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2025-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2024 Period start date to 31[st] March 2025 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
parish of Shap and 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 2ndChance Charity
Shop in the village of Shap which raises the
funds for grant making. Since starting we
have now given out grants totalling over
£200,000. The weekly lunch service ceased
in December 2024.
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 in our application for
registration as a charity in 2015 with the
update that we removed the upper limit of
£5,000.
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, who have a wide age range.
They also benefit from social contact and 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 awarded to the total of
£32,141.20 an increase on last year of
approx. £5,000.
Beneficiaries were: -
Shap Bowling Club, Shap Swimming pool,
Shap School Governors, Shap Memorial
Hall, Friends of Shap School, Shap
Allotment association, Shap Community
Band, Wasdale Residents Association, Shap
CDC, Shap Football Club.
Benefits the above to achieve services and
equipment and allows them to achieve
match funding from other sources.
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
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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 continues to be in a strong
financial position at the end of the period
even though the lunch serviced ceased,
creating a fall of £10,000 in income. This
was made good by extending the shop
trading hours. We finished the year just
£1,000 down on last year’s total but we are
on course to increase income next year.
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 where relevant about:
Additional information (optional)
You may choose to include further statements where relevant about:
Additional information (optional)
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The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 Our income comes from the charity shop
and the Monday Lunch Club (up until
December)
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 CIO
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 The charity is managed by the trustees with
two trustees taking responsibility for the
overseeing of the shop and the volunteers
who work in the shop.
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
Cumbria
CA10 3NG

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
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12
13
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19
20
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (ifany)
Derrick Newsome Chair
Elaine Allison Secretary
Sebastian Grose Treasurer
Katie Chappell
Robert Poulson
Andrea Hodgson

– 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)

Names and addresses of advisers (Optional information) addresses of advisers (Optional information)
Type of
adviser
Name
Address
n/a

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

n/a

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) Derrick Newsome Position (eg Secretary, Chair of Trustees Treasurer and accounts assistant Chair, etc) Date 18[th] December 2025

Shap Community April 2024- March 2025

Opening Current bank balance 01.04.2024 £13,978.20
Closing Current Acc Balance 31.03.2025 £4,624.06
Income
Shop Banked Income £34,853.71
Lunch Club £6,100.10
Nathans Waste Income £345.22
Other Income from Recycling £2,783.24
£44,082.27
Expenditure
Expense £21,295.21
Petty Cash £324.92
Grants Paid out £32,141.20
Total £53,761.33
Current Bank Balance £4,624.06
Current Savings Bank Bal 31.03.25 £26,356.97
Operating Budget £3,000.00
Reserve Fund £4,000.00
Available forgrants £23,981.03
Shop Book Sales Shop Banked
Income
LunchCLub Other Income Nathans
Waste
Petty cash Grants Expenditure
April £3,234.49 £2,652.40 £769.60 £71.98 £0.00 £37.98 £500.00 £1,831.79
May £2,576.06 £3,096.05 £785.95 £253.61 £0.00 £11.50 £920.00 £5,925.00
June £2,447.69 £2,510.65 £628.80 £124.86 £0.00 £32.08 £5,000.00 £835.21
July £3,357.48 £2,463.45 £698.55 £726.41 £0.00 £18.75 £0.00 £743.20
August £2,639.84 £3,586.01 £639.00 £53.51 £0.00 £25.10 £10,000.00 £1,635.35
September £3,534.61 £3,242.15 £610.85 £250.11 £59.00 £44.68 £0.00 £758.44
October £2,657.67 £2,569.20 £593.15 £477.19 £49.15 £27.88 £8,591.20 £1,369.67
November £2,624.43 £3,305.10 £817.90 £146.74 £53.45 £16.49 £1,200.00 £2,078.80
December £2,240.13 £2,570.70 £556.30 £199.56 £33.10 £27.77 £450.00 £1,239.60
January £2,686.62 £2,352.00 £0.00 £68.25 £93.42 £20.03 £0.00 £1,052.14
February £2,974.32 £2,611.00 £0.00 £168.52 £28.50 £29.28 £4,780.00 £2,070.47
March £3,384.46 £3,895.00 £0.00 £242.50 £28.60 £33.38 £700.00 £1,755.54
Totals £34,357.80
£34,853.71
£6,100.10
£2,783.24
£345.22
£324.92
£32,141.20
£21,295.21

Heather Brae Shap Cumbria CA10 3PH

Well-kept and clearly presented records make the transactions for the year April 2024 to March 31[st] 2025 easy to read and to cross-check.

Income came from the Charity Shop sales, ranging from £2,240 to £3,534 per month; the Monday lunch club £516 - £818 per month from April to December after which it ceased operations. This fact accounts for the drop in income compared to the year before. A waste disposal company bought unsold items etc., and miscellaneous donations raised a total of £44,082 for the year which represents a drop of £1,220 compared to the previous year. The total income for the year showed up in Bank Statements, records for the petty cash held and an increase in the Reserve account of nearly £1,000.

Monthly expenditure ranged from £743 to £5925. Two months, chosen at random were checked in detail. Receipts and documentation were found that confirmed the expenditure and income.

The current account opened the year with a balance of £13,978 and closed at £4624. The savings account rose from£25,466 to £26,357 confirming the sound financial position of the charity.

Grants agreed at the last meeting of the previous year were paid-out during the year along with new applications ranging from £450 to £10,000 made in 2024 from the Football club an Sheltered Housing that have improved the lives of Shap residents; once again proving that this well-run charity is a boon to Shap and the local district.

Professor Ian J McColm BSc DPhil. DSc. CEng. FRSC. FIMMM

1[st] November 2024