REGISTERED CHARITY NUMBER: 1071043 R Pau & Co L.imiled Chartered Certifird A¢¢uunlanls 12-16 Station Street Easl Coventry Wesl Midlands CV6 5FJ OVLNTRY GODIVA 'HARITAB STF on OR THE YF.AR ENDED30TH JI,'NE 2 24 Page Report of the Truytees I to 3 Independent Examiner's Report Statement of Flnancial Aetivitl¢s Stmtement of FlnRnciAI Posltion Iyotes to the Flnanclxl StAtement5 7 to 10 DelAiled Stiitement of Tr'in#nc'lRI Aetlvities I I to 12 VEN DIV RITABLE TR R¢.port of th R THE YEAR ENDED 30TH 024 The Irusiccs present their report with the financial statemen15 of the charily for the year ended 30th June 2024. The trustees have adopted the provisions of AcLounling and Reporting by Charities.. Statement of Recommended Prdctice applicable lo chdrities preparing their accounts in accord(Ince with Ihe Financial Reporting Standard applicable in the UK and Republic of Irell￿d {fRS 102) (effective l Jai)uary 2019). OIIIF.rfivES AND AcfiviTILS Objectives And Mims The object5 .StRle tliat the trustees shHII hold the Trust Fund and its income upon trust lo apply for any purpos¢ which is charitable ￿Cording to the Law of England and Wales whether for the benefit of any individual or group of people or for the benefit of any other organisation established for charitable purposes, provided always that the TNstees shall not ,Ipply the trust lund of any part thereof without first obiaiiiiiig the approval of th¢ Lions Club of Coventry Godiva at a Lions Club meeting, The Irustee5 have cortsider¢d tlic Charity Coiiiniissioii's gyuidanrc on Public Benefit, The work ofthe charity gives rise lo publi¢ bencfil by supportin¥ other rebTriScered cliarilies wilh dunalions und grants. Volunteers The charity required approximalely 2,400 hours of volunlcerfs efforts in ihc year to carry out its work. It is difficult 10 attribute an economic V471ue lo this contribulioii that th¢ volunteers Inake of their liine but is Crucial to the functioning of the cliarity. The trustees ensure that bi'st value is derived from the efforts of the volunteers. Page COVENT GODIV RITABL Re ortoftheT ces FOR THTr' YF.AR ENDF.I) 30TH E 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities In the current eoonomic conditions and with th¢ risiiig L()st of liviiig, cost of living , fundraising has continued lo be chall¢nging for many charilics of siinilar si£e and profile and relyirig 501ely on the efforts and support of our volunteers, This inevitably lead io curtailnienl of some of the C.hariiy's reguldr fuiidraising activities. Despite ihese challenges and greater need for support in (he lo¢al Communities and far afield, further doi)alions wer¢ received through on-line fund-raising appeals. In the wake of rising demand and number of homclcss and the needy requiring sUPPOrt. members of Lions ("lub of C.ovenlry Godiva Luiiliiiued voluiileerin¥ ihroughout the year in serving food for the homeless once a month in Coventry c.ity Ceiitre, including a special feed during the Diwali season. Support from our Volunteers and help from the our well-wishers, comniunity, this valuable s¢rvice is continuing. Fund-raising events like the C.harity'8 anniial (Jolt. tOLsmainenl. Diwali Celcbralions Night and th¢ Valentine's Night wntinued to turn out 10 be successful events during the year.. Other events held in the year were the annual Charter Gala celebrations. Merevale Walk 4￿d Abba Con¢crt As one of th¢ objccls of l.ioi)ism lo serve the coini)iunily on healih malters, a Hcalih Aworeness Day was hLld with a.%sistai)ce froni local Fl¢ath Partiierships and support services, proinoting awareness, prevciilion. rare and diag?iiosis of viirivus hLalih Londiiion.%. The Charity continued ils work of suprK)t1iiig organisations thal help the sick. the young and the elderly across many sectors of coinmunities INiih loually and abroad from the funds raised by the Club. Amongst others, some of the charities and orgaiiisation5 that received support were Birniin¥ham Children's Hospilal, University H05Pit&l Coventry & Warwickshire Kidney Cancer Unit, Circus Slarr, Kenya Villages Water Project, Parkinson5 Support, Sinakekele L"hildr¢n's 0￿hanage, Shile a l.ight, The Ups 4nd Down Charity. BEHT Vedanta Trust , Deinentia Ilub Partnership, Sevth Shukti ¥roup for Ihc elderly.. The Trust also provided sUPPLIrt in the year lo various projects undertaken by Lions Districts wid Lions c.lubs Intemhtion?£ l Foiindation io provide eniergency aid aiid huinanilarian tL8SiStanGe ul times of major disasters, inLluding l.ions Sighi Savers and North Sca Lions Appeal uiid other donations made in the year are shown in the arcounls. It Is ai)licipat¢d Ihmt the Club will continue with ils fundraisin8 and s¢rvi¢e aLtivitlCs in the future to enable the Charity to achieve its objectives. The Trust was not 4bl¢ to organise ihe annual eye camp this year but this is now contiiiucd in the current year We ￿e iher¢fore happy to report the trustees liav¢ considered the Charity Commission's guidance on public benefit. We Can confirni that these activities provid¢ a public benefit bec4u5e ihey support other charities and orgAnisations by donalions and grants. riNANflAI, RF.VIF.W Reserves poliLy Funds raised as general donations are utili5ed to make donations. However. where funds are raised for specific projects or events, these are identified separdtely, (earniarked), and donated towards the relevant proj¢¢ts or events as required. Reserves at the year end th¢refor¢ includ¢ funds that were raised as gcneral donatioiis that have not y¢1 been used to make donations And funds that have been re¢¢ived but ean)iarked for use on specific prvjects or Events. Where donations received for specific projects or events are sub5tllnlial but not yet spent at the year end, a relevant provision been n)ade in creditors and accruals. Over and alK)v¢ any funds held that have been eamiarked for specific projects and events it is the policy of the charity lo maintain some unr¢stri¢ted reservcs not committed or invesled in tangible assets. (Ihe free reserves of the charity), at R prudent level of £3,000 or more. This is in order lo ensure that seed funding is available for new projects to be started when necessary. This target level has been achieved this year. sTRU￿11RE, GOVERNANCE AIYD MANAGEMENT Governing document The charity is controlled by its governing document, a deed of irust and constitutes an unincorporated ¢harity. Page 2 ENTR.Y GODIVA CHAR STF .)ort of the I'rustees FOR TFIE YEAR ENDED 30'fH JUNE The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The Charity was eslablished by a Declaration ofTru.81 Deed on 8th July 1998. OrganiLationAI 5truclure The trust Constilulcd by the deed and Ilie property Ilh¢ Irusl fund) is adininister¢d and manag)¢d by the trust¢es under the name of Lions Club Charitable Trust Fund under Ihc rules laid down in the Declaration of Trusl. The body of trusle¢s ¢onsisls of six person5 of wliich th￿C are noiiiinaled and three ex-officio. The nominated trustees are elected by a niiijority vote of the iru51ees for a thrL¢-y¢ar temi, new INstees are el¢¢tcd from th¢ gcncral membership. New truslccs do not r¢c¢ivc fonnal (r4iiiing but are giLiided iii their duties by the existing trusiees. All Inatter5 arc dL'lcrinii)cd by a 1ii8j£)rily vote of Ili¢ InisieLs iii¥ludii)by all day-to-day 1ii41nagement. IIF.Tr Tr.RF.NCF. ANf) ADMllYlS'fRAI'IVE DETAILS Il¢gistored Chmrily Jiuiiiber 1071043 Princii>nl ￿ddresS C'IO P'ttaiii & Co 16 Lythalls lane Covei)lry CV() 61",G I'ruslees Pr¢5ident Mr CJurLhariinjil S Phull (appointed I st July 2024) Mrs Duwiiidcr K Gahir (resigned I sl July 2024) Se¢relHry Mr J Dallani 'I,reasu￿r Mr Dilip Patani {appointed I sl July 2024) Truslees Mr ikishor Joblc npulra lappoinlLd 6th July 2022) Mrs tKulwindcr Kaur (appointed 6th July 2022) Mr Ainundeep S Maiikoo (appointed 6111 July 2022} Indepeiidont Exmmlner R Pau & Co l.iniitLd c.hartered C¢rtificd Accounlaii15 12-16 SillliM¢ies All iiicoiniiig re50ufLLS are included on the Stalemenl of FinAnciAI A¢tivitie5 when the charity is le8&lly entiiled lo the income and the amount can be quaiilified with reasoiiable accuracy. F.Ipenrtitiire Liabilities are recognised as expenditure ￿ soon as there is a legal or ¢onstruGlive obligation committing Ihe harity lo that expenditure, it is probable that a transfer of economic benefits will be required in settlement and th¢ ainouiil of th¢ obliguliun cali bL M¢￿Ured reliably. Expeiiditure is accouiited for on ac¢rnals ba515 and has beei) Classified under headings Ihlll aggregale all ￿sts rclaled to th¢ category. Where costs cannot be dire¢ily attributed lo particular hcadings they huvc bccn allocatcd lo activities on a basis ¢onsistcnl with Ihe use of rcsuurce5. T*xAtion The charity is exempt from lax on ils charitable activities. Fund Accountlng Unrestricted fliiids can be used in Hccordunce with the charitable objectives at the discretion of th¢ tru5t¢cs. Restricted funds can only be used for particular reslriclcd purposes within the objects of the charity. Restrictions aris¢ when 5pccificd by the donor or whcn funds are raised for particular restricted purpos¢s. Further explonation of the nature and pu￿05¢ of each fund is included in the notes to the financial statements. TRUSTEES, REMUNE114TION AND BENEFITS There were no trustees, rcmuneration or other benefits for the year end¢d 30th June 2024 nor for the year ended 30th June 2023. Trustees, expenses There were no tNstees' expe115es paid for the year ended 30th June 2024 nor for the year ended 30th June 2023. Page 7 continued... CHA 'I'ABL oles to the Finan tem OR I'HF. YF.AR ENDED 30TII J ontinued NF. 2024 STAFF COSTS Th¢ averag¢ monthly number of employees during the year w&s as follows.. 2024 2023 No employees received enioluments in excess of £60.000. COMPARATIVES FOR THE STATEMfr.NT OTr FINANCIAL Acfivii'iES Unrestricied fund IIYCOME AND ENDOWMENTS FROM Donations 35,675 LXPF.NDITURE ON Raisiny donalionb dnd charitable donations 41,387 NET INCOMk/(EXPEIYDITURE) (5.712} RLCONCILIAI'ION OF FUNDS Total funds broughi forward 24,455 TOTAL FUNDS CARRIF,D FORWARD 18,743 DEBTOR&• AMOUNTS FALLING DUE WITIIIN ONE YEAR 2024 2023 Prepayments 300 805 Page 8 continued... COVENTRY GODIVA C ARITABLE TR he Financial S ments- continued FOR"fHE YF.AR F.NDED 30.1.11 UNE 2024 CRLDITORS: AMOUNI"S FALLINC DUL WITHIN ONE YEAR 2024 2023 Other crcdilors 3.271 11,407 MOVEMENT IN FUIYDS Net movement in funds At 3016124 Ai 117123 Unrestricted funds General fund 18,743 (1,253) 17,490 TOTAL FUNDS 18.743 (1,253) 17,490 Net mov¢m¢nt in tunds, included in th¢ above are as lollows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 34.655 (35,908) (1,253) TOTAL FIINDS 34,655 (35,908) (1,253) CompMrAtlve5 for movement In funds Nd movement in funds At 3016123 Ai 117122 Unrestricted funds General fund 24,455 (5,712) 18,743 TOTAL FUNDS 24,455 (5.712) 18,743 Comparative net movement in funds, included in the ubove are as follows: Inwming resources Resources expended Movement in funds Unrestricted funds General fund 35,675 (41,387) (5,712) TOTAL FUNDS 35,675 (41.387) (5,712} Page 9 ontinued... cov TRY DIVA ARIT LETR FU otes ent5 - OR THE YEAR LNDED 30'1'H JUNE 2024 MOVEMENT IN FUNDS- continued A current year12 months and prior year 12 month5 combined position is as follows: Net movemeni in funds Al 3016124 At In122 Unrestricted funds General fund 24,455 (6,965) 17.490 TOTAL FUNDS (6,965) 17,490 A cU￿ent year 12 nionths and prior ycar 12 monihs combined net moven)¢nt in funds, in¢ludcd in the above are q follows.. Incoming resources Resources expended Movement in funds Unre5trlcted funds G¢nL'rnl fund 70,330 (77,295) (6,965) TOTAL FUNDS 70,330 (77,295) (6,965) RLLATED PARTY DISCLOSURES Thcre were no r¢latcd party transaclions for the yLar ended Joth June 2024, Page 10 OVENTRY GODIV ARIT RUST etmiled atement of ial A tivi OR THE YEAR F.NDLD 30"fH JUNE 2 2024 2023 INCOME AND ENDOWMENTS Donations George Perkins foundation New year's eve party Charter night Diwali party M¢n's health awareness Lions golf tournanient Valei)¢iiie nig>l)I Merevale walk Lovciilry City Council Qawali nighi Covei)lry Navigation PCN Homeless teed Kenilworth Festival Food Tirt collection G¢ner41 donalion Fix)d dvnalion appeal Abba Con¢ert 1.000 1.000 .100 3,977 600 3,150 4.546 5.514 9,632 6.229 5,623 340 500 2,293 600 1,175 987 66 10.685 271 273 3.369 400 34,655 35,675 Tot#1 In¢omlng resoureey 34,655 35,675 EXPTr:NDITURE RAisill8 donlltions New y¢arfs eve party Golf tournani¢nt Diwali party Charter night Kei)ilworth Festival Honieless feed Sundry exp¢nses Bank charges Mcn'5 Hcalth Awareness Qawali iii8ht Valentine night 6,139 2,065 1,600 2,600 280 3.032 6,551 4,136 1,809 528 105 5,154 1,664 1,592 5,140 22,261 20,135 ChAritllble don&¢ions University H05Pital Bimiingham Seva 5hakti group Other donations under £500 Carried forward 2,570 625 665 3,860 499 499 This page does not forni part of the statutory financial statements Pagell viti FOR TIIE, YF.AR ENDED 30TH JUNE 2024 2024 2023 ChAritAbl¢ donations Brought tonvard Nurpur School Project Turkey Earthquake AppeELI Cancer Research UK Donation - Otlier Lion Clubs Guardian Ballers Kenya Villagc$ Watcr Pr()ject rirsi Responders Parkinson's support University Hospital C & W- Kidney ¢an¢¢r Red Angles Homeless Charity Sinakckele Children's hom¢ Shine a light BEHT Vedanta Vision Trust 'rhe Ups and Down Charity LCIF sig)ht savers PakistAn Floods Appeal Demenlia Hub Pat1nership Coveniry Godiva Lions Eye C.amp5- India 3,860 500 499 2,000 5,001 150 ,000 4,200 1,001 100 2.100 -fOO 4,000 2.400 500 500 100 500 750 500 500 2,001 237 2,000 13,647 21.252 Total resources expended 35,908 | (1,253) 41,387 Net expendlture (5,712) This page does not fomi part of the statutory financial ststements Page 12