Trustees’ Annual Report for the period
From 01 April 2023 Period start date To 31[st] March 2024 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. 40 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. |
During this financial year of operation grants have been made to the total of £27,355 Beneficiaries include – Shap C of E Primary School St Michael’s Church Shap Playgroup Shap swimming pool Shap Football Club Wasdale Residents Skateboard Park Shap Band 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 | ||||
| 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
| Signature(s) | Signature(s) | ||
|---|---|---|---|
| * | Beryl | ||
| Full name(s) | Full name(s) Derrick Newsome |
Alison Forman | |
| Position (eg Secretary, | Chairman | Treasurer | |
| Chair, etc) | |||
| Date21/11/2024 | 21/11/2024 | 21/11/2024 |
Shap Community April 2023- March 2024
| Opening Current bank balance 01.04.2023 | £37,736.61 |
|---|---|
| Closing Current Acc Balance 31.03.2024 | £13,978.20 |
| Income | |
| Shop Banked Income | £32,121.66 |
| Lunch Club | £10,040.44 |
| Nathans Waste Income | £266.20 |
| Other Income from Recycling | £2,873.87 |
| £45,302.17 | |
| Expenditure | |
| Expense | £16,704.60 |
| Petty Cash | £1,637.08 |
| Grants Paid out | £27,355.98 |
| Total | £45,697.66 |
| Transfer of Money to Savings account | £25,000.00 |
| Current Bank Balance | £13,978.20 |
| Current Savings Bank Bal 31.03.24 | £25,370.56 |
| Operating Budget | £3,000.00 |
| Reserve Fund | £4,000.00 |
| Reserved funding (3grants) | £5,400.00 |
| Available forgrants | £26,948.76 |
| Shop Book Sales | Shop Banked Income |
LunchCLub | Switch of Banks | Other Income | Nathans Waste |
Petty cash | Grants | Expenditure | |
|---|---|---|---|---|---|---|---|---|---|
| April | £2,482.47 | £2,879.15 | £1,123.85 | £4.52 | £42.25 | £124.99 | £0.00 | £1,780.70 | |
| May | £2,493.79 | £2,695.90 | £865.20 | £568.66 | £34.40 | £76.82 | £3,299.98 | £2,307.01 | |
| June | £2,463.38 | £2,573.20 | £764.80 | £362.26 | £37.25 | £15.01 | £0.00 | £1,053.84 | |
| July (Barclays) | £2,907.60 | £0.00 | £0.00 | £15.05 | £94.18 | £0.00 | £721.56 | ||
| July (Natwest) | £0.00 | £2,765.01 | £1,140.99 | £0.00 | £0.00 | £0.00 | £0.00 | £352.02 | |
| August(Barclays) | £0.00 | £0.00 | £0.00 | -£40,052.61 | £0.00 | £0.00 | £0.00 | £0.00 | £487.40 |
| August(Natwest) | £2,664.66 | £3,585.35 | £847.65 | £40,052.61 | £79.15 | £28.15 | £20.45 | £5,000.00 | £903.15 |
| September | £3,045.12 | £2,581.95 | £749.05 | £9.21 | £34.35 | £50.90 | £1,900.00 | £1,394.39 | |
| October | £2,432.32 | £1,775.70 | £586.30 | £226.07 | £23.00 | £24.67 | £1,752.00 | £1,390.64 | |
| November | £2,704.23 | £3,985.30 | £1,263.70 | £108.42 | £32.15 | £13.75 | £0.00 | £994.28 | |
| December | £1,923.53 | £1,260.20 | £510.80 | £248.77 | £19.60 | £10.15 | £4,500.00 | £1,223.02 | |
| January | £2,135.35 | £1,910.15 | £400.85 | £147.05 | £0.00 | £34.55 | £1,200.00 | £1,717.05 | |
| February | £2,694.27 | £3,745.60 | £973.40 | £76.18 | £0.00 | £1,102.30 | £8,324.00 | £1,236.67 | |
| March | £2,912.55 | £2,364.15 | £813.85 | £1,043.58 | £0.00 | £69.31 | £1,380.00 | £1,142.87 | |
| Totals | £30,859.27 £32,121.66 £10,040.44 £0.00 £2,873.87 £266.20 £1,637.08 £27,355.98 £16,704.60 |
Heather Brae
Shap
Cumbria
CA10 3PH
The well-kept daily/weekly record sheets and the paper evidence supporting them show that Shap Community Enterprise continues to be a well-established and competently run organisation.
Most of the £45,302 income comes from two sources: a Charity Shop and a Monday Lunch Café operated by a squad of trained volunteers. To generate the income expenses of £16,705 were incurred.
Shap School (£3,627); Shap Pre-School (3,424); The Parish Council for a new skateboard park (£5,000); the Swimming Pool (£2,500); Wasdale Sheltered Housing (£2,030) a new Arts based project (£1,425) and Shap Football Club (£9,486).
The out comes from these grants are seen daily by local inhabitants and the weekly rent for use of the The Memorial Hall is a significant contribution to the upkeep of the Village Hall.
Prudent modest additions were made to reserve and current accounts to maintain healthy balances.
During the year a change of Bankers occurred which was dealt with smoothly and caused no problems with the paper trails I undertook. From the trails it is clear that overall the accounts are excellently kept and they are a correct record of the business state of the enterprise and 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.
Professor Ian J McColm BSc DPhil. DSc. CEng. FRSC. FIMMM
1[st] November 2024