2021-03-31-accounts - Shap Community Enterprise

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Trustees’ Annual Report for the period

From 01 April 2020 Period start date To 31[st] March 2021 Period end date

Charity name: Shap Community Enterprise

Charity registration number: 1160193

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance charitable purposes in the civil Parishes of Shap & Shap rural as the trustees see fit, through the provision of grants and other assistance.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	We continue to run the charity shop in the centre of Shap and our regular weekly lunch service which attracts local residents for lunch and socialising.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have due regard to the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Grant making policy remains the same as we submitted our application for registration as a charity in 2015
Policy on social investment including program related investment	Para 1.38	n/a
Contribution made by volunteers	Para 1.38	The charity operates with approx. 42 volunteers – most of whom are over retirement age, they also benefit from social contact a sense of purpose and pride in the organisation.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During this financial year of operation grants have been made to the total of £5863 Beneficiaries include – Shap C of E Primary School St Michael’s Church Shap Court House Community Hub Shap Gardening Club We intend to continue to respond to applications for funding from local organisations as appropriate.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	n/a
Performance of fundraising activities against objectives set	Para 1.41	n/a
Investment performance against objectives	Para 1.41	n/a
Other		n/a

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is in a strong financial position at the end of the period
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	n/a
Amount of reserves held	Para 1.22	Nil
Reasons for holding zero reserves	Para 1.22	n/a
Details of fund materially in deficit	Para 1.24	n/a
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	none

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Our income is from the charity shop and Monday lunch club
Investment policy and objectives including any social investment policy adopted	Para 1.46	n/a
A description of the principal risks facing the charity	Para 1.46	n/a
Other		n/a

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed memorandum and articles of association etc.
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	C I O
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed by invitation following discussion by the existing trustees.

Additional information (optional) You may choose to include further statements where relevant about:


Policies and procedures adopted for the induction and training of trustees	Para 1.51	n/a
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	N/a
Relationship with any related parties	Para 1.51	n/a
Other		n/a

Reference and Administrative details

Charity name	Shap Community Enterprise
Other name the charity uses	n/a
Registered charity number	1160193
Charity’s principal address	Second Chance Charity Shop Verdun House, Main Street, Shap CA10 3NG

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Derrick Newsome	Chairman
Elaine Allison	Secretary
John Baird
Robert Poulson
Katie Chappell
Seb Grose		Feb 2020 to date

– Corporate trustees names of the directors at the date the report was approved

Director name n/a

Name of trustees holding title to property belonging to the charity

Trustee name	Dates acted if not for whole year
n/a

Funds held as custodian trustees on behalf of others

Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
n/a



Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

n/a

Other optional information

n/a

Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s) Alison Forman Full name(s) Position (eg Secretsry, Chair, etc) Derrick Newsome Chairman Treasurer Date 2211112021 2211112021

CHARITY COMMISSION FOR ENGLAND AND WALES Iiy Shap Communlty Errterprise Receipts and payments accounts CC16a For the perfod from To 01.04.2020 31.03.2021 Section A Receipts and payments Unrestrficted funds Restricted funds Endowment funds Totsl funds Last year to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ A1 Recel ts Charity Shop Sales Lunch Club & Pop Up shop Other Income Grants 4,082 6,755 196 19,669 4,082 6.755 196 19,669 Sub total (Gross income for AR) 30.702 30,702 A2 Asset and Investment sales, (see table). Sub total 30,702 30,702 A3 Payments Grants Awarded Petty Cash Expenditure (renuelectric etc) 5,863 95 9.914 5,863 9,914 Sub total 15,872 15,872 A4 Asset and investment purchases. (see table) Sub totsl 15,872 15,872 Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end 14.83 14,83 14,83 14,830 CCXX R1 accounts (SS) 2211112021

Section B Statement of as-sets and liabilities at the end of the period Unrestrlcted funds to nearEst £ Restrlcted funds to neaTPSt £ Endowment funds to nearest £ Categorles Details B1 Cash funds Bank Balare at end of 31 st Matt* 2021. 37,877 Total cash funds 37,877 c<xxrt(s)) Unrestricted funds to nearest £ Restrlcted funds to nearest £ Endowment funds to nearest £ Details Fund to whlch asset belon Cost (optlonal) Currentvalue tlonal Details B3 Investment assets Fund to whlch asset belon Current value onal Details Cost (optlonal) B4 Assets retained for the charity's own use Fund to whlch relates Amount due tlonal When due tional Details B5 Liabilities Signed by one or two trustees on behalf of all the trustees Signature Print Name Date of roval Derrick Newsome 22.11.2021 Alison Fomian 22.11.2021 CCXX R2 accounts (SS) 22111r2021

Professor lan J Mccolm Heather Brae Shap Cumbria CAIO 3PH I have examined another set of books, accounts, receipts, and income/expenditure for the period 2020 - 2021 as presented by Shap Community Enterprise. As usual the task is made easy by the carefully kept and well-presented records through which paper trails are easy to follow for each week of the year. Both activities, the charity shop/pop-up shop and Monday lunches, have naturally suffered interruption during 2020 and so the task was even easier than normal. I have done a number of paper trails for weeks selected at random and on no occasion have I found discrepancies. Overall the accounts summary shows a strong position with substantial grant pay-outs to several local activities ranging from the School to Church and Youth organisations. An operating profit of £20,477 has enabled total grants of £5,864 to be paid during the year and a small sum to be added to the reserves whilst holding monies for agreed grants the work for which has been interrupted. The increased year end bank balance (£37,877) reflects an income stream from Grants for rate relief and Rent Holiday made possible by the Government support during the Covid crisis and it is good to see the efficient and effective way these sources were tapped into by the Enterprise. This compensated for the severe drop in operating receipts as the income generating activities were only able to operate for less than half a year. Many groups and societies in Shap and surrounding area are benefitting from this well run enterprise as the landmark of £IOO,000 in grants made during its existence was passed in the year under review, testifies to. A full collection of invoices was available and checked against the Bank Statements. Diligent recording of all receipts and for petty cash transactions made checking all outlays possible. Overall the accounts are excellently kept and they are a correct record of the business state of the enterprise. They clearly show a well-run, well supported charity enterprise. As a result of the examination I find the accounts to be a true and correct record of the financial position of Shap Community Enterprise over the period covered. Prof. Ian J Mccolm Bsc DSC. DPhil. FRSC. FIMMM. CEng. 12 October 2021