2022-03-31-accounts - Lincoln & Lindsey Blind Society

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			Page
Report ofthe	Trustees		1to8
Independent	Examiner's	Report
Statement of	Financial	Activities	10
Balance Sheet			11to 12
Notes to the Financial Statements			13to 21

Risk					Management
Resources: Increased		competition		for statutory	Robust financial framework,		cost	reduction strategies,
and grant	income, changes		in market conditions		contingency plans to protect		core	services, reserves
and client	behaviour	and continued		economic	policy.
pressure	on income.
					It is accepted that the long	term sustainability			of
					remaining an independent	charity		is something	that
					requires careful monitoring.
More clients using the service					Staffing levels are monitored		regularly by the		Chief
					Executive and reported to the Executive Committee
					where necessary.

Staffing: Talented staff are	Staffing: Talented staff are	not attracted,	not attracted,	developed	Recruitment policies and procedures.	Recruitment policies and procedures.
and retained in an increasingly competitive				labour
market. We also need tro		be aware that some staff			Formal reviews,	appraisals and development		plans.
could retire at similar times.					Salary Reviews.	Staff training and progression		to	be
					encouraged.
Reputation and Operation:			Events that could impact		Comprehensive	training and awareness	programme
reputation and operations.			This could include a		for all staff.
serious fraud or significant		health and safety
incident.					Regular reviews	and reports to the Executive		Committee.
Safeguarding ofstaff, clients			and volunteers		Risk assessments	and policies are in place.
Governance and Processes;			No adequate	or	Governance Policy and Trustee Manual		in place.
appropriate gover nance and			processes in place.		Five year strategy in place.
Data Protection Breach					Stringent data protection and cyber security			policies		in
					place, along with	privacy statements.
Cyber Security					Programme oftraining for staff.
External Environment: Inability to respond					Focusing on the	needs of people with a	visual
effectively to a significant	change in the external				impairment and	increased involvement	of clients		in
environment.					the development	ofthe organisation and services.
					Partnership working.
					Monitor sector and act on any significant		change.

STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31MARCH 2022				2022	2021
		Unrestricted	Restricted	Tota I	Tota I
	Note	Funds	Funds	Funds	Funds
		f	E	E
INCOMING RESOURCES
Incoming resources from
generated funds
Voluntary income	2	39,640	149,865	189,505	150,627
Activities for generating funds	3	595	0	595	1,628
Investment income	4	4,022	0	4,022	6,033
Incoming resources from
charitable activities
Activities in furtherance ofthe
charity's objects	5	26,538	100	26,638	23,112
Total Incoming Resources		70,795	149,965	220,760	181,400
RESOURCES EXPENDED
Costs ofgenerating funds
Fundraising trading: cost of
goods sold and other costs	6	11,175	878	12,053	13,505
Charitable activities
Activities in furtherance ofthe
charity's objects	7	151,879	159,348	311,227	294,448
Goverance costs	11	6,290	0	6,290	6,899
Total Resources Expended		169,344	160,226	329,570	314,852
NET INCOMING/(OUTGOING)
RESOURCES		-98,549	-10,261	-108,810	-133,452
Other recognised gains/losses
Realised gains/losses on sale of
fixed asset investments		33,126	0	33,126	14,383
Net movement in funds		-65,423	-10,261	-75,684	-119,069
RECONCILIATION OF FUNDS
Total funds brought forward		423,574	118,611	542,185	471,639
Transfer Restricted Fixed Assets		6,099	-6,099
TOTAL FUNDS CARRIED FORWARD		364,250	102,251	466,501	352,570

BALANCE SHEET
AT 31MARCH 2022			2022	2021
			Total	Total
		Note	Funds	Funds
FIXED ASSET
Tangible Restricted Assets		17	17,048	12,917
Land 8 Buildings		17	150,000	150,000
Investments		18	242,266	326,322
			409,314	489,239
CURRENT ASSETS
Stocks			10,765	10,138
Debtors IL Payments	in Advance	19	8,323	6,329
Cash at Bank			68,882	50,537
			87,970	67,004
CREDITORS
Amounts falling due
within one year		20	30,783	14,058
			30,783	14,058
NET CURRENT ASSETS			57,187	52,946
TOTAL ASSETS LESS
CURRENT LIABILITIES			466,501	542,185
NET ASSETS			466,501	542,185
FUNDS		21
Unrestricted funds			364,250	423,574
Restricted funds			102,251	118,611
TOTALFUNDS			466,501	542,185

NOTES TO THE FINANCIAL STATE FOR THE YEAR ENDED 31MARCH	MENTS - CONTINUED 2022
2. VOLUNTARY INCOME		Unrestricted	Restricted	2022	2021
		f	f	E	f
Donations and Gifts		31,771	55,910	87,681	64,816
Legacies		7,869		7,869	2,461
Lottery Fund - Triage			9,996	9,996	0
Benefit Officer Project			83,959	83,959	83,350
		39,640	149,865	189,505	150,627
3. ACTIVITIES FOR GENERATING	FUNDS	Unrestricted	Restricted	2022	2021
		E	f	f	E
Ge n era I fun dra ising		505	0	505	1,628
Lettings		90	0	90	0
		595	0	595	1,628
4. INVESTMENT INCOME		Unrestricted	Restricted	2022	2021
		f	f	E	f
Income from listed investments		3,631	0	3,631	6,032
Interest Receivable		391	0	391	1
		4,022	0	4,022	6,033
5. INCOMING RESOURCES FROM	CHARITABLE ACTIVITIES
		Unrestricted	Restricted	2022	2021
		E		f	f
Service charge		2,740		2,740	2,742
Membership subscriptions		11,535		11,535	13,877
Grants Receivable		0	100	100	205
Sale of aids &equip		12,263		12,263	6,288
		26,538	100	26,638	23,112
6. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS				2022	2021
				f	f
Staff costs				10,665	13,505
Other costs				510	0
Depreciation				878	0
				12,053	13,505
7. CHARITABLE ACTIVITIES COSTS			Grant funding	Support
		Direct costs	ofactivities	costs	Totals
		(see Note 8)	(see note 9)	(see note 10)
Activities in furtherance		E	f	f	f
ofthe charity's objects		238,291	229	72,707	311,227

							Unrestricted	Restricted	2022	2021
							6	f	E	E
Staff salaries							62,709	119,610	182,319	193,159
Talking News & Links Voice							0	982	982	0
Domiciliary	visiting	service					1,539	0	1,539	725
Volunteer exps &		Groups					338	100	438	0
Befriending	service						10,029	0	10,029	2,824
Benefit Officer exps							0	25,156	25,156	26,406
Purchase of	aids &	equipment					7,639	2,304	9,943	7,232
IT Project &	support costs						0	5,652	5,652	1,454
Trailer exps							0	1,621	1,621	504
Depreciation							0	612	612	4,936
							82,254	156,037	238,291	237,240
9, GRANTS	PAYABLE						Unrestricted	Restricted	2022	2021
Activities in	furtherance			ofthe			f		f	f
charity's objects							129	100	229	205
Grants payabie relate to				individuals	in line with the charity's		objectives.
									2022	2021
10. SUPPORT COSTS									f	E
Activities in furtherance			ofthe charity's			objects			72,707	57,003
Support costs included			in	the above	are	as follows:
							Unrestricted	Restricted	2022	2021
							f	f	E	6
Wages							55,328	0	55,328	50,235
Head Office costs							13,745	2,733	16,478	5,651
Trave I							75	0	75	65
Subscriptions							348	0	348	414
Depreciation							0	478	478	638
							69,496	3,211	72,707	57,003
11. GOVERNANCE		COSTS							2022	2021
									6	f
Staff costs									1,000	1,000
Professional	fees								5,165	5,877
Meetings and conferences									125	22
									6,290	6,899
12. NET INCOMING/(OUTGOING)RESOURCES
									2022	2021
Net resources	are stated		after charging/(crediting);						f	E
Depreciation	- owned assets								1,968	5,573

The average monthly number ofemployees	The average monthly number ofemployees	during the year was as follows:
Sight impairment	Officers
Benefit Officers
Fundraising
Administration	&Support services
Management
Volunteer co-ordinators

	Trailer	Equipment	Laptops	Totals
COST		f	f	f
At 1April 2021	15,437	10,794	3,269	29,500
Additions	0	1,394	4,705	6,099
At 31March 2022	15,437	12,188	7,974	35,599
DEPRECIATION
At 1April 2021	3087	10,417	3,079	16,583
Charge for year	617	377	974	1,968
At 31March 2022	3,704	10,794	4,053	18,551
NET BOOK VALUE
At 31March 2022	11,733	1,394	3,921	17,048
At 31March 2021	12,350	377	190	12,917


Land	&. Build	ings at cost				150,000
Comparable		historical cost for the land and buildings	included	at valuation:
Land	&Buildings valuation				2022	2021
					f	f
Cost					193,830	193,830
Accumulated		Depreciation			0	0
At 31	March	2022			193,830	193,830

18. FIXED ASSET INVESTMENTS	Fixed Asset
	Investments
COST	E
At 1April 2021	326,322
Additions	70,561
Disposals	-189,126
Profit/Loss on Sale of Investments	33,125
Dividends re-invested	1,384
At 31March 2022	242,266
Market Values	f
At 31March 2022	273,920
At 31March 2021	378,334

19. DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR	2022	2021
		f	f
Other debtors		8,323	6,329
		8,323	6,329
20. CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR	2022	2021
		f	f
Deferred Income		10,207	6,052
Taxation and social security		5,533	2,554
Other creditors		15,043	5,452
		30,783	14,058

Net movement in fund	s, included in the abov	e are as follows:
		Balance	Incoming	Resources	Gains and	Balance
		31/03/2021	resources	expended	Losses	31/03/2022
Unrestricted funds			f	f	E	E
General fund		423,574	70,795	-169,344	33,126	358,151
Restricted funds
Designated funds - Benefit Advice Project		88,431	83,959	-110,772		61,618
Lottery Fund - Triage SIO		0	9,996	-9,996				0
Befriending Donations		0	23,997	-23,997				0
Trailer Expenses Fund		8,634	0	-1,621		7,013
Grants		0	100	-100				0
Mablethorpe Club Funds		196	0	0				196
Westcliff Club Funds		114	0	0				114
Tesco Club Funds		105	340	0				445
Moorland Lincoln Funds		293	0	-100				193
Horncastle Club Funds		50	0	0				50
IT Equipment/Support	Fund	20,788	31,573	-13,640		38,721
		118,611	149,965	-160,226		108,350
TOTALFUNDS		542,185	220,760	-329,570	33,126	466,501
		Balance	Incoming	Resources	Gains and	Balance
		31/03/2020	resources	expended	Losses	31/03/2021
Unrestricted funds			E	f	E	f
General fund		516,094	57,103	-179,443	29,820	423,574
Restricted funds
Designated funds - 8enefit Advice Project		116,214	83,350	-111,133		88,431
Befriending Donations		0	18,500	-18,500				0
Lines Community Fund		0	2,500	-2,500				0
Trailer Expenses Fund		10,000	14,575	-15,941		8,634
Grants		0	205	-205				0
Mabiethorpe Club Funds		196	0	0				196
Westciiff Club Funds		114	0	0				114
Tesco Club Funds		105	0	0				105
Moorland Lincoln Funds		293	0	0			293
Horncastle Club Funds		50	0	0				50
IT Equipment/Support	Fund	18,188	5,167	-2,567		20,788
TOTAL FUNDS		661,254	181,400	-330,289	29,820	542,		185