Charity No.. 1141895 LuvEIy Annual Report and Financial Statements for the year ended 31 March 2024
Llghthouse - Ely Reference and Admlnlstratlve Details Charlty Name LuvEIy Charity Registration Number 1141895 Principal Office The Lighthouse Centre 13 Lynn Road Ely Cambs CB7 SEG Trustees Mr G Cornell Mr J Okoye Mr T Cockerton Mrs A Oguguo Independent Examlner Mr Hayden Walson FCCA The MHH Partnership Elstrc¢ Hosuc, Watsons Yard High Strect Cottenham CB24 8RX
LuvEly Trustees Report for the Year to 31 March 2024 The Trustees present their report and the unaudlted accounts for the year ended 31 March 2024 Legal Status The Charity was established by Trust Deed on 13 May 2011 and is registered with the Charity Commission. Originally called Garage Community Trust the name was changed to LuvEIy- retaining its Gharitable number (Charity no 1141895). These changes have all been registered wilh the Charity Commission and recorded on the central register of Charities. Objectives of LuvEIy The objeds of the Trust are.. LuvEly, a charity based at the Lighthouse Centre. Our doors are open for people of all backgrounds, no matter their personal beliefs or situation in life. We aim to bring together the community, offering practical help and tackling isolation. Through social clubs for the elderly, and youth clubs. The community fridge (LuvEly Pantry) tackles food waste and helps those in need. To provide services to the wider, local community and to advance, social cohesion, and welfare and enrich life, physically, emotionally, and spiritually in the locality by 1. relief of povety, sickness and distress 2. the promotion of good health, 3, the provision of recreational facilities in the interest of social welfare with the object of improving their Gonditions of life and any other such charitable purposes, according to the laws of England and Wales, as the trustees shall see fit. Organisation LuvEly based at 13 Lynn Road, Ely Cambridgeshire is the home of various other projects including many support groups for the local community. The Trusl endeavours to achieve its aims and objectives through the various strategies outlined below. The trustees have due regard for the Charity Commission's general and supplementary guidance on public benefit concerning Ihe Trust's aims and constantly seek to maximise the Trust's benefit to the public and community at large. Review of developments, activities and achievements in the year and plans for the future The charity continued to carry out its core objectives throughout the year with activities continued both in person and its online presence on social media websites. LuvEly offers access via several methods including Facebook and Instagram. The Trust continues to build on the firm foundations already established and is always looking for ways to improve and augment the facilities and opportunities LuvEly continues to distribute focKJ, clothing and other items to vulnerable people and those on low or no income. The Pantry offers food for all. Working on reducing food waste. Page1of3
Community work continued with an emphasis on the young, parents with small children and youth. The charity reached out to the older people in our community, through social clubs and lunches. Activities are undertaken which can be classed as 'public benefit, A panty and a food bank provide food and clothing to people in times of need. Home packs were given to people entering the local hostel some fleeing domestic violence. Free meals and support for all those in need. Food donations are taken and given to local families. Community hub drop-in and outreach to the isolated and vulnerable. Feeding the community with hot meals at the warm hub. Youth work for the benefit of secondary school-age children, offering informal education. Extensive summer programs and School holidays with activities for the community Working with elderly people who are isolated and vulnerable through social interaction, providing hot meals and informal education. o Groups for parents children and youth. o LuvEly Pantry (community fridge) o Support organisations for those with additions. o Sportsldanceldrama for teenagers Financial progress The principle applied is that individual courses & events should cover costs wherever possible and that funds should be invested with that hope. The Board of Trustees is satisfied that the charity's assets are available and adequate to fulfil its obligations. Policy on reserves The Trustees have resolved to establish reserves lo provide for future activities. The policy on reserves is that the existing assets are retained to produce income which is wholly utilised to support existing activities. There is no intention in the long term to either increase or reduce the capital held. LuvEly aims to have in place 3 months of expenditure kept in reserve. This policy is justified in that it is necessary to preserve income at the present levels to maintain the activities of the charity. Statement of Trustees, Responsibilities Law applicable to Charities in England and Wales requires the Board ofTrustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activtties during the year of its financial position at the end of the financial year. In preparing these financial statements giving a true and fair view, the Board of Trustees should follow best practiGes- Select suitable accounting policies and then apply them consistently Make judgments and estimates that are reasonable and prudent Page2013
State whether applicable accounting standards and statements of eecommended practice have been followed, subject to any departures disclosed and explained in the financial statemenls. Prepare the financial statements on an ongoing concern basis unless it is appropriate to presume that the Charity will continLte to operate. The Trustees are also responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and enable them to ensure that the financial statements comply with the requirements of applicable laws and regulations. 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. This report was approved by the Board of Trustees. Signed Giles Cornell Trustee Date 22 Join 102 Page3013
LuvEly
Report of the lndependant Examiner to the trustees on the ac�ounts of LuvEly for the year ended 31 March 2024
I report on the accounts of the Trust for the year ended 31 March 2024
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
a) examine the accounts (under sl45 of the Charities Act
b) follow the procedures laid down in the General Directions given by the Charity Commissioners under sl45 (5) (b) of the Charities Act and
c) to state whether particular matters have come to my attention
Basis of the examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners for England & Wales. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning 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
Independent Examiner's Statement, report and opinion
In connection with my examination, no matter has come to my attention
1) which gives us reasonable cause to believe that in any material respect the requirements: a) to keep accounting records in accordance with section 130 of the Act; and
b) to prepare accounts which accord with the accounting records and to comply with the accountirnz reauirements of the Charities Act
Signed by the Independent Examiner:
date: 22 January 2025
Mr Hayden Watson FCCA The MHH Partnership Els tree House, Watson's Yard High Street Cottenham CB24 8RX
CHARITY COMMISSION FOR ENGLAND AND WALES Luvgly 1141B95 Receipts and payments accounts CC16a For the p8rlod from Section A Receipts and payments Unrestricted funds Restricted fund$ Endowment funds Total funds Last year toth• nèarest to the neare5t£ lo the nBarest£ to Ihe neoregt£ A1 Recelpt8 Youth Bike Youth Club Social Club Fareshare Darl(11 Club soo 1.988 20,38Q 4,180 540 30.557 313 5,000 540 311,557 313 5.000 Sub total(Gross income for AR) 3fi410 36,4111 A2 A$$et and Investment sales, (see table). Sub total Total CeiptS 36.410 36A10 27.048 A3 Payments Youlh 8ik& Youlh Club Soryal Club Fareshare Datlodil Club Lighthovse 25 363 21,317 3,040 400 9.365 25 363 21,317 1,2 Z,824 13,170 3,727 400 9,365 Sub total 34.509 34,509 20.98t A4 Asset and Investment purchases, (see tsblel Assets 3.519 Sub total 3,518 Total payments 34,509 34,509 24.498 Net glreceipt51(payments) A5 Transfers betW8en funds A6 Cash funds last al end Cash funds this year end 1.900 1,900 2,580 1,900 1,900 2,550 CCXX R4 ar£ounls ISSI 2210112025
Section B Statement of assets and liabilities at the end of the period Unrestricted funds to n•Ar•st£ Restricted funds to neare5l£ EndowmÈnt funds gor'.es to nearest £ B1 Cash funds Bank 9,919 Cash in hand 6$ Total cash funds 9,984 (agebanceS thI91p aré payrnllts atcwr#(sll Unr¢strl¢ted fund$ lo noarfjst£ Restrlcted funds to n¢art$l £ Endowment funds to nearest £ 82 Othèr monotary a$$ets Ftsnd ttswhich asset belon CuThenl valuo Cost loptknnall Fundto whlch asset belon Unrestrifjied Currentvalu• ional B4 Assets retained for th ¢harity'$ own use Bikes FAd9è Unre51ricl8d Ftrnd to whlch relat•s Arnount duv When due B5 Liabilities Signed by one or trustoo$ on behdf of all the Iruslees Signature PrSnt Name Date ol roval CCXX R5 8ccounls ISSI 2210112025