REGISTERED CHARITY NUMBER: 1156237 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for Special Stars Foundation Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ
SpKi•l Stsrs Foundatio Cottlets of the FiD&Bcial Staternents for the Year Ended 31 March 2022 P•£e Report of the Trustees Independent Examin¢r's Report Stt¢meDI of Financial A¢¢iviti¢5 BAlrt¢t She¢¢ Notes to the Finaneiil Stteme•ts De¢iled S¢ttm¢n¢ of FinDcial Af tiviti 14 to IS
Speeial Stars Foundation Report of the Trustees foT the Year End¢d 31 March 2022 The trustees present iheir report with the financial statements of the Charity for the year ended 31 March 2022. The trustee5 have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ¢hwiti¢s preparsng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 2019}. OBJECTIVES AND ACTIVITIES Objective$ and activities Special Stars Foundation provide5 a diverse and vibrant range of inelusive opportunities for people wilh learning and physical disabiliiies who cannot a¢¢e5s mainstream a¢tiviti¢s. We aim to reduce social isolation, provide meaningfijl experiences. build confidence and develop new skills. We also offer a variety of learning opportunities, advice and support services for paieni carers. We have a large sensory room. which is fully wheelchair accessible with the provision of a mobile hoist, ensuring it is 5Ultable for all ages and abilities. This fantastic faeiliry is open to all residents across the Hull and East Yorkshire r¢gion. In addition, we have recently developed a specialist shop which stocks sensory toys, Communication aids, learning resources and 5pecialÈst equipTnent. The shop w35 designed with disabled people in mind but is also open to the general public. The main aim of our shop is to provide disabled people with easy acces5 to good quality specialist products at affordable prices. The small profit made in our Shop goes back into our charity to 5UPPOrt the continuation of our inclusive activities and support services. Main objectives for the following year In shaping our objectives for th¢ following year and platjning our actlVLties, the Tnjstees have considered the Charity Commission's guidance on Public Benefit. Th¢ main obj¢¢tives for 2022r23 are.. To continue to offer a wide and diverse Tange of inclusive, accessible and 5ubsidi$ed r¢¢reational and creative leaming opportunities for disabled people and their families across Hull and East Yorkshire. To continu¢ to offer a variety of trainino support and advice provisions for parent carers in the region. with the overdll aim of improving the quality of life of people affected by disability. To continue the provision of our Sensory Room for the public benefit of Hull and East Riding re5ident5. To continue to develop and expand our specialist shop, ensuring high-quality, disability-specific products are affordable and readily available. Public benefit Special Stars Foundation objectives are to relieve the needs of ¢hildr¢n and adults with additional n¢eds and their familie5 throughout the Hull and East Yorkshire region by providing. and assisting in the provision of, in¢lusive T¢cr¢ational activitie5 and by providing support. training and practical advice for parent carers. Page I
Special Stars Foundation Report of the Truste¢5 for the Ye8r Ellded 31 March 2022 ACHIEVEMENT AND PERFORMANCE Review of Activitie5 The Special Stars Foundation Board of TTus¢ees is satisfied that in the fitwicial year of 2021122.. - Our work reflected our aims - Our re5ou¢S were well managed During the financial year ending March 2022. we have provided the following activities.. For disabled Children: Access to a free specialist equipment and sensory toy lending library 14 Hydrotherapy Swimming Sessions - 3 Trips to i)ensholme Community Care Farn) 7 'Sounding Special, Interactive Music Sessions 6 Inclusive Dance Workshops 3 Cr¢ative Craft Wgrkshop5 6 Inclusive Cooking Workshops I Pumpkin Carving Workshop 6 Inclusive BowliTL8 Sessions 4 Inclusive Science Workshops 4 Interactive Llama Encounters 12 Home-school So¢ial Grollp5 - 6 Summer Youth Clubs - 4 Lego Club Workshops l Trip to Hull Truck Theatre {Inclusive Christmas Production) l Trip to Hull New Theatre (Inclusive Christmas Pantomhme) l Trip to Alton Towers For di$4bled adlllts: 5 'Sounding Special, Interactive Musi¢ Sessions 27 Creative Craft Workshops 3 Zoom Crafting Workshops 12 Inclusive Pottery Workshops 2 Inclusiv¢ Bowling Session5 I Inclusive Cooking Workshop 4 Interactive Llama Encounters 2 Inclusive Science Workshops I Pumpkin Carving Workshop For parent earer$: Expansion of our online shop providing heavily discounted sensory items and specialist disability-related products Provision of a daily l-l Advice S¢rvice (via t¢l¢phon¢, email, Social media and in person) - 2 Virtual Carers Support Groups 4 E-learning Induction5 l First Aid Training Course - 4 Makaton Workshops - 4 Aitn Higher Support Groups 3 CISS Support Groups 7 1.. I CISS Support and Advi¢e Sessions l Legal Seminar 2 Fostering Drop-ins I FASD Support Group 7 Parent Carer Craft Workshops 2 Inclusive Family Portrait Sessions Page 2
Speeial Stars Foundation Report of the Trustees for the Year Ended 31 Mareh 2022 FINANCIAL REVIEW Reserves policy It is the aim of the TnJ5tee5 tg reta2n Six months running costs (£60,000) in the unrestritted general fund to ensure a significant buffer to enable effecttve fJnan¢ial deci5ion-rnakin& rdther than short term dectsion5 and the Charity will work towards achieving this. Principle Funding Sources See note 7 of the notes to the accounts for a detailed explanation of the Charity's restricted nds. FUTURE PLANS Pleo5¢ see main objectives for the following year. STRUCTURE, GOVERNANCE AND MANAGEMENT Statement of disc105Mre of inform8tlOD to Independent Examiner We, the Trustees of the Charity who held office at the date of approval of these financial statements, each ¢onfiTm so far as we are aware that.. - There is no relevant inforniation of which the Charity's IndependeDt Examin¢r is unaware., and We have taken all the steps we ought lo as Trustees to make ourselves aware of any relevant inforn)ation and establish that the Charity Independent Examiners are aware of that infomiation. Trustee Deel#ratlon The Trust¢¢s deelare that they have approved the TnleeS Annual Report. Signed on beh741f of the Charitys Trust¢es REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1156237 Principal address Unit F24, 3rd Floor Prinees Quay Hull East Yorkshire HU12PQ Trustees N Barnes C Watson (resigned 15.5.22) D Eade {r¢signed I1.4.22) J Eade (resigned 2.5.22) E Siubbins (resigned 26.7.22) S GTeene K Mouatt (appointed 17.8.22) O Collier (appoinied 26.7.22) J Barker {appointed 26.9.22} K Clark (appointed 29.9.22) Page 3
Sp¢ril Stsrs Found¥¢iDn Report of tbe Trnstees for the Year Endtd 31 Mlrcb 2022 REFERENCE AND ADMINISTRATIVE DETAILS Independen¢ Ex&miner Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Approved by order of the board of $t¢e5 on ....... ....... .. ...... . . . . and signed on its behalf by.. 21.11.22 N Barnes. Truse Phge 4
Independent Examiner's Report to the Trlls¢ees of Special Stars Foundation Independent ¢xamlD¢r's report to the trustees of Spetial Stsrs Foundation l Teport to the charity Inte¢S on my examination of th¢ accounts of Special Stars Foundation (the Trust) for the year ended 31 March 2022. R¢5ponsibilities and basis of report As the charity trUStee5 of the Trust you are responsible for ¢he PrepatIOn of the accounts in accordance with the requirements of the Charitie5 Aci 2011 (Ihe ACVI. report in respect of my examination of the Trust's ac¢ow)ts carried out under Section 145 of the Act and in caryying Oul tny examination I have followed all applicable Directions given by the Charity Commission under Section 145{5Xb) of th¢ Ac¢. Indep¢Dd¢nt ¢xamlner'$ statemtrtt SiD¢e your charity's gross in¢om¢ ¢x¢¢ed¢d £250,000 your ¢xamin¢r musi be a member of 2 listed body. l ¢an conftrnl that l am qualified to undertake the examination be¢ause l am a registered membeT of ICAEW which 15 one of the list¢d bodies. I have completed my examination. I confirni that no material tnatters have ¢ome to my att¢ntion in ¢onn¢¢tion with the examination giving me cause to believe that in any material respect.. accounting records were rtot kept in respect of the Trust as required by Section 130 of the Act: or the accounts do not ac¢ord with those records. or the accounts do not ¢omply with the applicable r¢quir¢ments ¢on¢¢rniDg th¢ forni and content of awgunt5 S¢t out in The Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a tre and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come acros5 no other Tnatters in connection with the examination to which attention should be drawn in thi5 report in order to enable a proper understanding of the account5 to be reached. Richard D Lacey ICAEW Harris Lacey and Swain Suit¢ I The Riverside Building Hessle East Yorkshire HU13 ODZ Date.. Page S
Special Stars Foundation St&tement of Financi41 A¢iivities for the Year Ended 31 M#reb 2022 2022 Total funds 2021 Total funds Unrestricted fund Restricted fvnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8,623 5,849 14,474 15,888 Charitable activities Charttable 46,457 191,217 237,674 288,371 Oth¢T trading activiti¢s Bank Interest 59,386 59.386 100.160 Total 114,473 197.066 351.539 404.430 EXPENDITURE ON Charitable aetivities Charitable 45,749 186,881 232.630 220.066 NET INCOME 68.724 10.185 78,909 184.364 RECONCILIATION OF FUNDS Total funds brought forward 76.307 198,057 274,364 90,000 TOTAL FUNDS CARRIED FORWARD 145.031 208,242 353,273 274,364 The notes forni part of ih¢se financial ststernents Page 6
Speeial Stars Foundation BalaTrce Sheet 31 March 2022 2022 Total funds 2021 Total funds Unr¢5trict¢d fund Restricted fvnds Notes FIXED ASSETS Tangible assets 17.579 2,236 19,815 2,236 CURRENT ASSETS Stocks Debtors Cash ac bank and in hand 10 12.954 9.238 105,730 12,954 9.238 311,743 167 273.982 206,007 127.928 206,007 333,935 274.149 CREDITORS Amount5 falling due within one year 12 (477) (477> (2.021) NET CURRENT ASSETS 127,451 206,007 333.458 272,128 TOTAL ASSETS LE&S CURRENT LIABILITIES 145,030 208.243 353.273 274,364 NET ASSETS 145,030 208.243 353.273 274,364 FUNDS Unre5tritted ndS Restricted fijnds 13 145.030 208.243 76,307 198,057 TOTAL FUNDS 353.273 274,364 The financial statements were approved by the Board of Trustees and authorised for issue on 21.11.22 and were signed on its behalf by.. N Barnes. Trustee The notes fomi part of these financial statements Page 7
Spetial Stars Foundation Notes to the Fillanclal Statements for the Year Ended 31 March 2022 ACCOUNTING POLICIES BAsi5 of preparing the finaneial statements The financial statetnents of the charity, which is a public benefit entity under FRS 102. have been prepared in ac¢ordan¢e with the Charitles SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Pr3¢ti¢e appli¢abl¢ to ¢haTlties preparing theiT accounts in a¢¢ordan¢¢ with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republie of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income Income received for services provided 15 accounted for on an accruals basi5. Cash donations, gifts and legacies are included in fjjll in the income and expendiiure account as they are received. Any significant non-cash donations are included ip the in¢tsme and ¢xp¢nditUTe a¢toun¢ 81 the trustees, estimate of their rnaTket value when received. The value of voluntary help is not included in the a¢couTht5. Grants and other fundinè of a revenue nature are defeffed and released to the income and expenditure account over the period to which they relat¢. Bank inierest is included in the income and expenditure account on an accruals basis. Expenditure Liabiliries are recognised as expenditure as soon as ther¢ is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefiis will be required in settlement and the a]nount of the obligation can be measured reliably. Expenditure is accounied for on an accruals basis and has been classified under heading5 that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activitie5 on a ba5LS consistent with the use of resources. Tangible fixed 855ets Depreciation is provided at the following annual rates in order to write off each asset over its esiitnated useful life. Itnprovem¢nts to propeTty FixtUTe5 and fittings Motor vehicles 2/0 on cosi 2/0 on co51 200/0 on reducing balance Stocks Siocks are valued at the lower of cost and net Tealisable value. after making due allowance for obsolete and slow moving it¢ms. Taxation The charity is exelnpt from tsx on its charitable activities. The charity registered for VAT in March 2021. the only costs subject to VAT are any costs relatin8 to shop activities and events. Fund accounting UnT¢5tricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted fun(ts can only be used for particular restricted purposes within the objects of the charity. Restriction5 8ris¢ when specified by the donor or when ftll)ds are raised for panicular restricted puwses. Funher explanation of the nature and purpos¢ of each fund is included sn the notes to the fmancial statements. Page 8 continued...
Special Stars Foundation r4ote5 to th£ Finaneial St4iement5- £ODIiDued for the Year Ended 31 Mareh 2022 ACCOUNTING POLICIES- continued Finaneial instruments and estimates and judgements The charity only has fancial assets and financial liabilities of a kind that qualify as basic finan¢ial instruments. Basic financial instruments, including trade and other debiors and creditors are initially recognised at tTan5action valu¢ and subsequently tneasure at their settlement value. Estlm4te$ Judgements Estimates and judgements are continually evaluaied and are based on histori¢al experiett¢e and other f2¢tors, including expectstions of fvture evenis that are believed to be reasonable under the circumstanc¢5. Although these estimates are based on the Trustees, best knowledge of the amount. eyents or aciions. a¢wal results ultimately differ from these estimates. The Trustees do not consider there to be any material estimates and judgements. DONATIONS AND LEGACIES 2022 2021 Donation5 14,474 15,888 OTHER TRADINC AcfIviTIES 2022 2021 Shop income 59,386 100.160 BANK INTEREST 2022 2021 Deposit account interest INCOME FROM CHARITABLE ACTIVITIES 2022 2021 Activity Charitable Charitable Charitable Fundraising Events Grants 25.669 3,287 208,718 12,126 129 276,116 237,674 288,371 Grants received above £1,500, are as followg.. 2022 2021 2,000 9.523 8,650 Albert Hunt Trust Anna Maria Trust Ans Council B&Q Bailey Thomas Fund Co-op LCF D'oyly Carte Edward Gostling Foundation Employment Allowance ESC Lottery Fund Happy Days 8.872 4,500 4,000 2,132 2,000 10,000 4,000 6.235 2,190 Page 9 ntinued...
Special Stars Foundation Nol¢$ to the Financial Staternent5- Colltinued for the Year Ettdtd 31 March 2022 IP4COME FROM CHARITABLE ACTIVITIES- continued Hedley Foundation Help for Health HMRC JRS Grants Hull City Council Percy Bilton Princes Charities Sir James Reckitt Trust SI1a Adams Stadiuln Charstable Trust The Morrison Foundation The National Lottery Community Fund Trust The Toy Trust 2.(H)O 5,712 11,526 27.656 10,000 2.385 4,959 3,000 6,000 2.000 4,415 162,001 5,000 157,448 201,248 266,956 TRUSTEES, REMUNERATION AND BENEFITS There were no trnstees, remuneration or rfher benefrts for the year ended 31 March 2022 nor for the year ended 31 Mareh2021. Trustees, expenses There were no trustees. ¢xpens¢s paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. STAFF COSTS 2022 86,325 5,792 1,802 2021 83,279 8,858 4,028 Gross Wages Employers Nl Employers Pension 93,919 96,165 The average monthly nwnber of ¢mploye¢s during the year was as follows.. 2022 2021 10 Staff No employees received emoluments in excess of £60,000. Page 10 continued...
Special Stars Foundation Notes to the Financial Staternents continued for the Year Ended 31 March 2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund R¢stri¢t¢d funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 11.490 4.398 15,888 Charitsble activities Charitable 54,796 233.575 288.37 5 Other trading a¢tivilies Bank Interest 100,160 100,160 Total 166,457 237,973 404,430 EXPENDITURE ON Charitable actlvitles Charitable 114,134 105.932 220.066 NET INCOME 52,323 132.041 184.364 RECONCILIATION OF FUNDS Total fvnd5 brought forward 23,985 66,015 90,000 TOTAL FUNDS CARRIED FORWARD 76,308 198.056 274.364 TANGIBLE FIXED ASSETS Improvements Fixtures and fittings Motor v¢hicl¢s property Totals COST At l April 2021 Additions 2,795 7,260 2,795 22.672 5.452 9,960 At 3 l March 2022 5,452 10,055 9.960 25,467 DEPRECIATION At l April 2021 Charge for year 559 2,011 559 5,093 1,090 1,992 At 31 Mah 2022 1,090 2,570 1.992 5,652 NET BOOK VALUE At 31 March 2022 4.362 7,485 7,968 19.815 At 31 March 2021 2,236 2,236 Pagell continued...
Speeial Stars FONdtion Notes to the Financial Statements- continued for the Year Ended 31 Marcb 2022 io. STOCKS 2022 2021 Stocks 12,954 DEBTORS- Ai¥fOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade debtors Other debtors VAT prepalents 71 96 3,922 1.721 3.595 9,238 167 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trade creditors Taxation and social security 63 414 1,839 182 477 2.021 13. MOVEMENT IN FUNDS Net Movement in Funds At 1.4.21 At 31.3.22 Unrestricted Funds General Fund 76,307 68,723 145,030 Restricted Funds Sensory Equipmeni COVID 19 Premises and Staff Inclusive Activities 7,322 61,605 96,494 32,636 192 7,514 61,605 91.403 47.721 {5,0911 15,085 198.057 10,186 208.243 TOTAL FUNDS 274,364 78,909 353,273 Net rnovem¢nt in fimds, included in the above are as follows.. Incoming resources Resources expend¢d MOVeent in fvnds UrtrICted Fmnds General Fund 114,472 (45,7491 68,723 Page 12 continued...
Special Stsrs Foundation Note5 to the Financial St&tements - ¢ontinued for the Year Ended 31 March 2022 ij. MOVEMENT IN FUNDS- continued Restricted Funds Sensory Equipment Premises and Staff Inclusive Attivities 3,514 168,973 24.580 (3,322) (174,064) (9.495) 192 (5,091) 15.085 197,067 1186,881) 10,186 TOTAL FUNDS 311,539 (232,630) 78,909 14. RELATED PARTY DISCLOSURES One of the Trustees is employed by the Foundation as Charity Manager. Mrs N Barnes Chariry Manager received £35,072.83 {gross} within the year. Specific pem)ission has be¢n granted by th¢ Charity C(Trmmission for this trustee to be employed by the Charity. Page 13
Special Stars Foundation Detailed Staternent of Financial A¢tivliie$ for tbe Year Ended 31 Mareh 2022 2022 2021 INCOME AND ENDOWMENTS Donations and legaeies Donation5 14.474 15,888 Other trading attivities Shop income 59.386 100.160 BaDk Interest Deposit account interest CharitAble Activitie$ Fundraising Events Grants 25.669 3,287 208.718 12,126 129 276,116 237.674 288.371 Total incoming resources 311.539 404,430 EXPENDITURE Charitfible activities Office Running Costs Stationery and Postage Computer, Offjce Equipment & Software Marketing and Promotion Insurance Trips and Events Toys, Books & Sensory Equipment Refreshments Cost of Fundraising Staff Costs Staff Travel Repairs and Maintenance Subscriptions Trnining and Course Fees Bookkeeping V¢hicle expenses Input tax pre reg 31,124 542 6,721 2.163 1.576 18,314 9,701 296 44.387 93,919 643 13.085 1.293 881 1,671 980 14,735} 21,952 230 5,310 1.382 1,585 6,489 4,608 55 73.960 96,165 404 3,108 881 30 1,890 222,561 218,049 Support costs Finance Improvements to Property Carried forward 1,090 1,090 This p4ge does not form part of the statutory financial staÉements Page 14
Special Stars Foundation Detailed Statement of Financi81 A¢tivitie5 for the Year Ended 31 Marcll 2022 2022 2021 Finance Broughi forward Fixtures and fittings Motor vehicles 1.090 2,011 1,992 559 5,093 559 Governanee eosts Accountancy Legal fees Consultancy 2,677 83 2,216 1,458 4,976 1,458 Total resources expended 232,630 220,066 Net incornt 78,909 184,364 This page does not fom part of the statutory fmancial ststements Page 15