Trustees’ Annual Report for the period
From Period start date: 25/06/2022 – 24/06/2023
Charity name: THE SPARKLE FOUNDATION UK
Charity registration number: 1192213
Objectives and Activities
The Sparkle Foundation is a UK based charity helping people in need across the UK run by volunteers. We support people living in poverty, or in crisis, ill health, domestic abuse situations, bereaved, often people who have nowhere else to go to help their situation and help them move forward. We deliver our services with heart, soul and without judgement, enabling people to feel equal.
What the charity does: General Charitable Purposes Disability The Prevention or Relief of Poverty
Who the charity helps: Children/young People Elderly/old People People with Disabilities
How the charity helps: Makes Grants to Individuals Makes Grants to Organisations Provides Services Acts as an Umbrella or Resource Body
Where the charity operates: Throughout England and Wales
Achievements and Performance
The Sparkle Foundation UK was born due to a multi need basis for public benefit.
The Sparkle Foundation UK charity is run by volunteers.
The Sparkle Foundation UK has had a challenging year like many crisis charities, with supporting service users who are experiencing the long-term effects of COVID, the cost-of-living crisis, mental and physical health challenges.
We have seen a huge increase in demand for our services with the effects of the cost-of-living crisis that has pushed people into poverty and people already living in dire situations pushed deeper into poverty.
The trustees, volunteers and supporters have worked incredibly hard to support our service users through hard times, in a discreet fashion. Our charity is very mindful not make people feel like they are a charity case. Whilst there is no shame in needing support, we look at the best and most discreet way to make all feel equal.
We have funded and provided hundreds of fully funded therapy hours for children and adults.
Our Men’s Mental Health groups Steve’s Legacy has helped many service users, with an educational approach to therapy and support. This has been across the UK. We supply group therapy, 121 and work with other agencies, social prescribers, GP’s, social services, schools, colleges, local community groups, other charities, to name a few and quite often we are the only immediate resource. We also support services users with sign posting to other support services where needed.
Our therapists have supported women, men, children in very challenging circumstances, often people who cannot access other support services easily due to them being over-subscribed with very long waiting lists. These are often people at the point of taking their own life or self-harming. Children effected by abuse or bereavement for example who have nowhere else to turn to, we have been able to support them and make a difference to their lives.
We have widened how we support people, those living in social isolation, people who are lonely, neurodiverse, have no support, with getting prescriptions, shopping, food vouchers, food parcels, doctors’ appointments. Our community lunch clubs have been very popular for people of all ages.
We have been able to support local sports clubs through our corporate supporters, with new commercial kitchens, building materials, clothing, travel, events, in order for them to remain open and of benefit to the community.
Our Trustees have 60 years of combined experience in the charity field and have lived experience of the issues we deal with. We put that experience to good use.
The trustees are exceptionally proud as it’s very hard work but worthwhile being part of The Sparkle Foundation UK. The charity sector and challenges all charities faces are ever evolving and we are doing everything within our power by using the charity commission trustee guidelines and professional guidance to best serve the public and remain compliant.
STATEMENT OF FINANCIAL ACTIVITIES (incorporating income and expenditure account) FOR THE YEAR ENDED 24th June 2023
| Notes Incoming resources Incoming resources from generated funds Donations 2 Restricted Grants 2 Unrestricted Grants 2 Fundraising Income 2 Total incoming resources Resources expended Cost of generating funds 3 Governance costs 4 Total resources expended Net (outgoing)/incoming resources for the year/net (expenditure)/income for the year Total funds brought forward Total funds carried forward |
Restricted funds £ - 18,200 - - 18,200 12,820 1,441 14,261 3,939 - 3,939 |
Unrestricted funds £ 23,055 - 9,500 50 32,605 20,088 13,400 33,488 - 883 341 - 542 |
Total 2023 £ 23,055 18,200 9,500 50 50,805 32,908 14,841 47,749 3,056 341 3,397 |
Total 2022 £ 9,796 40,422 11,664 13,555 75,438 |
|---|---|---|---|---|
| 62,523 12,836 |
||||
| 75,359 | ||||
| 79 262 |
||||
| 341 |
BALANCE SHEET FOR THE YEAR ENDED 24th June 2023
| Notes Fixed assets 8 Current assets Cash at bank Cash in hand Creditors: amounts falling due within one year 7 Net current assets Total assets less current liabilities Accruals and deferred income 7 Net assets Funds 9 Restricted funds Unrestricted funds Total funds |
£ 5,979 - |
2023 £ £ - 1,058 523 1,581 - 709 4,295 - 900 3,395 - 542 3,939 3,397 |
2022 £ 270 1,141 |
|---|---|---|---|
| 5,979 - 1,683 |
|||
| - 800 |
|||
| 341 | |||
| - 341 |
|||
| 341 |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 24[th] June 2023
2 DONATIONS
| Restricted funds £ General donations 0 Raffle/Auction income 0 Restricted Grants 18200 Unrestricted Grants 0 18200 3 COSTS OF GENERATING VOLUNTARY INCOME Restricted funds £ Fundraising & promotions 0 Direct Charity Spending 12820 12820 4 GOVERNANCE COSTS Restricted funds £ Accountancy and bookkeeping 0 General Administrative Costs 1441 1441 |
Unrestricted funds £ 23,055 50 0.00 9,500 32,605 Unrestricted funds £ 1,944 18,144 20,088 Unrestricted funds £ 1,400 12,000 13,400 |
Total 2023 £ 23,055 50 18,200 9,500 50,805 Total 2023 £ 1,944 30,964 32,908 Total 2023 £ 1,400 13,441 14,841 |
Total 2022 £ 18,698 0 2,500 42,419 |
|---|---|---|---|
| 63,617 | |||
| Total 2022 £ 6,350 56,173 |
|||
| 62,523 | |||
| Total 2022 £ 1,018 16,097 |
|||
| 17,115 |
NET 5 INCOME
None of the trustees (or any persons connected with them) received expenses during the year and no remuneration was paid to trustees (or any persons connected with them) as workshop leaders. During the year, no Trustees received any benefits in kind.
STAFF 6 COSTS
The charity has no employees other than the Trustees, who did not receive any remuneration. No employee received remuneration amounting to more than £60,000 in the year.
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 24[th] June 2023
7 CREDITORS
| CREDITORS | |
|---|---|
| Trade creditors PAYE/NI/Pensions/wages Accruals and deferred income |
2023 2022 £ £ 918 709 765- 900 800 |
| 2,583 1,509 |
TANGIBLE FIXED 8 ASSETS
| Cost At 25th June 2022 Additions Disposals As at 24th June 2023 Depreciation At 25th June 2022 Charge for the year As at 24th June 2023 Net book value At 25th June 2022 As at 24th June 2023 |
Plant & Machinery £ 360 0 270 90 90 0 90 270 0 |
Motor Vehicles £ 0 0 0 0 0 0 0 0 0 |
Computer Equipment £ 0 0 0 0 0 0 0 0 0 |
Total £ 360 0 270 |
|---|---|---|---|---|
| 90 | ||||
| 90 0 |
||||
| 90 | ||||
| 270 | ||||
| 0 |
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 24[th] June 2023
STATEMENT OF 9 FUNDS
| STATEMENT OF FUNDS |
||||
|---|---|---|---|---|
| General fund Restricted funds Total of funds |
Brought Forward £ 341 0 0 |
Incoming resources £ 32,605 18,200 50,805 |
Resources Expended £ 33,488 14,261 47,749 |
Carried Forward £ -542 3,939 |
| 3,397 |
Analysis of net assets between funds
| funds | ||||||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| funds | funds | 2023 | 2022 | |||
| £ | £ | £ | £ | |||
| Fixed assets | 0 | 0 | 0 | 270 | ||
| Current assets | 3,939 | 3939 | 1581 | |||
| Current liabilities | 0 | -542 | -542 | -1509 | ||
| 3939 | -542 | 3,397 | 341 |
CHARITY COMMISSION Independent examinerfs report on the FOR ENGLAND AND WALES accounts Section A Report to the trustetsl member8 of Tr Spwkk Foundati UK On •ccounts for the •r 24th June 20TJ Charity no (rf arby) 1192213 Set on p•oe8 I rekh)rt to the tAtee$ on my exami)a1 ol the accounts ofthe above ¢hanty rthe Tru¥YI fiy year ended 241(W2023 Responsibilitie¥ •nd b1¥ of report A¥ the thanV¥ you we resFonsitle tr the prepwatw of accInts in a¢dance Tlh the rewirements of the Charilies Act 2011 (Ihe ACVI. I repjrt n respect of my exarninakn crf Trusys accrrtw camed out under ¥ecn 145 of the 2011 Act and in Wng ¢KJt my exwnInatn. I have folbwed all the applicable Eh"rec1Th gpM ty the Charty commis5K unthr ¥ecn 145{SXbl of the Act. kn(kpendent enIne¢S $LeMentI have ccrfnF4etepJ my examinathjn. I confvm that material matters have me to my attentson in C(e¢ll)n Ihe examin8tKx) (other than that disdosed k)W ') which gNes me cause to believe that in. material Ihe (MlIrj re¢ords Yre not kept li aCcdanCe lh teclion 130 of Ihe Charibes Ac( or the accounts did rnt aCtd with the aceounting rtcc¢ds," ( the accounts did mt comply ¥nth the applicab requ¥ements con¢emry f(xm and ¢ontent of 8ccwnts 8et out in the Charibes (Accnts and ReF(Jrt51 Regulabon5 3x18 ¢Aher lh reqLNremurt Ihal the accounts give a and f view wthi¢h is not a matter candEred as part of WKlepend2nt examinat. I have no concerns aTrJ have me ocr088 rK) olher matters n connection lith the examnatKsn to 7hthich attentM SIKk1 be dran n this repNt in crfder to enaL4e a proper Unrstand of the aCCnts ts) be reached. * prte8se ddete the ii? the brnckets rf t) not apply. Dale: 18ffj4124 Signed: Gattht Rekwrt proleMi(•l qualtfication(81 b(xty NIA IER Oct 2018
{rf any): 41 Tankemlle Street Hartle[1 TS26 8DT Section B Only cornplete rf the examiner needs to highlTrghl matenal rnatters of concem {8ee CC32, IndeFEndent examinat of chwity a¢count' directi(9 and gu1Ce for examiner81. Give here thtai18 of any items thal the examiner *ishe• lo dwlox. IER Oct 2018