REGISTERED COMPANY NUMBER: 06218426 (England and Wales) REGISTERED CHARITY NUMBER: 1121701 rt of the Trustees and Unaudited Financlal Statements for the Year Ended 30 June 2024 for Communi Lions Foundation Wajkws Accountants Limited Aireside House Aireside Business Centre Royd Ings Avenu¢ Keigbley West Yorkshire BD214BZ
Communlt Lfions Foundation Contents of the Flnanclal Statements for the ear ended 30 June 2024 Page Reference 2nd AdmÉnistrative Detvdils Report of the Trustees 2 to 10 Independent Examinerls Report li Statement of Financial Activities 12 Balance Sheet 13 Notes to the Ffinanclal Ststements 14 to 18
Communi Lions Foundation Reference and Administrative Details for the ear ended 30 June 2024 TRUSTEES M D Hurley P Rodgers PEShaw COMPANY SECRETARY M D Hurley REGISTERED OFFICE Keigmey Town Council Keigmey Civic Centre North Street Keighley West YorL8hire BD213RZ REGISTERED COMPANY NUMBER 0621 $426 (England and Wales) REGISTERED CHAIUTY NUMBER 1121701 INDEPENDENT EXAMtNER Walkers Accountants Limited Aireside House Aireside Business Centre Royd Ings Av¢nue Keighley West Yorkshire BD214BZ BANKERS Barclays Bank PLC 77 North Street Keighley BD213RZ Page I
Conmiuni Lions Foundation Re stered number: 06218426 Re for the ort of the Trustees ear ended 30 June 2024 The Trustees of the Community Lions Foundation {CLF), who also serve as directors under the Companies Act 2006, are ple&8ed to present this annual report alongside the financial statements for the year ended 30 June 2024. In preparing these documents, we have adhered to the Statement of Re¢on)mended Practice (SORP) for accounting and reporting by charities, in complkance with the Financial Reporting Standard (FRS 102) applicable in the UK and Republic of Ireland. This ensures transparency, accountability, and aliwnent best prdctices in charitable fmancial reporting. This report provides a comprehensive overview of our mission, achievements, and the tt7nsfornMtive impact we have made in the lives of young people from disadvantaged backgrounds over the past year. We are proud to share our progress, which reflects the dedication of our te the resilience of the young people we serve, and the unwavering support of our funders, partners, and stakeholders. Their contributions have been instnunentsl in enabling us to deliver high-quality programs that address critical social issues and create lasting change in our communities. OBJECTIVES AND ACTIVITIES Objectives and actlvltles At the heart of the Community Lions Foundation lies a commitment to empowering young people through physical activity, education, and community engagement. Our work is guided by three core objectives. each designed to address the unique Challenges faced by young people from disadvantaged backgrounds and to provide tbem with the tools and OPPOTtunities they need to thrive. l. Educate: We aim to equip young people with the knowledge and skills necessary to make positive lifestyle choices. Through a combination of sports and educational workshops, we help participants understand the consequences of their decisions and the benefits of adopting healthier habits. Our programs focus on developing essential life skills such as t¢amworL resilience, Communicatio and hard worK which are critical for personal gro and success in adulthood. 2. Empower. We strive to inspire young people to become role models within their conmiunities by nurturlng their edu¢ational and career aspirations. By involving them in decision-making pro¢esses and providing opportunities for peer mentoring and volunteering, we give them a voice to express their individual needs and goals. This empowerment fosters a sense of ageY and confidence, enabling them to take control of their futures and contribute positively to society. 3. Comiect.. We r¢cognize the irnportance of building supportive networks to Combat feeltngs of isolation and loneliness among young people. Tbrougb our programs, we help participants expand their social connections and estsblish links with other community organisations. Thes¢ networks provide ongoing access to social, physical, and mental healtb supporL creating a safety net that ensures no young person is left behind. Page 2
Communi Llons Foundation stered number: 06218426 Re ort of the Trustees for the ear ended 30 June 2024 OBJECTIVES AND ACTIVITIES Aehlevements and key performance indicators This year, we have nthde significant strides in achieving our objectives, delivering measurable outcomes that reflect our Commitment to crealing lasting change. Our programs have reached thousands of young people, many of whom face significant barriers to success, and have provided them with the tools and opportunities they need to overcom¢ these challenges. l. Crfime Preventlon and Anti-social Behavior Reduetlon: One of our most notable achievetnents this year bas been the prevention of crime and anti-social bebavior among at-risk young people. Through targeted interventions and support, 950/0 of our participants avoided engagement in criminal activities, as evidenced by police records and self-reports. This suc¢¢ss is a testament to the effectiveness of our programs in addressing the root causes of such bebavior and providing young people with positive alternatives. - Additionally> we ensured that all participants were transferred to one or more of our program exit pathways, including education, employment, training, OT volunteering. These pathways are designed to support long-terni prevention and developmenL ensuring that young people have the resources and opportunities they need to build brighter fUtLes. 2. Health and Fltness Jmprovement5: - We have also made significant progress in improving the health and fithess levels of our participants, particularly those from marginalised groups who are at higher risk of obesity-related health conditions. This year, 950/0 of participants increased their physical activity levels, with measurdble improvements in key health indicators such as body nws index (BMI). blood pressure, and heart rate. To complement these physical improvements, we provided participants with nutrition and wel]ness education, equipping them with the knowledge and skills necessary to maintain a healthy lifestyle. This holistic approach ensures that the benefits of our programs extend beyond the duration of the sessions, fostering long-terni health and well-being. 3. Personal and Social Development: - Our programs have also had a profound impact on the personal and social development of our participants. This year, IOOO/o of participants developed key Skills such as literacy> numerdcy, communication, teamworK and problem-solving, which are essential for success in education and employmenL These outcomes were assessed using standardised tests and feedback fomis, providing robust evidence of the effectiveness of our approach. In addition to these tangible skills, we have also worked to improve participants, social skills and their ability to engage with a diverse range of p¢ople. By facilitating positive interactions wkth peers, mentors, coaches, and community leaders, we have helped young people build meaningful relationships and develop a sense of belonging within their communities. 4. Community Support and Care: - This year, we provided essential services, including mentoring, to 50 at-risk young people who otherwise would have faced isolation, neglect, or abuse. Our programs offer a safe and supportive environment where young p¢opl¢ can access the help they need to overcome their challenges and build brighter futures. We also connected participants to local clubs, charities, and organisations, fosterxng a sens¢ of belonging and empowernient. These connections provide ongoing support and opportunities for engagemenl ensuring that young people remain connected to their communities even after they have Completed our pmgrams. Projeet Highlights: Expanding Opporthnitie5 and Impact The Community Lions Foundation has delivered a divers¢ range of projects over the past year, each designed to engage young people in meaningful ways, address critical social i&8ues, and foster personal and community development. Below is a detsiled overview of these initiatives, showcasing their scope, impacL and the dedication of our t&qm and partners. Page 3
Communi Lions Foundation Stered number: 06218426 ort of the Trustees ear ended 30 June 2024 for the OBJECTIVES AND ACTIVITIES Inspiring Others: Sport and Edueallon Programme Funded by the National Lottery, this initiative has reached over 4,200 young people over four years, delivering a comprehensive progrdm of sports and educational activities designed to address the unique challenges faced by young people from disadvantaged backgrounds. Sports Activities: Through activities such as rugby, football, basketball, and Multisport, we promote teamworK leadership, and physical fitness. These activities not only improve physical health but also provide a platforni for young people to develop essential lif¢ skills and build confidence. - Educational Workshops: Our workshops cover a wide range of topics, including health, nutritio personal finance, and career guidance. These sessions equip young people with prdctical knowledge and life skills, empowering them to make infonned decisions and pursue their goals. Mentoring rdnd Volunteering: We provide participants with access to positive role models who inspire them to pursue their aspirations. Additionally, our social action projects encourage young people to contribute to their ommunities, fostering a sense of responsibility and civic engagement. Project l - Doorstep Sports This initiative provides accessible sports opportunities for young people from disadvantaged backgrounds, with a fo¢$ on cultural inclusivity and community cohesion. By delivering sessions at nearby schools, we create a fan]iliar and safe environm¢nt for participants, many of whom come from an ethnic minorities background and face significant barriers to participation. - Flexible Scheduling.. Our progrdm is designed to accommodate the cultural and religious needs of our participants, ensuring that everyone has the opportunity to take part. This approach has helped us build trust and rapport with local parents, who value the school setting as a secure space for their children. Diverse Aetivities: We offer a wide range of free activities, from trdditional sports to innovative games and challenges. Th¢se activities are designed to foster social skills and hamlony, promoting ¢oh¢sion and integration among participants from different racial and ¢tbni¢ backgrounds. Project 2 - GRving Back to the Community This annual collaboration with local schools and th¢ K¢igbley Council deliv¢rs Christmas dinners to vulnerable individuals, fost¢ring empathy and soclal responsibility among young volunteers. - Community Impact: The project targets those who are vulnerable, isolated, or in need of support during the festive season, including families, elderly individuals, and homeless people. By providing a warni meal and a sens¢ of community, we bring joy and kindness to those who may feel overlooked or neglected. - Volunteer Development: Young volunte¢rs play a key mle in the project, setting up tables, serving food, cleaning up, and engaging with local people. Through these activities. they develop valuable skills such as teamworL communication. and empathy. while also contributing to the well-being of others. Project 3 - Taster Sessions This initiative engaged 780 Year 7 and 8 students across multiple schools in a 7-week progran4 with over 130 students participating per school. The sessions served as an introduction to our worK allowing students to experience the benefits of strnctured physical activity and team-based learning. From these sessions, 40 students per school-particularly those identified as "challenging" or'at risk"_were selected to jotn an after-school program. The project fo¢sed on building positive relationships with students and their parents, ensuring that fan)ilies were engaged and supportive of their children's partictpation. Staff completed essential administrative tasks, conducted home vksits. and provided over 217 hours of dedicated input to ensure th¢ program's success. This foundational work laid the groundwork for deeper engagetnent aud long-terni impact. Page 4
Communi Lions Foundation Re stered number: 06218426 Re ort of the Trustees for the ear ended 30 June 2024 OBJECTIVES AND ACTIVITIES Project 4 - After-school Progranllne Following the taster sessions, 240 students (40 per school) participated in a 35-w¢ek after-school prog totalling 240 service user engagements. The program began with baseline filness assesstnents, allowing staff to tailor activities to individual needs and group students by ability for rugby skills coaching. Beyond physical activity, the program addressed behavioural issues and COVtD-related challenges, providing a supportive environment for students to rebuild social skills and confidence. Staff collaborated clos¢ly with parents and teachers to ensure holistkc wppor¢ while lunchtime Clubs covered essential topics such as healthy eating, ¢yder safety, and modern slavery. This comprehensive approach ensured that students not only improved their fitness but also gained valuable life skills. Projeet 5 - Luncbtlme Skipping Fitness Programme This innovative 24-week program engaged 30 students per session across six schools during lunch breaks. Using smart skipping ropes, sthdents tracked their progress and set individual fitness goals, fostering a sense of achievement and n]otivation. The program was higbly successful, improving participants, fitness levels, confidence, and social interd¢tion. By integrating technology and physical activity, we created a fun and engaging way for students to stay active during the school day, while also promoting healthy habits and teamwork. Project 6 - Sehools Competition Programme Organized in collaboration with Bradford Bulls, this program held six monthly tournaments for Year 7-10 students, engaging 540 participants. The Community Lions Foundation provided venues, ¢qutpment, referees, and transpo¢ ensuring that the tournaments ran smoothly and inclusively. The initiative promoted teamwork, sportsmanship, and community engagement, giving students the opporiunity to compete in a slrnctured and supportive enviromnent. These competitions not only developed rngby skills but also fosfrred a sense of pride and belonging among parti¢ipants. Project 7- Regional Compelltlons (Inspired By Iyines) In May-June 2024, we hosted two regional rugby tournaments, engaging 90 students from Year 7 and 8. The program aimed to foster interest in rugby among new players and develop their skills in a competitive yet inclusive setting. These tournaments provided a platforn] for students to showcase their talents, build confidence, and connect with peers from other schools. The success of th¢ initiative highlighted the growing popularity of rugby and its potential to bring communities together. Project 8 - Yorkshire Plate Tournament This middle-tier rugby competition involved 30 students from two schools (Laisterdyke and Carlton Bolling) across four tOurnants. Designed for schools that did not qualify for higher-level competitions, the Yorkshire Plate provided an inclusive platforni for students to participate and excel. The program emphasised teamworK resilience, and fair play, ensuring that all participants f¢lt valued and supported. By creating opportunities for students of varying skill levels, we reinforced the importance of inclusivity in sports. Project 9 - Champion Schools Progranune This high-profile initiative involved nwnthly rugby tournaments for Year 7, 8, 9 and 10 students, engaging 130 participants over six tournaments. The program Culmited in a historic achievement: St Bede's Year 7 team emerged as national champions, bringing pride to Bradford and showcasing the talent nurtured through our work. Page 5
Communi Lions Foundation R Istered number: 06218426 rt of the Trustees ear ended 30 June 2024 for the OBJECTIVES AND ACTIVITIES The Champion Schools Programme not only developed rugby skills but also promoted community engagement and talent development. It demollstrated the transforniative power of sports in unlocking potential and fostering a seLse of a¢hiev¢ment. Project 10 - Serious Organised Crlme Workshops (SOC) Year 7 students participated in weekly workshops over 42 weeks, covering critical topics such as cyber crime, modern slavery, and grooming. The initiative aimed to raise awareness of these issues and empower students to make infonned choices. Through interactive sessions and real-life case studies, students gained a deeper understanding of the risks and consequences associated with serious organised ¢rime. The progrdm equipped them with the knowledg¢ and confidence to protect themselves and others, contributing to safer and more resilient communities. Project 11- Vlsit to Leeds Rhinos Eighty students from six schools attended a professional rugby game, serving as mascots and gaining pitch access. This unique experience fostered social int¢wtion, cultural exchange, and exposure to elite sports. The event inspired students to pursue their passions and dream big, while also providing a memordble day OUL By connecting young people with professional athletes and teams, we reinforced the valu¢ of Imrd worL dedication, and teamwork. Project 12 - Primary School Early Intervention Work This project introduced physical activity to Year 5 and 6 students in primary schools, promoting healthy habits and improving fitness levels. By collaborating with school staff, we eSu[ed that the program seamlessly integrated into the school day. The initialive laid the foundation for lifelong physical activity, helping Sttents develop a positive relationship with exercise from an early age. It also addressed health inequalities and encourdged Inc191Vity, ensuring that all children had the opportLmity to participate. Project 13 - Next Level and Progression Rugby Leydgue This 35-week sports development pmgram partnered with local clubs to identify and nurtllre talented students, with potential pathways to profe&sional clubs. The initiative increased participatiofy particularly among girls and students of ethnic tninority backwunds, who are often underrepresented in sports. By providing access to high-quality coaching and opportunities for progressioo we empowered students to pursue their athletic ambitions. The pmgram also promoted gender equality and diversity in sports, challenging stereotypes and breaking down barriers. Projeet 14 - Peer Mentoring Although limit¢d due to sthffmg issues, this program encouraged Year 10 students to assist in schools. fostering leadership and mentorship skills. Peer mentors played a vital role in supporting younger students, creating a culture of ¢ollabordtion and mutual support. The initiative highlighted the potential of young people to inspire and guide their peers, reinforcing the importance of positive role models in education and community developmenL Page 6
Communi Lions Foundatlon Re stered number: 06218426 rt of the Trustees ear ended 30 June 2024 for the OBJECTIVES AND ACTIvfTIES Collective Impact These projects collectively engaged thousands of students in physical activity, addressed behavioural and social issues, and promoted inclusivity and community involvement. By combining sports, education, and mentorship, we have created a holistic approach to youth development that empowers young people to overcome ¢hallenges, build brighter futures, and contribut¢ positively to their communities. Our work would not be possible without the dedication of our staff, the support of our partners, and the resilience of the young people we serve. Together, we are making a lasting difference, one life at a time. Key Performance Indic¥dtors Our achievements this year are reflected in a number of key perfornwice indicators, which demonstrate the breadth and depth of our impact: School PtnershIpS. We have established strategic partnerships with six schools in higb-crime areas, providing essential support and resources to the most vulnerable groups within these communities. - Youth Engagement: Between September and October 2024, we directly engaged 750 young people through physical activity programs and health initiatives. This includes an 42 week progrdm with six secondary schools, wbich benefited 360 young people, and a one-off health and well-being pmject involving 170 primary school pupils. - Serious Organised Crime (SOC) Awareness: Our SOC projects have significantly improved understanding among participating youth, with 149 out of156 high-need participants demonstrating enhanced knowledge of SOC and personal safety by the end of the progrdm. After-sehool Programs: Our Inspiring Others initiative facilitsted the transition of 240 young people into our 42-week after-school progrw with 167 participants continuing their journey in the extended provision. - Sports Development: 56 participants have joined local amateur rugby clubs, fostering community sports involvement, while two exceptional individuals have progressed to play for semi-professional rugby league clubs. - Leadership Development.. 69 young people have accessed our Leadership and Mentor Progra which equips them to lead workshop delivery and contribute to after-school sports activities. Soelal Return on investments Our work has delivered tsngible benefits for young people and the wider community, including: - Enhanced physical, mental, and emotional well-being. - tncreased aspirations and community involvement. - tmproved life choices and access to ¢ducation and employment opportimities. - Reduced engagement in dnlg abuse, alcohol misuse, and criminal activity. FANCiAL REvw Financial review During the year the charity made a deficit of £1,198 (2023: surylus £21,017). Reserves at the end of the year were £79,162 (2023. £80,360) of which £43,825 (2023. £43,524) are fr¢¢ly available. Page 7
Conununi Lions Foundation Re istered Dumber: 06218426 rt of the Trustees for the ear ended 30 June 2024 FINAINCIAL REVIEW Reserves policy Introduction Tbis policy outlines the principles and guidelines for maintaining adequate fmancial reserves to ensure the long-tenn sustainability and operational continuity of Community Lions Foundation. This policy is estsblished in accordance with guidance issued by the Charity Commission for England and Wales. Purpose of Reserves The purpose of holding reserves is to: - Provide a financial buffer against ullforeseen flu¢tuations in funding streants. - Ensure the continuity of tb¢ charitys core activities in the event of unexpected financial challenges. - Enable the charity to respond to new opportunities or adapt to ¢hanging circumstances. - Maintain stakeholder confidence in the charltgs flllancial stsbility and responsible management. Target Reserve Level The tSteeS have detemiined that a target reserve level equivalent to approximately six months of the charitys averdge op¢rational expenditure is appropriat¢. This level is cuffently £43,825. Rationale for Target Reserve Level The target reserve level is based on a comprehensive risk assessment that considers.. - The charitys reliance on specific funding sources and the potential for funding withdrawals. - The charitys operational costs and conllnitments. - The need to maintain service delivery to beneficiaries. - The average monthly expenditure of the charity which is £8.052. Th¢ desire to have a financial buffer that allows adequate time to source alternative funding or change op¢rational procedure. Permitted Use of Reserves Reserves nwy be used to.. - Cover short-terni ¢ash flow deficits caused by delays in funding. - Fund unexpected expenditures or emergencies that threaten the charity's operdtions. - Support the continuation of Core activities during periods of funding shortfalls. - Fund plallned and unexpected one-off expenditwe that is in line with the charities charitable objects. Review and Monitoring - The trustees will review the reserve policy annually or more frequently if SIlficant clwiges occur in the charitys fimding or operational environment. - The adequacy of th¢ reserve level will be monitor¢d regularly, and adjustments will be mad¢ as necessary. - The reserves will be reviewed if there are any major changes to th¢ Charities income or expenditure. Reporting - The level of reserves and any significant changes will be reported in the trnstees, annual report and accounts. - The reserves policy will be made available to stakeholders upon request. Governanee - Decisions regarding the use of reserves will be made by the tntees. - All reserve transactions will b¢ properly recorded and documented. Page 8
Communi Lions Foundation ort of the Trustees for the ear ended 30 June 2024 FINANCIAL REVIEW Implementation This policy will be implemented with imm¢diate effect and will be regularly reviewed to ensure its continued effectiveness. Key Considerations for Your Charlty Specific Funding Risks: Tailor the risk assessment section to reflect the specific fimding challenges your clwity faces. - Operational Costs: Ensure the reserve level accurdtely reflects your charity's operational costs. - Regular Review: Emphasize the importance of regular reviews to nwintsin the policgs relevance. - Documentation: Ensure all reserve-related decisions and transactions are properly documented.. Trustee Report: Analysis of Unrestrlcted Reserve5 Tnjstees are keen to see the reserves remain around this level to provide a fall bacK should the funding relied upon for the continuation of its activities be withdrawn. The unrestricted reserves stand at £43,825 - This would roughly be 6 months of expenditure. In Conclusion We are confident that our ¢urr¢nt reserves provide a robust financial foundation for Community Lions Foundation We are conllnitted to responsible fllwicial managernent and will continue to work diligently to ensure the long-terni health of our charity. FirruRE PLANS With the support of a five-year National Lottery grant, we will continue delivering our Inspiring Others prog expand]ng our reach to prinwy and secondary schools. We are conullitted to: - Strengthening organisational resilience post-covid. . Enhancing program quality through small.scale funding opportunities. - Supporting neuro-diverse l¢arners and developing innovative educational resources. Launching in April 2025, this hub will identify and support gifted students through personalised learning plans, mentorship, and local opportunities. The initiative aims to celebrate and nurture unique abilities, ensuring that every student has the chance to reach their potential. By providing tsilored support and resources, we will empower gifted students to excel academically, socially, and personally. The hub will also foster a sense of pride and achievement, inspiring others to strive for excellence. STRUCTURE, GOVERNANCE AIYD MANAGEMENT Governing document The charity is governed by its mernordndum and articles of associatioN with tnteeS recruited from business, public service, and the third sector to drive our mission forward. Recruitment and appofintment of new trustees New trustees are selected and appointed from the local and regional area, they are selected from areas of business, public service or tbird sector organisation into roles that fit th¢ pillars of tbe tswt and therefore play a part in the driving forward of activities. This report reflects our dedication to transforniing lives and building stronger communities. Together, we are creating a brighter future for young people. Approved by order of the board of tTUStees on .... . and signed on its behalf by: Page 9
Communlt Lions Foundation Re 'stered number: 06218426 Re for the rt of the Trustees ear ended 30 June 2024 P E Shaw- Trustee Pag¢ 10
Inde endent Examiner's Re ort to the Trustees of Communit Lions Foundation Independent examlner's report to the trustees of Community Llous Foundation ('the Company,) I report to the charity trustees on my exarnination of the accounts of the Compony for the year ended 30 June 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirenjents of the Compat)ies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent exarnination, I report in respect of my examination of your charitys accounts as carried out under Section 145 of the Chariti¢s Act 2011 ('the 2011 Act,). In carying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act. Independent examiner's statement I have completed my examination. l confm that no rnatters have come to my attention in connection the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accowits give a tn and fair view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of the Ststement of Recommended Practice for accounting and reporting by Charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Sthndard applicable tn the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should b¢ drawn in this report in order to enable a proper understanding of the accounts to b¢ r¢ached. Andrew Day Walkers Accountants Limited Aireside House Aireside Business Centre Royd Ings Avenue Keighley West Yorkshire BD214BZ Date: Pagell
Communit Lions Foundation Statement of Financial Activities for the ear ended 30 June 2024 30.6.24 Total funds 30.6.23 Total fLmds Unrestricted funds Restricted fimd Notes INCOME AND ENDOWMENTS FROM Donations and legacies 301 301 500 Charitable aetivities Charitable activities 95,120 95,120 105,008 Total 301 95,120 95.421 105,508 EXPENDITURE ON Charitable activities Support Clwitable activities 335 84,156 96,619 96,619 Total 96,619 96,619 84,491 NET INCOMEI(EXPENDITURE) 301 (1,499) (1,198) 21,017 RECONCILIATION OF FUNDS Total funds brought fonvard 43,524 36,836 80,360 59,343 TOTAL FUNDS CARRIED FORWARD 43,825 35,337 79,162 80,360 The notes fornl part of these fuwicial stst¢m¢nts Page 12
Communit Lions Foundation istered number: 06218426 Balance Sheet 30 June 2024 30.6.24 Total funds 30.6.23 Total funds Unrestricted funds Restricted fund Notes FIXED ASSETS Tangible assets 833 833 510 CURRENT ASSETS Cash at bank 43,825 47,229 91,054 83,752 CREDITORS Amounts falling due within on¢ year (12,725) (12,725) (3,902) NET CURRENT ASSETS 43,825 34,504 78,329 79,850 TOTAL ASSETS LESS CURREIYT LIABILITIES 43,825 35,337 79,162 80,360 NET ASSETS 43,825 35,337 79,162 80,360 FUNDS Unr¢stri¢ted funds Restricted fimds 43,825 35,337 43,524 36,836 TOTAL FUNDS 79,162 80,360 The charitsble company is ¢ntitled to exemption from audit under Section 477 of the Cotnpanies Act 2006 for the year ended 30 June 2024. The members have not required the company to obtsin an audit of its financial statements for the year ended 30 June 2024 in accordance v/ith Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at th¢ end of each financial year and of its sury)lus or deficit for each fmancial year in accordance with th¢ requirements of Sections 394 and 395 and which otherwise comply with the requir¢ments of the Companies Act 2006 relating to fmancial statements, so far as applicable to the clwitable company. (b) These fllwicial ststem¢nts have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial stst ents were approved by the Board of Trustees aud authorised for issue .y.J ..tl&rf.&...loA ............ and were signed on its behalf by.. on Shaw- Trustee The notes forni part of th¢s¢ financial statements Page 13
Communi Lions Foundation Notes to the Financial Statements for the ear ended 30 June 2024 ACCOUNTING POLICIES Basls of preparing the finaneial statements The fmancial slatements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance witb the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with tbe Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Sthndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Jncome All inconLe is recognised in the Sthtement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised &8 expenditure as soon as there is a legal or Constructive obligation committing the charity to that expenditure, 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 accounted for on an a¢¢nlS basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to Particular headings they have been allocated to activities on a basis consistent with the use of resources. Charitable activities tncludes expenditure associated with the costs incurr¢d by the charity in the delivery of its activiti¢s and services. It includes both costs that call be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs Includ¢ those activities incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Tanglble fixed assets Depreciation is provided at tbe follong annual rates in order to write off each et over its estimated useful life. All tangible fixed assets are at cost less accumulated depreciation. Cost includes expenditure tbat is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Assets held under flnance le are depreciated in the same manner as owned assets. Renewals, repairs and matntenance are charged to profit and loss during the period in which they are incurred. Depreciation is charged so as to allocate the cost of assets less their residual value over th¢ir ¢stin]ated useful lives, using a mixture of methods. The depreciation b&ses are as detailed above. The assets, residual values, usefvl lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant chang¢ since the last reporting date. Gains and losses on disposal are detern]ld by comparing the proceeds with the carrying amount and are credited or charged to the incorne statement. Page 14 continued...
Conllnuni Lions Foundation Notes to the Finaneial Statements - continued for the ear ended 30 June 2024 ACCOUNTING POLICIES - eontinued Tangible fixed assets Impairment of fixed assets At each balance sheet date, the Company reviews the cwing amounts of its property, plant and equipment to deterniine whether there is any indication that any items of property, plant and equipment have suffered an impairnient loss. If any such indications exists, the recoverable amount of an a&set is estimated in order to deterniine the extent of the impairnient loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. If the recoverable amount of an asset is estimated to be less that its Carrying amount, the carrying amount of tbe asset is reduced to its r¢coverable amount. Inwairni¢nt loss is recognised as an expense inmi¢diately. Where an impairnlent loss subsequently reserves, the carrying amount of the asset is increased to tbe revised estimate of its recoverable amount that would have been deternlined (net of depreciation) had no impairnient loss been recognised for the asset in the prior years. A reversal of an impairn]ent loss is r¢¢ognised as income irnmediately. Taxation The charity is exempt from corporation tsx on its charitsble activities. Fund accounllng Unrestricted fillmls can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted fimds can only be used for particular restri¢t¢d purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted pU05C$. Donated assets Donated assets are included in incoming recourses when the benefit is reasonably quantifiable and n]easurdble.These assets are valued by the trustees at their current value. Pension costs and other post retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the clwitable companys pension scheme are charged to the Statement of Financial Activities in the period to which they relate. NET INCOMEIffjXPENDITURE) Net incomel(expenditure) is stated after chargingl(¢rediting): 30.6.24 30.6.23 Depreciation - owned assets 240 127 Page 15 continued...
Communi Lions Foundation Notes to the Financial Statements- continued for the eY4r ended 30 June 2024 TRUSTEES, REMUNERATIOIW4 AND BENEFITS There were no tnistees, remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. Trustees, expenses There were no tnlee8, expenses paid for th¢ y¢ar ended 30 June 2024 nor for th¢ year ¢nded 30 June 2023. STAFF COSTS The average monthly nunther of enlOyeeS during th¢ y¢ar was as follows: 30.6.24 30.6.23 Servi¢¢ providers (Employed) Service pmviders (Self EnLOYed) No employees received ernoluments in excess of £60,000. TANGIBLE FIXED ASSETS FIXtLeS fittings COST At l July 2023 Additions 637 563 At 30 June 2024 1,200 DEPRECIATION At l July 2023 Charge for year 127 240 At 30 June 2024 367 NET BOOK VALUE At 30 June 2024 833 At 30 June 2023 510 Page 16 continued...
Cojnmuni Lions Foundation Iyotes to the Financial Statemenls- Continued for the ear ended 30 June 2024 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 30.6.24 30.6.23 Social security and other taxes Accrnals and deferred income 838 11,887 901 3,001 12,725 3.902 MOVEMENT IN FUNDS Net movement in funds At 30.6.24 At 1.7.23 Unrestrieted funds Charitable fimd 43,524 301 43,825 Restrlcted funds Restricted fund 36,836 (1,499) 35.337 TOTAL FUNDS 80,360 (1,198) 79,162 Net movement in fids, included in the above are as follows: Incoming resouw¢s Resources expended Movement in fimds Unrestricted funds Charitable fimd 301 301 Restricted funds Restricted fund 95,120 (96,619) (1,499) TOTAL FUNDS 95,421 (96,619) (1,198) Comparatives for movement in funds Net movement Trdnsfers between funds At 30.6.23 At 1.7.22 Unrestricted funds Charitable fund 43,054 165 305 43,524 Restrieted funds Restricted fund 16.289 20,852 (305) 36,836 TOTAL FUNDS 59,343 21,017 80,360 Page 17 continued...
Communi Llons Foundation Notes to the Financial Statements - continued for the ear ended 30 June 2024 MOVEMEIYT LY FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds Charitable fund 500 (335) 165 Restricted funds Restricted fimd 105,008 (84,156) 20,852 TOTAL FUNDS 105,508 (84,491) 21,017 Iyame of Fund Description, nature and purpose of the fund General The 'free reserves, available to undertake the charitabE¢ objectives of th¢ cllarity. Restricted Restricted fimds can only used for specific pury)os¢s witbin the objectiv¢ of the charity. Restrictions arise when specified by the donor restricted fLmds during the year were Grants from The National Lottery which were used to deliver programmes to provide positiv¢ tiVItIeS to young peopl¢, improving th¢ir confidence and lifestyles through sport. EMPLOYEE BENEFrr OBLIGATtOl¥4S The clwity operdtes a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Th¢ total contributions to the compart$ scheme was £1,418 (2023: £1,264). There were no contributions outstanding at the balance sheet date. RELATED PARTY DISCLOSURES There were no related paty transactions for tbe year ended 30 June 2024. Pag¢ 18