web5lte and if possible, one of our sessions at the Frank Jordan
Centre. Referees M'ill be approached to provide references as to the candidate's suitability for the role.
Candidates are invited to meet with the Chair and the Treasurer, ai)d to attend a Trustees meetinLT as an obsetver.
An existing Tn]stee can help with the Process or answer any queries.
Imduciioll ulldlrainin£ Qflruslees
New Trustees receive an information pack on the Hub's purposes, operations. fundraising activities and their
own responsibilities. Trustees are encouraged to expand their skills through additional training or support.
Page 3

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tors' Report)
Objectives and aetivities
Objects ond uims
Our Aims and Objectives (as specified in the Memorandum of Association) are:
a) To act as a resource for pcople living in Stone (Staffordshire). and district. by providing advice and assistance
and organising progrdmmes and other activities as a means of..
advancing iii life and helping people by developing their skills. capacities and capabiliti¢s to enable them to
participate in society. as independent, mature and responsible individuals.,
advancingF education. and
providiiig recreational and leisure time activity in the interests of social welfare for people living in the area of
benefit who have need by reason of their age, iiifitynity or disability, poverty or Social aiid economic
Circumst￿)ceS ￿'1th a view to improving the conditions of life of such persons.
Publle beneJ71
Stone Community, Hub is a registered charity dedicated to improving the lives of residents of StL)ne and
surrounding villages through support and advice. Our activities fall into 2 main are&s'.
combating social isolation- drop-in cenire, people to talk to, crafting & refreshments,.
reducing poverty and its effects- advice centre, job club & free emergency parcels
During the summer holidays and at most s¢h(K)I holiday times we offer one session per week of parent l¢hild
¢raft or cookery.
From March 2020 oiir activities have been limited by COVID-19 and resulting restrictions. We continued to run
our Food Bank, meetijig a huge increase in demand, and kept in touch with client5 old and t]ew by telephone,
email, social rnedia and it] person (respecting social distancing).
In addition, we work in partnership with the following gTOUPS to help mutual clients..
Local Support Team (for team around the family meetings)
Stafford and Rural Homes
Womei)'s Aid
The trustees confim) that they have complied with the requirements of section 17 of the Chariiies Act 2011 to
have due regard to the public benefii guidance published by Ihe Charity Commission for England and Wales.
u.se Of volunleers
Withoiit the 5UPPOrt of our volunteers (22 in total) we would not be able to open or operate as we do.
Our volunteers.. Make coffee & tea, answer the phone, talk to the people who come in, look after our IT systems,
help repair people s coinputer5, help people with their cv'5, ¥iVe iiiterview advice aiid practice, ¥ive people lifts,
help with cookery ¥roup5, uiipack and sort food doiiations, lielp prepare emer¥ency parcels, deliver einer¥eiicy
parcels, help with admin, run craft 5e55ions and promote what we do.
Patron
The Trustees continue to benefit froin the support and advice of our Patron, Viscount Hu¥0 Sandon.
Page 4

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tors' Report)
Aehicvcmcnts and performance
In Autiimn 2019 ￿..e w¢rc vcry well supported by local schools in their Harvest collections, with stock levels in
the food bank topped up magnificently.
At Christmgs we provided a fabulous three-course festive lun¢h to over 60 clients, with amazing support
financially and in-kind from local businesses and organisations - ￿'hICh mcant that the financial cost to the Hub
was miniinal. A local Cllbs graup were ￿0nd¢r￿llY supportive - Cubs. parcntslcarers and the leaders prepared
over ?0 shoe boxes full of gFoodies. H,hich, to(Tether ￿'1th other kind donation5. made it Possible to gFive a gift box
to all clients who attended. We were a150 very lucky to have beeii joiiied on the day by four of the boys, who as
Santa'5 little helper5 were ali amazing help oil the day- a total credit to themselves ai)d their group.
Our Winter Woiiderland craft session held in January 2020 was a big hit with almost 50 local childret] and
adults enjoying a Creative l)oui of winter-based crafts.
Generally, demand for our services continued to rise pre-COVID. Our weekly hot meal "Hub Grub" on a
Monday was particulaily populai and we w'ere, at times, l)unting to find enough chairs to seat everytsnel We
very much focused on rdising awaieness of the serviLes provided on social media ai)d in the local press which
led to a steady increase ii) footfall ai)d new clients visiting us.
The Coronavirus pandemic and March's national lockdown gave us no option but to suspend the majoriry of our
nomial support services, and concentrate on providing individual support to existing and new Clients as well as
emergency food parcels from our Food Bank. During the w,hole of 2018-19 we provided 297 food parcels. In
2019-?O the number was 1.304. of which 1.015 from March 20ih to i I si July. Of this 1.015, 761 were delivered
by volunteers to local residents who were unable to collect a parcel from us for a variety of reasons, including
shielding.
When COVID hit and the lockdO￿n ￿aS announced. li was very quickly apparent that life was going to be very
different for us at the Hubl Within two weeks of lockdown starting. demand for emergency parcels rose
dramatically. going from around 20 parcels a week for Ihe first two weeks to double that in the ￿eekS that
followed for a short time, steadily increasing ￿eek on M'eek. The peak demand for parcels was between the start
of May to mid-june wheii ￿'ere providing around 70 parcels a week. By the end of July, demand had
dropped slightly to around 60 parcels a week.
Urgent a¢tion had to be taken very shortly into lockdow) where we were severely la¢king in space to be able to
socially distance from each other. and indeed to fit all stock levels in our one room. Urgent discussions were
held with Stone Council who very kii)dly agreed to gFive us free 115e of the adjacent St. Michael'5 Suite.
Diie to the Inas5ively-increased space, we were able to gFet Tnore volunteer5 ill to help pack parcels and rail two
packing lines which wa5 very effective and efficieiit.
At the start of lockdowii, Tnany of our existingF volunteers were unable to contiiiue to help us for vari0115 reasons.
A recruitment drive wa5 held via social Tnedia: the Stone Helpline and Siipport Staffordshire, resiilting iii Inore
than 40 new volunteers to help pack parcels and deliver to people in Stone ai)d surtounding villages.
Page 5

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tors' Report)
Diiring lockdown, the level of 5UPPOrt from local people, businesses aiid other orgFanisations was absolutely
brilliant, Iiecessary but brilliant. There Th'as a con5taiit stream of people knockingF on the door with financial
donations, doiiations of food: toiletrie5, paper gFoods, craft item5, book5, jigsaw5. toy5 etc. The 5UPPOrt from
local cafés, piibs aiid re5taurai)ts amazing, with so Inany contacting us to empty their fridge5 and store
cupboards of stock that would have bFone to waste. Thi5 Stock wa5 50 very much iieeded and welcoine. Some
highlights-.
Costa Coftee travelled aroui)d all of their stores in the local area including those based in shops to eollect their
stocks of drinks. si)acks, cakes etc. and donate to us.
The Staftordshire Football Association emptied the drii)ks and si)ack stocks from their club houses to us
together with a huge bag full of new footballs which were given oui to local children with food parcels.
Stone Rotary ieamed up with Lee Walker Butchers and All Seasons Greengrocers to prlivide a supply of
enL)ugh fresh meat, eggs and fruitlveg for all parcels per week ai no financial cost to the Hub.
Stone Round fable have provided regular donations of much-needed supplies.
Omua Foods in Leek gave us a large supply of cheese and butter w,hich ￿'aS gratefully received.
Our supemiarkets in Stone have been an absolute lifeline. M&S donaie food to us three times a week, with
Aldi and the Co-op once a week each. We were also fortiinate to be nominated as one of the Co-op's Ihree local
causes in October 2019, and this has been a great fundraising source as well as fomiing closer links with the
Eccleshall Road store. Morrisons, and their Community Chgmpion in particular. have worked so hard 10 support
us. with in-store donation points. putting together bags of go(ds we are in need of. and donating a whole pallet
of supplies every week for the first three months of the pgndemic.
A vehicle hire finn in Newcastle very kindly helped us out ￿'1th collecting these donations from Morrisons in
one of their lorries. and unpacked for lls in the food bank. after one of our volunteers who had a van had to go
back to work.
Many local residents donated their NHS food parcels to us. allowing us to re-distribute supplies where they
were most needed.
Many people very kindly agreed for a food collection point to be held outside their house for people to donate
B&M donated £1,500 for stock.
We have a150 worked with other food banks and charities to help each other out and swap stock that we didn't
need throu¥hout.
155ue5
We have been contacted by so many new clients needing help who, for one reason or another. find themselves in
dire financial straits and cannot afford supemarket supplies for themselves and their families. We would
nomially never come into contact with then).
In terms of the food parcels, the number of clients we now support far outweighs the number we supported
pre-COVID but we suspect there are still many people locally who desperately need help but haven't asked for
it. We continue to use social media to promL)te whal we do and to encourage people to get in touch with us to
see how w'e can help.
A key issue that the Hub seeks to address is social isolation. Throughout lockdom'n we have been concerned by
the damaging effect of enforced isolation. As a Drop-in centre we don't always have contsct details for clients,
but where ￿'e do, we have been in regular Contact with them to offer ongoing siipport and Check on hom, they are
coping with the 'neiv nomial" Obviously, Ihe social isolation will have particiilarly hit those who have been
shielding very hard and we look forward to a time we can address this.
Page 6

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tors' Report)
Fundraising Actii'ities
Membership.. RegFular giving increased by 29Q/o in the year. We thank our member5 for their steady support in
the past year. Expai)dii)g our membership scheTne is a priority for the coming year.
Donations= In reaction to the COVID-19 crisis and our appea15 for support, donation5 (from members,
noi)-members, individuals and organisations) increased hugely in the year. Doi)ations were received ii) tash. by
eheque, direct to our bank account, via our Golden Giving page and through our Facebook page. We also
received generous in-kind support froin local organisations towards stocking ai)d iunnii)g the Food Bank.
Events and Activities.. Our annual fundraiser at Sandon Hall. planned for late March 2020. had to be cancelled
due to lockdown. The autumn Quiz at Granvilles raised £4?], and Morrisons and their customers again
supported us with another best-ever'bag pack" result L)f £652. A Lymestone Brew'ery evening raised £198, and
we are very grateful to supporters M,ho respectively ran a maraihon. submitted to a head shave and undertook a
running challenge raising £? ?96 between them.
Grants.- We received 14 grants in 2019120. compared with 6 in the previous year. The increase was due to the
contribiition of a grant-writing team {￿.Idenlng the range of applications, and increasing the number of
applications made) and successful bids for COVID-19 funding from local and national funders.
Funders
£7,500 Coronavirus Support Fund- coronavirus
£9,927 Stafford Borough Council (2 grants) - coronavirus
£2,600 Donald Forrcstcr Trust
£2,000 Albert Hiiiit Trust
£1,527 Housing Plus Group - coronavirns
£1,104 Co-op Local Community Fund
£1,350 Staffordshire Coiint), Council {2 grants) - coronavirns
£1,000 Rowle}' Trust- holiday hiinger
£1,000 Staffordshire Coinmunity Foundation- coronaviru5
£400 Nel￿boUr]Y - coronavirlls
£iOO Marsh Christian Trust
£200 Rowley Trust- coronavirus
Financial review
We had budgeted a small surplus for the year 2019120. Significantly.increased incoine from grants and
doi)ations, and below-budget costs (partly due to suspending activities due to COVID-19 restrictions}, more than
offset the cancellaiioii or rundraising events fron) Marcl) onwards.
At year end we recorded a surplus of £28,912, with strong reserves of 24 months of expenditure.
A further £5,(X)O has been invested ii) a Charities Fixed Interest Fui)d managed by CCLA Investment
Management Ltd. one of the UK'S largest charity fund managers. At 31 July 2020 this investment was valued at
£10,646 (book cost £1 0,000).
Policy oil re.serves
The Trustees recobFni5e the need to manage prudently the finances of the organisation and protect the positioi) of
potential creditors and employees by..
Eiisuring iii)restricted reserves to the equivalent of a minimum of 3 months, budgFeted expenditure plu5
restricted ￿ndS and;
PuttingF in place corrective action should the level of reserves fall below this level and,.
Trig¥ering an orderly closure of the organisatioi) and the tennination and settlement of coi)tracts should
unrestricted financial reserves fall below I month's budgettd expenditure.
Page 7

Stone Community Hub Ltd
Trustees Report {in¢orporating the Dir¢¢tors' Report)
Small Company Statement
This report has been prepared in accordance with the special provisions for small companies under Part 15 of
the Con)paiiies Act ?006.
The annual report Mas approved by the trustees of the charity oi) . 31312021 and signed oi) its behalf by..
lan Fordham
TTUStee
Page 8

Stone Community Hub Ltd
Independent Examiner's Report lo the trustees of Stone Community Hub Ltd
I report to the charity trllstees on iny examination of the accounts of the charity for the year ended 31 July 2020
.hicli are set out on pabFe5 10 to 24.
Respcetiwe responsibilities of trustees and examiner
As tl)e charity's trustees of Stoi)e Communitj. Hub Ltd (and also it5 director5 for the putpose5 of company law)
you are responsible for the preparation of the accoui)ts iii accordance with the requireTneiits of the Companies
Act 2006 ('the 2006 Act'}.
Having satisfied myself that the accounts of Stone Communitj. Hub Ltd are iiot required to be audited under Part
16 of the 2006 Act and are eligible for independent exarniiiation, I report iii respect of Tny exainination of }'our
eharity's accounts as carried out ui)der sectioi) 145 of the Charities Act 2011 ('the 201 l Act'l. In carryii)g out
my examinatioi) I have followed the Directions given by the Charity Commission under section 145(51(b} of the
2011 Act.
Independent examiner's statement
I havc complctcd my examination. I confim) that no matters have come to my attention in connection with the
examination giviiig me cause to believe..
accounting records weie not kept ii) respect of Stone Coinmunity Hub Ltd as required by section i86 of
the 2006 Act: or
2. the accounts do not accord with those records,. or
3. the accounts do not comply Th'ith the accountiiig requirement5 of 5ectioii 396 of the 2006 Act other than
any requiremeiit that the accounts gyive a 'true and fair vieH which i5 not a inatter 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 lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland {FRS 10211.
I have i)0 concems and have come across no other Inatters in connection with the examii)ation to which attention
should be drawn in this report in ordei to enable a propel understanding of the accounts to be reached.
Darvl Denson ACMA
VAST
The Dudson Centre
Hanley
Stoke-on-Trent
STI 5DD
Date..
0910312021
Page 9

Stone Community Hub Ltd
Statement of Finaneial Activities for the Year End¢d 31 July 2020
(Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains
and Losses)
Unrestricted
funds
Restrieted
funds
Total
2020
Note
Income and Endowments fro￿.
Donations and legacies
Other trading activiiies
56,927
3,744
3,270
60,197
3,744
Total income
60.671
3,270
63,941
Expenditure on..
Raising tunds
Charitable activities
14301
(31,787)
{430)
(35,245}
lJ.458}
Total expenditure
Gainsllosses on investtnent assets
(32.217)
646
lJ.458}
(35,675}
646
Net incomel{expenditure)
29,100
11881
28,912
Net movement in fvnds
29,100
11881
28,912
Reeoneiliation of funds
Total funds brought forward
26.868
2,179
29,047
Total funds catTied fonvard
18
55,968
1,991
57,959
Unrestricted
Restricted
funds
Total
2019
Note
Income and Endowments fro￿.
Donations and legacies
Other trading aLtivities
Other income
25.788
5.158
30,946
10.193
200
200
Total income
i6,181
5,158
41,339
Expenditure on:
Raising funds
Charitable activities
(4.656)
28,786
14.656)
33,071
4,285
Total expenditure
33,442
4,285
37,727
Net income
2,739
873
3,612
Net movement in ￿ndS
2,739
873
3,612
Reconciliation of funds
Total funds brought forward
24.129
1.306
25,435
Total funds carried fonvard
18
26,868
2,179
29,047
All of the charity's activities derive from continuing operations during the above two periods.
The i)otes On pages 12 to 24 form an integral part of these financial statements.
Page 10

Stone Community Hub Ltd
(Registration numb¢r: 06330349)
Balanee Sheet as at 31 July 2020
2020
2019
Note
Fixed assets
Tangible assets
Investments
13
14
2,299
10,646
2,041
Current assels
Dcbtors
Cash at bank and in hand
15
16
2,936
46,000
2,812
25,397
?8,209
Creditors: Amounts falling due within one year
17
13,922)
11 ?03)
Net Current a$5ets
45,014
27,006
Net assets
57,959
29,047
Funds of the charity:
Restricted income funds
Restricted funds
18
,991
2,179
Unrestricted income funds
Unrestricted funds
55,968
26,868
Total funds
18
57,959
29,047
For the financial year ending 31 July 2020 the charity was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating io small companies.
Directors, responsibilities..
The members have not required the charity to obtain an audit of its accounts for the year in question in
accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to compaiiies subject to the
5niall coinpanie5 re¥iine.
The financial statements on pages 10 10 24 were approved by the trustees, and authorised for issue on
31.312Q.21
. and signed on their behalf by..
lan Fordham
Trustee
The i)otes On pages 12 to 24 form an integral part of these financial statements.
Page 11

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
Charity status
The charity is a charity limited b}, guarantee and consequently does not have share ¢apital. Each of the members
15 liable to contribute ali amount not exceedingj £1 O towards the assets of the charity in the event of liquidation.
2 Accounting policies
Summary ofsignifieant accounting polieies and key. aeeounting estimates
The principal accounting policies applied in the prepargtion of these fingncial statements are set out below.
These policies have been consistently applied to all the years presented, unless Otherw'ise stated.
Statement of complianee
The financial statements have been prepared in accordance with Accounting [￿d Reporting by Charities..
Statement of Recominet]ded Practice applicable to charities PTeparing their accoujits in accordance with the
Fin[￿Cial Reporting Standard applicable in the UK ￿ld Republic of Ireland (fRS 102) (effective l January
2019) - (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 1021. They also comply with the Companies ALt 2006 and Charities ALt 2011.
Basis of preparation
Stone Cliniinunitv Hub Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recogni5ed at historical cost or transaction value unless otheNise stated in the relevant accounting
policy notes.
Going ¢on¢¢rn
The trustees consider that there are no material uncenainties aboui the charity's ability to continue as a going
concem nor any significant areas of uncertainly thai affeci the canying value of assets held by the Charity.
Exemption from preparing a cash now 5tat¢ment
The charity opied io adopt Bulleiin I published on 2 February 2016 and have therefore not included a cash flow
siatemeni in these financial staiements.
Income and endowment5
All income is recognised once the charity has entitlement to the income, li is probable Ihai the income will be
received and the amount of the income receivable can be me&sured reliably.
Donations are recognised when the charity ha5 been notified in WTiting of both thc amount and settlement date.
In the event that a donation 15 siibject to conditions that reqiiire a level of perfonnance by the charity before the
charity is entitled to the funds, the income is defetTed and not recO￿ls¢d until either those conditions are fully
et. or the fulfilment of those coiiditions 15 wholly ￿.]thin the control of the charity and it is probable that these
conditions will be fulfilled in the reportin¥ period.
GruNts reeelv4ble
Grants are recognised when rhe charity has an entitlement to the funds and any CL)nditions linked tl) the grants
have been met. Where performance conditions are attached to the grant and are yet to be met, the income is
reclignised as a liability and included on the balance sheet as deferred income to be released.
Page 12

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
InwE5tmenlincome
Interest on fund5 held oil deposit 15 Iiicluded when receivable and the amount can be measured reliably by the
charity; this 15 notrynally upon notification of the interest paid or payable by the bank. Dividends are recognised
once the dividend ha5 been declared and notification has been received of the dividend due.
Expenditure
All expenditure is recogniged once there is a legal or constructive obligation to that expenditure. it is probable
settleinei)t is required and the amount can be Ineasured reliably. All costs are alloLated to the applicable
expenditure heading that aggregate sin)ilar costs to that categonj. Where costs cannot be directly atiributed to
particular headings they have been alloLated 01) a basis coi)sigtent with the use ol. resources. w'ith central staff
Losts allocated on the basis of time spent. and depreciatioii charges allocated 01) the portion of the asset's use.
Other support costs are allLKated based on the spread of stsff costs.
Rai.suigfunds
'l-hc%e are costs incurred in attracting voliintary income, the management of investments and those incurred in
trading activities Ihat raise ￿nds.
Chtsrltthble aeilvliles
c.haritable expenditure Comprises those costs incurred by the charity in the delivery of its activities and services
for its beneliciaries. It includes both costs that cai) be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory requirements,
including audiL strategic management and trustees's meetings and reimbursed expenses.
Government grants
Government grants are reeognised based on the accrual model and are measured at the fair value of the asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue
are recognised in income over the period in which the related costs gre recognised. Grants relating to asseis are
recognised over the expected useful life of the asset. Where part of a grant relgling to an asset is deferred, it is
recognised as deferred income.
Taxation
The charity is considered to pass the tests sei out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the
charity is potentiallv exempt from taxation in respect of income or capital gains received within categories
covered by Chapter 3 Part I l of the Corporatioii Tax Act ?01 O or Section ?56 of the Taxatioii of Chargeable
Gains Act 1992, to the extent that such incoine or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated
depreciatioii and subsequent accumulated impaitTrent 105se5.
Depreciation and amortisation
Depreciatioii is provided 011 tangible fixed as5et5 50 a5 to write off the cost or valuation, less any e5titnated
residllal value, over their expected useful econotnic life as follom's..
Page 13

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
Asset cla55
Furniture & fittings
Computer equipment
Depreciation rnethod and rate
25 /0 reducing balance
25 /0 reducing balance
Fixed assel investments
Fixed asset investmeiits, other than programme related investments, are included at market value at the balance
sheet date. Realised gains and losses on investments are calLulated as the di￿erenCe between sales proceeds and
their market value at the stan of the year, or their subsequent cost, and are charged or credited to the Statement
of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are credited or
charged to the Statemeni of Financial Activities based on the market value at the year end.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of biisiness.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impaimient. A provision for the impaimient of trade
debtors is established when there is objective evidence that the Charity will not be able to collect all amounts due
according to the origijial tern]s of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call dep05lts, and other short-terni highlv liquid
investsneiits that are readily convertible to a knowii arnount of cash and are subject to an insignifica]it risk of
chaiige in valiie.
Fund structure
Unrestricted iiicotne funds are ¥eneral fuiids that are available for use at the trustees, di5crttioii in furtheraiice of
the objectives of the charity.
Restricted income funds are those donaied for use in a particular area or for specific purposes, the use of which
is resiricted w ihai area or purpose.
Pensions and other post retirement obligation5
The chariry operates a defined contribution pension scheme which is a pension plan under which fixed
contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further
contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to
employee service in the current and prior periods.
Contributiolls to defined contribution plans are r¢cognised in th¢ Statement of Financial Activities when they are
due. If contribution payments ¢xc¢ed th¢ contribution due for s¢rvi¢e, the ex¢ess is recognised as a prepayment.
Page 14

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
3 Income from donations and legacies
Unr¢5tricted
Restricted
fund5
Total
2020
General
Donations and legacies:
Donations from Climpanies. trusts and similar
proceeds
Gift aid reclaimed
Grants, including capital grdnts.,
Govemment grdnts
Grants from other charities
34,074
3,495
720
34,794
3,495
3,927
15,431
350
2,200
4.277
17,631
56,927
3,270
60,197
Unrestricted
fund5
General
Restricted
fund5
Total
2019
Donatiolls and legacies:
Donations from coinpanies, trusts and similar
proceeds
Gift aid reclaimed
Grants. including capital grants.,
Govemment grants
Regular giving and capital donations
14,855
2,448
1,180
16,035
2,448
3,978
3,978
8,485
8.485
25,788
5,158
30,946
4 Incorne from other trading activities
Unrestricted
fund5
General
Total
2020
Local ￿ndraIsing and street collection income
3,744
3,744
3,744
3.744
Unrestricted
fund5
General
Total
2019
Trading income;
Sales of goods and services
Local fundraising and street collection income
231
9.962
9,962
10,193
10,193
Page 15

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
5 Other income
Unr¢5tricled
fund5
General
Total
2019
Fees and supplies
200
200
6 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
General
Total
2020
Note
Fui)draising trading ¢ogts',
Fundraising
430
430
4?0
4iO
Unrestricted
fund5
General
Total
2019
Note
Fundraising trading costs.,
Fundraising
4,656
4,656
4,656
4.656
7 Expenditure otl charitable activities
Unrestricted
funds
General
Restricted
funds
Total
2020
Activities undertaken directly
il,787
3,458
35,245
Unre5tri¢ted
funds
General
Restricted
fund5
Total
2019
Activities undertaken directly
28,786
4,285
33,071
Page 16

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
Activity
undertaken
directly
2020
Salaries
Paj'roll Costs
Rent
Consumables
Telephone & IT
Insurat]ce & licences
Equipment
Travel & meeting expenses
Training
Miscellaneous
Depreciaiion
Indtp¢i)dei)t Examiners fee
Repairs
19,010
270
7,381
3,169
19,010
270
7,381
3,169
7i2
945
945
946
946
105
105
45
245
1,765
582
50
45
245
1,765
582
50
35,245
Activity
undertaken
directlv
35,245
2019
Salaries
Pay'roll Costs
Rent
Consumables
19,662
234
19,662
6,900
2,360
870
989
49
145
105
1,259
498
6,900
2,360
870
989
49
145
105
1,259
498
Telephone & IT
Insurance & licences
Equipment
Travel & meeting ¢xp¢ns¢s
Training
Depreciation
Independent Examiners fee
33,071
i3,071
£31,787 (2019 - £28,786) of the above expenditure was attributable to unrestricted funds and £3,458 (2019
£4,?85) to restricted funds.
Page 17

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
8 Analvsis of governance and support eosts
Governanee costs
Unr¢5tricled
fund5
General
Total
2020
Independent examiner fees
Examination of ihe financial staiements
58?
582
582
582
Unrestricted
funds
General
Total
2019
Independent examiner fees
Examination of the financial statenients
498
498
498
498
9 Government grants
During the year the following govetnent grants were received..
Staffordshire County Council - £350
Staffordshire County Council - £1,000
Stafford Bortsugl) Council £2,927
The amL)unt of grants recognised in ihe financial statements was £4,277 (2019 - £3,978).
There were no unfulfilled conditions or other contingencies in respect of government granis received.
No other forn)s of govemment assistance were received by the organisation in the year.
10 Trllstets, remumerntion and expenses
No trustees, nor any persons connected with them. have received any remuneration from the charity during the
year.
No trustees have received any reimbllr5ed expenses or any other benefits from the charity during the year.
Page 18

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
I I Staff eosts
The aggr¢gat¢ payroll costs were as follows..
2020
2019
St8ff £0s¢s during the year were:
Wages and salaries
Pension costs
18,902
108
19,422
240
19,010
19,662
The mollthly average number of persons (including senior management team) employed by the charity during
the year expressed as full time equivalent5 was as folloM's'.
2020
No
2019
No
Employees
No employee received emoluments of more Ihan £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £9,236 (2019- £10,688).
12 Taxation
The charity is a re¥istered charity and is therefore exeinpt from taxation.
13 Tangible fixed assets
Furniture &
ritting5
Total
At l August 2019
Additions
5.Oi6
2,023
5,036
2,023
At 31 Jiily 2020
7,059
7,059
Depreciation
At l August 2019
Charge fL)r the year
2,995
1,765
2,995
1,765
At 31 July 2020
4,760
4,760
Net book value
At 31 July 2020
2.299
2,299
At31 July2019
2.041
2,041
Page 19

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
14 Fixed asset investments
2020
Other investments
10,646
Other investments
Listed
inwestmLlIts
Total
C05t or Valuation
Gain on investment
646
10,000
646
10,000
Additions
At 31 July 2020
10,646
lo,￿6
Net book value
At 31 July 2020
10,646
10,646
The market value of Ihe listed investments at 31 July 2020 was £1 0,646 (2019 £Nil).
The investments comprise 1,107.40 accumulation units in the CCLA Cl)arities Fixed li)tere5t Fui)d.
15 Debtors
2020
2019
Prepayments
Accrued income
364
2.57?
364
2.448
2,936
2,812
16 Cash and cash equivalents
2020
2019
Cash at bank
46,000
25,397
17 Creditors: amounts falling due within one year
2020
2019
Other tsxatioi) and social security
ACe￿alS
71
3,851
29
1,174
3,922
Page 20

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
18 Funds
Other
re¢ogni8ed
Balan¢¢ at
gainsl{10sses) 31 .luly 2020
Balance al
August 2019
Incoming
resources
Re50urce5
expended
Unrestricted
Gener￿1
General fund
26,868
60,671
132,217)
646
55,968
Restricted
Rowley Trust
Stone Town Coui)cil
Stafford Borough Council
Small Grant5
1.200
(200)
(500)
1,000
500
456
(456)
Stone Lions Club
Staffordshire County
Council
Staffordshire Community
Fund
scvys
Foodbank
SARH Cares
i50
350
1,000
(1,000)
195
195
89
273
223
(89)
{273)
(497)
Stone Rotary
720
446
Total restricted
2,179
i,270
(i,458)
,991
Total funds
29.047
63.941
135,675)
646
57,959
Page21

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
Balance at I
August 2018
Incoming
resources
Resource5
expended
Balance at 31
July2019
Unrestricted funds
Gener￿1
General fund
24,129
36,181
(i3,442)
26,868
Restricted
Staffordshire County Council
Stone Towii Couiicil
Stafford Borough CounLil Small
Grants
378
500
(378)
500
600
(144}
(45}
456
443
Stone Lions Club
488
Per5iinmon Hoines ComTnunity
Champions
Staffordshire Community Fund
scvys
Foodbank
SARH Cares
Marks ai)d Spencers
Stone Rotary
Stafford BoroubFh Council
127
(127}
1367}
(205)
{45)
(27)
(500)
1447}
12,000}
i67
200
200
195
124
10
89
300
500
670
2.(X)O
273
223
Total restri¢¢ed funds
1,306
5,158
14,?85)
Total funds
25.435
41.339
(37,727)
29,047
Page 22

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
The specific purposes for which the funds are to be applied are as fLIIIows'.
2020
Stone Town Council- IT equipment.
Siafford Borough Council Small Grants- Crafting for Calm.
Sione Lions Club- for Bosom Buddies.
Siaffordshire Community Foundation - COVID-19 emergency funding.
Staffordshire Council for VoluntEry Youth Services (SCVYSI - Young people.
Foodbank- restricted donations from multiple individuallcorporate donors.
SARH Cares- Parent and Child craft and food bank.
Stotje Rotsry- towards cost of weekly "Hub Grub" hot meal.
Rowley Trust Holiday Hun¥er- funding for project to feed poor fatnilies durin¥ school holiday5.
Rowley Trust cov1[￿19- to keep foodbank stocked.
2019
Staffordshire County Council - brnnded event banners and flags.
Stone Town Council- IT equipment.
Siafford Borough Council Small Grants- Crafting for Calm.
Sione Lions Club- for Bosom Buddies.
PersimmL)n House Community ChampiL)ns - funds for volunteer training and ongoing development for adult
volullteers at the drop in centr¢.
Staffordshire Community Fund - funds for the drop in centre.
Staffordshire Coiincil for Voluntary Youth S¢rvi¢es (SCVYS) - Youth cafe and young people.
Foodbank- restricted donations from multiple individuavcotporate donors.
SARH Cares- Parent ai)d Child craft and food bank.
Marks and Spencer- Parent and Child craft.
Stone Rotary- towards Costs of Meekly "Hub Giub" hot Ineal.
Stafford Borough Council kitchen refurbishinent.
Page 23

Stone Community Hub Ltd
Notes to th¢ Financial Statements for the Year Ended 31 Jul). 2020
19 Analvsis of net assets between funds
Unrestricted
Total funds
31 July 2019
General
Designated
Tangible fixed assets
Fixed assei investments
Current assets
Current liabilities
2,299
10,646
46.945
13,922)
2,299
10,646
48,9)6
lJ.922}
1,991
Total i)et as5et5
55,968
1,991
57,959
Unrestricted
funds
General
Total funds at
31 .luly
2019
Restricted
fund5
Tangible fixed assets
Current assets
Current liabilities
2,041
26,030
(1,203)
2,041
28,209
11,203}
2,179
Total net assets
26,868
2,179
29,047
20 Related party transaetions
There were no relaied parry transactions in the year.
Page 24