Charity number.. 1200018
SHROPSHIRE COMMUNITY FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
YWR
Partners
Protecting your future.

SHROPSHIRE COMMUNITY FOUNDATION
CONTENTS
Page
Reference and Administrativa Details of the Charity, its Trusteos and Advisars
Trustee5' Report
Independent Examiner's Report
Statement of Financlal Activltlgs
Balance Sheet
10
Notes to the Financial Statom8nts

SHROPSHIRE COMMUNITY FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trusteès
S Graham, Chair
A Hairis
R Martin lappoinled 1 November 20231
R Pemberton lappoinled 10 November 20231
B Powell
S Roberts
J Themans
A Thorne lappoinled 26 March 20241
8 Welti lappoinled S April 20241
G Wynn lappoinled 17 September 20231
Charlty registered
number
1200018
Prlnclpal officg
Belmont House
Sitka Drive
Shrewsbury
Shropshire
SY2 6LG
Accountants
WR Partners
Chartered Accountsnts
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Page 1

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees p￿sent their annual report together with the financial slalements ol the Charity for the year 1
April 2023 10 31 Mar¢h 2024.
Objectives and activities
a. Policies and objectives
The Foundations principal objective is Ihe promotion of any charitable purpose for the benefit of the community
or any part thereof in the county of Shropshire (including the borough of Telford and Wrekinl and ils imm¢diale
neighbourhood., and in particular the advancement of education, the protection of good health Ibolh mental and
physicall and the relief of poverty and sickness.
In setting objectives and planning for aclivilies, the Tru51ees have given due consideration lo general guidance
published by the Charity Commission relating lo public benefit, inclLJding the guidance 'Public benefit.. running a
charity IPB21'.
b. Strategies for achieving objectives
Ongoing funding is necessary lo support the above objectives. This is achieved through the following
channels..
The development of endowments, invested by our Investment Board to achieve growth lo allow for continuous
funds lo flow lo those in our community who need il most.
Donations from business which support the development of the foundation. The prudent use of these funds
facilitates greater rnarkel awareness, improved partnerships with local charib'es and other stakeholder5 and
more effective distribution of grants and associated reporting.
Sponsorship and Grants from business and individuals which support personnel development and cover the
cost of fundraising events.
Remuneration from third parties who entrust the foundation ID administer grants on their behalf.
c. Grant.Maklng pollcles
The Shropshire Community Foundation ISCFI is an independent charitable trust. Our aim as a pla¢e-based
funder is lo enable growth in communities and improve the qualily ol life of people across the ceremonial
county of Shropshire through our granl-giving. We manage donations from individuals. companies, charitable
trusts and slalutory bodies lo provide ILtnding lo individuals, and voluntary and community groups across
Shropshire, Tellord &Wrekin.
We encourage applications seeking funding from community groups of all sizes from across Shropshire,
Telford and Wrekin. which will deliver benefits lo people dedi¢aled lo supporting and enhancing the well-being
of communities within our area. We are commilled lo ensuring our granl-making is accessible lo all groups,
especially those new lo grant funding or who are smaller and wholly volunleer-led. We also r&cognise that
community and voluntary groups are particularly well-placed to identify and work with the most marginalised
and underrepresented communities in Shropshire.
Page 2

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Achlevements and perfomiance
Main a¢hlev¢m¢nts of th• Charity
The High Sheriffs fund awarded 14 new grants ranging from £500 10 £1250 to local charities supporting the
lives of young people in our Community.
The Zac fund awarded 6 grants ranging from £1500 10 £3000 to young people with cancer related illnesses and
charities supporting those people and their families.
The Foundation has worked closely with the family of Dalian Atkinson lo establish a new Endowment fund,
dedicated lo celebrating his lifelong passion for sports and ils positive impact on our Community. The aim of
the fund is lo inspire young people lo actively participate in sports for their growth and wellbeing.
A robust structure has been further ¢onsolidaled. Four new Trustees have been engaged lo add greater
experience lo that already offered by our Patron, Trustees, Investment Board, Grants award team and
Volunteers.
Policies have been further developed to ensure compliance with Charity Commission guidelines. Effective
governan¢o has been implemented across all activity areas to ensure transparency. impartiality and prudent
management.
A conlinuod and bmadening social media presence has helped to foster greater awareness of grant availability
and provides greater visibility in tgrms of upcoming events, new communi¢alions and fundraising aclivilies.
IT infraslrLJclure development has been significant.
b. Invèstment pollcy and performanco
The foundation has has appointed an Investment Board, which sils outside the trustee structure bul reports to
and advises the Iruslees of tho Shropshire Community Foundation. The investment board lakes advice from
investment professionals and fund managers appointed by thè foundation.
The foundation operates a total relum model which aims to balance income and capital relums. The key
objective is lo maximise return on investment whilst preserving the capital value of endowments.
Page 3

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
a. Going concarn
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources lo continue in operational existence for the foreseeable future. For this reason, they continue to
adopt the going concern basis in preparing the financial slalemenls.
b. Res&rves policy
In line with Charity Commission guidanee, the Board ensures that a minimum of six months runnlng costs are
held al any lime.
The Shropshire Community Foundation's objective, however, is lo hold up lo an equivalent of on¢ year's
running costs in unrestricted reserves lo enable grant making activity and lo work in a planned and Sustainable
way. This recDgnises that there could be curtailment lo grant making activity from periodic gaps in funding, as
funding flows are not always predictable.
The lolal reserves al year end were £717,301 12023.. £611,840), ol which £664,943 was within endowed funds
and £14,358 within r&stri¢led. Free reserves held al year end amounted lo £37.50012023.. £8.7471.
Structure, governance and management
a. Constitution
Shropshire Community Foundation is a Charitable Incorporated Organisalion ICIOI, registered with the Charity
Commission, charity number 1200018, and is conslituled under a Trust deed.
b. Mgthods of appointmgnt or election of Trustees
The manageinenl of the Charity is the responsibility of the Trustees who are elected and co-oplgd under the
terms of the Trust deed.
Page 4

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management Iconllnuedl
Organisational structur8 and de¢ision.making policlgs
Patron
Anna Turner, Lord.Lieutenant of Shropshire
S•lina Graham
I'chaiil
(vsi
8onia Robotrts
Johnny
Themana
B•n Pow•ll
Ruth Martin
Board of
Trustees
High Sheriff of
ShTopshire
L9Rdl
8rfan Welti JP
D••n H•frf*
I'secreiaryl
Roger
P•mberton
(ARC}
Graham Yfynn
Man¢ty Thorn
IBEPI
Juty Lin¢4stsf
FIF
copl
INVESTMENT BOARD
Lhair Rhdey Swire
FrankBury
Johnny Evans
BUSINESS DEVELOPMENT.
ENGAGEAENT&PART14ER$￿ps ieEP]
Nl
Th
FTr4ANCE & INVESIMENTINI
Char PLkn
AW+T& F￿SK IARC)
r PembeKEon
GRAATS & IMPACTIGII
Char S3nia ROb￿ts
IA4RCOAIM5
Chair Rth Matbn
VITAL %GNS iVSI
Anna 8o*l•r
LU￿ Burnau
H•nry C•cll
Emma
Pknbury4ladtTh
Cla6r• Thcfflp50
Jess HLvnFthnes- Bookk••w
Gwen VavghaD-Grnnt5 Athln
are W3te- Sal•sforc• Charn
Q4RANTS PAPIEL5
Appomledsepwatelyfor
eachwanl
d. Pollcles adoptèd for the induction and tralnlng of Trustees
On appoinlmenl, a newly elected Iruslee musl read the Governing Document for Shropshire Community
Foundation and ￿ad, understand and a¢¢epl the duli6s and responsibilities of a trustee as outlined in the
Charity Commission booklets CC3-The Essential Trustee.. what you need lo know, and CC3 lal.,
Responsibilities of Charity Trustees.
e. Financial risk management
The Trustees have assessed the major risks lo which the Charity is exposed, in particular those related lo the
operations and finances of the Charity. and are satisfied that syslerns and procodurgs are in place lo miligale
exposure to the major risks.
Page 5

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods
Further lo this yearfs expansion of the Board of Trustees, additional Trustee recruilmenl is envisaged during the
next year.
Endowment generation and income building is a key objective and will facilitate an increased number of grants
awarded across Shropshire, Telford and Wrekin.
Compliance and govemance oversight will continue to be central to all of the Foundation's aclivilies.
Grant making programmes on behalf of third-party organisations such as local authorities are planned and will
increase during the course of the year.
To facililale the afore mentioned increased aclivily, the Trustees have agreed lo employ a CEO and a Grants
Adminislralor in the next financial year. A more robLJsI structure will facililale delivery of these plans for future
periods.
statement of Trusteg$' rg$ponsibilities
The Trustees are responsible for preparing the Trustees, R&port and the financial slalements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial slalemenls for
each financial which give a true and fair view of the slate of affairs of the Charily and of ils incoming resources
and application of resources, including ils income and expenditure, for that period. In preparing these financial
stalemenls. the Trustees are required lo..
select sultable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting eslimales that are reasonable and prudent.,
stale whether applicable UK Accounting Standards IFRS 1021 have been followed. subject lo any
material departures disclosed and explained in the financial slalements.,
prepare the financial statements on th& going concern basis unless il is inappropriate lo presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate aceounlin9 records that are sufficient lo show and explain
the Charity's transactions and disclose with reasonable accuracy at any lime the financial position of the Charity
and enable them to ensure that the financial slalemenls comply with the Charities Ad 2011, the Charity
(Accounts and Reportsl Regulations 2008 and the provisions of the Trust deed. They are also responsible lor
safeguarding the assets of the Charity and hence for taking reasonable steps for the preventitsn and detection
of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
qoiuo
S Graham
(Chair of Trustees)
Dale..
i9 11 1014-
Page 6

SHROPSHIRE COMMUNITY FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examinerfs Report to the Trustees of Shropshire Community Foundation I'the
Charity'l
I report lo the Charity Trustees on my examination of the accounts of the Charity for the year ended 31 March
2024.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'lhe 2011 Act'l.
I report in respfjct of my examination of the Charity's accounts carried out under section 145 of the 2011 Act
and in Carrying out my 8xamination I have followed the applicable Directions given by the Charity Commission
under section 14515llbl of the 2011 Act.
Pa9e 7

SHROPSHIRE COMMUNITY FOUNDATION
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examlner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting
and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their
accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice
issued on 1 April 2005 which is referred lo in the exlanl regulations but has been withdrawn.
l understand Ihat this has been done in order for the accounis to provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effectivè for reporting periods beginning on or after 1 January
2015.
I havè complolgd my examination. I confirm that no mallers have come lo my attention in connection with the
examination giving me cause lo believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do nol accord with those records,. or
the accounts do not comply with the applicable requirements conceming the form and content of
accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any reqU1￿ment
that the accounts give a 'true and lair, view which is not a maller considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the accounts to be
reached.
This report is made solely lo the Charity's Trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might slal6 lo the Charity's
Trustees those matters l am required lo stslo to them in an Independent Exaffliner's Report and for no other
purpose. To the fullest exlenl permilled by law, I do not accept or assume responsibility to anyone other Ihan
the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed..
S J Tweedle
Dated.. 29 November 2024
Bsc FCA DChA
WR Partners
Chartered Accounlanls
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Page 8

SHROPSHIRE COMMUNITY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Endowment
funds
Restricted Unrostricted
funds
funds
Total
funds
Total
funds
P8riod ended
31 March
2023
31 March
2024
31 March
2024
31 March
2024
31 March
2024
Note
Income and
endowments from..
Donations and legacies
Investments
25,910
11.$46
19,250
60,487
300
105,647
11,846
619,362
Total In¢ome and
endowments
37,456
19,250
60.787
117.493
619,362
Expenditure on..
Raising funds
Charitable activities
3.000
3,309
4,517
27,017
7,517
45,326
15,000
T,522
Total expenditure
15,000
6,309
31,534
52,843
7,522
Net income before
nat gains on
Investments
Nel gains on
investments
22,456
12,941
29.253
64.650
611,840
40,811
40.811
N¢t movement In
fund5
63,267
12.941
29,253
105.461
611,840
Reconclllation of
funds:
Total funds brought
fonNard
601,676
63,267
1,417
12,941
8,747
29.253
611,840
105,461
Nel movement in funds
611,840
Total funds carriad
forward
664,943
14,358
38.000
717,301
617,840
The Slalemenl of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 10 23 form part of these financial slalemenls.
Page 9

SHROPSHIRE COMMUNITY FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Fixed ass&ts
Inveslfflenls
553,454
516,Q97
553,454
516,097
Current assets
Debtors
Cash al bank and in hand
13
11.497
153,676
87,975
9,028
165.173
97,003
Creditors: amounts falling due within one
year
14
11,3261
(1,260)
Net current assets
163.847
95,743
Total assets less current Ilablllties
717.301
611,840
Total ngt assets
717.301
617,840
Charlty funds
Endowment funds
Reslricled funds
Unreslricled funds
15
664,943
14.358
38,000
601,676
1,417
8,747
15
15
Total funds
717,301
611,840
The financial slalements were approved and authorised for issue by the Trustees and signed on their behalf by..
S Graham
Ichair of Trusteesl
Dale..
The notès on pages 1110 23 form part of these financial slalements.
Page 10

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Ggn&ral information
Shropshire Community Foundation is a Charitable Incorporated Organisalion registered with the Charity
Commission in England and Wales, No 1200018. The registered office is al B&lmonl House. Silka
Drive. Shrewsbury BLJsiness Park, Shrewsbijry SY2 6LD.
Accounting policies
2.1 Basls of prgparallon of flnancial $tat&ments
The financial slalemenls have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Irelancl IFRS 1021 leffeclive 1 January 20191, Ihe Financial Reporting Standard
applicablfj in the UK and Republic of Ireland IFRS 1021 and thè Charities Act 2011.
Shropshire Community Foundation meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise
stated in the relevant accounting policy.
2.2 Income
All income is recognised once the Charity has enlillemenl lo the income, il Is probable that the
income will be received and the amoLJnt of income receivable can be measured reliably.
Grants are included in the Slalemenl of Financial Activities on a receivable basis. The balance of
in¢omo re￿iVed for specific purposes bul not @xpended during the period is shown in the relevant
funds c>n the Balance Sh&&l. Where income is received in advance of entillemenl of receipt, ils
rocognilion is deferred and included in creditors as deferred income. Where enlillemenl occurs
before income is received, the income is accrued.
2.3 Expendlture
Expenditure is recogniseé once there is a legal or constructive obligation lo transfer economic
benefit lo a third party, il is probable that a transfer of economic benefits will be required in
selllemenl and the amount of the obligation ¢8n be measured reliably. Expenditure is classified by
aclivily. The costs of each activity are made up of the lolal of direct costs and shared ￿Sts,
including support costs involved in undertaking each aclivily. Direct Costs allributsble to 8 single
aclivily are allocated directly lo that activity. Shared costs which contribute lo more than one activity
and support costs which are not atlribulable lo a single activity are apportioned be￿@&n those
activities on a basis consislenl with thg use of resources.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for ils
charitsble purposes and includes costs of all fundraising activities events and non-charilable trading.
Expenditure on charitable activllies is incurred on dire¢lly undertaking the activities whi¢h further the
Charity's objeclives, as well as any associated support costs.
Page 11

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ounting policie$ Icontinuedl
2.3 Expendlture lcontlnuedl
Grants payable are charged in the year when the offer is made except in those cases where the
offer is conditional, SLJch grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants off&red subject lo conditions which have not been mel at the year end are noted as
a comfflilment. bul not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Intgrest rg¢0ivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the Charity., this is normally upon notification of the interest paid or payable by th
institution with whom the funds are deposited.
2.5 Investments
Fixed asset investments are a form of financial instrument and are initially r8¢ognised at their
transaction cost and subsequently meaSU￿d al fair value al the Balance Sheet date, unless the
value cannot be measured reliably in which case il is measured al cost less impairment. Investment
gains and losses, whether realised or unrealised. are combined and presented as 'GainsllLosses1 on
inveslments, in the Statement of Financial Activikn'es.
2.6 Debtors
Trade and other debtors arg rocognised at thg settlem8nl amount after any tradè discount offered.
Prepayments are valued al the amount prepaid nel of any trade discounts due.
2.7 Cash at bank and In hand
Cash al bank and in hand includes cash and short-lemi highly liquid investments with a short
malurily of Ihreo months or less from the dale of acquisition or opening of the depos11 or similar
account.
2.8 Llabilltles and provisions
Liabilities are recognised when there is an obli9alion al the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be eslimaled reliably.
Liabilities are recognised al the amount that the Charity anticipates il will pay lo settle the debt or
the amount il has received as advanced payments for the goods or services it musl provide.
2.9 Financial instrum•nt$
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
inslrumenls. Basic financial instruments are initially recognised al transaction value and
subsequently measured al their seitlem8nt value.
Page 12

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting poli¢ig$ (continued
2.10 Fund accounting
General funds are unreslricled funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds Comprise unrestricted funds that have been sel aside by the Trustees lor
Particular purposes. The aitn and use of each designated fund is sel out in the notes lo the financial
slalemenls.
Restricted funds are funds which are lo be used in accordance with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of sach restricted
fund is sel out in th& notes to the financial slatemenls.
Investment income, gains and losses are allocated lo the appropriate fund.
Endowment fund5 are money or other assets given lo the Charity for investment. Al endowment
funds held by the charity are expendable. Funds received as expendable endowment are initially
invested bul can be drawn down when required.
Page 13

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legacies
Total
funds
Period
ended
31 March
2023
Endowment Restricted Unrestricted
funds
funds
fund$
Total
fund$
31 March
2024
31 March
2024
31 March
2024
31 March
2024
Donations
Donations
12.487
5,000
12,487
24,250
11,136
3, [50
Sponsorship
19,250
Subtotal Iletailed di5c105ure
19,250
17,487
36.737
14,886
Grants
Membership income
25,910
10,500
32,500
36,410
32,500
604,416
Subtotal
25,910
43,000
68.910
604,476
25,910
19,250
60,487
105,647
619.362
Total 2023
601,676
3,750
13,936
619,362
Invastment incom
Total
funds
Period
end&d
31 March
2023
Endowmont Unrestrlcted
funds
funds
Total
funds
31 Mar¢h
2024
31 March
2024
31 Ma￿h
2024
Income from local listed investments
Investment income - local cash
11,546
11,546
300
300
11,546
300
11,846
Page 14

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on raising funds
Costs of raislng voluntary incomg
Total
funds
Period
ended
31 rtlarch
2023
Restrl¢ted Unrestricted
funds
funds
Total
funds
31 March
2024
31 March
2024
31 March
2024
Fundraising event expenses
IIC - Investors in Community expenditure
3,000
3,001
1,516
6,001
1,516
3,000
4,517
7,517
Analysis of grants
Total
funds
Period
ended
31 March
2023
Grant$ to
Grants to
Instltutions Individuals
Total
funds
31 March
2024
31 March
2024
31 March
2024
Grants. Charitable Activities
24,000
6,000
30,000
Page15

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Grant$ lo Institutions
2024
The Joshua Tree
Tom Bowdidge Youth Cancer Foundation
Teenage Cancer Trust
The Cavalier Cenlre
Shropshire Youth Foundation
8th Bridgnorth Scouts
HMM Arts
Crowsmill Craft Centre
Hope Through Music
Grants of £1,000 or below
3.000
3,000
3,000
1.250
1,250
1,250
1,250
1,250
1,250
7,500
24,000
Analysis of expenditure on charitable activities
Summary by fund typ•
Endowm&nt Restricted Unrestricted
funds
funds
funds
Total
Period
ended
31 March
2023
Total
31 March
2024
31 March
2024
31 March
2024
31 March
2024
Charitable Activities
15,000
3,309
27.017
45,326
T,522
Total 2023
2,333
5, 189
7,522
Page 16

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analys1$ of expgnditure by activitie$
Grant
fundlng of
activities
To181
funds
Period
ended
31 March
2023
Support
costs
Total
funds
31 March
2024
31 Mar¢h
2024
31 March
2024
Charitable Activities
30,000
15,326
45,326
T,522
Total 2023
7,522
7,522
Analysis of support costs
Tolal
funds
Period
ended
31 March
2023
Charitablo
Activlties
Total
funds
31 March
2024
31 March
2024
Advertising & Marketing
Bank Fees
6,757
60
6,757
60
3,634
25
220
50
Insurance
Regulatory
Professional Support Costs
Subscriptions
Other Miscellaneous Exp&ndilure
IT Software and Consumables
Govemance costs
467
467
50
4,438
228
200
1,800
1.326
50
4,438
228
200
1.800
1,326
2,333
1,260
15,326
15.326
7,522
Total 2023
T,522
7,522
Page 17

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10.
Independent examiner's remuneration
Period
ended
31 March
2023
31 March
2024
Fees payable lo the Charity's independent examiner for the independent
examination of the Charity's annual accounts
1,326
1,260
11.
Trustees. remuneratlon and expenses
During the year, no Trustees received any remuneration or other benefits (2023- £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred f2023 - £NIL).
12. Flxed asset Investm•nts
Othar flxed
asset
Investment5
Cost or valuation
At 1 April 2023
Disposals
Revaluations
527,643
115,000}
40,811
Al 31 March 2024
553,454
Net book value
At 31 March 2024
553,454
Al 31 March 2023
527,643
Page 18

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
Debtors
2024
2023
Due within on8 yèar
Trade debtors
Prepayments and accrued income
Grants receivable
8,750
2,747
2,396
85,579
11,497
87,975
14. Credltors: Amounts falling duo within ona ygar
2024
2023
Accruals and deferred income
1,326
1,260
Page 19

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statement of funds
statemgnt of fund$ - current year
Balance at
31 March
2024
Balance at 1
Aprll 2023
Gainsl
(Lossesl
Income Expenditure
Unrestricted funds
Deslgnated funds
Flowthrough
15,500
{15,0001
500
General funds
General Funds- all funds
,747
45,287
116,5341
37,500
Total Unrastriclgd funds
,747
60,787
131,5341
38,000
Expendable endowment
funds
Zac's Trust Fund
516,097
85,579
11,546
15,910
10,000
11 S,0001
40,811
553,454
101.489
10.000
High Sheriffs Fund
Dalian Atkinson Legacy Fund
601,676
37,456
115,0001
40.811
664,943
Restricted fund$
Employment costs
IIC Dinner
1,417
16,250
3,000
13,309}
13.0001
14,358
1.417
19,250
16,3091
14,358
Total of fund$
611,840
117,493
152,8431
40,811
717,301
Page 20

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Staternent of funds Iconllnuedl
Endowed funds consist of three separate funds.
Monies held in Zac's Trust lo provide financi81 support to children and young people who have a
diagnosis ol cancer and are in need
The High Sheriffs, Fund is lo provide financial support lo any person, or group ol people in need, Dr
organisalion that works lo relieve the needs in the ceremonial county of Shropshire, or any area outside
of the ceremonial county of Shropshire al the advisers, discretion.
The Dalian Atkinson Legacy Fund aims to provide equal opportunities lor young people aged five lo
25, across Telford and Wrekin and surrounding argas, lo participate in a rang8 of sports - including
football.
All endowment funds held by the Charity are expendable.
The funds held wlthin the reslTiCted Employment cos15 fund relates lo monies received through Airt)and
sponsorship towards the employment costs of the charity.
Page 21

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statemgnt of funds l¢ontinu9dl
Statement of funds - prior year
Balance al
31 March
2023
Income Expenditure
Unrestrlcted funds
General Funds
13,936
(5, 189)
8,741
Expendable endowment funds
Za¢'s Trust Fund
High Sheriffs Fund
516,097
85,579
516,097
85,579
601,676
601,676
Restrlcted funds
Employrnent costs
3, 750
(2,333)
1,417
Total of funds
619,362
(7,522)
611,840
16. Anatysis of net assets between funds
Analysi5 of net assets between funds - current period
Endowment Restricted Unrestricted
funds
funds
funds
2024
2024
2024
Total
funds
2024
Fixed asset investments
Current assets
Creditors due within one year
553,454
111,489
553.454
165,173
11,3261
14,358
39,326
11,326}
Total
664,943
14,358
38,000
717,301
Page 22

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Analysis of net assets between funds Icontinuedl
Analysis of net assets bgtwegn funds - prior period
Endowment
funds
2023
Reslricled Unreslricled
funds
funds
2023
2023
Total
funds
2023
Fixed asset investments
Currenl assets
Creditors due wilhin one year
516,097
(506,090)
(1,260)
516,097
97,003
(1,260)
601,616
1.41 T
Totsl
601,6T6
1,41T
8,747
611,840
17.
Related party transa¢tlons
There were related party transactions during the year.
A Harris, Trustee, is the Chair of Trustees for 4 All Foundation, which recieved a grant of £1,00012023..
£nill. There was no oulslanding balance al the year end.
S Graham, Trustee, is a Trustee for The Cavalier Cenlre, which recieved a grant of £1.25012023.' £nill.
There was no outstanding balance al the year end.
Page 23