OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Pages
Trustees' annual
report
1to 4
Independent
auditor's
report to the members Stog
Statement offinancial activities
Statement offinancial position 10
Statement ofcash flows
Notes to the financial statements 12to 17

Registered charity name Lifeline Fund
The charity changed its name from "Aquaid Lifeline Fund" to "Lifeline Fund" in January 2022.
Charity registration number 1080687
Principal office 6 Hall Green Lane
Fenstanton
Cambridgeshire
PE28 9JH
The trustees JCharter
Mr N Fernandez
Mr P Smith
Mr A Stephens
AUDITOR Streets Audit LLP
Chartered
Accountants
& Statutory Auditor
3 Wettbrook Couit
Girton
Cambridge
CB3 ONA
BANKERS Lloyds Bank pic
Gonville Place
Cambridge
CB2 IBQ
SOLICITORS Taylor Vinters
Merlin Place
Milton Road
Cambridge
CB4ODP

2021 2020
Unrestricted Restricted
funds funds Total funds Total funds
Note
Income and endowments
Donations
and
legacies 4 902,008 181,455 1,083,463 1,106,476
Investment income 5 8 8 6
Total income 902,016 181,455 1,083,471 1,106,482
Expenditure
Expenditure on charitable activities 6,7 906,039 177,075 1,083,114 1,075,251
Total expenditure 906,039 177,075 1,083,114 1,075,251
Net income (4,023) 4,380 357 31,231
Transfers between funds (17,364) ]7,364
Net movement in funds (21,387) 21,744 357 31,231
Reconciliation offunds
Total funds brought forward 264,303 13,830 278,133 246,902
Total funds carried forward 242,916 35,574 278,490 278,133

2021 2020
Note
Fixed assets
Tangible
fixed assets
443
Current
assets
Debtors 12 52,048 51,556
Cash at bank and in hand 227,799 231,131
279,847 282,687
Creditors: amounts falling due within
one year 13 1,800 4,554
Net current assets 278,047 278,133
Total assets less current liabilities 278,490 278,133
Net assets 278,490 278,133
Funds ofthe charity
Restricted funds 35,574 13,830
Unrestricted funds 242&916 264,303
Total charity funds 14 278&490 278,133

2021 2020
Cash flows from operating
Net income
activities 357 31,231
Adjustments for:
Depreciation oftangible
fixed assets
222
Other interest receivable
and similar income
(8) (6)
Accrued income (3,246) (11,870)
Cash generated
from operations
(2,675) 19,355
Interest received 8 6
Net cash (used in)/from
operating
activities
(2,667) 19,361
Cash flows from investing activities
Purchase oftangible assets (665)
Net cash used in investing activities (665)
Net (decrease)/increase
in
cash and cash equivalents (3,332) 19,361
Cash and cash equivalents at beginning ofyear 231,131 211,770
Cash and cash equivalents at end ofyear 227,799 231,131

Unrestricted Restricted Total Funds
Funds Funds 2021
Donations
Donations 247,224 173,021 420,245
Donations from Cooleraid Limited 579,970 579,970
Donations
Gift aid
from Aquaid Franchising Limited 31,200
43,614
8,434 31,200
52,048
902,008 181,455 1,0S3,463
Unrestricted Restricted Total Funds
Funds Funds 2020
Donations
Donations 297,548 95,412 392,960
Donations from Cooleraid Limited 618,760 618,760
Donations from Aquaid Franchising Limited 43,200 43,200
Gift aid 45,850 5,706 51,556
1,005,358 101,118 1,106,476
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
Bank interest receivable 8 8 6 6
Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2021
f 5
Donations to project work 904,209 177,075 1,0S1,284
Support costs 1,830 I,S30
906,039 177,075 1,083,114
Unrestricted Restricted Total Funds
Funds Funds 2020
Donations to project work 960,196 113,021 1,073,217
Support costs 2,034 2,034
962,230 113,021 1,075,251

7. Expenditu r e
on charitable
activities
by
activity type
Activities
undertaken Total funds Total fund
directly Support costs 2021
6
2020
f
Donations to project work 1,081,284 1,001,284 1,073,217
Governance costs 1,830 1,030 2,034
1,081,284 1,830 1,083,114 1,075,251
8. Auditors remuneration
2021 2020
f
Fees payable for the audit ofthe financial statements 1,500 1,200

11. Tangible fixe d assets
Fixtures and
fittings
Cost
At
1 September 2020
1,690
Additions 665
Disposals (1,690)
At 31August 2021 665
Depreciation
At 1 September 2020 1,690
Charge for the year 222
Disposals (1,690)
At 31August 2021 222
Carrying
amount
At 31August 2021 443
At 31August 2020
12. Debtors
2021 2020
f.
prepayments and accrued income 52,048 51,556

2021 2020
K
1,$00 4,554

Unrestr icted funds
At
I September At 31August
2020 Income
f
Expenditure Transters
f.
2021
General funds 264,303 902,016 (906,039) (17,364) 242,916
At At
I September 2 31 August 202
019
f
Income Expendituref Transfers 0
f
General funds 226,981 1,005,364 (962,230) (5,812) 264,303
Restricted funds
At
I September At 31August
2020 Income Expenditure Transfers 2021
Gomani
fund
100children
at day care 13,830 35,870 (28,912) 20,7$8
centre
Dalitso Project 97,704 (92,513) (4,717) 474
Springlake 47,881 (55,650) 22,081 14,312
13,830 181,455 (177,075) 17,364 35,574
At
I September At 31 August
2019 Income Expenditure Transfers 2020
Gomani
fund
100children
at day care 19,921 25,880 (31,971) 13,830
centre
Dalitso
Project 1,040
74,198
(1,040)
(80,010)
5,812
Springlake
19,921 101,118 (113,021) 5,812 13,830

15. Analysis ofnet as sets between funds
Unrestricted Restricted Total Funds
Funds Funds 2021
Tangible fixed assets
Current assets
443
244,273
35,574 443
279,847
Creditors
less than
1 year (1,800) (1,800)
Net assets 242,916 35,574 278,490
Unrestricted Restricted Total Funds
Funds Funds 2020
Tangible fixed assets
Current assets
268,857 13,830 282,687
Creditors less than 1 year (4,554) (4,554)
Net assets 264,303 13,830 278,133
16. Analysis ofchanges in net debt
At
At 1 Sep 2020 Cash flows 31Aug 2021
f
Cash at bank and in hand 231,131 (3,332) 227,799
17. Related parties