**Charity registration number: 1158390** ## **Sheffield City Knights Project** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **For the year ended 31 August 2025** ## **Sheffield City Knights Project** ## **Contents** ||**Page**| |---|---| |Legal and administrative information|1| |Trustees' annual report|2 - 4| |Independent examiner’s report|5| |Receipts and payments account|6| |Statement of assets and liabilities|7| |Notes to the accounts|8| ## **Sheffield City Knights Project** ## **Legal and administrative information For the year ended 31 August 2025** **Registered Charity Number** 1158390 ## **Trustees** Karen Thistlethwaite Resigned 5 December 2024 Sue Eastwood Jenny Cooke Resigned 1 July 2025 Steve Carter Laura Passo Appointed 1 July 2025 James Nobel Appointed 1 July 2025 Resigned 26 July 2025 ## **Key management** Christopher Higgins Project Manager **Principal Office** PO Box 6304 Sheffield S8 2PB ## **Accountants** Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH 1 ## **Sheffield City Knights Project** ## **Trustees’ annual report For the year ended 31 August 2025** The trustees of the charity submit their annual report and the financial statements for the year ended 31 August 2025. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the relevant version of the 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). ## **Charity History and Development** On 27 May 2012, Eddie Edwards suddenly passed away after dedicating his life to empowering and changing the lives of others. In recognition of his work he was presented with the Queen's award for volunteering. Following Eddie's death, Karen, Ali and Dave decided to keep the project going; and most importantly to carry on the message that is represented by the Sheffield City Knights project logo that ALL PEOPLE ARE EQUAL. Through love, compassion, value, friendship, understanding and absolute respect; people can be empowered to reach their true potential regardless of age, ability, socio economic circumstances, gender, faith, ethnic background and sexual orientation. The success of the charity is down to an absolute team effort, including support from members, where everyone has valued each other as individuals and the knowledge and skills they have had to offer to achieve the common good which is Sheffield City Knights Project. ## **Structure, governance and management** The Charity was incorporated on 29 August 2014 and its constitution governs it. Its legal status is that of a Charitable Incorporated Organisation (CIO) Charity number 1158390. Overall management of the Charity is the responsibility of the trustees who are elected and co-opted under the terms of its constitution. In December 2024 Karen Thistlethwaite stood down as a Trustee and was inaugurated as the President of the Charity in recognition of ten years of tireless commitment. Karen continues to support the project activity alongside with employees and volunteers. ## **Trustee recruitment** There must not be fewer than three Trustees and a maximum of twelve. The trustees at the first AGM must all retire from office; in the subsequent year one-third of the Trustees who have been longest in office must retire by rotation each year. Trustees may offer themselves for re-election up to a maximum of three consecutive terms. When considering potential trustees the charity takes into account the suitability of the trustee and the skills and knowledge they are able to bring to the role. 2 ## **Sheffield City Knights Project** **Trustees’ annual report - continued For the year ended 31 August 2025** ## **Charitable Objectives** The charitable objects of the charity are: - To promote for the benefit of the inhabitants living within Sheffield and its surrounding areas without distinction of sex, sexual orientation, race or of political, religious or other opinions, by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and other leisure time occupations with the objects of improving the conditions of life of the said inhabitants. - to establish or secure the establishment of a community centre and to maintain and manage the same(whether alone or in co-operation with any local authority or person or body) in furtherance of these objects. Sheffield City Knights is a person-centred organisation that puts members at the centre of all its activities with the aim of empowerment through facilitation, participation, independence, inclusion and freedom to choose. The Knights in the logo express the core values and represent seeing the person before the labels and the setting of no limits on our members and volunteers potential regardless of their ability. In making decisions and exercising powers or duties in connection with the above activities, the trustees have had regards, where relevant, to the guidance on public benefit issues by the Charity Commission. ## **Summary of main achievements during the year** During the year, SCKP was open for 4 days each week for 4 days each week (Monday – Thursday) with a two week break at Christmas and at the end of August. The cost of daily attendance was £40, with a donation of around £10 encouraged if using the minibus for transport to/from the club. The average weekly attendance was 38 over 4 days – some members attend multiple days per week. There are approximately 35 members in total. SCKP continue to be based at St Leonard’s Church, Arbourthorne. Project members enjoy the space. ## Social Activities Members continue to influence the format of each day at the project and can access a variety of activities which do not have to be structured to set times and days. Whilst there are various activities available, members have the opportunity to simply relax and socialise with other members as they wish. Throughout the day there is access to: - arts and crafts - table games - physical activities such as table tennis, badminton, bocce - films and activities of individuals choosing such as knitting. Off Site Activities More formally planned activities off site continued to take place such as: - Cinema trips - Theatre visits - Wildlife parks - Parks and other urban recreational spaces - Cycling - Bowling - Farm visits etc 3 ## **Sheffield City Knights Project** ## **Trustees’ annual report - continued For the year ended 31 August 2025** ## **Summary of main achievements during the year – continued** Ethel barge is now accessible for wheelchair users and barge trips continue to be a firm favourite. The charity owns a Vauxhall Movano and a Renault Expert and these are used to transport members to activities and day trips out and about. ## **Future activities** The charity consults with members regularly to plan future activities and will attempt to facilitate any activities or trips which the members decide they would like. ## **Reserves policy** The Trustees have considered their responsibility to adopt a detailed reserves policy. Having done this they considered that reserves should lay in a range between: - £3,250 being the liabilities due should the charity cease to offer daily sessions to project members. - £47,000 being 6 months estimated operating costs. Free cash reserves as at 31 August 2025 were £31,635, with a further £8,910 income due from clients, and identified liabilities of £3,192. The combined reserves of £37,353 fall within the stated range. Approved by the Board on 11 June 2026. Signed on its behalf by: Steve Carter Trustee 4 ## **Independent Examiner’s report to the trustees of Sheffield City Knights Project (“the CIO”)** I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 August 2025. ## **Responsibilities and basis of report** As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the CIO’s accounts carried out under section 145 of the Act. In carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sarah Lightfoot FCA DChA 12 June 2026 Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH 5 ## **Sheffield City Knights Project** ## **Receipts & payments account** ## **For the year ended 31 August 2025** |**Note**
**Receipts**
Client Income
Transport contributions
Donations and fundraising
Other income
Membership income
Bank interest
Student placement income
Asset sales
Proceeds on sale of minibus
**Total receipts**
**Payments**
Staff costs
4
Other staff costs including training
Rent
Food Purchases
Activity and excursion costs
Vehicle running costs
Equipment
Kitchen & cleaning
Printing, postage & stationery
Legal & Professional
Independent examination fees
5
Insurance
Computer and IT costs
Other costs
Trustee meeting expenses
Trustee expenses
Fines and interest
Refund of overpaid client income
Asset purchases
Minibus purchase
**Total payments**
**Net receipts/(payments) for the year**
Total funds brought forward
**Total funds carried forward**|**Total**
**2025**
**£**
80,722
4,180
544
-
160
15
5,096
90,717
-
**90,717**
45,226
67
13,876
17,993
3,063
6,703
36
-
37
102
720
661
233
146
-
706
-
8,100
97,669
-
**97,669**
**(6,952)**
38,587
**31,635**|**Total**
**2024**
**£**
70,200
5,110
972
960
-
-
-
77,242
1,000
**78,242**
39,838
-
15,165
14,151
2,960
10,183
249
6
121
1,895
2,658
702
239
179
85
-
1,620
-
90,051
8,250
**98,301**
**(20,059)**
58,646
**38,587**| |---|---|---| 6 **Sheffield City Knights Project** ## **Statement of assets and liabilities** ## **As at 31 August 2025** |**Cash assets**
Balances at bank
**Total**
**Assets retained for the Charity's own use**
Minibuses (at cost)
**Other monetary assets**
Client income due
Activity and excursion costs paid in advance
**Liabilities**
Client income received in advance
Independent examination fees
Staff costs (including HMRC and pension)
Other costs|**2025**
**£**
31,635
**31,635**
12,240
**12,240**
8,910
-
**8,910**
1,590
765
837
-
**3,192**|**2024**
**£**
38,587
**38,587**
12,240
**12,240**
7,260
478
**7,738**
8,376
720
837
786
**10,719**| |---|---|---| These Financial Statements are accepted by the Trustees on 11 June 2026. Signed on behalf of the Trustees by: Steve Carter Trustee 7 **Sheffield City Knights Project** ## **Notes to the financial statements** ## **For the period ended 31 August 2025** ## **1 Receipts & payments account** - Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context "cash" includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due. ## **2 Trustees remuneration, benefits and expenses** No trustee was paid remuneration for their role as a trustee. Two trustees were paid mileage expenses during the year of £647 in relation to volunteer activities with the charity (not for their trustee duties) (2024: £nil)., One trustee received reimbursed expenses of £58 in relation to personal cost incurred whilst sorting out charity records/paperwork/storage (2024: £nil). Trustee meeting expenses paid for (in relation to refreshments) totalled £85 (2024: £nil). ## **3 Related party transactions** S Thistlethwaite, son of trustee Karen Thistlethwaite was employed during the year was remunerated £7,323 (2025: £6,622). D Thistlethwaite, son of trustee Karen Thistlethwaite attended free sessions during the year in exchange for helping at the sessions. This arrangement is also in place for others who are able to help out. There were no other related party transactions, other than those detailed in note 2. ## **4 Staff Costs and numbers** |Salaries
Employer's NI contributions
Employer's allowance
Employer's pension contribution|**2025**
**£**
44,311
3,079
(3,079)
915
45,226|**2024**
**£**
38,923
2,770
(2,770)
915
39,838| |---|---|---| No employee received emoluments of more than £60,000 (2024: nil). The average number of employees during the year was 3 (2024: 2). ## **5 Independent examination fees** |Independent examination fees
for previous year
for earlier years|**2025**
**£**
720
-
720|**2024**
**£**
630
2,028
2,658| |---|---|---| 8