Accounts 2022

REGISTERED COMPANY NUMBER: SC502566. (Scotland)

REGISTERED CHARITY NUMBER: SC047014

Report of the Trustees and Financial Statements for the Year Ended 30 April 2022 for Shaper Caper Limited

Ashton McGill Limited 25 Tay Street Lane

The Mews DD1 4EF

Shaper Caper Limited

Report of the Trustees for the Year Ended 30 April 2022

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 year ended 30 April 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC502566. (Scotland)

Registered Charity number

SC047014

Registered office Unit 6, Manhattan Works

Dundonald Street

Dundee

DD3 7PY

Trustees

Y Aguilar Executive Director

Dr T Connelly Director

H S Durward Chief Executive Officer

A C R McCusker

Solicitor (Resigned August 2021)

A McIntyre Head of Creative Learning

J H Robertson Director (Resigned March 2022)

J C Rutter Director

Thomas Nathan Small Artistic Director

Dr Aleksandra K WEBB Cultural Leader

Linzi Michelle McLagan Head of Education

V Simmons NHS Manager

Independent examiner

Ashton McGill Ltd

25 Tay Street Lane

The Mews

DD1 4EF

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity’s trustees are responsible for governance and ensuring that the charity’s activities are conducted to meet and further its charitable purposes, for which they may exercise all the powers of the organisation. The trustees of Shaper/Caper are the charity’s only members and comprise the organisations’ Board. A person automatically becomes a charity trustee of Shaper/Caper upon their admission to membership. Membership is open to any eligible individual who subscribes to the purposes of the charity and wishes to see them fulfilled. The Board comprises a maximum of twelve charity trustees. All Board members are non-executive with the day to day running of the charity, which is delegated to the Shaper/Caper Executive Director, Artistic Director and team.

Risk management

The board of trustees approved the charity’s business plan for a 5 year period. The latest business plan incorporating the risk register covered the period 2017-2022. This plan is regularly review and refreshed.

Approved by order of the board of trustees on _________________________________ and signed on its behalf by:

Y Aguilar - Trustee

Independent Examiner's Report to the Trustees of Shaper Caper Limited

I report on the accounts of the company for the year ended 30 April 2022, which are set out on pages three to eleven.

Responsibilities and basis of report

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of Page 21 OSCR I Independent Examination: A Guide for Charity Trustees the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

1. which gives me reasonable cause to believe that in any material respect the requirements:

o to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of he 2006 Accounts Regulations

o to prepare accounts which accord with the accounting records and comply with Regulation 9 have not been met, or

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Ashton McGill Ltd

25 Tay Street Lane

The Mews

DD1 4EF

Date:

Shaper Caper Limited

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)

(b)

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022. ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 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 special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Trustees on _____________ and were signed on its behalf by:

Y Aguilar -Trustee

Shaper Caper Limited

Notes to the Financial Statements for the Year Ended 30 April 2022

1.

ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Incoming resources include:

The National Lottery

The Rank Foundation

The Scottish Government National Health Service

RS MacDonald

D'Oyly Carte Charitable Trust

The Corra Foundation

Shared Care Scotland

Scottish Council for Voluntary Organisations

Resources expended

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.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

Office equipment

1-10 years straight line

3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the net income/(expenditure) for the year.

All assets costing more than £250 are capitalised.

Employee Benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Leases Fund accounting

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the leases. All other leases are classified as operating leases.

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

There were no trustees' remuneration or other benefits for the year ended 30 April 2022 nor for the year ended 30 April 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2022 nor for the year ended 30 April 2021.

The average monthly number of employees during the year was as follows:

No employees received emoluments in excess of £60,000.

4. TRUSTEES' REMUNERATION AND BENEFITS

Notes to the Financial Statements - continued for the Year Ended 30 April 2022

Net movement in funds, included in the above are as follows:

Comparative net movement in funds, included in the above are as follows:

Shaper Caper Limited