2022-03-31-accounts - Shap Community Enterprise

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Trustees’ Annual Report for the period

From 01 April 2021 Period start date To 31[st] March 2022 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 £19908 Beneficiaries include – Shap C of E Primary School St Michael’s Church Shap Court House Community Hub Shap Gardening Club Shap Memorial Hall Shap swimming pool 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
Andrea Hodgson		Jan 2022
Robert Poulson
Katie Chappell
Seb Grose

– 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

g Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	y	y

	Derrick Newsome	Alison Forman
	Chairman	Treasurer
	30/12/2022 30/12/2022
	30/12/2022

Shap Community April 2021- March 2022

Opening bank balance	£37,877.42 1st April 2021
Income
Shop Banked Income	£27,221.18 Includes funding from EDC of £2667.00 & Auctioneers credits £127
Lunch Club	£6,647.44
Nathans Waste Income	£537.60
Farmers Market	£155.00
Revival Books	£58.20
	£34,619.42
Expenditure
Expense	£11,902.11
Petty Cash	£645.05
Grants Paid out	£19,908.10
Total	£32,455.26
Current Bank Balance	£40,686.63 End of March 31/03/2022
Operating Budget	£3,000.00
Reserve Fund	£4,000.00
Reserved funding (3grants)	£0.00
Available forgrants	£33,686.63

	Shop Book Sales	Shop Banked Income	LunchCLub	Farmers Market	Revival Books	Nathans Waste	Petty cash	Grants	Expenditure
April	£864.08	£850.00	£160.00			£0.00	£16.39	£0.00	£781.06
May	£1,582.14	£4,275.00	£380.00			£39.30	£37.45	£0.00	£995.36
June	£1,938.46	£2,339.00	£480.00			£56.25	£80.11	£1,105.00	£889.40
July	£2,387.54	£1,961.00	£558.00	£155.00		£40.85	£56.96	£5,766.00	£884.03
August	£2,115.94	£2,866.06	£689.44		£14.00	£17.80	£50.71	£0.00	£689.21
September	£2,365.51	£2,113.31	£486.00			£30.55	£53.33	£1,046.16	£644.29
October	£2,309.91	£2,374.47	£618.00			£24.75	£51.33	£850.94	£921.34
November	£1,905.88	£2,603.80	£825.00		£44.20	£52.55	£87.72	£0.00	£1,554.02
December	£1,540.77	£1,625.00	£450.00		£0.00	£67.85	£10.24	£0.00	£1,349.27
January	£1,912.41	£1,921.00	£615.00			£20.90	£23.30	£0.00	£949.56
February	£1,936.56	£1,967.00	£700.00			£29.00	£116.92	£10,000.00	£1,400.92
March	£2,508.44	£2,325.54	£686.00			£157.80	£60.59	£1,140.00	£843.65
Totals	£23,367.64 £27,221.18 £6,647.44 £155.00 £58.20 £537.60 £645.05 £19,908.10 £11,902.11

Professor lan J Mccolm Heather 8rae Shap Cumbria CAIO 3PH J have examined the recoTd5. accounts, receipts, and inromcjexpcnditure for the period 2021- 2022 as presenied by Shap Community Enterprise. As usual thc task is madc casy by th¢ carefully kept and well-presenied records through which paper Irails are easy to follow for each weck of the year. Thc new forn)& uf th¥ munthly balance sheets is extremely gwd and ple&sure to use. All income and expenditure is easy to se¢ and so random paper trails through receipts and work sheets are Y to do. I have done a number of paper trails for weeks sclecled at random and on no occ&sion have I found discrepancies. Overall the accounts summary shows a strong position with subslantial grant pay-outs Io sCVCrnt local activitie5 fdDging from the School 10 Church and Youth organisations via Bowling club. Gardcntng club, Swimming Club Sh¢licrcd Housing COTnplex. The villagc also benefi from a regular renl paid to the Memorial Hall commiltee lo run the luncheon club on Mondays. An operdting profit of £24.717 has enabled totsl grdnts of £19,908 10 be paid during the year and £4.000 be added io the reserves. The increased year end current accouni balance (£40,686) reflects the recovery in aclivili¢s after Covid. A full collcrtion of invoirxs was availablc and chcckoj against th¢ Bank Stalcincnls. Dilig¢nt recording ofall receipls and for Y c&sh transactions madc checking all ouilays possiblc. Ovcrnll ihc accounts are cxccllcnily kcpt and thcy are a correct rccord of the business state ofthc cnierprise. -l-hcy Llearly show a wcll-run, well SUPFK)rtcd charily cnlerprise. As M re5uII of thc examination I find the accounls to bc a true and c()rrect record ofihe financi41 posilion of Shap Communily Enlerprise over the period covered. Prof. lan J Mccolm Bsc DSC. DPhil. FRSC. FIMMM. CEng. I l November 2022