Charity number. 1200018
SHROPSHIRE COMMUNITY FOUNDATION
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
WR
Protecting your future.

SHROPSHIRE COMMUNtrY FOUNDATION
CONTENTS
Page
Refelence and AdministTa*ive Detsils of Ihe Chaiity, its Trustee5 and Adviser5
Trustees, Report
Independent Examiner's Report
Statement ol Financial Activitie5
9-10
8alance Sheel
12
Notes to the Finwcial Ststements
13-26

SHROPSHIRE COTIJMUNITY FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustaes
S Graham. Chair
A Harris
R Martin
R Pemberton
8 Powell
S Roberts
J Themans (resigned 28 Febwary 20251
A Thom
G Wynn
J Lancaster {appointed 29 October 20241
A Usherwood- Brown lappoinled 19 May 2025)
K Boughton (appointed 26 May 20251
Dr H Ottey (appointed 28 May 20251
Charity registered
number
1200018
Principal office
Belmont House
Sitka Drive
Shrewsbury
Shropshife
SY2 6LG
Accountants
WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shiewsbury
Shfopshire
SY2 6LG
Page 1

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Tru51ees present their annual report toaethev with the financial Slalements ol the Charity lor the year 1 April
2024 to 31 March 2025.
Objectives and activitles
. Policies and objectives
The Foundation's principal objective is the promotion ol any charilable purpose for the benefit of the community
or any part thereof in the County of Shiopshire lincluth.ng the borough of Telford and Wrekinl and its immediate
neighbourhood,. and in parttcular the ad¥ancement ol education. Ihe pioteclion of good health Iboth mental and
physical) and the relielol poveity and sickness.
In setting objeclives and planning for adivities. Ihe Trustees have given due consideiation to general guidance
published by the Charity Commission relating to PLtblic benefft. induding the guidance 'Public benefit.. Tunning a
charity IPB21'.
b. Strategies for achieving objectives
Ongoing funding is essential to achieving the objeckn.ves oullined above. This is secured throu9h the following
¢hannel5'.
Endowment Devèlopment.. The establishment of endowments, managed by our Investment Board,
ensuies long-lerm growth and provides a sustainable Source of lunding to SUPPOrt Ihose in OUT
community who need il most.
Corporate Donations.. Contributions from businesses play a critical iole in advancing the Foundation's
mission. These funds are used judiciously to enhance public awareness, strengthen partnerships
local charities and other stskeholders. and improve the efficiency and transparency of grant distribution
and reporting.
Sponsorships and Individual Giants.. Support trom businesses and individuals also enables the
development of our personnel and offsets the costs associated with frJndr3ising events.
Administrative Fees.. The Foundation receives femuneralioTr from thiid pa￿'eS engage us to
adtninisler grar￿ on Iheif behalf.
. Grant4naking policies
The Shropshife Community Foundation ISCF) is an independent challtable trust. Ouf aim as a pla￿-baSe￿
fvnder is to enable wowth in communiiies and improve the qualty of life of peO￿e across the ceremonial covnty
of Shropshire thIoLtgh our grant-giving. We manage donations from individuals, companies, chaittable trusts and
sthtory bodies lo provide ￿nd￿l9 to inthvithJal$, and voluntary and community groups acros$ Shropshire,
Telford &Wrektn.
We encourage applications seeking ￿nthn9 from communrty groups of all sizes from across Shropshire, Telford
and Wrekin, which wll deliver benefits to people dedicated to supporting and enhancing the well-being of
communities wtthin our area. We are committed to ensuring oui gTanl-makn'ng is aG¢essible to all groups,
especially those new to grant fvr>ding or who are smaller and ￿￿O$lY volunteer4ed. Vve also recognise that
community and voluntary groups are particularly well-placed to identify and Work wth the m051 marginali5ed and
underrepresented eornmunilies in Shropshire.
Page 2

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT ICONTINUEDI.
FOR THE YEAR ENDED 31 MARCH 2025
Achie¥emonts and perfomiance
. Main Khievements ol the Charity
Granl-making is central lo our cole objecb"ves, and several new grants weve awarded during the finan¢ial year,
demonstratsng the Foundation's ongoing commitment lo a wide range of communty needs.
Wekoming Spaces Grant
Launched in partnership wth Telford & Wrekin Council, this grant supports community and voluntary
organisations in addressing adult loneline5S Wthin the boiough by funding social activilies. Due to an
exceptional numbei of applications, fvnding awarded to thity three organisations working to combat
isolation.
The Zac Fund
&x grants, ranging trom £1,000 to £2.500, were awarded through the Zac Fund lo individuals and charities
to help young people affected by cancer4elated illnesses.
McPhillips Construction Cornmunity Fund
To commemorale its 60th anniversary, M¢Phillips Construction estsblished a new comnwnity fvjnd in
collaborats.on wth the Shropshire Community Foundatson. This fund supports projects aimed at
strengthening communitie5 by improving mental health, reducing social isolation, and promokn.ng long-term
well-being. Grants ranging from £2,228 to £4,488 weie awarded to six organisalions.
Dalian Atkinson Endowment Fund
The Foundakn"on continue5 to Work dosety wth the family of Dalian Atkinson to grow an Endowment Fund
that celebrates his lifelong passion for sport and its transformakn.ve impact on communities The fund seeks
to inspire young people to engage in sports as a means of personal development and well-being.
Shropshlre Invèstors in Conununity
This initiative, through which local businesses supw)rt the Foundation's core activlties. continues to thrtve.
As a Tesull, a rtrew Awm Endowment and Flowthrough Fund has been estsblished. The Trustees have
commrtted to grant givtng from AcoTn Fund in the coming financtal year.
Page 3

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Achievements and perfomian¢e (continued)
In parallel with grant giving, endowment building and building donor support. the Foundation has strengthened its
internal siTuctvre=
Governan¢g Lèadorship
A new Irustse, Judy Lan¢asler joined the Board of Trustees bringing valuable legal and ffinan¢ial experience
to complement the conth"buiions of OLEr existrng Patron, Tnjstees, Investment Board, Gran15 Avrard Panel.
and Volunlews. In addib'on, a select group ol Ambassadors has joined the SCF team to offer strate￿¢
guidance and expertise across key areas.
Trusted Standard Accreditation
The Foundation has committed to achieving Trusted Stsndard Level 1 certificab.on by June 2025, followir¢g
rigorous extemal review of its policies, operational procedures, financial and risk management, and
govemance. This accreditation reinforces our ￿edIbIlity as a reliable and effective partner foT donors
entrusting us the stewardship of their funds.
Digital Engagement
Ouf grovrfmg presence on social metha has significanlly enhanced public awareness of available grants,
while also providing a platlorm to share new5 about upcoming events. new inittatives, and fundraising
aclivities.
A substantial increase in IT infrastructure investment and IT support enabling more efficient organisational
performance, gTanl-maknTrg, and repO￿ng, allowing the Foundation to maximise its effeclivene55 delivering on
its key objectives.
b. Investment policy and perfonnance
The Foundation has apponted an Inveslmenl Boaid. which sits outside the truslee struetijre but reports to and
advises the trustees of the Shropshire Community Foundation. The investn)ent board takes a(fvice from
investment professionals and fvnd managers appointed by the Foundation.
The Foundation opeiales a totsl rebjrn model which aims to balance income and capital retums. The key
objective is to maximise retum on investment whilst preserving the capital value of endowments.
Page 4

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Financial review
a. Going concem
After making appropriate enquiries, the Trustees have a reasonable expectation that the Chaitty has adequate
resources lo continue in operational existence for the loreseeable future. Foi this reason. they continue to adopt
the going concern basis in preparing the financial statements.
b. RÈserves policy
In accordance with Chètrty Commission guidance. the Board ensures that a minimum reserve equivalent to six
months ol operating costs is maintained at all tsmes.
However, the Shropshire Communrty Foundati(In aims lo hold unre5trrcted reserves equivalent to up to one
year's running costs. This approach supports the continuity of giant-makn'ng activites and enables the
Foundation to opeiate in a planned, sustainable manner_ It also aCkn￿edgeS the potential for interTnittenl gaps
in ftjnding, ￿Ven the inherent unpredictability of fijnding streams.
The total reserves at yeaF end were £776,044 {2024'. £717,301), of vthich £656,965 {2024.' £664,943) was within
endowed ￿ndS and £26,438 (2024.. £14,358} within Testricted. Free reserves held at year end amounted to
£69.544 (2024.. £37.5001.
StTUCturn. governance and management
. Constitution
Shropshire Cvmmunity Foundation is a Chafitable Incorporated Organisation {CIO). registered with the Charity
Commission, charity number 1200018. and is constiluled under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Charity is the iesponsibility of the Trustees who are elected and co-opted under the
terms of the Trust deed.
Page 5

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
StNcturei govemance afNI management (continued)
. Organisational structure and decision-making policies
rganlsatlon Structure Chart
Patron
S•15ni
(Chwi
Ivs
Rob•M*
Po¥AH
Board ol
Trustees
IMCI
Ihjh ￿￿[1(*01 5hropshlig
$4
L•4d
Wynn
IBOEP.
ND
SUPPOR TERS
Anna BovAer
Lvw Burea
M•nry Cèt
&PARIMERSIIIPS IDOEPI
Chw 14
FWAKE & INlrESTMENTIH)
Je5? HvryhrièS- BDokke?pei
F'.arty Eury
AiWS R15KIASRI
G*ANfs PANELS
GR411Tsif¥l
RDiA*ts
IAARCOIIMS IIKI
Chth
l s￿$￿$1
d. Policies adopted forthe induction and training of Trustees
On appointment. a ne¥My elected trustee musl read the Goveming Document for Shropshire Community
Foltndation and lead, under51alld and accept the duties and responsibilities of a trustee as oullined in Ihe Charity
Commission booklets CC3-The Essential Trustee". what you need to know, and CC3 la).. Responsibilities of
Charity Trustees.
. Financk41 risk management
The Trustee5 have assessed the major Tisks to thich the Charity is exposed, in partiCLblar Ihose Telated to the
opeiations and finances of the Chatity. and ale satisfied that systems and procedures are in place lo miligale
exposure to the major risks.
Page 6

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Plans for futttre perlod5
With grant-making remaining central lo the Foundation's mission, it is anticipated that the Current financial year
will see a notable increase in tt)e nurnber of grants awarded lo support Ollf communities.
To siipport this growth. a new Chief Executive Officer has been appointed lo leèd the continued development
8nd strategic dlre¢tion of the Foundadon.
The generation of endowments and ihe building of income streams remain key prlorities. enabling the expansion
of grant-making activity across Shropshiie. Telford and Wrekin.
Robust compliance and governance will continue to underpin all Foundation activilies. In addition to the
commitment to Trusted Stsndard accreditation, fttrther enhancements are planned, including the pursuit of IT
and cyber security accreditation.
As the Foundation's lepulation ￿0￿3. the delivery of grant programmes on behalf of Ihird-paty organisations,
such as local authollties, has gatned significant momentum and is expected lo expand substantially over the
Coming financial year.
Page 7

SHROPSHIRE COMMUNITY FOUNDATION
TRUSTEES. REPORT ICONTINUED
FOR THE YEAR ENDED 31 MARCH 2025
Plan5 for fu￿1? periods {continuadl
Statement of TNstws' responsibilhip5
The Twstses are iesponsible for preparing the Tw$tees' Report and the financial statements in a￿rdance ￿llth
applicable law and United knngdom Accounb"ng Stsndaids (United Kingdom Geneially A¢cepted Accounting
Practice).
The law applicable lo ¢haritses in England & Wales requires ihe Trustees to prepare financial statements for
each ffinancial period which give a true and fair view of the slate of affaiis of the Chaiity and of its incoming
resources and applicatioTr of resources, including its income and expenditure, for that peTiod. In pieparing these
financial ststements, the Trustèes are required lo.
select suitable accounting policies and then apply them consistenlly.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounb'ng estimates that are reasonable and prudent-
state whether applicable UK A¢¢ounting Standards IFRS 102) have been followed. subject to any material
depatlures disclosed and explained in the ffinanryal ststements.,
prepare the financial ststements on the going conceffl basis unless it is inappropriate to presume that the
Charity wll continue in busKbess.
The TNstees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitys transactions and (thsdose with ieasonable accuracy at any time the financial position of the Charity
and enable them to ensure that the financial slalements comply wth the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Tfust deed. They are also ￿spOnSible for
saleguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved by order of the members ofthe board of Trustees and signed on their behalf by..
S Graha
Dale..
ioll
Page 8

SHROPSHIRE COMMUNITY FOUNDATION
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 202S
Independent Examinerfs Reportto the TNstees of Shropshire Cornfnunity Foundation (Xhe
Charity'l
I report to the charity Trustees on my examination of Ihe accounts of the Charity for the year ended 31 March
2025.
Responsibilitigs and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance ￿1h the
requirements of the Charities A¢1 2011 Ilhe 2011 Arf).
I report in respect ol my examination of the Chantys accounts carried out under secb.on 145 of the 2011 Act and
in carwng out my examination I have followed the applicable DiTections given by the Chafity Commission under
se¢iion 14515llb) otthe 2011 Act.
Page 9

SHROPSHIRE COMMUNITY FOUNDATION
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Independent Exominerfs Statement
Your attention is drawn to the fact that the Charity has prepared the account8 in accordance wth Accounting and
Reporting by Chaiities.. Statement of Re¢ommended Pracbce applicable to ch8Tilies preparing their accounts in
a¢¢ordance the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in
pieference to the Accounting and Reporting by Charities." Statement of Re¢ommerEded Practice issued on I ￿)ri1
2005 which is referred to in the extant regulations bul has been withdFawn.
understand that this has been done in ordei for the accounts to PTovide a tnje and fair view in ac¢ordance with
the Generally Accepted Accounting Practice effective lo¥ reporfing periods beginning on or after l January 2015.
I have completed my examination. I confirm that no matters have come to my atten16on in connection wth the
examination giving me cause lo believe that in any material iespecl".
accounting ieGords were not kept in respect of the Charity as required by se¢t¢on 130 of the 2011 Act., or
the accounts do not accord WTth those records," or
the accounts do Trot comply with Ihe applicable requirements conceming the form and content of
accounts set out in the ChaFSties (Accounts arid Reports} Regulations 2008 other than any requirement
that the accounts give a and fair. view Nthich is not a matter considered as part of an inijependent
examination.
I have no concems and have come acr086 no otheT mattws in connection the examination to which
attention should be drawn sn this report in older to enable a piopeT understan(thng of the accounts to be reached.
This report is made solely to the Charitls Trustees, as a body, in accordance Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My Work has been undertaken so that I might state to the Charitys
Trustees those rnatteis l am required lo state to them in an Independent Exarniner's Report and lor no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
Charity and the Charitys Trustees as a body, for my work or for thi5 report.
Si9ned..
S J Tweedle
Dated..
8Sc FCA DChA
INR Partners
Chartered Accountants
Belmont House
ShTewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Page 10

SHROPSHIRE COMMUNITY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Endomneot Restri¢ted UDre$trKtsd
funds
nds
funds
2026
2026
2025
Total
fvnds
2026
Total
funds
2024
Note
Income and
endowments from:
Donations and legacies
Investments
16,077
13,697
50.547
69,364
67
135.988
13.764
105,647
71,846
Totsl income and
endowments
29.774
50.547
69.431
149,752
117,493
Expenditure on:
Raising funds
Charitable activilies
5,487
9.877
5,487
61 A78
7.517
45,326
151134
36,467
Total expenditure
15.034
36.467
15.364
66.865
52.843
Not income before
nel1105se5llgains on
investments
14.740
14.080
$4.067
82.887
64.650
Nel Ilossesllgains on
investments
124,144)
124,1441
40,877
Net
lexpenditurellincome
Transfers between
funds
19,4041
14,080
S4,067
58,743
705,461
17
1,426
(2,000)
574
Net movement in
funds
17,9781
12.080
S4,641
58.743
105,401
Reconciliation ol
funds..
Total funds brought
loMard
Nel movement in fvnds
664,943
17.9781
14,358
12.080
38,000
54.641
717,301
58,743
611, 840
105,469
Total funds carried
fo￿ard
656,965
26.438
92.641
776.044
717,301
The Ststemert of Financial Athities includes all gans and losses recognised in the year.
The notes on pages 13 to 26 form part of these financial statements.
Page11

SHROPSHIRE COMMUNITY FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 202S
2025
2024
Note
Fixed assets
Tangible assets
Investments
748
14
654,46S
553,454
655213
553,454
Current assets
Debtors
25286
97.760
71.497
153,676
Cash at bank and in hand
123,046
165, 7 T3
Current Itabilities
Credltors.. amoltnts falling due wtthin one
year
16
1221SI
(1,326)
Net current assets
120.831
163,847
Total asse1$ less current liabilities
776P44
777,301
Total nel assets
776,044
717.301
Charity fvnds
Endowment fvnds
Restricted funds
Unrestricted fvnds
17
656,965
26.438
92,641
664,943
14.358
38,000
17
Total funds
776.044
717.301
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
S GTaharn
Dale..
The notes on pages 13 to 26 form part of these financial slalements.
Page 12

SHROPSHIRE COMMUN5TY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
General infomiation
ShropshiTe Community Foundation is a Charitable Incorporated Organisation registered with the Charity
Commission in England and Vwales, No 1200018. The iegisteTed office is at Belmont House, Silka Drive.
Shrewsbury Business Park, Shrewsbury SY2 6LD.
Accounting policies
2.1 Ba$is of preparation of financial statements
The financial statements have been pTepared in accordance wlh the Charities SORP (FRS 1021
A¢countir)g and Reporting by Charibes.. Ststement of Recornmended Praclbce applicable lo chaiibe5
preparing their accounts in accordance Ihe Financial RepO￿ng Standard applicable in the UK
and Republie of Ireland IFRS 1021 (effective t January 2019), the Financial Reporting Standafd
appficable in the UK and Republi¢ of Ireland IFRS 102) and the Chaiities Act 201 1.
Shropshire Communty Foundation meets the definibon of a public benefit entity under FRS 102.
Assets and liabilities are Initially recognised at historical cost or transaction vahje unless olherwise
stated in the relevant accounting poh"cy.
2.2 Income
All income is recognised once the Charity has enttdement to the income, it is probable that the
income wll be received and the amount of income receivable can be measured reliably.
Grants are induded in the Statement of Wsnancial Activtiies on a receivable basis. The balance of
in¢ome Teceived for speufi¢ PUFposes bul not expended during the period is shown in the relevant
funds on the Balance Sheet. Vvhere income is received in advan¢e of entillement of receipt, its
recognition is deferred and induded in creditors as deferred income. INhere entitlement occufs
before income is received, the in¢ome is accrued.
Income tax recoveiable in felalion to investment income is recognised at the time the investment
income Is receivable.
2.3 Expenditu
Expenrfiture is recogni5ed once Ihere is a legal or constructive obligation tts transfer economic benefit
to a third party, it is probable that a transfer of economic benefits wll be required in settlement and
the amount ol the obligation can be measured reliably. Expenditure is classified by actsvity. The costs
of each activity are made up of the total of direct costs and 5haied costs, including support costs
involved in undertaking each activity- Dire¢l costs attTibutable to a single a¢tivtty are allocated directly
to that activity. Shxied costs Ithich contribute to moFe than one activity and support costs which ale
not attributsble to a single activity are apportioned be￿een those activities on a basis consistenl with
the use of resources.
Expenditure On raising fijnds incltjdes all expenditure incurred by the Charity to raise lunds for its
charitable purposes and includes costs of all fundraising activities events and rion-charitable trading.
Expenditure on charitable a¢livities is incurred on directty undertaking the activities which furthe¥ the
Charity's objectives. as well as any asso¢iated 5UPPOrt costs.
Page 13

SHROPSHIRE COMMUNI￿ FOUNDAnoN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng policies {conttnued)
2J Expenditure Icontinuedl
Grants payable are charged in the year vknen the offer is made except in Ihose cases where the offer
is ctsndilional, Such grants being recognised as expendtiuie when the conditions attaching are
fulfilled. Grants offered subject lo condit'ons which have not been met at the year end are noted as a
commitment, but not accrued &8 expenditure.
All expenditure is inclusive of inecovefable VAT.
2.4 Interest ￿eNable
Interest on fvnds held on deposit is included sthen receivable and Ihe amount can be measured
reliably by the Charity., this is normally upon notiffication of the interest paid oi payable by the
institution wrth whom the fvnds are deposited.
2.5 Tangible fixed assets and depTrciation
Tangible fixed assets costing £NIL or more are capitalised and recognised when knlure economic
benefits are piobable and the cost ot value of the asset can be measured reliably.
Tangible fixed assets are initially iecognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciats.on and any accumulated impairment
losses. Al costs incuired lo bring a tangible fixed asset into ils intended working ¢ondition should be
included in the measurement of cost.
Depreuation is ¢harged so as to allo￿te the cost of langible fixed assets less their residual value
over Iheir e811mated usehd lives. using the straighl-line method.
Depre￿atIon is provided on the followng basis..
Office equipment
20%
2.6 Investment5
Fixed asset Investments are a form of financial instrument and are iniknally recogni5ed al their
transaclion cost and subsequentFy measured al fair value al the Bdance Sheet date, unless the value
cannot be measured reliably in whrch case it is measured at wst less impairment. Investment gains
and losses, %thethei iealised or unreali5ed, afe combined and presented as 'GainsllLosses) on
investments, in the Statement of Financial Actsvities.
2.7 Debtors
Trade and olhef debtors ale re¢ognised at the setuemenl amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade dis¢ounts due.
2.8 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short malurity
of three months oi less from the date of acquisition or opening of the deposit or similar account.
Page 14

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies {continuedl
2.9 Liabilitiès and provisions
Lièbilitses are recognised ¥then there is an obligation at the Balance Sheet date as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amour7t Ihat the Charity anticipates it wll pay lo setue the debt or the
amount it has received as advanced payments for the goods or setvices It must Pfovide.
2.10 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruTHents. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
2.11 Fund a¢countlng
General funds are unTeslFiCted funds ￿tCh are available for use at fhe dis¢retlon of the Trustees in
furtheiance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated fijnds comprise unrestricted funds that have been set aside by the Trustee5 for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
ststements.
Restri¢teil funds are fvnds which aTe to be used in accordance y￿1h specific Testrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
adrninislering such fvnds are charged against the specific frjnd. The aim and use of each restricted
fund is Sel out in the notes to the firlancial statements.
Investment income, gains and losses are allocated to Ihe appropriate hnd.
Endowment funds are money or other assets given to the Charity lor investment. All endowment
funds held by the chaTty are expendable. Funds received as expendable endowment are initially
invested but can be drawn down when reqtjired.
Page 15

SHROPSHIRE COMMUNrrf FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from donations and lggacios
EndoThinent Restricted Unrestrfcted
nds
lunds
2026
2025
Total
funds
2025
Total
fvnds
2024
2025
Donations
Donations
Sponsorship
16,077
1,500
13,000
5.614
23.191
13.000
12.487
24,250
Subtotal dètailed disc105ure
16.077
14,500
5,614
36.191
36.737
Grants
Membership income
36,047
36,047
63.750
36.410
32,500
63,750
Subtotsl
36,047
63,750
99,797
68,gio
16,077
50,547
69,364
13S,988
105,647
Total 2024
25,910
19.2
60.487
105, 647
Inveslment inGom
E[￿owment Unvestrtcted
funds
funds
2025
2025
Total
funds
2025
Total
fvnds
2024
Income from local listed investments
Investment income - local cash
13.697
13.697
67
11,546
Joo
67
13,697
67
13,764
17,846
Total 2024
11,546
3(
71,846
Page 16

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Expendiiure on raising lunds
Costs of raising voluntary income
Restricted Unrestricted
funds
lunds
2025
2025
Total
funds
202S
Total
funds
2024
Fundraising event expenses
IIC - Inveslois in Comfflunity expenditure
6,001
1,516
5,487
5.487
5,487
5.487
T,517
Total 2024
3,0(Kl
4.577
7.517
Analysis of grants
Grants to
Grant5 to
Insti￿tIonS Individuals
2025
2026
Totsl
nds
2025
Total
ft4nds
2024
Grants, Charilable Activrlies
34,047
9,500
43,547
30,000
Tot812024
24,0(K*
30,000
Page17

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Grants to Instilutions
2025
2024
Amber Bee CIC
4 All Foundation
Designs in Mind
Home Stsrt Telford & IAlrekin
Bright Star Boxing
The Community Council
The Joshua Tree
Tom Bowdidge Youth Cancer Foundation
Teenage Cancer Trust
The Cavalier Centre
Shropshire Youth Foundation
8th Bridgnorth Scouts
HMM Arts
Crowsmill Ciaft Centre
Hope Through Music
Gfants of £1,000 OT below
2,688
2328
2,800
2,800
4,488
2,996
3,000
1.250
7.250
1.250
1,25Q
1,250
1.250
7,500
16,047
34.047
24.000
Analysls ol expend{￿￿ ¢)n chafitslA9 actlvltles
Summary by fund type
Endowment Restricted Unrestricted
funds
funds
funds
2025
2025
2025
Total
2025
Total
2024
Charitable Actr'vtties
15,034
36,467
9,877
81,378
45,326
Total 2024
15.000
3.309
27.017
45.326
Page 18

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysis of expenditure by activilies
Activities
undertaken
directly
2026
Grant
funding of
activtties
Support
costs
2025
Total
funds
2025
Total
lunds
2024
2025
Charitable Activities
2,547
43,547
15,284
61,378
45,326
Total 2024
30.000
15,326
45,326
Analysis of support costs
Charitable
Activilses
2025
Total
funds
2025
Total
fvnds
2024
Depreciation
Advertising & MarkelFng
Bank Fees
Insurance
Regulatory
Professional Support Costs
subsC￿ptIOns
Othei Miscellaneous Expenditure
IT So￿are and Consumables
Governance costs
187
2,399
97
600
187
2.399
97
6,757
60
46f
50
4,438
228
4.459
2,178
431
4.459
2.178
431
200
1,800
3,307
1,626
3,307
1.626
15.284
15,284
75.326
Total 2024
15,326
15.32
Page 19

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Independent èxaminerfs remuneration
2026
2024
Fees payable lo the Charity's independent examiner lor the independent
eKaFr7ination ofthe Chari￿s annual accounts
1N46
1,326
11. Staff costs
2026
2024
Wages and salaries
Social secuiity costs
2,310
110
2,420
The average number of persons employed by the Charity during the year was as follows..
2025
No.
2024
Employees
No employee received remuneration amounting lo more than £60,000 in either year.
12. TN$tees' remuneration and expenses
ring the year, no Ttustees received any remuneration or olher benefits (2024 - £NIL).
During the year ended 31 March 2025, no Trustee expenses have been incurred f2024 - £NIL).
13. Tangible fixed assets
equipment
Cost or valuation
Additions
935
At 31 March 2025
936
Page 20

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Tangible fThed assets {continuÈdl
Office
equiprnent
Depreciation
Charge foi the year
187
Al 31 March 2025
187
Net book valtse
At 31 March 2025
At 37 March 2024
14. Fixed assot investments
Other fixed
Llsted
asset
investments invg$tmenl$
Totsl
Cost or valuation
Al l April 2024
Additions
Revaluation8
540,811
126,150
(24.1441
12,648
553,459
125,150
124,144)
At 31 March 2025
641,817
12.648
654,465
Net book value
At 31 March 2025
641017
12,648
654,465
At 31 March 2024
540, 811
12,648
553,459
Page 21

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
15. Debtors
2025
2024
Due withSn one year
Trade debto¥s
Prepayments and accrued income
25.000
8, 750
2, 747
26,286
11.497
16. Creditors: Amounts lalling due wlthin one year
2026
2024
Other taxalion and $o¢ial security
Accruals and deferred income
089
1,626
1,326
2,21 S
1,326
Pago 22

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Statement of funds
StateThnl ol funds - current year
Balance at
31 March
2025
Balance al 1
April 2024
TTat)sfers
inlout
Gainsl
IL0s5esl
Income Expenditure
Unrostricled
funds
Designated
funds
Flowthrough
500
21,097
1.500
23,097
General lunds
General Fund5 -
all fvnds
37.500
48.334
(15A64)
{926}
69,$44
Total
Unrestricted
funds
38,000
69,431
{1S,364)
574
92.641
Expendable
endowment
funds
Za¢'s Trust Fun
High Sher5ffs
Fund
553,454
11,851
115,034>
120,427)
529,844
101,489
2,457
1A26
12.9541
102,418
Dalian Atkinson
Legacy Fund
10,000
15,466
1763)
24,703
664.943
29,774
115.0341
1,426
124,1441
658,965
Page 23

SHROPSHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Statement of funds (continued)
Balance at
31 March
2025
Balance at 1
April 2024
TraTrsfers
inlout
Gainsl
ILossesl
Incorne Expenditure
Restricted
funds
Employment
costs
Telford and
Wfekin Grant
McPhillips
Consliuction
Grant
Wynne
14JS8
13,000
12N20)
24,938
16.047
116.0471
20,000
1.500
118,000)
12.000)
1.500
14￿58
$0.647
136.46n
12.0(10
26,438
Total of funds
717.301
149.762
166,86STr
124,1441
776,044
Endowed fvnds con8lst of three 5eparats (undB.
Monies held in Za¢'s Trust to provide financial support to children and young people tho have a
diagnosis of cancer and are in need
The High Sheriffs, Fund is to provide financial support lo any person, or group of people in need, or
organi5ation that works to relieve the needs in the Ceremonial county ol Shropshire, or any area outside
of the ceremonial county ol Shropshile al the advisers, discretion.
The Dalian Atkinson Legacy Fund aitns to provide equal opportunitses for young people aged five to 25,
across Telford and Wiekin and suirourithng aleas. to participate in a range of sports- incluth'ng football.
l endowment funds held by the Charity ale expendable.
Restricted funds consist of
Tellord and Wiekin Grant supports community and volunlary organisalions in addressing adult lonellness
wthin the boiough
M¢Phi1lips Constructions Gfant supports pfojecls aimed at strengthening communities by improvlng
mental health, feducing social isolation, and promoting long-term well-being.
The lunds held the restrided Employment costs fund relales to monies received throu￿ Airband
sponsorship towards the employment costs of the charity.
Page 24

SHROPSHIRE COMMUNITY FOUNDATSON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17.
ststement of funds {¢ontiTruedl
ststement of funds - prior year
8alan¢e at
31 March
2024
Balan￿ at
l April 2023
Gainsl
{LossesJ
Income Expenditure
Unrestrictfjd funds
Deslgnated funds
Flowlhrough
15,500
(15.000)
5(X)
General funds
General Funds- all bmd8
8,747
45.287
(16,534)
37.500
Total Unrnstricted fund5
8,747
60. 787
(31.534)
58,000
Expendable endowment
funds
Zac's Trust Fund
High Sheriffs Fund
Dalian Atkinson Legacy Fund
518,097
85,579
11.546
75,910
70.000
(15,OOOJ
40,811
553,454
107,489
10.0
601,6T6
31,456
(15,0(AlJ
40,811
664,943
Restricted lunds
Employment costs
IIC Dinner
1.417
16.250
3,000
(3, 309)
(3. 000)
14,358
1,417
19.250
(6, 309)
14,358
Total of fvnds
611,840
117,493
(52. 843)
40.871
717.301
Page 25

SHROI>SHIRE COMMUNITY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
18. Analysis of net assets between fund5
Analysis of net assets between funds - CUTvent year
Endowment Restricted Unrestrided
funds
funds
lunds
2025
2025
2025
Total
nds
2025
Tangible fixed assets
Fixed asset investrnents
Current assets
Creditors due within one year
748
15,895
78,23 3
12.2151
638,570
18,39S
654,465
123,046
12.215)
26,438
Total
656,965
26,438
92,641
776,044
Anatysls of net assets belween knTrds - prior year
Endowment
fvnds
2024
Reslricted un￿strICted
fvnds
funds
2024
2024
Total
ds
2024
Fixed asset invesknents
553,454
111,489
553,454
165,173
{1,326)
Current assets
Creditors due wthin one year
14.358
39.326
(1,326)
14.358
38. 000
777,30t
Total
664, 943
19. Related party transactions
There were related party transactions during the year.
A Harrrs, Tntstee, is the Chair of Trustees for 4 Al Foundation, which recieved a grant of £2,22812024.'
£1,00011. There was no outstanding balance at the year end.
S Graham, Trustee, is a Tnjstee for The Cavalier Centre, which Tedeved a ￿an1 of £NIL12024'. £1,250).
Thefe was no outstanding balance at the year end.
Page 26