## **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**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**|
|---|---|---|---|---|
||Derrick Newsome|Chairman|||
||Elaine Allison|Secretary|||
||Andrea Hodgson||Jan 2022||
||Robert Poulson||||
||Katie Chappell||||
||Seb Grose||||
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## – 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**|||
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## **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