LINCOLNSHIRE CENTRE FOR GRIEF AND LOSS (A Company Limited by Guarantee) Report and Financial Ststements For the year ended 31 August 2024 CHARITY NUMBER . 1100421 COMPANY NUMBER . 04558811 •JDZSYAJV* A18
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LINCOLNSHIRE CENTRE FOR GRIEF AND LOSS CONTENTS PAGE Report of the Trustees (incorporating Legal and Administrative Information) Statement of Responsibilities of the Trustees of Lincolnshire Centre for Grief and Loss Limited in respect of the Trustees annual report and financial statements Independent auditor's report to the Trustees of Linconshire Centre for Grief and Loss 8-11 Statement of Financial Activities (including Income and Expenditure Account) 12 Balance Sheet 13 Notes to the Financial Statements 14-22
Lincolnshire Centre for Grief and Loss Report of the Trustees for the year ended 31 August 2024 The trustees who are also directors of the charty for the purposes of the CompanEs Act 2006, present their report with the financial statements of the charity for the year ended 31 August 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of Re¢ommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective 1 January 2019). Reference and Administrative Details Charity Name". Charity Registration.. Company Registration". Registered Office". Lincolnshire Centre for Gnef and Loss (-LCGL') 1100421 04558811 Stanley Bett House 15-23 Tentercroft Street Lincoln LN5 7DB Operation Address". Unit 5, 19 Carlton Mews Lincoln LN2 4FJ Company Secretary: Mr R Allen Bank: National Westrninster Bank plc 225 High St Lincoln LN2 1A2 Auditors: Wright Vigar 15 Newland Lincoln LN1 1XG Solicitors= Andrew & Co St Swithin's Court 1 Flavian Rd Nettleham Rd Lincoln LN2 4GR Trustees: D. Demley (resigned 05.01.24) C. Nel (Chairman) B. Hutchinson (resigned 23.10.24) D. Cowell J. Romney A. Hands (appointed 14.10.24)
Lincolnshire Centre for Grief and Loss Report of the Trustees (Cont'd) for the year ended 31 August 2024 Structure. Governance and Management The organisation is a charitable company. limited by guarantee. incorporated on 10 October 2002 and registered as a charity on 30 October 2003. It is govemed by a Memorandum and Articles of AssocIatn which were last amended on 12 October 2024. Recruitment and Appointment of Trustees Trustees are recruited from the local community. one Trustee appointment to the Board was made post year end and approved by the other Twstees. The minimum requirement for the number of Trustees is 3. Induction and Training of Trustees The new Trustee, appointed 14th October 2024 is experienced in their role as Truslee by their involvement in other organisations. although an infomial induction into the workings, and the key risk and assuran factors of the Charity was undertaken at the time of their appointment. Organisational Structure The Charity is run by the Trustee Board. which is responsible for setting the objectives. as well as overseeing the correct implementation of the policies and procedures of the Charity. The Trustees are responsible for the management and control of the Charity and ensure that it satisfies its contractual and legal obligations. The Trustee Board meets approximately every three months, but the frequency is increased when issues arise. The day to day running of the Charity is delegated to the Management Committee which during the year comprised.. Mrs J Romney (Trustee) Miss E Thorpe (Finance Representative) Mrs L. Durward (Counsellor Representative) Mrs M Kirton (Centre Administrator) Mr J. Cargill (Counsellor Representative) The Board of Trustees continues to govem the activities of the Charity in collaboration with the Management Committee. The Board and Management acknowledge that its greatest challenge is the securing of funding to continue delivering its highly valued counselling seNi¢e (henceforth referred to simply as service). and various activities are planned for the coming year including training courses and school visits to improve the organisation's appeal to potential funders. The Trustees have reiVed no expenses during the year. J Romney received remuneration of £12,371 during the year in respect of covering an employee due to illness. No other Trustees nor any person connected with them received any remuneration.
Lincolnshire Centre for Grief and Loss Report of the Trustees (Cont'd) for the year ended 31 August 2024 Objectives and Activities for the public benefit During the year the Charity operated services within the remit of its core business and overall aims per the governing document for the benefrt of the communty of Lincolnshire (the area of benefit). The objectives are to 'to relieve the mental and physical sickness and distress of persons suffering bereavement or loss, by the provision of counselling and support for such persons" These objectives are achieved by the following acts'vities: 1. To provide therapeutic counselling to children. adolescents and adults who reside within the communities of Lincolnshire who are experiencing unmanageable symptoms of grief and loss following a significant life event. 2. To provide training to the statutory, voluntary and private sectors engaged in direct care within the communities of Lincolnshire in "Understanding and Responding to the Grief arKI Loss ProsS. and associated issues. Ensuring our work delivers our aims The activities of the organisation are reviewed each year to ensure they meet the aims and objectives set out above. We have referred to the guidance contained in the Charty Commission's general guKlance on public benefit when reviewing existing and planning future activities to ensure these contribute to the. overall aims and objectives set. How our activities deliver public benefit The main activities of the Charity are described below. All the Charitable actNities focus on either providing help io people facing signifi¢ant problems in their lives or educating agencies and individuals on how to help those suffering from a significant loss in their lives. They are undertaken specifically to provide public benefit through improving the lives of those helped, their families and the wider community. The Board of Trustees ensure that they continue to carry out the charity's aims for the public benefit and Confirm they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to public benefit guidance as published by the Commission. Counselling Services LCGL continues to provide an effective and highly valued counselling and training service lo both adults, and children and young people during the year, who have been referred from a variety of agencies including schools, GPS and Health Workers, and Lincolnshire Co- operative Limited Funeral Services. The clinical team at LCGL Comprises of 6 counsellors, 2 of which share the role of Clinical Supervisorslsafeguarding Leads, 2 volunteer counsellors and 5 student placement counsellors. In September 2024 Michaela Ardley will join LCGL as Centre Manager. In addition. 2 children's counsellors are joining LCGL in September 2024 and a further 5 student placernent counsellors have been appointed lo start JanuarylFebruary 2025. 1 counsellor completed her placement hours in September 2024 and 1 counsellorlclinical Supervisor is taking retirement in December 2024. The adult support group 'Support for All. continues to be a valued aspect of the LCGL servi provision and is regularly attended by around eight service users and is run by volunteers.
Lincolnshire Centre for Grief and Loss Report of the Trustees {Cont'd) for the year ended 31 August 2024 Counselling Services {¢ont'd) Feedback from those who have acSSed and used the $eNTr and those who have referred users to the Servi continues to be extremety positive and includes reports of users, emotional wellbeing improving sunificantly as a result. The website is still a successful medium for people to gain aCsS to our referral fomis and represents a professional and infoTmatNe resource for existing and potential users of the service as well as prospeclive team members. Volunteers It is recorded that the Board and Management of LCGL are extremety grateful to the volunteer Gounsellors who freely give of their own time to work for the Charity without payment. Approximately 319 (2023= 486) sessions relating to adults were undertaken by these counsellors. which would have required additional funding of approximately £7,975 (2023: £9,720). The Board of Trustees wish to acknowledge the input of the management, slaff and counselling team throughout the year maintaining the exlIent reputation of the service in the eyes of all its stakeholders. The Board is grateful to and remains indebted to Lincolnshi Co-operative Limited for its continued support in terms of finance and management expertise. Risk Review The Trustees recognise that any major risks to which the Charity is exposed need to be kept under review. A review of the business continuity plan has laken place which now provides for a greater degree of resilience in the event of widespread illness within the team. Principal income streams continue to be limited to Lincolnshire Co-operative Ltd and Lincolnshire Partnership Foundation Trust and loss of either or both represents the most significant risk to the organisation. Financial Review This year has seen a net decrease of resources amounting to £14,389 (2023.. increase of £12.320}. This is mainly in relation to increased other premises costs to improve the centre premises. The Board recognises that funding from Lincolnshire Co-operative Ltd is not guaranteed, and other sources of funding continue to be sought.
Lincolnshire Centre for Grief and Loss Report of the Trustees (Cont'd) for the year ended 31 August 2024 Future Plans Lincolnshire Co-operative Ltd has pledged support for the service until at least August 2025. The charity continues to consider the appointment or engagement of a professional fundraiser to explofe potential funding opportunities. LCGL has been successful with its provision of online and telephone counselling and as an aid to mitigating the difficulty in recruiting counsellors in certain geographic areas of the county. it intends making these methods of delivering the service a permanent Option for users. A successful relationship has been established with LPFT as sponsors of the Children and Young People's work which will increase the likelihood of a longer-term funding of this highly valued and much needed work. Going Concern The financial statements have been prepared on a going concem basis which the Trustees believe to be appropriate for the following reasons. The Trustees have considered the future income of the charitable company and its ability to continue as a going concem and have prepared surplus and cash flow forecasts into the future. Lincolnshire Co-operative Limited has provided the charitable company with an undertaking that for the foreseeable future it will ontinue to make available such funds as are needed by the charitable company. This should enable the charitable company to continue in operational existence for the immediate future by meeting its liabilities as they fall due for payment. As with any charitable company placing reliance on other entities for financial support, the Trustees acknowledge that there can be no tsrtainty that this support will Conlinue although. at the date of approval of these financial statements, they have no reason to believe that it will not do so. Reserves Policy The Trustees do not envisage an accumulation of resep4es other than to allow for the timing between receiving certain restricted funds and the related expenditure, thus three months operating costs. The general overheads of the Charty are approximately £36.000 (2023-. £35.000) per year and these are covered from funding provided by Lincolnshire Co-operative Limited. and any outstanding liabilities in the event of closure would be met from this funding thus the organisation does not need to hold a high level of reserves. At the year end unrestricted funds decreased by £27.606 (2023.. increased by £210). The increase on restricted reserves amounted to £13,217 {2023-. £12,110), all of which relates to monies received from the main Children's Fund Project. These amounts are expected lo be fully ulilised during the next 12 months with the appointment of another counsellor and further counsellor training. Sufficient funds are held to meet the obligations of the serviGe as they currently stand.
Lincolnshire Centre for Grief and Loss Report of the Trustees {Cont'd) for the year ended 31 August 2024 Investment Policy Ai present the Charty, only having very bw reserves. requires investments to be held in readily accessible accounts. This policy is to be hekl under review. Disclosure of information to auditors The Trustees who held office at the date of approval of this Trustees, report confirm that, so far as they are each aware. there is no relevant audit information of which the Charity's auditors are unaware.. and each Trustee has taken all the steps that they ought to have taken and to establish that the Company's auditors are aware of that information. Auditors Pursuant to Section 487 of the Companies Act 2006. the auditors will be deemed to be reappoinled. and therefore Wright var will continue in office.
Lincolnshire Centre for Grief and Loss STATEMENT OF TRUSTEES, RESPONSIBILITIES IN RESPECT OF THE TRUSTEES. REPORT AND THE FINANCIAL STATEMENrs The Trustees ale responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and regulations. Company law requires the Trustees to prepare financial statements for each financial year. Under that law they have elected to prepare the financial statements in a¢¢ordan¢e with UK Accounting Standards and applicable law (UK Generally Accepted Accounting Practice) including FRS 102 The Financial Reporting Standard applicable in the UK and Republi¢ of Ireland. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements. the Trustees are required to- select suitable accounting F)olicies and then apply them consistently- make judgements and estimates that are reasonable and prudent" assess the charitable company's ability to continue as a going COnrn. disclosing, as applicable, matters related to going COnrn- and use the going concem basis of accounting unless they erther intend to liquidate the charrtable company or to cease operations, or have no realistic alternattve but to do so. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose wtth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that its financial statements comply with the Companies Act 2006. They are responsible for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error, and have general responsibility for taking such steps as are reasonably open to them to safeguard the assets and to prevent and detect fraud and other irregularities. Approved by the Trustees on 17 March 2025 and signed on their behalf by.. Mr D Cowell
Lincolnshire Centre for Grief and Loss INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS of LINCOLNSHIRE CENTRE FOR GRIEF AND LOSS LIMITED Opinion We have audited the financial statements of Lincolnshire Centre for Grief and Loss ('the charitable company") for the year ended 31 August 2024 which comprise the Statement of Financial Activities, Balance sheet and related notes, including the accounting policies in note 1. The financial reporting framework that has been appl in their preparation is applicable law and United Kingdom Accounting Stsndards. including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements- give a true and fair view of the state of the charitable company's affairs as at 31 August 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended-. have been properly prepared in accordan wilh Untted Kingdom Generally Accepted Accounting Pra¢lice', and have been prepared in accordance with the requirements of Ihe Companies Act 2006. Basis for opinion We conducted our audrt in accordance with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordan with Ihe ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibililies in accordan with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Emphasis of matter As per note 5 of Ihe financial statements the charity had employed and remunerated a trustee to cover a staff member who was off on long term sick. The temis and remuneration levels of the employment were consistent wrth the staff member they were covering so there was no additional financial cost to the chanty. However. in administering the employment the charity did not follow the requirements of the Charities Act 2011 or gain the required approval from the Charity Commission. Going concern In auditing the financial statements, we have concluded that the Trustees. use of the going concern basis of accounting in the preparation of the financial statemenls is appropriate. Based on the work we have performed, we have not identifEd any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the charitable company's ability to continue as a going conrn for a pericrfj of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concErn are described in the relevant sections of this report.
Other infomiation The Trustees are responsible for the other information. The other infornation comprises the information included in the Trustees. Annual Report. other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise expliatly stated in our report, we do not express any fomi of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is malerially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to detemiine whether this gives rise to a material misstatement in the financial ststements themselves. If, based on the work we have performed. we conclude that there is a matenal misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of the audtt.. the informalion given in the Trustees. report (incorporating the strategic report and the directors. report} for the financial year for which the financial statements are prepared is consistent with the financial statements-. and the strategic report and the directors, report have been prepared in a¢¢ordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identifEd material misstatements in the strategic report and the directors. report. We have nothing to report in respect of the following matters in relation to which Ihe Companies Act 2006 requires us to report to you if, in our opinion- adequate and sufficient accounting rerdS have not been kept by the charitable company, or returns adequate for our audit have not been rece5ved from branches not visited by us.. or the charitable company's financial statements are not in agreement with the accounting records and relums- or certain disclosures of directors. remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit- or the Trustees were not entitled to prepare the financial statements in accordance with the small companies. regime and take advantage of the small Companies. exemptions in preparing the directors, report and from the requirement to prepare a strategic report. Responsibilities of Trustees As explained more fulty in the Board's responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees delermine is necessary to enable the preparation of financial statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements. the Trustees are responsible for assessing the charitable companys ability to continue as a going concem, disclosing, as applicable, matters related to going ¢oncern and using the going conrn basis of accounting unless the Trustees either intend to liquidate the charitable company or to Cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been appointed under the Companies Act 2006 and report in accordan with this. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that indudes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK} will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected lo Influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-¢omplian¢e with laws and regulations. We design procedures in line with our responsibilities, outlined above. to detect malerial misstatements in respect of irregularities. including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. Our work is performed to include an assessment of the susceptibility of the entity's financial statements to material misstatement, including the risk of fraud. Owing to the inherent limitations of an audit, there is an Unavoidab risk that material misstatements in the financial stalements may not be detected. even though the audit is properly planned and performed in accordance with the ISAS (UK). In identifying and assessing risk of material misstatement in respect of irregularrties. including fraud and non-compliance wilh laws and regulalions. our procedures included the following. We plan our work to gain an understanding of the significant laws and regulations that are of significance to the entity and the sector in which they operate. We perform our work to ensure that the entity is complying with its legal and regulatory framework. We obtained an understanding of how the company is complying with those legal and regulatory frameworks by making inquiries to the management and people charged with governance. We assessed the susceptibility of the Company's financial statements to material misstatement. including how fraud might occur. Audit procedures perfomed by the engagement team included: Substantive procedures performed in accordance with the ISAS (UK). Challenging assumptions and judgments made by management in its significant accounling estimates. Identifying and tesling journal entries. in particular material journal entries and an assessment of year end joumals. Assessing the extent of compliance with the relevant laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at= www.frc.or .uklauditorsres onsibilities_ This description foms part of our auditor's report. 10
Use of our report This report is made solety to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Cornpanies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members and its Trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's Trustees as a body. for our audit work, for this report. or for the opinions we have fornd. Paul Colcomb (Senior Statutory Auditor) For and on behalf of Wright Vigar Limited Statutory Auditors, Chartered Accountants and Business Athiisors 15 Newland. Lincoln LN1 1XG 17 March 2025 11
Lincolnshire Centre for Grief and Loss Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 August 2024 Notes Unrestricted Funds Restricted Funds Totsl Funds 2024 Total Funds 2023 Income from: Donations Charitable activities 72.705 7.975 50,000 80.680 50,000 76,821 50,000 Total income 130 680 126.821 Expenditure on: Counselling activities Training activities 1CQ.311 44,151 607 144,462 607 114,321 180 Total expenditure 100,311 44.758 145,069 114,501 Net incomellexpenditure) (27,606) 13,217 (14,389) 12,320 Funds brought forward at 31st August 2023 72.888 40,015 112,903 100,583 Funds carried forward at 31 August 2024 45,282 53,232 98,514 112903 There were no other recognised gains or losses for the year except for the net movement in funds for the year disclosed above. Income and expenditure all relate to continuing operations and activities. The Charity had no endowment funds at any time during the year. The notes on pages 14 to 22 form part of these financial statements. Charity Registration.. Company Registration: 1100421 04558811 12
Lincolnshire Centre for Grief and Loss Balance Sheet as at 31 August 2024 Notes 2024 2023 Fixed Assets Tangible Assets 973 750 Current Assets Debtors Cash at Bank and in hand 60.538 115,270 175.808 133,511 64,349 197,860 Liabilities Creditors: Amounts falling due within one year (78.267) (85.707) Net Current assets 97,541 112,153 Net assets 98,514 112,903 The funds of Ihe charity: Restricted funds Unrestricted income funds 53.232 45.282 40,015 72,888 Total charity funds 98,514 112.903 The financial statemenls on pages 12 to 22 were approved by the Trustees on 17 March 2025 and signed on their behalf by.. Mr D Cowell Lincolnshire Centre for Grief and Loss (Company Number 04558811), Charity Number 1100421 The notes on pages 14 to 22 form part of the financial statements. 13
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements 1. Acc¢)unting policies Company Status The Charity is a company limited by guarantee The members of the Charity and Company are the Trustees named on page l. In the event of the Charity being wound up. the liability in respect of the guarantee is limited lo £1 per member of the Charity. The financial ststements are filed annualty with the Charities Commission and al Companies House. Basis of Preparation The financial statements have been prepared in accordance with Charities SORP {FRS 102) 'Accounting and Reporting by Char51ies". Statement of Recommended Practice applicable to charities preparing their accounts in accordan 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention. Lincolnshire Centre for Grief and Loss meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initialty recognised at historical cost or transaction value unless otherwise stated in the relevant a¢¢ounting policy note{s). The presentational currency of these financial statements is sterling. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charitable company's financial statements. The financial statements are filed annually with the Registrar of Companies. Under FRS 102. the company is exempt from the requiremenl to prepare a cash flow statement on the grounds of its size. 14
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements (cont'd) Accounting policies {cont'd) Going Concern The financial statements have been prepared on a going concem basis which the Tiustees consider to be appropriate for the following reasons_ The business model of the charity is such that its charitable activities are limited to those which it has Sufflent funds to support from the excess of funding received over the costs of administering the charity. The charity therefore has no specific commitments and no committed costs beyond its fixed costs of operation which are detailed in note 4. The Trustees have reviewed the cash flow forecasts for a period of 12 months from the date of approval of these financial ststements which indicate that the charity will have sufficient funds to meet its liabilities as Ihey fall due for that period. The Trustees have also considered the ongoing impacts from the current economiG Ghallenges on the effect on cash flow forecasts. and consider that as a result of its operating model explained above. even if no further funding is received in the 12 month period, the charity has sufficient cash resep4es to pay all committed costs. Consequently, the Trustees are confident that the charity will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financ1 statements. Incoming Resources Grants and other income are accounted for in the statement of financial activities in accordance with SORP (FRS 102). Donations received by the charity are accounted for when the charty is entitled to the income and the amunt can be quantified with reasonable accuracy. Administrative recharges paid by the Lincolnshire Co-operative are re¢ognised in income and expenditure when the costs are incurred. Donated services are recognised in income and expenditure when the services are provided and are valued using expected rates that would be charged by counsellors for the sessions. Resources Expended Amounts expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered. The expenditure incurred in undertaking the activities of the Charity are allocated and apportioned to the restricted funds only as appropriate and as authorised by the funder. All other costs are allocated to the unrestricted fund. Funds Unrestricted funds are applicable for use in the day to day operations of the Charity. Restricted funds represent those amounts donated to the charity and available for the specific purposes set out in note 10. 15
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements {cont'd> Accounting policies {cont'd> Fixed Assets and Depreciation Fixed assets are stated at their acquisition cost and are depreciated over their expected useful lives to their estimated residual values by equal instalments on the following minimum rates= Fixtures and fittings 5-25% pa Assets leased to the Company Operating lease rentals are charged to the accounts on a straight line basis over the period of the lease. Taxation LCGL as a registered charty is exempt from taxation on its income and gains falling within Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to this charitable objective. No tax charge has arisen in the year. LCGL is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of charitable company for UK corporation tax purposes. Accordingly, the charity is potentialty exempt from taxation in respect of income or capital gains reiVed within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains A¢t 1992, to the exient that such income or gains are applied exclusively to charitable purposes. 16
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements {cont'd) Voluntary income Unrestricted Restricted Total 2024 Donations from individuals Grant.. Lincolnshire Co-operative Ltd Donated services 205 72,500 205 72,500 7,975 7.975 7,975 72,705 Voluntary income previous year Unrestricted Restricted Total 2023 Donations from individuals Grant .' Lincolnshire Co-operative Ltd Donated services 1,595 65.506 1.595 65,506 9,720 9.720 67.101 Incoming resources from charitable activities Unrestricted Restricted Total 2024 Grants Lincolnshire Partnership Foundation Trust 50.000 50.000 50,000 50,000 Incoming resources from charitable activities previous year Unrestricted Restricted Total 2023 Grants Children's SeNices, Lincolnshire 50,000 50,000 50,000 50,000 No fund raising activilEs or prize dravts were held during the year. 17
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements (cont'd) Expenditure: Unrestricted Restricted Total 2024 Totsl 2023 Charitsble Activities Expenditure Direct Costs Counselling Activities Counselling fees Supetvision Travelling Sub Total- Counselling 31.177 2.327 4,253 37.757 31,177 3.706 4,253 39.136 36.170 3,545 2,613 42.328 1,379 1,379 Training Activities Training delivery Sub Tolal- Training Total Direct Costs 607 607 38,364 607 607 39,743 135 135 42,463 1,379 Support Costs Counselling Activities Support & Co-ordination Employee Costs Publicily and Recruitment Office costs Property lease Rates and insurance Telephone and utilities Other premises costs Deprecialion Sundry expenditure Subscriptions Legal and Professional Fees Audit Sub Total- Counselling 7,371 23,861 82 3.374 27.336 3.086 5,738 13,109 23.861 82 3.374 27.336 3,086 5,016 17,850 83 1,315 27,160 2,796 4,226 7,068 383 417 285 1,194 4,200 71,993 22.630 472 461 90 485 5.640 98,932 421 23.051 472 461 90 720 5,640 105,326 235 6,394 Training Activities Office costs Sub Total- Training Total Support Costs 45 45 105 326 Charitable Activities Costs Counselling Activities Training Activities Total Charitable Activities Costs 11J),311 44,151 607 144,462 607 114,321 180 100.311 44.758 145 069 114501 18
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements {cont'd) 4. Expenditure Icont'd) Expenditure in previous year Unrestricted Restricted Total 2023 Charitable Activities Expenditure Total Direct Costs Training Activities Total Support Costs Total Charitable Activitles Costs 580 45 66,266 66,891 41,748 135 5.727 47,610 42,328 180 71,993 114,501 Total expenditure 66,891 47,610 114,501 The audilorfs remuneration is £5,640 (2023= £4.200) shown in unrestri¢ted expenditure. Staff Costs 2024 2023 Salary Cost Other pension costs 23.441 420 17.151 699 23.861 17,850 The average number of people employed during the year was 2 (2023.. 1). There are no higher paid employees. The Trustees have received no expenses during the year. J Romney received remuneration of £12,371 during the year in respect of covering an employee due to illness. The Trustees decided it was in the best interests of the charity to ensure the ongoing activities were maintained and there was no negative impad on beneficiaries by employing the trustee in the role. No other Trustee's nor any person connected with them reiVed any remuneration. 19
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements (cont'd) 6. Tangible Fixed Assets Fixture & Flttings Total Total 2024 2023 Cost As at 31 August 2023 Additions Disposals As at 31 August 2024 6,651 694 6,651 7,345 6,651 Depreciation Accumulated depreciation as at 31 August 2023 Charge for the year Eliminated on disposal 5.901 471 5,518 383 Accumulated depreciation as at 31 August 2024 6.372 5,901 Net book value at 31 August 2024 973 750 Net book value at 31 August 2023 750 1.133 Debtors 2024 2023 Prepayments and accrued income 133511 60,538 133.511 Creditors amounts falling due within one year 2024 2023 Amounts owed lo Lincolnshire Co-operative Limited Accruals 72.581 5.686 6.392 79.315 78,267 85,707 Analysis of net assets between funds General Funds Restricted Funds Total Funds 2024 Total assets Currenl liabilities 123,549 78,267 53,232 176,781 78,267 45,282 53,232 98,514 20
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements {cont'd) Analysis of net assets between funds (cont'd) Analysls of net assets between funds - previous year General Funds Restricted Funds Total Funds 2023 Total assets Current liabilities 158,595 85,707 40,015 198.610 85.707 72.888 112,903 10. Movement in funds Asat 31.08.23 Incoming Resources Outgoing ResourGes Asat 31.08.24 Restricted funds Lin¢olnshire Partnership Foundation Trust Volunteers- Adult Work 40.015 50.000 36,783 53,232 7.975 7.975 Total Restricted funds 40,015 57,975 44,758 53,232 Unrestricted funds General fLJnds 72.888 72,705 100,311 45,282 Totsl funds 112,903 130.680 145,069 98,514 Movement in funds - previous year Asat 31.08.22 Incoming Resources Outgoing Resources Asat 31.08.23 Restricted funds Lincolnshire Partnership Foundation Trust Volunteers- Adult Work 27.905 50,000 37,890 40,015 9,720 9,720 Total Restricted funds 27.905 59.720 47,610 40.015 Unrestricted funds General funds 72.678 67,101 66.891 72,888 Total funds 100.$83 126.821 114,501 112,903 21
Lincolnshire Centre for Grief and Loss Notes to the Financial Statements (cont'd) 10. Movement in funds (convd Purpose of restricted funds: Children's Services for Lincolnshire provides Lincolnshire Centre for Grief and Loss with funding for the provision of one-to-one counselling to 8-19 year olds within the remit of the 'Grief. Loss and Children's Project., additionally to provide Iraining in 'Understanding and Responding to the Grief and Loss Process. key to personnel in schools identified by the Children's Fund to be in areas vulnerable to social exclusion. The volunteers fund is the donation of time from volunteer counselbrs who freely give of their own time to work for the service without payment. Approximately 31912023.. 486) sessions relating to adults were undertaken by these counsellors. which would have required additional funding of approximately £7.975 {2023= £9.720). 11. Related Party Transactions As noted in the Trustees report starting on page 1. the Charity is reliant on the continued support of Lincolnshire Co-operatNe Limited. The Charity has two Trustees who are Directors for Lincolnshire Co-operative Limited, and leases property from a company controlled by Lincolnshire Co-operative Limited. the rent being £27,336 per annum. During the year, the Charity reiVed £72,500 (2023.. £65,506) as a grant from Lincolnshife coperatIve Limited. Expenditure paid on behalf of the Charty by Lincolnshire Co-operalive Society was £138,688 (2023: £113,259). Amounts owed lo Lincolnshire Co-operalive Limiled are included in creditors and detailed in Note 8 of these accounts. 22