THE A W LYMN CENTENARY FOUNDATION ANNUAL REPORT YEAR ENDED 5 NOVEMBER 2021 Registered Charity Number. 1124161 UNAUDITED THE A W LYMN CENTENARY FOUNDATION CONTENTS YEAR ENDED 5 NOVEMBER 2021 CONTENTS Page No. PARTICULARS OF THE TRUST REPORT OF THE TRUSTEES INDEPENDENT EXAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET NOTES TO THE FINANCIAL STATEMENTS THE A W LYMN CENTENARY FOUNDATION PARTICULARS OF THE TRUST YEAR ENDED 5 NOVEMBER 2021 TRUSTEES Nigel Lymn Rose Jackie Lymn Rose Jonalhan Baker Anna Burrows John Hayes SEThLOR A.W.Lymn The Family Funeral Service Limited DATE OF DEED 30 October 2007 PRINCIPAL ADDRESS Robin Hood House Robin Hood Street Nottingham NG3 1GF AcCOUNTA￿s Cooper Parry Group Limited Sky View Argosy Road East Midlands Airport Castle Donington DE74 2SA INDEPENDENT EXAMINER Miss Alison Fovargue FCA of Cooper Parry Group Limited THE A W LYMN CENTENARY FOUNDATION REPORT OF THE TRUSTEES YEAR ENDED 5 NOVEMBER 2021 Financial Ststements The trustees present iheir annual report and linancial statements for the year ended 5 November 2021. Structurg Governance and Management The Charity was created by a Trust DoÈd datèd 30 October 2007 which directs that the trust funds should be used for such charitable purposes as th8 Irusl89s, in their absolute discretion, considel lit. The Trustees shall hold the capital and incomè of the Trust Fund upon trust to apply the income, and all or such part or parts ol thè capital, at such tim8 or limes and in such Tnanner to, or lor the benefit DI such exclusively Gharilable objects and purpos&s in any part ol the world as the Trustees may in their discretion think lil. New trusteés are appointéd by a resolution of a meeting of the Trustees bul only wilh the consent ol the Board of Directors ol th& Settlor Company whilst the Settlor remains in existenc6. Objectives and Activities The sole objective and artivily is the giving ol grants. The Iruslees arg awar8 that they must carry on the chartty's activities for the public benefit and that they must pay due regard lo the guidance on public benefit issued by the Charity Commission. They consider that the charity's aims and activities are lor the public benefit since it 18 a grant tnaking trust which giv&s only to either registered charilies or needy individuals. Achievements and Performance The income ol the trusl during the year was £36.501 12020 - £35,257). During the year, grants of £12,369 12020 ~ £27,985) were made to inslilulions and grants of £959 12020 - £Nill were made lo individLtals. We list below the grants made of £1,000 and above. The remaining grants Df £10,239 wère made lo a further 39 institutions and 2 individuals. BPS Edwallon Fratnework Housing Association 21,089 £2.000 Financial Review The trust deed gives the trustees the power lo make investments as they consider lit and al their absolut6 discretion. Reserves The Trustees reserves policy is to allow all reserves to be available lor distribution as grants to worthwhile causes at any time. As al 5 Novernber 2021, unrestricted ILtnds lotalled £290,563 {2020'. £247,005). None ol the trustees received any reTnuneralion lor their services or ieimbursemenl of expenses. THE A W LYMN CENTENARY FOUNDATION REPORT OF THE TRUSTEES YEAR ENDED 5 NOVEMBER 2021 Trust88s' rgsponslbilities statement The Iruslees ar& responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicabl8 law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounling Praclicel- The law applicable lo charities in England & Wal&s requires the trustees lo prepare financial statements for each financial yoar which give a true and fair view ol the stale of allairs of the charity and of the incoming resources and application of resources ol the charity lor that period. In preparing these financial stalemenls, the trusteès are required to.. sèlect suitable acLYJunting policies and then apply them consistently- observe the methods and principles in the Charities SORP 2019 IFRS 1021., make judgements and eslimales that are reasonable and prudent., slate whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial slatemenls,. Prepare the financial statements on thè going eoncern basis unleas it is inappropriate lo presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position ol the charity and enable them to ensure that thè financial stalèmenls comply with the Charities Ael 2011, the Charities IAccounts and Reports) Regulations 2008 and the provisions ol the trust deed. They are also rèsponsible lor saleguarding the assets ol the eharily and hence lor takin9 reasonable steps lor the prevèntion ar5d detection ol fraud and other irregularities. The trustees are responsible tDr the mainténance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing Ihg preparation and dissemination ol linancial slal8menls may differ from legislation in other jurisdictions. On behall of the Trustees Nrgel Lymn Rose Dat8.' 22 July 2022 THE A W LYMN CENTENARY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 5 NOVEMBER 2021 Independent Examinerfs Report to the Trustees of The A W Lymn Centenary Foundation Charitable Trust I report lo the charity trustees on my examination ol the accounts of the charity for the year ended 5 November 2021 which are set out on pages 5 to 8. Responsibilities and basis of report As the charity's Iruslees you are r8sponsible for the preparalion ol the accounts in accordance wilh the ¥equiremeTrls o* the Charities Act 20111'th8 Acl'l. I report in resp8¢t o* my 8xaminalion ol Ile charity's accounts carried out under section 145 01 the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145151{b) ol th@ Act. Independent examiner's statement I have completed my examination. I confirtn that no material mallers hav& como lo my allsnlion in connection with the examinalion giving me cause to believe that in any material respect.. accounting records were not kept in rgspect DI the charity as required by section 130 01 the Act,. or the accounts do not accord with those records., or the accounts do not comply with the applicable réquirements concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any rÉquirement that the accounts give a 'true and fair view, which is not a matter considerod as part of &n independent examination. I have no concerns and have come across no other mall8rs in connection with the exBminalion to which atiention should be drawn in thls report in order lo enable a proper understanding ol the accounts to be reached. Allson Fovargue Chartered Accountant Cooper Parry Group Limited Sky View Argosy Road East Midlands Airport Castle Doningto Derby DE74 2SA Dalo.. 22 July 2022 THE A W LYMN CENTENARY FOUNDATION STATEMENT OF FINANCIAL ACTlVtTIES YEAR ENDED 5 NOVEMBER 2021 Unrestrl¢ted Funds 2021 Unrestricted Funds 2020 Note Income from.. cO￿trIbUtIOnS from selllor Donations Interest receivable 36,300 188 13 35,100 157 Total 36,501 35,257 Expenditure on: Raising funds Charitable activities SLFPPOrt costs (3541 (13,328) 13031 127,9851 1761 Total (13,682) 128.364} Net gains I Ilossesl on investments 20,739 (2,1631 Net income 43,558 4,730 Total funds brought lorward 247 005 242,275 Total funds carried forward 290,563 247,005 THE A W LYMN CENTENARY FOUNDATION BALANCE SHEET AS AT 5 NOVEMBER 2021 2021 2020 Note CURRENT ASSETS Investments D8btors Cash at bank 124,363 103.831 166 235 290,600 143,204 247,036 LIABILITIES Creditors= Amounts falling due within one yèar (37) 1311 NET CURRENT ASSETS 290.563 247,005 NET ASSETS 290.563 247,005 FUNDS A W Lymn Centenary Foundation Fund (Unrestricted) 290,563 247,005 Dated.. 22 July 2022 Approved by the Trustees on Nigel Lymn Rose Jackie Lymn Rose Jonathan Baker Anna Burrows. John Hayes THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 NOVEMBER 2021 ACCOUNTING POLICIES BASIS CF PREPARATION OF FINANCIAL STATEMENTS The financial slalemenls have been prepared in accordance with the Slalernent ot Recommended Practicé ISORPI 'Accounling and Reporting by Charities. applicable to Gharilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 10212019 (published October 20191, the Charities Act 2011 and applicable regulations. The financial slalemenls have been prepared under the historical cost convention with items recognised as cost or transaction value unless otheNise slated in the relevant nolelsl to th accounts. The trustees assess whether the use of going concern is appropTiale i.e. whethér there are any material uncertainties related to events or conditions that may Cast significant dDubt on the ability ol the foundation to continue as a going concern. The trustees make this assessment each year in respect of a périod of one year from the date ol approval ol thè financial slalements. bl FUNDS The unreslricl8d A W Lymn Centenary Foundation Fund may be used for sueh charitable purposes as the trustees in their absolute discretion consider lit. INCOME AND EXPENDITURE Income and gxpenditure is accounted lor on the accruals basis. dl SUPPORT COSTS Support costs represent eXpendit￿re in relation to the administration ol the Charity. INVESTMENTS Investm8nts are initially recognised at their transaction value and are subsequently measured at thsir markat value at eaGh balance sheet dale. Market value is the quoted bid pr(ce at the rèporting date. Gains and losses are recognised in the statement ol financial activities for the per%od. DEBTORS Short term debtors are measured at transaction price, less any impaiment. CREDITORS gl Short term creditors are measured at transaction price. THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 NOVEMBER 2021 2. CURRENT ASs￿r INVESTMENTS 2021 2020 Equities 124,363 103,831 2021 2020 Opening market value Purchases Sales Gains I Ilosses) on remeasurement to market value Closing market value 103,831 106,609 (207) 20.739 124.363 16151 12,1631 103,831 3. DEBTORS 2021 2020 Other d8blors 4. CREDITORS 2021 2020 Accruals 37 31 S. RELATED PARTIES During the year the loundalion récoivad donations of £36.3CLI12020-. £35,100) from A.W.Lymn The Family Fun8ral Service Limrted, of which cèrtain trustees are directors.