Charity Registration No. 1167061
STAY STRONG STU
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
C M Ridley
## **STAY STRONG STU**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mrs C M Ridley ` Mr J Dixon Miss S Little Mrs D Crozier Mr J R Holland **Charity number** 1167061 **Principal address** C/o Celia Ridley Shitlington Hall Wark Hexham Northumberland NE48 3QD **Bankers** Lloyds Bank PLC Priestopopple Hexham Northumberland NE46 1PE **Solicitors** Sintons Sintons Law The Cube Barrack Road Newcastle upon Tyne NE4 6DB
## **STAY STRONG STU**
## **CONTENTS**
## **Page**
Trustees’ report
Statement of financial activities
Balance sheet
Notes to the financial statements
___________________________________________________________________________ **STAY STRONG STU**
**TRUSTEES’ REPORT**
_**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Objectives and activities**
The charity’s objects are the relief of suffering, sickness and mental and emotional distress of people particularly young adults suffering from brain tumours, their families and carers. The charity was established from the funds and assets raised from a non-profit making organisation, also called Stay Strong Stu to formalise the collection and distribution of funds within a charitable incorporated organisation.
The objects are to actively fundraise through events and the sale of merchandise to raise funds which can be distributed to organisations, either carrying out research or providing care within the charity’s remit above. There has been no change in these policies during the year.
On Friday 13[th] February 2015, Stu Ridley, farmer and Tynedale Rugby Club player was diagnosed with an inoperable Brain Tumour and given just six months to live. Stu died five months later on Tuesday 14[th] July he was just 25 years old.
During the last five months there was a massive outpouring of love and support from family, friends, teammates and complete strangers. T-shirts were worn at many countries around the world. Young Farmers Clubs, our local auction mart and rugby club all held events in support of Stu and his family.
Stay Strong Stu was the slogan on the t-shirt and it became the name of the charity which is raising money to be able to help other young people with a similar diagnosis an prognosis to Stu. Brain Tumours are the single biggest killer of the under 40s.
The trustees of Stay Strong Stu would like to thank everyone for their continued support especially the rugby and farming communities. Love, Community, Pulling Together!
## **Achievements and performance**
During the period donations were received from various sources.
Again Covid 19 prevented the trustees meeting but funds were to distributed to The Wooden Spoon & Brain Tumour Charity in January 2021.
## **Financial review**
It is the policy of the charity to keep funds in reserve at a level agreed by the trustees to enable them to very quickly give help to those who need it.
___________________________________________________________________________ **STAY STRONG STU**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
________________________________________________________________
## **Structure, governance and management**
The charity is a charitable incorporated organisation.
The trustees who served during the year and up to the date of signature of the financial statements were:
Mrs C M Ridley Mr J Dixon Miss S Little Mrs D Crozier Mr J R Holland
New trustees are appointed by the existing trustees.
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
Trustees meet regularly to review the charity’s affairs.
The trustees’ report was approved by the Board of Trustees.
Stay Strong Stu is exempt from the statutory audit requirement for the year and is not required to use an accountant or to obtain an independent examiner’s report.
## **Mrs C M Ridley**
Trustee Dated: 20 January 2022
___________________________________________________________________________ **STAY STRONG STU**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
|**_FOR THE YEAR ENDED 31 MARCH_ ****_2021_**|**_FOR THE YEAR ENDED 31 MARCH_ ****_2021_**|**_FOR THE YEAR ENDED 31 MARCH_ ****_2021_**|**_FOR THE YEAR ENDED 31 MARCH_ ****_2021_**|
|---|---|---|---|
|___________________________________________________________________________||||
|||**Unrestricted**||
|**Total**||||
|||**Funds**||
|||**2021**|2020|
|||**Notes**|**£**|
|**£**||||
|**Income from**
**:**||||
|Donations and legacies||730|691|
|Charitable activities|||215|
|2605||||
|**Total income**|||945|
|3,296||||
|**Expenditure on**
**:**||||
|Charitable activities|||-16000|
|**Net income/(expenditure) for the year/**||||
|**Net movement**|**in funds**||-15055|
|3296||||
|Fund balances at|1 April 2020||34656|
|31516||||
|**Fund balances at 31 March 2021**|||19601|
|34656||||
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
## **STAY STRONG STU**
## **BALANCE SHEET** _**AS AT 31 MARCH 2021**_
___________________________________________________________________________
||**2021**|**2020**|||
|---|---|---|---|---|
|**Notes**|**£**||**£**||
|**Fixed assets**|||||
|Tangible assets|690.20|888|||
|**Current assets**|||||
|Stocks|1,000|||1,000|
|Cash at bank and in hand|17,713|||32,768|
||19,403.20|33,768|||
|**Creditors: amounts falling due**|-||____-__||
|**within one year**|||||
|Net current assets|19,403.20||||
|34,656|||||
|**Total assets less current liabilities**||19403.20|||
|34,656|||||
|**Income funds**|||||
|Unrestricted funds|19403.20||||
|34,656|||||
||19403.20|||34,656|
|The fnancial statements were approved by the Trustees on|||20|January|
|2022.|||||
|Mrs C M Ridley|Mrs D Crozier||||
|**Trustee**|**Trustee**||||
## **___________________________________________________________________________ STAY STRONG STU**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED** ) _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Tangible fixed assets**
|**Tangible**|**fxed assets**||
|---|---|---|
|||Equipment available|
|for|||
|Assistance|||
|||£|
|**Cost**|||
|At 1 April 2020||1,445|
|At 31 March 2021||1,445|
|**Depreciation and impairment**|||
|At 1 April 2020||557|
|depreciation charged in the year|||
|133.20|||
|At 31 Mar|2021||
|690.20|||
|**Carrying**|**amount**||
|At 31 March 2021|||
|754.80|||
|At 31 March 2020||888|
|**Financial instruments**||**2021**|
||**2020**||
|||**£**|
|**£**|||
|**Carrying**|**amount of fnancial liabilities**||
|Measured|at amortised cost|-|
|-
|||
|**Stocks**||**2021**|
|**2020**|||
|**£**
Merchandise held for resale
1,000
**Creditors: amounts falling due within one year**
**2019**
**£**
Accruals and deferred income
-|**£**
1,000
**2020**
**£**
-|
|---|---|
## **Related party transactions**
There were no disclosable related party transactions during the year
## **STAY STRONG STU**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2021**_
**----- Start of picture text -----**
Grants payable
2021
2020
£
£
Grants to institutions:
Brain Tumour Charity 8000
-
Wooden Spoon 8000 -
16,000
Grants to individuals -
-
-
___
Support costs
Support Governance 2021
2020
costs costs
£ £ £
£
- - -
Accountancy
______- _____ - ____-
Analysed between
Charitable activities - - -
**----- End of picture text -----**
## **Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **Employees**
There were no employees during the year **.**
## **STAY STRONG STU**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2021**_
## **Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or the revision and future periods where the revision affects both current and future periods.
## **Donations and legacies**
|**Donations and legacies**|||
|---|---|---|
||**Unrestricted**||
|Total|||
||**Funds**||
||**2021**
|2020|
||**£**
|£|
||730
|691|
|=]|||
|**Charitable activities**|||
||**2021**
|**2020**|
||**£**
|**£**|
|Income from fundraising events and sales of|||
|merchandise|215
|2,605|
|**Charitable activities**|||
||**2021**
|**2020**|
||**£**
|**£**|
|Depreciation and impairment|133.2||
|156|||
|Event costs|-
|-|
|Merchandise for resale
-
Grant funding of activities
-
Share of governance costs
-
156
133.2|-
-
-
156|
|---|---|