**REGISTERED COMPANY NUMBER: 07485205 (England and Wales) REGISTERED CHARITY NUMBER: 1144839** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2022** **for Living Lively** McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU **Living Lively** ## **Contents of the Financial Statements for the Year Ended 31 December 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 4| |**Independent Examiner's Report**|5| |**Statement of Financial Activities**|6| |**Balance Sheet**|7| |**Notes to the Financial Statements**|8 to 11| |**Detailed Statement of Financial Activities**|12| **Living Lively** ## **Report of the Trustees for the Year Ended 31 December 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. 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** Living Lively is dedicated to the provision of facilities and activities in the interests of social welfare. We specialise in the provision of professionally led singing groups for people over the age of 50, designed to improve the health, wellbeing and quality of life of participants. ## **Public benefit** Living Lively was created following a Department of Health research project which concluded that regular participation in community based singing could positively impact on many aspects of physical health, mental health and wellbeing. The work of Living Lively continues to be supported by a growing body of evidence and public awareness of the benefits of singing. Although the main activity of the charity is singing groups, the outcomes are not primarily musical. The actual outcomes include reducing depression and isolation and building social networks for people in need. There is also considerable evidence that tackling challenge and acquiring new skills has a significant impact on self-esteem and self-confidence and may even be a key factor in life expectancy. Living Lively is almost entirely self-funding through the small affordable contributions that members make to participate in its singing groups. As such it does not consume statutory or non-statutory funding which is therefore available to other grass roots organisations working with people at community level. Living Lively is very fortunate to have access to considerable expertise in Arts and Health practice and, in addition to its core activities, provides help, advice and support to other organisations trying to set up and run singing groups for people over 50. As with most organisations, Living Lively needs to purchase equipment and resources in order to carry out its work. Where possible, Living Lively uses small local suppliers in order to bring economic benefit to the local area. Page 1 **Living Lively** ## **Report of the Trustees for the Year Ended 31 December 2022** ## **ACHIEVEMENT AND PERFORMANCE Charitable activities** The main activity of Living Lively is the provision of community based singing groups. These meet weekly in local venues such as church halls and community centres and Living Lively has a focus on establishing activities in areas of limited provision where need is greatest. People who join one of our groups pay a small, affordable fee which covers the running costs of the group. Living Lively can reduce or waive these fees at its discretion so that the ability to pay is not a bar to participation. Whilst regular groups are the main focus of the charity, Living Lively also provides other services. A yearly event, Sing Lively, brings together members of all the singing groups for one day which reinforces the work of the Charity and allows members of individual groups to feel part of the wider organisation. Some groups are involved in outreach work taking singing to a range of venues including nursing homes and day care centres. Others have also been involved in performances which has raised their local profile and led to increased participation. 2022 was the first full year of singing following the Covid pandemic. We had resumed live singing in 2021 but with a reduced number of groups as some groups were going to require a level of subsidy that was not prudent given the challenges of rebuilding. During 2022 we have worked hard to rebuild the groups and attract new members, and this has been largely successful. Membership at groups was approximately 30% lower than pre-pandemic and this presented a real challenge to our funding model. We produced new printed publicity material and also ran adverts and features in local print media. Community Ad, who publish across Kent, generously ran brief editorial features on several of our groups and these attracted a good number of new members. For the first time in almost 10 years, we increased the membership contribution paid by our members. This has enabled us to deal with the increased hire fees imposed by many venues due to rises in energy costs. We successfully applied to the National Lottery Award for All programme for a grant to subsidise several of the smaller groups and this made a considerable difference to our finances. This grant also contributed to Sing Lively 2022 which was held at The Great Hall at Kent College as the SAGA Pavilion was not available. The Gift Aid scheme allows us to claim back tax paid by eligible members on donations received and this continues to be a valuable source of income. Phil Self decided that it was time to leave Living Lively and the Trustees would like to record their thanks to him for almost 10 years of hard work and dedication to Living Lively. Charlie Hannah, who had taken over the Herne group in 2021, took over the Barham group and Jon Beetham was recruited to take over the Whitstable group. We end 2022 very much heading in the right direction. Membership is considerably higher than at the start of the year resulting in a stable financial position as we continue to rebuild and grow. Page 2 **Living Lively** **Report of the Trustees for the Year Ended 31 December 2022** ## **FINANCIAL REVIEW** ## **Reserves policy** It is still the aim of the Trustees to build reserves equal to 3 to 6 months core operating costs which, in normal times, equates to £25,000 - £50,000. Post pandemic income and expenditure will be lower whilst we rebuild, but the Trustees are focused on long term sustainability and therefore this target remains unchanged. The Trustees have always ensured that Living Lively is run in a prudent way and this meant that we started the Covid pandemic in a strong financial position. During 2020 and 2021 we used a portion of our reserves. It was decided to use reserves to fund payments to musicians to provide an online service, whilst ensuring that we would be able to restart and rebuild as soon as group singing was permitted. In 2022 we came very close to breaking even and the aim is to return to running a surplus in 2023 and rebuilding our reserves to a pre-Covid level over the next two to three years. The current funding climate makes it difficult to secure funding for expansion and hence the Trustees are happy to prioritise using reserves to establish new groups as this best furthers the objects of the organisation at the current time. In practice this means that reserves will continue to be used to fund pilot projects for the creation of new groups and the reserves will continue to be short of the target. As the groups are largely self funding and no part of Living Lively is wholly dependent on external funding this should not cause undue concern. The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** At the start of 2011 Living Lively was governed by Memorandum and Articles of Association for a Company Limited by Guarantee (7th January 2011). When it became a Registered Charity a new Memorandum and Articles of Association were adopted and approved by the Charity Commission (17th November 2011). Living Lively is managed by a group which includes the Trustees and Creative Lead. This group meets formally four times per year and is also regularly involved in front line activities. All Trustees give their time voluntarily and receive no benefit or remuneration from Living Lively. ## **Recruitment and appointment of new trustees** The directors of the company are also charity trustees for the purposes of charity law. All Trustees are expected to become involved in front line activities as this engenders a clear understanding of the work of Living Lively. Trustees are recruited based on the identified needs of the charity. These include an awareness of the issues involved in managing a charity as well as direct experience in leading charitable organisations. Trustees are recruited in accordance with best practice guidelines provided by the Charity Commission. ## **Organisational structure** The trustees delegate day to day management of Living Lively to Mr Matthew Raisbeck. ## **Risk management** The Trustees remain aware of the risks to which Living Lively is exposed and any concerns are discussed and action plans formulated during Board meetings. Unlike the majority of charities, Living Lively is largely self funding and hence does not have an over-dependence on external funders to secure its future or charitable activities. The main risk to which Living Lively is exposed is that a drop in standards of front line activity could result in a sudden drop in participants. Facilitators contracted to deliver front line activities are monitored to ensure that this does not happen and feedback is collected from participants to shape service provision. The Living Lively model is frequently copied by private organisations and sole traders however no local competition has proved to be a threat to any singing group. Indeed many groups have grown due to an increased local awareness of singing and the quality of our musicians. Page 3 vln Livè of the Tru for the Year End￿ 31 Decemb•r 2022 REFERENCE AND ADMINISTFL4TIVE DETAILS R•glst¢red Compary numb•r 07485205 (England and Wales) Regist•rnd Charity nurnb•r 1144839 R•glst•rnd offiee 1 Forstsl Road Aylesford Kent ME20 7AU Trust••8 M$ S M Powell Diiector Ms G Heywood Dirèctor Mr G R Margery Director Indèptrndent Examln•r John Champion Chartered Accountant McLean Reid Chart&red Att¢untants 1 For8tal Road Aylesford Kent E20 7AU This rèwt has been prepared In accordance with the sped81 yovision5 of Part 15 of the Companies Act 20Ce relallng to small companies. Approved by order of the board of trustee$ ¢)n 12 May 2023 and signéd on Ils bèhalf by: Ms G Heybvood- Trust Pa9e 4 Indè ndont Examlnerfs Re Llvln Llve rt to the Tru$te•8 of Indewndent examlnerfs report to th• truste•s of Uving Lively fthe Company'l report lo the charity truste￿ on my 8xaminalion of the aCc￿nts of Ihe Company for the year ended 31 OecEmber 2022. R••ponslbllltl•s and basss of r•port As the charitls trustees ofthe Cownpany {and also its directors for the purposes of CL￿panY lawl you ale responsible for the preparation ofthe acrKgunts in arLordance Mth the requ1￿MentS of Companies Act 20Cfj flhe 2LMX ACVI. Having satisfied myseK that the acrK•unts ol the Company are not required to be audited under Part 16 of the 20f6 Act and a￿ digible for independent examination, I report in iesp8Ct of my examination of your chariws acn)unts as carried out undgr Se¢bon 145 of tho Charities Aet 2011 Ilhe 2011 A￿. In carrying out my examinatson I have followed the Directions g￿en by the Charfty Commlssion under Section 145151 Ib) ol t￿ 2011 Act. Ind•p8nd•nt •xamIn•￿5 stat•m•nt I havg ¢ompletod my axamination. I confimi that no matters have cxjme to my attention in connectwjn wth the èX8minatlon giving mè caus8 to ￿li￿Ve.. accounkn'ng records were r￿1 kept in respect of the Ccffnpany as required by Section 386 of the 2C#J6 Act., or the accounts do not ac￿rd with those records,. or the ￿Counts do not compty with the acrounling requirements of Section of the 2(￿6 Act other than any requifemenl that the accnunts give a true and fair view which is not a matter considered as part of an iNl8p8ndènt èxamination,, or the accixjnts have not been prep8red In acCOrda￿e with the methorls and prindpkn of the Slalement of Recommended Practice for accounting and reF4)rting by charities (applicable lo charities preparing their acLounts in accordance with the FinancAal Reports'ng Standard applicable in the UK and Republic of Ireland {FRS 1￿2)1. I have no c￿nceM$ and have come atxoss ￿ oth&r matters in connection wlh the examlnation to which 8ttenlion should be drawn in thi$ report in or¢Jor lo onabb o proper undwstanding of a¢¢¢unts lo be reathd. John Champion Chartered Accountant cLé8n Reid Chartered Arxountants 1 Forsl81 Road Aylèsfor Kenl ME20 7AU Date.. 15 May 2023 Pa￿5 ## **Living Lively** ## **Statement of Financial Activities** |**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Core activities
Sing Lively
Support costs
Awards for All
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**for the Year Ended 31 December 2022**
Unrestricted
Restricted
fund
funds
Notes
£
£

64,789
8,350
2
152
-
57,422
-
1,254
-
2,858
-
-
8,120
3,914
-
65,600
8,120
(811)
230
49,480
-

48,669
230|2022
Total
funds
£
73,139
152
57,422
1,254
2,858
8,120
3,914
73,720
(581)
49,480
48,899|2021
Total
funds
£
34,644
-
36,618
-
2,952
-
4,056
43,626
(8,982)
58,462
49,480| |---|---|---|---| The notes form part of these financial statements Page 6 Livin ve alance Sh 31 Dec•mber 2022 2022 Total nds 2021 Total funds Unrestrict8d fund Restricted funds Notes CURRENT ASSETS Debtors Cash al bank 278 49,291 278 49,521 244 50.517 230 49,569 230 49,793 50,761 CREDITORS ArTh)unts falling due one year 19001 {1,2811 NET cuRRETr￿ ASSETS 48,669 230 48.899 49.480 TOTAL ASSETS LESS CURRENT LIABIUTIES 48.669 230 48,B99 49,480 NET A$S￿s 48,669 230 48,899 FUNDS Unrestricted fvnds R•StriCt￿ fvnds 48,669 230 49,480 TOTAL FUNDS 48,899 49.480 The Charitab￿ cornpany is entitled to exernption from audit under Section 477 of th¢ Companies Act 2CK6 for the year ended 31 Decemb&r 2022. The members have not required the company to djtain an autht of its finano'81 statements for the year ended 31 De(*mt*r 21Y22 in ￿rdance with Section 476 of the C{￿panI¥S Ad 2CQ6. The INslees a¢knowledge their resF)onsibilrties for lal ensuring that the charitable c*)rnpany keeps accountlng rec4)rds that comply Sections 386 and 387 of the Compan*s Ad 20Ch% and preparin9 fin¥nrAal Statements which giv¥ a true and fair view of the state of affairs C*f the charitable company 8$ al the end of each ffinan¢ial year and of ils surplus or deficit for e*h finanrial year in accordance with the requirements of Sections 394 and 395 and which otherwsè comply with the requirements of the Compani88 Act 2CIX relating lo fin8naal statements, so far as appli(gblo lo the Charilable company. Ib) These financtral statements have been prepared in ac￿rdanCe with the provision$ applicable to d)arilable companies subject to th& Small ¢ThTwnies regime. The finanryal ststements were approved by the Board of Trustees and aulh0ri8ed for issue on 12 May P023 and were sign8d on its behalf by= Ms M Powell- Twstee Ms G Heywood - Trustee The noles form part of th￿ finanoal statements Page 7 **Living Lively** **Notes to the Financial Statements for the Year Ended 31 December 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention. No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. ## **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. ## **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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 25% on cost ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **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. ## **2. RAISING FUNDS** |**Investment management costs**||| |---|---|---| ||2022|2021| ||£|£| |Support costs|152|-| |**NET INCOME/(EXPENDITURE)**||| |Net income/(expenditure) is stated after charging/(crediting):||| ||2022|2021| ||£|£| |Depreciation - owned assets|-|61| |Other operating leases|2,100|2,100| ## **3. NET INCOME/(EXPENDITURE)** Page 8 continued... **Living Lively** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021. |**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||| |---|---|---|---|---|---| |||Unrestricted||Restricted|Total| |||fund||funds|funds| ||||£|£|£| ||**INCOME AND ENDOWMENTS FROM**||||| ||Donations and legacies|34,644||-|34,644| ||**EXPENDITURE ON**||||| ||**Charitable activities**||||| ||Sing Lively|36,618||-|36,618| ||Support costs||2,952|-|2,952| ||Other||4,056|-|4,056| ||**Total**|43,626||-|43,626| ||**NET INCOME/(EXPENDITURE)**|(8,982)||-|(8,982)| ||**RECONCILIATION OF FUNDS**||||| ||Total funds brought forward|58,462||-|58,462| ||**TOTAL FUNDS CARRIED FORWARD**|49,480||-|49,480| |**6.**|**TANGIBLE FIXED ASSETS**||||| ||||||Plant and| ||||||machinery| ||||||£| ||**COST**||||| ||At 1 January 2022 and 31 December 2022||||3,247| ||**DEPRECIATION**||||| ||At 1 January 2022 and 31 December 2022||||3,247| ||**NET BOOK VALUE**||||| ||At 31 December 2022||||-| ||At 31 December 2021||||-| Page 9 continued... **Living Lively** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**7.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| |---|---|---|---|---|---| |||||2022|2021| |||||£|£| ||Other debtors|||195|195| ||Prepayments|||83|49| |||||278|244| |**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||| |||||2022|2021| |||||£|£| ||Trade creditors|||-|181| ||Accruals and deferred income|||900|1,100| |||||900|1,281| |**9.**|**MOVEMENT IN FUNDS**||||| |||||Net|| |||||movement|At| |||At 1.1.22||in funds|31.12.22| |||£||£|£| ||**Unrestricted funds**||||| ||General fund|49,480||(811)|48,669| ||**Restricted funds**||||| ||Awards for All||-|230|230| ||**TOTAL FUNDS**|49,480||(581)|48,899| ||Net movement in funds, included in the above are as follows:||||| |||Incoming||Resources|Movement| |||resources||expended|in funds| |||£||£|£| ||**Unrestricted funds**||||| ||General fund|64,789||(65,600)|(811)| ||**Restricted funds**||||| ||Awards for All|8,350||(8,120)|230| ||**TOTAL FUNDS**|73,139||(73,720)|(581)| ||**Comparatives for movement in funds**||||| |||||Net|| |||||movement|At| |||At 1.1.21||in funds|31.12.21| |||£||£|£| ||**Unrestricted funds**||||| ||General fund|58,462||(8,982)|49,480| ||**TOTAL FUNDS**|58,462||(8,982)|49,480| Page 10 continued... **Living Lively** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022** ## **9. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|34,644|(43,626)|(8,982)| |**TOTAL FUNDS**|34,644|(43,626)|(8,982)| A current year 12 months and prior year 12 months combined position is as follows: ||||Net|| |---|---|---|---|---| ||||movement|At| ||At 1.1.21||in funds|31.12.22| ||£||£|£| |**Unrestricted funds**||||| |General fund|58,462||(9,793)|48,669| |**Restricted funds**||||| |Awards for All||-|230|230| |**TOTAL FUNDS**|58,462||(9,563)|48,899| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|99,433|(109,226)|(9,793)| |**Restricted funds**|||| |Awards for All|8,350|(8,120)|230| |**TOTAL FUNDS**|107,783|(117,346)|(9,563)| ## **10. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2022. Page 11 **Living Lively** ## **Detailed Statement of Financial Activities** ## **for the Year Ended 31 December 2022** |2022
£
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
60,635
Gift aid
4,154

Awards For All Grant – restricted fund
8,350
Total incoming resources
73,139
**EXPENDITURE**
**Charitable activities**
**_Core activities_**
Venues
11,882
Facilitators
45,575
Refreshments
227
Resources
552
58,236
**Awards For All – Restricted Fund**
Musicians fee subsidy
5,800
Pilot – musicians fees
540
Pilot – venue
180
Venue hire
600
Whole day event – musicians fee
800
Whole day event – lunchtime activities
200
8,120
**_Office costs_**
Staff – travel
2,400
Postage and stationery
284
Website and IT
308
Plant and machinery depreciation
-
Publicity
306
3,298
**Support costs**
**Governance costs**
Sundries
13
Insurance
152
Accountancy and legal fees
1,736
Rent & rates
2,165
4,066
Total resources expanded
73,720
Net expenditure
(581)|2021
£
32,520
2,124
-| |---|---| ||34,644| ||3,085
33,210
110
213| ||36,618| ||-
-
-
-
-
-| ||-| ||2,380
329
182
61
-| ||2,952| ||13
147
1,665
2,231| ||4,056| ||| ||43,626| ||| ||(8,982)| This page does not form part of the statutory financial statements Page 12