Company Registration No. 03328436 (England and Wales)
Registered Charity Number . 1064922
Lancashire Partnership Against Crime Limited
Report of the Trustees and Financial Statements
for the Year Ended 31 March 2024
(Limited by Guarantee)
'ADG091CG*
2611112024
COMPANIES HOIJSE
A16
#115

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examinerfs Report to the Members
Statement of Financial Activities
8alance Sheet
Notes to the Flnanclal Slaternents
10

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their
report and the audited financial statements of the charity for the year ended 31 March 2023. The trLSStees have
adopted the provisions of the Statement of Recommended Practice {SORPI °Accounting and Reporting by
Charities" in preparing the annual report and financial statements of the charity. The financial statements have
been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the
charily's governing documenl, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable lo charities preparing their accounls in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company Number
03328436 (England and Wales)
Registered Charlty Number
1064922
Reglstered Offlce
PO Box 78
County Hall
Preslon
PR1 8HX
Truslees
David Ronald Smith (Chaimian) OBE
John Barnett MBE DL
Roger James Dudley Berry
Philip Neil Davldson
Ann Dean OL
Adrian French
Graham Leonard George Gooch
Dr Allison Elizabeth Jones PhD
Dennis Mendoros OBE DL
Russell Millhouse
Katherine O'connor MBE
Suzana Sheldon-Edwards DL Cmgr, FCMI, FRSA
Andrew James Snowden
Wendy Ann Walker QPM
Edwin John Walsh MBE
Altaf Hussain Yusuf
Clive Grunshaw
Resigned 14th June 2023
Resigned 161h May 2024
Appoinled 161h May 2024
Company Secrelary
Lancashire County Council
Accountants
MHA
Richard House
9 Winckley Square
Preston
PR13HP
Page 3

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
REPORT OF THE TRUSTEES FOR
THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity Is controlled by its governing document, a deed of Irust, and constitutes a limited company, Ilmited by
guarantee, as defined by the Companies Acl 2006. The Memorandum and Articles of Association were amended
and approved on 29 June 2017 and the amended constitution is as follows.,
The Charlty has two statutory classes of director, A directors and B directors.
The following pemianent organisalions have the power to appoint A directors as follows-.-
Lancashire Conslabulary- 2
Lancashire County Council
The Police and Crime Commissioner-
Lancashire District Leaders Group - 1
Class A dlrectors have the power lo appoint Class 8 directors.
Training is provided for Directors as required.
Related party
LANPAC Limited i¥ a wholly owned subsidiary of the charity. A summary of the transactions undertaken wilh
LANPAC during the year is set out in note 9 of the financial statements.
OBJECTIVES AND ACTIVITIES
Alm of the Charlty
The Lancashire Partnershlp Against Crime was established in 1992 and Is a partnership of Lancashir8
Businesses, Public Services and Voluntary organisations working together to reduce levels of crlme and dlsorder
across Lancashire, Blackpool and Blackburn with Darwen. The Partnership has charitable status and is a
company limited by guarantee which raises valuable additional resources through fundraising events, charitable
donations and grants. The aim of the charity is to promote the prevention and reduction of crime and anti-social
behaviour in Lancashire and to support initialives that lead to increased community safety and better quality of
life for our region's residents and visitors.
Achlevements in the year
The Charity's main activity continues to be Ihe payment of grants for projects linked to the prevention of crime.
Many of the schemes th8 charity helps were designed to reassure and protect the vulnerable and elderly, reduce
incidents of criminal damage and anti-social behaviour. reduce vehicle crim8 and domestic burglaries in addition
to engaging with young people to introduce them into constructive leisure time activities.
The charity continues lo award grants on application. Each grant application is reviewed and authorised where it
is considered to satisfy the objects'ves of the charity.
In establishing the objectives and activities of the Charity. Ihe Directors have had due regard to the guidance
published by the Charity Commisslon on public benefil.
During the year, Ihe charity awarded 90 grants to various organisalions and hosted successful conferences on
rural crime Prevention and other areas of crime prevention relevant to members.
Page 4

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Our Fundlng
Established in 1992 the Lancashire Partnership Against Crime has gone from strength to strength with over £4
million being allocated towards projects county-wide. providing a signfficant addition to community safety and
prosperity and making a real difference to the community of Lancashire.
Funds are raised in the charity largely from donations. Through the trading subsidiary, LANPAC Limited, we also
ralse funds from various events and the annual membership fee received from our members. LANPAC members
represent the complete spectrum of Lancashlre's businesses and public services, Including the police, local
authorities, national companies with branches in the county, small local firms. places of worship and even sole
traders. No organisation is loo large or small and our graduated system of membership fees is designed to ensure
that no one is excluded. We believe that our members exemplify the best of Lancashire, people who understand
the importance of corporate social responsibility and ils growing impact, both on their working environment and
the way they themselves are perceived by their customers.
The charlty or any person on behalf of Ihe charity does not ralse funds from the publlc by fundraising and does
not use professional fundraisers.
Our Members
The support of our members is vital to our success. We encourage partnership working and encourage matched
fundlng being sought lo complement any monies allocated by LANPAC lo pump-prime projects. As a result, this
has mulliplied our initial outlay fourfold, so that, in real terms, for every £400 donated to LANPAC in the form of a
membership fee, it is in reality worth £1,600 to our charity
Financial review
Total incoming r8sources forthe yearwere £104,234 {2023'. £108.534). Totsl resources expended were £193,426
{2023: £145,787). The charity had net outgoing resources of £89,12912023- £37,253).
Ras6rves pollcy
The free reserves of the Charity as at 31 March 2024 were (£10,616) (2023: £78,576). The directors are regularly
promoting grant applications, however grants awarded depend on the volume and quality of applications received.
Investment powers
Under Ihe Articles of Association the Oirectors have Ihe power lo expand the funds of the company in such a
manner as they shall consider most beneficial for Ihe achievement of the objects.
Risk management
The trustees have a duly to idenlify and review the risks to which the charily is exposed and lo ensure appropriate
controls are in place to provide reasonable assurance against fraud and error. The main risk to Ihe charity is
ensuring that grants are awarded to bona fide projects. All projects applicalions are reviewed and the projects
visited wherever possible.
Going concern
The Trustees consider that the charity has sufficient reserves to meet liabilities as they fall due for a period of at
least I￿e1ve months from the date of the signing of the accounts. As such, the accounts are prepared on a going
concern basis.
Page 5

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Remuneration of koy management personnel
The salary of the key managem8nt personnel is mel by Lancashire Constabulary and is in accordance with the
relevant Lancashire Constabulary remuneration scales.
PLANS FOR FUTURE PERIODS
The Charity plans to continue its grant making activities and to reduce reserves through the awarding of larger
amounts to suitable bigger projects. The Charity will also provide praclical support in the fomi of conferences.
particularly in those areas which are seen as priorities.
This report has been prepared In accordance wllh Ihe special provislons of Part 15 of Ihe Companies Act 2006
relating lo small companies,
0910712024
Approved by the Board of Trustees on
and were signed on its behalf by .
Oavld Ronald Smllh OBE - Trustea
Page 6

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF LANCASHIRE PARTNERSHIP AGAINST
CRIME LIMITED
FOR THE YEAR ENDED 31 MARCH 2024
I report to the charity Irustees on my examination of the accounts of Ihe charity for the year ended 31 March 23
which are sel out on pages 8 to 19.
Responsibilities and basls of report
As the charity trustees of the company {and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
{'the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your company's
accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Acl')- In carrying out my
examinatlon I have followed the Directions given by the Charity Comrnission under section 145(5){b> of the 2011
Act.
Independent examinerfs stalement
I have completed my examination. I confirni that no matters have come lo my attention in connection wilh the
examination giving me cause to believe that in any malerial respect-
1.8ccounting records were nol kept In respecl of the company as required by section 386 of the 2008 Act. or
2.the accounts do nol accord with thos8 records; or
3.the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an
independent examination. or
4.the accounts have not been prepared in accordance with th8 methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
{FRS 1021.
I have no concerns and have come across no other matters in connection with the examination lo whlch
attention should be drawn in this report in order to enable a proper understandlng of the accounts to be
reached.
Signed:
(i(ttfi
Nicola Mason FCA DChA
MHA
Richard House
Winckley Square
Preston
PR13HP
1210712024
Date
Page 7

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
STATEMENT OF FINANCIAL ACTIVITIES {INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrlcted
general Restricted
funds
funds
Total
funds
2024
Total
funds
2023
Income and endowments from
Note
Oonations and legacies
Charitable aCtI￿lieS
In*stments
21,490
78,062
100
99,552
100
4,582
77,864
100
30,570
4,582
Total Incomlng resources
26,072
78,162
104,234
108,534
Expondlture on
Charitable aclilities
115,264
78,162
193,426
145.787
Total resources expended
115,264
78,162
193.426
145.787
Net {outgolng} I Incomlng resourcas
(89,192)
(89,192)
<37,253)
Transfers
Reconclllatlon of funds
Balances brought forward at 1 April 2023 12
78,576
5,709
84,285
121,538
Balances ¢arrled forward at 31 March
2024
12
{10,616)
5,709
{4,907)
84,285
Page 8

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Unrestrlcted Rastricted Total funds Total funds
fund
funds
Note
Investments
Current a88ets
Cash at bank
35,933
5,709
41,642
128,873
35,933
5,709
41,642
128,873
Current Ilabllllles
Amounts falllng due within one year
10
(41551)
{46,551)
(44,590>
Nat current assets
(10,618)
5,709
{4,9091
84,283
Net assets
(10,616)
5,709
{4,907)
84,285
Represented by:
Unrestrl¢ted fund8
Re8lri¢ted funds
(10,616)
{10,616)
5,709
78,576
5,709
5,709
110,616)
5,709
(4,907)
84,285
For the flnancSal year ended 31 March 2024 Ihe company was entitled to 8xempiion from audlt under secllon
477 of the Companies Acl relating to small companies.
The directors acknowledge their responsibilities for complying with the requlrements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The members have not required the company lo obtain an audit of its financial sialements for the year In
question in accordance with section 476.
These financial slalements have been prepared in accordance with the provisions applicable to companies
subject to the small companies, regime.
0910712024
were approved by the Board of Trustees on .
The financia
by.,
stat
en
and were signed on its behalf
David Ronald Smith OBE - Trustee
Company Registration No. 03328436 (England and Wales)
Page 9

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of eslimation uncertainty In the
preparation of the financial statements are as follows'.-
Basis of preparing the financial statements
Lancashire Partnership Against Crime Limiled is a incorporated charity in England. In the event ofthe charity
being wound up, the liability in respecl of the guarantee is limited to £1 per member ofthe charity. The address
of the registered office is given in Ihe charity infomialion of these financial statements. The nature of the
charity's operations and principal activities are in the detailed in the Report of the Trustees.
The charity constitutes a public benefit entity as defined by FRS 102. The financial slalements have been
prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charit18s preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019 ,the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011, Ihe
Companies Act 2006 and UK Generally Accepted Accounting Practice.
The flnanclal statements are prepared on 8 going concern basis under the hlstorical cost convention, modlfied
to include certain items at falr value. The financial slalemenls are presented in sterling which is the functional
currency of the charity and rounded lo the nearest £000.
The slgnificanl accounting policies applied in Ihe preparallon of these financlal ststemenls are set oul below.
These policies have been consistently applied to all years presented unless otherwise stated.
Preparation of the accounts on a going concem basis
The financial statements have been prepared on a going concern basis and the trustees believe that no
material uncertainties exist. The Trustees consider that the charity has sufficient reserves to meet liabilities
as they fall due for a period of at least trwelve months from the date of the signing of the accounts.
Income recognilion
Grants and other donations
income from donations is included are included when the charity is legally
entitled to Ihe income after any performance conditions have been mel, Ihe amount can be measured reliably
and it is probable Ihat the income will be received.
Gift aid donations
the subsidiary company, LANPAC Limited covenanls to pay to the partnership a sum
equal to 1 OOOA of the annual taxable profit of the company for each accounting period. This is accounted for
when received.
Interest receivable - Interest is Included when receivabl8 by th8 charity.
Page 10

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Income recognitlon
Donated facilities and donated professional servlces are recognised in income at their fair value when Iheir
economic benefit is probable, il can be measured reliably and the charity has control over the item. Fair value
is determined on Ihe basis of the value of the gift lo the charity. For example the amount the charity would be
willing lo pay in the open market for such facilities and seNices. A corresponding amounl is recognised in
expenditure.
Expenditure recognition
All expenditure is accounted for on an accruals basls and has been classified under headings that aggregate
all costs felaled to the category. Expendilure is recognised where there is a legal or constructive obligation to
make payments to third parties, il is probable that the settlement will be required and the amount of the
obligatlon can be measured reliably. 11 is categorlsed under the following headings:
Expenditure on charitable activities includes grants, conferences, professional fees
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Grants payable to third parties are within the charitable objectives. Where unconditional grants are
offered, this is accrued as soon as the recipient is notified of the grant. as this gives rise to a reasonable
expectation that the recipient will receive the grants. Where grants are conditional relating to performance
then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity
Investments
Investments in subsidiaries are measured at cosl less impaimienl
Future commitments
Future commitments are lo be met from future income. Such commitments are not provided for until the
relevant expenditure becomes due.
Taxatlon
The charity is an éxempt ch8rity within the meaning of schedule 3 of the Charfties Act 20118nd Is considered
to pass the 18sls sel out in Paragraph 1 Schedule 6 Flnaneé Act 2010 and therefor8 It meets the definition of
a charitable company for UK corporation tax purposes.
Judgements and key sources of estimation uncertalnty
There are no judgements or key sources of eslimation.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objeclives at the discretion of the trustees.
Reslricled funds can only be used for particular restricted purposes within the objects of the charity.
Reslriclions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each funds is included in the notes to the financial
statements.
Page 11

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
2. DONATIONS
Unrearlcted
general Restricted
funds
funds
Total
funds
2024
Tolal
funds
2023
Note
Oonalions
Oonalion in kind
21.490
21,490
78,062
7,251
70,613
78,062
21,490
78,062
99,552
77,864
The charity also benefits from using office space al Lancashire Constabulary but the value of thls cannot be
measured with reasonable accuracy.
Prior year
Unrestrlcled
gèneral Restrlcted
funds
fund8
Total
funds
2023
Tolal
funds
2022
Note
Oonations
Oonation in kind
7,251
7,251
70,613
26.449
58,875
70,613
7,251
70,613
77,864
85,324
Page 12

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
3. INCOME FROM CHARITABLE ACTIVITIES
Unre*ricted
general Restricted
funds
funds
Totsl
funds
Total
funds
2024
2023
shrie￿IlY Rose BO￿ granl
100
100
100
100
100
100
Prior year income relates to restricted funds.
4. INVESTMENT INCOME
Unrestricted
general Restrlcted
funds
funds
Total
funds
2024
Tolal
fvnd$
2023
Deposit account Inleresl
Income donated by the subsidiary
company
1,149
3,433
1,149
3,433
570
30',000
4,582
4,582
30,570
Prior year income relates to unrestricted funds
Page 13

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
5. CHARITABLE ACTIVITIES COSTS
Unre*rlcted
general Restricted
fvnds
funds
Total
funds
Tolal
funds
2024
2023
Project grants
Bank charges
Conference costs
Wages and salaries
Go*mance costs
93,228
51
18,656
100
93,328
51
18,656
78,062
3,329
60,291
50
11,778
70,613
3,055
78,062
3,329
115.264
78,162
193,426
145,787
All grants are made to tyganisations and community groups.
Prior year
Unrestricted
Total
Tota I
general Restricted
funds
funds
funds
2023
funds
2022
Prolect grants
Bank charges
Conference costs
Wages and salaries
Gokemance costs
60,191
100
60,291
38,631
49
7,105
58,875
4,049
11,778
11,778
70,613
3,055
70.613
3,055
75,074
70,713
145,787
108,709
NET INCOMINGIIOUTGOING) RESOURCES
Net income l (expendilure) is stated after charging
2024
2023
Independent examination fees
3.329
3,055
Page 14

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STAFF COSTS
2024
2023
Note
Wages and salaries
National Insurance contributions
Pension Conlnbutions
62.411
57,570
5,371
7,672
6,103
78,062
70,613
There are 2 employees {2023= 2). No employees received total employee benefits (excluding employer
pension costs) of more than £60.000
Kéy management personnel
The remuneration (including National Insurance and pension contributions) in respect of key management
personnel for the year included above was £46,314.
TRUSTEES, REMUNERATION AND BENEFITS
No trustees received remuneration or other benefits for servlces as a trustee for the year ended 31 March
2024, nor for the year ended 31 March 2023. One of the trustees is jointly responsible for the day to d8y
admSnistration of the charity and ils subsldiary and the cost of these $8rvices {logether with the cost of other
administrative staffj is met by Lancashire Constabulary and shown as both a donation in kind {Note 2) and
expenditure (Note 7).
There were no trustees, expenses paid for the year ended 31 March 2024, nor for the year ended 31 March
2023.
Page 15

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FIXED ASSET INVESTMENTS
2024
2023
In￿stment in subsidiary company - LANPAC Limlt8d
LANPAC Limited (company number 03365702).
Class of thare:
holdlng
Ordinary
100
2024
2023
Fixed assets
Cu￿ent assets
Currenl liabilties
1,384
141,149
{11,717)
2,076
87,976
(5,691)
130,816
84,361
Aggregate capital £2 and reSer￿S
130,816
84,361
Turno48r
Cost of sales and administrati￿ expenses
Donations
Distributions to parent charity under gift aid
Bank interest receivable
Corporation lax
78,029
(14,862)
57,935
(10,756)
{3,433)
1.109
17,654)
{30,000)
127
Retained profil less distributions
53.189
17,306
Page 16

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 MARCH 2024
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Amounts due to subsidiary undertaking
Unpaid share capital in subsidiary
Accruals and deferred income
43,220
41,562
3,329
3,026
46,551
44,590
11. MOVEMENT IN FUNDS
Current year
Brought Incoming Resources
lorward resources expended Transfers
0110412023
Carried
fonvard
3110312024
Unrestricted funds
Generdl fund
78,576
26,072
(115,264
(10,616)
Restrlcted funds
Police Crime Commlssioner Fund
Shrie￿IlY Rose 80
Donation in kind
5,709
5,709
100
78,062
{100)
{78,062)
Total restricted funds
5,709
78,162
{78,162)
5,709
Total ￿ndS
84,285 104,234
{193,426)
{4,907)
The balances on Ihe restrlcted funds represenl donations received which have not yet been allocated to
projects. The balance on the Police Crime Commissioner Fund is for projects under the Communlty
Action Fund.
Page 17

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
11. MOVEMENT IN FUNDS
Prior year
Brought Incoming Resources
forward resources expended Transfers
0110412022
Carried
forward
3110312023
Unrestricted funds
General fund
115,829
37,821
<75,074)
78,576
Restricted funds
Police Crime Commissioner Fund
Shrievaliy Rose 8ovA
Donation in kind
Total restrlcted funds
5,709
5,709
100
70,613
70,713
{100)
(70,613)
{70,713
5,709
5,709
Total fvnds
121,538 108,534
1108,709)
84,285
12. NET ASSETS FUND
The current year split of assets by fund is included on the balance sheet. The split for prior year is as
follows..
2023
Unr¢ari¢t8d Restricted Totsl funds
fund
funds
In*slments
Current assets
Current liabilities
123,164
{44,5901
5,709
128,873
(44,590)
Tolal funds
78,576
5,709
84,285
13. RELATED PARTY DISCLOSURES
During the year, the following transactions have taken place be￿een The Lancashire Partnershlp Against
Crime Limiled and its subsidiary company LANPC Limited.
Olstrlbutions received from LANPAC Limited in the year were £3.433 {2023'. £30,000).
Included within creditors is a balance due to LANPAC Limited of £43.219 (2023: £41.5621.
Page 18

LANCASHIRE PARTNERSHIP AGAINST CRIME LIMITED
NOTES TO THE FINANCIAL STATEMENTS- CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
14. EVENTS AFTER THE REPORTING DATE
In accordance with the18test ICAEW guidance, donations by a trading subsldlary to its parent charlty
cannot be recognised as an expense but must be recognised as 8 dlstribution.
Distributions can only be recognised when they are paid or when a legal obligation for their payment is
created. The distribution for the year ended 31 March 2024 of £64.276 will be made by the subsidiary and
recognised as income of the Charity in the year ending 31 March 2025.
Page 19