REGISTERED COMPANY NUMBER: 04210715 (England and Wales) REGISTERED CHARITY NUMBER: 1099004
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2021
for
Worthing Lions Charitable Trust Ltd. (A Company Limited by Guarantee)
Worthing Lions Charitable Trust Ltd.
Contents of the Financial Statements for the Year Ended 30 June 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 to 7 |
| Notes to the Financial Statements | 8 to 18 |
| Detailed Statement of Financial Activities | 19 to 20 |
Worthing Lions Charitable Trust Ltd.
Report of the Trustees for the Year Ended 30 June 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Objectives and activities
The charity's objectives are any charitable purpose primarily for, but not limited to, the inhabitants of the town of Worthing and its neighbourhood.
The main activities undertaken to further the charity's purposes for public benefit are the operation of a fundraising shop and the organisation of fundraising events. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.
Achievement and performance
The charity's main fundraising events include collections throughout December, with an evening Christmas tree collection through residential streets and town centre buckets. Our fundraising events The Worthing Lions Festival in July and the firework display in November were cancelled due to Covid 19 restrictions.
The Lions shop was closed for part of the year due to Covid 19 restrictions and it reopened with necessary safeguards to ensure social distancing and adherence to Government guidelines. It is now open 6 days a week 9.30 am to 4.30pm.
Every member, who is able, helps with our events, either behind the scenes or up front. All of their time is given freely.
Financial review
The reserves of the charity are unrestricted reserves. The administration fund is an unrestricted, designated fund. The incoming resources of the administration fund include members' subscriptions and various small donations. Outgoing resources include dues to the District organisation and to Lions Club International Foundation.
Total income of the charity has decreased by 29% to £72,674, which is despite the charity being able to claim various retail Covid-19 support grants, the charity was unable to hold a number of events. Expenditure has decreased by 5% to £59,287, with net income in the year of £14,914 (2020: £39,605). At year end, the general unrestricted reserve amounted to £268,926 (2020: £254,012). This was made up of the following funds, general Fund amounting £109,300, the administration fund amounting to £10,854 and the designated fund of £148,772 for the purchase of a property in the future.
Page 1
Worthing Lions Charitable Trust Ltd.
Report of the Trustees for the Year Ended 30 June 2021
Structure, governance and management
The charity is incorporated under the Companies Act 2006. It is a company limited by guarantee. The charity is governed by the Memorandum and Articles incorporated on 3 May 2001.
The charity must have a minimum number of three trustees. At each annual general meeting one-third of the trustees who are subject to retirement by rotation or, if their number is not three or a multiple of three, the number nearest to one third shall retire from office, but if there is only one trustee who is subject to retirement by rotation, they shall retire. The trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment. No person other than a trustee retiring by rotation shall be appointed or reappointed a trustee at any general meeting, unless they are recommended by the trustees. The trustees may be appointed by ordinary resolution either to fill a vacancy or as an additional trustee.
Reference and administrative details Registered Company number
04210715 (England and Wales)
Registered Charity number
1099004
Registered office
85 Church Road Hove East Sussex BN3 2BB
Trustees
A G Carter J M Holley J A E Hollington L Hurren L Taylor
Company Secretary
K Anderson
Independent Examiner
Alasdair Wilson FCA Institute of Chartered Accountants in England and Wales Wilson Sandford Limited Chartered accountants 85 Church Road Hove East Sussex BN3 2BB
Page 2
Worthing Lions Charitable Trust Ltd.
Report of the Trustees for the Year Ended 30 June 2021
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
....................................................................
J M Holley - Trustee
Page 3
Independent Examiner's Report to the Trustees of Worthing Lions Charitable Trust Ltd.
Independent examiner's report to the trustees of Worthing Lions Charitable Trust Ltd. ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.
Responsibilities and basis of report
As the charity's 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 charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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the accounts have not been prepared in accordance with the 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 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alasdair Wilson FCA Institute of Chartered Accountants in England and Wales Wilson Sandford Limited Chartered accountants 85 Church Road Hove East Sussex BN3 2BB
Date: .............................................
Page 4
Worthing Lions Charitable Trust Ltd.
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 30 June 2021
| 2021 Unrestricted funds Notes £ Income and endowments from Donations and legacies 3 23,196 Other trading activities 4 48,041 Investment income 5 716 Other income 812 Total 72,765 Expenditure on Raising funds 6 30,564 Charitable activities Charitable donations 27,287 Total 57,851 NET INCOME 14,914 Reconciliation of funds Total funds brought forward 254,012 Total funds carried forward 268,926 |
2020 Total funds £ 21,685 77,718 1,924 760 102,087 37,564 24,918 62,482 39,605 214,407 254,012 |
|---|---|
The notes form part of these financial statements
Page 5
Worthing Lions Charitable Trust Ltd.
Balance Sheet 30 June 2021
| 2021 Unrestricted funds Notes £ Fixed assets Tangible assets 12 11,449 Current assets Debtors 13 3,941 Cash at bank and in hand 263,252 267,193 Creditors Amounts falling due within one year 14 (9,716) Net current assets 257,477 Total assets less current liabilities 268,926 NET ASSETS 268,926 Funds 16 Unrestricted funds 268,926 Total funds 268,926 |
2020 Total funds £ 13,371 467 241,846 242,313 (1,672) 240,641 254,012 254,012 254,012 254,012 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 6
Worthing Lions Charitable Trust Ltd.
Balance Sheet - continued 30 June 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. J M Holley - Trustee
The notes form part of these financial statements
Page 7
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements for the Year Ended 30 June 2021
1. General information
The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 85 Church Road, Hove, East Sussex, BN3 2BB.The business address is 115 George V Avenue, Goring-By-Sea, Worthing, West Sussex, BN11 5SA.
The principal activity of the charity during the year was charitable purposes primarily for, but not limited to, the inhabitants of Worthing and its neighbourhood.
The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).
2. Accounting policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Critical accounting judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Significant judgements
There are no judgements that management has made in the process of applying the entity's accounting policies that have a significant effect on the amounts recognised in the financial statements.
Key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Income
All income is included in the statement of financial activities when the charity is entitled to the income, any performance related conditions attached have been met or are fully within the control of the charity, the income is considered probable and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
continued...
Page 8
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
2. Accounting policies - continued
Income
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Donations and legacy income is received by way of donations, legacies, grants and gifts and is included in full in the statement of financial activities when receivable.
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Investment income is included when receivable.
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Income from other trading activity is accounted for when earned.
-
Government grants to compensate for the loss of current or future income are recognised in the period in respect of which they are paid..
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
-
Costs of raising funds comprise the costs associated with attracting donations, grants and legacies and the costs of trading for fundraising purposes.
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Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
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All costs are allocated between the expenditure categories of the statement of financial activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis, as set out in the notes to the accounts.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on reducing balance Plant and machinery - 25% on cost Fixtures and fittings - 10% on reducing balance Motor vehicles - 25% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
continued...
Page 9
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
2. Accounting policies - continued
Fund accounting
The unrestricted fund is available for use at the discretion of the trustees in furtherance of the general objectives of the charity and has not been designated for other purposes. The unrestricted, designated "administration fund" is available for use at the discretion of the trustees but has been designated for the administration of the charity, including for the receipt and payment of subscriptions.
Donated goods for resale and donated services
The trustees believe that it is impractical to measure the fair value of goods donated for resale and that the costs of valuation outweigh the benefit to users of the accounts and the charity of this information. Therefore, the donated goods are recognised on sale.
The contribution of unpaid general volunteers cannot be measured reliably. Therefore, the contribution of general volunteers is not included as income in the financial statements.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
3. Donations and legacies
| Donations Grants Subscriptions |
2021 £ 3,382 19,814 - 23,196 |
2020 £ 665 20,000 1,020 21,685 |
|---|---|---|
A business support grant of £20,000 was received from Local Government to compensate for loss of income during the coronavirus pandemic.
continued...
Page 10
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
3. Donations and legacies - continued
Grants received, included in the above, are as follows:
| Other grants 4. Other trading activities Shop income Fireworks Christmas collections Worthing Festival Raffles 5. Investment income Deposit account interest 6. Raising funds Raising donations and legacies Firework costs Christmas collection costs Worthing festival costs Other costs Support costs |
2021 £ 19,814 2021 £ 40,971 - 7,070 - - 48,041 2021 £ 716 2021 £ - 49 - 20 9,310 9,379 |
2020 £ 20,000 2020 £ 29,201 11,935 6,704 29,768 110 77,718 2020 £ 1,924 2020 £ 1,899 183 5,058 799 10,537 18,476 |
|---|---|---|
continued...
Page 11
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
6. Raising funds - continued
Other trading activities
| Purchases Support costs Aggregate amounts Grants payable Charitable donations |
2021 £ 21,185 - 21,185 30,564 2021 £ 27,287 |
2020 £ 18,353 735 19,088 37,564 2020 £ 24,905 |
|---|---|---|
7. Grants payable
A significant activity of the charity is to make donations. The donations were made to institutions and individuals as follows:
| Institutions Individuals |
2021 £ 23,553 3,734 27,287 |
2020 £ 22,159 2,746 24,905 |
|---|---|---|
| The analysis of total donations paid by nature is as follows: | ||
| 2021 | 2020 | |
| Activity Medical Community Educational Cultural Animal Alleviating poverty |
£ 3,733 10,870 4,250 - 3,000 5,434 27,287 |
£ 11,702 7,882 - 2,200 300 2,821 24,905 |
Donations to institutions over £100 were as follows:
continued...
Page 12
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
7. Grants payable - continued
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| 4Sight Vision Support | - | 245 |
| Adur Voluntary Action | 250 | - |
| Aspheleia fostering agency | 250 | - |
| Belarus Trust | 500 | - |
| Blueprint 22 | - | 500 |
| British legion | 250 | - |
| Broadwater Covid-19 Initiative | - | 320 |
| Broadwater Support Group | 100 | - |
| Butterflies Breast Cancer Support Group | - | 2,000 |
| Care for Veterans | 1,000 | - |
| Crafting for Covid | - | 200 |
| Cruse Bereavement Care | - | 500 |
| Donations 4 Refugees | 100 | - |
| East Worthing Food Bank | - | 250 |
| Family Support Work | - | 273 |
| Ferring County Centre | 3,000 | - |
| Friends of the Mombasa Children | - | 100 |
| Go Youth Activites | 1,500 | - |
| Heads On | - | 720 |
| Home-start Arun, Worthing and Adur | - | 250 |
| KSS Air Ambulance | 783 | - |
| Lions Club International District 105SE Foundation | 2,000 | 2,000 |
| Little Owls Nursery | 250 | - |
| Love Your Hospital | - | 5,000 |
| MACS Supporting children and young people charity | 500 | - |
| Mary's Meals | 250 | - |
| Mothers Union | 1,500 | - |
| Myaware | - | 500 |
| PCaSO Prostate Cancer Support Organisation | 250 | 500 |
| Royal Voluntary Service | - | 100 |
| Safe in Sussex | 494 | - |
| Seaside Hospital Radio | - | 250 |
| Sight Support Worthing | 1,500 | - |
| Super Stars Arts | 1,500 | - |
| Supporting Frontline Staff | - | 200 |
| Sussex Aid for Refugees | - | 100 |
| Sussex Air Cadets | - | 400 |
| Sussex SQUIDS Disabled Swimming Organisation | - | 500 |
| Suzanne Logan School of Dance | - | 1,000 |
| The Chatty Café Scheme | - | 300 |
| Thomas A Becket School NHS competition | 750 | - |
| Treasure Basket Association | 2,000 | - |
| Turning Tides | - | 250 |
continued...
Page 13
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
7. Grants payable - continued
| VIBE Project Visually Impaired Bowls England Wadars Animal Rescue Charity West Downs NHW Taskforce West Down Search and Rescue West Sussex County Council Child Asylum Team West Sussex Music Trust Worthing Air Cadets Worthing Boys Club Worthing Cats Protection League Worthing Cue Club Worthing Deaf 50+ Club Worthing Food Bank Worthing Musical Theatre Co Worthing Shopmobility Worthing Soup Kitchen Worthing Town Crier Donations under £100 |
500 - - 1,500 - - - - 1,500 - - - 250 270 - 250 - 556 23,553 |
- 137 200 - 750 169 1,200 200 - 100 120 250 250 - 885 250 1,000 190 22,159 |
|---|---|---|
8. Net income/(expenditure)
The independent examiner's remuneration amounts to an independent examination fee of £220 (2020 - £220) and other financial services of £974 (2020 - £974).
9. Trustees' remuneration and benefits
There were no trustees' remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2021 nor for the year ended 30 June 2020.
continued...
Page 14
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
10. Donated goods, facilities or services
The charity depends on volunteers to staff the charity shop, collect donations and organise fundraising activities, as well as organise the distribution of funds raised. The contribution of the volunteers cannot be reliably measured so is not recognised in the financial statements.
The charity shop relies on donations of goods for resale. The donated goods are usually second-hand clothing, jewellery, DVDs, CDs, books and general bric-a-brac. The donated goods for resale are recognised in the financial statements at the point of sale. The income is recognised as shop income.
11. Employee numbers
The average number of employees during the year was nil (2019: nil). No employees received employee benefits of more than £60,000.
12. Tangible fixed assets
| Fixtures Short Plant and and leasehold machinery fittings £ £ £ Cost At 1 July 2020 4,320 7,564 2,309 Additions - 1,772 267 Disposals - (89) - At 30 June 2021 4,320 9,247 2,576 Depreciation At 1 July 2020 432 5,547 310 Charge for year 432 1,846 227 At 30 June 2021 864 7,393 537 Net book value At 30 June 2021 3,456 1,854 2,039 At 30 June 2020 3,888 2,017 1,999 |
Motor vehicles £ 17,277 - - 17,277 11,810 1,367 13,177 4,100 5,467 |
Totals £ 31,470 2,039 (89) 33,420 18,099 3,872 21,971 11,449 13,371 |
|---|---|---|
continued...
Page 15
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
13. Debtors: amounts falling due within one year
| Amounts recoverable on contract Other debtors Prepayments and accrued income 14. Creditors: amounts falling due within one year Trade creditors Other creditors Accruals and deferred income |
2021 £ 1,150 658 2,133 3,941 2021 £ 2,254 3 7,459 9,716 |
2020 £ - - 467 467 2020 £ 466 - 1,206 1,672 |
|---|---|---|
15. Leasing agreements
Minimum lease payments under non-cancellable operating leases fall due as follows:
| Within one year Between one and five years Movement in funds Unrestricted funds General fund Admin Fund Property Designated Fund TOTAL FUNDS |
At 1/7/20 £ 243,218 10,794 - 254,012 254,012 |
Net movement in funds £ 14,854 60 - 14,914 14,914 |
2021 £ 11,583 5,000 16,583 Transfers between funds £ (148,772) - 148,772 - - |
2020 £ 11,000 16,583 27,583 At 30/6/21 £ 109,300 10,854 148,772 268,926 268,926 |
|---|---|---|---|---|
16. Movement in funds
continued...
Page 16
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
16. Movement in funds - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Admin Fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Admin Fund TOTAL FUNDS |
Incoming resources £ 70,265 2,500 72,765 72,765 At 1/7/19 £ 201,550 12,857 214,407 214,407 |
Resources Movement expended in funds £ £ (55,411) 14,854 (2,440) 60 (57,851) 14,914 (57,851) 14,914 Net movement At in funds 30/6/20 £ £ 41,668 243,218 (2,063) 10,794 39,605 254,012 39,605 254,012 |
|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Admin Fund TOTAL FUNDS |
Incoming resources £ 101,038 1,049 102,087 102,087 |
Resources Movement expended in funds £ £ (59,370) 41,668 (3,112) (2,063) (62,482) 39,605 (62,482) 39,605 |
|---|---|---|
continued...
Page 17
Worthing Lions Charitable Trust Ltd.
Notes to the Financial Statements - continued for the Year Ended 30 June 2021
16. Movement in funds - continued
The unrestricted, designated "administration fund" is available for use at the discretion of the trustees but has been designated for the administration of the charity, including for the receipt and payment of subscriptions.
The designated fund has been set aside to purchase a property in the future.
17. Related party disclosures
There were no related party transactions for the year ended 30 June 2021.
Page 18
Worthing Lions Charitable Trust Ltd.
Detailed Statement of Financial Activities for the Year Ended 30 June 2021
| 2021 Unrestricted funds £ Income and endowments Donations and legacies Donations 3,382 Grants 19,814 Subscriptions - 23,196 Other trading activities Shop income 40,971 Fireworks - Christmas collections 7,070 Worthing Festival - Raffles - 48,041 Investment income Deposit account interest 716 Other income Other income 812 Total incoming resources 72,765 Expenditure Raising donations and legacies Firework costs - Christmas collection costs 49 Worthing festival costs - Other costs 20 69 |
2020 Total funds £ 665 20,000 1,020 21,685 29,201 11,935 6,704 29,768 110 77,718 1,924 760 102,087 1,899 183 5,058 799 7,939 |
|---|---|
This page does not form part of the statutory financial statements
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Worthing Lions Charitable Trust Ltd.
Detailed Statement of Financial Activities for the Year Ended 30 June 2021
| 2021 Unrestricted funds £ Raising donations and legacies Other trading activities Shop costs 21,185 Charitable activities Grants to institutions 23,453 Grants to individuals 3,834 27,287 Support costs Management Sundries - Members' costs 2,432 Postage and stationery - Motor vehicle expenditure 1,071 Depreciation of tangible and heritage assets 3,871 Loss on sale of tangible fixed assets 90 7,464 Finance Bank charges 3 Governance costs Independent examiner's fee 1,268 Postage and stationery 240 Legal fees 335 1,843 Total resources expended 57,851 Net income/(expenditure) 14,914 |
2020 Total funds £ 18,353 22,159 2,746 24,905 35 2,693 30 1,403 4,367 1,551 10,079 4 1,194 - 8 1,202 62,482 39,605 |
|---|---|
This page does not form part of the statutory financial statements
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