## **Registered Charity No: 1150366 Registered Company No: 05847662 (England & Wales)**
## **SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
(A Company Limited by Guarantee)
## **Annual Report and Financial Statements**
## **For the year ended**
## **31 March 2023**
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **INDEX TO THE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
||**Page**|
|---|---|
|Charity Reference and Administrative Details|2|
|T����ee�� Ann�al Re����
�inc�����a�ing Di�ec����� Re�����|3 - 6|
|Independent Examiners Report|7|
|Statement of Financial Activities
(incorporating Income & Expenditure Account)|8|
|Balance Sheet|9|
|Notes to the Accounts|10 - 17|
|Detailed Income & Expenditure Account|18|
|Appendix 1: Case Study|19 - 20|
Page 1
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2023**
**Charity Name:** Social Training Activities and Recreational Sport Limited (referred to hereafter in this report as STARS)
**Charity Registration Number:** 1150366
**Company Registration Number:** 05847662 (England & Wales)
**Registered Office:** 80 Jackson Road Bagworth Leicester LE67 1HL **Trustees/Directors:** The directors of the charitable company are also its trustees for the purpose of charitable law. The trustees who have served during the year and since the year end are as follows:
Daniel Griffiths Neil Prince Jevon Payne Tim Warner Scott Thornton Olivia Shackleton
All the Trustees are also members of the charity.
**Independent Examiner:** Stephanie Beeston-Clarke FCCA Beeston-Clarke Accountants Limited Chartered Certified Accountants 242 Leicester Road Markfield Leicester LE67 9RG **Bankers:** Co-operative Bank plc 79 Market Place Leicester
Page 2
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **TRUSTEE’S ANNUAL REPORT (incorporating Director’s Report� FOR THE YEAR ENDED 31 MARCH 2023**
The trustees present their report and financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual financial statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity governing document, the Charities Act 2011 and 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 published in October 2019 (second edition).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The organisation is a charitable company limited by guarantee, without a share capital. The company's governing document is the Memorandum and Articles of Association which established the objects and powers of the charitably company.
In the event of the company being wound up members are required to contribute an amount not exceeding £1.
## **Recruitment and Appointment of Trustees**
When new or additional Trustees are required, beneficiaries and client organisations are invited to submit nominations and subject to their compliance with the Memorandum and Articles of Association, they are considered by the governing body of Trustees for election.
## **OBJECTIVES AND ACTIVITIES**
The principal objectives of the charity continue to be:
1. To advance in life and help young people through:
- a. The provision of recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life;
- b. Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
2. Such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales, as the Trustees may from time to time determine.
During the year STARS continued to focus on two areas of delivery:
**Stepping Stones Programme** - Aimed at supporting vulnerable young people (typically, 16 - 25 year olds) into Education, Employment, or Training (EET) that may otherwise become NEET (Not in Education, Employment or Training). We do this by building trust, raising self-esteem and confidence, and improving their employability skills. The programme includes 1-to-1, and group sessions, with trained youth workers, volunteering and work experience, and external short training courses such as first aid and CV writing.
Page 3
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **TRUSTEE’S ANNUAL REPORT (incorporating Director’s Report� FOR THE YEAR ENDED 31 MARCH 2023** (continued)
**Preparing for Life After School -** We made very slow progress in setting up our Life After School programme based mainly around staffing and you will see in our plans for 23-24 this is a priority and one which is being addressed.
In setting our objectives and planning our activities, the Trustees have given careful consideration to the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a Charity (PB2)'. In particular to its supplementary public benefit guidance on advancing education and on fee charging.
Our key objectives for the year included:
- a) To continue to work with vulnerable young people, with a particular focus on 16 to 19 year-olds that find themselves out of work;
- b) Increase the number of young people we deliver programmes to by providing programmes across new areas.
## **ACHIEVEMENTS AND PERFORMANCE**
This year has been quieter than normal, with our NEET 2 EET programme working with 8 learners. We have used 8k of 13k in funding on this project. We have had 7 positive outcomes including employment, apprenticeship, college, mental health improvement and progression onto further support programmes.
||||
|---|---|---|
|**OUTCOME**|**TARGET**|**ACTUAL**|
||||
|Project start date|Jun 22|**Jun 22**|
|Project completion date|Mar 23|**Mar 23**|
|# funded places|8|**8**|
|# young people who applied|8|**8**|
|# young people who enrolled|8|**8**|
|# positive destinations|4|**7**|
|_# young people who gained employment_|_1_|_1_|
|_# young people who gained an apprenticeship_|_1_|_0_|
|_# young people who gained a college place_|_1_|_1_|
|_# young people who improved their mental health_|_4_|_2_|
|_# young people who progressed onto another_
_programme_|_1_|_3_|
|# negative destinations|1|**1**|
Page 4
## **SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
**T RUSTEE’S ANNUAL REPORT (incorporating Director’s Report� FOR THE YEAR ENDED 31 MARCH 2023** (continued)
Plans for the future 1[st] April 2023 to 31[st] March 2024
This year's focus is that of the Preparing for Life After School programme being monitored and reviewed as it is the new programme we have introduced. We have the programme in place at four centres with agreements with Educ8 to provide the staffing required to deliver the programme.
We would like to see the NEET TO EET programme expand to new areas outside of Leicester. This includes Northumberland, where we would also like to make improvements to the facility we use and grants have been submitted to provide a safe outdoor space for young people.
Summary of plans for the future and the trustees' perspective of the future direction of the charity:
We will continue to focus on our core skill of supporting vulnerable young people leaving or having left education. We have managed to set up programmes for our year 11 cohorts across all four regions we operate in. Our next goal is to set up our NEET to EET programme in all four areas, where at present we only have one.
The Trustees remain confident that the Charitable Company remains a going concern.
## **FINANCIAL REVIEW**
The Trustees consider the financial performance by the charity during the year to 31 March 2023 to have not changed significantly since the previous year.
The Statement of Financial Activities show net overall incoming resources of £2,823 (2022: £8,963) The total Unrestricted Funds at the year-end were £11,120 (2022: £12,550), £11,099 of this is made up of fixed and intangible assets and is therefore not available to spend. Restricted Funds at year end were £22,884 (2022: £18,632).
## **RESERVES POLICY**
Our policy is to retain a small level of free reserves to ensure the financial stability, in cash flow terms, of the organisation. This should not exceed £15,000. We continue to invest reserves in programmes to support our objectives. At 31 March 2023 we held £21 (2022: £10,604) in free reserves.
During the year the unrestricted reserves at 31 March 2022 were allocated to programme delivery leaving us with very little unrestricted reserves at 31 March 2023. Currently all of our programme delivery is from grant (restricted) funding and the Trustees are continuing to investigate ways of increasing our unrestricted reserves.
The Trustees are satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations.
Page 5
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **TRUSTEE’S ANNUAL REPORT (incorporating Director’s Report� FOR THE YEAR ENDED 31 MARCH 2023** (continued)
## **TRUSTEES’ RESPONSIBILITIES STATEMENT**
The Trustees, who are also directors of the charity are responsible for preparing the Trustees' Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law 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 charitable company and of the incoming resources and application of resources of the charitable company for the year.
In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP 2019 (FRS 102);
- make judgements 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.
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities 2019 (FRS 102) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
A�����ed b� �he T����ee��Di�ec���� �n ���������� and �igned �n i�� behalf b�� 22nd June 2023
_______________________ Jevon Payne Trustee/Director
Page 6
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **INDEPENDENT EXAMINERS’ REPORT FOR THE YEAR ENDED 31 MARCH 2023**
We report to the trustees on our examination of the accounts of the company for the year ended 31 March 2023 which are set out on pages 8 to 20.
## **Responsibilities and basis of report**
As the charity trustees of the company (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 satisfied ourselves that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out our examination, we have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner’s Statement**
We have completed our examination. We can confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by Charities (applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
We have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Stephanie J Beeston-Clarke FCCA Beeston-Clarke Accountants Limited Chartered Certified Accountants 242 Leicester Road Markfield Leicester LE67 9RG
Dated: 26 June 2023
Page 7
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **YEAR ENDED 31 MARCH 2023**
## **(Incorporating Income and Expenditure Account)**
|Note
**INCOME**
Donations, legacies & gift aid
3
**Income from Charitable Activities**
Charitable activities
**Income from Investments**
Bank interest
4
**_Total Incoming Resources_**
**Expenditure on:**
Charitable activities
5
Fundraising
5
**_Total Expenditure_**
5
Transfer between funds
**Net movement in funds**
**Reconciliation of funds:**
**Net income / expenditure before transfers**
Total funds brought forward at
31 March 2022
**Total funds carried forward at**
**31 March 2023**||**2023**
**Unrestricted**
**Funds**
**2,868**
**-**
**26**|**2023**
**Unrestricted**
**Funds**
**2,868**
**-**
**26**|**2023**
**Restricted**
**Funds**
**37,880**
**-**
**-**|**2023**
**Restricted**
**Funds**
**37,880**
**-**
**-**|**2023**
**Total**
**Funds**
**40,748**
**-**
**26**|2022
Unrestricted
Funds
13,355
-
6|2022
Unrestricted
Funds
13,355
-
6|2022
Restricted
Funds
32,917
-
-|2022
Restricted
Funds
32,917
-
-|2022
Total
Funds
46,272
-
6|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||
||||**2,894**||**37,880**|**40,774**||13,361||32,917|46,278|
||||**8,956**
**5,058**||**23,938**
**-**|**32,894**
**5,058**||1,549
3,000||32,766
-|34,315
3,000|
||||**14,014**||**23,938**|**37,952**||4,549||32,766|37,315|
|||**(11,120)**|||**13,942**|**2,823**||8,812||152|8,963|
|||**9,690**|||**(9,690)**|**-**||(835)||835|-|
|||**(1,430)**
**12,550**|||**4,252**
**18,632**|**2,823**
**31,181**||7,977
4,573||987
17,645|8,963
22,218|
|||**11,120**|||**22,884**|**34,004**||12,550||18,632|31,181|
All figures relate to continuing operations.
There were no recognised gains or losses for the current or previous period other than as stated above. The movement in funds is due to the net incoming resources for the year.
The notes attached on pages 10 to 18 form an integral part of these accounts
Page 8
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **BALANCE SHEET AS AT 31 MARCH 2023 Company Number 05847662 (England)**
||||2023||2022||
|---|---|---|---|---|---|---|
||**Note**|£||£|£|£|
|**FIXED ASSETS**|||||||
|Intangible|8a|1,200|||1,800||
|Tangible|8b|9,899|||146||
|||||11,099||1,946|
|**CURRENT ASSETS**|||||||
|Debtors and prepayments|9|-|||2,500||
|Cash at bank and in hand||26,209|||34,546||
|||26,209|||37,046||
|**CREDITORS: Amounts falling due**|||||||
|**within one year**|10|3,304|||7,811||
|**NET CURRENT ASSETS**||||22,905||29,234|
|**NET ASSETS**||||**34,004**||**31,181**|
|**FUNDS**|||||||
|Unrestricted|14|||21||10,603|
|Designated|14|||11,099||1,947|
|Restricted|14|||22,884||18,632|
|**TOTAL FUNDS**||||**34,004**||**31,181**|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act for the year ended 31 March 2023.
The members have not required the charitable company to obtain an audit of the financial
statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2016.
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 the charitable company as at the end of the 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 a charitable company.
These financial statements have been approved in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.
A���o�ed b� �he T����ee��Di�ec�o�� on ����������� and �igned on i�� behalf b�� 22nd June 2023
Jevon Payne Trustee/Director
The notes attached on pages 10 to 18 form an integral part of these accounts
Page 9
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2023**
## **1 Accounting Policies**
## **1 Summary of significant accounting policies**
## **a General information and basis of preparation**
Social Training Activities and Recreational Sport is a registered charity in England and Wales and also a company limited by guarantee. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. The address of the charity's office is given on page 1 of these financial statements. The nature of the charity's operations and principal activities detailed on page 2 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value where considered necessary. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.
## **b Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **c Income recognition**
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance of conditions have been met, the amount can be measured reliably and it is probable that the income will be received.
Page 10
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
## **1 Accounting Policies (Continued)**
## **1 Summary of significant accounting policies (Continued)**
## **c Income recognition (Continued)**
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Donated facilities and donated services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. A corresponding amount is recognised in expenditure.
No amount of time is included in the financial statements for volunteer time in line with SORP FRS (102). Further detail is given in the Trustees Annual Report.
Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure.
Fixed assets donated gifts are recognised as income when receivable and are included at fair value. The income is not deferred over the life of the asset.
For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion, legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed on these occasions, the legacy is treated as a contingent asset and disclosed.
Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred.
Investment income is earned through holding assets for investment purposes such as interest. Interest income is recognised using the effective interest method. Any dividend and rent income is recognised as the charity's right to receive payment is established.
Page 11
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
## **1 Accounting Policies (Continued)**
## **1 Summary of significant accounting policies (Continued)**
## **d Expenditure recognition**
All expenditure is accounted for on an accruals basis and has been classified under headings
- Cost of raising funds
- Expenditure on charitable activities
- Other expenditure represents those items not falling into the above categories.
Irrecoverable VAT is charged as an expense against the activity for which the expenditure
## **e Support costs allocation**
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity.
The basis for apportionment is consistently applied and proportionate to the circumstances is:
Staffing Time spent in connection with a particular activity Premises costs Floor area occupied by a particular activity Non-specific Usage of resources, in terms of time taken, capacity used, support costs requests made or other measures
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
The analysis of these costs is in included in note 6.
## **f Fixed Assets**
## **Intangible Fixed Assets**
Intangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost includes all costs expended in bringing the asset into its intended working condition.
Amortisation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives:
Intellectual property 20% straight line
## **Tangible Fixed Assets**
Tangible fixed assets are measured at their original cost value, or if donated, as described above. Cost includes all costs expended in bringing the asset into its intended working condition.
Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives:
Leasehold Property Improvements 2% straight line Plant and machinery 20% straight line Motor vehicles 25% straight line
Page 12
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
- **1 Accounting Policies (Continued)**
## **1 Summary of significant accounting policies (Continued)**
## **g Debtors and creditors receivable / payable within one year**
- Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **h Provisions**
Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, It is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.
## **i Leases**
Rentals payable or receivable under operating leases are charged to the SoFA on a straight line basis over the period of the lease.
## **j Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **k Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe
that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of funds for the charity to be able to continue as a going concern.
|**2**
**Net Income / (Expenditure) for the year**
This is stated after charging:
Depreciation
Independent Examiners Fees
**3**
**Donations, legacies & gift aid**
Unrestricted
Restricted
Henry Smith
Awards for All
LCC Community Grant
The 29th May Charitable Trust
The Sheldon Trust
The PCC for Leicestershire
Workers Educational Association
Clothworkers Foundation
Bernard Sunley
Leicestershire & Rutland Community Foundation
Peter Harrison Foundation
KFC Foundation
**Total donations, legacies & gift aid**|**2023**
**£**
248
780
**2023**
**£**
2,868
-
9,880
-
4,000
-
-
-
10,000
5,000
3,000
4,000
2,000
37,880
40,748|2022|
|---|---|---|
|||£
42
738|
|||2022|
|||£
13,355|
|||9,900
655
2,000
4,000
5,977
9,880
1,160
-
-
-
-
-|
|||33,572|
||||
|||46,927|
Page 13
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
|**4**
**Bank interest**
Bank interest received
**5**
**Analysis of Expenditure on Charitable Activities**
**Activities**
**undertaken**
**directly**
**Analysis of expenditure on**
**Charitable activities - unrestricted funds**
£
Stepping stones programme
6,596
Preparing for Life After School programme
-
**Total unrestricted expenditure**
6,596
_2022 analysis_
_104_
**Analysis of expenditure on**
**Charitable activities - restricted funds**
Stepping stones programme
20,546
Preparing for Life After School programme
3,165
**Total restricted expenditure**
23,712
_2022 analysis_
_32,042_
Fundraising
Unrestricted
5,058
Restricted
-
**Total resources expended**
**35,365**
_2022 analysis_
_35,146_
**6**
**Support Costs**
**Unrestricted**
**funds**
Depreciation & amortisation
848
Bank interest payable
-
Office & admin
732
Governance
(note 7)
780
2,360
_2022 analysis_
_1,446_
**7**
**Governance Costs**|**4**
**Bank interest**
Bank interest received
**5**
**Analysis of Expenditure on Charitable Activities**
**Activities**
**undertaken**
**directly**
**Analysis of expenditure on**
**Charitable activities - unrestricted funds**
£
Stepping stones programme
6,596
Preparing for Life After School programme
-
**Total unrestricted expenditure**
6,596
_2022 analysis_
_104_
**Analysis of expenditure on**
**Charitable activities - restricted funds**
Stepping stones programme
20,546
Preparing for Life After School programme
3,165
**Total restricted expenditure**
23,712
_2022 analysis_
_32,042_
Fundraising
Unrestricted
5,058
Restricted
-
**Total resources expended**
**35,365**
_2022 analysis_
_35,146_
**6**
**Support Costs**
**Unrestricted**
**funds**
Depreciation & amortisation
848
Bank interest payable
-
Office & admin
732
Governance
(note 7)
780
2,360
_2022 analysis_
_1,446_
**7**
**Governance Costs**|**4**
**Bank interest**
Bank interest received
**5**
**Analysis of Expenditure on Charitable Activities**
**Activities**
**undertaken**
**directly**
**Analysis of expenditure on**
**Charitable activities - unrestricted funds**
£
Stepping stones programme
6,596
Preparing for Life After School programme
-
**Total unrestricted expenditure**
6,596
_2022 analysis_
_104_
**Analysis of expenditure on**
**Charitable activities - restricted funds**
Stepping stones programme
20,546
Preparing for Life After School programme
3,165
**Total restricted expenditure**
23,712
_2022 analysis_
_32,042_
Fundraising
Unrestricted
5,058
Restricted
-
**Total resources expended**
**35,365**
_2022 analysis_
_35,146_
**6**
**Support Costs**
**Unrestricted**
**funds**
Depreciation & amortisation
848
Bank interest payable
-
Office & admin
732
Governance
(note 7)
780
2,360
_2022 analysis_
_1,446_
**7**
**Governance Costs**|**Governance**
**& support**
**costs**|**2023**|2022|
|---|---|---|---|---|---|
|||||**£**
26|£
6|
|||||**Total**
**2023**|Total
2022|
|||£
6,596
-|£
2,360
-|£
8,956
-|£
1,549
-|
|||6,596|2,360|8,956|1,549|
|||_104_
20,546
3,165|_1,446_
226
-|20,773
3,165|_1,549_
32,766
**-**|
|||23,712|226|23,938|32,766|
|||_32,042_
5,058
-|_723_
-
-|5,058
-|_32,766_
3,000
-|
|||**35,365**|**2,586**|**37,952**|37,315|
|||_35,146_
**Unrestricted**
**funds**|_2,169_
**Restricted**
**funds**|**2023**|_37,315_
2022|
|||848
-
732
780|-
-
213
13|**£**
848
-
945
793|£
642
-
776
751|
|||2,360|226|2,586|2,169|
|||_1,446_|_723_||_2,169_|
||**Governance Costs**|||**2023**|2022|
||Independent examiners fee
Accountancy
Legal fees|||**£**
£
780
738
-
-
13
13
793
751||
|**Governance Costs**|**2023**|2022|
|---|---|---|
||**£**|£|
|Independent examiners fee|780|738|
|Accountancy|-|-|
|Legal fees|13|13|
||793|751|
Page 14
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
|**8a Intangible Fixed Assets**
**Cost:**
As 1 April 2022
Additions
As at 31 March 2023
**Amortisation:**
As 1 April 2022
Charge for the year
As at 31 March 2023
**Net Book Value:**
As at 31 March 2022
As at 31 March 2023
**8b Tangible Fixed Assets**
**Cost:**
As 1 April 2022
Additions
As at 31 March 2023
**Depreciation:**
As 1 April 2022
Charge for the year
Disposal
As at 31 March 2023
**Net Book Value:**
As at 31 March 2022
As at 31 March 2023
**9**
**Debtors**
Trade debtors
Sundry debtors & prepayments
**10 Creditors: Amounts falling due within one year**
Trade creditors
Accruals
Other creditors||Leasehold
Property
Improvements
£
-
10,000||Intellectual
Property
£
3,000
-
3,000
1,200
600
1,800
1,800
**1,200**
Plant &
Machinery
£
239
-
239
92
48
-
140
146
**99**
**2023**
**£**
-
-
-
**2023**
**£**
454
2,850
-
3,304||**Total**
£
3,000
-|
|---|---|---|---|---|---|---|
||||||||
|||||||3,000|
|||||||1,200
600|
|||||||1,800|
|||||||1,800|
|||||||**1,200**|
|||||||**Total**
£
239
10,000|
|||10,000||||10,239|
|||-
200
-||||92
248
-|
|||200||||340|
|||-||||146|
|||**9,800**||||**9,899**|
|||||||2022|
|||||||£
-
2,500|
|||||||2,500|
|||||||2022|
|||||||£
2,243
1,728
3,840|
|||||||7,811|
Page 15
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
## **11 Wages and Salaries**
The charity does not employ any members of staff.
## **12 Trustees and Related Party Transactions**
None of the Trustees have been paid any remuneration in their role as a Trustee in respect of the year ended 31 March 2023. However, the following have been paid remuneration or received other benefits as a worker/supplier for the charity in accordance with the Memorandum and Articles of Association:
|Educ8 Business Consultancy Ltd
Sportfit Programmes Ltd
Cre8 Music Education Ltd
Educ8 Coventry & Warwickshire Ltd
Educ8 Liverpool Ltd|**2023**
2022
1,864
748
-
2,980
2,844
3,200
-
200
-
2,006
4,708
9,134|
|---|---|
Trustees Jevon Payne and Timothy Warner are directors of Educ8 Business Consultancy Ltd and Sportfit Programmes Ltd. Timothy Warner is a director of Educ8 Coventry & Warwickshire Ltd. Neil Prince is a director of Educ8 Liverpool Ltd. The wife of Trustee Jevon Payne is a director of Cre8 Music Education Ltd.
During the year the Trustees and Related Parties made no donations to the Charity without attached conditions (2022: £ _10,000_ ). No donations were made by Trustees and Related Parties with conditions attached.
|**13 Movement in funds**
**Unrestricted:**
Capital fund (designated)
Free reserves
**Restricted:**
Henry Smith
Awards for All
Rothley Trust
DWF Foundation
The 29th May Charitable Trust
The Sheldon Trust
The PCC for Leicestershire
Clothworkers Foundation
Bernard Sunley
Peter Harrison Foundation
KFC Foundation
**Total funds**
Leicestershire & Rutland
Community Foundation|**01 Apr 2022**
**£**
1,947
10,603
12,550
2,344
-
897
2,500
3,344
5,450
4,097
-
-
-
-
-
18,632
31,182|**Incoming**
**Resources**
**£**
-
2,894
2,894
-
9,880
-
-
4,000
-
-
10,000
5,000
3,000
4,000
2,000
37,880
40,774|**Outgoing**
**Resources**
**£**
848
13,166
14,014
2,344
5,301
-
-
3,165
-
4,301
-
5,000
3,002
825
-
23,938
37,952|**Transfers**
**31 Mar 2023**
**£**
**£**
10,000
11,099
(310)
21
9,690
11,120
-
-
-
4,579
-
897
-
2,500
104
4,283
-
5,450
204
-
(10,000)
-
-
-
2
-
-
3,175
-
2,000
(9,690)
22,884
-
34,004|
|---|---|---|---|---|
The Capital Fund represents the net book value of the fixed assets of the charity and is not freely available for use unless the asset is sold.
Page 16
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED)**
## **13 Movement in Funds (cont)**
## **Funders & Funding**
All funding granted during the year from the funders below has been used by STARS to focus on their Stepping Stone Programme which aims to support vulnerable young people from NEET (Not in Education, Employment, or Training) to EET (Education, Employment, or Training); or on their Preparing for Life After School Programme (new for 2023).
## Henry Smith Foundation
Provide grants to enable organisations to work with people to reduce social and economic disadvantage.
## Awards for All
National Lottery Community Funding.
## Rothley Trust
Gives small grants to assist groups with charitable work in the north east, focusing on the needs of children and young people in areas of disadvantage.
## DWF Foundation
Provides funds, resources and mentoring support to help individuals, groups and communities to achieve their full potential. The start date has been delayed due to staffing issues. This has been agreed with the funder.
## The 29th May Charitable Trust
Supporting year 11 learners at risk of becoming NEET in the Coventry area.
## The Sheldon Trust
Supporting year 11 learners at risk of becoming NEET in the Coventry area.
## The (Police & Crime Commissioner) PCC for Leicestershire
Supporting young people in disadvantaged areas of Leicester.
## Clothworkers Foundation
This grant was provided to assist with the refurbishment of a training centre in Liverpool.
## Bernard Sunley
This grant was provided to assist with the refurbishment of a training centre in Liverpool.
## Leicestershire & Rutland Community Foundation
This funding was provided for the NEET to EET programme in Leicestershire.
## Peter Harrison Foundation
Funding towards a 24 week course of 'Wanna be a Sports Coach' programme of 20 young people aged 16-25.
## KFC Foundation
Funding for the Preparing for Life After School project in Northumberland.
## **14 Analysis of net assets between funds**
|Fixed Assets
Net current assets
Fund balances at
31 March 2023:|**Free reserves**
-
21
21|**Capital**
**fund**
11,099
-
11,099|**Restricted**
**funds**
-
22,884
22,884|**Total 2023**
Total 2022
11,099
1,947
22,905
29,235
34,004
31,181|
|---|---|---|---|---|
## **15 Controlling Interest**
The company is controlled by the trustees / directors.
## **16 Share Capital**
The company is limited by guarantee and therefore has no share capital. The members have agreed to contribute to the assets in the event of winding up to an amount not exceeding £1.
Page 17
**SOCIAL TRAINING ACTIVITIES AND RECREATIONAL SPORT LIMITED**
## **DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2023**
|Donations & gift aid
Donated goods / services
Henry Smith Foundation
Awards for All
LCC Community Grant
The 29th May Charitable Trust
The Sheldon Trust
The PCC for Leicestershire
Workers Educational Association
Clothworkers Foundation
Bernard Sunley
Leicestershire & Rutland
Community Foundation
Peter Harrison Foundation
KFC Foundation
Bank interest
Coaching (subcontractors)
& resources
Fundraising
Premises
Uniforms
Office & administration
Staff Recruitment & Training
Travel costs
Subsistence
Venue hire
Membership subscriptions
Bank interest payable
Insurance
Legal & professional fees
Independent examination
Depreciation
Amortisation
**Net Income (deficit)**
**for the year**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2023**|Unrestricted
funds
Restricted
funds
2022|
|---|---|---|
||**£**
1,003
-
1,003
1,865
-
1,865
-
-
-
-
9,880
9,880
-
-
-
-
4,000
4,000
-
-
-
-
-
-
-
-
-
-
10,000
10,000
-
5,000
5,000
-
3,000
3,000
-
4,000
4,000
-
2,000
2,000
26
-
26|£
12,700
-
12,700
655
-
655
-
9,900
9,900
655
-
655
-
2,000
2,000
-
4,000
4,000
-
5,977
5,977
-
9,880
9,880
-
1,160
1,160
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6
-
6|
||**2,894**
**37,880**
**40,774**|14,016
32,917
46,933|
||-
10,882
10,882
5,058
-
5,058
-
4,950
4,950
140
-
140
483
-
483
-
-
-
-
213
213
-
-
-
5,429
7,891
13,320
249
-
249
-
-
-
1,014
-
1,014
13
-
13
780
-
780
248
-
248
600
-
600|78
20,514
20,592
3,000
-
3,000
-
-
3,000
26
182
207
-
256
256
66
80
146
-
131
131
-
83
83
-
11,347
11,347
-
161
161
-
-
-
-
-
-
-
13
13
738
-
738
42
-
42
600
-
600|
||**14,014**
**23,938**
**37,952**|4,549
32,766
40,315|
||||
||**(11,120)**
**13,943**
**2,823**|9,467
152
6,618|
Page 18
## **Case Stud�**
## C������������������a���: NEET
## _Bac�g����d I�f���a�i��:_
M��a����CR a��I ������A����[L�������������] ���������a���������a��������. C��������I a����������������a��I �a��������a����������ADHD ������������ ���������������������a����. I ������������������������a������������������������� ���a�����a������I �a��a��a ������a��������a�����������. I a���������a�I a� ����������a���a�a���, a�����a�����a ������������������. I ������a��a������� �a��a��������a������������a��a��a�����a���, ���������I ������a������������� �a��a���a�I �����������������ADHD. Da����a������a������������a����a� ��������������a T������P����������a�����, a����, I a���a�����I a���������.
## _Ed�ca�i��:_
M�������a�����a����a�����a�����������������a�����a�������������a����� ���a����������������������. A��������������I �a����100% �������a���a������ �������������������������������������a��������. I a���������a���ADHD �����a���� a����a�����������������a����a������a����������������������������������a���� ���������������a���������������������a�I �a������������. I ���������������� ����a���a�����a�����.
## _STARS NEET ��EET ���g�a��e:_
I ��a��������������Da����a�����O������2022. I ����������a��a�������������� ���������������������������a���. T�����������������a���a�Da����(������� ������) �a������a��������M��a�����a�����a �����������������M��a����a�� �a����������. W�������a��������������a ����a�������a ���a��������a��������a� ��a��������������������������. I ��������Da����I ���������������CSCS �a�����I �����������������a���������.
Da��������������������������������������������CSCS �a��������a������ �����a��. H��������a�I ����������������������a�������������I a������������������ ���������������a������a ��������������a�I ���������. Da����a��������������� ����a ��������������a�������������������������a��������������������
Page 19
�����. I a���������a�I �a��a�������������������a�a ��������������������I �a�� ���a��.
I �������STARS �����a������a���Da�������������������a��������a�I ���� �������a���a����'������������������a�����. W��a����������������������������a� a ���������a����, �a��a������������a��, KFC, a�����a����E���8 ������.
## _Ne��S�e��:_
W�������a����������a C�����������a����I �a�������ID a�I ������a��a �a�������� ��������������.
N����a�I �a������������������CSCS ������(a�����7 �����) I ������������a������� �������a������������a��. O���I �a������I ������a�����a�����������.
Page 20