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2022-05-31-accounts

Charity number: 1126583

Sparkle Sheffield

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 May 2022

Sparkle Sheffield Contents Page For the year ended 31 May 2022

Report of the Trustees 1 to 3
Independent Examiner's Report to the Trustees 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7 to 13
Detailed Statement of Financial Activities 14

Sparkle Sheffield Report of the Trustees

For the year ended 31 May 2022

The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 May 2022. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

  1. To advance in life and relieve the needs of young people between the ages of birth and 25 by providing advice and assistance and organising programmes of physical, educational and other activities as a means of:

(a) advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals;

(b) advancing education.

  1. to advance the promotion of equality and diversity for the public benefit by:

(a) the elimination of discrimination on the grounds of race, gender, disability, sexual orientation or religion;

Objectives and aims

The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

ACHIEVEMENTS AND PERFORMANCE

in planning for, developing, implementing and reviewing work undertaken by Sparkle Sheffield this year, the Charity Commission guide was considered and its Public Benefit emphasis. Accordingly, the Charity supported children and families through the following:

Investment performance

Sparkle Sheffield's volunteers make immense daily contributions to every aspect of the Charity's operations, outcomes and attainments and are a vital asset to ensuring that Sparkle Sheffield delivers to its Charitable aims.

Investment into volunteers in terms of support and training is of utmost importance to the Charity and therefore we plan and invest for this accordingly.

FINANCIAL REVIEW

Significant events

The main source of funding for Sparkle Sheffield this year came from the generous and much needed support of BBC Children in Need. Other funding has come from the charities own fundraising efforts, fundraising by supporter individuals and groups, sponsorship and commissioned project work.

Reserves

We hold cash at the bank of £21,143 which is made up of restricted and unrestricted funds.

For this coming year we have secured core funding and aim to further develop our work and reach .We have in place a funding and organisational development strategy to aid us in this goal.

1 of 14

Sparkle Sheffield Report of the Trustees Continued For the year ended 31 May 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Charitable constitution adopted.

Sparkle Sheffield has in place accountability line management structures, support, supervision, appraisal and CPD systems. An external independent audit is commissioned which is conducted by a highly experienced and DTI trained auditor. This is used to inform the ongoing improvement, operations and sustainability of the Charity and is used to inform service users, and other stakeholders, and to appraise funders of the Charity's delivery, compliance, developments and cost effectiveness and social impact.

The Charity has a suite of robust policies and procedures which are reviewed annually and where required, revised and other policies, procedures and other systems formulated and implemented. These include child and adult safeguarding policies and procedures, health and safety and equalities policies.

An office handbook for staff and volunteers is in operation and reviewed and updated annually. The Charity also has in place a trustee induction handbook which is also reviewed, revised and updated annually,

All staff, trustees and volunteers are DBS checked and the organisation as a data processor is registered as such.

The charity is supported by a wide range of advisers and works in partnership with a wide range of local disability, child and family, and social care organisations. The Charity was the Sheffield City Council Lord Mayor's charity in 2016-17 and its sponsors are:

HTC Wolffkran Spa 1877 SIV - Sheffield International Venues The Entertainer Swan Morton The Hollin Bush Pub

Recruitment and appointment of trustees

Trustees are appointed annually at the Annual General Meeting held in December.

The Patron of Sparkle Sheffield is Adrian Lester OBE, award winning actor, director and writer.

Pay policy for senior staff

Trustees give their time voluntarily to the governance of the Charity and receive no remuneration or other benefits for this.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity Sparkle Sheffield Charity registration number 1126583 Principal address Knowle House 4 Norfolk Park Road Sheffield S2 3QE

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Mrs J McFarlane Miss L Smith H Gayle L S Dusauzay Dr L Philip

Secretary

R Warboys

2 of 14

Sparkle Sheffield Report of the Trustees Continued For the year ended 31 May 2022

Independent examiners Bankers

Johnston Foster Limited Unit 5 Riverside Business Park Buxton Road Bakewell DE45 1GS HSBC Fargate Sheffield

Approved by the Board of Trustees and signed on its behalf by

............................................................................. L S Dusauzay

3 of 14

Sparkle Sheffield Independent Examiners Report to the Trustees

For the year ended 31 May 2022

I report to the trustees on my examination of the accounts of the charity for the year ended 31 May 2022.

Responsibilities and basis of report

As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Johnston Foster Limited Unit 5 Riverside Business Park Buxton Road Bakewell DE45 1GS

31 March 2023

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Sparkle Sheffield Statement of Financial Activities For the year ended 31 May 2022

Notes
Income and endowments from:
Donations and legacies
2
Total
Expenditure on:
Raising funds
3
Charitable activities
4/5
Total
Net income/expenditure
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
38,038
38,038
(16,394)
(733)
(17,127)
20,911
6,196
27,107		 Restricted
funds
£
50,295
50,295
(5,736)
(64,588)
(70,324)
(20,029)
19,822
(207)		 2022
£
88,333
88,333
(22,130)
(65,321)
(87,451)
882
26,018
26,900		 2021
£
86,529
86,529
(17,030)
(62,999)
(80,029)
6,500
19,518
26,018

5 of 14

Sparkle Sheffield Statement of Financial Position As at 31 May 2022

Notes
Fixed assets
Tangible assets
10
Current assets
11
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Restricted income funds
13
Unrestricted income funds
13
Total funds		 £
2022
3,344
3,344
5,685
18,745
24,430
(874)
23,556
26,900
26,900
(207)
27,107
26,900		 £
2021
4,822
4,822
938
21,143
22,081
(885)
21,196
26,018
26,018
19,822
6,196
26,018

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

L S Dusauzay Trustee

6 of 14

Sparkle Sheffield Notes to the Financial Statements For the year ended 31 May 2022

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.

Sparkle Sheffield meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Incoming resources

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment 25% Straight line Fixtures and Fittings 20% Straight line

2. Income from donations and legacies

Donations received
Grants received		 2021
2022
Restricted
funds
Unrestricted
funds
£
£
£
£
13,500
38,332
294
38,038
73,029
50,001
50,001
-
86,529
88,333
50,295
38,038

3. Expenditure on generating donations and legacies

xpenditure on generating donations and legacies
Donations
Support costs		 Restricted
funds
Unrestricted
funds
£
£
-
4,522
5,736
11,872
16,394
5,736		 2022
£
4,522
17,608
22,130		 2021
£
-
17,030
17,030

7 of 14

Sparkle Sheffield Notes to the Financial Statements Continued

For the year ended 31 May 2022

4. Costs of charitable activities by fund type

Family Activity
Outings and Events
Support costs		 Unrestricted
funds
£
-
-
733
733		 Restricted
funds
£
25,219
32,908
6,461
64,588		 2021
2022
£
£
26,174
25,219
10,049
32,908
26,776
7,194
62,999
65,321

5. Costs of charitable activities by activity type

Grant funding of activities
Speech, Language and Sensory
Play
Family Activity
Outings and Events		 2021
2022
£
£
6,461
25,441
25,952
27,509
32,908
10,049
65,321
62,999

6. Analysis of support costs

Voluntary Income
Human Resources
Governance costs		 2022
£
1,723
23,079
24,802		 2021
£
5,553
38,253
43,806

7. Net income/(expenditure) for the year

This is stated after charging/(crediting):

This is stated after charging/(crediting):
2022 2021
£ £
Depreciation of owned fixed assets 2,199 2,621
Accountancy fees 768 744
Staff pension contributions 330 330

8 of 14

Sparkle Sheffield Notes to the Financial Statements Continued

For the year ended 31 May 2022

8. Staff costs and emoluments

Total staff costs for the year ended 31 May 2022 were:

Salaries and wages
Pension costs
Staff
omparative for the Statement of Financial Activities
Income and endowments from:
Donations and legacies
Total
Expenditure on:
Raising funds
Charitable activities
Total
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
13,500
13,500
-
(1,335)
(1,335)
27
12,192
3,087
15,279		 2022
£
24,364
330
24,694
2022
2
2
Restricted
funds
£
73,029
73,029
(5,553)
(61,664)
(67,217)
(27)
5,785
16,431
22,216		 2021
£
22,649
330
22,979
2021
2
2
2021
£
86,529
86,529
(5,553)
(62,999)
(68,552)
-
17,977
19,518
37,495

9. Comparative for the Statement of Financial Activities

9 of 14

Sparkle Sheffield Notes to the Financial Statements Continued

For the year ended 31 May 2022

10. Tangible fixed assets

Cost or valuation
At 01 June 2021
Additions
At 31 May 2022
Depreciation
At 01 June 2021
Charge for year
At 31 May 2022
Net book values
At 31 May 2022
At 31 May 2021		 Fixtures and
Fittings
£
6,673
-
6,673
5,709
733
6,442
231
964		 Computer
Equipment
£
5,144
721
5,865
1,286
1,466
2,752
3,113
3,858		 Total
£
11,817
721
12,538
6,995
2,199
9,194
3,344
4,822

11. Debtors

Amounts due within one year:
Trade debtors
Other debtors
Creditors: amounts falling due within one year
Other creditors
Accruals and deferred income		 2022
£
5,685
-
5,685
2022
£
274
600
874		 2021
£
-
938
938
2021
£
285
600
885

12. Creditors: amounts falling due within one year

13. Movement in funds

Unrestricted Funds
General
General		 Balance at
01/06/2021
£
6,196
6,196		 Incoming
resources
£
38,038
38,038		 Outgoing
resources
£
(17,127)
(17,127)		 Transfers
£
-
-		 Balance at
31/05/2022
£
27,107
27,107

10 of 14

Sparkle Sheffield Notes to the Financial Statements Continued For the year ended 31 May 2022

Unrestricted Funds - Previous year

General
General		 Balance at
01/06/2020
£
3,087
3,087		 Incoming
resources
£
13,500
13,500		 Outgoing
resources
£
(10,418)
(10,418)		 Transfers
£
27
27		 Balance at
31/05/2021
£
6,196
6,196

Purpose of unrestricted Funds

General

To advance in life and relieve the needs of young people

Restricted Funds

Children In Need
NHS
S Y Community Grant
Restricted Funds - Previous year
Arena
Children In Need
NHS
S Y Community Grant		 Balance at
01/06/2021
£
5,358
9,809
4,655
19,822
Balance at
01/06/2020
£
27
16,404
-
-
16,431		 Incoming
resources
£
40,294
5,000
5,001
50,295
Incoming
resources
£
-
32,779
35,250
5,000
73,029		 Outgoing
resources
£
(45,660)
(14,791)
(9,873)
(70,324)
Outgoing
resources
£
-
(43,825)
(25,441)
(345)
(69,611)		 Transfers
£
-
-
-
-
Transfers
£
(27)
-
-
-
(27)		 Balance at
31/05/2022
£
(8)
18
(217)
(207)
Balance at
31/05/2021
£
-
5,358
9,809
4,655
19,822

11 of 14

Sparkle Sheffield Notes to the Financial Statements Continued

For the year ended 31 May 2022

Purpose of restricted funds

PHT

Administration

Autism Fayre

To cover the costs of participating in the Autism Fayre to raise awareness of autism

Children In Need

To assist in the staffing and administation costs of carrying out the charitable activities

Arena

Building of a sensory room

S Y Community Grant

To assist in the administation costs of carrying out the charitable activities

NHS

For research into methods of communicating with autistic children

14. Analysis of net assets between funds

Unrestricted funds
General
General
Restricted funds
Children In Need
NHS
S Y Community Grant		 Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
231
26,876
27,107
-
(8)
(8)
(503)
521
18
3,616
(3,833)
(217)
3,344
23,556
26,900

12 of 14

Sparkle Sheffield Notes to the Financial Statements Continued

For the year ended 31 May 2022

Previous year

Previous year
Unrestricted funds
General
General
Restricted funds
Children In Need
NHS
S Y Community Grant		 Tangible
fixed assets
Net current
assets /
(liabilities)
Net Assets
£
£
£
964
5,232
6,196
-
5,358
5,358
438
9,371
9,809
3,420
1,235
4,655
4,822
21,196
26,018

13 of 14

Sparkle Sheffield Detailed Statement of Financial Activities For the year ended 31 May 2022

INCOME AND ENDOWMENT
Donations and legacies
Donations
Grants receivable
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising events and activities
Charitable activities
Staff costs - wages & salaries (Family Activity)
Staff costs - pension contributions (Family
Activity)
Depreciation - owned assets (Family Activity)
Training (Family Activity)
Outings and events (Outings and Events)
SUPPORT COSTS
Human Resources
Advocacy and office support costs
Governance costs
Accountancy fees
Motor and travel expenses
Other office costs
Other finance costs
Computer expenses
Trophies and prizes
Telephone
Children and Young People Experts fees
(Speech, Language and Sensory Play)
Depreciation of owned assets (Speech,
Language and Sensory Play)
Depreciation of owned assets (Family Activity)
Total resources expended
Net Income		 £
2022
38,332
50,001
88,333
88,333
(4,522)
(4,522)
(24,364)
(330)
(525)
-
(32,908)
(58,127)
(1,723)
(1,723)
(768)
(4,479)
(7,353)
(114)
(2,791)
(275)
(105)
(5,520)
(941)
(733)
(23,079)
(87,451)
882		 £
2021
13,500
73,029
86,529
86,529
-
-
(22,649)
(330)
(345)
(2,850)
(10,049)
(36,223)
(5,553)
(5,553)
(744)
(2,394)
(4,225)
(14)
(3,015)
(929)
(156)
(24,500)
(941)
(1,335)
(38,253)
(80,029)
6,500

14 of 14

This page does not form part of the statutory financial statements