REGISTERED COMPANY NUMBER: 04210715 (England aDd Wales) REGISTERED CHARITY NUMBER: 1099004 Re ort of the Tru5tee5 and Unaudited FiMaDcial Statemen r rthey r Ended 30th Jyne 2025 for HING LIONS CHARITABLF. TRUST LTD. Streets (Worthing) Limited Chartered Accountants 38 Salisbury Road . Worthing West Sussex BNII IRD
WORTHING LIONS CHARITABLE TRUST LTD. Contents of the Financial Statements for the Year Ended 30th June 2025 Page Report of the Trustees Independent Examiner's Rep>rt Statement of Finantial Aetivittes Balance Sheet Notes to the Financial St*ttmet)ts 6 to 12
WORTHING LIONS CHARITABLE TRUST LTD. Re ort of the Trustees ror the Year Endcd 30th June 2025 The trustees who are also directors of the charity for the PUTposes of the Companies Act 2006. ps¢t th¢ir report with the fthancial stat¢ents of the chariiy for the year ended ioth Jun¢ 2025. The trustees have adopted the provisions of A¢¢ouniing and Reporting by Chariiies= Slement of Recornmended Praaice applicable to charities preparing their atcounis Én accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). OWECTIVES AND AcfivITIES Objectives and aims The Charity's objectives are any ¢haTitable Purpose primarily for. but not limited to, the inhabitants of the town of Worthing and irs neighbourhood. The main actiVi(ies undertaken to further the chariiys purEx)ses for public benefit are th¢ operation of a ndraISIng shop and the organisation of fundrdising events. We have referred to the ouidance contained in the Charity Commi55ion's general guidanc¢ on public benefit when reviewing aims and objectiV¢s and in planning our future activities. ACIIIEVEMENT AIYD PERFORMANCE Charitable activities The charity's main fundrnising events include collections throughout December, with an evening Christmas tre collection ihrough r¢sid¢ntial streets and town centre buckets. The charity also undertak¢s fvndrnising Cvents including The Worthing Lions F¢stival in July and the firewotk display in November. The Lions also run a shop. The shop is open 6 days a week 9.io 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. FID4ANCIAL REVIEW Financial rcview The reserves of the charity unrestricted reserves. The administration fijnd is an unrestricted, designated fund. 'lThe incoming rcsourws of the administtation fund include tnembEf5' donations and various other small donations. Ovtgoing resources include dues to the District organisati(, Lion5 Club International and donations to Lions Club Iniemarional FoundatLOn. Total income of the charity has decreased by 190/0 to £1 11,090, mainly due lo the can¢ellalion of the ftrewotks and car boot. Expenditure has decreased by 26•/0 to £87,809 with net income in th¢ y¢ar of £23,181 (2024.. £17,710). Expenditure included a decrease to £38,547 in th¢ grdnts mad¢ for CharLb]e putposes. Ai year end. the genernl unrestricted reserve amounted to £355,138 (2024= £331,958). This was made up of the following funds, general fund amountitjg £147,000, th¢ administrdtion fvnd amounting io £IOJ54 and the designated fund of £197,584 for the purchase of a property in the ture. STRUCTURE. GOVERNANCE AND MANAGEMENT Governin% do¢ufflent The charity LS Lncorporated under the Companies Act 2006. It is a company limited by guarante¢, and is governed by its Memordndutn and Articles in¢orporat¢d on 3 May 2001. The charity must have a rninimlml numbcr of three trusiees. At each annual general meeting one-third of the trustees who are Subject to retirement by rotation or. if iheir number is noi three or a multiple of three. the number nearest to one third shall retire from otTice, but if there is only one uwsiee who is subject to reiiremeni by rotstion, they shall retir¢. The tmsiees to retire by rothtion shall be those who have been longest in orfice sittce (heir last appointment or reappointment. No person other than a trustre reiiring by rotstion shall be appointrd or reappointed a truste¢ at any generdl meeiin& unless they are recornmended by the trustees. The trustees may be appointed by ordinary resolution either to fill a vacancy or as an additional trustee. REFERENCE AND ADMINISTRATIVE DETAI Registered Company ttumbtr 04210715 (England and Walcs) Registered Charity number 1099004 Pag¢ I
WORTHING LIONS CHARITABLE TRUST LTD. Rc ort of ihe Tru4tees for tht Year Ended 30th June 2025 Registered olet 38 galisbury R(bad Wofthing West Sussex BNII IRD Truslee$ A G Carter J M Holley (resigned 13.2.25) J A E Hollington L Hurren L Tdylor A J Tincknell A J Holley (appointed 13.2.25) Independeni Examiner T Mills FCA Str¢¢is (Worthing) Limited Chartered Accountanis 38 Salisbury Road Worthin" West Sussex BNII IRD Approved by order of the knard of trustees on 26th January 2026 and signed on its behalf by: L Taylor- Trustee Page 2
Indt endeDI ExamiDee5 Re rt to the Trusttts of Wortbin Lions Charitable Trust Ltd. Independent examiner's report to the trustees of Worthing Lions Charitable Trust Ltd. ('th¢ Company.) I r¢pon to the charity tn]siees on my examinati of the accounts of the Company for the year ellded 30th June 2025. Responsibilities basi5 of report As the chariiy's trustee5 of the Company (and also its direaors for the purposes of colnpany law) you are resw)nsible for Ihe prepardtion of the acwunts in accordance with the requirements of the Compani¢5 Act 2006 Cth¢ 2006 A¢i'). Having sat15fied tnyself thai the accounts of the Company are not requar¢d io be audited under Part 16 of the 2(6 Act and are eligible for independent examination. I rewrt in respect of rny exalnination of your ¢h8riry's accounts as carried out under Section 145 of the Charities Act 2011 ('the 201 l Ac('). In carrying oul Tny examination I have followed the Directions given by the Chariry Commission under Section 145(5) 0>) of th¢ 2011 ACL Ind¢pendent examincr's staternent I have completed rny examination. I confirni that no matters have come to my attention in conne£tion with the examination givinu rne cause to believe.. accounting re¢ords were not kepl in reSct of the Company as required by Section 386 of the 2006 Act" or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounLS give a true and fair view which is not a rnattcr considercd as part of an independent examination,. or the accounts have not been prepared In ac¢ordan¢e with the methods and principles of the Statement of Recommended Practice for accounting and TeFM)rting by charities (applicable to charities preparing their accounts in accordan¢¢ with the Financial Reporting Stsmdard applicablc in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection Mith the examination to which attention should b¢ drawn in this report in order to enable a proper understsT]dsng of the a¢cout]ts to be reached. T Mills FCA Streets (Worthing) Litnited 38 Salisbury lioad Worthing W¢5t Su55¢X BNII IRD Date.. 25th February 2026 Page 3
WORTHING LIONS CHARITABLE TRUST LTD. Stattmcnt of Financial Attii'itics for thc Ycar Endcd 30th Junt ?025 2025 Unrc51ricted funds 2024 Total funds Notes INCOME AND ENDOWMEf4TS FROM Donations and lega¢ies 6,587 9,927 Other ttading a¢tiviti¢s Investm¢nt in¢ome Othcr income 94,73 9,311 462 115,939 10.896 888 Total 111091J 137650 EXPENDITURE OL¥ Raising funds 49J62 53.676 Charitable aetivities Cotnmunily Medical Educational Cultural Animal Alleviating p)verty 22.672 3,489 2,902 540 790 8.154 24.376 29,743 950 7.200 780 3.215 TotAI 119940 NET INCOME 23.181 17.710 RECONCILIATION OF FUNDS Totxl funds brought forward 331,9S7 314,247 TOT AL FUNDS CARRIED FORWARD 355.138 331.957 The noles f part of these fUe1a] statements Page 4
WORTHING LIONS CHARITABLE TRUST LTD. Bal¥nte Sheet 3(Ith June 2025 2025 Unrestrieted fund$ 2024 Total funds Notes FIXED ASSETS Tangible ass¢ts 10,621 9,999 CURRENT ASSETS Debtors Cash at bar and in hand 10 1,738 3SI 744 1,749 330 779 353,482 332,528 CREDITORS Amounts falling due within one year {8,965) (10,570) NET CURRENT ASSETS J44.517 321958 TOTAL ASSETS LESS CURRENT LIABILITIES 355.138 331,957 iYET ASSETS 355 138 331957 FUNDS Unrestricted funds 13 355 138 331957 TOTAL FUNDS 355 138 331,957 The charitablc company is entitled to ¢xempiion from audii under Seciion 477 of the Compani¢s Act 2006 for the year ended 30th June 2025. The members have noi required the company to obtsin an audit of its financial Statements for the year ended 30th June 2025 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge th¢ir r¢5ponsibiliiies for {a) ertsuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the slate of affairs of the charitsble company as at the end of each fLnat]cial year and ol its surplus or defi¢ii for eh financial year in accordance with th¢ requiremcnts of Sections 394 and 395 and which otherwise comply with the requirements of ihe Companies Ac( 2006 relating io fmancial Statemen so far as applicable to the charitsble company. (b) 'I'hese financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the 5rnall companies regijiie. The financial statements were approved by the Board of Tne5 and authorised for issue on 26 January 2026 and were signed on its behalf by= L Taylor- Ttustee The notes fom) part of these financial"stat¢ments Page 5
WORTHING LIONS CHARITABLE TRUST LTD. Notes io the Financial Ststements for the Year F,nded 30ih Junc 202 ACCOUNTING POLICIES BasÈs of preparing the finaNeial statements The financial siarements of the chariiable company, which is a publi¢ benefit entity under FRS 102, havc been prepared in accordance with the Chariiies SORP (FRS 102) 'Ao£ounting and Reporting by Charities.. Statement of Rccommended Pra¢ti¢¢ applicable to charities preparing their accounts in accordance with the financial Reporting Srandard applicable in the UK and Rcpublic of Ireland (FRS 102) (effective l January 2019),, Financial Rey)ning Standard 102 Financial R¢porting Standard applicable in the UK and Republic of Ireland, and the Companies Act 21K)6. The financial steMents have be¢rt prepar¢d under the historical cost conveniion. Ineome All income is recognised in the Sement of Financial Activities onc¢ th¢ charity has entitlement to the funds, it is probable that the income will be r¢¢eived and the amount can be measured reliably. Expenditure Liabilities are recognised as expendire soon there is a legal or constructive obligalion committing the charity to that expendiiure. il 15 probable that a transfer of economic benefi15 will b¢ r¢quircd in settlemeni and th¢ amount of ihe obligation can b¢ measured reliably. Expenditure is ac¢ount¢d for on an accruals basis and has be¢n classified under headings that aggregaie all Cosi Telad to the category. Where costs cannoi be directly altributed to particular headings they have been allocated to activilie5 on a basis consistent with the of r¢sour¢¢s. Grants offered subject to conditions which have not been met at the year end date are notrd &% a ¢oTnrnitsn¢nt but not accrued a5 expenditure. Tangible fixed a55et5 Depreclalion is provided at the following annual rntes in order to write off each asset over its estimated useful Short leasehold Plant and Tnachin¢ry Fixtures and fittings Motor v¢hicle5 on cost 25Vo on cost I¢YA on reducing balance 25fjh on reducing balance Taxation The charity is exempt from corpordtion tax on its tharitabl¢ activities. Fund accounting Unrestricted fund5 can be used in accordance with the charitsble objectives at the di%retion of the trjstees. Re5trtcted funds can only be used for particular r¢stricd purposes within the objecL8 of the chority. Restrictions aris¢ when specified by the donor or when funds are raised for particular restricted purposes. Furth¢r ¢xplanation of the nature and purp05e of ¢h fimd is included in the notrs th the f]nancial 5ts1wi¢nts. Donated goods for resale and donated Services The trusi¢¢s believe that Lt is impractical to measure the fair value of g(M)ds donated for rcsale and that the osts of valuauon outweigh the benefil to users of the accounts and the charity of this infonnalion. therefore. the donated gotxls are recognised on sale. The contribution of unpaid generdl volunteers cannot be ¥neasured reliably. Therefore. the contribution of general volunteers is not included &$ income in the fuwicial stt*m¢nts. Page 6 continued...
WORTHING LIONS CHARrrABLE TRUST LTD. Notes to the Financial Statemcnts- continu for the Ycar Endcd 30th June 2025 OTHER TRADING AcfxviTIES 2025 2024 Shop income Fireworks Car boo¢ sales Christma5 collections Worthing f¢stival 64.679 79 68,416 9,244 3.302 i o,soo 9,092 INVESTMENT INCOME 2025 2024 Dep051t account interest RAISING FUNDS Raising donations *nd legacies 2025 2024 Firework costs Christmas colleciion costs Festival cost5 Other costs Support costs 2,00(J 1,348 8,281 174 1,523 1,757 8.312 129 22,816 GRANTS PAYABLE 2025 2024 Community Medical Educational Culturdl Animal Alleviating poverty 22.672 3.489 2.902 540 790 24.376 29,743 950 7200 780 38,547 66.264 Page 7 continued..
WORTHJP4G LIONS CHARJTABLE TRUST LTD. Notes to ihe Financial Statements- continued for the Ycar F.nded 30th ?025 GRAP4TS PAY ABLE - Continued The iotal grants paid to institutions during the year w&% &% follows: 2025 ABC Animal Sanctuary Andy's Ang¢ls Billy and Beyond Blind Veterkns UK Blue & Green Festival Group Broadwat¢r Communiry Hub City Cat Shelter Cruse Durrington Communtty Centre Elm Grove Primary School Ferring County Centre Friends of Marin¢ Gardens Friends of Mombassa Children Friends of Tarring Park Girl Guides Goring Sch1 Independent Liv¢5 Les Alden foundation Lions Club International District 105SE Foundation Maybridge Keystone Mothers Union Warni Hub MS Sussex Project Trust- Camb(Nlia Prostate Cancer Support OTganisation Rotary Club Seaside Hospital Radio St Barnabas House St Georges Church St Johns Pre-school St Michaels SVP Food Bank WADARS West Park School Wesl Tarring MU Worthing Dial-a-Ride Wotthing Homes Community trust Worthing Mencap Worthing Rugby Club Worthing Soup Kiichen Wonhing Theatre Trdil Zodiac Allstars Donations under £100 100 380 100 343 1,000 2,098 200 100 500 3J20 500 200 561 290 185 170 604 10.000 228 349 loo 1,000 1,039 45(1 2511 soo 600 1227 963 490 435 1,553 1.100 401 loo 340 lJ39 250 290 230 The charity paad grants of £4,543 to individuals. Page 8 continued...
WORTHING LIONS CHARITABLE TRUST LTD. Notes to th¢ Financial Statemcnts - continued for th¢ Year Ended 30th June 2025 NET INCOMEI(EXPENDITURE) Net incomel{expenditure) is stst¢d aft¢r ¢hargingl(¢rediting)- 2025 2024 Independent eXArnines remuneration Depreciation - owned assets lJ32 1.260 TRUSTEES, REMUNERA TION AND BENEFITS There were no tsustees. remuneration or other Iefits for the year ended 30th June 2025 nor for the year ended 30th June 2024. Trnstets. expenses There were no trustees, expenses paid for the year ended 30th June 2025 nor for the year ended 30th June 2024. DONATED GOODS. FACILITIES AND SERVICES The charity d¢p¢nds on voluntccrs to staff thc charity shop. coll1 donation5 and organisc fundraising activitics. well as organise the distribuiion of funds raised. The contribuiion of the volunteers cannot be reliably mcasud 50 15 not recognised in the financial statcmcnTS. Thc charity shop relies on donations of g(N)ds for resale. The doned goLKls Ènclude se¢ond-hand clothsng, disabiliry aids. electrical. jewellery. DVDS. CDS. books and general bric-a-brdc.. The donated goods for resale are reColsed in the financial staternents ai the p)int of sale. The income is recognised as shop income. TANGIBLE FIXED ASSETS Fixtur¢5 Short leasehold Plant and machinery Motor vehicl¢ fittings Totals COST At I si July 2024 Additions 4,791 12.731 3J36 17.277 38.135 At 30th June 2025 DEPRECIATION A( I si July 2024 Charge for year 2207 479 9.086 1296 204 15.547 lJ70 28.136 4.013 At 30th Jun¢ 2025 1,500 NET BOOK VALUE At 30th June 2025 At 30th June 2024 Page 9 continued...
WORTHING LIONS CHARITABLE TRUST LTD. Not t the Financial SiateThents- continued for th¢ Year F.ndcd 30th June 1025 io. DEBTORS: AMOUNTS FALLING DUE WITHIN of4E YEAR 2025 2024 Trdde debiors Prepayments and a¢¢rued income 84 738 1.749 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade or¢dilors Accruals and defeed incorne 813 1.527 8,965 10.570 12. LEASING AGRF.F.MENTS Minimum lease payments under non-cancellable 0rating lea5¢s fail due as follows.. 2025 2024 Withan one year Betwe¢n one and five years 12,OIM) 29,OiKI 12.000 5.000 13. MOVEMENT IP4 FUNDS Net oYerneNt iD funds Transfers bets'ccn funds At 30.6.25 At 1.7.24 Unr¢$tricted funds General fund Admin fund Property designated fund 138.546 12,607 17240 (2,053) 7.994 {8.786) 147.000 10,554 197 $84 8.786 331.957 355,138 TOTAL FUNDS 355.138 Page 10 continued...
WORTHING LIONS CHARITABLE TRUST LTD. ot t the Financial Statements- continued for the Year F.nded 30th June 2025 13. MOVEMENT IN FUNDS- continued movement in funds, included in the above are &8 follows.. Incoming r¢sourc¢s Resourccs expended Movement in funds Unrestrieted fuDds General fi]nd AdTnin fund Property d¢5ignated nd 102.196 900 (84,956) (2,953) 17,240 (2,053) 7.994 TOTAL FUNDS 111.090 87.909 23.181 ComparAtivo for movement in funds Nel oyement in funds Transfers between funds At 30.624 Ai 1.7.23 Unre5¢ricted funds Genernl fund Admin fund Property designated rtd 138,873 12.697 162.677 8.195 (90) 9.605 {8,522) 138.546 12.607 180,804 8.522 314 331957 TOTAL FUNDS 314247 331957 Comparatiyc net mov¢m¢nt llj fimds, included in the above are 18 follows". Incoming resources Resources expended Movcmcnt in funds Unrestricted fndS General fvnd Admin fund Property deslgnaled fund 124.108 3.937 (115,913) (4,027) 8,195 {90) 137 650 119940 TOTAL FUNDS 137,650 119.940 The Admin fid is available for use ai the discretion of the trustres but has been designated for the adTniNi5trdtion of th¢ charity. including for the r¢ceipi and payment of subscripiions. The Property Designaied fvnd has been sel aside to purchase a property in the fuDJre. Pagell continued...
WORTHING LIONS CHARITABLE TRUST LTD. Notes to the Financial Statements- continued for the Year Ended 30th JuDe 2025 14. RELATED PARTY DISCLOSURES There were no reled party transadions for the year ended 30th June 2025. Page 12