# **REGISTERED COMPANY NUMBER: 04856020 (England and Wales) REGISTERED CHARITY NUMBER: 1140880**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
**FOR**
**THE SHAW LANE FOUNDATION LIMITED**
Quinn’s Accountancy Services 16 Lyndhurst Bank Penistone Sheffield S36 6ER
**THE SHAW LANE FOUNDATION LIMITED**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner’s Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6 to 7|
|Notes to the Financial Statements|8 to 11|
|Detailed Statement of Financial Activities|12|
## **THE SHAW LANE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
04856020 (England and Wales)
## **Registered Charity number**
11040880
## **Registered office**
Shaw Lane Sports Club Shaw Lane Barnsley South Yorkshire S70 6HZ
**Trustees**
Ms C D Clay (Chairperson) Mr M W Dewsnap (Treasurer) Ms L Bloomer Mr I D Meade Mr C Reeves Ms J E Brock – appointed 19[th] September 2023 Mr M Sagar – appointed 6[th] April 2024 Ms J Battye – appointed 6[th] April 2024 Mr P M Brannan – resigned 1[st] September 2023 Mr B Johnson – resigned 19[th] September 2023 Mr I D Peel – resigned 1[st] December 2024 Mr D C Clayton – resigned 23[rd] December 2024
## **Independent Examiner**
Quinn’s Accountancy Services 16 Lyndhurst Bank Penistone Sheffield S36 6ER
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
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## **THE SHAW LANE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Induction and training of new trustees**
New trustees undertake an induction, briefing them on their legal obligations under Charity and Company Law, the contents of the Memorandum and Articles of Association, the decision making process, future plans and the financial performance of the charitable company.
All trustees are encouraged to attend appropriate training events and away days to support them in their roles and responsibilities.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees monitor the financial and other progress of the charitable company at their regular meetings.
The risk policy is framed by the fact that the charitable company has been dependent upon a limited number of grant funders to date and is still in its infancy. The trustees will continue to look to operate on a short term basis until the charitable company becomes established. Over the longer term we will continue to seek to secure additional funding from other sources for the continuation and development of our projects.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity’s objectives are the following:
- (1) To provide or assist in the provision of facilities for recreation or other leisure time occupation for the general public, in particular but not exclusively in the Metropolitan of Barnsley and its neighbourhood, for those who have need of such facilities by reason of age, infirmity, disability, poverty or social or economic circumstances in the interests of social welfare with the object of improving their conditions of life.
- (2) The promotion of community participation in healthy recreation in particular by the provision of facilities for playing sports.
- (3) To advance the education of young people not undergoing formal education.
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**THE SHAW LANE FOUNDATION LIMITED**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The activities of the Foundation increased with the recruitment of a Community Engagement Manager. Funding bids brought in money to support the Following activities:
- Outdoor Activities Project for people with Learning Disabilities / Mental Ill Health,
- Walking Football for Women,
- Work Skills Courses for Adults with Learning Disabilities,
- Older People’s Activity Drop in,
- Healthy Bones Class for Older People,
- Creation of an Orienteering Course and Sensory Garden,
- Disability Football Sessions,
- Tea and Toast Drop in.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Shaw Lane Foundation is working towards a position whereby 12 months of running costs will be held in reserve to offset any unexpected shortfall in income, or any unexpected expenses.
We will grow the reserves slowly and steadily, by reinvesting any surplus from fundraising activities and community initiatives, of which we have several that are growing week by week.
Approved by order of the board of trustees on ……………………. and signed on its behalf by:
………………………………………………………… ………………………………………………………… Ms C Clay – Chairperson Mr M W Dewsnap – Treasurer
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## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTESS OF THE SHAW LANE FOUNDATION LIMITED**
I report on the accounts for the year ended 31 August 2024 set out on pages seven to thirteen.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees (who are also the directors for the purpose of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act
- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
## **Basis of the independent examiner’s report**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statements below.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- (2) to which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Julie Quinn F.M.A.A.T; ATT
Quinn’s Accountancy Services
16 Lyndhurst Bank Penistone Sheffield S36 6ER Dated:
4
## **THE SHAW LANE FOUNDATION LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024**
|**INCOMING RESOURCES**
**Incoming resources from generated**
**funds**
Voluntary income
**RESOURCES EXPANDED**
**Charitable activities**
Costs of activities in furtherance of
the charitable company’s objects
Governance costs
Support costs
**Total resources expended**
**NET INCOMING / (OUTGOING)**
**RESOURCES BEFORE TRANSFERS**
**Gross transfers between funds**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED**
**FORWARD**
Notes
5|Unrestricted
Funds
£
95,619
52,441
40,515
3
92,959
2,660
-
2,660
32,918
35,578|Restricted
Funds
£
-
-
-
-
-
-
-
-
10,292
10,292|31.08.24
Total
Funds
£
95,619
52,441
40,515
3
92,959
2,660
-
2,660
43,210
45,870|31.08.23
Total
Funds
£
85,533
42,248
18,669
2|
|---|---|---|---|---|
|||||60,919|
|||||24,614
-|
|||||24,614
18,596|
|||||43,210|
The notes form part of these financial statements
5
## **THE SHAW LANE FOUNDATION LIMITED**
## **BALANCE SHEET AS AT 31 AUGUST 2024**
|**FIXED ASSETS**
Fixtures and fittings
Equipment
**CURRENT ASSETS**
Cash at bank
**CREDITORS**
Amounts falling due within one year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds
**TOTAL FUND**
Notes
4
5
6|Unrestricted
Funds
£
-
-
-
43,726
(250)
43,476
43,476
43,476|Restricted
Funds
£
-
-
-
3,316
(922)
2,394
2,394
2,394|31.08.24
Total
Funds
£
-
-
-
47,042
(1,172)
45,870
45,870
45,870
43,476
2,394
45,870|31.08.23
Total
Funds
£
-
-|
|---|---|---|---|---|
|||||-
44,382
(1,172)|
|||||43,210|
|||||43,210|
|||||43,210|
|||||40,816
2,394|
|||||43,210|
The notes form part of these financial statements
6 continued…
## **THE SHAW LANE FOUNDATION LIMITED**
## **BALANCE SHEET - CONTINUED AS AT 31 AUGUST 2024**
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.
The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on ……………………… and were signed on its behalf by:
………………………………………………………… ………………………………………………………… Ms C Clay – Chairperson Mr M W Dewsnap – Treasurer
The notes form part of these financial statements
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**THE SHAW LANE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expanded**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life
Fixtures and fittings - 20% on cost Equipment - 20% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. TRUSTEES’ REMUNERATION AND BENEFITS**
There were no trustees’ remuneration or other benefits for the year ended 31 August 2024 nor for the year ended 31 August 2023.
## **Trustees’ expenses**
There were no trustees’ expenses paid for the year ended 31 August 2024 nor for the year ended 31 August 2023.
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**THE SHAW LANE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2024**
## **3. STAFF COSTS**
|Wages and salaries
**31.08.24**
**£**
25,402
The average monthly number of employees during the year was as follows:
Charitable activities
**31.08.24**
**£**
1|**31.08.23**
**£**
26,959|
|---|---|
||**31.08.23**
**£**
1|
The average monthly number of employees during the year was as follows:
No employees received emoluments in excess of £60,000.
## **4. TANGIBLE FIXED ASSETS**
|**COST**
Balance at 1stSeptember 2023
**DEPRECIATION**
Balance at 1stSeptember 2023
Charge for the year
**NET BOOK VALUE**
At 31 August 2024
At 31 August 2023|**Fixtures and**
**fittings**
**£**
21,928
21,928
21,928
-
21,928
-
============
-|**Equipment**
**£**
300
300
300
-
300
-
=============
-|**Total**
**£**
22,228|
|---|---|---|---|
||||22,228|
||||22,228
-|
||||22,228|
||||-
============
-|
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**THE SHAW LANE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2024**
## **5. CREDITORS: AMOUNTS FALLING WITHIN ONE YEAR**
|
Social security and other taxes
Accruals and deferred income
**6. MOVEMENT IN FUNDS**|**31.08.24**
**£**
922
250
1,172|**31.08.23**
**£**
922
250|
|---|---|---|
|||1,172|
||||
|**Unrestricted funds**
General fund
**Restricted funds**
Heritage Lottery Fund
Sport England
Creative Minds
BMBC Spirit
Veolia
**TOTAL FUNDS**|**At 01.09.23**
**£**
50,873
(9,991)
-
3,500
-
-
,(6,491)
44,382|**Net**
**movement**
**in funds**
**£**
2,660
-
-
-
-
-
-
2,660|**Transfers**
**between**
**funds**
**£**
-
-
-
-
-
-
-
-|**At 31.08.24**
**£**
53,533
(9,991)
-
3,500
-
-|
|---|---|---|---|---|
|||||(6,491)|
|||||47,042|
10
## **THE SHAW LANE FOUNDATION LIMITED**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 AUGUST 2024**
Net movement in funds, included in the above are as follows:
|**Fixed Assets**
**Unrestricted funds**
General fund
**Restricted funds**
Heritage Lottery Fund
Veolia
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
95,619
-
-
-
95,619|**Resources**
**expended**
**£**
(92,959)
-
-
-
(92,959)|**Movement**
**in funds**
**£**
2,660
-
-|
|---|---|---|---|
||||-|
||||2,660|
## **7. COMPANY LIMITED BY GUARANTEE**
In the event of the company winding up, the maximum amount the members are liable for is £1.
11
## **THE SHAW LANE FOUNDATION LIMITED**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2024**
|**INCOMING RESOURCES**
**Voluntary income**
Grants and Donations
Levy
Subscriptions
Café sales
**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Wages
Project costs
Café Expenses
**Governance costs**
Rent
Rates
Donations
Accountancy
Office costs
Insurance
**Support Costs**
**Finance**
Bank charges
**Total resources expended**
**Net Income/(deficit)**|**31.08.24**
**£**
67,376
5,740
18,248
4,255
95,619
95,619
25,402
20,243
6,796
52,441
19,500
-
19,856
250
289
620
40,515
3
92,959
2,660|**31.08.23**
**£**
51,314
15,120
19,099
-|
|---|---|---|
|||85,533|
|||85,533
26,959
15,289
-|
|||42,248
15,500
60
1,680
250
586
593|
|||18,669
2|
|||60,919|
|||24,614|
This page does not form part of the statutory financial statements
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