REGISTERED COMPANY NUMBER: 07485206.(England and Wale$) REGISTERED CHARITY NUMBER: 1144839 of tho Trus Unaudi an¢lal Stateme for tho Year End ecember 2024 or Llvin Uv McLean Reid Chartéred A¢untsnts 1 Forstsl Road Aylesford Kent ME20 7AU
Llvln Livel Contents of the Financial Ststements forthey arEn December 2024 Page Report of the Trustses 1 to 3 Indopondent ExamIne$ Report Statement of Flnanclal Acllvltles Balance Sheet Notes to the Flnanclal Slatements 7 to 11 Detailed Statsment of Flnanclal Actlvitles 12
Ll Llve Re the Trustees ear Ended 31 De The trustees who are also directors of the charity for the purposes of the Companies Act 2CIJ6, pr8sent their report with the financial statements of the charity for th8 year ended 31 Decembér 2024. Thé trustees have adopt8d thé provisions of Accounting and Reporting by Charities.. Statsmént of Rewnmended Praclice applicable to charities preparing their accounts in accordan with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). OBJECTIVES AND ACTIVITIES Objectives and aim$ Living Lively is dedicated to the provision of facililies and activltlés in the interests of social welfar8. We speciaiise in the provision of professionally led singing groups for people overth8 age of 50, designed to improve Ihe health. wellbeing and quality of life of participants. Publi¢ bènefit Living Lively was created foll¢)wing a Department of Health research proj8Ct which concluded that regular participation in community based singlng could positivety impact on many aspects of physical heatth. mentsl health and wellbeing. The work of Living Lively continues to be supported by a growing body of eviden and public awaren8ss of the benefits of slnglng. Although the main activlty ofthe charity is singing groups, the outcomes ar8 not prlmarily musical. The actual outcomes Indudé réducing depression and isolalion and building soclal netsvorks for people in need. There is also consldérab eviden that tackling challenge and ao]uiring new skills has a significant impact on self-estsem and SelfwcOnfiden and may even be a key factor in life expectancy. Living Livety is almost antilY self-fvnding through the small affordable contritMthions that members make to participate in its singing groups. As such It does not consume statutory or non-ststutory funding which is therefore avallablè to other grass roots organisations working wilh Feople at community level. Living Lively is v6ry.fortunaté to have access to considerable expertise'in Arts and Health practic8 and, in addition to its re adtvities, provides help, advi and suwort to other organlsattons trying to set up and run singing groups for people OV8r SO. As with most organisations, Lmng Llvely n8eds to purchase equipment and resour in order to carry out Its wort(. Iiihere possible, Living Livety uses small local suppliérs In order to bring economic benefit to the local area. ACHIEVEMENT AND PERFORMANCE Charltable activities The main activty of Living Lively is the provision of ccmmunity based singing.groups. These meet weekly in locai venues such as church halls and community cAntres a1 Living Lively has a focus on establishing activthes in areas of limited provision wh@r8 need is greatest People who join one of our groups pay a small, affordabl8 fee whlch covers the running costs of the group. Living Lively can reduce or waive these fees at rts discretion so that the ability to pay is not a bar to participatlon. thilst regular groups are the main focus of the charity, LIn9 Llvely also provides other services. A y8ar]y event Sing Lively, brings together members of all the singing groups for one day which relnforces the work of the Chartty and allows m8mb8rs of Indtvldual groups to feel part of the wider organisation. Some groups are involved in outreach work taking slnglng to a range of venues including nursing homes and day care ntres. 0r$ have also been involved in perfomiances which has raiséd thelr local profile and led to increased participation. Page 1
Llvln Liv Re ortof for the Year Ended e Trustsas December 2024 ACHIEVEMENT AND PERFORMANCE Membership has continued to grow in 2024 and we aré progressing well towards thé aim of being entirely self funding. Once again we decided not to increase membèrship fees but to focus on attracting as many new members as possible to our groups. We successfully applied to the Natlonal Lottery Awards for All programme and receNed a grant which contributes to our work ovér a year period. For a second year, Sing Lively took pla in The King s Hall in Herne Bay and w8 are grateful to Cantsrbury City Council for supporting us. The Gift Aid scheme all¢)ws us to claim back tax paid by èligible members on donations received and this continues to be a valuable sourc8 of income. As ever, the success of Living L4vely is a credit to the quality of 8xperlence ProvbJ8J by our team of musicians and the Trustees of Living Lively are very grateful to them for all their hard work and dedication. We end 2024 very much heading in the right direction. Membership Is considerably higher than at the start ofthe year resulting in a stsble financial position as we continue to rebuild and grow. FINANCIAL REVIEW ReseNes pollcy It is still the aim of the Trustees to build reserves equal to 3 to 6 months CO operating costs which, in normal times, equates to £35,000 - £40,000. Post pandemic income and expendlture will be lower whilst we rebuild, but the Trustees are focused on long tenn sustainability and therefore this tsrget remains unchanged. Havlng used a portion of our reserves to fund an onlin6 slnglng semce during Covid, we have worked hard to rebuild our fijnds to a PrandeMiC level. Lottery grants in 2022 and 2023 helped greatly with this and a 2024 Lottery grant which is spread over years allows us to enge in longer term financial planning. The current funding climate makes ft difficult to secure funding for expansion and henc8 th8 Trustees are happy to prioritise using reserves to establish new groups as this best furthers the obJ"8cts of thè organisation at the current time. In practice this means that reseryes will continue to used to fijnd pilot projects for Ihe creation of new groups and the reseNes will continue to be short of the target As the groups are largely self-funding and no part of Living Lively is wholly depeThJent on external funding this should not caus8 undu8 concem. The board of trustees is satisfied that the charivs assets in each fund are available and aequate trj fvlfil its obligation8 in respect of each fvnd. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng document At the start of 2011 Living Lively was gov8med by Memorandum and Articles of Association for a Company Limited by Guarantee (7th January 2011). When it became a Regist6red Charity a new MemoraTrJum and Articles of Association were adoptsd and approved by the Charity Commission (17th NOveMr 20111. Living Lively is managed by a group which includes th8 Trustees and Creative Lead. This group meets fonnally four times per year and is also regulady involved in front line activities. All Trustees give their tim8 voluntarfly and receive no benefit or remuneration from Living Lively. Recruilment and appolnlment of new trustees The directors of the company are also Charity trustees for the purpos8s of charity law. All Trustees are expected to become invotved in front line actlvltles as this engenders a clear understanding of the work of Living Lively. Trusts8s aré recruited based on the identified needs of the charfty. These include an awareness of the issues involved in managing a charity as well as dlrect experien in leading charitable organisations. Trustees are recruited in accordan with best practic8 guidelines provided by the Charity Commission. Page 2
Livln ort of th T stees for the Year En èd 31 December 2024 Organisational structure The trustees delegate day to day management of Living Lively to Mr Matthew Raisbeck. Rlsk management The Trustees remain aware of the rfsks to which Living Lively is exposed and any concems a discussed and action plans formulated during Board meetings. Unllke the majority of charities, Living Lively is largely self fundlng and hen does not have an over-dependence on extemal funders to secure its future or tharitable activitl8S. 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 del(ver front line activities are monitored to ensure that this doe8 not happen and feedback is collecied from partidpants to shape Servi provision. The Living Lively model is frequently copied by private organisations 8nd sole.traders however no local competition has proved to be a threat to any Singing group. Indeed mary groups have grown due to an increased k)1 awareness of singing and the quality of our musicians. REFERENCE AND ADt441NISTRATIVE DETAILS Reglstered Company number 07485205 (England and Wales) Registered Charity number 1144839 Reglstered office 1 Forstal Road Aylesford Kent ME20 7AU Trustees Ms S M Powell Ms G Heywood Mr G R Margery Director Director Director REFERENCE AND ADMINISTRATIVE DETAILS Independent examiner John Champion Chartered Accountant M¢Lean Rèld Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small ¢ompanSes. Approved by order of the board of tTUStees on 20 March 2025 and slgned on Its behalf by.. Ms G Heywood - Tru ee Paae 3
Inde endent EXamInea Re Llvln Llv ort to the Truate Independent examlner's report to the trustees of Llving Uvely Cthe Company,) I report to the charity trustees on my examlnation of the account8 of the Company for the year ended 31 December 2024. Responslbllilies and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordan with Ihe requirements of the Companies Act 20CE ('the 21]06 Acv). Having satisfied myself that the accounts of the Company are not requlred to be audtted under Part 18 of the 20C6 Act and are eligible for independent éxamlnation, I report in respect of my examination of your charity's accounts as Carried out under Section 145 of the Charities Act 2011 fthe 2011 A¢V). In carrying out my examination I have followed the Directions given by the Charfty Commission under Section 145(5) (bl of the 2011 Act. Independent examiner's ststement I have completed my examination. I confinn that no matters have come to my attention in connection wth the examination giving me ¢au* to believe: accountlng record8 were not kept In respect ofthe Company as requlred by Section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of Section 396 of Ihe 2006 Act other than any requlrement that the attounts gEve a true and fair view whlch is not a matter consldered 88 part of an independent examination,. or Ihe accounts have not been prepared in accordan wth the methods and principles of the Statement of Recommended Practice for accounting and repo'rting by charities (applicable to charfties pparIng their accounts in accordan with the Financial Reporting Standard 8pplicable in the UK and Republic of Ireland (FRS 10211. I have no conrkrns 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 a¢¢ounts to be reached. John Champion McLean Reid Chartered Accountants 1 Forstal Road Aylesford Kent ME20 7AU 21 March 2025 Page 4
Livin Ll tatsinent of Fin l Activities for the Ye ded 31 Decem 2024 Total fvnds 2023 Total funds Unrestrictéd Jnd Restrictsd fijnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 71.487 9,321 80,808 78,846 Investrment income 477 477 28 Total 71,964 9,321 81,285 78,874 EXPENDITURE ON Charftable activltles Core activities Sing Lively Support costs Choirs for Communities Positiv8 Agelng 59,829 1,755 3,194 59,829 1,755 3,194 1,890 60,748 1,714 2.221 8,190 1,890 9,220 Other 3,293 3,293 Total 68.071 76,597 NET INCOMEI(EXPENDITURE Transfers between funds 3,893 (1,789) 449 2,104 2,277 10 Not movement In funds 3,444 {1,340) 2,104 2,277 RECONCILIATION OF FUNDS Total funds brought forward 49,836 1.340 51,176 48.899 TOTAL FUNDS CARRIED FORWARD 53,280 53,280 Th8 not8s form part of these ffinancial statements Page 5
Livin Livel Balan 31De e Sheet er 2024 2024 Totsl funds 2023 Total funds Unrestricted fund Restricted funds Notes CURRENT ASSETS Debtors Cash at bank 109 54,313 109 63,633 52.026 54,422 9,320 63,742 52,OT6 CREDITORS Amounts falling due within one year {1,142) {1,142) 19001 NET CURRENT ASSErs 53,280 9.320 TOTAL ASSETS LESS CURRENT LIABILITIES 53,280 9,320 62,800 51,176 ACCRUALS AND DEFERRED INCOME 19,320) (9,320) NET ASSETS 53,280 53,280 51,176 FUNDS Unrestricted fund5 Reslrlct6d funds 10 53,280 49,836 1,340 TOTAL FUNDS 53,280 The charitable company is entitled to exemption from audit under Section 477 of the Companles Act 20C6 for the year ended 31 December 2024. The members have not required the company to obtsin an audit of its financial statements for the year ended 31 Dember 2024 in accordance with Section 476 ofthe Companies Acl 2006. The trustees acknowledge their responsibilities for (a) ensuring that the tharltable company keeps accounting records that ¢omFAy wlth Sections 386 and 387 of the Companies Act 2006 and preparing finan¢i81 ststements which give a true and falr vlew of the state of affairs of the charitsble company as at the end of each financial year and of Its surplus or deficit for each finanaal year In accordance with the requirements of Sections 394 and 395 and which otherwise comply wth the requlrements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b} These finanaal statements have been prepared in accordan with the provisions appllcable to ¢haritable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and auihorised for issue on 20 March 2025 and were signed on its behalf by.. Ms S M Powell - Trustee Ms G Heywood - Trustee The notes forn part of these financial statements Page 8
Livi Notss to the Fl for tho Year End Clal Staterne ecember 2024 ACCOUNTING POLICIES Ba818 of preparfng the ffinan¢lal statsments The financial statements of the charitabl8 company, which is a public b8nefrt entity under FRS 102, have been prepared in accordan with the Charities SORP {FRS 102) Accounting and Reporting by Charities.. Statement of Recommended Practice appllcablè to charities preparlng their accounts in accordanc8 with the Financial Réporting Standard applicablé In thè UK and Republic of Ireland (FRS 102) (effective 1 January 20191,, Financial Reporting Standard 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland, and Companies Act 21)J6. The financtal statements ha been preparwj under the historfcal cost convention. No materiai UnrtaInlieS that may cast slgnificant doubt about th8 ability of thè company to continu8 as a going concern have been id8ntifi8d by th8,dlrectors. Incomè All inc¢)me ts recognl8ed In the Statement of Flnanclal Actiwties On the charity has onltlement to the funds, It Is probable that the income will te received and th8 amount can be measured reliably, Expendltur• Liabilities are rerJ)gnised as oxpethliture as soon as there18 a legal or constructive obllgallon Commttttng the charity to that expenditure, it is probable that a transfer of economlc benefits will be requlred In settlement and the amount of the obligation can be measured reliably. Exp8ndltur8 is aUnted for on an accruals basis and has been cla8Stfied under headings that aggregate all cost related to th8 category. ere Costs cannot be directly attTibuted to partlcular headlngg Ihey have bean allcKated to a¢tivi1195 on a baslg consistent with the u88 of resources. Tanglble flxed asse18 Depreciatson is provided at the following annual rates In order to write off each 88set over its estimatsd useful life. Plant and machinety 25% on cost Taxatlon The charity18 exempt from corporation tax on its charitsble activities. Hlre purcha80 and lea8lng eomrnltmants R8ntal8 paid under operating leases are charged to Ihe Statement of Financlal Actlviti88 on a straight line basls over thé period of the lease. Fund accountlng Unr88trlct8d funds can be used in accordancAg With the charftable objectives at tha d18cretlon of the tru8tees. Restrlcted fund8 can only b8 U88d for partlcular r88trl¢t8d purposes within the objects of the charity. R8strlclion8 arise when specified by the donor or when ndS are raised for particular restricted purposes. INVESTMENT INCOME 2024 2023 Deposlt a¢count Inter88t 477 28 NEf INCOMEI{EXPENDITURE) Net incomel(expeThJiture} is stated after chargingllcredltlng).. 2024 2023 Other operating leases 1,752 Page 7 conunued...
Llvln Livel Notes to anclal Statements - nued for the Year Ende ecember 2024 TRUSTEES. REMUNERATION AND BENEFITS Thar8 were no trustees. remuneration or other beneffts for th6 year endèd 31 D8cemb8r 2024 nor for the yèar ended 31 December 2023. Trttee8. expenses There were no trust88s' expenses paid for the year ended 31 December2024 nor for the year ended 31 December 2023. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted fund Restrlcted ftjnds Total Jnds INCOME AND ENDOWMENTS FROM Donath'ons and legacles 89,548 9,3C(I 78,848 Investment income 28 28 Total EXPENDITURE ON Charftable adlvllle• Core activiti88 Slng Lively Support Costs Cholrs for CiJmmunltte8 60,748 1,714 2,221 60,748 1,714 2,221 8,190 8,190 Other Total NET INCOME 1,167 1,110 2,277 RECONCILIATION OF FUNDS Totsl funds brought forward 48,669 230 48,899 TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED A&8ET8 Plant and machln8ry COST At 1 January 2024 and 31 December 2024 DEPRECIATION At 1 January 2024 and 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 Page 8 continued...
Livin Notes to the Fin Statsments - eonlln the Year Ended 31 ber 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments 20 89 20 109 50 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 AccruaEs and deferred income Accrued expenses 960 182 900 900 ACCRUALS AND DEFERRED INCOME 2024 2023 D&fèrred grants 10. MOVEMENT IN FUNDS Net .m0Ment in funds Transfers bètsveen fijnds At 31.12.24 At 1.1.24 Unrestrlctsd funds General fund 49,836 3,893 (449) 53,280 Restrfctsd funds Awards for All Choirs for Communities Posibve Ageing 230 1,110 230 (780) 550 (1,890) 101 1.340 1,789 449 TOTAL FUNDS 51.176 Net movement in fvnds, Included in the above are as follows: Incoming resources Resourcés expended Movement in funds Unrestrlcted funds Géneral fund 71,964 (68,071) 3,893 Restrlcted funds Choirs for Communities Positsve Ageing (1,890) (1,890) 101. 9.321 9,321 11,110 1.789 TOTAL FUNDS 79,181 Page 9 continued...
Livin Liv Noles to the Finan for the Year End ents - contlnued ecember 2024 10. MOVEMEKf IN FUNDS - contlnued Comparatlves for movement In fund8 Net movément in fvnds At 1.1.23 31.12.23 Unrestricted fvnd8 General fund 48,669 1,167 49,836 Restrlctsd lunds Awards for All Choirs for Communities 230 230 1.1.10 230 1,110 TOTAL FUNDS 51.176 Comparative net movement in funds, included in Ihe above are as follows.. Incoming resources Resourcés expended Movement in funds Unrestrlctsd funds General fund 69.574 (68,4071 1,167 Restrictsd funds Choirs for Communities 9,300 (8,190) 1,110 TOTAL FUNDS 78.874 6,5971 2.277 A current year 12 months and prior year 12 months combined position is as follows: N8t movement In funds Transférs between funds At 31.12.24 At 1.1.23 Unrestrlcted funds General fund 5,060 (449) 53,280 Restricted fund8 Awards for All Choirs for Communities Positive Ageing 230 230 {780) 550 {780) 101 449 230 TOTAL FUNDS 48.899 Page 10 contlnued...
Iv Notes to the Financial S ents - contlnued for nded 31 December 2024 10. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movemetrt in funds, included in the above are as follows.. Incoming resources Resour éxpènded Movemént in funds Unrestrictsd funds General fund 141,538 (136,478) 5,060 Restrictsd funds Choirs for Communibes Positive Ageing 9,300 9,321 (10,080) (780) 101 18,621 679 TOTAL FUNDS 160 159 {155.778 11. RELATED PARTY DISCLOSURES There were no relatsd paty transactions for the year ended 31 Decemb8r 2024. Page 11
Livin Liv Detailed t of Flnancial Aclivities for tho Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacles Donations Gift aid Positive Ageing Grant- restricted fund Choirs For Communities Grant- restricted fund 66,439 5,049 9,320 64,697 4,849 80,808 78.846 Investment Income Deposit account interest 477 28 Totsl incoming resourtss 81,285 78,874 EXPENDITURE Charitable activities Core activibes Venues Facilitators Refreshmenls ReSOurS Travel Printing 10,978 49,240 310 647 112 297 61.584 10,696 50,365 289 829 124 159 Positive Ageing- Restrlcted Fund Venue fee support Musician fees Musical resour design Musical report printing 6,480 76 9,220 Choirs For Communltles- RestrlctedFund Vénué Musicians fees Colleding & collating 1,040 850 2,440 4,550 1.200 Office costs Stsff - travel Postage and stationery Websits and IT 2,640 380 174 3,194 1,740 307 174 Support costs Govemanco costs Sundries Insuran Accountancy and legal fees Rent arKi rates Training 26 152 1,613 1,783 150 182 3.293 Total resources expanded 76.597 Net expenditure 2,104 2,277 This page does not fomi part ofth8 Statutory financial ststements Page 12