SHARLsfoN & STrEEfHOUSE YOUTH FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS for the year ended 31 Decefflber 2025 B M Howarth Ltd CharteTed Accountants
SHARLSTON & STREHOUSE YOUTH FOUNDATION COlENTs Page Legal and adminisiraiive details Trustees. report 2&3 Statement of financial activities 8alance sheet Notes to the accounts
SHARLSTON & STREHouSE YOUTH FOUNDATION LEGAL AND ADMINISTRATIVE DETAILS StztUS Registered Charity No 1162766 Tru5ttes C R Moorbv A E Moorbv W A Chalklev J Chalklev Prln¢lpal Address Metic House Ripley Drive Normanton WF6 IQT Patron and Honorary Prtshjenl Neil Fox MBE Bankers Santander UK plc 4 Upper Kirk8ate Wakeliel WFI ISP Accountants B M Howarth Ltd Wesi House King Cros5 Road HXIIEB
SHARLSTON & STrEEfHOUSE YOUTH FOUNDATION TRUSTEES. REPORT for the year ended 31 December 202S The Trustees present their report and the financial statements for the year ended 31 December 2025. The unaudited financial 5tatement5 have been prepared in accordance with the accounting policies Set out in note I and comply with the Charity'5 COllStitutioTh. applicable law and the Statement of Recornrnended Practice.. Accounting and Reporting by Charitie5 (Charities SORP FRS1021. Admlnlstratlve Informatlon The names of the Trustees and their a(fvisors durin8 the year, tO8ether with the principal address, are shown on pa8e l. ConstItlOn The Charity is constituted as a Charitable Incorporated Organisation l~Cl(Yl under the Constitution dated 13 July 2015. The CIO was registered by the Charity Commission on 21 July 2015. Trusteès The Trustees who held durin8the year and up to the date of approval of thi5 Report are a5 fo11ows.' Roy Moorbv Ann Moorby Wayne Chalklev Julie Chèlkley Method of Elertlon of Trustees All Charily Trusiees serve for a term of 3 years before reiirlng by rotation and being proposeij for reappointmeni at a properly convened meain8 of ihe Charily Trvsiees. In selectin8 individuals for appointment as Charity Trustees. the Charity Trustees have regard to the skills. knowledge and experience needed lor the effective administration of the CIO. Oblertlves The primary purpose of the Charity is to Pride or support recreational aThd leisure time activities for young people living in the Shar15ton and Streethouse areas ol Wakefield and to help develop their 5ki115, capacities and C3pabilitie5 to enable them to participate in sociery as mature and responsible individuals. The Trustees confirrn that they have £onsidered the 8uidance provided by the Charity Commission on public benefit when reviewin8 the Charity's objectives and èttivities. The Trustees raise funds through <Jonation5 and fundraisin8 events at such times as they encounter deserving or8anisations whom they feel obli8ed to hdp. As such, il is not foreseen that the Charity will £reate si8nificant cash reserves. The Trustees meet annually and at Oth times as may be necessary to consider the finances of the Charity and to discuss donations. Achlevements and Performances The Charity continues to have regard to its primary purpose. The Charity has identified a number ol local organisations during the year which it will assist durin8 2026. No administrative costs have been incurred.
SHARLSTON & sfREETHOUSE YOUTH FOUNDATION TRUSTEES, REPORT Icontinuedl for the year ended 31 December 2025 Rlsk Asses$ment The Trustees do not consider the Charity is subject to any substantial risks beyond the liabilitie5 disclosed in the financial statements. Financial Review The Charity generated a ner loss for ihe period of £1.3LX). Reserve Policv The Trustees consider the reserves policv to be satisfactory. When additional funds are raised these are likelv to be used soon after receipt to further support the families benefirting from the Charity. Plan5 for the Futurè It 15 the Charity's intention to continue working with local or8ani5ations identified as requiring specific financial help. Trustees, Responslbllltles The Trust Deed requires the Trustees to prepare annual actourtts. Generally accepted accounting principles require these a£counis to.. be prepared on the basis of svitable accounting policles which are consisiently applied include reasonable and prudenr judgements and esiimaies follow applicable accounting standards and the Charitie5 SORP., disclosing and explaining any departures in the financial statements.. and prepare the financial statements on a 8Oin8 conctrn basis unless it is inappropriate to assume that the Charity will continue in operation. The Trustees are responsible for keepin8 accountin8 records which are such to disclose, with reasonable accuracyp the financial position of the Charity at any time, and to enable them 85 Trusteeg to ensure that the financial siatements comply with Charily law. The Trustees are also responsible for safeguarding the Charily's assets, and hence for takin8 reasonable steps to the prevention and detettion of fraud and other irre8ularities. Approved by the Trustees on 28, May 2026 and si8ned on its behalf bv.. Ckakleffj Eo Mookb C R Moorby
5HARLSTON & sfREEfHOU5E YOUTH FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Unre5tricled fund5 Unrestricted fund5 Note Incoming Resources Incomefrom.. Donations 1.410 10.600 Other tradin8 activities 1.410 10.600 ResouNes expended FundralsSng tradin8 Costs Charitable activities 2,710 2,710 Net Income 11,31XJl 28,594 27.294 10,600 17,994 Totolfvnds brouqhtAorward Netfvnds carrledforword 28,594 All ol the above operations are Continuin8 and defive Irom unrestricted attivities. The notes on pa8e$ 6 to 9 form part ofthese accounts. SHARLSTON & sfREEfHOU5E YOLITH FOUNDATION
BALANCE SHE AS AT 31 DECEMBER 2025 2025 2024 Unrestrlcted fvnds Unrestrltted fvnds Note Current assets Debtors Cash at bank and in hand 27.294 28,594 Credltors.. amounts falling due wlthln one year Total net a55et5 27,294 28,594 Funds of the Charltv Unrestricted funds 27.294 28,594 Total 27.294 28.594 Approved by the Trustees and authorised lor issue on 28 May 2026. CkakleJ Eo Mookb Chriili'% Rvy Moorby Imay 2026 07 34 09 C R Moorbv The notes on pa8e$ 6 to 9 form part of these accounts.
5HARLSTON & sfREEfHOU5E YOUTH FOUNDATION NOTESTOTHE ACCOUNIS Accounting Policies lal Basi5 of Preparation These accounts have been prepared under the historical cost convention with item5 recognised at cost or transaction value unless otherwise stated in the relewdnt note5 to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice.. Accounting and Reportin8 by Charities preparing their accounts in accordance wth the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 and with the Charities Act 2011. Golng Concern The Trustees have reasonable expectation that ihe Charity has adeouate resources to continue in existence for the foreseeable future and that the going concem basis of accountin8 is appropriate in preparing the financial statements. Reco8nltion of Income These are included in the Statement of Financial Activities ISOFAI when.. The Charity betomts entitled to the restyjrees; It is more likely than not that the Trustees will receive the resourtes,. and The monetary value can be measured wilh sufficient reliabiliiy. Reco8nltlon of Expendfture Expenditure is rOgniSed on aTh accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered and is reporred as part of ihe expenditure io which it relates. Charitablè activities comprise those costs iThcurrtd by the Charity in thè delivery of its activities and service5 for its beneficiarses together with any necessary irsdirect Costs. Donated Servkes and Facllitles Donated services and facilities are included in the SOFA when received at the value of the 8ift to the Charity provided the value ol the gift tan be measured reliably. Offsettln8 There has been no offsettin8 of assets and liabililies, or income and expenses. Tax Reclalms on Dgnatlons and Gffts Gift Aid receivable is included in income when the is a Valid declararion from the donor. Any Gift Aid amount recovered on a (lonation is considered to be parr of ihat gift and is rreated as an addilion io the same fund as the initial donation unless the donor or the terms ol the appeal have specified othen¥ise. Volunteer Help The value of any voluntary help received is not included in the accounts.
5HARLSTON & sfREEfHOU5E YOUTH FOUNDATION NOTESTOTHE ACCOUNIS Fund Accounts Unrestricted funds are availablefor use at the dis(retion of the Trustees in furtherance of the general objectives of the Charitv. lal Bask Flnantlal In5trumtnts The Charity accounts foi basic financial instruments on initial 08Th1t10. Ibl CredOr$ The Charitvs creditors are measured at sertlements amounts less any available trade discounts. Analysls of Income IQ25 Unrestrlrted funds 2024 Unrestrltted funds Donotlons.. Donation5 and gifts Gift Aid 10,600 810 Total Income 1.410 10.600 Expendlfure Analysis of Expenditure 2025 Unrestrkied funds 2024 Unrestrlcted fvnds Expendlture on Charltable Artlvltles Grants 2.710 2,710 Totsl Expendlture The charity incurred no 5UPPOrt or 8overnante t05t5 during the period. Analysis of Grants Paid (included in cost of charitable attivitiesl 2025 2024 Anolys15 Grants to In5titution5 Grants to InStitutn5 Youth development 2.710
4.3 Grants made to InStitlOnS 2025 2024 Total amount of grants paid Total amount of grants paid Nome of Institution Purpose Sharlston Community School Streethou5e Cricket Club Book Project Junior Cricket Camp Ull's 3 Peaks challenge 2.5(KJ iio Streethouse Cricket Club i( Total grants to Instltutlons In reportln8 perfod 2,710 Staff Numbèrs The Char5ty had no employees durln8 the period. Credltors Amounts fallln8 due wh1n one vear 2025 Amounts falllng due wlthln one year 2023 Anplysts of Credltors Trade Credliors Transartlons wlth Trustets and Rèlated Partles Trustee remuneration and benefits None of the Trustees have been paid any remuneration or e1ved any other benefits from an employment with the Charity or a related entilv. Trustees, Expenses No Trusiee expenses have been incurred.