2025-06-30-accounts - Kenilworth Lions Limited

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CHARITY[REGISTRATION] NUMBER: 1124868

KENILWORTH LIONS LIMITED

Company Limited by Guarantee Unaudited Financial Statements 30 June 2025

KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Financial Statements

Year ended 30 June 2025

	Page
Trustees’ annual report (incorporating the director's report)	1
Independent examiner's report to the trustees	4
Statement offinancial activities (including income and
expenditure account)	6
Statement offinancial position	7
Notestothefinancialstatements	8

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee Trustees' Annual Report (Incorporating the Director's Report)

Year ended 30 June 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 June 2025.

Reference and administrative details

Registered charity name KENILWORTH LIONS LIMITED Charity registration number 1124888 Company registration number 06612121 Principal office and registered John Price House office Farmer Ward Road Kenilworth Warwickshire CV8 2DH The trustees Mr R G Tyler Mr E J Curtis Mr C K Bailey Mr D Maxted . Mr P Inshaw Mr B T Morris Mr TC P Lee Mr | K Pointon Mr A Cartwright (resigned October 2025) - Mr W Birkett (resigned October 2025)

Accountants Chapman and Co Chartered Certified Accountants 28 Delaware Road Styvechale Coventry West Midlands CV3 6LX

Structure, governance and management

Kenilworth Lions Limited was incorporated on 5 June 2008. It is a company limited by guarantee as defined by the Companies Act 2006 whose members are fully paid up members of Kenilworth Lions ClO.

Objectives and activities

The overriding objective of the company is to support disadvantaged members of the community in Coventry and Warwickshire.

The main activity of the company is the collection and sale of donated furniture, white goods and other saleable items. Funds raised are then applied for the benefit of other organisations established for

KENILWORTH LIONS LIMITED Company Limited by Guarantee Trustees’ Annual Report (Incorporating the Director's Report) Year ended 30 June 2025

charitable purposes, principally Kenilworth Lions Club, who meet charitable needs in accordance with the guidelines of Lions Club International.

Statement of trustees’ responsibilities

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charity SORP; 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 the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts 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.

Achievements and performance

“

During the year two vans continue to operate from the Farmer Ward Road premises collecting and delivering furniture and white goods. In addition, contributions of furniture and bric-a-brac were received from donors directly to the store when open on Saturday mornings.

In the current difficult economic times, with the help of our ladies in the bazaar and donations teams and their significant efforts, total income for the year was £94,906. This includes £2,446 received from Warwick District Council in recognition of furniture re-purposing efforts saving material from landfill.

Sales of all goods enables the distribution of charitable funds to needy individuals and organisations in the Kenilworth area. We have supported those arriving from Ukraine and others in need with essential household goods and furniture through 34 furniture vouchers issued in the year valued at £3,399. As a result of our efforts, our Kenilworth Lions Club received funds of £75,000 from us during the year for charitable purposes.

The success of the Kenilworth Lions Club furniture store relies heavily on the support of our team and we have been pleased to welcome a number of new club members who are helping on a regular basis. In addition to Kenilworth Lions Club members, we are supported by many volunteers and we are grateful to everyone for their time, commitment, and sheer hard work, which in turn benefits our community. We strive to maintain our financial support to the Kenilworth Lions Club, and we remain their primary source of income and through the contribution of furniture and goods help the many in need in our community.

Financial review

Sales of donated furniture, white goods and bric-a-brac for the year to 30 June 2025 amounted to £81,479. Receipts from Warwickshire County Council for recycling of furniture were £2,446. Small

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report)

Year ended 30 June 2025

cash donations from customers totalled £4,498 and £6,483 was claimed under the government gift aid . scheme.

A total of £75,000 was transferred to Kenilworth Lions ClO for charitable donations to needy causes for the year. In addition to this, numerous vouchers for items of furniture were given out to those in need under the umbrella of other organisations.

Reserves policy

The company directors intend to retain funds to develop ongoing business and for the replacement of one of the vehicles. We intend to maintain reserves of around £49,000 for the 2025/26 year for unforeseen expenditure.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on Seas 22.Leds, 4 signed on behalf of the board of

trustees by:

Mr | Pointon Director

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Mr R G Tyler
Director
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KENILWORTH LIONS LIMITED Company Limited by Guarantee Independent Examiner's Report to the Trustees of KENILWORTH LIONS LIMITED Year ended 30 June 2025 ee | report on the financial statements for the year ended 30 June 2023, which comprise the statement of financial activities (including income and expenditure account), statement of financial position and the related notes.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

° examine the accounts under section 145 of the 2011 Act;
« to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
e to state whether particular matters have come to my attention.

Basis of independent examiner's report

;

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view' and the report is limited to those matters set out in the next statement.

independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

e — to keep accounting records in accordance with section 386 of the Companies Act 2006, and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met, or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of KENILWORTH LIONS LIMITED

Year ended 30 June 2025

John Chapman FCCA

CHAPMAN AND CO , Chartered Certified Accountants

28 Delaware Road Styvechale Coventry West Midlands CV3 6LX

GQ FeOanuer } Lb

KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

30 June 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |Unresiricted|Restricted| |Note|funds£|funds£|Totalfunds£|Total funds£| |Income|and|endowments| |Other trading|activities|5|81,479|-|81,479|84,932| |Donations|and|legacies|6|10,981|-|10,981|16,411| |Investment|income|7|894|~|894|911| |Other|income|8|2,446|-|2,446|2,481| |Total|income|95,800|-|95,800|104,735| |Expenditure| |Expenditure|on|raising|funds:| |Costs|of other trading|activities|S|24,918|42|24,960|25,103| |Expenditure|on|charitable|activities|10|75,000|-|75,000|83,671| |Total|expenditure|99,918|42|99,960|408,774| |Net|income and|net movement|in funds|(4,118)|(42)|(4,168)|(4,039)| |Reconciliation|of funds| |Total|funds|brought forward|266,183|3,880|270,063|274,102| |Total funds|carried|forward|262,065|3,838|“265,903|270,063|

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' The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

‘

The notes on page 8 to 14 form part of these financial statements.

KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Statement of Financial Position

30 June 2025

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||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Fixed|assets| |Tangible|fixed|assets|15|183,502|191,608| |Current|assets| |Cash|at|bank|and|in|hand|82,401|78,455| |Net|current assets|82,401|78,455| |Total|assets|less|current|liabilities|265,903|270,063| |Funds|of the|charity| |Unrestricted|funds|262,065|266,183| |Restricted|funds|3,838|3,880| |Total|charity funds|16|265,903|270,063|

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For the year ending 30 June 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to smali companies.

Directors’ responsibilities:

e The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
e The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved by the board of trustees and authorised for issue on TJSe8LZ 2eHé.and are signed on behalf of the board by:

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Mra| Pointon ORMrRG Ty!
Director Director
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; The notes on pages 8 to 14 form part of these financial statements.

KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is John Price House, Farmer Ward Road, Kenilworth, Warwickshire, CV8 2DH.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

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Fund accounting
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Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.

a

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KENILWORTH LIONS LIMITED
Company Limited by Guarantee
Notes to the Financial Statements (contnueg)
Year ended 30 June 2025
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Accounting policies (continued)

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Incoming resources
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All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
e legacy income is recognised when receipt is probable and entitlement is established. e income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
¢ income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

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Resources expended °
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
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¢ expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governance of the charity apportioned to charitable
activities.
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e — other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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KENILWORTH LIONS LIMITED Company Limited by Guarantee Notes to the Financial Statements (continue)

Year ended 30 June 2025

Accounting policies (continued)

Tangible assets (continued)

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property — over 50 years on a straight line basis Fixtures, fittings and equipment - over 4 years on a straight line basis Motor vehicles - over 4 years on a straight line basis

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

4, Limited by guarantee The company is a company limited by guarantee not having a share capital. The liability of each member is limited to £1.

KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Notes to the Financial Statements (contnueq)

Year ended 30 June 2025

5. Other trading activities

			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2025	Funds	2024
			£	£	£	£
		Store takings	81,479	81,479	84,932	84,932
6.		Donationsand legacies
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2025
				£	£	£
		Donations
		Donations received		10,981	-	10,981
				10,981	-	10,981
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2024
				£	£	£
		Donations
		Donations received		16,411	-	16,411
				16,411	-	16,411
7.		Investment income
	:		Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2025	Funds	2024
			£	£	£	£
		Bank deposit interest	894	894	911	911
8.		Other income
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2025	Funds	2024
			£	£	£	£
		Recycling payments	2,446	2,446	2,481	2,481
			2,446	2,446	2,481	2,481

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Notes to the Financial Statements (continued

Year ended 30 June 2025

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||||||||| |---|---|---|---|---|---|---|---| |9.|Costs|of other trading|activities| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2025| |£|£|£| |Store|running|costs — other|16,854|_|16,854| |Store|running|costs|-|depreciation|8,064|42|8,106| |24,918|42|24,960| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2024| |£|£|£| |Store|running|costs — other|15,456|-|15,456| |Store|running|costs-|depreciation|9,580|67|9,647| |25,036|67|25,103|

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10. Expenditure on charitable activities

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||||||| |---|---|---|---|---|---| |Unrestricted|Total|Funds|Unrestricted|Total|Funds| |Funds|2025|Funds|2024| |£|£|£|£| |Donations|75,000|75,000|83,671|83,671| |11.|Net|income| |Net|income|is|stated|after charging/(crediting):| |2025|2024| |£|£| |Depreciation|of tangible|fixed|assets|8,106|9,650|

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 30 June 2025

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12. Independent examination fees

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||||||| |---|---|---|---|---|---| |2025|2024| |£|£| |Fees|payable to the|independent|examiner|for:|_| |Independent|examination|of the|financial statements|480|480|

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13. Staff costs

The company had no employees during the year.

14. Trustee remuneration and expenses

The directors of the company received no remuneration during the year.

15. Tangible fixed assets

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|||||||| |---|---|---|---|---|---|---| |Freehold|Fixtures|and|Motor| |property|fittings|vehicles|Total| |£|£|£|£| |Cost| |At|1|July 2024|195,159|1,862|22,404|219,425| |Additions|-|-|-|-| |Disposals|-|-|-|-| |At|30 June|2025|195,159|1,862|22,404|219,425| |Depreciation| |At|1|July 2024|7,754|1,862|18,201|27,827| |Charge|for the year|3,903|-|4,203|9,647| |Depreciation|on|disposals|-|-|-|-| |At|30 June 2025|11,657|1,862|22,404|27,827| |Carrying|amount| |At 30 June 2025|183,502|-|-|183,502| |At 30 June 2024|187,405|-|4,203|191,608|

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KENILWORTH LIONS LIMITED

Company Limited by Guarantee

Notes to the Financial Statements (continued

Year ended 30 June 2025

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16. Analysis of charitable funds

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|||||||| |---|---|---|---|---|---|---| |Unrestricted funds| |At|At| |1|July 2024|Income|Expenditure|30|Jun|2025| |£|£|£|£| |General|funds|266,183|95.800|(99,918)|262,065| |Restricted|funds| |At|At| |4|July 2024|Income|Expenditure|30 Jun|2025| |£|£|£|£| |Grant for awning|3,880|-|(42)|3,838|

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The grant for awning is expected to be fully written off by depreciation within 48 years.

17. Analysis of net assets between funds

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||||||| |---|---|---|---|---|---| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2025| |£|£|£| |Tangible|fixed|assets|179,664|3,838|183,502| |Current|assets|82,401|-|82,401| |Net assets|262,065|3,838|265,903| |Unrestricted|Restricted|Total|Funds| |Funds|Funds|2024| |£|£|£| |Tangible|fixed|assets|187,728|3,880|191.608| |Current|assets|78,455|-|78,455| |Net assets|266,183|3,880|270,063|

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