REGISTERED CHARITY NUMBER: 1197466
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 April 2024
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 Year Ended 30 April 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Statement of Financial Activities | 2 | ||
| Balance Sheet | 3 | ||
| Notes to the Financial Statements | 4 | to | 6 |
| Detailed Statement of Financial Activities | 7 |
Standing Tall Foundation
Report of the Trustees for the Year Ended 30 April 2024
The trustees present their report with the financial statements of the charity for the year ended 30 April 2024. 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).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1197466
Principal address
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 Mr I S D Green Mr S Brighouse
Approved by order of the board of trustees on 13 January 2025 and signed on its behalf by:
Mr S Brighouse - Trustee
Page 1
Standing Tall Foundation
Statement of Financial Activities for the Year Ended 30 April 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 196,162 Investment income 2 38 Total 196,200 EXPENDITURE ON Raising funds 192,053 NET INCOME/(EXPENDITURE) 4,147 RECONCILIATION OF FUNDS Total funds brought forward - TOTAL FUNDS CARRIED FORWARD 4,147 |
Year Ended 30.4.24 Restricted Total funds funds £ £ - 196,162 - 38 - 196,200 18,853 210,906 (18,853) (14,706) 18,853 18,853 - 4,147 |
Period 6.4.23 to 30.4.23 Total funds £ 59,681 - |
|---|---|---|
| 59,681 | ||
| 40,828 | ||
| 18,853 - |
||
| 18,853 |
The notes form part of these financial statements
Page 2
Standing Tall Foundation
Balance Sheet
30 April 2024
| 30.4.24 | 30.4.23 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| CURRENT ASSETS | ||||||
| Debtors | 5 | 2,871 | - | 2,871 | - | |
| Cash at bank | 3,316 | 18,000 | 21,316 | 18,853 | ||
| 6,187 | 18,000 | 24,187 | 18,853 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | (2,040) | (18,000) | (20,040) | - | |
| NET CURRENT ASSETS | 4,147 | - | 4,147 | 18,853 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 4,147 | - | 4,147 | 18,853 | ||
| NET ASSETS | 4,147 | - | 4,147 | 18,853 | ||
| FUNDS | 7 | |||||
| Unrestricted funds | 4,147 | - | ||||
| Restricted funds | - | 18,853 | ||||
| TOTAL FUNDS | 4,147 | 18,853 |
The financial statements were approved by the Board of Trustees and authorised for issue on 13 January 2025 and were signed on its behalf by:
Mr S Brighouse - Trustee
The notes form part of these financial statements
Page 3
Standing Tall Foundation
Notes to the Financial Statements for the Year Ended 30 April 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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 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.
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| Period | |||
| 6.4.23 | |||
| Year Ended | to | ||
| 30.4.24 | 30.4.23 | ||
| £ | £ | ||
| Deposit account interest | 38 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2024 nor for the period ended 30 April 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2024 nor for the period ended 30 April 2023.
continued...
Page 4
Standing Tall Foundation
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | fund | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | - | 59,681 | 59,681 | ||
| EXPENDITURE ON | |||||
| Raising funds | - | 40,828 | 40,828 | ||
| NET INCOME | - | 18,853 | 18,853 | ||
| TOTAL FUNDS CARRIED FORWARD | - | 18,853 | 18,853 | ||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 30.4.24 | 30.4.23 | ||||
| £ | £ | ||||
| Other debtors | 2,871 | - | |||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 30.4.24 | 30.4.23 | ||||
| £ | £ | ||||
| Other creditors | 20,040 | - | |||
| 7. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1.5.23 | in funds | 30.4.24 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | - | 4,147 | 4,147 | ||
| Restricted funds | |||||
| General Fund | 18,853 | (18,853) | - | ||
| TOTAL FUNDS | 18,853 | (14,706) | 4,147 |
Page 5
continued...
Standing Tall Foundation
Notes to the Financial Statements - continued for the Year Ended 30 April 2024
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 196,200 Restricted funds General Fund - TOTAL FUNDS 196,200 Comparatives for movement in funds Restricted funds General Fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Restricted funds General Fund 59,681 TOTAL FUNDS 59,681 |
Resources Movement expended in funds £ £ (192,053) 4,147 (18,853) (18,853) (210,906) (14,706) Net movement At in funds 30.4.23 £ £ 18,853 18,853 18,853 18,853 Resources Movement expended in funds £ £ (40,828) 18,853 (40,828) 18,853 |
|---|---|
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2024.
Page 6
Standing Tall Foundation
Detailed Statement of Financial Activities for the Year Ended 30 April 2024
| Detailed Statement of Financial Activities for the Year Ended 30 April 2024 |
||
|---|---|---|
| Period | ||
| 6.4.23 | ||
| Year Ended | to | |
| 30.4.24 | 30.4.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 196,162 | 59,681 |
| Investment income | ||
| Deposit account interest | 38 | - |
| Total incoming resources | 196,200 | 59,681 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Counsellors and admin | 137,875 | 24,143 |
| Insurance | 690 | 371 |
| Office space rental | 9,620 | 2,685 |
| Donations | 19,873 | - |
| Repairs and renewals | 4,900 | - |
| Advertising | 36,911 | 12,459 |
| Accountancy | 1,037 | 1,170 |
| 210,906 | 40,828 | |
| Total resources expended | 210,906 | 40,828 |
| Net (expenditure)/income | (14,706) | 18,853 |
This page does not form part of the statutory financial statements
Page 7