## **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||||
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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**|||
||||
||||
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|**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)**||||
|||||
|**Date**21/11/2024|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