THE A W LYMN CENTENARY FOUNDATION ANNUAL REPORT YEAR ENDED 5 NOVEMBER 2024 Registered Charity Number: 1124161 UNAUDITED THE A W LYMN CENTENARY FOUNDATION CONTENTS YEAR ENDED 5 NOVEMBER 2024 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 2024 TRUSTEES Jonathan Baker Chloe Lymn Flose Joanna Bossart lan Moorman Mark Chapman Paula McLaren (appointed 10 October 2024) 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 ACCOUNTANTS 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 2024 Financial Statements The trustees present their annual report and financial statements for the year ended 5 November 2024. Structure Governance and Management The Charity 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 trustees, in their absolute discretion, consider fit. The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income, and all or such part or parts of the capital, at such time or times and in such manner to. 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 fit. New trustees are appointed by a resolution of a meeting of the Trustees but only with the consent of the Board of Directors of the Settlor Company whilst the Settlor remains in existence. Objective8 and Activlties The sole objective and activity is the giving of grants. The trustees are aware that they must carry on the charity's activities for the public benefit and thal Ihey musi pay due regard to the guidance on public benefit issued by the Charity Commission. They consider that the charty's aims and aclivities are for the public benefit since it is a grant making trust which gives only lo either registered charities or needy individuals. Achievements and Performance The income of the trust during the year was £31,602 (2023 - £32,022). During the year, grants of £31,186 (2023 - £28,391 } were made to inslilutions and grants 01 £16712023 - £2001 were made lo individuals. We list below the grants made of £1,000 and above. The remaining grants of £23,434 were made lo a further 159 institutions and 2 individuals. Nottingham Blood Bikes Lincs & Notts Air Ambulance Happy Days Children's Charty £5,000 £1,820 £1,099 Financial Review The trusl deed gives the trustees the power to make investments as they consider fit and at their absolute discretion. Reserves The Trustees, reserves policy is to allow all reseNes to be available for distribution as grants to worthwhile causes at any time. As at 5 November 2024. unrestricted funds totalled £317.202 (2023: £289,185). None of the trustees received any remuneration for their services or reimbursement of expenses. Trustees, responsibilities slatement The trustees are responsible for preparing the Trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). THE A W LYMN CENTENARY FOUNDATION REPORT OF THE TRUSTEES YEAR ENDED 5 NOVEMBER 2024 The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for thal 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 in the Charities SORP 2019 IFRS 102); make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in Ihe financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to 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 of the charity and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charily and hence for taking reasonable steps for Ihe prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial infomation. Legislation in the United Kingdom governing the preparalion and dissemination of financial statements may differ from legislation in oth8r jurisdictions. On behalf of the Trustees Chloe Lymn Rose Date.. 4 September 2025 THE A W LYMN CENTENARY FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 5 NOVEMBER 2024 Independent Examiner's Report to the Trustees of The A W Lymn Centenary Foundation I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 November 2024 which are set out on pages 5 to 8. Responsibilities and basis ol report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act,). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examinalion I have followed all the applicable Directions given by the Charity Commission under section 14515llb) of the Act. Independent examiner's statemenl I have completed my examinalion. I confirm thal no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect: accounting records were not kept in respect of 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 requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan any requirement that the accoLJnts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Alison Fovargue FCA Chartered Accountant Cooper Parry Group Limited Sky View Argosy Road East Midlands Airport Castle Donington Derby DE74 2SA Date: 4 September 2025 THE A W LYMN CENTENARY FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 5 NOVEMBER 2024 Unrestricted Funds 2024 Unrestricted Funds 2023 Note Income from: Contributions from settlor Interest receivable 31.200 402 31.800 222 Total 31,602 32,022 Expenditure on: Raising funds Charitable activities (705) (31,353) {723} {28,591} Total (32,058) 129.3141 N8t gains I Ilossesl on investments 28,473 13.305 Net income 28,017 16,013 Total funds brought forward 289 185 273,172 Total funds carried forward 317 202 289,185 THE A W LYMN CENTENARY FOUNDATION BALANCE SHEET AS AT 5 NOVEMBER 2024 2024 2023 Note CURRENT ASSETS Investments Debtors Cash at bank 268,997 241,327 67 47,863 289,257 319,390 LIABILITIES Creditors.. Amounts falling due within one year (2.188) {72) NET CURRENT ASSETS 289,185 NET ASSETS 317 202 289.185 FUNDS A W Lymn Centenary Foundation Fund (Unrestricted) 289,185 Approved by the Trustees and signed on its behalf by: Chloo Lymn Rose Date: 4 September 2025 THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 NOVEMBER 2024 1. ACCOUNTING POLICIES al BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordance with the Stalement of Recommended Practice {SORPI 'Accounting and Reporting by Charities", applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102) 2019 (published October 2019), the Charities Act 2011 and applicable regulations. The Financial statements have been prepared under the historical cost convention with items recognised as cost or transaction value unless otherwise stated in the relevant nolelsl to the accounts. The truslees assess whether the use of going concem is appropriate i.e. whetherthere are any material uncertainlies relaled to events or condilions that may cast significant doubt on the ability of the foundation to continue as a going concern. The trustees make this assessment each year in respect ol a period of one year from the date of approval of the financial statements. b) FUNDS The unrestricted A W Lymn Centenary Foundation Fund may be used for such charitable purposes as the Irustees in their absolute discretion consider fit. INCOME AND EXPENDITURE Income and expendrture is accounted tor on the accruals basis. d) SUPPORT COSTS Support costs represent expenditure in relation to the administration of the Charity. INVESTMENTS Investments are initially recognised at their transaction value and are subsequently measured at their market value at each balance sheel date. Markel value is the quoted bid price at the reporting dale. Gains and losses are recognised in the stalemenl of financial activilies for the period. f) DEBTORS Short term debtors are measured at transaction price, less any impaiment. gl CREDITORS Short lerm creditors are measured al transaction price. THE A W LYMN CENTENARY FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 5 NOVEMBER 2024 2. CURRENT ASSEf INVESTMENTS 2024 2023 Equilies 241,327 2024 2023 Opening market value Purchases Sales Gains l (losses} on remeasurement to market value Closing market value 241,327 228,680 {803) 28,473 268,997 1658} 13,305 241,327 3. DEBTORS 2024 2023 Other debtors 67 4. CREDITORS 2024 2023 Accruals 72 Other Creditors 2.188 2,188 72 5. RELATED PARTIES During the year the loundalion received donations of £31.200 (2023: £31,800} from A.W.Lymn The Family Funeral SeNice Limited, of which certain trustees are directors. At the year end. included in Other Creditors is a balance payable to A.W.Lymn The Family Funeral Service Limiled of £939 (2023.. £Nil).