2022-08-31-accounts

Shine Charity (A Company Limited by Guarantee)

Trustees’ Report and Financial Statements

Year ended 31 August 2022

Charity Reglstratlon Number: 1140511 (England and Wales}

Company Registration Number: 07514472 (England and Wales}

Contents

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Shine Charlty Trustees’ Report and Financial Statements

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	Shine Charity
Reference and Administrative Details
	For theYear Ended 31 August 2022
CompanyName	Shine Charity
Charity Registration Number	1140511 (England and Wales)
Company Registration Number	07514472 (England and Wales)
Directors and Trustees	Fazlurrehman Hassan
	Hamid Patel
	ismall Adam
	Mohmed Hanif Sufi
Princlpal and Registered Office	Shadsworth Road
	Blackburn
	Lancashire
	BB1 2HT
Accountants	Beeverand Struthers
	Chartered Accountants
	The Beehive, Lions Drive
	Shadsworth Business Park
	Blackburn
	Lancashire
	BB1 2QS
Bankers	Lloyds Bank
	Church Street
	Blackburn
	Lancashire
	BB2 130
Solicitors	Hill Dickinson
	1 St Paul’s Square
	Liverpool
	Merseyside
	L39S)

Shine Charity Trustees’ Report anc Financial Statements

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Shine Charity Trustees’ Annual Report eeeeessseSesSSSSSSSS ForTr the YearOre Ended— EeeEeEeeeeeeeeoeeeee 31 August 2022

The Trustees (who are also directors of Shine Charity, hereafter referred to as Shine Charity, for the purpose of company law) present thelr annual report together with the financial statements for the year ended 31 August 2022 and confirm they comply with the requirements of the Companies Act 2006, the Charities Act 2011 and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)).

Structure, Governance and Management

The organisation {s a charitable company (limited by guarantee), incorporated on 2 February 2011 and registered as a charity on 21 February 2011. The charity became operational on 1 March 2012.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

In the event of the company being wound up, each Company Member undertakes to contribute to the assets of the company such amounts as may be required, not exceeding one pound.

The company was established by Light Trust (Charity Reg No: 1140510, Company No: 07496744). Trustees are appointed by the Board of Trustees of the Light Trust on the recommendation of the existing Trustees of the Shine Charity. New Trustees are required to undertake an Induction programme to galn an understanding of[the] vision and processes of the charity.

Organisational Structure

The Board of Trustees of the charity is responsible for the strategic direction of the charlty. The Board meets on a quarterly basis to discuss the activities of the charity. The Trustees receive no remuneration or other financial benefits. The charity maintains a register of business interests.

The Board of Trustees is supported by a smail team of office bearers for the day to day running of the charity. The charity also has a network of dedicated volunteers from across the Star Academies network,

Arrangements for setting pay and remuneration

Shine Charity does not employ staff. The day-to-day running and administration are managed by volunteers.

Objectives and Activities

About Us

.

Shine Charity is an education charity working to transform the lives of children and young people. Asa charity informed by our values, we believe in the potential of all children, and we seek to reallse this through investing in them and empowering them.

Based in Lancashire, Shine Charity is part of the Light Trust. Light Trust Is driven by a strong sense of social responsibility and believes firmly in community service and In the transformative power of educatlon to achieve lasting change.

Last year, Shine reviewed and re-focused Its charitable activity and scoped out its future work programme accordingly. COVID-19 pandemic had prompted the charity to target Its activities accordingly, and we belleve that this remains fully aligned with Its charitable purpose and objectives.

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Shine Charity Trustees’ Annual Report For the Year Ended 31 August 2022

Our Vision

Our vision is to transform the lives of young people by Investing in them and by empowering them to take social actlon for a better world. We will:

• ¢ Invest in young people: Improving the life chances of children and young people, particularly in areas of disadvantage and deprivation; and

;

• « Empower young people: Supporting engagement in social action by children, young people, familles, school/Trust staff and governors.

We want to support children and young peopie in disadvantaged communities to overcome the challenges and barriers that prevent them from succeeding. We also wish to Inspire young people to develop their sense of clvic and social responsibility and to believe that they can make a positive difference in the world.

Shine Charity will achieve thls vision by supporting a serles of focused and specifically designed projects in schools. These projects will be mainly driven by the need to mitigate the effects of poverty, which have been exacerbated by the COVID-19 pandemic, on disadvantaged famllles and individuals within local communities. We will continue to provide targeted financial support towards overseas emergency appeals.

Our Values

At Shine Charity, our ethos and values reflect the vision and mission to which we asplre:

• e Service: Taking responsibility for our community.

• e Teamwork: Working together In excellence.

• e Ambition: Aspiring to be our best.

• « Respect: Treating others as we wish to be treated.

Our Approach

Shine Charity is a charity for young people, delivered by young people.

We believe that children and young people should be at the centre of[deciding][ how][ we][plan,][deliver][ and][evaluate] our projects. As a result, we:

• Put the interest of children and young people first at all times.

• ¢ Help all those in need, regardless of religion, ethnicity or nationallty.

• e Involve children and young people in deciding which projects should be delivered each year.

• Get children and young people involved in raising funds, awareness and enthusiasm for charitable causes.

• Ask children and young people to evaluate the success of our projects and help us to improve what we do and how we do it,

At Shine Charity, we also believe that sustainable development Is vital. We want to help children and young people to help themselves and to develop into Independent, confident cltizens and leaders of their communities.

Asa result, we: e Combine short term support with long-term projects that can achieve lasting change. e Focus not just on poverty, but on the causes of poverty. * Build peace and condemn violence and extremism of all types.

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Shine Charity Trustees’ Annual Report For the Year Ended 31 August 2022 $$ee ee See eee Accountabllity and transparency are essential to our long-term mission. We want our donors to be confident that their investment and generosity Is making a difference to the lives of others. As a result, we:

• Use our website to share the activities of projects funded by our donors.

• • Publish an annual report on how we spent donatlons and the positive impact that they have had. e Establish partnerships with leading charities in the UK to deliver projects more effectively and to make a blgger difference.

Our Partners

Our success is based on strong partnershlps with some of the leading national and international charltles and with a range of organisations at local level.

Our Projects

We support school-based projects and work closely with other charities and voluntary organisatlons. We seek to make sure that our supporters’ generous donatlons are belng used effectlvely to help us achieve our purpose of investing in and empowering young people by regularly monitoring and reviewing project outcomes. Recently, in response to the COVID-19 pandemic, Shine has established a network of Star Family Hubs in partnership with Star schools. The Hubs have facilitated local projects to address the Increased levels of need in communities as a result of the pandemic, including food poverty, hygiene poverty, digital poverty, loneliness and shortages of PPE. They will continue to have a vital role, even though the worst effects of the pandemic are now receding, as the Impact of poverty persists in the communities In which Shine works. Fundraising campalgns have generated substantial resources to support the work of the Star Family Hubs. The Hubs are founded on the following principles, commitments and pledges:

Our Star family

Our Star family includes: pupils who attend Star schools, thelr siblings, parents and grandparents; former puplls of Star schools and thelr families; people and residents who live in Star schoal neighbourhoods; and Star staff, governors, volunteers and their families.

Our commitment

The Star family will work together to ensure that no member suffers unnecessarlly as the result of the coronavirus pandemic,

Our 5 pledges

• . All members of the Star family will be fed. ® All members of the Star family will be able to maintain good personal hyglene. ° All Star families will be able to stay safe and warm in their homes. e All Star pupils who are learning at home will recelve a good quallty of education. ° All children of Star key workers, and vulnerable pupils, will continue to receive excellent care.

Together we are strong. We are Star.

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Strategically, we have two priority project areas:

Shine Charity Trustees’ Annual Report _sFortheYear Ended 31 August 20220000

1. Investing in young people

It is Shine’s experlence, supported by extensive evidence-based research by, for example, the Sutton and Rowntree Trusts, that the prospects for children to succeed and thrive are significantly lower if they come from deprived or disadvantaged backgrounds. The negative influence of interlocking factors such as poverty, worklessness, poor health, poor nutrition, inadequate housing and crime are significant and real for some pupils in our schools. Too often, as a result of the environments In which they grow up, children and young people do not fulfil their potential and the achievement gap between disadvantaged pupils and thelr peers grows wider steadily from birth onwards.

Whilst the ultimate salutlons to these deep-rooted problems lie with governments, charitable actlon at a local ievel can make a difference, and sometimes a critical one. Our approach is therefore that Shine should support and facilltate key interventions for children, young people and families. These Include:

• ¢ The impact of food poverty on pupils would be addressed by operating breakfast clubs In schools, subsidising school meals and providing food packages when needed.

• e Parents who cannot afford school uniforms or educational resources would be supported, either through subsidy or recycling schemes.

• ¢ Work would be undertaken with partners to address fuel poverty, ensuring that family homes are heated over the winter months.

• Developing and delivering education projects to improve literacy, numeracy and leadership skills of young people.

• ¢ Shine sporting and actlvity camps would be established to run after school and at weekends in order to address disaffection and low aspirations. The activity camps will provide comprehensive support to meet the needs and aspirations of disadvantaged children and young people at a time when they are particularly vulnerable. Alongside sporting and educational activities, food will be provided and staff will be tralned in Identifying and addressing any additional needs that the participating children and young people may have during school holidays.

• e Work would be undertaken with appropriate professionals to help secure appropriate therapeutic support for children who have had adverse or traumatic experiences or who have mental health issues.

• e Funds would be raised to assist pupils to progress to university through scholarship and bursary schemes.

• e Supporting young people through emergency and crisls sltuations.

• e Addressing digital poverty: COVID-19 has resulted in school closures, home-schooling and online learning. Children from disadvantage backgrounds have experlenced significant disruptlon in their educatlon as they are less likely to have the devices and sufficient internet connection required for home learning. An Ofcom survey from Jan—March 2020 found that 9% of households containing children did not have home access to a laptop, desktop PC or tablet.

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Shine Charity Trustees’ Report and Financlal Statements

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Shine Charity Trustees’ Annual Report For the Year Ended 31 August 2022

1. Empowering young people

There Is increasing recognition — based on credible research — that the Involvement of young people in social action has a ‘double benefit’. A report by DEMOS in 2015 noted that this consists of: ‘benefits to the individuals taking part through their new skills and personal wellbeing, and to society by benefitting a cause, community or social problem, such as loneliness in old age, social care, educational underachievement, youth unemployment and social cohesion, The evidence for this double benefit continues to expand and strengthen, highlighting the potentialfor a substantial return on investment...., ifproperly harnessed, the unique contribution ofyoung people taking part in social action could help to tackle some of our most pressing social problems: help to create collaborative and relational public services in health and social care, build more integrated communities, and enable young people to develop character capabilities, employability skills and a robust concern for civic activism and helping others in society.’

Working with schools and their communities, Shine will support and facilitate the following social action projects:

• Generations learning together: our experience tells us that inter-generational projects are a particularly valuable and effective social action activity with significant benefits for both pupils and the elderly. Schaols would adopt specific care homes in their focality to allow for continuity and deepening of the worth of the interaction between pupils and residents, which would take place on a weekly basis. The range of activities undertaken could include: pupils reading to residents; putting on performances for them; undertaking oral history projects and creating books based on reminiscence; or[joint][practical][activities][such][as][cookery][ from] the periods when residents grew up.

• « Establishing and running school food banks: this has been successful in a number of schools and there is now sufficlent experience to enable this to be developed and rolled out where there Is a demonstrable need.

• ¢ — Social action in the community: a range of initiatives to improve the local community have been successful in a number of schools and there is now sufficient experience to enable this to be developed and rolled out where there is a demonstrable need.

Where the charity operates

The charlty operates across the world. The Trustees have identifled the UK as a key market for the next few years.

Developments, Activities and Achievements

The charity works to transform the lIlves of children and young people experiencing poverty and deprivation In the UK and across the world. Over the accounting period, Shine has continued to respond to the legacy impact of the COVID-19 pandemic through the Star Famlly Hubs which it had previously established and to the wider impact of deep-seated poverty in local communitles. Over the period of reporting, the charity has delivered the following:

:

• ¢ Distributlon of thousands of meals and food packages to vulnerable households in focal communities, ¢ Distribution of thousands of hygiene packs to families In need. ¢ Partnerships with local authorltles (most notably In Bradford and Birmingham) to secure resources to distribute food to households in need and organise holiday activities for children.

• ¢ Continuing to ensure that children who need to learn remotely at home are equipped with digital devices and connectivity.

• Maintaining contact with elderly residents in care homes.

• ¢ Ralsing funds to support the continuation and extension of charitable actlvities. ¢ Organising a successful festive winter gift programme in 31 Star Family Hubs across the UK. ¢ Continulng the delivery of international education projects for young people, with a specific focus on fundraising for emergency relief in Afghanistan and for Syrian refugees In Lebanon.

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Shine Charity Trustees’ Annual Report For the Year Ended 31 August 2022

Future Plans

Over the next year the Shine Charity will continue to develop and extend the work of the Star Family Hubs in local communities. In particular, the charity will seek to increase the involvement of parents and volunteers in the operation of the Hubs, As the worst Impact of the COVID-19 pandemic recedes, Shine will work to address the wider aspects of disadvantage in localities, This will involve establishing further partnerships with organisations in the public, charitable and voluntary sectors and seeking additional sources of[funding][to][ support] the work of the Hubs in addressing food poverty, hyglene poverty, social isolation and the need to provide activities for children and young people. A longer-term strategy for the establishment of local facilities which can provide opportunities for young people to acquire leadership competences, cultural capital and enhanced aspirations and self-esteem is also in development.

• Shine will continue to build on the development and operation of the Star Family Hubs in the following ways:

• FacilltatIng partnerships: Shine will broker further partnerships with organisations that are well-placed to add value to the work of the Star Family Hubs. This could Include local, regional or national bodies.

• • Developing toolkits for project implementation: Shine will refine and update its range of toolkits designed to guide the Hubs through planning, impfementing, monitoring and evaluating their projects. The toolkits are tatlored to the specifics of each of the types of project outlined above.

• ¢ Publicity and marketing: the profiles of each of the Star Family Hubs, and of the Trust-wide initiative as a whole, will be extended and enhanced through marketing and publicity actlvity undertaken by Shine. This will be aimed at local, regional and national exposure, with the aims of attracting further financial support and donations and of fostering partnerships with relevant organisations.

• « — Fundralsing: Shine will continue to raise funding and donations to support the work of the Star Family Hubs in the following ways:

  • Approaching corporate organisations for financial support or donations of goods

  • o Securing institutlonal funding from government, local authorities, other public sector organisations and from trusts and charities

  • o Identifying and supporting fundraising opportunities for Star pupils to take forward at a local level.

In order to maximise the effectiveness and effictency of the charity’s operation, Trustees are exploring ways in which its capaclty and Infrastructure can be developed and consolidated through the establishment of a core team of staff.

Risk Management

A review of the external and internal risks the charity faces is conducted on a regular basis. The charity has developed systems and processes to mitigate these risks. The charity has developed a comprehensive risk register, Internal risks are managed through segregation of duties and checking procedures. The charity has developed a thorough due diilgence and quality assurance framework that are regularly reviewed. The Trustees are fully appraised at Board meetings also between meetings of any issues that impact on the management of risk.

Financial Review

The charity’s principal sources of income are individual donors and organisations who respond to our campaigns. During the financial year, the total Income of the charity amounted to £210,887 (2021: £254,619). Total expenditure during the current year was £235,111 (2021: £186,830).

The charity had a net spend of £24,224 (2021: surplus of £67,789) for the year ended 31 August 2022. Total funds carried forward at 34 August 2022 amounted to £142,509, of which £50,047 are restricted funds and £92,462 are unrestricted funds.

Our overall objective In relation to fundraising was to maxlmise the amount of voluntary Income. The Trustees ensured that the overhead and adminlstration costs were low.

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Shine Charity Trustees’ Annual Report For the Year Ended 31 August 2022

investment Policy

The Investment Policy of the Trustees is to keep its funds in registered banks in the UK and overseas. The Trustees have the power to invest in such projects as they see fit.

Volunteers

In addition to the employees, the charity makes use of Volunteer services from the Board of Trustees and employees of the Star Academies schools, for which no charge Is made.

Reserves Policy

The charlty had unrestricted reserves at 31 August 2022 of £92,462 (2021: £63,213), of which fixed assets represented nil (2021: nil) In addition, the charity held £50,047 (2021: £103,520) of restricted reserves which will be utillsed in delivering charitable projects.

The Trustees recognise the need to hold sufficlent reserves to allow protection of core activities in the event of unforeseen circumstances, The Trustees agreed a targeted reserves policy of £10,000 which wiil be reviewed on an annual basis. The trustees are satlsfied the charity is on course to maintain this level of reserves during the year ended 31 August 2023.

Responsibilities of the Trustees

,

The trustees (who are also directors of Shine Charity for the purpose of company law) are responsible for preparing the Trustees’ Annual Report and the financlal statements In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare flnanclal statements for each financlal year which gives a true and fair view of the state of affairs of the charitable company and of the Incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. tn preparing those financial statements, the Trustees are required to:

• e — select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charlties SORP,

• « make judgments and estimates that are reasonable and prudent: ¢ state whether applicable UK Accounting Standards have been followed, subject to any material 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 company will continue in business.

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006.

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They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detectlon of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s webslte. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation In other jurisdictions.

Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commlsslon’s general guidance on Public Benefit when reviewing the charlty’s alms and objectives and In planning its future activities, which is an annual process.

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Shine Charity

Trustees’ Annual Report

For the Year Ended 31 August 2022

This report has been prepared in accordance with the special provisions relating to small companies within part 15 of the Companies Act 2006.

The Report of the Trustees was approved on 26" May 2023 and signed on their behalf by:

Fazlurrehman Hassan Trustee

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Shine Charity

Independent Examiners’ Report to the Trustees of Shine Charity

For the Year Ended 31 August 2022

| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 August 2022,

Responstbilities and basis of report

As the charity's trustees of Shine Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfled myself that the accounts of Shine Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commisston under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the

examination giving me cause to belleve:

1. Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

2. The accounts do not accord with those records; or 3. The accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

3. 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 [applicable to charities preparlng their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102)}.

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

Mark Bradley BA FCA

Date: 3.0/x/23

Chartered Accountant

Beever and Struthers The Beehive, Lions Drive Shadsworth Business Park Blackburn BB1 10S

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Shine Charity

Statement of Financial Activities

(Incorporating Income and Expenditure Account) For the Year Ended 31 August 2022

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|General|Funds|2022|2021| |Notes|£|£|£|£| |INCOME:| |Donations|and|legacies|3|38,344|172,543|210,887|254,619| |Total|Income|38,344|172,543|210,877|254,619| |EXPENDITURE:| |Expenditure|on|charitable|activities|9,095|226,016|235,111|186,830| |Total|expenditure|4|9,095|226,016|235,111|186,830| |Net|Income/(Expenditure)|29,249|(53,573)|(24,224)|67,789| |Reconciliation|of|funds| |Funds|brought forward|at|1 Sept|2021|12/13|63,213|103,520|166,733|98,944| |Funds|carried forward|at 31 August 2022|92,462|50,047|142,509|166,733|

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There are no gains and losses in elther the current period or preceding year other than those recognised in the Statement of Financial Actlvities.

The Statement of Financial Actlvities has been prepared on the basis that all operations are continuing.

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Shine Charity

Balance Sheet

For the Year Ended 31 August 2022

ee

	Notes	2022	2022	2021	20212
		£	£	£	£
FIXED ASSETS
Tangible Assets	9		-		-
CURRENT ASSETS
Debtors	10	-		1,273
Cash at Bank and in Hand		148,112		166,960
		148,112		168,233
CREDITORS
Amounts Falllng DueWithinOneYear	11	(5,603}		{1,500}
NETCURRENTASSETS			142,509		166,733
NETASSETS			142,509		166,733
FUNDS
Unrestricted Funds	12		92,462		63,213
Restricted Funds	13		50,047		103,520
TOTALFUNDS			142,509		166,733

For the financial year ended 31 August 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

• ¢ The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financlal statements.

The Financial Statements were approved by the Board of Trustees and authorised for issue on 26'" May 2023.

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H isso
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Fazlurrehman Hassan Trustee

Company number: 07514472

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Shine Charity Notes to the Financial Statements For the Year Ended 31 August 2022 = NT

1. Accounting Policies

Basis of Accounting

The financial statements of Shine Charity, which is a public benefit entity under FRS 102, have been prepared under the historical cost convention in accordance with the Financial Reporting Standard Applicable In the UK and Republic of Ireland (FRS 102), the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)}, the Charities Act 2011 and the Companies Act 2006.

The charity has taken advantage of the exemption In FRS 102 from the requirement to produce a cash flow statement on the grounds that it quallfies as small.

The financial statements are prepared In sterling, which is the functional currency of the entity.

Going Concern

The trustees assess whether the use of going concern is appropriate Le. whether there are any material uncertaintles related to events or conditions that may cast signiflcant doubt on the ability of the company to continue as a going concern, The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the Shine Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charlty’s ability to continue as a going concern, thus they continue to adopt the golng concern basis of accounting in preparing the financial statements.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectivities of the charity and whlch have not been designated for other purposes.

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Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been ralsed by the charity for particular purposes.

Grants Payable

Grants for which there ts a legal obligation, or a valid expectation of receipt by the beneficiary at the year end, and for which conditions attaching to their payment have been fulfilled, are accounted for within the Statement of Financial Activities.

Incoming Resources

Voluntary Income comprises of donations which are recognised on a recelvable basis.

Income tax recoverable Is recognised where there is an entitlement, probable receipt and the amount can be measured with sufficient reliablllty.

Other forms of Income are recognised in the Statement of Financial Activities when the charity has entitlement to the funds, It ls probable that the income will be received and can be measured with sufflclent reliabillty.

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Shine Charity Notes to the Financial Statements

For the Year Ended 31 August 2022 OOS

1. Accounting Policies (continued)

Resources Expended

Expenditure is recognised on an accruals basis as a liability Is Incurred. Expenditure Includes VAT and is reported as part of the expenditure to which It relates:

• ¢ Costs of generating funds comprise the costs assoctated with attracting the Income. ¢ Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an Indirect nature necessary to support them.

• Grants payable are payments made to third parties in the furtherance of the charitable objectives of the company. The grants are accounted for once the offer has been accepted and all obligations under the offer complled with,

• Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity.

• ¢ Support costs are apportioned on an appropriate basis e.g. as a percentage of direct costs.

Tangible Fixed Assets

Tangible fixed assets are recorded at cost. The Trustees have agreed to set the de-minimis timit to £1,000.

Depreciation

Depreciation has been provided at the following rates in order to write-down the assets over their estimated useful lives,

Computer Equipment

— 25% straight IIne

Leasing

Rentals payable under operating leases are charged against Income ona straight-line basis over the lease term.

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Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022

2. Comparative Statement of Financial Activities

			Restricted
		Unrestricted	General	Total
		Funds	Funds	2021
	Notes	£	£	£
INCOME;
Donationsand legacies	3	37,115	217,504	254,619
Total income		37,415	217,504	254,619
EXPENDITURE: Expenditure on charitable actlvities		10,468	176,362	186,830
Total expenditure	4	10,468	176,362	186,830
Netincome / (expenditure)		26,647	41,142	67,789
Reconcillation offunds
Funds broughtforward at 1 Sept2020	12/13	36,566	62,378	98,944
Fundscarriedforwardat31August2021		63,213	103,520	166,733

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3. Voluntary Income - Donations

	Total	Total
	2022	2021
	£	£
Zakah	138,317	83,560
Lillah	71,943	170,635
Gift aid	627	424
	210,887	254,619

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Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022 —eeeFSFSFFSSSSSsssenO eee eee 4. Expenditure:

Expenditure:
	Global	UK
	Programmes	Programmes	Other	Total	Total
	2022	2022	2022	2022	2021
	£	£	£	£	£
Expenditure on charitable activittes:
Direct Project Costs Health	219,224	5,149	-	224,373	133,860
Education	-	-	-	-	30,770
Food Program	-	6,792	-	6,792	19,231
UKChild Poverty	-	-	-	-	-
UK Health	-	-	-	-	-
Total Direct ProjectCosts	219,224	11,941	-	231,165	183,861
Indirect Costs
Telephone	-	-	577	577	528
Commission and Bank Charges	-	-	489	489	704
Professional Fees Depreciation	- -	- -	2,880 -	2,880 -	1,500 237
Total Indirect Costs	-	-	3,946	3,946	2,969
	eee
TotalCharitableActivities	219,224	11,941	3,946	235,111	186,830

Total resources expended include:

		Total	Total
		2022	2021
		£	£
Depreciation (note 9)		-	237
Fees payable to Independent examiner for:
-	Independentexamination	1,740	1,500

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Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022

5. Grants Payable

There were no grants payable at the year-end (2021: énil),

The Charity makes grants to a number of different partner charitles around the world after due consideration and careful assessment of a particular partner charity. The partner charities are used as an extension of SC to help further the objectives of the charity and carry out specific charitable programmes under our direction. All partner charities are subject to due diligence procedures and regular monitoring and reporting. Due to the inherent risks associated with working in some parts of the world, the names of the partner charlties have not been disclosed.

6. Staff

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|||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |a.|Staff|Numbers| |The|average|number|of|persons|(including|senior|management|team)|employed|during|the|year|was|as| |follows:| |2022|2021| |No.|No.| |Charitable|Actlvities| |Non-executive Trustees|4|4|

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• b. Higher Paid Staff There were no employees whose employee benefits (excluding employer pension costs) exceeded the rate of £60,000 per annum (2021: nil)

c. Key management personnel

The key management personnel of the charity comprise the trustees and the senior management as listed on page 2. The total amount of employee remuneration received by key management personnel for their services to the charity was £nil (2021: ni}.

7. Related Party Transactions — Trustees’ remuneration and expenses

No Trustee received any remuneration for his services, nor any reimbursement of expenses during the year.

Other related party transactions involving the Trustees are set out in note 17. Such transactions ave only entered into by the charity after undertaking benchmarking and careful consideration of the appropriateness of these transactions.

8. Taxation

As the Company is a registered charity no provision has been made for taxation on the result for the year.

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Page 18 of 22

Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022 ee Eee 9. Tangible Fixed Assets

Tangible Fixed Assets
	Computer	Total
	Equipment	2022
	£	£
Cost
At 1September 2021	955	955
Additions	-	-
Disposals	-	-
At31 August2022	955	955
Depreclation
At 1September2021	955	955
Charged in year	-	-
Disposals	-	-
At31August2022	955	955
Net Book Value
At31 August 2022	-	-
At31August2021	~	-

10. Debtors

	2022	2021
	£	£
Otherdebtors	-	1,273
Creditors:Amounts falling due within oneyear
	2022	2021
	£	£
Accruals and deferred income	5,603	1,500
	5,603	1,500

1. Creditors: Amounts falling due within one year

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Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022

=

12. Unrestricted Funds

	Balance at 1
	September	Incoming	Resources		Balance at 31
	2021	Resources	Expended	Transfers	August2022
	£.	£	£	£	£
General Reserve	63,213	38,344	(9,095)	-	92,462
Total Unrestricted Funds	63,213	38,334	(9,095)	-	92,462
Unrestricted Funds— previous year
	Balance at 1
	September	Incoming	Resources		Balance at 31
	2020	Resources	Expended	Transfers	August 2021
	£	£	£	£	£
General Reserve	36,566	37,115	(10,468)	-	63,213
Total!UnrestrictedFunds	36,566	37,115	(10,468}	-	63,213

Included within incomings within the general reserve fund are donations for which the donor has not specified a project or a region. The general reserve will be used to support ongoing projects, where the trustees determine the specific donations do not provide sufficient support.

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:

Shine Charity

Notes to the Financial Statements

For the Year Ended 31 August 2022

eee

13. Restricted Funds

	Balance at31	~=—sIncoming	Resources		Balance at 31
	August2021	Resources	Expended	Transfers	August 2022
	£	£	£	£	£
Region
Asia	853	1,154	-	-	2,007
South America	10	-	-	-	10
Europe	6,866	34,557	(14,337)	~	27,086
Middle East	88,611	136,832	(211,679)	-	13,764
Donationsfor specific projects	7,180	-	-	-	7,180
Total Restricted Funds	103,520	172,543	(226,016)	-	50,047
Previous year
	Balance at31	Incoming	Resources		Balance at 34
	August2020	Resources	Expended	Transfers	August 2024
	£	£	£	£	£
Region
Asia	849	4	-	-	853
South America	10	-	-	-	10
Europe	1,396	61,727	(56,257)	-	6,866
Middle East	52,943	155,773	(120,105)	-	88,611
Donationsforspecific projects	7,180		-	-	7,180
TotalRestrictedFunds	62,378	217,504	(176,362)	-	103,520

All restricted funds are for specific projects in particular regions of the world.

The Donations for specific projects restricted fund represents donations received for specific projects for which the donor has not specified a reglon.

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Shine Charity Notes to the Financial Statements For the Year Ended 31 August 2022

14. Analysis of Net Assets between funds

Fund balances at 31 August 2022 are represented by:

	Unrestricted
	General	Restricted	Total
	Funds	Funds	Funds
	f.	£	£
Tangible fixed assets	-	z	-
Current assets	98,065	50,047	148,112
Current liabilities	{5,603}	-	(5,603)
Total net assets	92,462	50,047	142,509
Analysis ofNet Assets between funds—previous year
Fund balances at 31August 2021 are represented by:
	Unrestricted
	General	Restricted	Total
	Funds	Funds	Funds
	£	£	£
Tangible fixed assets	-	-	-
Current assets	64,713	103,520	168,233
Current liabilities	(1,500)	-	(1,500)
Totalnetassets	63,213	103,520	166,733

15. Guarantees

The company Is a company lIlmIted by guarantee not having share capital. Every member of the company undertakes to contribute a sum not exceeding £1 if the company has insufficient assets to discharge its liabilities in the event of winding up.

16. Ultimate Controlling Party

.

The ultimate parent company Is Light Trust, a charitable company incorporated In England and Wales.

17. Related Party Transactions

During the year, the charity received donations of £181,279 from Star Academies (2021: £201,239), a connected entity. These donations were generated from the fundraising activitles of the pupils of Star Academies.

During the year, the charity has donated £6,550 to Star Academles (2021: £50,001), a connected entity. These donations were paid to Star in relation to purchasing Food Hampers and Laptops for charitable purposes.

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