Leicester Anglican Cursillo® Registered Charity No 1037619
FINANCIAL REPORT AND ACCOUNTS FOR THE YEAR TO THE 31[ST] MARCH 2026
SUMMARY
The financial posi�on of Leicester Anglican Cursillo as at 31[st] March 2026 is very sa�sfactory. Our financial posi�on is now very secure thanks to an incredibly generous dona�on of £48 000 from Paul and Della Taylor. The Secretariat has agreed that this money (“The Taylor Fund”) will be designated so that it is used only for the costs of individuals a�ending a weekend, a CLW, a BACC mee�ng or to represent the dioceses at a Na�onal Ultreya. If we ignore the dona�on, then we made a loss of £2873.74 in 2025-6, but would s�ll have had £17109.45 in the bank at 31[st] March.
ACCOUNTS FOR 2025-26 FINANCIAL YEAR
The accounts are given on Page 3.
Please note that LAC uses the cash accoun�ng approach, which means that costs and income are registered when money is paid out or received. The headline figures are:
| Total Income: | £59 537.70 | Brought Forward: | £19 983.19 |
|---|---|---|---|
| Total Expenditure: | £14 411.44 | Surplus: | £45 126.26 |
| Surplus: | £45 126.26 | Carried Forward: | £65 109.45 |
We funded LAC #53 during the year and are in a posi�on to fund LAC #54 in October 2026 and LAC #55 in September 2027.
FORECAST FOR 2026-27 FINANCIAL YEAR
A forecast for the 2026-27 FY is given on Page 4. A surplus of about £12 000 is forecast; however this is because of a one-off Gi� Aid refund from the Taylor Fund of £12 000; without this, the forecast is that LAC breaks even. Total future costs for LAC 54 and 55 are given on Page 5. The majority of the cost for LAC#55 will not be incurred un�l the 2027-8 Financial Year.
RISKS
The major (existen�al) risks to LAC are:
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Lack of volunteers coming forward to undertake roles, without which LAC would not be able to con�nue;
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The Bishop withdrawing consent for LAC to operate, which would result in its closure.
Richard Tabberer (Treasurer) 16[th] June 2026
Carole Henson (Lay Director) 16[th] June 2026
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Registered Charity No 1037619
Cursillo is registered at the US Patent
Independent Examiner’s Report to the Trustees of Leicester Anglican Cursillo
Registered charity no.1037619
I report to the trustees on my examina�on of the accounts of Leicester Anglican Cursillo (the Trust) for the year ended 31[st] March 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity trustees of the Trust you are responsible for the prepara�on of the accounts in accordance with the requirements of the Chari�es Act 2011 (‘the Act’). I report in respect of my examina�on of the Trust’s accounts carried out under sec�on 145 of the 2011 Act and in carrying out my examina�on I have followed all the applicable Direc�ons given by the Charity Commission under sec�on 145(5)(b) of the Act.
INDEPENDENT EXAMINER’S STATEMENT
with the examina�on giving me cause to believe that in any material respect:
-
accoun�ng records were not kept in respect of the Trust as required by sec�on 130 of the Act; or
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the accounts do not accord with those records.
I have no concerns and have come across no other ma�ers in connec�on with the examina�on to which a�en�on should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Fiona Soar
c/o 23 Oxford Street
Shepshed
Loughborough
LE12 9HU
15[th] June 2026
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Registered Charity No 1037619
Cursillo is registered at the US Patent
| INCOME AND EXPENDITURE ACCOUNT Income Course Contributions Diocesan Grants HMRC Gift Aid Interest Miscellaneous Other Donations Regular Giving Seedpot Cash SumUp TOTAL INCOME Expenditure BACC CLWs BACC Subscriptions Bank Charges Costs of LAC Courses Insurance Music Licence (CCLI) Other Costs Website TOTAL EXPENDITURE Excess Income over Expenditure BALANCE SHEET Brought Forward Excess (-shortfall) of income for year Carried Forward Represented by: CAF Bank Treasurer Date |
Year to 31.03.2026 TOTAL UNRESTRICTED DESIGNATED 2,050.00 £ 2,050.00 £ - £ - £ - £ - £ 1,633.63 £ 1,633.63 £ - £ 39.48 £ 39.48 £ - £ - £ - £ - £ 48,247.26 £ 247.26 £ 48,000.00 £ 6,829.00 £ 6,829.00 £ - £ 682.52 £ 682.52 £ - £ 55.81 £ 55.81 £ 59,537.70 £ 11,537.70 £ 48,000.00 £ 1,250.00 £ 1,250.00 £ 325.00 £ 325.00 £ 62.75 £ 62.75 £ 12,158.70 £ 12,158.70 £ 332.00 £ 332.00 £ 100.00 £ 100.00 £ 163.80 £ 163.80 £ A 19.19 £ 19.19 £ 14,411.44 £ 14,411.44 £ - £ 45,126.26 £ 2,873.74 -£ 48,000.00 £ 19,983.19 £ 19,983.19 £ - £ 45,126.26 £ 2,873.74 -£ 48,000.00 £ 65,109.45 £ 17,109.45 £ 48,000.00 £ 65,109.45 £ 17,109.45 £ 48,000.00 £ |
Year to 30.03.2025 TOTAL 3,120.00 £ - £ 3,583.75 £ 35.51 £ - £ 2,001.76 £ 7,119.00 £ 813.42 £ - £ 16,673.44 £ - £ 300.00 £ 61.00 £ 11,693.06 £ 307.98 £ 97.00 £ 272.80 £ 138.80 £ 12,870.64 £ 3,802.80 £ 16,180.39 £ 3,802.80 £ 19,983.19 £ 19,983.19 £ |
|---|---|---|
Cursillo is registered at the US Patent Office®
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Registered Charity No 1037619
NOTES
- A Other Costs includes purchase of badges and of Sum Up card reader
Cursillo is registered at the US Patent Office®
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Registered Charity No 1037619
INDICATIVE BUDGET FOR 2026-27
Income
| Course Contributions Diocesan Grants HMRC Gift Aid Interest Miscellaneous Other Donations Regular Giving Seedpot Cash TOTAL INCOME Expenditure BACC CLWs BACC Subscriptions Bank Charges Costs of LAC Courses Insurance Music Licence (CCLI) Other Costs Website TOTAL EXPENDITURE Excess /Deficit Balance B / Fwd Excess /Deficit C / Fwd |
3,000 £ - £ 13,500 £ 900 £ - £ 230 £ 6,500 £ 642 £ 24,772 £ 500 £ 350 £ 75 £ 11,000 £ 350 £ 105 £ 220 £ 100 £ 12,700 £ 12,072 £ 65,109 £ 12,072 £ 77,181 £ |
|---|---|
Cursillo is registered at the US Patent Office®
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Registered Charity No 1037619
FUTURE COMMITMENTS FOR WEEKENDS
LAC #54 (8[th] – 11[th] October 2026)
Total Cost £ 16,133.64 Paid £ 3,426.70 Remaining Balance £ 12,706.94
The remaining balance will be due in October 2026
LAC #55 (9th – 12th September 2027)
Total Cost approx. £ 16,250 Paid £ 250.00 Remaining Balance £ 16,000
Costs are very approximate because of the uncertainties around numbers.
Approx £3200 will be due in 2026-27
Registered Charity No 1037619
Cursillo is registered at the US Patent Office®
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