**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: 

- Lack of volunteers coming forward to undertake roles, without which LAC would not be able to con�nue; 

- 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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## **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: 

1. accoun�ng records were not kept in respect of the Trust as required by sec�on 130 of the Act; or 

2. 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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|**INCOME AND EXPENDITURE ACCOUNT**<br>**Income**<br>Course Contributions<br>Diocesan Grants<br>HMRC Gift Aid<br>Interest<br>Miscellaneous<br>Other Donations<br>Regular Giving<br>Seedpot Cash<br>SumUp<br>**TOTAL INCOME**<br>**Expenditure**<br>BACC CLWs<br>BACC Subscriptions<br>Bank Charges<br>Costs of LAC Courses<br>Insurance<br>Music Licence (CCLI)<br>Other Costs<br>Website<br>**TOTAL EXPENDITURE**<br>**Excess Income over Expenditure**<br>**BALANCE SHEET**<br>Brought Forward<br>Excess (-shortfall) of income for year<br>Carried Forward<br>**Represented by:**<br>CAF Bank<br>Treasurer<br>Date|**Year to**<br>**31.03.2026**<br>**TOTAL**<br>**UNRESTRICTED**<br>**DESIGNATED**<br>2,050.00<br>£<br>2,050.00<br>£<br>-<br>£<br>-<br>£<br>-<br>£<br>-<br>£<br>1,633.63<br>£<br>1,633.63<br>£<br>-<br>£<br>39.48<br>£<br>39.48<br>£<br>-<br>£<br>-<br>£<br>-<br>£<br>-<br>£<br>48,247.26<br>£<br>247.26<br>£<br>48,000.00<br>£<br>6,829.00<br>£<br>6,829.00<br>£<br>-<br>£<br>682.52<br>£<br>682.52<br>£<br>-<br>£<br>55.81<br>£<br>55.81<br>£<br>**59,537.70**<br>**£**<br>**11,537.70**<br>**£**<br>**48,000.00**<br>**£**<br>1,250.00<br>£<br>1,250.00<br>£<br>325.00<br>£<br>325.00<br>£<br>62.75<br>£<br>62.75<br>£<br>12,158.70<br>£<br>12,158.70<br>£<br>332.00<br>£<br>332.00<br>£<br>100.00<br>£<br>100.00<br>£<br>163.80<br>£<br>163.80<br>£<br>A<br>19.19<br>£<br>19.19<br>£<br>14,411.44<br>£<br>14,411.44<br>£<br>-<br>£<br>45,126.26<br>£<br>2,873.74<br>-£<br>48,000.00<br>£<br>19,983.19<br>£<br>19,983.19<br>£<br>-<br>£<br>45,126.26<br>£<br>2,873.74<br>-£<br>48,000.00<br>£<br>65,109.45<br>£<br>17,109.45<br>£<br>48,000.00<br>£<br>65,109.45<br>£<br>17,109.45<br>£<br>48,000.00<br>£|**Year to**<br>**30.03.2025**<br>**TOTAL**<br>3,120.00<br>£<br>-<br>£<br>3,583.75<br>£<br>35.51<br>£<br>-<br>£<br>2,001.76<br>£<br>7,119.00<br>£<br>813.42<br>£<br>**-**<br>**£**<br>**16,673.44**<br>**£**<br>-<br>£<br>300.00<br>£<br>61.00<br>£<br>11,693.06<br>£<br>307.98<br>£<br>97.00<br>£<br>272.80<br>£<br>138.80<br>£<br>12,870.64<br>£<br>3,802.80<br>£<br>16,180.39<br>£<br>3,802.80<br>£<br>19,983.19<br>£<br>19,983.19<br>£|
|---|---|---|



Cursillo is registered at the US Patent Office® 

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## **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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## **INDICATIVE BUDGET FOR 2026-27** 

## **Income** 

|Course Contributions<br>Diocesan Grants<br>HMRC Gift Aid<br>Interest<br>Miscellaneous<br>Other Donations<br>Regular Giving<br>Seedpot Cash<br>**TOTAL INCOME**<br>**Expenditure**<br>BACC CLWs<br>BACC Subscriptions<br>Bank Charges<br>Costs of LAC Courses<br>Insurance<br>Music Licence (CCLI)<br>Other Costs<br>Website<br>**TOTAL EXPENDITURE**<br>Excess /Deficit<br>**Balance**<br>B / Fwd<br>Excess /Deficit<br>C / Fwd|3,000<br>£<br>-<br>£<br>13,500<br>£<br>900<br>£<br>-<br>£<br>230<br>£<br>6,500<br>£<br>642<br>£<br>**24,772**<br>**£**<br>500<br>£<br>350<br>£<br>75<br>£<br>11,000<br>£<br>350<br>£<br>105<br>£<br>220<br>£<br>100<br>£<br>**12,700**<br>**£**<br>**12,072**<br>**£**<br>65,109<br>£<br>12,072<br>£<br>77,181<br>£|
|---|---|



Cursillo is registered at the US Patent Office® 

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## **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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