THE A W LYMN CENTENARY FOUNDATION ANNUAL REPORT YEAR ENDED 5 NOVEMBER 2022 Registered Charity Number: 1124161 UNAUDITED THE A W LYMN CENTENARY FOUNDATION CONTENTS YEAR ENDED 5 NOVEMBER 2022 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 2022 TRUSTEES Nigel LymTr Rose (resigned g December 2022) Jackie Lymn Rose (resigned 9 December 20221 Jonathan Baker Anna Burrows {resigned 9 December 20221 John Hayes (resigned 9 December 20221 Chloe Lymn Rose {appointed 9 December 20221 Joanna Bossart (appointed 9 December 2022) lan Moorman {appointed 9 December 2022} Mark Chapman (appointed 9 December 20221 SETTLOR A.W.Lymn The Family Funeral servi￿ Limited DATE OF DEED 30 October 2007 PRINCIPAL ADDRESS Robin Hood House Robin Hood Street Nottingham NG3 1GF ACCOUNTANTS Cooper Parry Group Limrted Sky View Argosy Road East Midlands Airport Castle Doninglon 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 2022 Financlal Ststements The trustees present their annual report and financial stslemenls for the year ended 5 November 2022. Structure Govgrnance and Management The Charty was created by a Trust Deed dated 30 October 2007 which directs that the trust funds should be used for such charitable purposes as the Iruslees, in their absolute discretion, consider fit. The Trustees shall hold the capitsl and income of the Trust Fund upon trust lo apply the income, and all or such part or parts of the capital, at such lime or limes and In such manner lo, or for the benefit of such exclusively charitable objects and purposes in any part of the world as the Trustees may in their discretion think fil. New Iruslees are appointed by a resolution of a meeting of the Trustees but only wth the consent of the Board of Directors of the Settlor Company whilst the Settlor remains in existence. Objectrves and A¢tivltles The sole objective and activity is the gwing of grants. The trustees are aware that they must ¢arry on the ch8rity's 8¢tivrf(ies for the public benefit and that they musl pay due regard lo the guidance on public benefit issued by the Charity Commission. They consider that the charity's aims and activities are for the public benefit since Il is a grant making trust which gives only to either registered charities or needy individuals. A¢hlevements and Perfomiance The income of the trust during the year was £32,228 {2021 £36,501). During the year, grants of £34,05012021 £12,369) were made lo institutions and grants of £5012021 £9591 were made lo individuals. We list below the grants made of £1,000 and above. The remaining grants of £18,278 were made to a further 57 institutions and 1 individual. Aconite Films BPS EdWa￿On Grantham Canal Society Happy Days Sl Cyprians PCC Treetops Hospice Ukrainian Catholic Church Aconite Films £1,000 £6.933 £1,000 £1,008 £1,OCIO £1,881 £2,000 £1,000 Financlal Review The trust deed gives the trustees the power to make investments as they consider fit and 81 their absolute discretion. Reservgs The Trustees reserves policy is lo allow all reserves to be available for distribution as grants lo worthwhile causes al any lime. As 015 Novembor 2022, unrestricted funds lolalled £273,17212021.. £290,563). None of the trustees received any remuneration for their services or reimbursement of expenses. THE A W LYMN CENTENARY FOUNDATION REPORT OF THE TRUSTEES YEAR ENDED S NOVEMBER 2022 Trustees. responslbilit5e$ statement Th6 trustees are responsible for preparing the Trustees, Annual Report and the financial slalemenls in accordance with applicable law ancl United Kingdom Accounting Standards (United Kingdom Generally AC￿pIe￿ Accounting Practice). The law applicable to charities in England & Wsles requires the trustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the ineoming resour￿$ and application of resour￿5 of the charity for that period. In preparing these financial slalements, the trustees are required to". select suitsble accounting PDlicies and then apply them consistgnlly., observe the methods and principles in the Charities SORP 2019 IFRS 1021., make judgements and eslimales that are reasonable and prudent., slate whether applicable accounts'ng standards have been followed, subject lo any material departures discloseij and explained in the financial statements", prepare the financial statements on the going concem basis unless il is inappropriate lo presume that the charity wll continue in operation. The Iruslees are responsible for keeping proper accounting records th81 disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charits'es IAc¢ounts and Reports} Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of finanaal statements may differ from legislation in otherjurisdictions. On behalf of the T¥ustees Chloe Lymn Rose D81e'. THE A W LYMN CENTENARY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED S NOVEMBER 2022 Independent Examlnerfs Report to the Trustees of Thg A W Lymn Centsnary Foundallon Charltabh Trust I rewt to the charity Iruslees on my examination of the accounts of the tharity for the year ended 5 November 2022 whlch are set out on pages 5 10 8. Respon$ibilltlM and ba81s of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charilies Act 2011 I'the Adl. I report in respect of my examination of the charity's accounts carried out under sectlon 145 of the Act and in carrying out my examination I hav¢ followed all the applicable Directs'ons given by the Charity Commission under section 14515llbl of the Act. Independent •xamlnefs 8tatemènt I have completed my examination I confim that no material matters have come to my attention In conneth.on with the examin*ion giving me cause lo believe that in any m8lerial respect". accounting records were not kept in respect of the charity 88 required by section 130 01 the Act.. or the a¢¢ounls do not accord vAth those records," or the accounts do not comply wth tho applicable requirements conceming the form and conlenl of accounts sel ¢)ul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the ac¢ounls give a 'lrue and fair vie* ￿1¢h 1$ not a matter ￿nSidered as part of an iNtspendenl examInal￿n. I have no concems and have come across no other mallers in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts lo ￿ reached. Allson Fovargu• FCA Chartered Accountant Cooper Parry Group Limited Sky View Argosy Road East Midlands Alrport Castle Doninglon Derby DE74 2SA Date.. 1 Septetnb8r 2023 THE A W LYMN CENTENARY FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5 NOVEMBER 2022 Unrestrlcted Funds 2022 Unrestricted Funds 2021 Nots Income from: Contributions from settlor Donations Interest receivable 32.200 36,300 1e8 13 28 Total 32.228 36.501 Expgnditure on.. Raising funds Charitable acb'vities IS621 {34,1001 1354} (13,328) Total 134,6621 113,682) Net (losses} I gains on investments {14,967) 20,739 Net income 117,3911 43,558 Total ftjnds brought forward 290,563 247,005 Totsl funds carried for•iard 273.172 290.563 THE A W LYMN CENTENARY FOUNDATION BALANCE SHEET AS AT 5 NOVEMBER 2022 2022 2021 Note CURRENT ASSETS Investments Debtors Cash al bank 228.680 10 44,550 273.240 124,363 166,235 290,600 LIABILITIES Creditors.. Amounts falling due within one year NET CURRENT ASSETS 1681 137} 273 172 290 563 NET ASSETS 273 172 290.563 FUNDS A W Lymn Centenary Foundation Fund Iunrestricted) 273 172 290 563 Approved by the Trustees on Chloe Lymn Rose Jonathan Baker Joanna Bos$art lan Moorman Mark Chapman THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED S NOVEMBER 2022 ACCOUNTING POLICIES BASIS OF PREPAFIATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordance the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities. applicable lo charities 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 Chsrrties Act 2011 and applicable regulations. The financial statements have been prepared under the hislori¢al cost convention with items recognised as cost or transaction value unless olhewise staled in the relevant nole{sl lo the accounts. The Iruslees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related lo events or conditions that may cast significant doubl on the ability of the foundation to ¢onlinue as a going concern. The trustees make this assessment each year in respect of a period of one year from the dale of approval of the financial statements. FUNDS bl The unreslricled A W Lymn Centenary Foundation Fund may be used for such charitable purposes as the trustees in their absolute discretion consider fit. INCOME AND EXPENDITURE Income and expenditure is accounted for on the accruals basis. SUPPORT COSTS dl Support costs represent expenditure in relation to the adminislralion of the Charity. INVESTMENTS Investments are initially recognised al their transaction value and are subsequently measured al their market value al each balance sheet date. Market value is the quoted bid price al the reporting dale. Gains and losses are recognised in the statement of financial activities for the period DEBTORS Short term debtors are measured at transaction price, less any impairment. CREDITORS gl Short term creditors are measured al transaction price. THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 NOVEMBER 2022 2. CURRENT ASSET INVESTMENTS 2022 2021 Equlties 228,680 124,363 2022 2021 Opening market value Purchases Sales Gains I Ilossesl on remeasurement to market value Closing market value 124,363 119.646 13721 114,957) 228.680 103,831 {2071 20,739 124,363 3. DEBTORS 2022 2027 Other debtors 10 4. CREDITORS 2022 2021 Accruals 68 37 5. RELATED PARTIES During the year the foundation received donations of £32,20012021'. £36,300) from A.W.Lymn The Family Funer81 Service Limited, of which certain Iruslees are directors.