## **SALFORD CHILDREN’S HOLIDAY CAMP Charity Number 224855** # **ANNUAL REPORT AND FINANCIAL STATEMENTS** **YEAR ENDED 31[ST] MARCH 2021** **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **Reference and administrative details** |Charity number|224855| |---|---| |Trustees|Anne Broomhead| ||Nick Abbott| ||Paul Blain| ||Eddie Lewis| |Principal address|Victoria Road West| ||Prestatyn| ||LL19 7AG| |Bankers|The Royal Bank of Scotland Plc| ||36 St Andrew Square| ||Edinburgh| ||EH2 2YB| |Independent Examiner|Mark R Heaton FCCA FCIE| ||KM| ||1stFloor, Block C| ||The Wharf| ||Manchester Rd| ||Burnley| ||BB11 1JG| 2 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **TRUSTEES ANNUAL REPORT** ## **Objectives and Activities** The charity’s object is to provide free holidays for children who would not otherwise have a holiday away from home. Practically this is to provide a holiday for the disadvantaged children of the City of Salford and the surrounding area, who would not otherwise have the opportunity to experience a lovely social and educational visit to the sea. The City of Salford is as constituted on 1[st] April 1974. The charity owns the land and buildings in Prestatyn, North Wales which are used for residential accommodation for schools and other users, with provision of meals etc if required. In the previous financial year a total of 726 visitors stayed at Camp including 418 young people from the City of Salford and their teachers, plus 61 disadvantaged young people from other areas. The Camp planned to grow these figures again during 2020/2021, however Covid-19 has resulted in closure for much of the financial year. From Summer 2021 bookings have restarted and we look forward to a more settled twelve months ahead of us. ## **Public benefit** The trustees have had due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. ## **Governance** The charity is governed by a conveyance dated 22[nd] September 1928 and a Scheme of 17 May 1976 as amended 25 March 2008. Trustees are appointed as required and supported by a management committee which consists of volunteers, some of those whom work strategically in fund raising, and publicising the camp, those whom directly impact on the organisation, administration and management of the Camp, and together confirm the prioritisation on the funds raised in maintaining and developing the facilities and presentation of the site and buildings. A full review of our governance is overdue and will be prioritised in the coming year, this to include the potential conversion to a Charitable Incorporated Organisation. 3 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **TRUSTEES ANNUAL REPORT (continued)** ## **Financial review** The charity’s finances show at 31[st] March 2021: Bank and cash balances – general funds £26,799 Investments £34,579 We aim to hold at least three months running costs in reserve, based on the 2019/20 accounts this would be around £25,000. At the year end the charity holds sufficient in reserve. A grant was received from The Cotton Industry War Memorial Trust for £40,000 for new playground equipment. At the year end £18,468 had not been spent. The receipts and payments for the year are set out on page 6. Approved by the trustees on 31 January 2022 and signed on their behalf by: N Abbott 4 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **Independent Examiners Report** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st] March 2021 are set out on pages 6 to 8. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirement of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect: 1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; 2. The accounts do not accord with those records; I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mark R Heaton FCCA FCIE Independent Examiner KM 1[st] Floor, Block C The Wharf, Burnley, BB11 1JG 31[st] January 2022 5 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **RECEIPTS AND PAYMENTS ACCOUNT** |**ECEIPTS AND PAYMENTS ACCOUNT**||| |---|---|---| |**General fund**
**Receipts**
Donations & fundraising
Fees and bookings
Investment income
Grants and other funding
Caravan sale
Festival & fair
Hallowe’en ball
Total receipts
**Payments**
Gas, water and electric
Insurance
Salaries, employers NIC & pension
Telephone
Food
Major repairs & equipment
General office/funding expenses
Hallowe’en ball
Accountancy and payroll charges
Maintenance
Total payments
Net receipts/(payments)
Cash funds last year end
**Cash funds this year end**
**Restricted funds**
Cotton Industry grant received
Play equipment funded by grant
**Cash funds this year end**
**Total cash funds at year end**|**31.3.2021**
**£**
2,305
14,681
743
17,784
-
-
-|**Last year**
**£**
5,758
44,352
1,003
20,675
4,750
2,195
36,290| ||35,513|115,023| ||7,930
2,941
20,050
1,163
794
-
4,849
-
996
7,779|8,427
5,862
27,205
1,577
8,231
17,741
8,184
12,692
915
3,528| ||46,502|94,362| |||| ||(10,989)|20,661| ||37,788|17,027| ||**26,799**|**37,788**| |||| ||40,000|**-**| ||(21,532)|**-**| ||**18,468**|**-**| |||| ||**45,267**|**37,788**| 6 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **STATEMENT OF ASSETS AND LIABILITIES AT THE END OF THE YEAR** ||Unrestricted|Endowment|Restricted| |---|---|---|---| ||funds|fund|fund| ||**£**|**£**|| |Bank and cash|26,799||18,468| |Freehold land & buildings (cost)|431,500||| |Fixture, fittings and equipment
(cost)|22,170||| |Investments (market value)|16,634|17,945|| Approved by the Trustees and signed on their behalf on 31 January 2022 by: Nick Abbott Trustee 7 **SALFORD CHILDREN’S HOLIDAY CAMP Year ended 31[st] March 2021** ## **NOTES TO THE FINANCIAL STATEMENTS** - 1 Basis of preparation These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities Act 2011. ## 2 Fund Accounting - (a) Unrestricted funds are those that can be expended at the discretion of the trustees in the furtherance of the objects of the charity - (b) Restricted funds are those that may only be used for specific purposes. Restrictions arise when specified by the donor. - (c) Endowment funds are those established on commencement of the charity. - 3 Taxation The charity is not liable to tax on its charitable activities. The charity is not registered for VAT. Irrecoverable VAT is included in the expense to which it relates. - 4 Transactions with trustees No remuneration nor expenses were paid to trustees, or any persons connected with them during the year or previous year. 8