REGISTERED CHARITY NUMBER.. 1156237 Report of the Trustees Ind Unaudited FingnciAI StateJneDts for the Year Ended 31 March 2021 for Speclal Stars Foundation Harris Lacey and Swai Sllitc I Th¢ Riv¢rsid¢ Building Hessle East Yorkshire HU13 ODZ
Speelal Star$ Found4tion Content$ of the Financial Stotements for the Year Ended 31 March 2021 Page Report •( the Trvst¢¢S lldependent Examiner's Report Ststement Of Fln*ndal A¢tivities Balance Sheet Notes to the Flhaneial StatemeDts 8 to 16 DetAiled StAtement of Finantial Acti¢5 17 to 18
Spe¢lxl Stars Foundatfion Report of the Tru$tee5 for the Year Ended 31 Mareh 2021 The tnjsitts present their report with the fiDaueial stat¢m¢nts of the ¢haTity for the y¢ar ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities.. StemenT of Recommended Piactice applicable to charities preparing their accounts in aordanCe the Finan¢tal Reporting Stsndard appliuble in the UK and Republic of ITe13nd IFRS 102) (effective l January 2019). OBJECTtVES AND AcrtVITIES Objeetlves and #etivities Special Stars Foundation's objectives are. Sp¢cial Stars Foutmlation provides a divers¢ ond vibrant range of inclusive opportunities for people with learning and physical dab]litIeS who cannoi access mainstream activities. Our aim is to Teduce social Isolatio provide meaningful experiences. build confidence and develop new skills. We also offer a variety otlearning opportunities, advic¢ and supwrt s¢rvi¢¢s fgr parent ¢ar¢rs. Maln objectlves for the followlDg year In sh2pin8 our objectives for the following year and planning our activitl¢s, th¢ TTUSt¢¢s have eonsidered the Charity Commission's guidance on Public Benefit. The main objectives for 2021122 are.. To coniinue to offei a wide and diverse ran8e of inclusive. accesskble and subsidised tecreational and creativr learning opportunities for disabled people and their families acros5 Hull and East Yorkshire. To continue to offer a variety of trajning, suppoit and advice provisions for parent carers in the region. with the overall aim of irnPlOVLII8 the quality of life of people affected by disability. Publlc beneflt Special Ss Foundatiou obj¢¢tiv¢s are to r¢liev¢ th¢ ne¢d$ of ¢hildren 2nd adults with additional need$ and their families thToughout the Hull and Easi Yorkshire region by providing, and assisting in the provision of, in¢lusive recreational activities and by providing support. irnining and piactical advice for parent carers. Page I
SpeclAI Stars Foond&tion Report of the Trustees for the Year Ended 31 March 2D21 ACHIEVEMENT AND PERFORMANCE Review of Aclffivitffies The Special Foundation Board of TnteeS is satisfied that in the financial y¢ar of 2020121.. - Our work reflected our aims - OUT resou¢5 were well managed During the financial y¢ar ending March 2021. we have had to quickly adapt to the barris the COVID19 pattdemic has presented. We developed a'COVID19 RespoDs¢' to the pandemic and were able to provide the following s¢rvi¢¢s.' For di54bled children: Access to a free specialist equiprn¢nt and sensory toy lenditig library Boxe5 of Happiness Wellbeing Project - Mental Health Woikshops via Zoorn YouTube channel f¢atyring loul ortists and musicians for familÈes to enjoy at hom For dls#bled Adults: - Arts and Craft Workshop5 {via Zoom) Boxes of Happirtess WellbeiE]g Project Social and 5UPPOrt groups (via Zoom} - YouTube channcl fcatwing local artists and musicians for families to ¢njoy at home For parent earers.. Expansion of our ontine shop providing heavily di5¢0unt¢d sensory items alld specialist disability relakd products - Support Group5 {via Microsoft Team$} Facilitated new e-leaming inductions l-l Advi¢e Service (via telephone. email and social tn¢dial FINANCIAL REVIEW Reserves pollcy It is the aim of the TStee& to rctain three month5 running costs In the unrestricted general nd io ensur¢ a significant buffer to cnable ¢ff¢ctive fiThancial decision-making. rather than short term decisions and the Charity will work towaTd5 a¢hieving this. Principle Funding Sources See note 7 of the notes to the aecouDts for a detailed explanation of the Cbarity's restsicted fijnds. FUTURE PLANS Please see rnain objective5 for th¢ following year. STRucfuRE. GOVERNANCE AND MANAGEMENT G•verning doeumtnt Special Stars Foundation is a Charitable Incorporated organisatio registered witb the Charity Commi&sion on 18th March2014. Page 2
Speclal Stars Foundatlon Report of the Trllstee5 ror the Year Ended 31 March 2021 STRUCTURE, GOVERNANCE ATrID MANAGEMENT Recruitment and appolntment olnew trustees Thc Trllstc¢s forni the Executive Committee of the Charity. The members of the Executive Committee arc clcctcd at the Annual General Meeting by the members of the Charity. All mcmbers are circulated with invitations to nominate Trnstees in advanc¢ of th¢ AGM. The Constitution states there TllU5t be a minimum of thre¢ charity TThstees. and there is no maximum nwnber of Trustees At every AGM, one-third of Tru5tces must retire from oifice. The Executive Committee may co-opt new Charity Tru5t¢es at any tim¢. Co-OPt¢d memb¢rs shall Tettr¢ at the next AGM followill8 appointment and should not be counted for the purpose of deiernjining wljicb of tbe Charity Trustees ts to retir¢ by Totation at that meeting. Any p¢rson who retires as a Charity Trustee is eligible for reappointment. Organls2tlonAI $tru¢tsre Th¢ Board of Trustees manages the Charity attd aims to consider only strategic decisions at its mectings. Trustees are aware that any conflict of interest is declared and minuted. The Board of Trust¢¢s holds a minimum of four meetings per Inductlon #nd tralning of Dew trustees New Trustees undergo induetion training. The induction includes a discussion about the role and resptsnsibilities of TTUStees. the activities, aims and objectives of the Charity, the structure aRd orgaRisation, Board of Trustees and g¢n¢ral proceduies of the 018ani5ation. New TTUStees are introduced to m¢mb¢rs of staff and oiher Trustees and are provi¢Jed with the Charity Commissions 'Rol¢s 3nd Responsibiliiies of TStee$., the ConstiNtion, the tatest staiutory Financial Statements. Annual Report, and fthancial reports provided to the Board of Trust¢e$. Any additional training Tequir¢d by th¢ new Trustees will be identifled duting induetion and may b¢ r¢qu¢st¢d at 3ny point by new and existing Trustees where it is considered use[ to theiT rol¢ as TTUStee. Rlsk mAnagemettt The major risks, to which the Charity is exposed. as identified by (he Trustees. have been reviewed and systems have been established to mItigate those risks. All systems attd pr0eethe& are reviewed rcgularly to ensure they me¢t Charity law and our own organisation's airn5 and obj¢ctives. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1156237 Princfipal Address 171 High Street Hull East YoTkshir¢ HUI INE Trustee$ N Barnes C Watson D Ead¢ J Eade E Stubblns L Wise (resigned 16.2.21) S Gr¢¢nc Page 3
Special Stars Foundation
Report of the Trustees for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner Harris Lacey and Swain Suite 1 The Riverside Building Hessle East Yorkshire HU13 ODZ
Approved by order of the board of trustees on ........16.09.21..................................... and signed on its behalf by:
Chair of Trustees
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Independent Examiner'5 Report to the Trusteej of Sp¢¢ll Stars Foundation Independent exAmlner's rtport to the trusteeg of Sp¢¢i#l Siars Found8tioTh I report lo the charjty Irusiees on my examillaiion of the accounts of Sp101 Stars Fouthiion (th¢ Trwl) for the yur end¢d 31 MIKh 2021. Re5pon51bllltle5 and basls ofreport As the ¢haTity trust¢e$ of the Trust YOU 4Te TfspoDsÉbk for the preparation of the accouDts ID xcordlrte with the reqUire[tnts of the Charities Act 20111'th¢ Aci). I re[ ia res1 of my ¢xamiMtiott of the Trusvs aoUnts tyjt under section 145 of the Act aTd in caThying o my eXantIOn I have followed 811 applicable DirttiioJL% given by the chlty Conynission s¢cfion 145{5Mb) of the ACL Independent exgmlner's ststemtDt SiDC¢ your ¢han'tys gr05s inwmc cxcttded £250.iXX) your cxaminer must be a of • listed bLy. I confl that l am qlI&¢d to wO¢rf8k¢ th¢ ¢x•miNtion bttause l •m a mrntr of_ which 1$ oneof the list bodiej. I have cotwjlded my examitiOn. I ¢onfJrn that Do Inat¢rial matters have rne to my attcntion in ¢onrte¢¢ion with the Cxuminlltion givmg cause to believe thai in atsy matetial respeci.. accounting records were not kept in respeel of the Trusi as required by section 130 of the Aci.. or the accounts do rLOt accord with those records. or the accounts do t)01 comply with the applicabl¢ r4uirern¢nts coK¢rning th¢ form ond ¢ontent of accounts set out in the Charitie5 IAccoutLts atyj Reports) Regulations 2008 other than any requirement thai the Accounts 8lV¢ trne and fair view which is not a matter considered as part of an ind¢p¢nderti ¢xaminaiion. I have no concerns ANi have ¢om¢ A¢ross no other m&tteTS in COTJne¢tion F4ith th¢ ¢xamilIOn w whi¢h should bc drawn in this report in order to enable a proper utiderslsnding of the accounts to be reach RichaTd D tAtry HaTTiS L4cey and SIn Suite I The Riverside Buildu Hessle East York5hiTe HU130DZ IL.A.q .l.>.I Pa8¢ 5
Special Stars Foundation Statement of Financlal Acdvltles for the YeAr Ended 31 March 2021 2021 Total nd5 2020 Tothi Unrestrid¢d Restri¢t¢d funds Notes INCOME AND ENDOWMENTS FROM Donations and Ic8acies I1,4 4,398 15.888 35.561 Charltable actlvltks Charitsble 54.796 233.575 288.371 187.982 Other tradtng ectiviiie¥ Bank Interest 100,160 14.726 14 Total 166,457 237,973 404,430 238.283 EXPENDITURE ON Charltable acttvltles Charttable 114,lJ4 105.932 220,066 203,813 NET INCOME 52.323 132.041 184,364 34.470 REcof4CILIATION OF FUNDS TotAI funds brought forwoTd 23,985 66,015 55.530 TOTAL FUNDS CARRIED FORWARD 76,308 198,056 274.364 90.OCrfJ The Doles fonn pkrt of th¢se financial ststements Page 6
Spe¢l*l Stars FouTrdatio BalAnce Sheet 31 March 2021 2021 Total 2020 Totsl llds Unrestri¢t¢d fund Restri¢ted funds Notes FIXED ASSETS Tangible assets 2,236 2,236 CURRENT ASSETS Debtors Cash at bank and in hand 168 78,160 168 273,981 195,821 91,072 78.328 195.821 274.149 91,072 CREDITORS Amounts falling due within one year io {2.021) (2,021) (1,072) NET C'URRENT ASSETS 76,307 195,821 272.128 90,000 TOTAL ASSETS LESS CURRENT LIABILITIES 76,307 198,057 274,364 90,000 NET ASSETS 76,307 198,057 274,364 90,000 FUNDS Unrestricted funds Restricted ttds 76.307 198,057 23,985 66,015 TOTAL FUNDS 274.364 90,000 The financial stalements were approved by the Board of TNstees and Authorised for i&sue 16.09.21 and werc signed on its behalf by.. on Chair of Tru51ees The notes forn) part of these finat)cial statements Page 7
Special Stars Foundation
Notes to the Financial Statements for the Year Ended 31 March 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP[(] FRS 102[) ] 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland[(] FRS 102[) (] effective I January 2019[)] ', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the uired in settlement and charity to that expenditure, it is probable that a transfer of economic benefits will be re[q] the amount of the obligation can be measured reliably. 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 rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Taxation
The charity is exempt from tax on its charitable activities. The charity registered for VAT in March 2021, the only costs sub[j] ect to VAT are any costs relating to shop activities and events.
Fund accounting
ectives at the discretion of the trustees. Unrestricted funds can be used in accordance with the charitable ob[j]
Restricted funds can only be used for particular restricted purposes within the ob[j] ects 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. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Donations | 15,888 | 35,561 |
continued ...
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Speclal Star$ FoundttloD Notes to the Flnan¢l#l Stitements- continued for Ihe Year Ended 31 March 2021 OTHER TIUDING AcfiviTIES 2021 2020 Shop in¢om¢ IIW,160 14,726 BANK INTEREST 2021 2020 Deposit Kcouni interest 14 INCOME FROM CHARITABLE AcfIviTIES 2021 2020 Activity Charitthl¢ ChaTitablc Clwjthble Fundriisihg Evcnls 12,126 129 276,116 53.361 9.150 125.471 288,371 187,982 Grants received above £1,500, are as follow5.' Alb¢rt Hunt Trw5t Bailey Thomas Fund The National Lottery Communiry Fund Prin¢es Charities Stadium Charithble Twst Anna Maria Trusi Edward Gostling Fowthiion Slyvia Adams Trust ESC Lottery Fund Arts Council Hull City CourKil The Toy Trust The Mottison Fowidaiion Co-op LCF Petcy BiltOD HMRC JRS Gran 162.lJOI 4.959 9,523 10.o(x) 6.0 6,235 8.650 10.0 s,o¢YJ 4,416 2,132 2,385 27,656 266.957 Page 9 ¢ontinued...
Speclal Star5 Foundatio Note5 to the Finaneigl Statements- contlnued for the Year Ended 31 March 2021 TRUSTEES, REMUNERATION AND BENEFITS Tbere were no tntstees, retnuneration or other b¢n¢fits for th¢ year ended 31 March 2021 nor for the year ended 3 I Mawh 2020. Trllstee5' ¢xpen5e$ There were no trust¢¢$' exp¢n5¢s paid for the year ended 31 March 2021 nor for the year ended J l March 2020. COMPARATIVES FOR THE STATEMENT OF FENANCIAL ACTIVITIES Unrestricted fund Restricted fvnds Total funds INCOME Af4D ENDOWMENTS FROM Donations alld legaci 33,559 2.002 35.561 Charltable aeilvltles Charitabl¢ 72,171 187,982 Other trading activities Bank Int¢r¢ 14,726 14 14,726 14 Totsl 120.470 117.813 238283 EXPENDITURE ON Charitable #ctivities Charitable 107,271 96,542 203,813 NET INCOME 13,199 21,271 34.470 RECONCILIATION OF FUNDS Total funds brought forward 10,786 44,744 55,530 TOTAL FUNDS CARIUED FORWARD 23,985 66,015 90.000 Page 10 ¢ot)tinued...
Special Stars Foundatlon Notes to Ihe Finanelal Statements- tontinued for the Year Ended 31 March 2021 TANGIBLE FIXED ASSETS Fixture5 and fitting5 COST Additions 2,795 DEPRECIATION Charge for year 559 NET BOOK VALUE At 31 Mar¢h 2021 2,236 At JI March 2020 DEBTORS: AMOUNTS FALLING DUE THIN ONE YEAR 2021 2020 Trade debtor5 Oih¢r debtors 72 96 168 io. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trade creditors T8x#tion and social security 1,839 182 1,072 2.021 1,072 Page Il ontinued...
Speelal St£rs Found#tion P4otes tts tbe Flnxnei%l Statements- contlnued for the Year Ended 31 March 2021 ii. MOVEMENT IN FUNDS Net mov¢rn¢nt in ftmds At 31.3.21 At 1.4.20 Unrestricted funds General fijnd 23,985 52,322 76,307 Restrleted funds Makaton Theatre Pienuse5 + Staff Hydrotherapy Physiothetapy Social and Crafts Group Covid 19 Traitiing Day Trips Sensory Equipinent 5,175 4,731 33,969 652 1.188 12,408 4,416 {404) 62,525 9,591 4,327 96,494 652 1,188 16.308 61.605 326 244 7.322 3,900 61.605 326 244 7,322 66,015 132,042 198.057 TOTAL FUNDS 90.000 184,364 274,364 Net Tnovemertt fi]nd5, includ¢d in the above are as follows.. Incoming resources Resources expended Movement in fuDds Unrestrlcted rlldS General fimd 166.457 {114.135) 52,322 Restricted funds Makaton Th¢atrc Premises + Staff Social and Crafts Group C(Trvid 19 Lending Library 4.416 4,416 (404) 62.525 3,900 61,605 {404) (99.474) 161,999 3.900 65,869 1,789 (4,264) (1,789) 237.973 {105,9311 132,042 TOTAL FUNDS 404,430 (220,0661 184,364 Page 12 ontinued...
Special Stars Foundatlon Notes to the Fin#nclal Statements- continued ror the Yegr Ended 31 March 2021 ii. MOVEMENT IN FUNDS - ¢ontinued Comparatlves for tnovement In fund5 Net movement in fid& At 31.3.20 At 1.4.19 Unrestricted funds General tund 10.786 13,199 23.985 Restrlcttd funds Sunday Club Lightwater Valley Trip M2katon ClothwoTkers Foundation Theatre Premises + Staff Hydrotherdpy Physiotherapy Social and Crafts Group Tratning Day Trips Sen50ry EquÈpEnent 11.798 125 111.798} (125) 5,175 (1.237} (9101 11,946 76 14621 10,714 326 244 7,322 5.175 1.237 5,641 22,023 576 1,650 1,694 4.731 33.969 652 1,188 12,408 326 244 7,322 44,744 21,271 66,015 TOTAL FUNDS 55.530 34,470 90,000 Page 13 continued...
Speel#l Stars Foundation Notes to the FinAncial Statements- contlnued for the Year Ellded 31 March 2021 ii. MOVEMENT IN FUNDS- contlnued Comparative n¢t movement in fvnds. included in the above are as follows.. Incoming resources Resources expended Movement in fvnds Unrestricted funds General ffijnd 120,470 (107,271) 13,199 Restricted (unds Sunday Club Lightwat¢r Valley Trip Makaton clothw0cT5 FouTrdation Theatre Premises + Staff Hydrotherapy Physiotherdpy Social and Crafts Group Adult Crafts Training DAY Trips Sen50ry EqDipm¢nt ,919 {13.717) (125} (4,821) (1.237) 1910) (65.383) {3,099) {463) (1.500) {3.357) (674) (1,256) (11.798) (125) 5.175 {1.237) {910} 11,946 76 (4621 10,714 9,996 77,329 3.175 12,214 3,357 1,000 1,500 7,322 326 244 7.322 117,813 (96,542) 21,271 TOTAL FUNDS 238.283 {203.813) 34,470 Pag¢ 14 continued...
Speelal Stars FOndatIon Notes to the Financial Statements- continued for the Year Ended 31 M#rth 2021 ii. MOVEMENT IN FUNDS- continued A current Ye 12 months and prior year 12 monihs combined position is as follows.. Net movement in funds At 31.3.21 At 1.4.19 Unrestricted funds Genal fund 10,786 65,521 76,307 Restrlcted fund$ Synd&y Club Lightwater Valley Trip Makaton Clothworkers Foundation Theatre Premises + Staff Hydrotherapy Physiotherapy Social and Crafts Group Covid 19 TrainLll8 Day Trips Sensory Equipment 11.798 125 (11.798) (125) 9.591 {1.237) (1,314) 74,471 76 1462) 14,614 61,605 326 244 7,322 9,591 1,237 5,641 22,023 576 1.650 1,694 4,327 96,494 652 1.188 16,308 61,605 326 244 7,322 44,744 153,313 198,057 TOTAL Fuf4DS 55.530 218.834 274,364 Page 15 continued...
Special Stars Foundation Notes to tbe Financial Siatements- ¢ontinued for the Year Ended 31 Msrch 2021 ii. MOVEMENT IN FUNDS- eontlnued A current year 12 months and prior year 12 montK% combined net movement in funds. included in the above are as follows.. Incoming resources Resources expended Movement in funds Utkre5trieted fuDd¥ General fund 286,927 (221,406) 65,521 Restricted funds Stsnday Club Lightwatcr Valley Trip Makaton Clothworkers Found#tion Theatre Premises + Staff Hydrothernpy Physiotherdpy Social and Crafts Group Covid 19 Adult Crafts TrainiDg Day Tiips Sensory Equipment Lending Library 1.919 (13.717) (125) (4.821} {1.237} (1,3E4) 1164,8571 (3.0991 14631 11,500) (4.264) 13,357) {674) {1,256) {11.798) (125) 9,591 {1,237) 11,314) 74,471 76 1462) 14.614 61,605 14,412 239,328 3,175 16,114 65.869 3,357 1,000 1,500 7.322 1,789 326 7,322 {1,789) 355.786 1202.473) 153,313 TOTAL FUNDS 642.713 1423.879) 218.834 12. RELATED PARTY DISCLOSURES Two of the Trustees aTe employed by the Foundation as Charity Manager and Deputy Charity Manager. Mrs N Barnes Charsty Manager received £34,451.30 (grossl and Mrs C Watson D¢puty Charity Manager received £28,982.83 {grossl. Specific perniission has been 8ranied by the Charity Commission for these trustee5 to be employed by the Cbanty. PaE¢ 16
Speelal Stars Foundation Detalled St*tement of Fimgnclal Aetlvlties for the Year Ended 31 March 2021 2021 2020 INCOME AND ENDOWMENTS Dfynatlons snd leEarle5 Donations 15.888 35,561 Other tradlng activltles Shop income 100,160 14,726 Bank Interest D¢posit a¢¢ount interest 14 Charitable ctivItieS Fundraising Events Grant5 12.126 129 276,116 53,361 9,150 125.471 288.371 187.982 Total Incoming resour¢es 404,430 238,283 EXPENDITURE Charitable aetivllles Room Hire Offic¢ Running Costs Stationery and Postage Computer, Office Equiptn¢nt & Solhvare Mark¢ting and Promotion Insurance Trips and Events Toys, Books & Sensory Equipment Refreshments Cost of Fundraising Staff Costs Staff Travel Repairs and Maintenance Subscriptions Training and Course Fees Bookkeeping 1,070 25,722 1,559 14,986 3,741 1.562 48.659 816 885 2,795 95,321 115 21,952 230 5.310 1,382 1.585 6.489 4,608 55 73,960 96,165 404 3.108 881 30 1,890 699 674 2,601 218,049 202,409 Support cost5 Flnanee Fixtures and fittings 559 This pag¢ do¢s not forni part of the stotutory finan¢iai statements Page L7
Speelal Star5 Foundation Detftlled St#iement of Financlal Actlvltles for the Year Ended 31 March 2021 2021 2020 FinarE¢e Goverthance c05t5 Ac¢ountancy 1,458 1,404 Total resources expended 220,066 203.813 Net Income 184,364 34.470 This pag¢ does not forni part of the StatOry financial statements Page 18