**REGISTERED COMPANY NUMBER: CHARITY 1205533 (England and Wales) REGISTERED CHARITY NUMBER: 1205533** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** ## **FOR** ## **THE SCHOOL COAT CHARITY** SBCA Chartered Accountants 17 Moor Park Avenue Preston Lancashire PR1 6AS **THE SCHOOL COAT CHARITY** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** **----- Start of picture text -----**
Page
Report of the Trustees 1 to 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5 to 6
Detailed Statement of Financial Activities 7
**----- End of picture text -----**
**THE SCHOOL COAT CHARITY** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** 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 1st November 2023 to 30th April 2025. 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). The charity’s object is to provide school coats to children and young people who are in financial need within the United Kingdom. ## **INCORPORATION** The charitable company was incorporated on 1st November 2023 and commenced trading on the same date. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charities aims and objectives are to relive the poverty of children in the United Kingdom, by providing new school coats to children who experience financial hardship. ## **Significant activities** As this was the charity’s first year, activities focused on both establishing the organisation and beginning charitable delivery. ## During the year, the charity: - Established partnerships with 41 local schools - Distributed 163 school coats to children in need - Received donations from individuals and local supporters The trustees are encouraged by the positive response from schools and families. Feedback indicates that the provision of coats helped reduce hardship and supported children’s attendance during winter. ## **Public benefit** The charity exists to provide warm, good-quality school coats free of charge to children identified as being in financial hardship. By doing so, the charity supports children’s health, wellbeing, dignity, and access to education during colder months. Referrals are accepted from schools and local community organisations to ensure support is directed to those most in need. ## **FINANCIAL REVIEW** ## **Financial position** During the year, the charity received total income of £5,680 mainly from donations. The charity incurred expenditure of £4,555 on the purchase of new coats. The charity recorded a surplus of £1,125. ## **Reserves policy** As a small charity, the trustees aim to maintain reserves sufficient to cover essential coat purchases and operating costs for the following distribution period. Given the charity’s size and low overheads, reserves are kept at a prudent but not excessive level. Page 1 **THE SCHOOL COAT CHARITY** ## **REPORT OF THE TRUSTEES FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** ## **FUTURE PLANS** In the second year of operation, the trustees aim to: Increase the number of coats distributed - Expand partnerships with additional schools - Build community awareness and volunteer support The trustees’ priority remains maximising the proportion of funds spent directly on school coats while maintaining appropriate governance and financial oversight. ## **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. ## **Recruitment and appointment of new trustees** As this was the charity’s first year, the initial trustees were the founding members. Trustees familiarised themselves with their duties under charity law and Charity Commission guidance. The trustees met regularly during the set-up phase to establish: - A bank account - Financial controls - Safeguarding and data protection policies - Referral procedures with local schools All activities during the year were carried out by trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** CHARITY 1205533 (England and Wales) ## **Registered Charity number** 1205533 ## **Registered office** 17 Moor Park Avenue Preston Lancashire PR1 6AS ## **Trustees** C P Bond (appointed 1.11.2023) D Hughes (appointed 1.11.2023) Mrs G A Hughes (appointed 1.11.2023) Mrs A Jamieson (appointed 1.11.2023) Approved by order of the board of trustees on 26th February 2026 and signed on its behalf by: Mrs G A Hughes - Trustee Page 2 **THE SCHOOL COAT CHARITY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies|Unrestrict
fund
£
**5,680**| |---|---| |**EXPENDITURE ON**
**Charitable activities**
School coats|**4,555**| |**NET INCOME**|**1,125**| |**TOTAL FUNDS CARRIED FORWARD**|**1,125**| The notes form part of these financial statements Page 3 ## **THE SCHOOL COAT CHARITY** ## **BALANCE SHEET 30TH APRIL 2025** |Notes
**CURRENT ASSETS**
Cash at bank|Unrestrict
fund
£
**1,125**| |---|---| |**NET CURRENT ASSETS**|**1,125**| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|**1,125**| |**NET ASSETS**|**1,125**| |**FUNDS**
3
Unrestricted funds|**1,125**| |**TOTAL FUNDS**|**1,125**| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2025. The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 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 26th February 2026 and were signed on its behalf by: G A Hughes - Trustee The notes form part of these financial statements Page 4 **THE SCHOOL COAT CHARITY** **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** ## **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. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the period ended 30th April 2025. ## **Trustees' expenses** There were no trustees' expenses paid for the period ended 30th April 2025. continued... Page 5 **THE SCHOOL COAT CHARITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** ## **3. MOVEMENT IN FUNDS** |**MOVEMENT IN FUNDS**||| |---|---|---| |**Unrestricted funds**
General fund||Net
movement
At
in funds
30.4.25
£
£
**1,125**
**1,125**| |**TOTAL FUNDS**||**1,125**
**1,125**| |Net movement in funds, included in
**Unrestricted funds**
General fund|the above are as follows:
Incoming
resources
£
**5,680**|Resources
Movement
expended
in funds
£
£
**(4,555)**
**1,125**| |**TOTAL FUNDS**|**5,680**|**(4,555)**
**1,125**| ## **4. RELATED PARTY DISCLOSURES** There were no related party transactions for the period ended 30th April 2025. Page 6 **THE SCHOOL COAT CHARITY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1ST NOVEMBER 2023 TO 30TH APRIL 2025** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Website costs
School coat purchases
Bank charges
Total resources expended
**Net income**|£
**5,680**
**5,680**
**1,109**
**3,436**
**10**
**4,555**
**4,555**
**1,125**| |---|---| This page does not form part of the statutory financial statements Page 7