REGISTERED COMPANY NUMBER: 05571271 (England and Wales)
REGISTERED CHARITY NUMBER: 1113145
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
FOR
LIVING LIFE (EASTBOURNE)
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
LIVING LIFE (EASTBOURNE)
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
|
Page |
Report of the Trustees |
1 to 2 |
Independent Examiner's Report |
3 |
Statement of Financial Activities |
4 |
Balance Sheet |
5 to 6 |
Notes to the Financial Statements |
7 to 13 |
LIVING LIFE (EASTBOURNE) (REGISTERED NUMBER: 05571271)
REPORT OF THE TRUSTEES
FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheperiod1 October2021to31March 2023.
ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The trusts object's are:
a) To assistin the care of personssufferingfromlearningdifficultiesor physicaldisabilityof any description
in need of respite as a result of such illness by the provision of the facilities for residence, work or creation.
b) To relievepersonswhereverin the worldtheymaybe residentwho are in conditionsof need, hardship,
or distressas a result of local,nationalor internationaldisaster,war, or conflictor by reasonfor their social
and economic circumstances.
c) To promotethe Christianreligionby all or any of the followingmeans (i) supplyingand distributing Bibles
andotherChristianliteraturethroughouttheworld(ii)teachingandeducatingalloranypersonsin the
doctrinesandpracticesoftheChristianreligion(iii)inallotherwaysseekingtospread the
acknowledgement of Jesus Christ as Lord and the nurture of adherence to the Christian faith.
Insettingandreviewingourobjectivesandaims,andinplanningandcarryingoutouractivities,we have
due regard to the public benefit guidance published by the Charity Commission.
FINANCIAL REVIEW
Reserves policy
Thetrustcontinuestorelysubstantiallyuponsupportfromindividualsratherthangovernmentor other
funding departments.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
The trust is a company limited by guarantee.
Noneofthetrusteeshaveanybeneficialinterestinthecompany.Allofthetrusteesaremembersof the
company and guarantee to contribute £1 in the event of a winding up.
Organisational structure
The trust is managed on a day to day basis by Mrs Lynda Trott.
Induction and training of new trustees
Newtrusteesareappointedattheannualgeneralmeetingbythemajorityvoteofmembers. Suitable
training is provided.
Page 1
LIVING LIFE (EASTBOURNE) (REGISTERED NUMBER: 05571271)
REPORT OF THE TRUSTEES
FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
05571271 (England and Wales)
Registered Charity number
1113145
Registered office
1 Hodcombe Close
Langney
Eastbourne
East Sussex
BN23 8JA
Trustees
L A Trott
I Booth (resigned 4.9.23)
A Booth (resigned 4.9.23)
M Loftus
S Pamphillon (appointed 25.5.22)
S Young (appointed 25.5.22)
Company Secretary
L A Trott
Independent Examiner
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
Approved by order of the board of trustees on 7 March 2024 and signed on its behalf by:
L A Trott - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LIVING LIFE (EASTBOURNE)
Independent examiner's report to the trustees of Living Life (Eastbourne) ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyforthe period
1 October 2021 to 31 March 2023.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsiblefor the preparationof the accountsin accordancewith the requirementsof the Companies Act
2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobe auditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationI havefollowedtheDirectionsgivenbytheCharityCommissionunderSection 145(5)
(b) of the 2011 Act.
Independent examiner's statement
I have completedmy examination.I confirmthat no mattershave come to my attentionin connection with
the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Samuel Jaquet FCCA
The Association of Chartered Certified Accountants
LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE
8 March 2024
Page 3
LIVING LIFE (EASTBOURNE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
Unrestricted
Restricted
fund
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
15,951
2
Charitable activities
Support costs
335
17,990
Other trading activities
2
29,469
-
Investment income
3
14,244
-
Total
59,999
17,992
EXPENDITURE ON
Raising funds
4
15,549
-
Charitable activities
Support costs
2,438
7,000
Charitable Activities
12,398
-
Shoebox gifts
8,185
-
Total
38,570
7,000
NET INCOME
21,429
10,992
RECONCILIATION OF FUNDS
Total funds brought forward
3,541
-
TOTAL FUNDS CARRIED FORWARD
24,970
10,992 |
Period
1.10.21
to
Year ended
31.3.23
30.9.21
Total
Total
funds
funds
£
£
15,953
5,442
18,325
-
29,469
3,919
14,244
-
77,991
9,361
15,549
2,793
9,438
-
12,398
-
8,185
5,573
45,570
8,366
32,421
995
3,541
2,546
35,962
3,541 |
Period
1.10.21
to
Year ended
31.3.23
30.9.21
Total
Total
funds
funds
£
£
15,953
5,442
18,325
-
29,469
3,919
14,244
-
77,991
9,361
15,549
2,793
9,438
-
12,398
-
8,185
5,573
45,570
8,366
32,421
995
3,541
2,546
35,962
3,541 |
|
|
9,361 |
|
|
2,793
-
-
5,573 |
|
|
8,366 |
|
|
995
2,546 |
|
|
3,541 |
The notes form part of these financial statements
Page 4
LIVING LIFE (EASTBOURNE) (REGISTERED NUMBER: 05571271)
BALANCE SHEET
31 MARCH 2023
Unrestricted
Restricted
fund
funds
Notes
£
£
FIXED ASSETS
Tangible assets
8
340
807
CURRENT ASSETS
Cash at bank and in hand
25,263
10,184
CREDITORS
Amounts falling due within one year
9
(633)
1
NET CURRENT ASSETS
24,630
10,185
TOTAL ASSETS LESS CURRENT LIABILITIES
24,970
10,992
NET ASSETS
24,970
10,992
FUNDS
10
Unrestricted funds
Restricted funds
TOTAL FUNDS |
2023
Total
funds
£
1,147
35,447
(632)
34,815
35,962
35,962
24,970
10,992
35,962 |
2021
Total
funds
£
-
3,841
(300)
3,541
3,541
3,541
3,541
-
3,541 |
|
|
|
The charitablecompanyis entitledto exemptionfromauditunderSection477of the CompaniesAct 2006
for the period ended 31 March 2023.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe period
ended 31 March 2023 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
-
(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 5
LIVING LIFE (EASTBOURNE) (REGISTERED NUMBER: 05571271)
BALANCE SHEET - continued
31 MARCH 2023
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
7 March 2024 and were signed on its behalf by:
L A Trott - Trustee
The notes form part of these financial statements
Page 6
LIVING LIFE (EASTBOURNE)
FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
NOTES TO THE FINANCIAL STATEMENTS
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1 January2019)',FinancialReportingStandard102'The FinancialReporting Standard
applicablein theUK andRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Income
Allincomeis recognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Plant and machinery- 25% on reducing balance
Computer equipment- 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.
Restrictedfunds can only be used for particularrestrictedpurposeswithin the objectsof the charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.
Hire purchase and leasing commitments
Rentalspaid under operatingleasesare chargedto the Statementof FinancialActivitieson a straight
line basis over the period of the lease.
continued...
Page 7
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitablecompanyoperatesa definedcontributionpensionscheme.Contributionspayable to
the charitablecompany'spensionschemeare chargedto the Statementof FinancialActivitiesin the
period to which they relate.
2. OTHER TRADING ACTIVITIES
Shop income
3.
INVESTMENT INCOME
Rents received
4.
RAISING FUNDS
Raising donations and legacies
Support costs |
Period
1.10.21
to
Year ended
31.3.23
30.9.21
£
£
29,469
3,919
Period
1.10.21
to
Year ended
31.3.23
30.9.21
£
£
14,244
-
Period
1.10.21
to
Year ended
31.3.23
30.9.21
£
£
-
533 |
|
|
continued...
Page 8
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
Period |
|
|
1.10.21 |
|
|
to |
Year ended |
|
31.3.23 |
30.9.21 |
|
£ |
£ |
Depreciation - owned assets |
87 |
- |
Other operating leases |
2,581 |
928 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees'remunerationor otherbenefitsfor the periodended 31 March2023nor for
the year ended 30 September 2021.
Trustees' expenses
During the period one trustee (2021 - one) was reimbursed expenses as follows:
|
1 October 2021 to |
|
|
31 March 2023 |
2021 |
|
£ |
£ |
Repairs and renewals |
2,348 |
0 |
Shop purchases |
1,356 |
356 |
Travel |
5,895 |
3,760 |
Light & heat |
4,470 |
0 |
Postage |
510 |
0 |
Advertising |
287 |
0 |
Total |
14,866 |
4,116 |
continued...
Page 9
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
7. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
|
Unrestricted |
|
|
fund |
|
|
£ |
|
INCOME AND ENDOWMENTS FROM |
|
|
Donations and legacies |
5,442 |
|
Other trading activities |
3,919 |
|
Total |
9,361 |
|
EXPENDITURE ON |
|
|
Raising funds |
2,793 |
|
Charitable activities |
|
|
Shoebox gifts |
5,573 |
|
Total |
8,366 |
|
NET INCOME |
995 |
|
RECONCILIATION OF FUNDS |
|
|
Total funds brought forward |
2,546 |
|
TOTAL FUNDS CARRIED FORWARD |
3,541 |
continued...
Page 10
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
8.
TANGIBLE FIXED ASSETS
Plant and
Computer
machinery
equipment
£
£
COST
At 1 October 2021
-
9,996
Additions
379
855
At 31 March 2023
379
10,851
DEPRECIATION
At 1 October 2021
-
9,996
Charge for year
39
48
At 31 March 2023
39
10,044
NET BOOK VALUE
At 31 March 2023
340
807
At 30 September 2021
-
-
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
£
Social security and other taxes
152
Other creditors
59
Accrued expenses
421
632
10.
MOVEMENT IN FUNDS
Net
At
movement
1.10.21
in funds
£
£
Unrestricted funds
General fund
3,541
21,429
Restricted funds
Warm Space
-
1,039
Lottery Grant
-
9,953
-
10,992
TOTAL FUNDS
3,541
32,421 |
Totals
£
9,996
1,234
11,230
9,996
87
10,083
1,147
-
2021
£
-
-
300
300
At
31.3.23
£
24,970
1,039
9,953 |
Totals
£
9,996
1,234 |
|
10,992 |
|
|
35,962 |
|
continued...
Page 11
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
10. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Warm Space
Lottery Grant
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
59,999
(38,570)
21,429
7,991
(6,952)
1,039
10,001
(48)
9,953
17,992
(7,000)
10,992
77,991
(45,570)
32,421 |
|
|
Comparatives for movement in funds
|
|
Net |
|
|
At |
movement |
At |
|
1.10.20 |
in funds |
30.9.21 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
2,546 |
995 |
3,541 |
TOTAL FUNDS |
2,546 |
995 |
3,541 |
Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
9,361 |
(8,366) |
995 |
TOTAL FUNDS |
9,361 |
(8,366) |
995 |
continued...
Page 12
LIVING LIFE (EASTBOURNE)
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE PERIOD 1 OCTOBER 2021 TO 31 MARCH 2023
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 31 March 2023.
Page 13