Company ReglstRtlon No. 116TI892 {England •nd Wal¢s} Charlty Reg5stration No. 1188092 SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 •AD71B8UJ* 10107r2024 COMPANIES HOUSE
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SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Mr D J Coates Mr8PDek) M$SLHarris M$AKDufy Mr J M Ericson Judge V Mayer Company number 116T7892 Charfty numb•r 1186092 Prineip#l Addrnsg and Règlst•r•d Office The Courtyard Shoreham Road UpFei Beeding STEYNING BN44 3TN Independent Examiner TC Group Thè Couttyard Shoreham Road Upper BlirJ STEYNING BN44 3TN
SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) cOrENTs Pag¢ Tnjstees. report IndeperKJenl examins repmyt St¢ment offinawal adivilies 10 B8]ance $he¢t Cash flow statement 12 Notes to the accounts 13
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES, REPORT FOR THE YEAR ENDED 29 FEBRUAR Y 2024 The Trustees who are also directOTS of the chanty for the purposes ofthe Companies Ad 2TrA, present their ieport th the finanal statements of the charity for the year ended 29 February 2024. The finanoal statements compty with the Chariiies Act 2011. the Companies Act 2c, the Memorandum and Artide5 of A$so¢iation, and Accounting and Raporting by Chariti"es". Statemenl of Recommended Practice applicable to charttie$ preparing Iheiraecounts in accordancevthh the Finanoal Rep)rtry Star#Jwd apicae in the UK aThJ Republicof Ireland IFRS 1021 (effective 1 Janu¥y 2015). OBJECTIVES AND ACTIVITIES The ¢hariiabte obse¢ts of Sheila Co*es Foundatton ISCF) a for the publi¢ benefft to advance the education linduding social and physical Irairningl and mental heallh ol persons. esFrfKI1ty persons under the age of 30 who have autism and related cdl5 Ibenefi¢iarie5). by making granls arKI in 5uth otherw¥ys as the ¢mstees see fit. SCF was registered 8$ 8 ¢h8rity in 2020 and established li the memory of Ihe18t¢ Sheila Coates. Sheila was an inspirational cwtor of a seThice in Oxtord5hire lor Chfldn with ¥utism and lated conditions. She led a team of more than staff working with 2rx) thildfen in many hosl schools. The philosophy whith Shela engendefed by her example lives on.. respect and caring for each child and each family cortjinèd wrth a realism about their difficulties." willngness to eXore new idea5.' develowng the to address the dwly realty of Ihe thi1(In'S prot4ems.' giving staff freedom to develop their own inilptive5. Through SCF. our benefactor W15 to hew young people tmth oub.sm to bè given every opportunity to achieve their FOtenti81 and Ihrive in souety. The primary method of aGhieving the tharilabte obieds is to fvrbj walfyt-ng inrtiatives in Engtand through promting and operats'n9 grant-mOTr9 pfogramrnes. SCF does not want lo plicate SUKWI or interventions that are. or should be. statutorily provided. Instead, SCF grants help those workin9 Wrth autistic young people to Set up fun In"3e$ that 11 make a significant dIffenCe over and above what 1$ alrtsdy M offer. SCF grants provide opporlunrfi"e$ for ytyJn9 people with autism to impfove their skills. It does this by allocating grants to Iheir s¢hools or cdleges. Grant apicants are required to identify measurable outcomes which musl ultsmately impad on improved leaming andlor mèntal heatth for young peOe auiism. SCF will onty fund inilNalives where Ihere is a dear ratiwle, vthich shcffAT they a innovatNe and creative, whith fulfil need. and whefe impact Can bg dearty mgasured. SCF'S grant-making Is reswisbV• to chan9ès wthin the education and wider context. Ithere there is a specrfic or urgent need, the trustees may alter the focAs or approach to grant-makin9. Applicants must be from a mainstream Sch1, college. or olher Mainstream4 educational provision in England, and woth with young peoplè wtm aukn.sm who attend these establishmnts. SCF funds initiatNes Ihat: help autistic youn9 people to tak8 part fully in mainslream ac11ti&S where statLrtority fLmded support is not enough help a(rtislic young people to particapate in after-school or oulside-Cf)Ilege actNlties or SdY support help auli$li¢ young people to attend sthwl through attemats.ve eduob.on prw$i¢)n work with families to support sch1 or colle9è attenda8 and leaming improve autislic Yng peopk's mental heth a1 well.b&ng.
SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 Pth14e benefit The trustees confinn that they ha¥e taken into account the ChaTity Cormlissh'S public benefft guidance when makin9 decisions to whith the gdan is relevant. Thi5 incJd reviewing SCF'S airns and ¢bie¢tives planning the direction ol SCF planning future aLviis identifying and managin9 risk setting the granl-makin9 [IcY. Our main activities and who we lry lo help are described above. All our tharitable activib.es focus on funding initiative$ in England that enhance the e(lucaty"on and menlal heatth of JrJurvJ peOe with autism and are undtrtak8n to fvrthr our chantsble purposes for Ihe public benerrt. Our grants policy sets out hcmf the trustees de(ide upon SCF'S grart-making aCti¥e$. hw these ar¢ undertaken. and twstees, roles n wocesses and manage1Trrt. The Board of Twustee5 determines the foujs. srle. timing. kngevrty and relevant applrcations for each grant-making pro9ramme in accordance with SCPS charitable obiectives. In &J"ng $0 it takes into a¢¢ount its financial re$¢)ur¢e$. Uent need and the need to opb.mise the irnpact of the granL Ra fund The main route for SCF 9rant-making is Ihrou9h re9Llar'ra"tI iiiwact funds.. where small awards are given direcuy to mainstr¥am s¢condary schools and cdleges. Previously known as rapid rEsponse rouThJs and developed originally to allow schod$ arKI colleges to sPond quickty to the impact of the COVID.19 pandemic, small scale rapid impact funding rounds hav8 proved to be hugety benefla1. For schools and colleges they are a practical and manageable way of resouran9 much-needed activities which delNer impad for auiistic sludents afterjust six month5. The focus of each rapid irnpacl round 15 based on desktop research. on diU$S1on with schcols and $peciali5t Ser$, and with autistic young peopk themselves. Through this approach. SCF has been able lo hKJhlight the areas wh•r• 8ddrtional funding can help and makethe most imp•X. This ha3 devdored sincethe rep# Imp round$ were intrtsauced in 2021. A key priorty throughwl Mental health and well-being. 71Yh of autistic young réop experience mental health PreMS such as anxiety, around four tsmes more likety than theif peels. One in every len children who acrkss Child and Adolescent Mental Health Seryices ICAMHSI has autism. Young peoe'S mental heahh suffered particylarfy a5 8 result of the COVID-19 pandemTr¢ asthèy sliuggle(I lo managethe anxth assoryated with th98 and disnjpled l•aming. This anxiely remains foi a nurnr of st4bJants even though the Pandern has ended. Con5i5tentty important since the pandemic. and to address its long-term impacts W+Jking with famil$ Access lo rernoie leaming Transrtion befven home and schty)l or ¢olle9¢ Awareness ol autism Rèlèvant in the contexi of econofflK 8nd challeryes facing xthools and colleges Access to specialist inlerventions Do10p1ft9 autism expe.$•
SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 To ensure SCF ful5 targeted areas of most need. sthools aThJ cole9es were aLvely enuraged lo ¢on$ull 7rilh work with autisti¢ young people. This also rellects SCF values. Since starting in 2021 trustees havedesignaled £1.363,WO fw rapid resnse or impacllunding. This amount has fvnded seven grant-making rounds offering onerf awards of £l.C(K) or £5,(K)O to mastreaM secondary sthools, ¢ollege$ or other mainstream-based prows1. SCF rapid impact funds are for short-term solutions which can be put in pla¢e immediately. Awards lotalling £411,0 were pad during the year to 29 Febwary 2024 and this covered hyo such rounds: the end of the sixth round and the launch of the seventh. These funding opportunities were prorrKJted thfough a natN)nal fowm for those working with young peOe with speoal educalronal needs and disabl1e$. Local adwsory services and nelworks were s0 cnjual in ensurin9 knowledge of SCF lundin9 was shared direclly with sChIS and colleges. In March 2023 we completed the sixth SCF rapid impact fund. 49 schools and cdes in the East of England receTved £201,(MJJ so that they could add$S pressing issues facing atsts'stic students. We Jso cdlected irnpad information, induding impact statements from all sckds and detailed data from a representative sample {see'lmpact reportiTrJ' below). The range of acamties and reSoUeS ftjnded is ilmnse. with schools and coles proposing creative inibatives many ol which actNely invdve autish'c young people. Around a half of awards have funded safe or sensory spaces. helping autistic young people manage the busy secondary environment to engage with leaming. FurHling additional staff lime has proved impactful,. our fvnding often en3e$ sthools to run (4Jt of school activities wjch as lunch dubs. We hear how attendance at dubs increases giwng autistr students the cOnfvjen to in . Whole-school activity whith involve5 mulliple departrnents is encouraged and it has been encouraging to see how far a £5.(Y30 award can stretch. Where we can fund gjpport in every classroom. autistic students ian more easily wale and so leaming 1$ maximised. This also helps non-auiistic peers become MO aware and xcepling. This year we have funded [re training and developmenl. Where this has invd¥ed autistscsludents, for example in making 8 filrn sharing theirexperien¢e$, the impad has been broad- influencing teathing and leaming as well as raising awareness of aubsm. Our seventh rapid irnpact fund was launthed in September 2023 in the 19 I(1 authgrity"e$ of t Soulh East region of England. As previously. Ihis fund aims lo address aulistic young peoples, rrentsl health and well-being, and to fund training and devdopment initiabves. As well as this, for the firsl lime. we have asked 5ehools and eollÈge$ to identify speafic groups of aulistic young peop need additional support. This may be autistic girls, tho$& making the transition into secondary education or orwards. or those lakirJ exams_ The positive response. and wide range ol proposals refleGls a continuing need. Thi5 yearwe have given £210,¢M) 19 54 schools and colle98s which aims to support 2.512 8{Jlist young peoplÈ_ The launch of Ihis seventh rapid impa¢1 fund means wè have lunded all seven geographic regions in England. We plan for our eigh¢h rapid impad round lo bE nab"(¥wl. To support thi$, we iecognise the need to Iransfom SCF communications by developing our tsutsyard-fating preser and in¢reased &bilIty {seè'Communutions' below). We also identified the nèÈd to automate kèy aSFeds of our grants management systems whth are ojfrently very manualised. This will enable the SCF team lo mana9e the potential intxease in applications 7thith a nab"LN)al fuThJin9 rOd COLbld generate. We researthed afid wnsulted on a 9ranl$ mana9emenl package v*thKh would surt SCF'S growing ne8ds. We also drew on our prlouS exrienCe of working wilh an intematbon81 tsrganisatn that prded a suitable seNice at thelime. After meeting with represenlath.ves and trialling a number of approathe5. we made the dery5ion lo ¢omffu$sion a spe¢ialist sollware devèloper used to working in thè non-profit $edor. Thèy have started to work wrth us to construct a bespoke system, tailoring this for managing SCF grant-mthn9. Thi$ system will be buitt in b"rn¢ forth• launth of rapid iff¥Jact fund •igM in April 2024.
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 AII SCF grantees a requiied lo repyt M Ihe Mnpa¢t of SCF fundirwj. whi¢h enabfes trustees ¢0 understand how in1tial¢S progressing arKI SCF'$ tharilable lunts ¥re beirb3 spent TW a asked to report Mi two way$.' All granlees submit an impact statement aftersix rTr)nths indirating many auts"sticyoung peopFe have been supported. and mu¢h differenrx the fvnding has made. This provides a genèral mèasure ofthe impact of SCF funded actiwty. In rapid impact fund six and seven. a representative selection of grantees (around 20 succes5fLJI applicions in eath roundl COMpted SCF impad measures. SCF inycl measures are siryle-lfyu$ rating s¢ales which measure student engagennt and well-being to ect SCF aims. Schools and colleges submitted dats befo funded aclivity started. This was anafysed and fed bac to schcds and colleges in the fom of charts and tables. The measures are repeated after 6 months and anatysed for compari50n to show a more Iocu$8d impa¢t of SCF funded tsty. This year. analysis ofdata from IMpt staterrtents relating to rawd response fvnds five and six shows that SCF funding makes a significant impact to schools. studènts and to staff. In these funding rounds 100% of schools and colleges reported an impaci afterjust 6 months. Analysis of SCF measure data from these funding rounds also showed thal over hawofstudents {57%1 taking part in SCF funded activitylett more engaged wrth learnirvJ, and studentswere less anxiou$ around school. Over haff156%} of ratings a(x>ss a rarvJe of situations showed reduced anxiety after SCF-fvnded activity. A summary of the impacts and illustralive Ca studi•s can be found on the'lmpact. page of the SCF websile. A second impact report. refiecting the inyjact of raFid impad rounds betren 2021-2023 and induding data Irorn the newly developed SCF wnpact Measu$. gves nMYe detaibed impact infomiation aThJ can be found on the SCF website. Communications To deliver a national funding round, a communications strategy has been eloped signalling 8 shrft in the way we inlend engaging wilh our stakeholders. We have nSidered ow targel audiences rnessa9es. and have boked at ways lo rnaximise the impad of our comrnvnicat1s. SCF w¢b$ito SCF'5 websrte pro¥ide5 inforrnalion for any inlere5ted reader as well as polential grnrbl applirants. Thi$ has béen the main vehide for communicating information about SCF induding the types of grantwe 11 ctsnsider, howthè applubon process woths. Ihe rJiteiia used to assess applirations and what successftjl aOicants can expect. This year w¢ have carried out a complete re¥i•¥ and wfresh of the SCF websrt•. InlomatKJn about thè SCF pilot programmè has been rèmovèd. and othèr pages havè bèen Updat to reflect the scope and impact of SCF'S work. as well as the most wrrent funding rounds. In the period rA)vered by thi$ port, we developed a design and specffjication fof a new web page for a monthly SCF blc¥J. This was implemènted in March 2024, rèady forthe build up to the taunch of rapsd impad fvnd eight. Soclal medla Our webte-based approach has wrmked for smaller. foujsed wion81 fundin9 rounds bui offws challenges with o nab.onal round. In the Feriod covered by this report. we developed plan5 to sel up SCF Social media accounts on tho ¢hannels most frequenlty used by schcd and Colge staff. We Cated a Schedu of p05ts and focus reflecliny thè phases of rapid imp8¢t fund eNht. aThJ started social media activity in Marth 2024.
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 Achievements and perforn?•nce In the period covered by this report SCF has continued management of short. rapid-respty)se round$. which have been well received by the reopients. Wrth the exceplion of one donation of £250 the sowce of our funding has remained pred0m1nanY the same. How8ver, our marn benefactor now delNers philanthropy via the Charities Aid Foundation ICAFI and we have developed a prc¢ess for secunng furxls through this means. Having previously made an agreed atterakn.on to Arb"de 41 of the Artides of AssocIali. trustees have Continued lo ¢ondud ThtIng$ in petson. (x)line ty as a hybrid of the two. SCF has responded proaciively to support your¥J people, their schcds and colleges. 8Slhey settled back intoeducalion after hxkdown. At the end of the reFth"n9 year we achieved tyjr aim of c4)vering all regions of England. Proied$ that SCF has funded in the 2023r24 grant-making rounds have hdped estsblishmenls lo rnake provi$ron that goes ab)ve and beyond that which is statutory and to ¢rEet needs that have speriftally idenb.fied by mainstream edueation pmwders. We have conts.nued to recei positive impact reports and are particularfy pleased to have Comments from ytsJn9 people who express their appreuatKJn ofthe work that SCF has funded. In tum we ackn¢)wled9e thè time and dedicats.on given by seltings, staff in identifying and worknry with to meet the need5 of their stLKlent group$. Having used a simplified apptatI1)n sxoeess forsmalkr-scale regional funding rounds. the intenbon to offera naliDnally- focused grant round has led u$ to move towards a nx)re automated system of application and funding. Trustees hav& agreed an expansion of our communications approach in order to extend our reach even further. Financial review Income During the reporting period we rec81d a donation from SCF'S main benefactor Of£250,c and a £250 donation from the charty's bank. From these, £210.OC(J was designated for the sevÈnlh rad in4>ad fund. Rese The trustees are working toward5 budding reserves though good Ltsè of aceessible funds and 4nvestrnents. The Iruslee$ inieThJ the ¢harrty to maintsin fw unr8stridèd resep4es'. to provide a lev&1 of working cay.tal Ihat protects the continuity of our work to provide a level of funding for unexpected opportunitses to pfovide cover for risks such as unforeseen expendituo or un#ntTrupated loss of inumne. Th¢ trusttes will r1 the above uiteria wilh relereKe to the dn$ strategy and Annu81 Plan and deiermine the 18¥get level of free reserves to meet Ihese. Al the end of Ihe reporting p¢riod. th¢ charity$ resw¥es were £128.073. The free reseNes were £128.073. The trustees will at times desrgnate funds from free reserves for s1gnffint propd costs, agreed grants or replacement of major a$sel$. Thb$ rtas been the case wth fvNJs fcy all of Ihe chanS 9rant-making programrnes.
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 nv Cuffrently, thè charity hclds M inv•slmÈnts. H¢)w1, in preparaknfor invesb"n9. the trustees have setan investment icy to SUPPOrt the grant-maknng acl"viti"es of the tharity. This provides for any corre frixn any investments lo be rwnvesled lo a55isI with meeting the grant-making programmes. Trustees expect any inveslments lo generate 8 reasonat4e level of in¢4)mè. as income foms an nportant ts)mpMent of the oveTall totsl tUrn. The charity hohjs in cash suffJc¢ent furKls to meet immediate ca5h-firy4f requirements. Led by the govemance uJmrThttee. trustees have considered the map)r risks to which the charity has been exposed. have reviewed Ihose risks and where necessary taken the appropriate tiOn lo address them. We hold a risk re9i$tèr Ihat is updated at leasl annualty. Our prttedures for risk rnanagement are periodically reviewèd tts ènsurè that they eontinue to meet the ldS of the drity. Intemal control Tisks we minimised by the implementation of procedures for authorisalion of all Iwsactions and projects. The risk identified last year offunds originabng from abroad. has been reduced as funding is r received frorn CAF. However, trustees conlinue lo ensure that fuThJing is in place befo embarking on any grant-maknng commilmenl. In previous years. response has shown Ihat our work on COVID-19 response made a swjnificant irnpacl in $upporting education staff ¢0 manage hwjh levels of anxtety for young people bjth in and of sch¢K>l. This yèar we havè been ¢n5uous Ihat lrfe has rnoved on for many young people wrth aulism bui they cvntiwe to face thallen9es in their day- ttrday lives. We have therefore continued to ernphasise support for ryntal health in our grant-gNin9 and foresee that this wll rernain a need in fLrture years. In Ihe meanD'me. Irustees have worked together to scope out our future stafhng needs. Based on ourv81ues. we have reviewed the structure of the fo¢JndatKJn's stsffing and leadership. Two substantive appoinlnwts have been m8de and we are hoping to recruit a new execuiive lead during the coming year. This will enable us lo exlend our rang¢ and influence issue5 affecb'ng young people with auts.sm in lulure. Strueturo, gov¢man¢o and manog¢m• Sheila Coales FoundatTron ISCF) is a charitawe Company limited by guaranteè registered in ENJland and Wales (Company number 116776921 and registered as a tharity in England & Walès (11880921. It has an exemption from Using'Limiterf in its name. Its governing docurrent is its memorarKlum and artides of asgxiK)n". incorporated on 14 November 2018. as amended by Special ResolutLon 4 FeLYuary 2020, as amended by Spotyal Resolulity) M 2 June 2021. SCF has no Premises". all work is undertaken rernotely. Thtr Registered office is.. The Courtyard, Shoreham Road, Upper Beeding, STEYNING. BN44 3TN which is also ts oyresF)ndence addre55. The directors ol thè cornpany are also tharity Irustees as defined by secb.on 177 of the Charrtie$ A¢t 2011. Under thè requirements of the Memorandum ar Artides of A5KKaation one third of the direclors must retire from office by rotati¢)n al each annual general meeting. They may put themselves fryward for re-eleoion rf eligible. The minimum nurnber of directors is three and there is no maximurn number. All trustees give their tin* voluntarity and none received benefits from the drity. Any expenses redaimed from the charity are set out in note 7 of the accounts.
SHEILA COATES FOUNDATION {LIMITED BY GUARANTEE) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUAR Y 2024 In accordance wth the chafrtable objects. the thantys work focuses on young pèoplè with auts"$m. The Board of Trustees seeks lo ensure that the needs of this group are approwiate]y rellected Ihrou9h thè dtversity of the trustee t)dy. Over 50% of the current trustees are experienc&J in work with or in SUPFQrt of vulngrablg young people. Addib"onally management. business and fffianc• s$ are well leSented on the Board. On¢ of twstees has Feisonal expèrience of autrsm. In 8n effort to maintain this broad Skill mix. an nal audtt of the sknls of the members of ihe 8oard is undertaken. Thi$ helps entity any skills yaps and fctuses efforts to recruii newtrustees. In the evenl of particular skills being lost due lo relirernents, or the need for additional trust. indidualS approached to offer themselves for eledion to the Board. Having gone through this process. trustees a9d that there is oJThenty no requIrent for an additional Board mernber at this time. 8oard meelings are held five lirnes a year, of wthich are intended to be held face to face in person. and three held online. During the reporb'ng perirJ, meetings were held in person and online. in aCC(Kdan with Article 41 of thè Artides A$S¢ClabOft. The dire¢tors who offK durin9 the P¢rKyl and up to the date of signature of the financial statements were 0$ Mr D J Coates MrBPDelo Ms S L Harris MsAKDulfy Mr J M Eiitson Judge Vera Mayèr Th• directors of company e also charity Injstees as defined by section 177 ofthè chan.tiès Ad 2011. Trustee Inductlon and Training Where requir. the Char of Tr4Jst8es and Businss Manager are on Ind lo support rw tsuslees as Ihey setuè into thèir rolès. New Irust8es arè providad dc£uments and briefirvJs lo fami1vlse them with the ¢h¥rty 8nd th¢ ¢onlexl within il operates. This rove($ the lol]owng main doojments. Charity ComnIon Charity trustee welcome p¥ The Charity Govemance Code In hoLtse presentation - Trustees rc4es and resF¥S1tlIeS The charity's slrategy document The Memorandum and Articles of associab Re¢ènl Boafd meèting minutes Most recent statutory accounts Ouring this year we helj SUCLessful strategy and planning diw$s)fl$ to infomi and shape act anS for the charitys future. Tnjslees also altended updated training on safeguardin9 and the Lrrent educational Cmate.
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 Thetrustees, whoaal$01e lfiredors ofSh Coates FoL¥thti(ffifrthe pJrFthes of¢J%7yany •rn ¥pO¥bIe Corwny Iw req the Injstees to wepare frncAal slaterrths forèath firArn>o1 &¥¥p a InE and fair view af the st8to of 8ff•rs of the ¢•rity $nd of the resoum applKabon of 0urrs. wduding ObseN¢ tt methc#J¥ prinrApies in the Cl>arite3 SORP.. Make iu&3rnents and estirnate& that are reasonat4e wJen¢ disd¢)sed txplainèd in tt fin•wl sterTwts.' arKI Prepare Ihe finawa alem cffi goirvJ cOrn unW 11 Is Ir4ppffjwote to wesum8 that tho Clty wll in opw¥tity). The tnjstees are rèspo4 m•rtsirring £QLaltirg re¢d$ disdw rnasonablè •¢cura¢y ¥1 ¥ny tirre the finanoal charity aThl errable Ihem tr) en$(Kethat staknents ujrnpty with the Company Act 2C(6. Thè trustees art also w$1b fry safegwthng the assets ofthè tharity bce for takiThJ 10 sm*1 companies. Approved by the Board on.. 2.4..J 201 On behaif(¢the Board of InAItts MsAKOulfy Trust
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHEILA COATES FOUNDATION l pOrt to the charity trustees on my ex8rrinaiiort of the acuur)ts ofthe Chaiitable Company forthe year ended 29 February 2024. RespOn$111ti and basi$ of feport As Ihe charity's trustees you are respor&sible fvr of a0nts in accordw¢e with Ihe requirements ofthe Charities Act 2011 fthe Acr). I report in respe¢l of my exaninalion of thè chariws OUnts carried OLrt der sedKJn 145 of the Act and in ¢arrying out my examination I ha¥e folltred all the applice Direcliorts gven by the Charity CommissKJn under section 145(Sllb} of the Ad. Indendent examlnerfs ststement Since the charilae CoMpanS gross income exceeded £250.IXKI ywr examirw be a rnember of a body listed in sectson 145 of the 2011 Act. I confim that l am qualified to undertake Ihe examination because l am a member of the As%Jciation of Chartered Cerbfied Accountants. whith is one of th¢ Ile bodw. I have completed my examination. I confimi that no material matters have come lo my altention in connection with the examination giving me cause to believe that in any material resrcl'. accounting records were not kept in respect ofthe c(ryiany as wuired by sedion 386 ofthe 26 Act., or 2. the accounts do nol actord with those records.. or 3. the accounts do nol coryjly wth the applicable requirernents conceming thè fom and content of ccovnis sel oul in the Chanties {Accounts and Reports) Regulats"ons 2008 other thaft any requirement thal the accounts give a 'lrue and faif ¥ie44 which is not a matter considered as part of an independent examtnatlOA: or 4. the ac£ounls have not b¢erb prepad in accordance wrfh th8 methods and pmciples of the Stalement of Recomrnended Prath"c• for accounting and repOn9. I have no concems and have come across no other mattws in conne('on wilh the examination to which attention should be drawn in this report order to enable a proper erStandIng ofthe accounts to be aChed. Mark Cummlns FCCA FCIE On behalf of TC Group Office.. Steyning. West Sussex Dated".
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 29 FEBRUAR Y 2024 Unmtrietsd D•$ignat•d Totsl 2024 Total 2023 Incom• from: Donations and legaues 2SO,250 250,250 520.000 Total income 250.250 250.250 520,01)0 Expenditure on: Charitable activities 91.018 411.0(Kl 502.018 493,099 Totsl expenditure 91,018 411.000 502,018 493,099 Net in¢omellexpendityrel 159.232 1411.1)00) 1251.7681 26,901 Transfers btheen funds 11 1210,0001 210,000 Net rnovement In fvnd$ 150.7681 {201.000} 1251.7681 26,901 R8conelllatlon of funds Total funds brought forward 178.841 201.000 379,841 352,940 Total iunds carri•d fopward 12 128.073 128.073 379,841 The Statement of Finarval Actt¥itEs also Cor1$¥ tr rèquirèmènts for an inccffle and expenditure account under the Companies A 21x6. Al 8divities are dassed as ¢ontinuin9. Th are no fe¢ognised gawis or losses other than reported on the Statement of Finanaal Actiwlyès. io
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) BALANCE SHEEr AS A T 29 FEBRUAR Y2024 2023 C•sh •t aThJ in har•J 14451 386,463 388.463 Crnditov: •m¢¥Jnts f•lliry d 10 (&3n) {8.622) 14ot¢uftpntasBots 12UITJ 379.641 120,QTJ 379.841 Tho ofth• cttarlty: Unrostri¢bY fLmds DeSial fvnd5 12 11 12Jon 178.841 201.000 124073 379,841 For tr finanryal year in qsti c&ryany was erthed lo exertwkn 477 of the Companies Art 2006 relalirtrj io smal cgxnpaTNes. No Thrnt¢ hab 1eqLNjthe cywany tts an d(l ofits acttsjnts lor the year in que51¥Jn in aceordants vith sedion 476 tsf tr Ctywies Act 20C6. The threct$ acknowAedJe Companies Act 2006 are forurDJation to rrvnts ofttE ojffpary. ..2q £OIIfr IAS A K D4rffy li
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) CASH FLOW STATEMENT ASAT29 FEBRUARY2024 2024 2023 C#$h flow¥ from OAlIng a¢tivities and decreasel Sn¢re•$• in ¢a$h 13 12S4,012) 113,$35) C•sh and ¢•$h ¢qufval•nts at start ofyear 388.463 401.998 Ca$h and cash equSvalents at end of year 134.451 388,463 All cash is cash 8t bank in hand. 12
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 29 FEBRUARY 2024 Legal status of charitable c1)rnnY Sheila Coates Foundation is a charitable company, limTted by guarantee, regislered in England and Wal•$. The charitable companls registe number and register&J office address can be ftTrY in the Irystees. In the event of the drity being wound up, the liabilty irs SPect of the guarantee 1$ lirniled lo £10 r membef of the iarty. Accountiry poli¢ies Basi$ of pfvparation Thè accounts have been prepared in accordance with AccoLmbng and ReportTh3 by Charilies.. Ststement of ReCornrnded Practice applicatle to charities preparin9 th&r accounts in aco)rdance with the Financjal Reports"ng Standard applicable in the UK and Republ of IreL)d {FRS 102) (effective 1 January 20151 IChariti"es SQRP {FRS 102)). and the Ccxnpanies Act 2LK6. Sheila Coates Foundats"on mÈets the deffinth.on ofa public nefit Èntty undèr FRS 102. Assets and lialitIeS are initially recogni5ed at histoiic cost or transaction value ijnless otherwise stated in the relevant accounting policy note. The firtan¢ial $tstÈments arè pr•par•d in sterfiNJ. which is Iht funth"¢)nal currency of the charitable company. Monetary amounts in these financial ststements are rounded to the nearesl pound. 2.2 Going concern After making appropriate enquiries. the trusteès have a reasonab Èxpectati¢)n that the charity has adequate resoiirce5 lo conlinue in operational exislerKt for Ihe foreseeable future. 2.3 Incom• All incoming fesources are induded in the Statement of Finanoal Act1vttS when the charityls legally enfitled to the income, it is prObae the income wil be received and the amunt can be quantified wilh reasonable accuracy. Oonatsons and other forms of yo1tary income a rec4)gnised as irKonE when receivable. ex¢ept M)$¢)far as tw are incapable of )Inancial ThSureMent. Investment income is accounted for when recwvable. 1.4 Exp•nditur• and basls of apportionlng costs EXperytU is 8¢¢wnted fty an ¥¢uual$ ba$ 7Mlh the irrecoverable elemwt of VAT induded with the item to %thich it rel8ies and has been dassified under hÈadirtg$ that agJre9ate all costs related to the category. Expenditure on thaiitable aclivitiès I[Udès thè awarding of gra1 to btnèfitsal thifd parties. and the govemance cos15 assckiated th Ihe conlinuirg OFeration of SCF. Governance costs {induded 7Athin Support costs) wnprises all costs assooated Mth constitutional and slalutory requiremenls wilh vthi¢h the ¢harty must compty. 13
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 Aecaunting Pollei•s {eontirMdl 2.5 Cash at bank and in hand Cash al bank and in hand indudes cash and slK)rt terni hKJhly lryKI investments. The trustees seek to use short lemi deposits to maximise the retum on ny)ni•s held * the bank and to manage cash flow. 2.6 Crnditors and provisions Crediiors and provisio are recognised where Ihe charity has kyesent oblKJation ¥esvlting from a past event that will probably result in a transler of funds to a thtrd party and the amount t1ue to settle the obltgation can be measured or eslimated reliably. Fund Accounting "Funds held by the tharity are either Unrestricted general funds- these are funds which are avadable for use at the discretion of the trustees in fvrtherance ofthe general Ot¥tiVe$ofthe whth have not been desialed for olherpurposes. Designated funds- these are unrestricted set aside by Iwstees for a Specif purpose. 2.8 Judgernents and key sources of estimation uncertainty In the application of the tharivs aOUrrtin9 polves. Ihe trustees are reqVe lo make judgemerts. estimates and assumpts"on5 about thè carrying arnount ofas5ets and lialit$ Ihat arè not réadily apparènt from other sources. The ests'mates and assoryated assumptiws are based on historical experience and other factors that arè considerèd to be rdevant. Aciual SuIts may differ from thesè estimatès. Th& •stimatas and und1yin9 assumpb'¢)ns are rnview•d on an ¢)ngoing basis. ReVInS to accounting estsmates are recognised in the penod in vthich the eslimats is rewsed. The trustees do nol consider that there are any critical estimates or areas of judgement that need to be brought the attention of the readws ofthe finanaal stat8ments. 14
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED FOR THE YEAR ENDED 29 FEBRUAR Y 2024 Income fr¢xn donationB Unregtricted Desiwatsd funds nd Total 2024 Total 2023 Donattons 250.250 2SO.250 520,CQO 250.250 2SO,250 520,000 Total expenditure Staff costs Grant funding Totsl 2024 Total 2023 Expenditure on charitable •thities Activities undertaken directly Support costs 24.570 61.604 411,(KlO 497,174 4.844 479,412 13.687 Total charitable actiwtses 24.570 411,CQO 502.018 493.¢)99 Analysls of Support costs lincludlng Governance costs) Totsl T¢)tsl 2024 2023 Govemance costs.. Legal and profeswonal Independent exaffinerf¥ fees 1.964 2.880 10.567 3.120 4.844 13.687 15
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 S Grants y#blO During the year gr•ts iotslling £411.0(Kl wert paid lo 103 edLtslional bnstiIutS (2023.. £438.CO) paid to 118 inslilutior6). 6 Comparative Funds- Ststernent of Financial ktiviti¢$ f¢r thè yèar ended 28 F•bruary 2023 Unrestrict funds Designatèd funds Tatal 2023 Incom• from: Donations ond1gga¢i¢s 520.OIXI 520.000 Total Income 520,1)IJO $20.000 Expenditure on: Charitable activitses 87,749 40S.3SO 493,099 Totsl Èxp•nditur• 87.749 405,350 493.099 Nèt incom• 432,2S1 {405.3501 26,901 Transfefs between lunds (402,3501 401350 Net movement in funds 29.901 13.0001 26.901 Reconciliation of funds Total funds brought f(¥ward 148.940 204,000 352.940 funds carri8d faNArd 12 178,841 201,000 379.841 16
SHEILA COATES FOUNDATION (LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 Trusttts No trustees received any reMwratiOn directy from the charity in 224 2023. SCF'S benefactor donated £280.? {2023.' £SIXJ.IXMI) to Ihe Chty dlng the year. Expenses totallirrfj E200 vftre re1mbled to one Imstee dlg the year12023.' £nll. Payments totalling £138 (2023.. £20) were made to Voipfone during the year. a company co-owned by the spouse ol A Duffy. ErnOyeeS Number of •mployt•s The average monthly numbw ofempl¢ryees the wic*J was: 2024 Number 2023 mber Administration. matheting commercial Employm•nt costs 2023 Wages and salaries indudirrfj so(ial secwity cOS Other pension ¢osl$ 23,400 1,170 24,750 No employee re1¥ed £60.CKM) or during the period12023". £nll. The key management personnel of the Charity comprise the Business maneT and Grants Manager. The 10181 ernYet benefrts of key magement persn weo £24.75012023.. £nil). Taxation As a charity, Sheila Coates Fjnda1 is exempt from tax on inccffie and gains to the extent that these a applied to its chantable objects. 10 Cr•ditors: amounts falling within year 2024 2023 Awuals and deferied inr Social seojrity and other tsxes Olher credrtors 4.958 1.039 381 8.622 6.378 8.622 17
SHEILA COATES FOUNDATION (LIMITEO BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUEDI FOR THE YEAR ENDED 29 FE8RUARY2024 11 Oesignated funds Movement in funits Resources Tramfers Balance at expended between 29 February fvnds 2024 Balance at Incomlng 1 March resources 2023 Rapid rèspons¢ fund 201.000 {411.tKIJi 210.L 201.CKIO {411.LI) 210.L Starting in 2021 trustees destgnated funds for rapid respore funding to provhle support in response lo the real issues fang autistic young people in secondary schools. These fvnded grant-making rounds offering one-off awards of £1.000 or £5,OLKJ to mainstaM secondary sclwls, col*es or aiemative provision. SCF rapid response funds a for short-temi solutions which can be put in place immediately. and have been in support of.. mental heath and wellthing.. incxeasing autisrn kCedge and expertise in school8 and colleges,. enhanced access to sp#alists for assessment. &Jvice. inteNentions,' c0-productn or ojllaboration with autistic young people. In the year ended 29 February 2024. these funding OFPYtunities were offered in the 11 local authoribes of the Easl of England in Ihe 19 local authorilies of the South East of England. Trusteès transfarred £210.0 into this fLmd during th• year. 12 Analysls of net assets between funds Unrestricted Designated funds fvnds Total Fund balances at 29 February 2024 are psertted by. Current asséts Creditors: w)unt$ falling due wrfhin one year 134.4S1 (6,3781 134,451 {6,378) 128.073 128.073
SHEILA COATES FOUNDATION ILIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS ICONTINUEDI FOR THE YEAR ENDED 29 FEBRUAR Y 2024 12 Analy$l$ of •ssets beiween funds Iconllnuedl UnTtrid Dosignatod nds Total Fund balances at 28 Febmary 223 ¥ represented ty. cnI a$$ets Creditors.. amounts falling tkn wilhin one ye 187.463 (8.6221 201,C 388,463 IB,622) 178.841 201.Cfj) 379.841 13 Ngt cash inllowl{ouffiow) from operatin9 •Ctivilie¥ 2024 2023 Net irMe 1251,7681 12.2441 26.SKJ1 140.4361 Oecrease in treditors {254.012} 113.$351 14 Ultlmatè eontrolling party The charity was under the cOn1ft of the Trustees dlxing the perK¥I under re¥. 19