2022-12-31-accounts - Sparkfish

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www.sparkfish.org.uk

SPARKFISH

Charity Registration Number: 1139684

31 December 2022

Annual Report and Financial Statements

Tandem Accounting Chartered Accountants 17 Heathville Road London N19 3AL

SPARKFISH

Annual Report and Financial Statements 2022 Contents

	Page
Legal and administrative information	2
Annual Report of the Trustees	2
Independent Examiner's report to the Trustees	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9

SPARKFISH

Legal and Administrative Information For the year ended 31 December 2022

Charity Name	SparkFish
Charity Registration no.	1139684. The Charity was registered with the Charity Commission on 5thJanuary 2011.
Registered Office	St John's Church Centre, Church Road, Redhill, Surrey RH1 6QA.
Governing Document	Trust Deed dated 4thNovember 2010
Objectives	(a) to advance the Christian faith in accordance with its stated statement of beliefs in
	Surrey and in such other parts of the United Kingdom or the world as the Trustees
	may from time to time think fit and to fulfil such other purposes which are
	exclusively charitable according to the law of England and Wales and are connected
	with the charitable work of the Trust.
	(b) to advance education in accordance with Christian principles by such means as the
	Trustees may consider appropriate in Surrey and in such other parts of the United
	Kingdom or the world as the Trustees may from time to time think fit
Trustees	The Trustees who served during the year or who were serving at the date of this report
	were:
	Paul Taylor
	Rev. George Watt (resigned and Chair until 11 March 2022)
	Hermione Puzey
	Vivien Hawes (resigned 11 March 2022)
	Clare Horsfall (resigned 11 March 2022)
	Leslie Jackson (Chair from 11 March)
	Ven. Moira Astin
	Sue Land
	Eddie Newton (appointed 11 March 2022)
	Alison Elson (appointed 11 March 2022)
Key Management Personnel	Those in charge of planning, directing, controlling, running and operating the Charity,
	including those members of staff who are the senior management personnel to whom
	the trustees have delegated significant authority or responsibility in the day-to-day
	running of the charity are the Director and the Chair of the Trustees.
Bankers	Lloyds TSB
	11 High Street
	Horley
	Surrey RH6 7BJ
Independent	John Helm ACA
Examiner	Tandem Accounting Limited
	17 Heathville Road
	London N19 3AL

SPARKFISH

Annual Report of the Trustees For the year ended 31 December 2022

The Trustees submit their annual report and the financial statements of SparkFish (“the Charity”) for the year ended 31 December 2022. The financial statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2019 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report.

1. Structure, Governance & Management

1.1. Trustees

The Trustees meet 10 times a year to discuss a full range of matters relating to strategy, project work, recruitment, finance and general administration. Trustees consult regularly with local church ministers. None of the Trustees receives remuneration. Business and pastoral skills are well represented amongst the Trustees. Trustees aim to maintain and, where necessary, expand this range of skills and experience through training.

The induction process for any individual newly appointed to the board of Trustees comprises an initial meeting with at least two of the Trustees (whenever possible one of these two Trustees being the Chair) and a written role description, referring to other key documents:

the Charity Commission’s guidance ‘The Essential Trustee’
the Trust Deed of the Charity
the Charity’s financial position

1.2 Risk Management

The Trustees acknowledge that they have a responsibility for the identification and proper management of risks faced by the Charity in achieving its primary aims. The Trustees have therefore assessed the major risks to which the Charity is exposed, in particular those relating to the specific operational areas of the Charity, its investments and its finances. The Trustees believe that, by monitoring reserve levels, by ensuring that controls exist over key financial systems, and by examining the operational risks faced by the Charity, they have established effective systems and procedures to mitigate those risks.

1.3 Staff

During 2022 the Charity employed a Director, and a Co-ordinator for each of the three strands of its ministry. Two Coordinators were full-time and one part-time. They were supported by two part-time paid mentors, staff from local churches and a team of regular volunteers. The Charity also employs a part-time Administrator.

2. Activities, Strategies and the Public Benefit

The Trustees have given due regard to the Charity Commission’s guidance on public benefit. The Trustees believe that the Charity provides benefit to the public by providing schools ministry on behalf of local churches. This involves leading and co-ordinating visits to local primary and secondary schools to support and provide:

Collective worship and religious education
Opportunities for spiritual development
Mentoring and support for transition, self-esteem and relationships

3. Achievements and Performance

In 2022 SparkFish quickly settled back after the challenges of the pandemic to working in person in the schools of Reigate, Redhill and Merstham – and increasingly in Horley, through the charity’s developing partnership with Horley churches.

The charity:

Had contact across all of the strands of its work with approximately 6000 students
Worked with 23 of the 27 Primary and Secondary Schools in Reigate, Redhill and Merstham
Had contact with 7 schools to the south, through its Horley partnership
Began to consider the needs of the Oxted area to the east and how they might be met in the future

SPARKFISH

Annual Report of the Trustees For the year ended 31 December 2022

Achievements under each strand were as follows:

Learn: RE and collective worship
Led collective worship in 9 Primary and 2 Secondary schools, partnering with two ‘Open the Book’ teams and a schools worker in Horley
Provided in-person RE events for Years 2 and 5 to learn about key stories of the Christian faith, welcoming 20 schools to ‘The Christmas Journey’ and 16 schools to ‘The Easter Experience’
Led additional RE lessons in 5 schools, using ‘Walk through the Bible’ and ‘RE Inspired’ resources
Think: A special space in the curriculum for reflection, wonder and prayer
Led Think! Spaces in 15 Primary and 6 Secondary schools
Added to the team of volunteers who help to staff these events
Hope: Student support at times of transition and challenge, through lessons, mentoring, courses and clubs
Led transitions workshops in 9 Primary Schools to support 500 children moving to Secondary School
Provided Drawing and Talking therapy in 3 Primary schools to support children with emotional needs
Provided mentoring, lunchtime clubs and self-esteem courses in 4 Secondary schools

4. Financial Review

Funding for the Charity comes from churches in the Reigate and Redhill area, donations from individual supporters (regular and one-off), donations from schools, and specific grants or awards.

4.1 Financial Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 7 and 8 respectively. The Charity’s reserves decreased by £21,555 during the year (2021: decreased by £13,201). The balance sheet shows total net assets of £37,199 (2021: £58,754).

Included in total funds are amounts totalling £4,000 (2021: £23,038) which are restricted. These monies have either been raised for, and their use restricted to, specific purposes, or they comprise donations subject to donor-imposed conditions. Full details of these restricted funds can be found in note 8 to the accounts together with an analysis of movements in the year.

4.2 Reserves Policy

The Trustees have examined the requirements for free reserves, in other words those unrestricted funds not invested in tangible fixed assets. The Trustees consider that, given the nature of the Charity’s work, free reserves should be equivalent to approximately 3 months’ routine general fund expenditure, plus committed future expenditure on other projects, where funds permit. The Trustees are of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the Charity to cope and respond to unforeseen emergencies whilst specific action plans are implemented. At 31 December 2022 the Charity had net free reserves of £32,487 (2021 £34,964) as follows:

Total reserves Less: restricted funds Less: unrestricted fixed assets used for the continuing work of the Charity Free reserves Free reserves requirement:3 months’ budgeted routine expenditure	2022	2021 £ 58,754 (23,038) (752)
	£

	37,199
	(4,000)
	(712)

		34,964
	32,487

		30,000
	30,000

SPARKFISH

Annual Report of the Trustees For the year ended 31 December 2022

4.3 Investment Policy

Spare funds are placed in a bank deposit account.

5. Plans for Future Periods

Post-pandemic demand for all strands of the Charity’s services is strong, and the trustees are committed to energetic fundraising in 2023, to build up the reserves necessary to sustain staffing and meet the needs of schools and their students. The development of partnership working in Horley will continue in 2023, with wider involvement of local churches in volunteering, hosting events, financial support and governance. A potential partnership in the Oxted area is in mind and may take initial steps in 2023.

6. Responsibilities of Trustees for the Financial Statements

The Trustees are responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of income and expenditure of the Charity for that period.

In preparing those financial statements, the Trustees are required to:

select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the Charity will continue.

The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the Charity and financial information included in the Charity’s website.

7. Approval

The report of the Trustees was approved by the Trustees on 30 March 2023 and signed on its behalf by:

Leslie Jackson Chair of Trustees

SPARKFISH

Report of the Independent Examiner to the Trustees of SparkFish

I report on the financial statements of SparkFish for the year ended 31 December 2022, set out on pages 7 to 14.

This report is made solely to the Trustees in accordance with section 145 of the Charities Act 2011 (“the Act”). My independent examination has been undertaken so that I might state to the Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by the law, I do not accept responsibility to anyone other than the Trust and the Trustees for my independent examination, for this report, or the opinions I have formed.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The Trustees consider that an audit is not required for this year (under section 144(2) of the Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts (under section 145 of the Act);
follow the procedures laid down in the General Direction given by the Charity Commission (under section 145(5)(b) of the Act); and
state whether particular matters have come to my attention

BASIS OF INDEPENDENT EXAMINER’S STATEMENT

My examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.

INDEPENDENT EXAMINER’S STATEMENT

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

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
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.

John Helm ACA 30 March 2023

SPARKFISH

Statement of Financial Activities For the year ended 31 December 2022

Unrestricted Funds 2022 £ 103,527 11,856		Unrestricted Funds 2021 £ 72,514 8,998
	Total
	2022
	£

	114,527
	11,856

115,383		81,512
	126,383

60 117,840 117,900 - (2,517) - - (2,517) 35,716 33,199		1,746 83,320

	60
	147,878

		85,066
	147,938

		-
	-

		(3,554)
	(21,555)

		- -
	-
	-

		(3,554) 39,270
	(21,555)

	58,754

		35,716
	37,199

SPARKFISH

Balance Sheet For the year ended 31 December 2022

Unrestricted	Restricted	Total	Total
2022	2022	2022	2021
£	£	£	£

712	-	712	752


2,072	-	2,072	10,265
31,015	4,000	35,015	48,337

33,087	4,000	37,087	58,602

600	-	600	600

32,487	4,000	36,487	58,002

33,199	4,000	37,199	58,754




-	4,000	4,000	23,038
33,199	-	33,199	35,716

33,199	4,000	37,199	58,754

The financial statements were approved by the Trustees on 30 March 2023 and signed on its behalf by:

Leslie Jackson Chair of Trustees

Notes to the Financial Statements For the period ended 31 December 2022

SPARKFISH

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102). The financial statements are drawn up on the historical cost basis of accounting.

The Charity meets the definition of a public benefit entity under FRS 102.

Income recognition

Voluntary income and donations (including legacies) are accounted for once the Charity has entitlement to the income, it is probable the income will be received, and the amount of income receivable can be reliably measured. The income from trading activities is shown gross, with the associated costs included in fundraising costs.

Grant income is recognised on a receivable basis. Where grant income specifies use over a time period in which the expenditure of resources will take place, grants received in advance of costs incurred are recognised as deferred income.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. Longer term liabilities are discounted to present value. The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Expenditure included in Raising Funds includes amounts incurred in obtaining grants and other donations.

Charitable expenditure includes those costs in fulfilling the Charity’s principal objects, as outlined in the Report of the Trustees. These include grants made, governance costs and support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees together with an apportionment of overhead and support costs.

The charity contributes to certain employees' personal pension plans. These are defined contribution schemes, the assets of which are held separately from those of the charity. Contributions are charged to the Statement of Financial Activities on an accruals basis.

Tangible fixed assets and depreciation

Tangible fixed assets are included in the balance sheet at cost. Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are: Equipment, fixtures and fittings 25% on cost

Debtors

Grants receivable and other debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

SPARKFISH

Notes to the Financial Statements For the period ended 31 December 2022

1. Accounting Policies (continued)

Creditors and provisions

Creditors and provisions are recognised where the Charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Fund accounting

The funds held by the charity are either:

Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. Income

Donations & legacies Donations Income tax reclaimed Grants Charitable activities School income Total	Unrestricted Funds 2022 £ Restricted Funds 2022 £ 57,298 - 4,979 - 41,250 11,000 103,527 11,000 11,856 - 115,383 11,000					Total 2021 £ 45,638 3,674 58,202
			Total
			2022
			£

			57,298
			4,979
			52,250

						107,514 8,998
			114,527

			11,856

						116,512
			126,383

3. Expenditure

3a. Expenditure – Raising Funds

Publicity and professional fees		Total		Total
		2022		2021
		£		£

		60		1,746

SPARKFISH

Notes to the Financial Statements For the period ended 31 December 2022

3. Expenditure (continued)

3b. Expenditure – Charitable activities

Unrestricted 2022 £ Restricted 2022 £	Unrestricted 2022 £ Restricted 2022 £	Total	Total
		2022	2021
		£	£

117,210	30,038	147,248	127,367
630	-	630	600

117,840	30,038	147,878	127,967

3c. Staff Costs

Included within expenditure on charitable activities are the following staff costs:

Wages and salaries SMP recovered Social security costs Employer allowance Pension costs Of which the following relate to Key Management Personnel: Wages and salaries Pension costs		2022		2021
		£		£

		108,032		100,628
		-		-
		9,265		7,752
		(5,000)		(4,000)
		5,115		4,556

		117,412		108,936


		23,450		24,327
		1,172		1,216

		24,622		25,543

The average number of employees during the year was 10 (2021: 6), being 3 (2021: 2) full time schools’ worker, 5 part time schools’ workers (2021: 3) and 2 (2021: 1) part time administrators. No employees received payments in excess of £60,000 during the year.

4. Net Expenditure

This is stated after charging: Depreciation Independent examination		2022		2021
		£		£

		712		574
		630		600

SPARKFISH

Notes to the Financial Statements For the period ended 31 December 2022

5. Tangible Fixed Assets

Cost Brought forward at 1 January 2022 Additions Disposals At 31 December 2022 Depreciation Brought forward at 1 January 2022 Charge for Year Disposals At 31 December 2022 Net Book Value At 31 December 2022 At 31 December 2021		Fixtures,
		fittings &
		equipment
		£

		1,813
		449
		-

		2,262


		1,061
		489
		-

		1,550


		712

		752

All of the fixed assets are used for charitable purposes.

6. Debtors

Fees receivable Gift Aid Tax receivable Prepayments Grants receivable Donations Receivable		2022		2021
		£		£

		-		1,666
		1,446		628
		-		4,222
		-		3,750
		625		-

		2,071		10,266

7. Creditors - Amounts Falling Due Within One Year

Accruals

	2022		2021
	£		£

	600		600

SPARKFISH

Notes to the Financial Statements For the period ended 31 December 2022

8. Restricted Funds

8a. Current year

At 1 January 2022 £ 0 4,000 4,000 6,666 6,667 1,000 705 0	Income £ Expenditure £ (4,000) 6,000 (6,000) 5,000 (11,666) - (6,667) - (1,000) - (705) - -	Income £ Expenditure £ (4,000) 6,000 (6,000) 5,000 (11,666) - (6,667) - (1,000) - (705) - -	Transfers £ - - - - - - - -	At 31
				December
				2022
				£

				0
				0
				4,000
				0
				0
				0
				0
				0

23,038	11,000	(30,038)	0	4,000


At 1 January 2021 £ 0 4,000 4,000 3,300 18,180 1,000 705 1,500	Income £ Expenditure £ 1,000 (1,000) 6,000 (6,000) 6,000 (6,000) 10,000 (6,634) 10,000 (21,513) - - - - 2,000 (3,500)
At 1 January 2021 £ 0 4,000 4,000 3,300 18,180 1,000 705 1,500			Transfers £ - - - - - - - -	At 31
				December
				2021
				£


				0
				4,000
				4,000
				6,666
				6,667
				1,000
				705
				0

32,685	35,000	(44,647)	0	23,038

Descriptions of the main funds are as follows:

Draw and Talk Redhill. Funds received for Draw and Talk therapy in a Redhill Primary school.

Draw and Talk Merstham. Funds received for Draw and Talk therapy in a Merstham Primary school.

Think co-ordination. Funds received towards the employment of a co-ordinator for the Think strand.

COVID Recovery Fund. Funds received to support activities through the COVID pandemic.

Self-esteem and relationship training. Funds received in support of self-esteem and relationship training.

Christmas Journey/Easter Experience. Funds received towards the delivery of Christmas Journey/ Easter Experience.

SPARKFISH

Notes to the Financial Statements For the period ended 31 December 2022

9. Related Party Transactions and Balances

Sue Land, a trustee, is also owner and director of Kemp Marketing. Kemp Marketing carried out a communications review and publicity costing £654 (2021: £1,746).

Trustees made aggregate unrestricted donations of £1,867 (2021: £1,827) during the year.

There are no other related party transactions or balances.