Registered number: 05577019 Charlty number". 1114979 THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE LANTERN TRUST (WEYMOUTH) {A company limited by guarantsa) CONTENTS Page Referenc8 and administrative details of the Charity. its Trustses and advisers Trustees. report A message from our CEO Independent auditors. report on the financial statements Consolidated statement of financial activities 8-34 35-38 39 Consolidated income and expenditure account Consolidated balance sheet 40 41-42 Charity balance sheet Consolidated statement of cash flows 43-44 45 Notes to the financial statements 46-72
THE LANTERN TRUST IWEYMOUTH) (A company Ilmited by guarantea) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mrs A Bazell Mr I Walton FCA Mrs E Ireland Dr J Orrell Mrs J Clarke Dr S De Kretser Mr L Button (appointed 26 February 2024) Company registered number 05577019 Charity registered number 1114979 Registered offi¢e Wadebridge House 16 Wadebridge Square Poundbury Dorchester Dorset DT13AQ Company secretary Mr I Walton FCA Chief executive officer M Graham Independeni au*ilitors Xeinadin Audit Limited Accountants 8th Floor, Becket House 36 Old Jewry London EC2R 8DD Page 1
THE LANTERN TRUST (WEYMOUTH) IA company limited by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their annual report together with the audited financial statements of the Charity for the year 1 April 2023 to 31 March 2024. The Annual report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the AnnLfjal report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice {SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the group and the Charity qualify as small under section 383 of the Companies Act 2006, the Group strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. Objectives and activities a. Policies and objectives In setting objectives and planning for activities. the Trustees have given due consideration to general guidance published by Ihe Charity Commission relating to public benefit, inGluding the guidance 'Public benefft= running a charity {PB2)'. The objectives of the charity as set out in the Memorandum and Articles of Association are to relieve those persons in need, in particular those who may be vulnerable due to age, infirmity, disabilitie5 and financial hardship. In furthering the object've.s, due regard shall be given to the principles of the Christian f31th. b. Activities undertaken to achieve objectives The charity seeks to benefit vulnerable people in the Weymouth & Portland area and wider Dorset area through its resource centre and by working closely and professionally with other agencies. The charity offers a range of services including advocacy, housing advice, benefit advice, outreach, counselling, crisis response and frontline practical support. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance The 202312024 financial year has once again seen a further increase in the demand for the services on offer from the Lantern and has been very sign¢ficant in other a5pe¢ts. A summary of the various activities and the services offered by the Lantem together with outcomes for the year are attached in the accompanying report. As regards the financial results and as disclosed in the accounts consolidated net income of £293,021 for the year compared with a figure of £73,017 in the previous year. Fees from contracted services and grants of £837,923 (2023 - £567.877) were again a large contributor to the total income of £1,226,976. Page 2
THE LANTERN TRUST {WEYMOUTH) (A company limited by guarantse) The increase in these fees from the previous year were largely due to contracts with Ihe NHS and which expanded the Lantern services in the area of mental health and wellbeing. This has ultimately led to a contract with Dorset Healthcare where we have subcontracted to Bournemouth Churches Housing Association as the principal contractor to deliver an Access Wellbeing service commencing l April 2024 for an intended 5 year period and with total projected income in excess of £2.5 million for the Lantern over that time. Obviously this is a significant development in the life of the Lantern and represents a solid base on which to strategically plan the overall direction of the Lantem for the next few years. We were also extremely fortunate and thankful for a very generous donation of £170,000 from the Albert Hunt Trust which forgave that amount as the entire balance owing on a mortgage loan previously used to acquire our premises in Queen Street Weymouth. This donation has substantially improved the strength of our Balance Sheet at 31 March 2024 and means that we now own both of our premises at Ranelagh Road and Queen Street Weymouth outright and without encumbrance. Our consolidated balance sheet at 31 March 2024 shows net funds of £876,964 including Restricted funds of £32,915 carried forward. In terms of our net income earned during the year and our improved balance sheet we consider this a satisfying year particularly Gon5idering the economic situation with some uncertainty about funding for the areas in which we largely operate and the difficulties in raising fvnds generally. Finally we are extremely grateful to all those who have supported us during this year and beyond in whatever way and we hope and trust that this support can continue given the work that is happening at the Lantern and the numbers of people who are being helped in their time of need. In particular our thanks go to the following who have provided grants and other funding during the year= National Lottery Community Fund Alice Ellen Cooper Dean Charitable Foundation Lloyds Bank Foundation Hall and Woodhouse Charitable Giving Weymouth Town Council.. Dorset County Council Albert Hunt Trust Tudor Trust Janet Bligh Dorset Showhomes Green Pastures Weyline Taxis Groundwork UK Weymouth Rotary Club Weymouth and Portland PCN Community A¢tion Network Shelter Reach Dorset Humankind Charity Leeds Building Society Dorset Healthcare University NHS Foundation Trust NHS Dorset { Integrated ) Care Board And as well of Course all of our private donors and Churches who have also been so generous. We recognise that people with multiple exclusion factors struggle to see a future when the help they need seems desperately out of reach. At the Lantern we listen and endeavour to understand the best way to access the support and services which are required. In many cases this can start wrth practical assistsnce such as safe and secure accommodation or perhaps crisis management but whatever the need the Lantern Can either provide the necessary services or engage assistance from our partner agencies and wherever possible within the Lantern hub. No longer do these people need to be isolated as they are welcomed within the Lantern community and begin to make positive changes in their lives which can bring hope. Page 3
THE LANTERN TRUST (WEYMOUTH) {A company limit8d by guarantee) Also of course as the Lantern becomes more heavily involved in the area of support with mental health and wellbeing this adds to the holistic services which are available at the Lantern and which not only bring positive benefits to the individual but also to our local community and society in general. Of course none of the above would have been achieved withoul our wonderful team of staff and volunteers including our charity shop at Chapelhay Weymouth under the leadership of our CEO Mike Graham. This year once again in the face of extra demands and new ventures they have gone above and beyond to help people who present at the Lantern at their point of need. They are all extremely proficient at what they do and in particular they bring a special passion and empathy to their work which encapsulates the very ethos and reason for the existence of the Lantem where every person is treated as special and as an individual and with respect and where with help each person has the hope of making positive changes to their life however long that may take. Financial review . Going concern After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they Gonlinue to adopt the going con¢ern basis in preparing the financial statements. b. Reserves poli¢y The Trustees regularly review the Charity's reseNes policy having regard to the need to = continue with our basic seNices for our clients meet contractual obligations be good and fair employers build reserve5 for our specific purposes and plans protect and maintsin the Charity's assets. To this end the Trustees Consider that we should aim to maintain free unrestricted reserves at least to the order of 4 to 8 months of future operating costs and which equates to approximately £175,000 to £350,000. Based on the figures in the financial review above our reserves after allowing for restricted funds of £32.915 and tangible fixed assets of £511.067 stand at £332,982 which is consistent with our policy. Structure, governance and management a. Constitutlon The Lantern Trust {Weymouth) is a company limited by guarantee. The company is constituted under its Memorandum and Articles of Association and is a registered charity number 1114979. Its registered office is Wadebridge House, 16 Wadebridge Square, Dorchester. Dorset. DT1 3AQ and ils principal office is 2 Ranelagh Road, Weymouth, Dorset, DT4 7JD. The trustees, who are also directors for the purposes of company law, who served during Ihe period and up to the date of signature of the financial statements were-. Page 4
THE LANTERN TRUST {WEYMOUTH) (A company limited by guarantee) Mrs A Bazell Mr I Walton Mrs E Ireland Rev P Elliott {resigned 30 September 2024) Dr J Orrell Mrs J Clarke Dr S De Kretser Mr L Button (appointed 26 February 2024) The Trustee Board meet at least 5 times each year and are ultimately responsible for the governance. financial management, strategy and fonnulation of the Business Plan of the charily at all times ensuring best practice. Day to day management is the responsibility of the Chief Executive Officer with access to a designated Trustee for any required advice. A Remuneration sub-committee meets at least once a year and as required to review policy and consider salary levels. All salaries are set at rates whi¢h have regard to comparable levels for work undertaken in the area of operation with reference to outside sources such as the NHS and like charities where applicable. New Trustees go through a set induction process which provides relevant information on the constitution aims and operation of the charity. All Trustees are provided with rsecessary training and information sufficient for them to carry out their role. Major risks have been reviewed and systems or procedures have been established to manage those risks. b. Fundraising standards information The charity does not engage any professional fundraiser I commercial participator for the purpose of fundraising. The approach taken by the charity f bi the purpose of fu'.idraising is to engage with grant making t.Jsts and other large funders companies institutions and individuals who identify with the aims of the charity and wish to contribute funds to its work. Neither the charity or any person acting on behaFf of the charity is subject to any undertaking to be bound by any voluntary scheme for regulating fundraising or voluntary standard for fundraising in respect of activities on behalf of the charity. There have been no Complaints received by the charity or any person acting on its behalf about the activities of the charity or by a person acting on behalf of the charity for the purpose of fundraising. In carrying out its fundraising activities the charity has not unreasonably intwded on a persons privacy made unreasonable persistent approaches for procuring or soliciting money or propety for the charity or placed undue pressure on a person to give money or other property. Page 5
THE LANTERN TRUST {WEYMOUTH) (A company Ilmlted by guarantee) Statement of Trustees, responsibilities The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting PractiGe). Company law requires the Trustees to prepare financial statements for each financial year. 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 Group and the Charity and of their incoming resources and applicalion of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)- make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group will continue in business_ The Trustees are responsible for keeping adequate a¢¢ounting records that are sufficient to show and explain the Group and the Charity's Iransactions and disclose with reasonable accuracy at any time the financial position of the Group and the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each of the persons who are Trustees at the time when this Trustees, report is approved has confirmed that.. so far as that Trustee is aware. there is no relevant audit information of whiGh the charitable group's auditors are unaware. and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable group's auditors are aware of that information. Auditors The auditors, Xeinadin Audit Limited, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees. Page 6
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) Small Company This report has been prepared in accordan¢e with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Approved by order of the members of the board of Trustees and signed on their behalf by.. Mr I Walton FCA (Trustee Page 7
A message from our Chief Executive This year has seen our services grow, yet again. I have worked in the 3rd sector for over 20 years and never have I seen the numbers of people approaching our services at the Lantern as I have over the last year. The principle of our offer is simple. to build a multi agency support offer that removes the barriers our Jo. Alli. Mon. Dawn, Conor, Rach. Nat. Laura. Tanya. Rodney. Kel. Nikki and Thomas. You brTng passion. compassion and dedication to all of yourwork. customers face and to deliverthe support at the earliest opportunity in a community location that suits our customers. As services. we have to deliver support where our customers are and for too long services have been delivered with the focus on A huge than you toJane and our wonderful crew of volunteers at our charity shop. The shop not only acts as an essential resource buta community hub in itself.our customers are often provided with essential items when they have nowhere Else to turn. the organisation delivering them. This year saw us work with 952 new individuals who approached our service for support and this excludes people already known to our services. We delivered a total of13720 support interventions and this demonstrates just what the last year has meant from both our staffs perspective and the people approaching our services. The gaps between statutory services are growing and more people are Finding themselves needing a Lantern service. We operate the only local assisted rent deposit scheme outside of the local authority and paid for119 to be housed under the scheme.These were people with no where else to turn and this shows you just fiow essential our services are. Our teams work as one and I will often hear the team discussing cases amongst themselves working in a multi disciplinary way. Thank you to all of our staff at HQ. Karen, Anne. Mike Graham Chief Executive Officer Our hub provis"1Sn ha5 Continued to evidence the best practice for servic8 delivery. with both our current Crisis and Re¢overy hubs and we have now been part of the successful Dorset wide tender for the new Dorset Healthcare commissioned Access Wellbeing service. This service builds on our history of creating more accessible community services and is 8 collaboration between the Lantern. BCHA and Help & Care. This service will be Dorset wide and will represent a new dawn for mental health services as we are the foundation of the new system. The idea is to deliver services at the earliest opportunity to prevent crisis in peoples lives that may need a clinical service. Already. we are seeing lives changed and Access W&llbeiiig .4 weltsot &F6rt13h* supporting yobr mental health
saved. Our Wellbeing hub is at Hope 14ouse in Weymouth and we chose a separate location to ensure we were a¢¢essible to all. We are one of two. test of ¢oneept sites. one based at Hope House and the other in Poole. Both sites are already demonstrating people receiving support and building better lives for themselves. The team has been forming at the site and alreadywe have 2 admins. 3 Wellbeing Co-ordinators. l Lead Wellbeing Coordinator and a Manager. l am proud ofwhat the team has already achieved in a small amount of tirne as the service officially launched in February and was built on the amazing work of our '_ead Well¢0 Cassie. who helped form .he service during its pilot period. lives and communities. Above all else. we believe that the voice of those using our services would be central in creating new services and leading the way in how services are delivered. With this in mind the Lantern partnered with NHS Dorset. The Health Bus and Bournemouth University for the REN project. The proje¢ts aim wa5 to create researchers with a lived experience of hornelessness to share their experiences in a way that could be presented to partners throughout tho sector to bring about system ¢hange. The projects researchers then held an event at the Spire in Poole which l attended. The event both profound and hu.inbling as our researchers 5hareu i-heir experiences. l am proud to announce that the project has received more funding to ¢ontinue under REN 2. lived experience to the table. Each year I lind myself Telle¢ting on yet another year of growth and this would not be possible without our funded partnerships with Dorset Council. Dorset Healthcare, The Tudor Trust, The Alice Ellen Cooper Dean "To build a multi agency support offer that removes the barriers our Customers face and to deliver the support at the earliest opportunit in a community location that suits our customers." Congratulation5 Katie. Cassie. lain. Sharon. Darren. Lindsey and Charlotte. You are already Changing lives. We areilso involved in a UKRI partnership with STEPS Youth Clvb and Island Community Action. ¢alled the Forgotten Towns project based in Weymouth & Portland. The first funded element was for us to build our network and already there has been excellent work with the Lanterns marginalised customer group via "Humans Of The Lantern. video created with the project and also brilliant youth research via STEPS and ICA. We are hoping to secure a larggr funding pot to really build on the work to date and to become a research network that can As a trust, we took the decision to partner with Green Pastvres to purchase properties so that we could become a landlord. We currently have two properties which house a total of 9tenants.Ourhouses act as ¢ommunity hubs where the tenants are listened to and directly share ideas that help us shape thg environment they live in. After all. it is their home. Both our Rodwell and Tower House properties oflgr people the chance to not only have a tenancy but build the skills needed to thrive again in their Charitable Foundation. NHS Dorset. The Albert Hunt Trust. The National Lottery and very kind private donors. Our Hub provision is now c81ebrated as the way to deliver services in communities by communities and I am excited as to what the next year will bring. I wanted to personally thank all of the trustees lan, Cherry. Jon. Philip. Lee. Liz. Sarita and Avis who support not only myleadership. but all areas ofthe Lantern.We are oneteam. Here's to the next year and a Dorset wide provisionl be identified to bring the real voice of
What do Lantern do? Helping vulnerable and marginalised people The Lantern is an independent registered charity which was founded in 1983 to benefit vulnerable and marginalised people in the Weymouth and Portland area and we now serve the wider Dorset area. frontline practical assistance. housing and ac¢ommodation support, an assisted rent deposit scheme. welfare benefit advice and mental health and wellbeing services. We aim to bring lasting change to people's lives through providing a dedicated service meeting people's practical. emotional and personal care need. Our ethos is one of social inclusion and we aim to break cycles of d isadvantage and dependency. We have developed a unique service delivery model which is based in Crisis. Recovery and Mental Health and Wellbeing Hubs and includes outreach into the community. Ou r ethos throughout our work IS to ernpowerthe indj ,tdual and always encourage perotsnal ch01ce and respcinsibility. The building of lasting trusti ng relationships with our customers is the foundation A key aspect of The Lantern's success is workingclosely3nd professionally witli other agencTes and we view collaboration as key to achieving the outcornes our beneficiaries require. Our customers approach us with a varied range of personal concerns including mental health problems, offending behaviour. addiction. homelessness and personal Crises. on which all our work is built, the Lantern continues to be a place where laughter, friendship and hope are very apparent. Ou r customers remain centra I to all that we do. We believe that support should be something that we are all able to access when we need it most. We aim to meet these needs through providing a wide range of services including advocacy. crisis response. io We aim to bring lasting change to people's lives
Lantern Hubs Pathways to Improved Health and Wellbeing Crisis Hub Based at 2 Ranelagh Road. Weymouth. DT4 7JD. our Crisis Hub is home to our Drop-ln Centre. which is the gateway to all Lantern Hub and partner agency service5. Our Servi¢e Coordinators operate a triage system. offering light-touch support and advice and referrals into specialist services where apprDpriate. Our Housing and Benefits Team. Wellbeing and Accommodation Skjstainment Project. Education. Training and Employment Coordinator and Complex Drug and Alcohol Worker and Supported Accommodation Officers are based here. Recovery Hub rrtt Based at l Queen.Street. Weymouth, DT4 7HZ. our Re¢overy Hub is equipped with an NHS sti n.dard clini¢81 room whicl." hosts our own GP Outreach Service twice a week_ Hub partner agencies Julian House and Shelter Housing First are permanently based at this location. Other agencie5 currently providing services include the NHS Homeless Health Service. NHS Podiatry. Catch22. Interventions Alliance and a Domestic Abuse Service. Showers, lockers and clothes washing facilities are also available here. i Access . %¥ Wellbeip9 Hope House Mental Health & Wellbeing Hub Based at Hgpe House, 2 Dorchester Road. Weymouth. DT4 7JS, our Mental Health and Wellbeing Hub offers a range of services to our local community. Our Wellbeing Coordinator oversees referrals to Dorset Mind Active Monitoring Service. an ARRS Worker. EMDR therapy and access r¢) psychological therapies. other activities include a Women's Group and yoga and further activities which promote wellbeing are being planned. li
Our Support Drop-ln Support Homelessness Support Our drop-in support and gu idance service assists people in maintaining residency in theirown home orother types of accommodation. We provide Drop-ln support to individuals experiencing mental health difficulties. who have a history of offending behaviour, addiction. homelessness. as well as a variety of personal crises. We supportall those who are homeless or at risk of becoming homeless. no matter their support needs, includ ing those at risk of offending or people with mental health need5. low self-esteem or poor literacylnu meracy. Emotional Support Support is person-centred and fully tailored to individuals- the service provides a supportive environment that asslsts with a broad range of daily tasks and responsi bilities. Various factors can have a negative impact on an individual's emotional and mental well-being. Abuse. anger. bereavement, bullying. depression. and self-harm, to name a few - all of these things can prevent them from living life fully. Our employees and volunteers have been trained to offer emotional support to each of our custorner5. Whether people live in supported or independent housing. we provide SUPPDrt and guidance on a variety of topics. including transport, shopping. education, health. and discussitsns about parenting. relationship building. community involvement. and general welfare. Our team is available to listen. provide information. and offer feedback. They can asslst individua15 in making sense of ttieir difficulties, discussing thei r options. and establisb.lng a sense of control over their life. By speakir." with us, they can get things off their chest. WDrk through any issues, and let go Df traumatlc 5ituation5. Meyital Health Support If an individual suffers from mental health difficulties. we can help by helping them identify and diagnose the problem, providing advice and necessary resources. helping them to feel safe and supported. offering thern a range of treatment optioris. providing supported housing. helping with their recovery, getting them involved in social activities and helping them to feel more independent. Housing Support We support all those who are homeless or at risk of becoming homelgss. no matter theTr support needs, includ ing those at risk of offending or people with mental health needs. low self-esteem or poor literacy and numeracy. Benefit Advice If an individual is homeless orat risk of becoming homeless we can help by evaluating their current housing situation. working out what their needs are and giving them advice on the next steps to take. We will work with them to create a unique housing and wellbeing plan that outlines the steps we will take together to prevent or alleviate their homelessness. We can advise people on all benefits and other entitlements that may be available to them. undertake benefit checks to ensure they are not missing out on any available benefits, assist them in completing the necessary forms and assist them with advice and support if their benefit claim is denied or they do not receive the amount they expected.
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Our Impact: Customer Stories Adrian's Story l arrived at The Lantern's Safe Sleep Project Homeless and didn't know whatto do. I was ableto see a GP forthe first time in ages and felt respected and listened to. I moved into a hostel they run and have started gardening again. l am now living in my own flat and have hope for the future. Dan and Laura's Story We couldn't 3fFord to pay the deposit needed for our flat. The Lantern offered help when we had no more options. Bill's Story Life had hit the buffers. I was sleeping on a beach with nowhere to go. The Lantern listened. housed me and I began to see a future for myself. I am now back fishing and love where I live as it's like a community where we support each other. Dave's Story I didn't need lots of support. l just needed a place where I could go where I could chat through my concerns and needed help with my benefits.
Ben's Story Ben (not his real name) was referT¢d to our Wellbeing and Accommodation Sustainment Project (WASP) when he was placed in temporary accommodatton by Dorset Council. He needed intensive support due to his complex needs. which included mental health issues. Whilst working with its. he stabilized his medication and his mental health improved considerably. Wo supported him in many ways. including aLtonding appointments with other agencies such as the Community Mental Health Team. At tirnes he struggled with anxiety due to triggers. but we always managed to find Common ground and retrieve the sltuation. After assisting him with a Housing Application. he successfully socured accommodation in the social housing sector, leaving his temporary accommodation. We assisted him with the move. sourcing removals and itoms needed for his new homo. We made sure that he was registered for all utilities. Council Tax and a TV license. and helped him settle into his new accommodation. kle told his WASP woykerthat. when the day ¢ame that he no longer needéd OLFr support that he would miss him as he had'been a diamond." He also sa¥d-,-thanks lor 815 that The Lantern do for me. I don't know where I would be without you." ssfully exited our WASP a he Can always come in Coordinator team. He succ d no longer requires our intensive suppor The Lantern and receive assistance fro However. r Service hekn "Thanks for all that The Lantern do for me. I don't know where I would be without you." 15
Who do Lantern support? We are based in an area which is in the top 20% most deprived areas nation- ally regarding multiple deprivation. Our clients present with multiple social ex- clusion factors and face associated barriers to housing. benefits, health care. practical and emotional support which our services seek to address. Who benef its f rom our work? Number of People Experiencing each Social Exclusion Factor In 2023124. 580 people were assisted byThe Lantern. 493 ofwhom had complex needs. GOO were new referrals and 352 were pre-existing clients.Our5ervices are unique in approach when ¢onsidering local provision. in that we offer a ¢omplete range of services under one roof. Mental Illness 422 Alcohol misuse 182 Substance misuse 190 Physical Disability 171 ChroniclTerminal Illness 51 64 We cornplement local statutory 5ervicF.y by having thÉ ability to work with those who are unable or Learninl. d isabilities Ex-offÉ.n*Jers 149 unwilling to engage with mainstream services. acting as a last line in assistance for the difficult to engage. Gambling issues Refugee5 Men at risk of violence 26 Women at risk of violence 41 Special needs elderly requiring extra care Vulnerable mother & baby Young people at risklleaving care 12 I Vulnerable ex-service personnel 20 streot homeless 101 Sofa-surfing 96 Homeless in another setting 82 Repeat homelessness 86 Threatened with homelessness 108 16
Number of People Experiencing each Mental Health Issue SHO Depression 315 Anxiety 273 Self-Harm 46 Suicidal IdeationlAttempts 106 ADAD si OCD Asperger's 23 PTSD 80 Schizophrenia 31 Bipolar Disorder 33 Personality Disorder 57 Agoraphobia Mental Health issues due to Brain Injury The Lantern Charity shop in Weymouth. Dorset. Autism Under the CMHT for Assessment Is Dual Diagnosis 47 TheGSK IM T Awards 2022 The Lantorn Trvst was judged to bo in the top 20 of 350 èppli¢ation5 from registered charities that Jro at least three years old. working in a health-related field in the UK. As runners-up. we were fortunate to receive a grant of £4000 to further our charitable aims. The GSK IMPACT Awards are funiled by GSK and managed in partnership with The King's Fund. provtding funding. training and development for charities doing excellent work to improve people's health and wellbeing. We aim to busld on th*s achievement in the future through monitoring client health and wellbeing needs and developing services accordingly. The GSK IMPACT Awards ère funded by GSK and managed in partnership with The King's Fund. 17
How do we Measure Success? The number of people we reach. the number we house and the interventions delivered to meet people's needs has grown year on year: 2020 - 2021 ?o?i 90?? 395 assisted 517 assisted 822 assisted 952 assisted 2020 - 2021 53 housed 109 housed 118 housed 119 housed 2020 - 2021 3796 interventions | 6615 interventions I 11407 interventions 13720 interventions 2023/24 Lantern Interventions by Service 4% 9/, 16% Housing Benefits 3Y. Health Drop-bn Wellbeing and Accorllmodation Sustainment Project j Complex Drug and Alcohol Worker Education, Training and Employment Coordinator Supported Accommodation Officer Wellbeingat Hope 14ouse 13% 22. 22% 18
How are we doing. In 2022/23 2219 185 Housing intorventions clients received health assistante ue clients Were h 1188 Supported Accommodation Officgr interventions 45 clients were assisted under our Wellbeing and Accommodation Sustainment Project 264 Benefits interventions 1159 455 Complex Drug and Alcohol Worker interventions Health interventions ¢iieDts received 1775 tse? elIbeing inteiventiofiS Education. Training and Employment Coordinator interventions fiOAll>du<Sup.portg¢.. 3065 Drop-ln interventions 3008 clients were supported by our Hostel Support Worker Wellbeing and Accommodation Sustainment Project interventions
Hope House Mental Health and Wellbeing Hub Hope House Health and Wellbeing Hub is a new Lantern initiative which has been created in response to an identified need for an accessible mental health path- way with provision f or outreach into the wider community across Dorset. This plan is in linewith the national NHS England long-term plan to transform mental health services. The basis of our planned health offer is to carry on Dur already established. evidence-based mo(Sel of basing multiple agencies at one location in orderto avoid duplication and red- tape in accessing services. not be all things to all people. we built an offer ol a 'Lantern Lite- building at Hope House. Ioc2tecl away from our Hub location. Our idea is to help us establish a community-based asset offering primaFy and secondary mental health service drop-ins which will facilitate people's easy access to services. After completing our Crisis and Recovery Hub models. a gap in provision was identified. whereby some peoi)le found it difficult to acGes¢ ".Eatutory primary and secondary mental health services. As. in our current location we could It is our belief that. in integrating both prirnary and secondary mental health cère alongside colleagues from the third sector. we can build a new servi¢e model. bridginga gap that people are central to decision- making regarding their care. which exists through having multiple ¢are systems in place. It will also Carry on the clearly deFined working model of the Lantern's Multi-Dis¢iplinary Team IMDT) pproach, which not only tracks, minutes and evidences client need but enables us to grow services in a way which is integrated and avoids duplication. ensuring that true collaboration is at the heart of all we're doing. This not only reflects best practice but, as a Hub together. we grow based on need. Our approach will be based on taking timeto building lasting.trusting relationships with our clients. taking a holistic view of treating mental health issue5. not in isolation but with an understandingof how all aspects of life are for the client and how support networks regarding family and friends can be util ized to the best advantage. We are now proud to announce that alongside our partners Help & Care and BCHA, we have been awarded the new Access Wellbeing contract for the next 5 years. What a moment forus all to be proud aswe are part of the formation of the new mental Hope Housewill be run on Open Dialogue methodology. ensuring health system
Green Pastures We are delighted to have become partners with Green Pastures. a social enterprise which. through their unique ethical investment model. changes the lives of homeless people. with one person housed through every £15.000 invested. Green Pastures purchased Boot Hill. a 7-bedroom property which the Lantern was already supporting via the Rapid Rehousing Pathway Supported Lettings Service under agreement with the previous owners. The bedrooms are all en-suite and there is a shared kitchen. yard and garden area. in oijr housing stock or that of partner13ndlords and are ready for their next step. Green Pastures and The Lantern share the view that providing housing is a starting point for supporting homeless people and that it can be used as a springboard to provide support for residents to gain life skills and the confidence to È¢¢e5s meaningful activity and employment. Under the partnership. The Lantern identified and proposed the property to be purchased. refer people to the property and receive Housing Benefit which pays for the lease and maintains the property. Green Pastures purchased the property. leases it to The Lantern, provides professional consultancy on Housing Benef it, provides staff training regal ijing paperwork and practical issuès and give5 ongoing support. feedback and inforrnation. Our residents benefit from good quality accommodation and intensive support from Lantern Hub services. We have jL'St expanded our portfolio. with e addition of a 2-bedroom flat which will provide essential move on frir people already The premise of the offer at Hope House is the role of our Wellbeing Coordinators. They act as the builfling point to all of the Lante". ns wi(, '.r support offer that enabl•ThFJr Customers to approach, feel listened to and supported. ,4I15TIN ,ESTATE .AG ENTS 01_50) 8)847 21
Tumbledown Farm The COVID-19 pandemic and lockdown has made us realize the importance of our community spaces and. more specifically. how we use them. Tumbledown in Weymouth is a 27-acre former farm owned by Weymouth Town Council, which is being developed into a community asset in partnership with Weymouth Area Development Trust IWADT). in natu re and green spaces. Formany this will create a therapeutic atmosphere to escape the isolation and boredom people sometirnes experience at home. As a resultolthis.there will be the han¢e for participants to take the produce they have helped grow home to use themselves, reaping the benefits of their hard work_ We offer a non-judgmental atmosphere rorall people from all walks of life to be involved. giving people the pportunity to join J new community of like-, tiinded and enthusiastic people ready to learn new skills al., puttheirminds to new challenges. Tumbledown Farm is a project run by Weyrnouth Town Council, who are working in partnership with Dorset Council. Public Health and Natural England. Falltswing public consultations at the end of 2019, several key thernes emerged which expressed how local people felt the land an:Fits natural capital might be reptsi'gosed to mèet the needs of the community. and its vulnerable members. There are a wide range of activities and lots of planned projects for TLJmbledown. including= Volu nteer Days. Community Grow Spaces and veggie boxes. Future prospective projects include a Community Kitchen. making jams and chutneys, cooking courses. a Café and a Farm Shop. Our mission with the community grow-spac8 is to give people a pvrpose and routine to their week. The Lantern pride5 Itself on its sense of community. and it is ourdesire to carrythis on into the project at Tumbl$down. We also want to draw on the physical and mental health bernefits of outdoor work and being 22
Service Coordinators (SCO) and Hub Services Drop-ln and Coffee Bar Our Drop-ln is often the first point of contact for clients approaching our service and our Service Coordinators triage and signpost them to relevant agencies. whether that be in-house. Hub partner or external agencies. Our SCOS are trained regarding homelessness and general support and offer light-touch interventions. from helping with energy bills. logging on to Universal Credit Journals and providing Food 8ank vouchers to referrals into ourGP Outreach Service. Dentaid. podiatry services and Specsavers. Citizens Advice Bureau Our Hub offers a CAB advisor. who specialises in benefit queries and debt advice and can help with Universal Credit. Limited Capability For Work Questionnaires and other disability c12im forrns such as those for Personal Independence Payment. An Income Maximisation Service is also offered in order to check that customers are in receipt of the correct benefits. We offer a variety of appointments from Monday to Thursday. Catch22 Catch22 offender rnanagement service is based in ourHub on Mondays. provid ing a rehabilitation service and long-term support needed for positive outcomes and to reduce reoffending. You First Domestic Abuse Services We understand the extra support needed for those experiencing domestic abuse or violence. We have tried to make this as easy as possible for our clients. by offering a drop-in service with You First every Thursday morninry from 10am-12prn. Our coffee bar is open Tuesday. Wednesday and Thursday 10am 2pm and offers a safe space for many of our clients. We serve refreshments at a reasonable ¢05t. and clients are made to feel welcome whether they are approaching for assistance or just popping in to socialize and relax. Interventions Alliance Interventions Allianr.e is based in our Hub on Wedne-days. supporting lients on a license or Community Order. with a focus on community reintegration. Food Bank We work closely with Weymouth. Portland. Dorchester, Bridport and Bournemouth Food Banks, offering referral ¢odes and informing clients of opening times. either in person or over the phone. We always ask for the underlying rgasons behind the need to ensure that further support Can be offered where appropriate. Barber Service We bel*eve that offering this -front room- environrnent encourages the growth of trusting relationships with our clients and breaks down barriers to accessing appropriate support. We have recently introduced a Barber Service, which runs every other Friday afternoon and requires pre- booking- Our Barber is recently qualified, and has offèred to give free haircuts at the Lantern. in order to support people in the disadvantaged situation which he once found himself in. 23
LANI'ERN TKIIST Housing Team -9 Dorset Council WEYMOUTH TOWN COUNCIL . The Lantern Housing & Resettlement Project. in funding partnership with Dorset Council and Weymouth Town Council. Continues to provide a specialised service for those in housing need as part of the Integrated Prevention and Support (IPS) Service, endeavouring to meetthe complex needs and wishes of our customers with a flexible and holistic approach. The Lantern values inter-agency working very highly and acts as a direct and easily accessible gateway to many other services within the area of Weymouth and Portland. whilst retaining its position as an in- house provider of a comprehensive Housing & Resettlement Project with provision for internal referrals to other Lantern servi¢es provided in 04Jr Crisi5 and Recovery Hubs. Services At the Lantern we know how important It is for our clients to improve their housing sitijations with a minimum ofdelay.The team works alongside Hub and external partneragencies includingJulian House Dorset Assertive Homeless Outreach Team. Shclter. Shelter Housing First. The Bus Shelter Dorset and Dorset Cou ncil. to help navigate the client's housing i.")Jrney. During 2022123. the project assisted vulnerable members of society with varying levels of need. Accommodation has been sourced, loans for rent deposlt5 and rent in advance provided. homelessness has been prevented and tenancies havo been sustained through intensive ongoing support. They offer 3 housing appointments every Monday. Wednesday and Friday and are due to increase this offer in April 2023 to 5 days a week. Referrals are regularly made to supported accommodation and our own accommodation is utilszed when vacancies permit. Assisted Deposit and Rent in Advance Schemes Our clients are often in r8¢8ipt of welfare benefits or on a low income and struggle to meet the considerable costs involved in securing accommodation. In order to remove this particulèr barrier to housi ng. we offer means tested Assisted Deposit and Rent in Advance Schemes. For those unable to secure funding from other sources. we remain a last port of call. The service offers a minimum of SIX months tenancy support to those engaging with the service, with provision to provide ongoing support to those most in need. In addition to a general housing advice service. the Team also assists with more specialised Casework. such as Mandato¥y Reconsiderations and Appeals against intentionally homeless and non-priority ne¢d decisions. 24
WASP Wellbeing and Accommodation Sustainment Project Dorset Council In October 2022. the Rapid Rehousing Pathway (RRP) was remodeled as the Wellbeing and Accommodation Sustainment Project (WASP). delivering a dedicated tenancy and wellbeing support service to clients needing a more intensive support offerthan is offered by our Housing Team. As with the RRP. the WASP forms part ot Dorset Council's Rough Sleeper Initiative. and we work in partnership with the local authority and partner agencies to provide a well-rounded support offer to this complex cohort. The WASP provides trauma-informed and person-centred ongoing support to clients. building lasting and trusting relationshsps which allows for honest, open dialogue and mutually agr8ed support pathways devel.,l._Iment. Support focuses on developing life skills. increasing motivation and using Personal Budgets to maximum effect to improve client prospects of ac¢essing and maintaining accommodation ènd becoming tenancy ready for successful move- on into permanent accommodation. We are now also landlords in our own right. in partnership with Gr8en Pastures and are Currently in the process of expanding our property partfolio. S¥1 need a place of hope that has been missing from my life. My WASP Worker enabled me to feel listened to and maintain my accommodatlon, but also allowed me to explore what life might hold for me." We have great experience in working with a range of housing providers in the private sector and the team have worked to develop a robust landlord offer which has led to new units of accommodation becoming available. 25
In 2022/23 Hardy House Hostel Project The Lantern Hardy House Hostel Project was created in response to an increased need for homelessness provision caused by the COVID-19 pandemic and is undertaken in collaboration with Dorset Council. The Lantern commenced delivery of the project on 27107120. providing specialised support to vulnerable residents. The project fan until 06112123. Hardy House is situated in Portland and is owned by Dorset Council. It provided 6 bedrooms with separate shower rooms and a shared kitchen for high needs individualswith support and security on 51te. There was also a self-contained one-bedroom flat which Dorset Council Housing Team '. used as ernergency a¢¢ommodation. The project offered residents tailored paGkages of support and triage into Lantern and partner agency services. with the aim of providing them with a better chance of entering and sustaini ng settled accommodation. 48 clients were assisted underthe project. 26
CDAW SAO Complex Drug and Alcohol Worker Project Supported Accommodation Off ice Project Our Complex Drug and Alcohol Worker {CDAWI post provides clients with specialised drug and alcohol interventions, complementing support given by The Lantern and working with the Dorset RSDATGI team and local partners to provide coordTnated support to our clients. The role supports close partnership working with housing. health and wellbeing services. police. Criminal Justice and other relevant partners. The Lantern Supported Accomniodation Officer IsAO} roles were created in response to an increased need for tenancy support which had been identified in our elient group. The Lantern commenced delivery of the project on 01104122, providing specialised support to vulnerable residents. The project offers residents tailored packages of tenancy support and triage into Lantern and partner agency services, with the aim of providing them with a better chance of sustaining their accommodation. Trusting and professional partnerships are developed with and work undertaken alongside other support providers. statutory and voluntary se¢tors. prisons and hospitals to ern bed co- produ¢tion and involvement. We also promote social reablement. supporting clients with access to health and wellbeing services and also supporting them to engage in theaningful occupation within the community. We draw on the many available resourees found within our Hub Serviees. The purpose of the SAO role is to Support people who are facing challenges in their live4:8nd to help them ovef¢ome them by delivering tal.., Ibd support which improve5 emotional wellbeing. self-esteem and confidence. The CDAW role 15 key to achieving the Public Health England objective to improve the lives of vulnerable people and will be part of our growing partnership of homelessness. suppJrt and rough sleeping services in the county.ensu,. g delivery ofa seamless and collaborative approach which places the individual at the heart of all decisions. The SAOS support individuals who have experienced vulnerable housing in the past. enabling our clients to obtain the life skills n8¢essaryto move on into more independent living. Support is provided to a range of Clients in Lantern accommodation and temporary accommodation. giving a continued single point of contact. As a stand-alone project. our SAOS have deployed a great deal of initiative in e5tabli5hing and maintaining the project to ensure its ongoing success in supporting ourclients. 'RSDATG - Rough Sleeping Drug and Alcohol Treatment Grant. 27
ETE Education, Training and Employment Coordinator Project Our ETE Coordinator helps vulnerable clients work towards improving theirself-confidenceand self- classes. walking, gym sessions. swimrning and Fight Back Mental Health classes. As client conf idence increases, we expect to see a natural progression towards an uptake in volunteering opportunities. education and, ultimately. employment. ¢4The ETE project provides access to opportunities to engage clients in a variety of activities including life skills, learning and access to pathways to training and education. esteem. which is a key element ol work contributing towards our goal to improve client health and wellbeing. This is achieved through offering clients the opportunity to engage in meaningful occupation. with a view to reducing feelings of social isolation. encouraging social integration into our wider community. The ETE Coordinator also oversees the Lantern's Tumbledown Farm green Space allotment project- a meaningful activity project which acts as a valuable step towards social reintegration through the development of social and practical Tanya Bailey. ETE Coordinator Clients are currently eftcouraged to take part in activities such as relaxation sessions, reading, art 28
The Lantern GP Out- reach Servic Qur GP Outreach Service is funded by the Weymouth and Portland Primary Care Network (PCN). which is a collaboration between 6 GP practices. Its aims are to act as a gateway to healthcare. to register hard to engage people with the practiees and to en¢ourage people to use primary care service5. Many people engaging with The Lantern need encouragement to access primary ¢are and providing a GP Service in our Queen Street Hub has helped break down barriers to accessing care. Clients are booked in forThursday and Friday appointments upon request by Lantern staff throughout theweek and seen in ourclinical roorn. The service also offers GP registration to people with no means of identification. An average of 5 to 6 client5 are seen during each surgery. Many clients are street homeless and people experiencirig housing vulnerabilities and poverty. By its very nature. an outreach project breaks down barriers through meeting people on their own terms. The Bridges Medical Practice, Cross Road Surgery. Dorchester Road Surgery. Royal Cres¢ent and Preston Road Surgery, Royal Manor Health Care and Wyke Regis and Lanehouse Medical Practice. GP OutfEach presont at.. The 8ridges Medic31 Practice, Cross Road Surgery. Dorchester Road Surgery. Royal Cr¢seent and Preston Road Surgery. Roy31 Manor klealth Care and Wyke Regis and Lanehouse Medical Practice. 29
Your Voice Our service users are stakeholders and theref ore all our services are client- led and driven by the needs of our local community. We have formed a sub-group entitled -your Voice,. which is comprised ofour CEO. Chair of TrLJStees and Operations Manager who hold regular meetings with Our service users in order to gain feedback and inform future and current services. This ensures that the opportunity to take part in LantErn 'Your Voice- sessions where appropriate. "Your Voice~ was developed in order to give ourtlients the opportunity to raise. respond to and discuss presenti ng issues and service delivery. In this way they can play a valuable part in shaping future development ofour services and assist us in identifying gaps in service provision. We also hope to engender a positive sense of empowerment in those who participate in"YourVoice" sessions. we are aware ofshifting trends regarding service user needs and local issues. allowing us to make a positive contribution to a drive against poverty. margi nalisation and social isolation in our locality. forum where people's lived experience Could be used to shape and inform the development of services which most participants feltwould be useful, ar.d this idea will be developec inrough further¢lient discussion. During a session on the subject ol mental health. it became apparent that some clients on strong anti- psychotic medication were not able to access essential physical health checks. due to reasons such as being homeless. having a transient lifestyle. moving address frequently or not being linked in with a GP. Afterthis gap in provision was identified, Lantern staff arranged lor two clients to be given health and wellbeing assessments, one via our GP Outreach Service and one via an external GP. The feedback gathered is shared and discussed during established stakeholder meeti ngs and. where appropriate. fed into development plans.As an example, during a -your Voi¢e~ session on the topic of homelessness. participants felt that new rough sleepers and the homeless community using The Lantern would benefit from a peer-led system where i nformation could be shared with them about facilities and pro¢esses in the Weymouth area and to manage expectations for help. Client involvement and engagement in developing wider service provision relevant to presenti ng needs is actively encouraged via dis¢ussion and The idea was floated about forming a working group or a homelessness 30
Case Study Tim. has complex health needs. housing needs and substance misuse Issues. He attended The Lantern COVID-19 va¢cination clinic for his booster and the Complex Drug and Alcohol Worker (CDAW) introduced himself and explained his role. Tim engaged well and agreed to work with the CDAW towards tacklrng his addiction issues. He had a long history of alcohol dependence which had an extremely harmful impact on his social capabilities and had led to homelessness and considerable physical ill health. reassessed. He was then placed on Wellbeing and Accommodation Sustainment Project (WASP) and was housed through the local authority in his own independent flat. Lantern staff then organised a Social Services Care Assessment to ensure his additional needs were met. Our ETE introduced herself and met with him on a weekly basis. These meetings ranged from general discussion to walks. cooking and discussions regarding ideas/ goals for the future. He was also invited to join our relaxation and reading mornings. As a team, we have seen the benefits ofthis collaborative approach_ Tim has reflected and demonstrated this by his motivation and attendanGe ol all meetings. appointments and activities. His attitude. mindset arld input into all discussions is positive and proactive as are. most noticeably. his efforts to reduce his drinking when participating in all these activities. He expressed a willingness to stop drinking but was unable to do this himself safely. The CDAW visited him his accommodation and it soon became apparent that his health needed addressing in manyways. With his agreement. the CDAW liaised with our Nurse Practitioner. His physical health was a concern he had been admitted to hospital with melaena. a gastroscopy showed grade B oesophagitis. a gastric ulcer. gastritis and portal hypertension. He was jaundiced. confused and had ascites: liver cirrhosis was confirrtried on a CT scan. He had osteo."ioroslS and hdd sustained multiple fracture. Js a result of falling while intoxicated. As part of the proce.. '0* application to detDx/rehab. he Succeeded in demonstrating his motivation. We were successful in our application and funding was granted for detoxl rehab. Having liaised with a specific rehab. he was identified as needing a specialist detox first as a result of his medicallhealth status. in particular his cirrhosis of the liver. The CDAW. Nurse Practitioner and Tim discussed these health outcomes and he was re-referred to the Orthopaedic Team for treatment of his complex fractures. With medical testimony, the CDAW was able to apply for rehab. In order to give him the support needed. Lantern staff created a collaborative support ngtwork and plan involving our Hostel Support Worker. Education. Training and Employment Coordinator (ETE), HousingTeam and Nurse Practitioner. The CDAW sourced a specialist detox unit and he was successfully assessed. An admission date to rehab was agreed on with a two- week detox first. The Lantern supported him to detox in Kent for two weeks. The CDAW li8ised with Rehab and organised for him to be eollected from detox and to go straight to rehab. Our Hostel Support Worker liaised with the CDAW and notified him of his Probation appointments. and the CDAW attended and liaised with the Probation Officer. Staff identified that Dorset Council could reassess his housing status and a meetingwas arranged. with the result that his case was Name has been changed
Where Does Our Support Come From? We receive funding for commissioned services and we make numerous applications to grant-making Trusts in order to fund core running costs and other specific projects when required. We apply to a range of funders to ensure that we are not reliant upon a li m Ited number of funding sources. thereby mitigating financial risk to our services. Our Charity Shop generates income and we receive rent from stakeholder ègencies using office space in our Hub. Our accommodation units generate rental income and we will expect this income to rise as our property portfolio increases. We also have a fundraising team a nd occasionally hold fundraisingevents in the local community. SHOP Our Charity Shop Fundraising We are always lookingat newand innovative way5 of fundraising for our project and have a dedicated Fundraiser Page on Facebook. To donate to The Lantern. please go to www.give.net and click on the donate button. Support from Local Businesses The Lantern Charity Shop is located in an area of multiple deprivation. It has become a local community Hub in its own right. providing a value(J community resource and a sociable meeting place for regular customers. For those in most need. we provide our own vouchers enabling clients to obtain clothes, shoes and household items free of charge. The shop also provides a chance for clients to take the first steps into voluntary work and megningful occupation. which ties in with ourEdu¢ation.Training and Employment Coord inator Project. We are very fortunate to have the support of many local business8S. whom we would like to thank. Not only do our customer5 benefit from their kindness, donation5, ideas and expertise, they also benefit from a real sense of community which their involvement bri ngs. In an area Df multiple deprivation, we see a real coming together of local people who are passionate about helping those most in need. For further information regar(Sing fundraising. please see our web51te www.lanterntrust.org.uk, Facebook pages @LanternTrustUK or contact us via info@lanterntrust.org.uk 32
Future Planning Organisational Development Organisational development needs -. identified in our Strategic Plan 2022- 2024 are to consolidate services. build a fit for purpose organisation, generate a solid evidence-base of needs and impact, achieve financial sustainability and establish our position in the se¢tor. recording the results a¢hieved. Wo wish to monitor our Pfogress on the Strategic Plan and explore ;; areas of devolopment such as social enterprise. back to work initiatives. developing the wellboing aspects J. i of ourHub services, maintaining the financial capabltty of offerir)g o rent deposit scheme lo a growing numbor of applicants and continuod implementation ol the Outcome Star as a means of recording cliont=" outcomes. We also wish to expand our accommodation portfolio in partnership with Green Pastures. Our ambition is to fulfil the goals set out in our Stfategic Plan and to achieve the firnanGial resilience necessary to contintse to meet the needs of our growing ¢liont base. We will measure success through working towards th£ agreed targets set out in the strategic plan and What next? Our Strategic Priorities vefyono we support will r¢ceiv a person-¢cntred holistic support offer covoring every aspect of their lives. The vDice ol lived oxpcrience and thDse using our sorvices will continue to drect where and hoiv our support is delivered. We aim to work more closoly with the NH5 and Dorset Nealthcare colleagues so people can got appropriate access to mental health and wellbcing support at the earliest opportuniry. The Lantern are working to increase their own portlolio in order to create av¢iilable housing stock for th¢ most socially excluded. Wo will strivo to continue collaborating with ¢olleagues across Dorset from both statutory and non-5tatutory agencie5 sn ordor to reduce the bafriers poople faco in rcceiving support. THE LANTERN TKUST 33
THE LANTEIIN TIIUST lanterntrust.org.uk Companj Limited bj Guarar,;oe No 05577019
THE LANTERN TRUST (WEYMOUTH) (A company Ilmited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE LANTERN TRUST (WEYMOUTH) Opinion We have audited the financial statements of The Lantern Trust (Weymouth) (the 'parent charitable company,) and its subsidiaries (the 'group') for the year ended 31 March 2024 whi¢h comprise the Consolidated stalement of financial activities, the Consolidated income and expenditure account, the Consolidated balance sheet, the Charily balance sheet, the Consolidated statement of cash flows and the related notes, including a summary ot significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, 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 Group's and of the parent charitable company's affairs as at 31 March 2024 and of the Group's incoming resources and application of resources. including its income and expenditure for the year then ended,. have been properly prepared in a¢¢ordance wtth United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011. Basis for opinion We conductpd our audit in accordance.with International Standards op. Auditing (UK) {ISAs (UK))-and applicable l¢.'iV. Our responsibih'ties under Ri?ose stsndards are further des¢r;'ied in the Auditors, responsib,-I:"lies for the audit of the financial statements SLilion of our report. We are independent of the Group in accori,ance with the ethi¢al requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in ac¢ordance wrth these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to 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 statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Charitable company's ability to continue as a going con¢ern for a period 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 informatlon The other infomation comprises the information included in the Annual report other than the financial statements and our Auditors. report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other infonnation and, except to the extent otherwise explicitly stated in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the Page 35
THE LANTERN TRUST IWEYMOUTH) (A company limited by guarantee} INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE LANTERN TRUST (WEYMOUTH) other information is materially 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 determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the ¢ourse of the audit: the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Director5. Report included within the Trustee5' Report has been prepared in accordance wilh the applicable legal requirements_ IJEatters on which we are required to report by exception n the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit. we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion.. t'..p parent charitable compari!, has not kept adequate and ...ufficient accounting record¢ or returns adequate for our audit have nLtilJeen received from branches noi visited by us,. or the parent charitable company financial statements are not in agreement with the accounting records and retums., or certain disclosures of Trustees, 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 Trustees. Report and from the requirement to prepare a Strategic Report. Responsibilities of trustees As explained more fully in the Trustees, responsibilities statement, the Trustees {who are also the directors of the charilable company for the purposes of company law) are responsible for the preparation of the financial statement5 and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine 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 Group's and the parent charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realisti¢ altemative but to do so. Page 36
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE LANTERN TRUST {WEYMOUTH) Auditors. responsibilities for the audit of the financial statements 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 Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in a¢¢ordance 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 to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our fesponsibilities, outlined above. to detect material misstatements in respe¢t of irregularities, including fraud_ The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below= We assessed the risk of material misstatement due to non-compliance with laws and regulations by.. obtaining an understanding of the legal and regulatory frameworks that are applicable to the Group and how it Complies with those through enquires of management and those charged with governance. Laws and regulations which make have a direct material effect on the financial statements include the Companies Act 2006 and the Charity Act 2011. Other laws and regulations which may have a material effect on the financial statements include safeguarding. housing and health and safety laws,. and communicating Within the audit team and maintaining professional scepticism. Specifically in respect of fraud we discussed with those Charged with governance areas in which the Group was susceptible to fraud and whether there were an instances of known. suspected or alleged fraud We also assessed the ability of ir{",*rnal controls to mrtigate the ri,,k of fraud and where internal cc"Ilrols were lacking we performed additional audit procedures. We assessed the risk of non-compliance with laws and regulations by= making enquiries of management and those charged with governance concerning actual and potential litigation or claims.. reading meeting minutes for evidence of discussions which may indicate potential litigation and ¢laims-, reviewing the company's records for evidence of legal costs which may indicate non-complian¢e with laws and regulations.. and requesting sight of any Correspondence from regulators. To address the fraud risk of management override of controls, we.. tested the validity of journal entries., tested accounting estimates for evidence of potential bias; performed analytical procedures to identify any unusual relationships- sought explanations and evidence for any transactions outside the normal course of business., and Page 37
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF THE LANTERN TRUST (WEYMOUTHI assessed the appropriateness of accounting policies, including in respect of revenue recognition, bearing in mind the specific requirements of the Charities SORP, using data from outside the accounting system. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery. collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. www.frG.org.uklauditorsresponsibililies. This description forms part of our Auditors, report. Other matters The comparative information in the financial statements is derived from the prior year financial statements of the charitable Gompany which were not audited. Use of our report This report is made solely to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. and to the charitable company's trustees, as a body. Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors, report and for no other purpose. To the fullest extent permitted by law, w? do not accept or assume responsibility to anyone other than the charitabl.) company and its members, a¢ I body, for our audit work, fd,-. this report, or for the opinions we have formL.d. Mr P A Catterniole FCA (Senlor statutory auditor) for and on behalf of Xeinadin Audit Limited Chartered Accountants and Registered Auditors Wadebridge House 16 Wadebridge Square Dorchester Dorset DT1 3AQ Date.17 na_- l-TrLfr Page 38
THE LANTERN TRUST (WEYMOUTH) (A company limlted by guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Total funds 2023 (unaudiled) Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Note Income from: Donations and legacies 5.600 210,529 216,129 73,284 Charitable activities 197.892 730,927 928,819 649, 026 Other trading activities 46,547 46,547 40,358 Investments 35,481 35.481 26,198 Total income Expenditure on: 203 492 1023 484 1226 976 788 866 Raising funds 69,930 69,930 64,619 Charitable activities 204,315 659,710 864,025 651,230 TotdS expenditure 204 315 729 640 933 955 715 849 Net movement in funds Reconciliation of funds: Total funds brought forward 33,738 550,205 583,943 510,926 Net movement in funds 1823) 293,844 293.021 73,017 Total funds carried forward The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 46 to 72 form part of these financial statements. Page 39
THE LANTERN TRUST (WEYMOUTH) {A company limited by guarantee) SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Total funds Total funds 2023 (unaudited) 2024 Note Gross income in the reporting period 1,226,976 788, 866 Less.. Total expendilure (933,955) (715,849) Net incomel{expenditure) for the reporting period 17 The notes on pages 46 to 72 form part of these financial statements. Page 40
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) REGISTERED NUMBER: 05577019 CONSOLIDATED BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024 2023 (unauditedj 2024 Note Fixed assets Tangible assets 13 511,067 495, 701 511,067 495, 701 Current assets Debtors 15 135,191 73,808 Investments 16 250,000 loo, 000 Cash at bank and in hand 221,994 143. 584 607.185 317.392 Creditors.- amounts falling due within one year 17 (241.288) (59, 150) Net current assp.l. 365,89>. 258,242 Total assets less current liabilities 876,964 753,943 Creditors.. amounts falling due after more than one year 18 (170, OOOJ Net assets excluding penslon asset 876,964 583,943 Total net assets Charity funds Restricted funds 19 32,915 33, 738 Unrestricted funds 19 844.049 550,205 Total funds 94 Page 41
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) REGISTERED NUMBER: 05577019 CONSOLIDATED BALANCE SHEET {CONTINUED) AS AT 31 MARCH 2024 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in acGordan¢e with the provisions applicable to entities subject to the small companies regime. The financial ststements were approved and authorised for issue by the Trustees and signed on their behalf by.. Mr I Walton FCA (Trustee) Date.. The notes on pages 46 to 72 form part of these financial statements. Page 42
THE LANTERN TRUST (WEYMOUTH) {A company limited by guarantee) REGISTERED NUPJIBER: 05577019 CHARITY BALANCE SHEET (CONTINUEDI AS AT 31 MARCH 2024 2023 (unaudited) 2024 Note Fixed assets Tangible assets 13 511,024 495, 646 Investments 14 511.026 495.648 Current assets Debtors 138,453 75,621 Investments 16 250,000 100,000 Cash at bank and in hand 216,468 139,821 604.921 315,442 Creditors.. amounts falling due within one ' year 17 (23P,983) (57,147) Net current assets 365,938 258,295 Total assets less current liabilities 876.964 753, 943 Creditors: amounts falling due after more than one year 18 (170,000) Net assets excludlng pension asset 876.964 583.943 Total net assets Charity funds Restricted funds 19 32,915 33, 738 Unrestricted funds 19 844,049 550,205 Total funds Page 43
THE LANTERN TRUST {WEYMOUTH) (A company limited by guarante8) REGISTERED NUMBER: 05577019 CHARITY BALANCE SHEET {CONTINUED) AS AT 31 MARCH 2024 The Charily's net movement in funds for the year was £293,021 (2023- £73,013). The Trustees acknowledge their responsibilities for Complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in aGcordan¢e with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by.. Mr I Walton FCA (Trustee) Date: 111rL The notes on pages 46 to 72 form part of these financial statements. Page 44
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2023 2024 (unaudited) Cash flows from operating activities Net cash used in operating activities 212,830 (86, 768) Cash flows from investing activities Dividends, interests and rents from investments 35,481 26,198 Purchase of tangible fixed assets (19,901) (46, 182) Proceeds from sale of investments 100,000 Purchase of investments 1250,000) (100,000) Net cash used in investing activities (134,420) (119,984) Cash flows from financing activities Net cash provided by financing activities Change in cash and cash equivalents in the year 78,410 (206.752 Cash and cash equivalents at the beginning of the year 143.584 350, 336 Cash and cash equlvalents at the end of the year The notes on pages 46 to 72 form part of these financial statements Page 45
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 General informatlon The Lantern Trust (Weymouth) is a private company limited by guarentee incorporated in England and Wales. The registered office is Wadebridge House, 16 Wadebridge Square, Poundbury, Dorchesler, Dorset. DT1 3AQ. The charity operates from premises at 2 Ranelagh Road, Weymouth, DT4 7JD. Accounting policies 2.1 Basis of preparation of financial statements The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. The Lantern Trust (Weymouth) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical ¢ost or transaction value unless otherwise stated in the relevant accounting policy. The Consolidated statement of financial activities (SOFA} and Consolidated balance sheet consolidate the financial statements of the Charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Charity has taken advantage of the exemption allowed under section 408 of the Companies Act ,'!006 and has not presented its 4iwn Statement of financial activil.ies in these financial statementr. Page 46
THE LANTERN TRUST (WEYMOUTH) (A company limited by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.2 Income All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them {through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recogni5ed when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified ofthe donation. unless performance conditions require deferral of the amount. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is re¢ognised at the time of the donation. Income tax recoverable in relation to investment income is re¢ognised at the lime the investment income is receivable_ Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service. Page 47
THE LANTERN TRUST IWEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {contlnued) 2.3 Expenditure Expenditure is re¢ognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more Ihan one activity and support costs which are not attributable to a single activity are apportioned belween those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's use. Governance costs are those incurred in connection with administration of the company and compliance with constitutional and statulory requirements. Charitable a¢tivities and Govemance costs are costs incurred on the company's operations, including support costs and costs relating to the governance of the company apportioned to charitable activities. All expenditure is inclusive of irrecoverable VAT. 2.4 Interest receivable Interest on funds held on deposit is included when receivable and the amount cari be measured .?id or payable by the reliably by tlie Group,. this is normally upiin notification of the interest p.,. institution whom the funds are deposit(:d. 2.5 Gift Ald In the case of a Gift Aid payment made within the Group, income is accrued when the payment is payable to the Parent Charity under a legal obligation. Measurement is at the fair value receivable, which will normally be the transaction value. 2.6 Tangiblo fixed assets and depreclation Tangible fixed assets are initially recognised at Cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. At each reporting date the Charity assesses whether there is any indication of impairment. If such indiGation exists, the recoverable amount of the asset is determined to be the higher of its fair value less ¢osts to sell and its value in use. An impairment loss is recognised where the Carrying amount exceeds the recoverable amount. Page 48
THE LANTERN TRUST (WEYMOUTH) (A company Ilmited by guarantse} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (continued) 2.6 Tangible fixed assets and depreciation (continued) Depreciation is charged so as to allocate the cost of tsngible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis.. Freehold property- land Freehold propety - structure Freehold property - roof and internal fixtures Fixtures and fittings Computer equipment not depreciated 1% -4% 150 15% reducing balance reducing balance The assets, residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate. or if there is an indication of a significant change since the last reporting date. 2.7 Investments Investments in subsidiaries are valued at cost less provision for impairment. 2.8 Debtors Trade and other debtors are recogniserc at the settlr.ment amount after any trade discount offered. Prepayments are valued at the amount ?".epaid net 61 any trade discounts due. 2.9 Current asset investments Current asset investments includes short-term investments with a maturity of over three months from the date of acquisition or opening of the deposit or similar account and maturity of less than 12 months from the reporting date. 2.10 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.11 Liabilities and provlslons Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or servi¢es it must provide. Page 49
THE LANTERN TRUST (WEYMOUTH) (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {Gontinued) 2.12 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.13 Operating leases Rentals paid under operating leases are charged to the Consolidated statement of financial activities on a straight-line basis over the lease term. 2.14 Pensions The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fvnd in respect of the year. 2.15 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Group and which have not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors i)r which have'.been raised by the Group for particular purpose.8. The costs ri raising and adMini._ oring such fu.,ds are charged against the specific fund. The ai..i and use of Ldch restricted fund is set out in the notes to the financial statements. Investment income, gains and losses are allo¢ated to the appropriate fund. Income from donatlons and legacies Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Donations Restricted Unrestricted funds funds 2023 2023 Total funds 2023 Donations Page 50
THE LANTERN TRUST (WEYMOUTH) (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activitles Restricted Unrestrl¢ted funds funds 2024 2024 Total funds 2024 Grants and sernices provided under ¢ontract 197.892 640.031 837,923 Property 90,896 90,896 Restricted Unrestrted Total funds funds funds 2023 2023 2023 (unaudited) (unaudited) (unaudited) Grants and services provided under contract 136, 701 431, 176 567,877 Property 81,149 81, 149 Income from othor trading activities Income from non charitable trading actlvlties Unrestricted funds 2024 Total funds 2024 Subsidiary trading income- sale of goods The subsidiary's trading income comes from a charity shop which sells goods donated by the public. Page 51
THE LANTERN TRUST (WEYMOUTH) {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Income from other tradlng activities (continued) Income from non charitable trading activities (continued) Unrestricted Total funds funds 2023 2023 (unaudited) (unaudrted) Subsidiary trading income - sale of goods Investment income Unrestricted funds 2024 Total funds 2024 Rental income 33,723 33,723 Investment income 1,758 1,758 Unrestricted Total funds funds 2023 2023 (unaudited) (unaudited) Rental income Expenditure on raising funds Costs of raising voluntary income Unrestricted funds 2024 Total funds 2024 Allocated centrally incurred fundraising and govemance costs Page 52
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on raising funds {contlnued) Costs of raising voluntary Income (continued) Unrestricted Total funds funds 2023 2023 (unaudited) (unaudited) Allocated centrally incurred fundraising and governance costs Other trading expenses Unrestricted funds 2024 Total funds 2024 Subsidiary trading expenses 21,011 21,011 Subsidiary staff ¢05ts 12,444 12,444 Page 53
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on raislng funds (continued) Other trading expenses (continued) Unrestricted Total funds funds 2023 2023 (unaudited) (unaudited) Subsidiary trading expenses 21,867 21,867 Subsidiary staff costs 9,193 9, 193 Analysis of expenditure on charitable activities Summary by fund type Restricted Unrestricted funds funds 2024 2024 Tc tal 2024 Grants and services provided under contract 204,315 575,586 779,901 Property 84,124 84,124 Restricted Unrestricted funds funds Total 2023 2023 2023 (unaudited) (unaudited) (unaudited) Grants and services provided under contract 114,210 471,308 585,518 Property 65,712 65,712 Page 54
THE LANTERN TRUST (WEYMOUTH) (A company limlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expendlture by activities Activlties undertaken directly 2024 Total funds 2024 Direct costs - see below 779,901 779,901 Property 84,124 84,124 Activities undertaken Total directly funds 2023 2023 (unaudited) (unaudiled) Direct costs - see t*"..low 5-$5.518 585.518 Property 65, 712 65, 712 Page 55
THE LANTERN TRUST (WEYMOUTH (A company limited by guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expenditure by activities (contlnu8d) Analysis of direct costs (continued) Analysis of direct costs Grants and services provided under contract 2024 Property Income 2024 Total funds 2024 Staff costs 500,008 500,008 Coffee bar purchases 287 287 Telephone and internet 4,437 4,437 Insurance 8,941 8.941 Light, heat and power 14,352 14,352 Rent, rates and water 38,317 38,317 Repairs and maintenance 14.657 14.657 Office supplies and postage 5,657 5.657 Equipment, repairs and replacements 8,340 8,340 Staff and volunteer expenses 13.284 13,284 Training and resources 7,875 7,875 Rent deposits and customer support 116,304 116,304 Sofvare support 16,485 16,485 Boot Hill rent and expenses 70.331 70,331 Carlton Road rent and expenses 13,793 13,793 Page 56
THE LANTERN TRUST {WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysis of expendlture by activities (continued) Analysls of direct costs {continued) Professional fees 10,249 10.249 Sundries 185 185 Depreciation and impairment 4.523 4.523 Governance costs 16,000 16,000 Grants and seNices provided under Property Total contracl Income funds 2023 2023 2023 (unaudited) (unaudited) (unaudited) Staff col.ts 411.,:l75 411,475 Coffee bar purchases 361 361 Telephone and internet 3, 798 3, 798 Insurance 7,190 7, 190 Light. heat and power 9,599 9,599 Rent. rates and water 5,080 5,080 Repairs and maintenance 22.649 22,649 Office supplies and postage 7,637 7,637 Equipment, repairs and replacements 9,341 9,347 Staff and volunteer expenses 11,685 11,685 Training and resources 4,079 4,079 Rent deposits and customer support 60,207 60,207 Page 57
THE LANTERN TRUST (WEYMOUTH} {A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Analysls of expenditure by activltles {continued) Analysis of direct costs (continued) Sofvare support 17,833 17,833 Boot Hill rent and expenses 65,712 65,712 Independent examiners fee 3, 500 3,500 Professional fees 762 762 Depreciation and impairment 3,913 3,913 Governance costs 6,409 6,409 71 Property costs are allocated based on direct expenditure incurred. 10. Auditors. remuneration rhe auditor.. remuneration amounts to an auditor fee of £12,OJO (2023 - ¥.J, and accounts preparation and payroll services of £7,000 (2023- £6.200). Page 58
THE LANTERN TRUST IWEYMOUTH) (A company limited by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. Staff costs Group Group 2023 2024 (unaudited) Charlty Charily 2023 2024 (unaudited) Wages and salaries 490,306 403. 602 478.655 394,409 Social security costs 38,903 36,376 38,550 36,376 Contribution to defined contribution pension schemes 15,792 12.356 15,352 12,356 The average number of persons employed by the Charity during the year was as follows= Group Group 2023 2024 (unaudited) No. Charity Charity 2023 2024 (unaudited) No. Number of employees No employee received remuneration amounting to more than £60,000 in either year. Key management personnel received wages of £116,161 {2023 £107,619) with employer's national insurance contributions of £11.197 (2023 - £10,565) and pension contributions of £3,548 (2023 - £3,293). 12. Trustee5' remunoratlon and expenses During the year, no Trustees received any remuneration or other benefits (2023- £NIL-). During the year, no Trustee expenses have been incurred (2023- £NIL). Page 59
THE LANTERN TRUST {WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Tanglble fixed assets Group Freehold Fixtures and property fittings Computer equipment Total Cost or valuation At 1 April 2023 468,541 51,819 9,007 529,367 Additions 2.784 17,117 19.901 At 31 March 2024 471,325 51,819 26.124 549,268 Depreciation At 1 April 20-. 3 29,376 4,290 33,666 Charge for the year 2,811 1,724 4,535 At 31 March 2024 32,187 6,014 38,201 Not book value At 31 March 2024 At 31 March 2023 (unaudited) Page 60
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Charity Freehold Fixtures and property fjttings Computer equipment Total Cost or valuation At 1 April 2023 468,541 51,819 8.775 529,135 Additions 2.784 17,117 19,901 At 31 March 2024 471,325 51,819 25,892 549,036 Depreciation At 1 April 2023 29,376 4,113 33,489 Charge for the year 2,811 1,712 4,S23 At 31 March 2024 32,187 5,825 38,012 Net book value At 31 March 2024 At 31 March 2023 (unaudited) Page 61
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. FSxed asset investments Investments in subsidiary Companies Charity Cost or valuation At 1 April 2023 At 31 March 2024 15. Debtors Group Gmup 2023 2024 (unaudited) Charity Charity 2023 2024 (unaudited) Due within one year Trade debtors 123,208 57,600 123.208 57,600 Amounts owed by group undertakings 7,476 6,677 Prepayments and accrued income 8,464 10.708 4,250 5,844 Tax recoverable 3,519 5,500 3,519 5,500 Page 62
THE LANTERN TRUST IWEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. Current asset investments Group Group 2023 2024 (unaudited) Charity Charity 2023 2024 (unaudited) Fixed term deposit ac¢ounts 250.000 100.000 250.000 100,000 17. Creditors: Amounts falling due within one year Group Group 2023 2024 (unaudited) Charity Charity 2023 2024 (unaudrted) Other creditors 8,621 7. 183 8,567 7, 183 Accruals and deferred income 232,667 51,967 230,416 49,964 Deferred in¢ome comprises amounts receive.1 under contracts fr)r the provision of services, for which services have not been provided at the year-r.'ri Page 63
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. Creditors: Amounts falling due after more than one year Group Group 2023 2024 (unaudited) Charity Chan"ty 2023 2024 (unaudited) Amount owed to Albert Hunt Trust 17 The loan, which was at a below market rate, was secured against property held by the trust. This loan was released and mortgage fully discharged on 15 August 2023. Page 64
THE LANTERN TRUST {WEYMOUTH) (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. Statement of funds ststement of funds . current year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure Unrestricted funds General Funds 550 205 1023 484 844 049 Restricted funds Restricted Funds 203 492 204 315 Total of funds Page 65
THE LANTERN TRUST (WEYMOUTH (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. Statement of funds {continued) statement of funds - prior year Balance at 31 March Transfers 2023 in/out (unaudited) Balance at 1 April 2022 Income Expenditure Unrestricted funds General Funds 510 926 644 665 635 587 550 205 Restricted funds Restricted funds 144 201 Total of funds 20. Summary offunds Summary offunds - current year Balance at 31 March 2024 Balance at 1 April 2023 Income Expenditure General funds 550,205 1,023,484 (729,640) 844,049 Restricted funds 33,738 203,492 (204,315) 32,915 Page 66
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 20. Summary of funds (contlnued) Summary of funds - prior y8ar Balance at 31 March 2023 881anGe at 1 April 2022 Transfers in/out Income Expenditure General funds 570,926 644, 665 (635,587) 30,201 550,205 Restricted funds 144,201 (80, 262) (30,201) 33, 738 Page 67
THE LANTERN TRUST (WEYMOUTHI (A company limited by guarante8) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21. Analysis of net assets between funds Analysis of net assets between funds . current period Restricted Unrestrlcted funds funds 2024 2024 Total funds 2024 Tangible fixed assets 511,067 511.067 Current assets 32,915 574,270 607,185 Creditors due within one year (241,288) (241,288) Total Analysis of net assets between funds - prior period Restricted Unrestricted Total runds funds funds 2023 2023 2023 (unaudited) (unaudited) (unaudited) Tangible fixed assets 495,701 495, 701 Current assets 33, 738 283,654 317,392 Creditors due within one year (59, 150) (59, 150) Creditors due in more than one year (170,000) (170,000) Total Page 68
THE LANTERN TRUST (WEYMOUTH) (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 22. Reconciliation of net movement In funds to net cash flow from operatlng activities Group Group 2023 2024 (unaudited) Net income for the period (as per Statement of Financial Activities) 293,021 73,017 Adjustments for: Depre¢iation charges 4.535 3,931 Dividends, interests and rents from investments (35,481) (26, 198) Increase in debtors 161,383) (26.080) Increasel(deorease) in creditors 12,138 (111,438) Net cash provided byl{used in} operating activities 23. lysis c., cash and cash equivalents Group Group 2023 2024 (unaudited) Cash at bank and in hand 221.994 143,584 Total cash and cash equlvalents Page 69
THE LANTERN TRUST (WEYMOUTH) (A company Ilmited by guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 24. Analysis of chang8s in net debt Acquisition Other non-cash At 31 March changes 2024 At 1 April 2023 Cash flows investments Cash at bank and in hand 143.584 228,410 {150.000} 221.994 Debt due after 1 year (170.000) 170,000 Liquid investments 100,000 150,000 250,000 Page 70
THE LANTERN TRUST (WEYMOUTH) (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 25. Pension commitments The charity operates a defined Contribution pension s¢heme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. The charge to income and expenditure in respect of defined Contribution schemes was £15,792 (2023 - £12.356). Contributions totalling £2,667 (2023 £NIL) were payable to the fund at the balance sheet date and a included in creditors. 26. Operating lease commitments At 31 March 2024 the Group and the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows- Group Group 2023 2024 (unaudited) Charity Charity 2023 2024 (unaudited) Not later than 1 year 81,099 65, 229 66.099 50,229 Later than 1 year and not later than 5 years 189,374 201,467 183,124 180.217 Later than 5 years 5.200 The following lease payments have been recognised as an expense in the Statement of financial activities.. Group Group 2023 2024 (unaudited) Charity Chan'ty 2023 2024 (unaudit8dJ Operating lease rentals 27. Related paty transactions The charity received donations of £13,092 (2023 £9,292) from its trading subsidiary, Lantern (Weymouth) Trading Company Limited in respect of trading profrts distributed under covenant. Page 71
THE LANTERN TRUST IWEYMOUTHI (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 28. Controlllng party The charitable company is Controlled by the trustees, who are directors of the charitable company. 29. Principal subsidiaries The following was a subsidiary undertaking of Ihe Charity= Name Company number Registered office or principal Principal activity place of business Lantern (Weymouth) Trading Company Limited 05499909 Wadebridge House, 16 Wadebridge Square, Dorchester, Dorset. DT1 3AQ Charity shop Class of shares Holding Included in onsolidation Ordinary 1009k Yes The financial results of the subsidiary for the year were.. Name Income Expenditure Profitl{Loss}I Surplusl (Deficitl for the year Net assets Lantern {Weymouth) Trading Company Limited 46,547 33.455 13,092 Page 72