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2025-03-31-accounts

Charity number: 1175616

SHINE LINCOLNSHIRE

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

SHINE LINCOLNSHIRE

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 6
Trustees' Responsibilities Statement 7
Independent Auditors' Report on the Financial Statements 8 - 11
Statement of Financial Activities 12
Balance Sheet 13
Statement of Cash Flows 14
Notes to the Financial Statements 15 - 31

SHINE LINCOLNSHIRE

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees Paul A Jackman, Vice Chair
James B Earnshaw, Chair
Sally Emerton, Treasurer
Rachel Redgrave
Blake Caldwell
Charity registered
number
1175616
Principal office
7 Bull Ring
Horncastle
Lincolnshire
LN9 5HX
Independent auditors
Streets Audit LLP
Tower House
Lucy Tower Street
Lincoln
LN1 1XW
Bankers
The Co-operative Bank p.l.c
1 Balloon Street
Manchester
M4 4BE

Page 1

SHINE LINCOLNSHIRE

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report together with the audited financial statements of the charity for the year 1 April 2024 to 31 March 2025.

Objectives and activities

a. Policies and objectives

Shine Lincolnshire believes everyone deserves a life of value, enabling them to Shine. We continue to achieve this by connecting people and communities, creating accessible and inclusive services that promote wellbeing and personal choice across Lincolnshire and beyond. Our work is rooted in collaboration, innovation, and compassion, ensuring individuals are empowered to live fulfilling lives and reach their full potential.

Since our inception in 2011, Shine Lincolnshire has grown to become a leading infrastructure and support organisation within the county, championing mental health and wellbeing. The 2024–25 financial year marked another period of growth and innovation, reflecting the dedication of our 34 staff, 23 volunteers, and wide network of partners and stakeholders. Together, we supported over 27,000 beneficiaries, delivered more services than ever before, and strengthened our position as a key delivery partner for health, social care, and community wellbeing across Lincolnshire.

Trustees have paid due regard to the guidance provided by the charity commission regarding public benefit.

b. Main activities undertaken to further the charity's purposes for the public benefit

To provide a network of people and organisations which can help to connect people and organisations with the services and support that will most effectively meet their needs and enhance their lives.

Achievements and performance

a. Main achievements of the charity

2024/25 Delivery & Achievements

Grant Administration:

On behalf of Lincolnshire County Council (LCC), Lincolnshire NHS Integrated Care Board (LICB), and Lincolnshire Partnership NHS Foundation Trust (LPFT), Shine continues to administer the Mental Health and Wellbeing Community Investment Fund (MHWCIF) and the Suicide Prevention Investment Fund (SPF). During 2024–25, these programs supported 90 projects across 71 organisations with 175 review and support meetings held. The average award values were £7,439.88 for Innovation projects and £20,321.71 for Sustainability projects, together benefitting over 10,000 individuals. These funds empower grassroots organisations to develop sustainable, community led mental health and wellbeing services that prevent crisis and promote independence.

Training and Development:

Our Training and Education programme continued to expand its reach and reputation for quality. In 2024–25, Shine trained 742 individuals from 127 organisations across Lincolnshire, delivering courses including Mental Health First Aid, Suicide First Aid, and Emergency First Aid. Notably, 238 individuals attended Suicide First Aid courses, 341 attended Mental Health courses, and 163 completed Emergency First Aid training. We also delivered bespoke sessions for schools, community groups, and businesses, and provided targeted training for Peer Support Workers and volunteers. Our Training Team attended a wide range of school assemblies and community events, embedding early wellbeing education through the ‘5 Ways to Wellbeing’ framework.

Page 2

SHINE LINCOLNSHIRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

Peer Support:

Mental Health Peer Support Workers (PSWs) are central to Shine’s mission of lived experience led support. During 2024–25, 13 PSWs supported 259 individuals across Lincolnshire, attending 56 partnership boards and completing over 42 CPD courses. Through empathetic one-to-one relationships, PSWs empowered people to rebuild confidence, reduce isolation, and reconnect with their communities. Their work forms a vital link between statutory, and community led mental health support.

Bert House Community Hub:

May 2024 marked the official opening of Shine’s Bert House in Horncastle, a welcoming community hub designed to build connection, reduce isolation, and provide practical and emotional support. Between May 2024 and March 2025, Bert House welcomed 3,429 visitors, held 179 community sessions, collaborated with 26 partner organisations, and distributed over 77 slow cookers and 1,000 budgeting guides through its Winter Pressures programme. The hub continues to grow as a beacon of wellbeing and inclusion at the heart of East Lindsey.

Children and Young People:

Shine strengthened its work with children and young people through partnerships with Wright Way Sports and Benjamin Adlard Primary School in Gainsborough. ‘Benji’s Youth Club’ provided 974 attendances for 4–11-yearolds and 422 attendances for 11–16 year-olds. The project helped diversify friendships, ease transitions between school stages, and offer safe spaces for play and growth. Shine’s ongoing commitment to youth engagement continues through education, outreach, and peer-led wellbeing programmes.

Co-production:

In 2024–25 Shine co-chaired the Lincolnshire Mental Health Co-Production Network, ensuring the voices of those with lived experience directly inform service design.

Communications and Community Engagement:

Through Shine Connect magazine, social media, and public events, we continued to amplify community voices. Over 10,000 magazines were distributed, featuring over 300 community articles and a directory of over 400 support services. We attended more than 60 community events and achieved a 31% growth in social media engagement, with over 4,000 followers across platforms. These efforts help ensure that individuals across Lincolnshire can access mental health support and stay connected.

Community Support and Fundraising:

Community fundraising and sponsorship continued to be a vital part of Shine’s success. During 2024–25, supporters raised over £15,000 through activities such as sponsored runs, skydives, and marathons. We proudly collaborated with business sponsors including Lincolnshire Co-op, SPOKE, and Stokes Coffee. 23 volunteers contributed over 750 hours of service, helping Shine deliver essential support to more than 27,000 beneficiaries across the county.

Page 3

SHINE LINCOLNSHIRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

Our Workforce:

Shine’s success is built on the passion and professionalism of our staff. In 2024–25, we employed 34 staff members who together completed 395 CPD and training courses, with two team members undertaking apprenticeships in Business Administration and Operations Management. Staff recognition remains an important part of our culture—this year, Shine awarded 98 Bertie Awards, celebrating excellence, kindness, collaboration, integrity, and innovation.

Financial Overview (2024–25):

A detailed financial statement will be included in the audited accounts. This section will summarise income, expenditure, and reserves for the year ending 31 March 2025.

Looking Forward:

As we move into 2025–26, Shine is excited to launch its new 2025-2030 five-year strategy detailing how we remain committed to developing sustainable models of support, supporting the VCFSE sector in lincolnshire and continuing to champion community led wellbeing initiatives. Our focus will be on expanding the reach of Bert House, enhancing our children and young people’s services, and deepening our collaboration with health and voluntary sector partners. We will continue to empower communities, invest in staff and volunteers, and ensure that every individual across Lincolnshire has the opportunity to live a life of value, enabling them to Shine.

Financial review

a. Reserves policy

The reserves are held in order to be rolled forward into future projects or to wind down the charity. At the yearend the total reserves of the charity amounted to £118,634 (2024: £159,686).

Shine Lincolnshire are working towards the optimum reserves value as per the Reserves Policy to prepare the charity prior to any future restructuring or dissolution. The reserves are reviewed annually by the board alongside the annual budget and the Reserves Policy is reviewed bi-annually to assure that it aligns to the charities policy and financial objectives. The desired level of reserves has been calculated at approximately £200k (5 months running costs). The reserves at 31 March 2024 did not meet the policy but the board and management are committed to ensuring that the ongoing activities of the charity will lead to an accumulation of reserves to this level.

The charity’s cash funds at the end of the year amounted to £236,217 (2024: £189,554).

Page 4

SHINE LINCOLNSHIRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

b. Principal risks and uncertainties

The organisation have an extensive risk register which is regularly updated and reviewed by trustees and management.

Red Risk

Cash funds within bank account exceeding £85,000 guarantee.

Amber Risk

Sector challenges in recruiting additional Trustees. Delayed payment on significant projects or contracts

NHS Banded Salaries potential negative impact on non-banded salaried staff morale and recruitment Public Mental Health – Increased demand.

c. Principal funding

The charity is primarily grant funded to deliver services and contracts. Further details of the services and activities funded have been included in the trustees report.

Structure, governance and management

a. Constitution

Shine Lincolnshire is a registered charity, number 1175616, registered on 8 November 2017, and is constituted under a CIO-Foundation.

b. Methods of appointment or election of Trustees

The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the CIO- Foundation.

c. Organisational structure and decision-making policies

The Board of Trustees meet regularly to discuss CIO strategy and overall performance with the day to day operation of the CIO delegated to the Executive team.

d. Policies adopted for the induction and training of Trustees

In selecting individuals for the appointment as charity trustees, the charity trustees must have the relevant skills, knowledge and experience needed for the effective administration and governance of the CIO.

e. Pay policy for key management personnel

Executive team propose staff pay increase at the time of budget, this is bought to the relevant trustee meeting and approved by the board. For the executive team staff pay is set by the trustees in line with proposed budget. The only deviation is our PSW contract where we have to uplift in line with NHS banding, but an assessment of trustees and executive look and monitor the implications of NHS Band increases.

Page 5

SHINE LINCOLNSHIRE

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management (continued)

f. Financial risk management

The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate exposure to the major risks.

Plans for future periods

As we reflect on the past year, we are immensely proud of what Shine Lincolnshire has achieved. Our dedicated team, supportive partners, and generous donors have all played vital roles in helping us reach our goals and make a meaningful difference in the lives of those we serve. From launching new programmes to expanding our reach, every step forward has been a testament to our collective effort and shared vision. We remain committed to our mission of fostering community, support, and advocacy, ensuring that every individual has the opportunity to thrive. The future holds exciting possibilities for Shine Lincolnshire. As we continue to grow and evolve, we are focused on expanding our programmes and services to reach even more people in need. Our plans include enhancing our community hub at Bert House, developing new initiatives to support mental health and well-being across the county, fostering stronger collaborations with organisations across Lincolnshire and beyond and continuing to develop our Children and Young Persons support offer. With the continued support of our staff, volunteers, and donors, we are confident that Shine will continue to shine brightly, making a lasting impact for years to come. Together, we look forward to a future filled with hope, progress, and positive change.

Members' liability

The Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' Report is approved has confirmed that:

Auditors

The auditors, Streets Audit LLP, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ ................................................ James B Earnshaw Sally Emerton Chair Trustee

Date: 8 December 2025

Page 6

SHINE LINCOLNSHIRE

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the CIO- Foundation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 8 December 2025 and signed on its behalf by:

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................................................ ................................................ James B Earnshaw Sally Emerton Chair Trustee

Page 7

SHINE LINCOLNSHIRE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SHINE LINCOLNSHIRE

Opinion

We have audited the financial statements of Shine Lincolnshire (the 'charity') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Page 8

SHINE LINCOLNSHIRE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SHINE LINCOLNSHIRE (CONTINUED)

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 9

SHINE LINCOLNSHIRE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SHINE LINCOLNSHIRE (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

Page 10

SHINE LINCOLNSHIRE

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF SHINE LINCOLNSHIRE (CONTINUED)

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Streets Audit LLP Tower House Lucy Tower Street Lincoln LN1 1XW 10 December 2025

Streets Audit LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 11

SHINE LINCOLNSHIRE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net (expenditure)/income
Transfers between funds
16
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
365,990
87,642
4,415
458,047
5,569
499,789
505,358
(47,311)
13,534
(33,777)
83,250
(33,777)
49,473		 Restricted
funds
2025
£
662,503
-
-
662,503
-
656,244
656,244
6,259
(13,534)
(7,275)
76,436
(7,275)
69,161		 Total
funds
2025
£
1,028,493
87,642
4,415
1,120,550
5,569
1,156,033
1,161,602
(41,052)
-
(41,052)
159,686
(41,052)
118,634		 Total
funds
2024
£
901,006
38,530
-
939,536
9,324
1,056,340
1,065,664
(126,128)
-
(126,128)
285,814
(126,128)
159,686

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 15 to 31 form part of these financial statements.

Page 12

SHINE LINCOLNSHIRE

BALANCE SHEET AS AT 31 MARCH 2025

Note
Fixed assets
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
15
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
16
Unrestricted funds
16
Total funds		 2,035
29,796
236,217
268,048
(168,889)		 2025
£
19,475
19,475
99,159
118,634
118,634
118,634
69,161
49,473
118,634		 -
56,506
189,554
246,060
(113,386)		 2024
£
27,012
27,012
132,674
159,686
159,686
159,686
76,436
83,250
159,686

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

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................................................ ................................................ James B Earnshaw Sally Emerton Chair Trustee

Date: 8 December 2025

The notes on pages 15 to 31 form part of these financial statements.

Page 13

SHINE LINCOLNSHIRE

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Cash flows from operating activities
Net cash used in operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
Net cash provided by financing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
The notes on pages 15 to 31 form part of these financial statements		 2025
£
48,525
(1,862)
(1,862)
-
46,663
189,554
236,217		 2024
£
(46,104)
(27,012)
(27,012)
-
(73,116)
262,670
189,554

Page 14

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

Shine Lincolnshire is a unincorporated charity, registered in England and Wales, with number 1175616. The principal object of the charity is to aid in the relief of sickness and preservation of health of people with mental health problems.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Shine Lincolnshire meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The trustees have assessed the charity’s ability to continue as a going concern and have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, being at least 12 months from the date of approval of the financial statements.

Accordingly, the financial statements have been prepared on the going concern basis.

In making this assessment, the trustees have considered the current and anticipated financial position of the charity, including levels of reserves, the timing of grant income, donor support, and the expected level of expenditure in line with the charity’s objectives.

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SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.3 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has entitlement to the income, it is probable that the income will be received, and the amount can be measured reliably.

Donations are generally received without conditions and are therefore recognised immediately upon receipt or notification. Where donations are given for specific purposes, they are accounted for as restricted income.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet.

Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Income from charitable activities includes fees received for delivering mental health first aid training, which is provided in furtherance of the charity’s objectives. Income is recognised when the charity has delivered the training session.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

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SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Fixtures and fittings

33% straight line

2.6 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

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SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.10 Operating leases

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term.

2.11 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

2.12 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

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SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3. Income from donations and legacies

Donations
Grants
Other income
Total 2025
Total 2024		 Unrestricted
funds
2025
£
22,915
325,826
17,249
365,990
483,510		 Restricted
funds
2025
£
-
662,503
-
662,503
417,496		 Total
funds
2025
£
22,915
988,329
17,249
1,028,493
901,006		 Total
funds
2024
£
9,035
889,877
2,094
901,006

4. Income from charitable activities

Mental health first aid training
Income from other trading activities
Income from fundraising events
Fundraising events		 Unrestricted
funds
2025
£
87,642
Unrestricted
funds
2025
£
4,415		 Total
funds
2025
£
87,642
Total
funds
2025
£
4,415		 Total
funds
2024
£
38,530
Total
funds
2024
£
-

5. Income from other trading activities Income from fundraising events

Page 19

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

6. Expenditure on raising funds

Costs of raising voluntary income

Unrestricted Total Total
funds funds funds
2025 2025 2024
£ £ £
Costs of raising voluntary income 5,569 5,569 9,324

7. Analysis of expenditure on charitable activities

Summary by fund type

Charitable Activities
Total 2024		 Unrestricted
funds
2025
£
499,789
524,884		 Restricted
funds
2025
£
656,244
531,456		 Total
2025
£
1,156,033
1,056,340		 Total
2024
£
1,056,340

Page 20

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

8. Analysis of expenditure by activities

Charitable Activities
Total 2024		 Activities
undertaken
directly
2025
£
1,002,087
890,319		 Support
costs
2025
£
153,946
166,021		 Total
funds
2025
£
1,156,033
1,056,340		 Total
funds
2024
£
1,056,340

Analysis of direct costs

Staff costs
Event Costs
Direct Contract Expenses
Total 2025		 Charitable
Activities
2025
£
892,081
30,482
79,524
1,002,087		 Total
funds
2025
£
892,081
30,482
79,524
1,002,087		 Total
funds
2024
£
761,613
35,327
93,379
890,319

Page 21

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Depreciation
Training Costs
Premises Costs
Insurance
Office Costs
Accountancy Fees
Professional Fees
Repairs and Maintenance
Other Support Costs
Marketing
Technology
Vehicle Expenses
Telephone Costs
Total 2025		 Charitable
Activities
2025
£
9,399
30,657
25,915
3,827
17,397
7,700
-
3,191
9,187
6,857
11,688
9,803
18,325
153,946		 Total
funds
2025
£
9,399
30,657
25,915
3,827
17,397
7,700
-
3,191
9,187
6,857
11,688
9,803
18,325
153,946		 Total
funds
2024
£
-
25,613
11,783
3,300
21,646
4,200
1,473
33,272
7,164
10,721
22,303
10,414
14,132
166,021

As seen in note 5, the Direct costs and Support costs note above are a culmination of the unrestricted and restricted expenditure.

9. Auditors' remuneration

2025 2024
£ £
Fees payable to the charity's auditor for the audit of the charity's annual
accounts 5,500 4,200

Page 22

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
786,658
65,367
40,056
892,081		 2024
£
676,967
51,110
33,536
761,613

There were no settlement agreements in the year ended 31 March 2025 (2024: £Nil).

The average number of persons employed by the charity during the year was as follows:

2025 2024
No. No.
Administration and Management 34 29

No employee received remuneration amounting to more than £60,000 in either year.

The total remuneration paid to key management personnel amounted to £133,531 (2024: £97,039) (not including employer's national insurance contributions) and was paid to 3 members of staff (2024: 3 members of staff).

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL) .

Page 23

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12. Tangible fixed assets

Cost or valuation
At 1 April 2024
Additions
At 31 March 2025
Depreciation
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
13.
Stocks
2025
£
Finished goods and goods for resale
2,035		 Office
equipment
and IT
£
27,012
1,862
28,874
9,399
9,399
19,475
27,012
2024
£
-

Page 24

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Debtors

Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 2025
£
20,662
2,624
6,510
29,796		 2024
£
54,002
-
2,504
56,506

15. Creditors: Amounts falling due within one year

Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
Resources deferred during the year		 2025
£
3,546
17,886
6,232
141,225
168,889
2025
£
116,014		 2024
£
17,154
33,327
4,739
58,166
113,386
2024
£
-

Deferred income consists of PSW income relating to services that are to be delivered in the next financial year.

Page 25

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Contingency funds
General funds
Unrestricted funds
Total Unrestricted funds
Restricted funds
Peer Support Workers
Peer Support Workers -
Committed
Community Connectors
SPF Promotional Pot
Mindspace Connector
CCPL
Winter Pressures
Hoarding Project
Total of funds		 Balance at 1
April 2024
£
15,000
68,250
83,250
28,913
42,500
153
4,870
-
-
-
-
76,436
159,686		 Income
£
-
458,047
458,047
417,656
-
36,379
-
31,363
43,355
13,750
120,000
662,503
1,120,550		 Expenditure
£
-
(505,358)
(505,358)
(446,194)
-
(36,379)
-
(31,363)
(43,355)
(13,750)
(85,203)
(656,244)
(1,161,602)		 Transfers
in/out
£
15,000
(1,466)
13,534
3,989
(12,500)
(153)
(4,870)
-
-
-
-
(13,534)
-		 Balance at
31 March
2025
£
30,000
19,473
49,473
4,364
30,000
-
-
-
-
-
34,797
69,161
118,634

Page 26

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Statement of funds (continued)

Designated funds

Contingency funds represents money put aside by the charity in order to ensure the charity's continued operation in the event of any unforseen circumstances or unexpected financial pressures.

Unrestricted funds

The general funds represent the free reserves of the charity which are not designated for particular purposes.

Peer Support Workers

The grant received from PSW funds the employment of peer support workers to support those with mental health issues.

Peer Support Workers - Committed

Shine Lincoln work as a grant administrator on behalf of Lincolnshire County Council, working collectively with NHS Lincolnshire Integrated Care Board & Lincolnshire Partnership Foundation Trust (LPFT) to deliver a VCFSE investment programme to support delivery that is focussed on supporting the Suicide prevention strategy, at risk groups and the MHDLDA inequalities programme.

Community Connectors

The grant received from Community Connectors funds the employment of a mental health community connector.

SPF Promotional Pot

Shine Lincolnshire work as a grant administrator on behalf of Lincolnshire County Council, working collectively with NHS Lincolnshire Integrated Care Board & Lincolnshire Partnership Foundation Trust (LPFT) to deliver a VCFSE investment programme to support delivery that is focussed on supporting the Suicide prevention strategy, at risk groups and the MHDLDA inequalities programme.

Mindspace Connector

Shine Lincolnshire provide employment services on behalf of MindSpace for the Community Connector as contracted by NHS Lincolnshire Integrated Care Board & Lincolnshire Partnership Foundation Trust (LPFT).

CCPL

(Community Connector Partnership Lead) – Shine Lincolnshire host the employment of the CCPL who works across the county alongside al Community Connectors on behalf of NHS Lincolnshire Integrated Care Board & Lincolnshire Partnership Foundation Trust (LPFT).

Winter Pressures

Shine Lincolnshire were successful in obtaining a winter Pressures grant from NHS Lincolnshire Integrated Care Board to deliver additional services to support individual’s throughout the winter period.

Hoarding Project

The grant received from LCC funds a 12 month project to test a hoarding pathway for individuals in Lincolnshire.

Transfers out of restricted funds

At the year-end the following amounts were transferred out of restricted funds into general funds:

Peer Support Workers £8,511 Community Connectors £153 SPF Promotional Pot £4,870

Page 27

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Statement of funds (continued)

These relate to amounts received in the previous financial year that remained unspent at the current year-end. Permission was given by the fund providers to release these into unrestricted funds and apply this income in accordance with the wider objectives of the charity.

Statement of funds - prior year

Unrestricted funds
Designated funds
Contingency funds
General funds
Unrestricted funds
Total Unrestricted funds
Restricted funds
Peer Support Workers
Covid Peer Support Worker
Community Connectors
SPF Promotional Pot
Peer Support Workers -
Committed
Mindspace Connector
CCPL
Winter Pressures
Total of funds		 Balance at
1 April 2023
£
-
95,464
95,464
174,476
5,244
10,630
-
-
-
-
-
190,350
285,814		 Income
£
-
522,040
522,040
312,602
-
30,920
10,000
-
32,752
21,232
9,990
417,496
939,536		 Expenditure
£
-
(534,254)
(534,254)
(415,665)
(5,244)
(41,397)
(5,130)
-
(32,752)
(21,232)
(9,990)
(531,410)
(1,065,664)		 Transfers
in/out
£
15,000
(15,000)
-
(42,500)
-
-
-
42,500
-
-
-
-
-		 Balance at
31 March
2024
£
15,000
68,250
83,250
28,913
-
153
4,870
42,500
-
-
-
76,436
159,686

Page 28

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

17. Summary of funds

Summary of funds - current year

Balance at
Balance at 1 Transfers 31 March
April 2024 Income Expenditure in/out 2025
£ £ £ £ £
Designated funds 15,000 - - 15,000 30,000
General funds 68,250 458,047 (505,358) (1,466) 19,473
Restricted funds 76,436 662,503 (656,244) (13,534) 69,161
159,686 1,120,550 (1,161,602) - 118,634
Summary of funds - prior year
Balance at
Balance at Transfers 31 March
1 April 2023 Income Expenditure in/out 2024
£ £ £ £ £
Designated funds - - - 15,000 15,000
General funds 95,464 522,040 (534,254) (15,000) 68,250
Restricted funds 190,350 417,496 (531,410) - 76,436
285,814 939,536 (1,065,664) - 159,686

Page 29

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

18. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted Unrestricted Unrestricted Restricted Total
funds funds funds
2025 2025 2025
£ £ £
Tangible fixed assets 19,475 - 19,475
Current assets 73,522 194,526 268,048
Creditors due within one year (43,524) (125,365) (168,889)
Total 49,473 69,161 118,634
Analysis of net assets between funds - prior year
Unrestricted Restricted Endowment Total
funds funds funds funds
2024 2024 2024 2024
£ £ £ £
Tangible fixed assets - - 27,012 27,012
Current assets - 76,436 169,624 246,060
Creditors due within one year - - (113,386) (113,386)
Total - 76,436 83,250 159,686
Reconciliation of net movement in funds to net cash flow from operating activities
2025 2024
£ £
Net expenditure for the year (as per Statement of Financial Activities) (41,052) (126,128)
Adjustments for:
Depreciation charges 9,399 -
Increase in stock (2,035) -
Decrease in debtors 26,710 29,098
Increase in creditors 55,503 50,926
Net cash provided by/(used in) operating activities 48,525 (46,104)

19. Reconciliation of net movement in funds to net cash flow from operating activities

Page 30

SHINE LINCOLNSHIRE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

20. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents		 2025
£
236,217
236,217		 2024
£
189,554
189,554

21. Analysis of changes in net debt

Cash at bank and in hand At 1 April
2024
£
189,554
189,554		 Cash flows
£
46,663
46,663		 At 31 March
2025
£
236,217
236,217

22. Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £40,056 (2024: £33,536).

23. Operating lease commitments

At 31 March 2025 the charity had commitments to make future minimum lease payments under noncancellable operating leases as follows:

Property
Not later than 1 year
Later than 1 year and not later than 5 years		 2025
£
18,921
17,101
36,022		 2024
£
18,500
33,917
52,417

24. Related party transactions

There have been no related party transactions as required to be disclosed under SORP 2015 during the year ended 31 March 2025.

Page 31