Company Regtstration No. 11677892 (Énglaftd and Wales) Charity Registration No. 1188092 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021 *A489DFklR 07107r2021 COMPANIES HOUSE A25 #1r2 SHEILA COATES FOUNDATION {LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Tru$tees Mr D J Coates MrBPDelo MsSLDelo MsAKDuffy Mr J M Eiicson Judge V Mayer Company number 11677892 Charlty nUM￿r 1188092 Prfnclpal Addr•ss and Registered Offi¢e The Courtyard Shoreham Road Upper Beeding STEYNING BN44 3TN Independent Examln•r TC Group The Courtyard Shoreham Road UppÈr Beeding STEYNING BN44 3TN SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) CONTENTS P•9• Trustees. report Independent exarnintrfs report Statement of finanual aclivities Balance sheel 10 Cash Ilow statament Notes to the accounts 12 SHEILA COATES FOUNDATION {LIMITED BY GUARANTEE) TRUSTEES, REPORT FOR THE YEAR ENDED 28 FEBRUARY 2021 The Trustee5 who are also diredors of the tharbty for the purpo￿ of the Companies Act 2￿. pr￿ent t￿1r report with the financial statements of Ihe charity for the year ended 28 February 2021. The financial stal¢mants comply wilh the Charities Act 2011. the Cornpanies Acl 2Tr)6, the Memorandum and Artide5 of Assoaation. and Acctsunting and Reporting by Charihes", Stalement of Recommended Practice applicable to charities preparing Ihwraccounts in ac¢ordan¢e with the Financtal Reporting Standard applicable in the UKand Republic of Ireland {FRS 102) (effective 1 Januay 2015). OWECTNES AND ACTMTIES The i*aritsble obsects of Sheila Coates Foundation {SCF) are for the public benefil to advance Ihe education {including social and physical Irainingl and mentsl heallh of persons. espe¢ialty person$ under the a9& of 30 who have autism an related condition5 Ibenefiriariesl, by makiry grants and in such other way$ a$ the Irustees ￿ fft. SCF was registered as a c*arity in 2020 and established in the memory of the late Sheila Coates. Sheila was an inspirational creator of a seNce in Oxfordshi￿ for children with autism and related conditions. She led team of more than staff working wth 200 children in many host schools. The philosophy whKh Sheila engendered by her examplè lives on. re$￿cl and caring for èach chik1 and each fami￿. combined with a realism about their difficulties, a willingnes5 to explore new icjeas." developing the seNce lo addiess the daity ￿alIty of the children's problems". and giving staff freedom lo deNElop their own in￿aliVe5. Through SCF, our benefactor w￿ts to help youThJ people WTlh autism to be given every opwrtunity to athieve thei potential and thrive in society. The primary method of achievtng the tharitable obiecls is to fund qualfying inittatives in England through promoling and operating grant-making programmes. SCF grants provide opportunit￿ for young people 7Aryth aub.sm lo improve their skill$. 11 does this by allocating grants lo their s¢hool$ or eA)Ileges. Grant applicants are wuired to identrfy measurablè OLrtcomes which must ultimately impact over time on improve(1 leaming an¢Yor n￿ntaI heatth for young peO￿e with autism. SCF will onty furHI initiatives where Ihere is a dear ratwale. which show they are innovab"¥e and ¢re81ive. whith fuffil a need, and where impact can be dearfy measured. SCF does not want to repl¥￿te support or Inter￿tionS that are. or should be. statLrtorily provided. Instead. SCF grants help those working with aubslic young people to set up arThJ wn inib"abves that wll make a svjnfficanl difference over and above what is already on offer. SCF'S gTant-Ma￿ng is resp￿SIve to changes witlmn the education wider oymtexl. INhere there is a SperAr￿ or urgenl need. the trustees may aher the focus or approach to grant-making. Appli¢xnts must be a schfKA, College. or thereducatK)nal prokni$i￿ in Engla￿1. ar¥J work wilh young people wilh autism who attend these eslablishrrEnts. SCF funds initiati￿S thal.. help aulislic young peoF4e to tske pat f￿ in mainslream adivities Whe￿ ststulorily funded support is not enough help autistic yourvJ people to participate in after-school or outside￿￿je *iwities or study SUp￿rt help autisti¢ young people lo attend school through allem*"ve education prowsion irnprove aulistic young people's mental health and well_being. SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 Publlc benefit Thè tfusteès eonfim that they have taken into account the Charity Commisson's publi¢ benefit guidance when making decisions to wh￿h Ihe guidance is rdevant. Ths ￿Udes.. reviewing SCF'S aims and obJ"e¢lNeS anning the direth'on of SCF anning future activities setting Ihe grant making poliry. Our main actmties and who we ty to help are descJibed above. All our charitable actiwties focus on funding initiatives in England that enhan￿ the educalion and mental heath of young k)eople with aub.sm and are undertaken to further our chaiiiable purposes for the wblic b￿efit. Grants The grants policy sets oul how thè trustèès decidè upon SCF'S grant-making activibes, how these are undertaken, and trustees. roles in Processes and finarwl management. The eoard of Tnjstees delerynines the focus. size. b"ming. I(x)ge￿ty and relevant applicants for each gran1-n￿king programme in accordance with SCF'S chawitable objeth"ves. In dty.ng $0 rt takes into accounl its financial resources. rient need and Ihe need to optimise the impact of the gwl. All grantees are required to participate in a structured reporting process Ihroughoul their projects. This enab]0s Iruslee$ lo underst￿d how initiatives are prc¥3ressing and h(N4 SCF'S tharitable funLls are bein9 spent. Grantees, oports include progress against the agreed outcomes. and satisfactory progre55 reports are required before in51alrnen15 of the grant will bè released. When initialives end. grantees are required to prow%Ye an end of inth"ative impact report focJJssing on the ag￿ed initialiNe (￿rt¢(￿S. A sab"sf*ory rep￿ is required before the final payment of the grant will be released. 2020 121 Pllot grant.malEing progrnmme In April 2020 the Board engaged a part-bme Professional Adyiser to prwde support with govemance, online presence and grant giwng processes. This has been key to thè development of SCF'S grant-making actiwlYd5. Our 2020 121 ￿anI.makIng plot was planned and durww the first half of 2020. In addition to the central purpose ol awarding grants, a key aim ofthe pilot wa5 to test 41 aspects of ourgranl-making $Y$ten￿ and help u$ develop plans for the next stage of our granl-making acb"vibes. The application prO￿$S opened at the beginning of Juty 2020. vthen we in￿ted appI￿allOnS from Oxfordshire, Southamplon, Brighton and Hove/Ea$l Sussex. These are areas where we already had C4)niacls, where we were already aware ol need. We approathed s¢hool$, ¢dleyes and other pwsions personally to inwte lo submit applic*ion$. We re¢￿Ved seven applicat￿n$ from which the truslees deryded lo fund six iniliab"ve5 of be￿een £10,000 and £S0.000. The lo181 of grants awardèd was £204.￿1. Each inthative was planned to slart duriThJ the 2020r21 academic year and ending by 31 August 2021_ The COVID-19 Danderric has had a signrficant impArt rjn srhoolq bijt despite this, projects in tour oul of the six schools ale progressing well. It is Ihkely Ihwh Ihal at least two initiall￿S will need mor• tim8 to complète. We ￿11 use eviderKe gallwed during this ￿[01 to make changes before LaurKhiro any future large grant-making PTogrammes. SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 COVID response fund Rèports showed that autsstic people have tsjnd Ihe reslrictKJns and changes arising from the COVID-19 pandemic parti¢ularty leslirvJ. Although some autistic young people leh that time away frryn a sthool enwronment they find challenging was benefiual. many haw not Young peopk with auttsm say that Ihey have been 'left stranded, with littlg supwt. We ialked lo $chc¥Jls, autistK young people and speryalist ser¥i¢e$. They highlighted thr88 rnain areas where addilional funding could hdp. Mental health and well-t8ng Acce5S to remote leaming Transition ￿t0 or of secondary school To meet this demand the trustees designated a sum at the end olJanuary 2021 for a COVID-19 r¢$pon$e lund. The fund was for one-off awards of £1.(KKJ or £S.000 to mainstream secondary schoo15, cdleges or allèm3b.vè provision initsalfy in the 17 local authorilies of the East Midlands. South Yorkshire and Humberside. This was for short-leTm solutions which could be put in pla(% immediately_ This initiafr've was launched in mi&Febwary. promolet1 through a national fonjm for those working wilh young people wilh special educational needs and disabilities. We had a ¥ery 90¢4J response and paid out 35 awards amounting lo £107.C￿) in the ffirst halfof March 2021. Feedback to us from succes5fv1 applicants aboul the drff8rence SCF funding has made is expected by the end of July 2021. Websites SCF'swebsile was completed and went live in earty July2020. The website prowdes infomalion forany interesled reader as well as potèntial grant applunts. It offers information about the types of grant we will consider. how the application process works. the criteria used to assess applications and what Suc￿$$fUl applicants can èxpect durin9 their inrtiative. All applications for grants are submitted and pl￿essed using an online grant-maknng portal. We develot)ed this al the same time as the website and it went live in earty Juty 2020 ready for the first applicants to start their applications later that rnonth. The portal handles all slages of the grant-maknng cyde.. initial registrabon., a short eligibility questionnaire., the applution foThn'. review ofthe ap￿titIon deas1￿", inthti¥e planning and reporting. SCF'S website and the grant-maknng portal provide guides and Iroubleshooling do¢uments to help applicants at each stage. 11 also pthnts those accessing bt to any recent iniiiabves. suth as the COVID-19 responsè furKI. ACHIEVEMENTS AND PERFORMANCE In this. our first y8af, SCF'S aims were to establish an online we5ence. to pilot 8 grant giving process and lo pro￿de benefrts to a small number of autistic youn9 people. It has more than succe551ully achieved these 8ims. In the peri¢)d covered by this rewrt SCF h85 taken signfficant steps forward in developing the systems and infrastwcture required to enable il to undertake its grant-making a¢tiw"ties. The website provides valuable irrf0M￿tr.0n lo attract and infonn potential grant a￿l¢antS and wll be￿Ine the plarform lo promote the successes of the initiatives that have been luThYed. 11 is helping lo establish the pre$en¢e and namg of this new charity. 11 will become a central support for our communicatKJn actiwties wsth a broader audience of potents'al applicants. We ￿OgniSe the inve$lment of bme and effort in¥oW in an applicant submrtb.ng a coherent 8rKI $u4xessful application. We also know the time and effort involved in assessing poorly communuted applicats'ons. Consequently we have configured the application portal and the infomiation it and the SCF website to provide a high quality user experience. Responses in feedbad( questionnairesfrom users suggest we have $L￿￿ded in this and have prowded usefvl fee¢Jba¢k for us to act on to enhance th"s further. SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2021 Proiects that SCF has funded in the 2020 121 granl-making pilot have helped establishmerrts to make provision that goes abovè and beyond that which is slatutory. They will help aLrtislic young people lo access rnalwlslrearn education and improve their education. mental heallh or well-being. The number of autt5tic yourwJ people lo benefrt from these initiatives totals approximaldy 350. FINANCIAL REVIEW Income During the reporting period we have received donations fiom SCF'S benefactor lotalling £515.C(KJ. Of this, £204,900 has been designated to fund the 2020 121 giant-making pro9ramme and £107,¢X)O has been designated for the 2021 COVID-19 response fund. Grnnts The totsl value of the next grant-making programme has been set by the trustees lo be £210.000. This will be of a similar It￿1 lo the initial COVID-19 response fund. vrill focus on schjols in the South Wesl. Res*rve$ The trustees are working towards building reseThEs through good use of accessib￿ fvnd$ and investments. The trustees intend the tharity to maintain free uniestricted re&erbEs: to provide a level of wothn9 ca￿la1 that protects the c4Jntinuity of our work to provide a level of funding for unexpected opportunrties to provide cover for iisks such as unforeseen expenditure or ￿an11C1pated loss of irKome. The trustees will review the above criteria with reference lo the ¢hariW$ stralegy aNI Annual Plan and detemiine the tsrget level of free reserves to meet these. The trustees wdl at times designale funds from free rvserves for signrficanl prop costs, agreed grants or ￿placement of major assets. This has been the case with lunds for the 2020 121 pilot grant- making programm¢ and COVID-19 re$ponse fund. Investments The trustees have sel an investment policy to S￿ort the grant-making ad]"￿tieS of the charty. Any income from any investmenls will be rLwnvested lo assist with meets'ng the granl-making prryJramme. Trustees expect the investments to gèneratè a reasonable level of income. as Inco￿ fomis an important component of the overall total relum. The charity holds in cash SLrfficient funds to rr*et imfflediate &?sh.fl￿# requirements. Property The sale of the residenlial Property in Brighton was cowed in earty March 2020. and the inlerest-free loan w8S repaid to SCF'S benefactor. The Board followed the procedures in Seclicrf)$ 117 - 119 of the Charilies A(# 2011 in dealing with the sale of the propgty. SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2021 Rlsk management The trustee$ havè considered the maior risks to which the charity is exposed and have rewewed Ih05e risks. We PKtrld a risk register thal is updated at least annually. Where appropriate, systems or procedures have been pul in place lo miligale the risks the charity faces. These pr￿￿U￿$ are perK*Jully reviewed to ensure that they continue to meet the need5 oflhe tharty. Internal control risks are minimised by the implernentsb.￿ of pfc¢edures for autrwrisation of all transacti¢)ns and Projects. The tru$lee$ considw that the source of funds ￿lginating from another country poses Ihe charity's major financial risk. The Iruslee$ manage thi$ by ensuring fuThJing is ￿ plxe befofe erTthrking on any grant-making commitment. Our rnajor operalional risk was identtfieil duriThJ Ihe year. The abser￿e of OLtr Chair due to illness highlighted Ihe need to establish a se(xJre infrastructu￿ within the Board. We have M￿gated this risk by the establishment of sub- comrnittees. Plan$ for th• firtu When establishing the charity the trustees recognised the need to develop the size. ￿le arKI Complexity of grant- making programmes over a period of approximately Ihree years. The 2020 121 pilot wa5 the fir51 phase of Ihis evelopment. The trustees have cimsidered what activihes to undertake in the second phase. In the first round the majority of grants were for building or infraslrudure work. Ojr work on COVID-19 response has shNn us that support to improve mental trealth and rnanage anxiety aboul attending school will be requ*ed in the futwe. Trustees therefore intend to highlight these as aspects on which kKJssible applicanls could fcojs. STRUCTURE, GOVERNANCE AND MANAGEMENT Sheila Coates FoundalK•n (SCF) is a charitable company Irmrted by guarantee regi$tered In England an¢J Wales (Company number 116778921 and registered as a charity in England & Wales {1188092}. 11 has an exemption from using'Limrted in its name. Ils goveming dcumeni is rts memorarKJum aN18nths of assolialion. SCF has no premises,. ￿1 work is undertaken remotely. The Registered office is.. The Courtyard, Shoreham Road, Upper Beeding, Steyning. West Sussex. England. 8N44 3TN which 15 also the correspondence address. The directors of the Company are also ¢harity trustees as defined by section 177 of the Charities Acl 2011. Under the qU1￿mentS ol the Mèmorandum and Art￿e$ ofAssociation one third of ihe directors must retire from office by rotation ai each annual general meetirvJ. They may put themsel￿ forward re-electi1￿ rf eli9ible. The minimum number of directors is three and there 15 no maximum number. All trustees give their time voluntarily and none received benefrts frcrfn the charity. Any expenses reclaimed from the charity are set out in note 8 of the accounts. In ac¢ordance wilh the tharrtable Ob￿Ct$. the ¢hanWs work fo¢uses on young people. The Board of tru$tees seeks to ensure Ihal the needs of this gfoup are apptopriatety ￿ected Ihrough the diversty of Ihe Irustee body. Over SOQk of the curTenl trustees are experienced in Work with or in support of vulnerable young peo￿e. Additionally management, business and finance skills are well represented on the Board. In gn effort lo maintain this broad skn.ll mix. an annual audit oflhe sknlls ofthe members of the Btsard 1$ undertaken. This helps id8ntify any skills gaps and focuses efforts to recruit new Iru51ee5. In the event ol particular skills being lost due to retirements. or the need for additional trustees, individuals are approached lo offer themsefves for elect￿ to the Board. Board meetin9s are held every two ￿￿)nths. During the reFrfYting Per￿ all bLrt one Board meeting was held online. in accordance with Artide 41151 of the Artides of Ass￿latiOn. This was as a consequence of COVID-19 restrictions on rnovemenl. 11 has not prove¢J limtts.ng lo getb.ng business done bLrt it ingwtsbty loses the valuable opportunity for the other aspects that otherwise result from face to face meeb"ngs. SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 The diTeclors who held office during the Period arKI up to the date of Signatu￿ of the ffinanoal stalemenls were as follows.. Mr D J Coates ￿p￿nted 14 November 20181 Mr B P Delo (Appointed 14 November 20181 Ms S L Delo (Appointed 14 November 20181 Ms A K Duffy IAppointed 9 May 20191 Mr J M Eric50n (Appointed 7 July 2020) Ms M V Hartshome {Appointed 5 Ociobei 2019 and resigned 9 April 2020) Mr S E D Worthington (Appointed 8 October 2019 and iesigned 8 May 2020) Judge Vera Mayer {Appointed 20 October 20191 Trustèè Inductian and Trnininy The Chair of Twstees and 8usiness Man4ef a￿ on hand to supwl new truslees as Ihey settle into their rtsles. New trusiees are provided wilh dOcuff￿ntS and briefiThJs to famiharise theffl with the and the contexi wilhin which il operates. This covers.. Charty Commission Charity tN$tee welcome pack The Charity Govemance Code In housè presentation - Trtjstees rde$ and re$ponsits'litres The chafty's 51rategy document The Mernorandum and Artides of ass(Kiabon Recent Board meeting minutes Most re¢eM staiutCKy a¢LyJunts During this year we held a successfvl strategy and p￿nrIng 'away day. and inlend to repeat this when COVID restrictions allow. SHEILA COATES FOUNDATION (UMITEO BY GUARANTEE) TRUSTEES, REPORT ICONTINUED) FOR THE YEAR ENDED 28 FEBRUARY2021 Th*t•M' IMp¢)n￿b)Illle* In to awJunts Thetnjstees, diTeo*of5 ofSh*la Coates Fa￿d#(￿* fortr*purp)ses ofcompany l&w."ore responsibk forweparin9the Truslees. RepJt arvj fin¥Ki• statemerts Di ￿L￿)[danCey*￿1h aFpliCa￿e lartand United lfjngdom CeMpany18w requlres the trltstees lo prepare finanrial slatements for eath financ4￿ year gNe a true and far view of th& state of affars of chaity ef ino)nwng resour￿ and ap￿￿al￿ of Te8ources, indudirvj the IncoFM and axwditure. of Ihe charit*Jkn forthat yew. In prep￿ng thes• finanLyal statemerts. the tsustees •r• [eryi￿1 Its:. Selert 5uitsble attounling then aKWy Ob3erve ￿ mèll￿d$ and prirtiF4es in the SORP, Make judgmènts and astimatss that 8de rnasonabT6 aTrJ wud Statt vth•ther a￿￿atIe UK actourtj.ng standards have folky*gJ, SW to ary rnaterial depwUJres dssdo8ed explgined in ts fiTraTri* 3tstemerts: and p￿pare the finaTKA st*emtrts on Ihe l>a*is urkn it il iMPF*qJri* to F*èsumè that thg tharty wll o>th'nu¢ tn opeffjkn. y tsme 1kn8rriai ofts ¢*aiity a￿1 enab* Ihem to enswe Il*Its￿ finJTr74 ststernerts ￿Mpty the Company Act 20C6. The we 8150 reSP￿sIble for 5alEguardin9lhe assets olthe th81ity and heft¢e for tsking Thvd repJrt hasbeen piep¥¢d in ac¢(vd¥tt*lth trtSFeoal ry0￿10￿ ofPart 15oflheCornparAesAd2CI)6 relab"n9 to 8mdl rMw8r¥e$. z6/Éiz.i...... Approved by tha bcwd ￿ ....... . . . On bel*ff ofthe iwrd oftrLXte•s Tn*ts• SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHEILA COATES FOUNDATION I report to the chatity Intslee$ on my examination of the ac¢ounb of the Charitabk Company forthe year ended 28 February 2021. Responslbilibes and basis of report A$ the charity's Iruslees of the Charita￿¢ Company land also its diiectors for the purposes of company lawl you ar8 responsiblè for the preparat￿n of the a¢¢ounls in ac£ordan¢e wth the ￿quirements of the Companies Act 20061.the 2006 Act'i. Having sa1151ied myself that the accounts ol the Charitab￿ Company ale not required lo be audited under Part 16 of the 2￿6 Act and are eligible for independent examinatTrtrn. I report in respe¢t of my examination of your charity's accounts as carried out under seclion 145 of the Charits'es Acl 2011 I'the 2011 Act,). In carrying out my examination I have followed the Direciic￿s given by the Charity Comrr#ssion under section 14515) Ib) ofthe 2011 Act. Indop•nd•nt examlnerf$ $lat•m•nt Since the charitable company's gros$ in¢ome exceeded £250.000 your examiner must be a member of a body listed in se¢bon 145 of the 2011 Act. I confim Ihal l am qualffied to undèrtake the examination because l am a member of the As50uation of Charteret1 CerDfied Ac(x)untants. whith is one of the lisie(J bodies. I have completed my examination. I cLfflfirm that no matters have come to my attenti(￿ in connection wtth the examination gimng me cause to believe.. a¢¢ounling records were r￿1 kept in respect of tr* Chanwle Company as reqUI￿d by section 386 of the 2006 Act., or the a(￿UnIS do not accord wilh those reoyd5.' or the accounts do not CoM￿Y with th8 accounting requirements of section 396 of the 2006 Act olh8r than any requirement that the accounts give a'In￿ and fair View vthich is not a matter considered as part of an independenl examination,. or the accounls have not been prepa￿￿ in a¢¢ordan¢e wth the methods and prinoples of the Stslement of Recommended Pr8di¢e for ac¢ounlirtg and repo￿"n9 by chawits"es. I have no ¢oncems and have come across no other mattefs in Connec￿On with the examination to whi¢h attenlion should be drawn in this report in otder lo enable a proper understsndmig of the a¢cp)unts lo be reached. Mark CummSns FCCA FCIE On behalf of TC Group Office.. *eyning. Wp8t Sii*8px SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2021 Unrestiicted Desryn•ted funds funds Totsl 2021 Totsl 2020 Income fro"rn: Donalicx)$ and lega¢ie$ Investment Ir￿On 565.000 565.000 135,228 20 Total incoffle 56S.000 $65,000 135,248 Expenditure on: CharilaiAe activities 131.267 204.91x1 336.167 135.364 Totsl gxp¢nditurv 131.267 204.900 336,167 135,364 Net income 433.733 1104.900) 228A33 {1161 Transfets bthleen funds 13 1311.900) 311.900 Net mo¥èmefil In funds 121.833 107,000 228.833 Recon¢iliation of fund$ Total funds brought foNtsrd 1116) Total funds c¥rri•d forward 14 121.717 107.ODQ 228.717 {1161 Th• Statem•nt of Financial Actiwti'es also complie5 With the require￿￿￿ for an irwjme and expenditu￿ a¢¢ounl under the Companies Act 2￿6. All aclivities are dassed as ojntinuing. The￿ are no re￿gnIsed gains or losses other than those re￿rted on the Statement of Finarrial Actiwlies. SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) BALANCE SHEET AS A T 28 FE8RUARY2021 11 1.510,334 Currnnt a¥•gts Cash at bank and in h8rrfl 20.475 ,475 cr￿110￿. 8rnounl¥ fvlllthg t￿In ¢ne y••r 12 11¥018) 11.530.92S) N•teuThnt IlabHItI•• 228.717 11,510,450) 22Q717 11181 Thtr fvnds ofth? clmrtty: 14 13 121.717 107.000 11161 2•717 11161 For the finanuaS year in questson the o)m￿ ¥As to exern￿ uThJer 4T1 of the Compan Act2￿ relabng to small cOrnpan￿. Nomemt¢rs have r8wifydthe cornpanyto c4rtain an audit ofits 8ccouTrts f¢Ttt* year in quesb.on in acc¢xdarLe sKb"on 476 oflh8 CcthpanbèsP£i 2[￿. thI¢#tsTS ac4tnty%lethJe th•ir mws1￿litY for oynthvvj wilh ts Arl ￿ re5pecl rec4)rd6 aThJ for wgpaiatityi of The8e firra￿al 81atwnerts been prnpared *ith ts sp￿)￿ prD¥i8ws ol P•t 15 ofthe Comsianies Aca 2C￿ relèfr.ro to small compan￿$ the onl4￿ fjn8rtad 5tthjn￿ requi￿￿ by the Cornpantes Ad 2LK6 are ts c4ruJlation ￿ moryth ofthgoynpariy. The ￿C￿￿￿￿ere arV0￿d tylhe Board I￿. 2616111 MsAKDuffy Tnthe Cofflpany Reglslrnllon N¢x 116rn92 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) CASH FLOW STATEMENT AS A T28 FEBRUARY2021 2021 2020 Cash flows fr¢m opernting a¢tlvltles 1S 11.136.734) 1.530,809 Cash flows from investing a¢tivitiès Purchase of ￿￿Operty, plant and equiwEnl {1.510,334) Pro¢eeJnised in Ihe period in whwth Ihe ests"rnate is remsed. The Iruslees do not eonsidèr that there are any crittsl estimates Lv a￿0$ of judgement that need to be brought to the attention of the readers of the finantsal statements. 13 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2021 Income from donations Unrestri¢ted Oeslgnated funds fund5 Totsl 2021 Tolal 2020 Donatson5 $65,000 565,lJOO 135,228 S6S.O 565,000 135.228 Income from investments Unv•slyielod Deslgnated funds funds Total 2021 Total 2020 Bank interest reCeiVa￿e 20 20 Total expendi￿re Other costs Grant fvnding Total 2021 Total 2020 Expenditure on charitsble a¢ti¥ili¥s Admlies un¢Jertaken diredy SupFKffi costs 113,958 17,309 204,￿0 318,858 17.309 133.564 1,800 Total charitable activities 131.267 204, 336,167 135.384 Anatysi5 of support costs {including Governance costs) Totsl Tolal 2021 2020 Governance costs". Legal and professional Independent examinerfs f8eS 15.209 2.100 17.309 14 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS ICONTINUED) FOR THE YEAR ENDED 28 FEBRUAR Y 2021 Grnnts payable Total 2021 Totsl 2020 Secondary school. Southampton Se¢ondary school, Brighton & Hove Secondary school, East Sussex Secondary scho￿, Oxfordshwe Secondary schod. Southampton se￿ndary s¢hod. Brighton & Hove 39,000 41,000 46,900 so,000 10,000 18,IXID 204.900 During the current accounting perirA all grants were made to institutions. Comparative Funds- Statement of Financial Activiiies for the Y￿reDded 29 February 2020 All income and expenditure in 2020 was ￿n￿tr1ded Trustees No Iruslee5 recwved any ￿n￿neration diredly the charity in 2020 or 2021. SCFS benefaclor donated £515.00012020.. £135.228) lo the Charrty durin9 the year. Expenses tolalling £256 were ￿[thr5ed to Iwo Iru51ees (2020: tn4slee$ lotalling £289). Payments totalling £21212020.. £nil) were made lo Voipfone during the year. A company ￿-Owned by the spouse of A Duffy. Employees During the year there were no indmduals diredy efryloyed by the tharity. other than the directors. No directors received any femuneration directly frcxm the ¢harity in 2020 or 2021. 10 Taxalion As a tharity. Sheila Coates Foundation is exempt from tax on income and gains to the extent that these are applied to its chariiable objects. 15 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 28 FEBRUARY 2021 11 Fixed As$ets Land & Buildin95 Totsl Cost As at 1 March 2020 Disposals As al 28 Febwary 2021 1.510,334 1.510.334 {1,510.3341 11.510,3341 Depreciation As at 1 March 2020 and 28 February 2021 Net book value A$ at 1 March 2020 As at 28 Febwary 2021 1.510.334 1.510,334 12 CTrdfitorn: amounts fa116ng due withln one year 2021 2020 Trade ue11ilors Other loans 720 1,475.000 Accruals and deferred income 133.328 55,925 134.048 1.530,925 13 Dtsignatèd lunds Movement in fvnd$ Balan¢e at In¢fming Resources 1 re¥ouffes ¢ynded 2020 Trnnsfvrs 8alance at belween 28 February funds 2021 Pilot scheme COVID ie5ponse lund 1204.9001 204,900 107.000 107,000 1204.9001 311.900 107,000 Pilot Scheme At the beginning of Juty 2020, we personally inwled schools. colleges and other provisions in Oxfordshire, Soulh8mplon. 8righlon and HoveEasl Sussex lo submrt applications for the 2020 121 grant-making pilot. We received seven applicab.ons from whi(th the trustees deaded to fund six initFati¥es of befften £10,0(KI and £50.000. The total of granls awarded was £204.900. In addit¢on to the central purpose of a4vardiNJ grants. a key aim of the pilot was lo lest all aspecas ol o granl-making Systems and help us develop plans for the next stage of L)ur granl-making adivib'es. We will Use ewdence gathered durin9 this ￿.101 to make changes befo¥e launching any lulure large granl-making programmes. 16 SHEILA COATES FOUNDATION {LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 28 FEBRUARY 2021 13 Designat￿ fvnds {¢onlinued) COVID re$ponse fund The Iwstees were aware of ￿earch $hiMing that autistrc people have found the restrictions and changes arising from the COVID.19 pandemic part￿Ul81￿ tèsting. They allocated a sum for a COVID-19 response fund one-off awards of £1,000 or £5.¢)00 to mainstream secondary schools. colleges or aftemalive promsion initially in the 17 local authoritses of Ihe Easl Mhllands. South Yorkshire and Hurnber$Trde. This was for short-tèm soluts'ons in support ol.. menlal health andwe114)eing: a￿2$$ lo remote learning.. transition into oroul of secon¢Jary s¢1￿1. which could be put in place immediately. We had a very good iesponse and pai(J out 35 awards amounting to £107.0fy) in the first half of March 2021. Trnnsfer between the unre$tri¢ted fvnd and the desigDaled fvnd The transfers represem funtls rin9-fen￿ by the charity for specfft projects. 14 Analysis of net assets between lund Un￿stricted Designated funds funds Total Fund balances at 28 February 2021 are represented by.. Curnenl as$ets Credilors.. amounts falling due within ￿e year 255.765 {134.0481 107,000 362,765 {134.0481 121.717 107.000 228.717 All funds in 2020 were unrestn"cled. 15 Net ¢•$h inflowllouffiowl from 0￿ratiTh￿ aclt¥ltles 2021 2020 Net in¢omellèxpenditurel Loss on the Sale offixed assets Increasel(decreasel in creditors 228.833 31.310 11.396.877) 1116) 1.530,925 11.136.734) 1,530,809 16 Ultimate controlling party The ¢harty was under the control ot the Trustees dwing Ihe period under rewew. 17