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2023-04-30-accounts

REGISTERED COMPANY NUMBER: CE027896 (England and Wales) REGISTERED CHARITY NUMBER: 1197466

Report of the Trustees and

Unaudited Financial Statements for the Period 11 January 2022 to 30 April 2023

for

Standing Tall Foundation

GR Taylor & Co Accountants 54-56 Ormskirk Street ST HELENS Merseyside WA10 2TF

Standing Tall Foundation

Contents of the Financial Statements

for the Period 11 January 2022 to 30 April 2023

Page
Report of the Trustees 1
Statement of Financial Activities 2
Balance Sheet 3
Notes to the Financial Statements 4 to 5
Detailed Statement of Financial Activities 6

Standing Tall Foundation

Report of the Trustees

for the Period 11 January 2022 to 30 April 2023

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 11 January 2022 to 30 April 2023. The trustees have adopted the provisions of 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).

INCORPORATION

The charitable company was incorporated on 11 January 2022.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE027896 (England and Wales)

Registered Charity number

1197466

Registered office

The Living Well Building Borough Road St Helens Merseyside WA10 3RN

Trustees

Mr J W Hodkinson (appointed 6.6.23) Mr A J Mussell (appointed 6.6.23) Mrs W Spencer (appointed 6.6.23) Mr P A Mayall (appointed 7.12.22) Mr I S D Green (appointed 11.1.22) Mr S Brighouse (appointed 11.1.22)

Company Secretary

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Trustee

Page 1

Standing Tall Foundation

Statement of Financial Activities for the Period 11 January 2022 to 30 April 2023

Unrestricted
Restricted
fund
fund
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
59,681
EXPENDITURE ON
Raising funds
-
12,830
Other
-
27,998
Total
-
40,828
NET INCOME
-
18,853
TOTAL FUNDS CARRIED FORWARD
-
18,853		 Total
funds
£
59,681
12,830
27,998
40,828
18,853
18,853

The notes form part of these financial statements

Page 2

Standing Tall Foundation

Balance Sheet

30 April 2023

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Cash at bank
-
18,853
NET CURRENT ASSETS
-
18,853
TOTAL ASSETS LESS CURRENT
LIABILITIES
-
18,853
NET ASSETS
-
18,853
FUNDS
4
Restricted funds
TOTAL FUNDS		 Total
funds
£
18,853
18,853
18,853
18,853
18,853
18,853

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Trustee

The notes form part of these financial statements

Page 3

Standing Tall Foundation

Notes to the Financial Statements for the Period 11 January 2022 to 30 April 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

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

2. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

£
Hire of plant and machinery 2,685
Other operating leases 24,143

continued...

Page 4

Standing Tall Foundation

Notes to the Financial Statements - continued for the Period 11 January 2022 to 30 April 2023

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 30 April 2023.

Trustees' expenses

There were no trustees' expenses paid for the period ended 30 April 2023.

4. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
in funds 30.4.23
£ £
Restricted funds
General Fund 18,853 18,853
TOTAL FUNDS 18,853 18,853
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Restricted funds
General Fund 59,681 (40,828) 18,853
TOTAL FUNDS 59,681 (40,828) 18,853

5. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 30 April 2023.

Page 5

Standing Tall Foundation

Detailed Statement of Financial Activities for the Period 11 January 2022 to 30 April 2023

Detailed Statement of Financial Activities
for the Period 11 January 2022 to 30 April 2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Support costs
Management
Insurance
Advertising
Governance costs
Office space rental
Counsellors and admin costs
Accountancy and legal fees
Total resources expended
Net income		 £
59,681
59,681
371
12,459
12,830
2,685
24,143
1,170
27,998
40,828
18,853

This page does not form part of the statutory financial statements

Page 6