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2025-01-30-accounts

Enter SC No. below SC047086

APPENDIX 2

Enter charity name below

Shannon Hughes Foundation

Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts Receipts andpayments accounts
Period start date Period end date Period end date
For the period
from
30
Day
01
Month
2023
Year
to Day
29
Month
01
Year
2024
Section A Statement of receipts and payments
Unrestricted
funds
Restricted
funds
Expendable
endowment
funds
Permanent
endowment
funds
Total funds
current period
Total funds last
period
Total funds last
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Donations 4,705 4 4 4,705 3,417
Legacies - - - - -
Grants - - - - -
Receipts from fundraisingactivities - - - - -
Gross tradingreceipts - - - - -
Income from investments other than
land and buildings - - - - -
Rents from land & buildings - - - - -
Gross receipts from other charitable
activities - - - - -
- - - - -
A1 Sub total A1 Sub total 4,705 - - - - - - - - - - 4,705 4,705 4,705 3,417
A2 Receipts from asset &
investment sales
Proceeds from sale of fixed assets
Proceeds from sale of investments
A2 Sub total -
-
-
Total receipts 4,705
-
-
~~—~~
-
-
-
-
-
-
-
-
-
4,705
-
-
-
4,705
-
-
-
4,705
-
-
-
3,417
A3 Payments
Expenses for fundraising activities - - -
Gross trading payments - - -
Investment management costs - - -
Payments relating directly to charitable Payments relating directly to charitable
activities 443 443 443 443 443 216 216
Grants and donations 4,532 4 4 4,532 6,907
Governance costs:
- - - - -
Audit / independent examination - - - - -
Preparation of annual accounts - - - - -
Legal costs - - - - -
Other Other Other
- - - - -
- - - - -
**A3 Sub total ** 4,976 - - - - - - - - - - 4,976 4,976 4,976 7,123
A4 Payments relating to asset and
investment movements
Purchases of fixed assets
Purchase of investments
A4 Sub total -
-
-
Total payments 4,976
-
-
~~————~~
-
-
-
-
-
-
-
-
-
4,976
-
-
-
4,976
-
-
-
4,976
-
7,123
Net receipts / (payments)
A5 Transfers to / (from) funds
Surplus / (deficit) for year
271)
(
-
-
-
271)
(
3,706)
(
-
271)
(
-
-
-
271)
(
3,706)
(
~~——————~~

The Shannon Hughes Foundation SCIO Trustees report 27/01/2025

The trustees present the report and accounts of the Shannon Hughes Foundation for the Year ended 27[th] January 2025.

The accounts comply with the requirements of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 and the charity’s governing Document.

Charity Recognition

Shannon Hughes Foundation SCIO is registered with the Office of the Scottish Charity Regulator (OSCR) as a charity and is recorded on the list of Scottish Charities.

Registered Charity Number

SC047086

Principal Address

Trustees

Recruitment and Appointment of Trustees

Trustees are recruited, appointed or reappointed at the annual general meeting.

Governing Document

The foundation is a Scottish Charitable Incoiporated Org.anisation (SCIO) and its purpose and adn]inistration are set out in tlie constittition. Charitable Purposes - Why did we decide to start the Shannon Hughes Foundation. Tlie luiui(lation was staited in mell]oiy of beautiful daughter who passed away on 20th Api'il 20 Io aiTer a ith.ee year fight against Sarcoina whicli is a rai'e fonn of clllldhood c￿]cer. Ivas a very loving girl and always thought about others before herself. Slie ii"c?Ilted to give back to the charities that suppoited her throughout hei".journey. particularly wlien she was fit and feeling better. The cliarities that suppoi1ed us over the last few yeai's liave been simply amazing and helped us enonnously. They provided financial support, moral siipport and perhaps, Inost iniportantly. g.ave us oppoMinities as a fainily to create beaiitifiil and piiceless inenioiies ivith oiii pi"eoious daiighter. As liei parents, we have vowed to keep her legacy going. With the advice aIid siipport of her ainazin% followers, we decided die best way to hoiiour our relliaTkable daugliter was to laullch a foundatioii in her nanie. Be liK"e ￿. keep smiling. 's Vision and our Aims Through ongoing fundraising events and continued support froiii followers, our aim is to give soinething back to all the wondei'fiil ili(ii ilies that supported us. It's impoi1ant they continiie to provide tlieir Se￿iceS to all chil(tren and fainilies battling childhood cancer. To do so. they rely on donations and support. With funding from the Shannon Hughes Foundation, we would like to help fainilies going through clllldhood cancer by offering miich needed fjnancial assistance. A recent survey estimated a fainily's oiitgoings increase by £500 per Inoiith if theii child is attending hospital foi- tlie treatment of cancer. Many parents have to take leave fioiii woi'k to be witli theii- child Financial WO￿leS should not bc a burden wlien your cliild is figliting foi. theii. life. Another vital area we are keen to siipport are the organisations who specialise in the i"eseai"ch ￿]d developineiit of C￿"eS foi" childhood caiicei". We niust coiitinue to help fi￿d tliese elfoits and hope tliat one day, a cwe will be discovered. Oi cliildten should coiitinue to receive the best possible treatmeLits and support available.

Activities and Achievements Goals achieved: Slow year for charity donations alld no set fl￿draiserS organised £7,705 raised in year 8. Expenditure was £4976 and this was used on: Donations to other local charities like. sick kids liospital and support to individual families fighting children's cancel.. Fundllig to suppoit individual families Cash at bank ended at £30,831 Reserves Policy The tn]stees believe that the foundation shoiild inaintain a level of reserves siifficient to continue the charitable activities and to meet any other ongoing iing costs for at least six months. Continuation - Year 9 i year 9 we will contlliue to maiiitaill the profde of the chaiity within the local community, continue to fund raise alld donate inoney to families in a sin]ilar position that the Hughes family found themselves in dillln:, s illness.