**REGISTERED CHARITY NUMBER: 1136148**
**Report of the Trustees and**
**Unaudited Financial Statements**
**for the Year Ended 31 January 2023**
**for**
**The Charlie Lamb Charity**
Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
**The Charlie Lamb Charity**
## **Contents of the Financial Statements for the Year Ended 31 January 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**||5||
|**Notes to the Financial Statements**|6|to|10|
**The Charlie Lamb Charity**
**Report of the Trustees for the Year Ended 31 January 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 January 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objective of the charity is the promotion of community participation in healthy recreation in Wiltshire.
## **Public benefit**
The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding what activities the charity should undertake. The trustees consider that they have acted in the public benefit.
## **Grantmaking**
The charitable trusts achieves its objectives by the provision of grants and donations to community clubs and organisations providing facilities and opportunities for the playing of sport.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Ben East - We are currently helping to support Ben East. He currently holds the U15 UK Javelin record, being the first person in the UK ever to throw over 70m at that age. During this season as a Junior U20, Ben has earnt his England vest, winning the ETC throws festival, and his GB vest - going to the U20 World Championships in Cali, Columbia. He also finished 2nd in the British Championships (a Senior competition), setting a lifetime best throw of 73.49m. He ended this season as: U20 UK number 1; 8th in the UK all-time U20s; UK number 5 (Seniors); 14th in the World U20 rankings - quite a phenomenal year! Ben is on the JTP (Junior Talent Program), run by UK Athletics, and continues to train extremely hard whilst also beginning a Mechanical Engineering degree at Loughborough University in September 2022.
Ellie Gudgeon - This year we have also started to support Ellie Gudgeon who is an karate athlete also representing England. Ellie has a busy schedule for the last half of the 2022/23 season. In November Ellie won a silver medal at the Central England International Championships and is representing England at competitions in Athens in January, Turkey in March, Canada in April!
Burbage & Easton Royal Cricket Club - A donation of £1,424 was made to Burbage & Easton Royal Cricket Club towards the purchase of a practice cage. This will be used by the junior sections and senior sections during the week for practice and will create another net facility which is much needed due to growing demand They currently have 140 junior and 60 senior members. They are also hoping to start a girls side and will provide further facilities. The cage will really add to the coaching aids able to be provided by the club to help the development of its members from the local community.
Shalbourne Club/Shalbourne Cricket Club - We made a donation of £5,000 to Shalbourne Club towards a new tractor. They were very grateful and said "To fulfil our commitment to Sport England who provided a grant towards our pavilion, we have to continually promote sport on the field, and key to this is being able to prepare and maintain the field for cricket and football."
## **Fundraising activities**
Caribbean Party - In May we held a Caribbean Party in a marquee at Shalbourne Pavilion! It was a fantastic evening with amazing decorations, cocktail and wine bars, steel band and limbo dancer as well as an amazing Caribbean buffet! £2,500 was raised for Charlie's Charity!
Charlie's Charity are delighted that Rick Stein Marlborough have chosen to make a 50p donation from every sale of their Marlborough 42 cocktail!
We were able to hold our fundraising Ball in Marlborough after a two year absence because of Covid. It was a sell out and as well as everyone having a brilliant time managed to raise just over £12,500!
## **FINANCIAL REVIEW**
## **Financial position**
At 31 January 2023, the charity had total funds of £22,815.
## **Reserves policy**
The free reserves of the charity at the 31 January 2023 were £22,815 and these will be used for projects identified by the trustees in the coming periods. The trustees have considered their reserve policy and aim to hold 3 - 6 months of running expenditure.
Page 1
**The Charlie Lamb Charity**
## **Report of the Trustees for the Year Ended 31 January 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
Trustees are recruited through an interview process, following applications made through word of mouth from current trustees/contacts.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1136148
## **Principal address**
Well Cottage Ham MARLBOROUGH Wiltshire SN8 3RB
## **Trustees**
A Gayer Mrs J Lamb A J Piper M Potter B Smith Ms D Wilson
## **Independent Examiner**
James Gare DChA FCA Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
Approved by order of the board of trustees on 5 October 2023 and signed on its behalf by:
Mrs J Lamb - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of The Charlie Lamb Charity**
## **Independent examiner's report to the trustees of The Charlie Lamb Charity**
I report to the charity trustees on my examination of the accounts of The Charlie Lamb Charity (the Trust) for the year ended 31 January 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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.
James Gare DChA FCA
Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
10 October 2023
Page 3
**The Charlie Lamb Charity**
## **Statement of Financial Activities for the Year Ended 31 January 2023**
|2023
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
2,131
Other trading activities
3
41,299
Investment income
4
8
**Total**
43,438
**EXPENDITURE ON**
Raising funds
26,555
**Charitable activities**
5
Grant making
13,688
**Total**
40,243
**NET INCOME**
3,195
**RECONCILIATION OF FUNDS**
Total funds brought forward
19,620
**TOTAL FUNDS CARRIED FORWARD**
22,815|2022
Total
funds
£
2,967
1,075
1|
|---|---|
||4,043|
||-
654|
||654|
||3,389
16,231|
||19,620|
The notes form part of these financial statements
Page 4
## **The Charlie Lamb Charity**
## **Balance Sheet**
## **31 January 2023**
|2023
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Stocks
10
526
Debtors
11
-
Cash at bank
22,879
23,405
**CREDITORS**
Amounts falling due within one year
12
(590)
**NET CURRENT ASSETS**
22,815
**TOTAL ASSETS LESS CURRENT LIABILITIES**
22,815
**NET ASSETS**
22,815
**FUNDS**
13
Unrestricted funds
22,815
**TOTAL FUNDS**
22,815|2022
Total
funds
£
526
4,749
14,867|
|---|---|
||20,142
(522)|
||19,620|
||19,620|
||19,620|
||19,620|
||19,620|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 October 2023 and were signed on its behalf by:
J Lamb - Trustee
The notes form part of these financial statements
Page 5
**The Charlie Lamb Charity**
## **Notes to the Financial Statements for the Year Ended 31 January 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities: 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) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis, under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest pound.
There are no significant areas of judgements or key sources of estimation uncertainty.
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
The charity is an unincorporated trust constituted by a trust deed.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Debtors**
Other debtors are recognised at the settlement amount due.
## **Cash at bank and in hand**
Page 6
continued...
**The Charlie Lamb Charity**
## **Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Debtors**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **2. DONATIONS AND LEGACIES**
|2023
£
Donations
2,131
**OTHER TRADING ACTIVITIES**
2023
£
Fundraising events
41,299
**INVESTMENT INCOME**
2023
£
Deposit account interest
8
**CHARITABLE ACTIVITIES COSTS**
Grant
funding of
activities
Support
(see note
costs (see
6)
note 7)
£
£
Grant making
12,724
964|2022
£
2,967
2022
£
1,075|
|---|---|
||2022
£
1
Totals
£
13,688|
## **3.**
## **4. INVESTMENT INCOME**
## **5. CHARITABLE ACTIVITIES COSTS**
Grant making
## **6. GRANTS PAYABLE**
In the year ended 31 January 2023, the following grants were made to institutions:
£1,424 to Burbage & Easton Royal Cricket Club towards the purchase of a practice cage
£5,000 to Shalbourne Club towards a new tractor
Donations to individuals totalled £6,300 and all related to sponsoring/supporting local athletes.
Page 7
continued...
**The Charlie Lamb Charity**
## **Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
## **7. SUPPORT COSTS**
|**SUPPORT COSTS**||||
|---|---|---|---|
||Information|Governance||
||technology|costs|Totals|
||£|£|£|
|Grant making||||
||380|584|964|
|Support costs, included in the above, are as follows:||||
|||2023|2022|
|||Grant|Total|
|||making|activities|
|||£|£|
|Sundries||380|115|
|Accountancy and Independent Examination||584|539|
|||964|654|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 January 2023 nor for the year ended 31 January 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 January 2023 nor for the year ended 31 January 2022.
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricted|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|2,967|
|Other trading activities|1,075|
|Investment income|1|
|**Total**|4,043|
|**EXPENDITURE ON**||
|**Charitable activities**||
|Grant making||
||654|
|**NET INCOME**|3,389|
|**RECONCILIATION OF FUNDS**||
|Total funds brought forward|16,231|
|**TOTAL FUNDS CARRIED FORWARD**|19,620|
Page 8
continued...
**The Charlie Lamb Charity**
**Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
## **10. STOCKS**
|**10.**|**STOCKS**||||
|---|---|---|---|---|
||||2023|2022|
||||£|£|
||Stocks||526|526|
|**11.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||2023|2022|
||||£|£|
||Prepayments||-|4,749|
|**12.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||2023|2022|
||||£|£|
||Accrued expenses||590|522|
|**13.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.2.22|in funds|31.1.23|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|19,620|3,195|22,815|
||**TOTAL FUNDS**|19,620|3,195|22,815|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|43,438|(40,243)|3,195|
||**TOTAL FUNDS**|43,438|(40,243)|3,195|
||**Comparatives for movement in funds**||||
||||Net||
||||movement|At|
|||At 1.2.21|in funds|31.1.22|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|16,231|3,389|19,620|
||**TOTAL FUNDS**|16,231|3,389|19,620|
||Comparative net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|4,043|(654)|3,389|
||**TOTAL FUNDS**|4,043|(654)|3,389|
Page 9
continued...
**The Charlie Lamb Charity**
## **Notes to the Financial Statements - continued for the Year Ended 31 January 2023**
## **14. RELATED PARTY DISCLOSURES**
Total donations from trustees and related parties for the year ended 31 January 2023 were £1,500 (2022: £1,000).
There were no other related party transactions for the year ended 31 January 2023.
Page 10