REGISTERED CHARITY NUMBER: 1136148 rt of the Trustees and nau Fl lals tements for the Year Ended 31 nua 2024 The Charfie Lamb Chari Monahans Chartered Accountants Hermes House Fire Fly Avenue Swindon Wiltshire SN2 2GA
The Charlie Lamb Cha Contents of the Finaneial Statements forthe Year Ended 31 Janua 2024 Page Report of tha Trust• Indep¢ndont Examlnerfs Report Statemont of Financlal Acllvltles Balance Sheet Notes to the Financlal Statements 6 to 10
The Charlie Lamb Chari ort of the Truste for the Year Endod 31 Janua 2024 The trustees present thelr report wth the financial statemerrts of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reportin9 by Charities: Statement of Recommended Practice appllcable to chariti•s preparing their accounts in accordance with the Financial ReportÈng Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019). OBJECTIVES AND ACTMTIES ObJo¢tlvo3 and alms The objedive of the charity is the promotion of community particlpatlon in healthy recreation in Wiltshire. Publlc benefft The trustees have paid duè regard to the Charity Commission's guidan on pU1C benefit in deciding what activities Ihe charity should undertake. The trustees cx)nsider that they have acted in the public benefit. Grantmaking The Charitable Irusts achieves its objectives by the provision of grants and donations to community club5 and organisations providing facilities and opportunities for the playing of sporL ACHIEVEMENT AND PERFORMANCE Charitablo activitios Ben East - Javelin - Ben has had another fantastic season. He has moved up to the U23 age group and now compete5 with seniors on a regional, national and international stag8. In June, he won the U23 English Championships in Chelmsford wth a new personal best throw of 74,03m. Then. in July. he won the British Senior Javelin Championships in Manchester, wth a throw of 72.97m, aged just 19. He dominated the competition. leading from the very first throw. In August. he went to Poland to compete in a lower tier of the Diamond League for the first time. finishing fifth,. an amazing exparlence for him. Ben is still a member of Team Kennet. based In Greenham. Newbury - coached by Luke Angell at Team Kennet and Dave Tumer at Loughborough. He also still holds the U15 UK Javelin record. All of this during his second year of a Mechanical Engineering Degree at LoughborcAJgh. Arabella Sear Watkins - Figure Skaung - Arabella ha3 had an excitiThJ year developing her figure skating Career. In January Arabella was selected to represent Great Britain at Ihe European Winler Youth Olympics in Ilaly, which was an amazing opportunity and experience for her. On top of this wonderful achievement, Arabella was selected by Team GB to be thg opening ceremony flag bearer which was a huge honour for har! This summer. Arabella was invited to train at Ihe ISU Iworld goveming body for skating) Centre of exc8llence in the GemianlAustrian mountalns, a wonderful opportunity for her to train at this intemational elite tre. In November, she represented GBR at the Junior Intemalionals in Bulgaria. and eatlier this year qualrfied for her first Senior 8rilish Championships in Decemb8rl She will be the youngest senior lady by 4 year5. "She's over the rnoon io be skating al the very top level of figure skating. and very much looking forward to this wonderful opportunity to skate with the best in the UK, and lo gain experience at this level for her futur8 development.. Ellie Gudgeon - Karate Ellie has had a busy year, attending several (x)mp&titions in Turkey. Gr8ece. Egypt. Cyprus and Portugal to name a fewl She is now ranked 57th in lh8 WOTld and is aiming for the top 50 by the and of 2023. Looking lo 2024, Ellie is hoping to compete in the European Championships and Commonwealth Championships, and snter the top 32 - go Elliel GB U17s Waler Polo Team - This group of hard-wDrking and talented young athletes have spent the last 2 years in the GB Talent Programme arKJ qualifi8d for the European Championships in Turf(ey at the end of July. Although Swim England offars as much support as it can. unfortunately water polo is largety self-funded and the girls. families bear the majority of the financial burden. The tolal cost of competing in the European Championships is in the region of £35,000 and the girls ran a hugely successful GoFundMe campaign so that everyone ill the squad was able to travel to Turkey to represent Great Britain regardless of their own financ1 situation. Chartie's Charity are tKoud to have baén able to contribute to them achiewng their goall Hungerford Town Youth FC Charlie's Charity donat8d some new state of the art goals for Ihe junior teams. 'IV5 such a wonderful and lo'nd gesture and we canl thank you enough." Burbage and Easton Royal Cricket Club - Earfier this year. Charlie¥ Charity helpad our local cricket club get some new practice equipmenl, which Mrill improve facilities at the club hugely. Vhanks to all involved at the charity. This wll mak8 a big drfferen to all al the dub. Fundraising activities Charlie's Charity are delighted that Rick Stein MaTlborough are continuing to make a 50p donation from evory salè of their Marlborough 42 cocktail! Our Night Circus fundraising Ball in Martborough was well attended again and raised £9,5W!! Page 1
The Charli Lamb Chari ortofthe forthe Year Ended 31 Janua 2024 FINANCIAL REVIEW Flnanclal positson At 31 January 2024, the charity had total of £18.428. Reserves pollcy The free reserves of the chaiity at the 31 January 2024 were £18,428 and these will be used for projects identified by thè trustées In the coming periods. The Injstees have Qjnsidered their reserve poliw and aim to hold 3 - 6 months of running expenditure. STRUCTURE, GOVERNANCE AND MANAGEMENT Govarnlng document The charity is controlled by ts goveming duMent. a deed of trust and constitutes an unincorporated charity. Rocruitmènt and appolnthient of new trustees Trustees are ¢rUIted through an inlerview process. fdlowiro applic¥tions made through wor(1 of mouth f>M current trusteeslcontacts. REFERENCE AND ADMINISTRATIVE DEfAILS Registored Charity number 1136148 Princip41 address Well Cottage Ham MARLBOROUGH Wiltshire SN8 3RB TrustO08 A Gayer Mrs J Lamb A J Piper M Potter 8 Smith Ms D Wilson Independent Examiner James GatB DChA FCA Monahans Chartered Accountsnts Hemies House Fire Fly Avenu Swindon Wlltshlr8 SN2 2GA Approved by order of the board of trustees on .......... .... - and signed on its bahaEf by: rs J Lamb - Trustee Page 2
Inde ndent Examinerfs Re rt lo the Trustees of The Charfie Lamb Chari Independent examinerfs report to the Irustees of The Charlie Lamb Chafflty I report to the charity trustees on my examination of the accounts of The Charlie Lamb Charity {Ihè Trust) for the year ended 31 January 2024. Responslbllitles and basis of report As the charity twstees of the Trust you are re5p¢)nsible for the preparation of the aw)unts in accordance the requirements of the Charities Act 2011 Cthe Act.). I report in resp8Ct of my examin8tion of the Trusys accounts carried oul undor Section 145 of the Act and in Carn9 out my examination I have followed all applicable Directions given by the Chartty Commission under Section 14515)(b} of the Act. Independent examinerfs statemenl I have completed my examination. l ¢onfim7 that no matertal matters have come to my attention in connection with tha examination glving me cause lo bellove thal in any material respect: accounting records were not kept in respect of the Trust as requir by Section 130 of the Act,. or thè accounts do not accord with those records., or the a¢counts do nol comply wth Ihe applicable requirements conc6ming the form and content of accounts set out in the Chartties (Accounts and Reports) Regulations 2008 other tharb any requirernent Ihat the accounts give a true and falr vlew whl¢h is not a matter considered as part of an independent examinalion. I have no concams and ha come across no other matters in connection wÉth the examlnatlon to which attention should be drawn in this r8POrt in order to enable a proper understanding of the accounts to be roach8d. James Gare DChA FCA Monahans Chartered Accountants Hermes House Ire Fly Avenue Swindon Willshire SN2 2GA 17 October 2024 Page 3
The Charlie Lamb Chari statement of Financial Activi forthe Year Ended 31 Janua 2024 2024 Unrestricted fvnd 2023 Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 179 2,131 Other trading activities Investmenl income 25,941 24 41.299 Total 26.144 43.438 EXPENDITURE ON Raising funds 16,662 26.555 Charitable activities Grant making 13.869 13.888 Totsl 30,531 40.243 NET INCOMEI(EXPENDITURE) (4.387) 3.195 RECONCILIATION OF FUNDS Total funds brought forward 22,815 19,620 TOTAL FUNDS CARRIED FORWARD 18,428 22,815 The notes fomi part of these financial statemeTts Page 4
Tho Charfie Lamb Cha Balance Shae 31 Janua 2024 2024 Unresthcted fund 2023 Total funds Notes CURRENT ASSETS Stocks Cash at bank 10 526 18.562 526 22,879 19.088 23,405 CREDITORS AmoLJnts falling dua wthin one year 11 (660) {590) CURRENT ASSETS 18,428 22,815 TOTAL ASSETS LESS CURRENT LIABILITIES 18,428 22,815 NET ASss 18.428 22.815 FUNDS Unreslricted funds 12 18.428 22.815 TOTAL FUNDS 18.428 22.815 The financial statements were approved by the Board of TnteeS and authorised for issu6 ..30Jn912Q24................... and were signed on its behalf by. on Lamb - Trustee The Mtes fomi part of theso ffinancial siat8ments Page S
Thec arlie Lamb Cha Notes to the Fi lements for the Year Ended 31 Janua 2024 ACCOUNTING POLICIES Basls of preparln9 the financlal statements The financial statemants of the chaiity. which is a publ beneffit entity under FRS 102. have been prepared in accordance with tha Charities SORP IFRS 102) 'A¢¢ounting and Reporting by Charities: Slatemenl of Recommended Prdctice applicable to charities preparing thelr accounts in accordan with the Financial Reporting Slandard applicable in the UK and Republlc of Ireland {FRS 1021 (effective 1 January 2019)., Fin8ncio1 Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Chartties Act 2011. The financial statements have been prepared under the historical cost convention. The finanal statements have been ppad to gve a 'true and fairf view have departed from the Charfiles {Accounts and Reports) Regulations 2008 onty to the extent required to prowde a Iruè and fair VI8. This departure has involved following the Accounting and Reporting by Charities: Statemènt of R6commended Practice appSicablÈ lo charities preparing their accounts in accordan with the Financial Reporng Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 rather than the A¢¢ounting and Reporting by Charities.. Stalement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The financial statements are prepared on 8 going concern basis. under the historical cost convention. modrfied to Indude certain items at fair value. The financial siatements are prepared in slerfirjg whic is the funotional currency of the charity and rounded lo the nearest pound. There are no significant areas of judgements or key sources of estimation uncertainty. The trustees conslder that there are no material uncertainti8s about the ChariV8 ability to continue as a going conM. The charity is an unincorporated trust constituted by a trust deed. In¢ome All income is reoognised in the Statement of Financial Activities once the charEty has entitlement to the funds, it is probable that the income will be received and the arTh)unt can be measured reliably. Interest on funds held on deposit is included vthen receÈYable and the amount be measured reliably by the charty, this Is nomially upon notification of the Interest paid or payable by the bank. Expendiluro Liabilitles are recognis8d as expendÉture as as Ihere is a legal or o)nstructtve obligation cornmttting the ¢harfty to that expenditure. it is probable that a transfrr 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 dassified under headings that aggregate all cost relat8d to Ihe category. Where costs cannot be directty attribuied to partlcular headings they havè bèen allocated to aclivities on a basis consistent wth the use of resources. Grants off8red subject to conditions wthich have not been met at the year end date are noted as a commitment but not accrued as expendtlure. Stocks Stocks are valued at the loVr of c#)st and net realisable fdlue. after making due allOnCe for obsolete and slow mowng items. Taxation The charity is exempt from on tts charilable activities. Fund ac¢ounting Unrestricted funds can be used in ac¢ordance with the charitable objecliv8s at the discretlon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arlse vthen 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 staternents. Debtors Other debtors are recognised at the Settlement amount due. Cagh al bank and in hand Page 6 continued...
Tha Charl1• Lamb Chari Notes to tho Finanelal Statements - contlnued for tha Year En ed 31 Janua 2024 ACCOiINTING POLICIES - ¢onlinued Debtors Cash at bank and cash in hand includes cash and short temi hlghly liquid investfnents wtth a short rnatutity of three months or I$ from tho date of acquisition or opening of the deposlt or similar account. Credltors and provlstons 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 obligatlon can be measured or estimated liably. Creditor5 and provision5 are nomially recognised at their s8tt18ment amount after allowtng for any trade discounts due. Financial instruments The chaiity only has financial assels and financial liabiltlies of a kind that qualify a8 basic financial in8lNments. Basic financial instruments are initially recognised at Iransaction value and subsequenlly measured at their settlement value. DONATIONS AND LEGACIES 2024 2023 Donalions 179 2.131 OTHER TRADING ACTIVITIES 2024 2023 Fundraising evenis 25,941 41,299 INVESTMENT INCOME 2024 2023 Deposit account interesl 24 CHARITABLE ACTMTIES COSTS Grant funding of activities (see note Support costs (see note 7> 6) Totals Grant making 13,139 730 13.869 GRANTS PAYABLE In Ihe year ended 31 January 2024. the followÈng grants were made to insb'tulior)s: £4,000 trj GB U17s Water Polo Team to travel to Turkey to represent Great Brilain for the European Championships £3,465 to Hungerford Town Youth FC ft)r some new slate of Ihe art goals for the junior teams £174 to Shalbourne Pavilion in May for goa15 for the youngslers of the village Donations to individuals tolaifed £5,500 and all related to sponsorinSuppO[ting local alhleles. Page 7 ntinued...
The Charlle Lamb Chari Noles to Ihe Fi I ststaments - contlnued for the Year Ended 31 Janua 2024 SUPPORT COSTS Gov8man¢e Grant making 730 Support costs. induded in the above, are as follo.. 2024 Grant making 2023 Total activities Sundries AccountanGy and Independent EyAmination 380 584 730 730 TRUSTEES. REMUNERATION AND BENEFITS There were no truslees. remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023. Trustees. expenses There were no ttustees. ey4)enses paid for the year ended 31 January 2024 for the year end8d 31 January 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricled fund INCOME AND ENDOWMENTS FROM Donatsons and legacies 2.131 other trading activiiies Investment income 41,299 Total 43,438 EXPENDITURE ON Raisln9 funds 26,555 Charitable a¢tfvltl•s Grant maldng 13,688 Total 40,243 NET INCOME 3,195 RECONCILIATION OF FUNDS Total funds brought forward 19,620 TOTAL FUNDS CARRIED FORWARD 22,815 Page 8 continued...
The Charlle Lamb ha Note n¢1 for the Year Ended 31 Jan ntinued 2024 10. STOCKS 2024 2023 Stocks 526 526 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accrued expenses 660 590 12. MOVEMENT IM FUNDS Net movement In funds At 31.1.24 At 1.2.23 Unrestrtcted funds General fvnd 22.815 {4,387) 18,428 TOTAL FUNDS 22,815 (4,387) 18,428 Net movement in funds, Included in the above are as follows: Incoming resources Resou5 expended Movemenl in funds Unrestricted funfls General fund 26.144 {30.531) (4,387) TOTAL FUNDS 26.144 {30,531) (4.3871 Comparatives for movement in funds Net movement in funds At 31.1.23 At 1.2.22 Unrestrleted funds General fund 19.620 3,195 22,815 TOTAL FUNDS 19.620 3,195 22.815 Comparative net movement in funds. included in the alx)ve are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 43.438 {40.243) 3.195 TOTAL FUNDS 43.438 {40.243) 3,195 Page 9 continued...
The Charfie Lamb Cha Notes to ents - continued for the Year Ended 31 Janua 2024 13. RELATED PARTY DISCLOSURES Total donatlons from truslees and related parties for Ihe year ended 31 January 2024 were £720 (2023: £1.5001. There were no other related paty transactions for the year end8d 31 January 2024. Page 10