LUTON RIGHTS LIMITED Registered Company No. 5828180 (England and Wales) Registered Charity No. 1146500 ACCOUNTS 31ST MARCH 2024
LUTON RIGHTS LIMITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 CONTENTS PAGE Report of the Trustees Statement of Financial Activities 10 Balance Sheet 11 Notes to the Accounts 12 Independent Examiners, Report to the Trustees 19
Page 1 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The Trustees, who are also Directors of the charity for the purposes of Company Law, present Iheir annual report together with ihe accounts for the year ended 3 1st March 2024. They are prepared in accordance with the accounting policies set out in note I to the accounts and coniply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and Accounling and Reporting by Charities: Slatemenl of Recommended Practice applicable to charities preparing their accounts in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1st January 2019). OBJECTIVES AND ACTIVITIES Objects and aclivity The charity'5 objecls are.. the relief of unemployment for Ihe public benefit in such ways as may be ihoughi fil including assislance to find employment. the relief of poverty through the provision of advice, infonnalion and legal represenlalion. The beneficiaries of Ihese object5 are all adults who live in the Unitary Authoriiy of Lulon and the surrounding area within Bedfordshire, The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing their aims and objectives and in planning future activilies. In particular, the Trustees consider how planned activities will contribute lo the aims and objectives they have set. ACHIEVEMENTS AND PERFORMANCE Luton Rights is a registered charity in Luton, dedicated to providing local residents, especially ihe vulnerable. with high-quality free advice, casework, and representation. Our services include specialist welfare benefits, community oulreach, family medialion, HMCTS support, and partnerships with Luion Borough Council, Citizens Advice Luton, Luton Law Centre, and Lulon Irish Forum, as part of Luton Access. The Luton Access partnership continues to receive financial support from the Community Investment Fund, adniinistered by Bedfordshire and Lulon Community Foundation. This funding enables us to provide core services lo residenls. However, the funding has been reduced compared to pre-COVID times, making il challenging io mainlain these services. A new three-year funding programme starting in April 2024 ha5 been agreed upon, with a 50/0 reduction year on year from 2025. The three year funding model will provide stability as it allows us to plan services according to our income. However, the year on year reduclion in real ternis, means services may have to be cut accordingly. The fiscal year 2023-2024 has been challenging due to increased demand for our services, driven by the financial difficulties residents face from the rising cost of Itving. The Beds and Luton Community Foundation remained our primary source of income. In January 2023, funding from SEMLEP ceased, leading to the planned closure of our employment support project. This has been a significant Ios5 for both our organisation and Luton residents, who continue lo experience disproportionately high rates of unemploymenl and economic iiiactivity. Throughout the year, Specialist Welfare Benefits Advice and Casework were provided from Commiiniiy House and specific outreach localions. Family Mediation services continued from King Street.
Page 2 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 ACHIEVEMENTS AND PERFORMANCE fcomfinued) In 2023-2024, we introduced a dedicated adviceline, which was successful. However, many people seeking advice preferred in-person support due lo additional barriers. We have decided to keep the phone advice option available during our opening times to manage and sustain the service with our limited resources. A small grant from the Community Juslice Foundation enabled us to provide additional outreach resources to help clients with form filling, a significanl need in the community. The demand for forni filling and online claims remains very high. Since June 2022, Luton Rights has partnered wilh We Are Group io offer online assislance with HMCTS forms. This partnership has allowed us to create additional revenue streams while offering supplementary services like free divorce application assistance, which clients would otherwise have to pay for if using a private firm. The overall demand for Specialist Welfare Benefits far exceeds our limited resources, resulting in a continuing waiting list. We express our gralilude to our staff and volunteers for their hard work in supporting our service users during ihls difficult time. We also Ihank our service users for their understanding and cooperation. Finally, we extend our thanks to our partners and funders for their continued support. During the year, Luton Righls has provided: Specialist Welfare Benefits advice and casework, including appeals and representation at tribunals. Community outreach advice at the Centre for Youth and Community Development and Bury Park Community Centre. focusing on increasing access lo advice for the mosl vulnerable and disadvanlaged. Family mediation services for Lulon resident5 who are Separating or fa¢ing divorce. Cost of Living project, providing holistic advice and casework to individuals facing hardship due to the cost-of-living crisis until December 2023. HMCTS Digital Support in partnership with We Are Group, providing online support for individuals with His Majesty's Courts and Tribunal Service's foms. Digital Supporl Projeet, addressing digital exclusion by supporting individuals with their online claims and PToviding those in data poverty wilh mobile SIM cards, allowing them six months of free calls and dala donated by the Good Things Foundalion, During the year Luton Rights provided direct intervention for 1,870 clients Compared to 1,547 from the previous year. Specialist Welfare Benefits account for 800/0 of all Luton Right5 work. 543 clients were seen in community Outreach locations for advice.
Page 3 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 ACHIEVEMENTS AND PERFORMANCE feonlinued) The breakdown by issue is as follows,. Welfare Benefits HMCTS Su ort Housin Famil Mediation General Total 1496 164 85 80 45 1870 Total Financial Gains for clients: Luton Rights, clients received £5,432,415 worth of Welfare Benefits that they were entitled to but were unable to access without direct intervention from our advisers. This is a substanlial increase from the previous year of £3,874,511 which could be attributed to the additional support provided by compleling benefit claim fornis for those who are not able to do so themselves. Data taken from our records shows we worked with: Gender profile Male Female 470/0 530/0 Age profile Over two thirds of clients seen were between the ages of 35 and 64. with the next largest group over 65. Under 17 17-24years 25-34 years 3549 years 50-64 years Greater than 65 330/0 35% Age Profile Under 17 17-24 25-34 35-49 50-64 Greater tlian 65
Page 4 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 ACHIEVEMENTS AND PERFORMANCE (coThllnMedJ Ethnlefity profile 58 % of clients were of South Asian heritage. The next highest is White British with 14 % . This increase in clients from Ihe Soulh Asian Community is due to the targeted outreach work which being carried out within the deprived communities in Luton. Ethnicity Profile Unknown Other Romany, Gypsv.. Chinese h Black OtheT Black Afiican Bl&k C3Tibbean Asian Other Ban8lade5hi Paknstani Indian Mixed White White Other White Irish Eastern European 0.0% 5.0% i0.ty 15.( 20.Q 25. 30.Cp)6 35.Cl% Disability & work-limitlDg illness Luton Right5 SUPPOrted 753 clients (some 400/0 of overall total) who identified themselves as being disabled or suffering from debilitaling illness. 860/0 of clients idenlified as unfit for work. Employment Status 40.Q 35.ce6 30.(YX 25.(X6 20.¢JJ6 15.Ce6 io.c
Page 5 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 FUNDING The following granls and project revenues were received during the year: Bedfordshire & Luton Community Foundation (BLCF) - CIF BLCF - Community Recovery Fund OFFA We are Digital Training Limiled East of England Probalion Region Grants BLCF- Collaboration Fund Other Grants and Fees 106,711 6,666 13,000 6,175 6,174 3,750 6,426 148,902 FINANCIAL REVIEW The resulls of the charity for the year are set out in ihe Slatement of Financial Aclivilies on page 10. Overall the charity had a deficit for the year of £21,089 (2023 - £6.182). Investment powers and policy Under the Memorandum and Articles of Association, the charity has the power to invest in any way the Iruslees wish. Reserves policy Unrestricted funds In accordance wilh guidelines issued by the Charity Commissioners, the Trustees have adopied a policy regarding reserves lo ensure that sufficieni finance is available to adequately respond to Ihe polential for a curtailment or cessation of operations in the event of a significant variation in funding. The level of reserves is considered and reviewed at regular intervals by the Trustees. PLANS FOR THE FUTURE Strategic Development Plan 2025-28 A fully costed plan will be dcvclopcd sn collaboration with our stakeholders to provide a clear vision with an operational strategy underpinned by sustainability. Specialist Welfare BeDefits advice Luton Rights will continue to work as part of Luton Access, collaborating with Citizei)s Advice Luton, to support clients who are referred after inilial assessment for specialisl welfare Benefits advice, and particularly, those clients who are most vulnerable. The curreni demand far outstrips capaciiy and as such, we will be seeking additional funding to increase resources in this area.
Page 6 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 PLANS FOR THE FUTURE {conlinued) FallY Mediation Luton Righis will continue providing faniily medialion and has Irained a member of staff working towards accreditalion as a mediator. The service provides Legal Aid mediation to those who qualify for Legal Aid, Community Outreach Advice Luton Right5 have been successful in partnership bid with Cilizens Advice Luton and Luton Law Centre from National Loltery. This project will commence from January 2025 for 5 years and will Luton Rights to provide a distinct outreach provision in ihe community with the capacity to expand Ihe provision into oiher community locations. HMCTS Digital Support Service Luton Righls has partnered with We Are Group {formerly known as We Are Digital) to support people remotely and face to face with HMCTS forms. This project started in June 2022 and Luton Righis will be working collaboratively with We Are Group io expand on the digital support offer. His Majesty's Prison & Probation Service Projecl commenced January 2024 for 18 months and Luton Righis will be working towards sustaining Ihe project beyond the lifetime of the Current funding. Access Foundation - Digital Skills Training Projecl coInmenced June 2024 for l year to train l 00 individuals with basic digital skills and Luton Rights will be aiming to suslain this project beyond the lifetiine of the current funding. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documenl The charity was fomied in March 2003 &s an unincorporaled charity which was registered with the Charity Commission. It was incorporated on 24th May 2006 as a company limited by guarantee, and was re-registered with the Charity Commission on 22nd March 2012. The governing instruments currenlly in force are the Memorandum and Articles of Association, There are currently 5 members (2023 - 5), each of whom agrees to contribute £10 in the evenl of the charity winding up. Appointment of trustees Truslees arc appointed by the members at the Annual General Meeting, which is nornially held in December.
Page 7 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT (continued) Trustees induction and training All new Trustees are given an inductlon pack to keep. These packs are reviewed and updated regularly. The pack includes:. Governing do¢unient Standing orders Sels of recent board papers and minutes and dates of nexl meelings Ternis of reference of committees, sub-committees, working groups Annual Reports and accounts for the previous three years Policy documenls including equal opportunilies and fjnancial control Brief history of the organisalion Struclure of the organisation - committees, sU1COMmittees, working groups, user groups, staff Staff structure Centre managers job description Inforn]ation about premises Publicity Business plan Task descriptions of Trustees and Honorary Officers A profile of Trustees and conlact details A Trustee Guide giving guidance on roles and responsibilities of Trustees OrganisatlOD The names of the Trustees who served during the year are set out on page 8. The Trustees meet on a regular basis and the day to day management of the charity is delegated to the Centre Manager. Management committee The Luton Rights Management Committee is a committee of the Board of Trustees and as such is answerable to it. The commiltee is established for an annual terni every year. Should the Board not be able io place confidence in the work of the management committee during the year, an Extraordinary General Meeting (EGM) niust be Called for the committ¢e to be disbanded. As part of the renewal process, the Board must assess the work done by the managemeni commiltee against Ihe requirements of ihe Board. Purpose of management committee To provide Luton Rights Board of Trustees with the views, oplnions and knowledge of the wider community in Lulon to ensure the work of Luton Rights remains representative of and reflects the needs of the wider community. The management commiltee will provide an advisory servA¢e to the Board of Trustees. To provide the Tole of "critical friend" Ihrough receiving reports and making commenls on the plans, delivery and impact of Lulon Rights work, making recomm¢ndations and raising concerns where necessary to the Board of Trustees. Risk management The Trustees carry out an annual review of the risks which the charity may face, have established systems and procedures to mitigat¢ any risks identified and minimise any potential impacl should any identified risks materialise.
P•ge 8 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 REFERENCE AND ADMINISTRATIVE INFORMATION Registtred Comp8Dy Nfr. 5828180 (England and Wales) R¢gi4ttred Charity No. 1146500 Trustees D Billington P Cowan MBE R CartMTipJ)t Clir S Goodchild O Ajayi Chair Treasurer Comptsy Se¢r¢lgry Cllr S G(MMlchild MnAgemeTrt And Development Mrs R Chowdhury Centre Manag¢r Mts%emeni Committee M Keaney Clir David Frank5 Cllr B&sii Mahmood Cllr Yarun Begum Cllr BabatundL Aji501a Tariq Haidtt Ali Ak]akul Islain (Resigned December 20231 IAppoin¢¢d May 20231 (Resigned May 20241 (Appointed May 20241 IAppoinied Deceinber 20231 IAppoinled May 2024) (Appointed May 2024) Lulon Trsdes Coun¢il Staff Represenlalion Volunieer R¢pres¢nlalion RtRi5tered OtTlce 2nd Floor Unilc House 28 King Strttt Luton Beds LUI 2DP IndependeDt Examiner Tara Aldwin ACA FKCA Limited 260- 270 Butt¢rfield Great Marlings Lulon LU2 8DL B#Dkers Unity Trust Bank PO Box 7193 Planetary Road Willenhall WVI 9DG
Page 9 LUTON RIGHTS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The Repoi-t of the Trustees has been prepared in accordance wilh tlie special provisioiis for small companies under Part 15 of the Coinpanies Act 2006. Signed, on behalf of the Board, P Cowan Trustee 15 New Bedford Road Luton Beds LUI ISA ! ?lJ.O LLV
Page 10 LUTON RIGHTS LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024 2024 Tot#1 Funds 2023 Total Funds Unrestrieted Restricted Fund5 Tr"unds Note Income from: Charitable activities.. 6.666 106,711 113,377 119,457 39,972 SEMLEP OFFA We are Digital Ti'aining l.imited Access to Juslicc Foundation East of. England Pi'obatioii Region Gi'ants Other grants and fees Total 13,000 6,175 13,000 6,175 3,745 12,196 6,174 6,174 10,176 148,902 10,176 36,017 3,055 178,425 112,885 Expcnditurc on: Cl)ai'ilable activilics 57,106 57,106 112,885 112,885 169,991 169,991 184,607 Total 184,C)07 Net movenient in funds (21,089) (21,089) (6,182) Reconciliation of funds: Balaiicc brou&yht forward at l %t April 2023 Balance carried forward at 31 st Jlqarcl) 2024 133,046 133,046 139,228 111,957 111,957 133,046
Page 11 LUTON RIGHTS LIMITED BALANCE SHEET AS AT 31 ST MARCH 2024 2024 2023 FIXED ASSETS Tangible fixed assets 613 595 CURREi%T ASSETS Dcbtors Cash at bank and in liand 32.507 85.983 118,490 15,785 121,254 1.37,039 LESS: CURRENT LIABILITIES Liabilities: amounts t"alliiig due within one year 7.146 4,588 NET CURRENT ASSETS 111,344 132,451 'ET ASSETS 111.957 133,046 Unrcsli'ictcd: General Dcsignated 62,346 70,700 10 111,957 Restricted TOTAL FUNDS 111,957 133,046 Thc charity is entitled to exemption from aiidit under Section 477 of the Companies Act 2006 for the yeai. ended 31 st March 2024. Tlie members hal'c not requii'ed tlie charity to obtain ali audit of its accounls for tlie year ended 31 sl March 2024 in accoi'dance willi Scction 476 of thc Coinpanics Act 2006. The trustees acknowlcdge thcir rcsponsibilitics for (a) ensuring tliat the chai'ity keeps accounting records that coniply with Sections 386 and 387 of the Coinpanics Act 2006 aiid {b) preparing accouiits which give a true and fair view of the state of affairs of the charity as al the end of each financial year aiid of its sUlUS or deficit for each financial ycar in accordance with tl)e requirements of Section 394 and 395 and wliich otherwise comply ivith the requirements of the Companies Act 2006 relating lo accounts, so far as applicable to the chai-ity. Tliese accounts liave been prepared in accordance witli the special provisions for sinall companies uiider Part 15 of the Companies Act 2006. Approved by the TrllSt¢es on and signed on theÉr behalf by= P Cowan Trustee fc/4 Coinpany Registration Number.. 5828180
Page 12 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES {a) Basis of preparation (i) The accounts have been prepared under the historical cosl convention. {ii) 'riie accounts have been prepared in accoi-danee Hiith Accounting and Reporting by Charities.. Statement of Recommended Pi'actice applicable to charities preparing Iheii- accounts in aLcordancc witli Ihc Finaiicial R¢porling Slaiidard applicable in the UK and Republic of Ireland (FRS 102) (effeclive 1st January 2019) and tlie Companies Act 2006. (iii) Tlie chai-ity meets the dcfinilion of a public benefit enlity undei. FRS 102. (iv) Tlie presentation currency of tlie accounts is in Pounds Sterling {£), wliich is thc funclional curi'ency of the charity. {b) Company status The charity is a company limiled by gTiliifdntee. The members of the cl)arity are the trustees named on page 8. In the event of tlie cliarity being WOLind up, the l iabi l ity in resPCLt of tlie guarantec is limited to £ l O per mcmber of tlie cliarity. (c) Fujid accounting (i) Tlie cli<irity'5 unrestricted general fund consisis of funcls whicli tlie charity niay use for its i)urposes at ils discrclion. Tlic designated fijnds al'e sel asidc froni uiircstricted general funds for .spe¢ific future purpo.8cs. (li) The charity's restrictcd funds are those wlier¢ tlie donor lias imposcd restrictions on the use of the funds which arc legally binding. (d) Income recognition All incoine is accounted for when thc charity has entitlement, tliere is certainty of receipt and the amount is nieasui'dble. Income is accounted for 01) a receivablc basis, cxccpt wh¢i'e donors .8pecify that donalions and grants given to the charity must be used in futlire accounting pcriods, thcn the income is deferred until those periods. (e) Expenditurc recognition Resourccs cxpended are iiicluded in the Siatcmcnt of Financial Activities on an accruals basis inclusive of any VAT which cannot be recovered. Chai'itable expendilurc comprises those costs incurred by the charity in the delivery of it.s activities and services for its beneficiarie5. Jt includes boih costs that cali be allocated directly to such activities and tliose costs of an indirect nature necessary to support tliem. GoN'ernance costs include those costs associated willi mceting tli¢ constitutional and statutory requirements of the charity and include costs linked to tlie strategic managemcnt of the charity. ID Fixed assets and depreciation Tangible fixed assets are stated at cost less accumulatcd dcpi'ecialion. Depreciation is charged on thc reducing balance basis over the expected useful lives of the assets at the following rates.. Computer equipincnt - 33.33 /
Page13 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTING POLICIES (continued) (g) Pension costs and other post- retirement benefits The charity operates a defined contribution pension held in a separately administered fund. Conlribulions payable to the pension scheme are charged to the Statement of Financial Activities in the period to which they relale. (h) Government grants Government grants are recognised when it is reasonable lo expect thal the grants will be received and thal all related conditions will be met. usually on subTnission of a valid clain) for paynienl. Granls of a revenue nature are credited to income so as to malch Ihem with the expendilure to which they relate. NET MOVEMENTS IN FUNDS FOR THE YEAR Nel movement in funds is slated after charging: Staff costs (note 5) Independent Exatniners, remuneralion 2024 2023 140.072 4,418 148.460 4.510 2024 2023 Unrestrlcted Restricted Funds Funds Total Total CHARITABLE EXPENDITURE Advice and information services Salaries costs Activity cosls Premises Governance cosls 40,097 5,487 7,104 4,418 57,106 99,975 12,910 140,072 18,397 7.104 4,418 169,991 148,460 19,219 12,418 4,510 184,607 Total 112,885
Page 14 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 ANALYSIS OF EXPENDITURE 2024 Tol&l 2023 Totsl Costs directly allocated to activities Staff cosls Project costs General office cosls Training Accountancy Actual 140,072 300 13,364 393 4,418 140,072 300 13,364 393 4,418 148,460 1,500 8,704 4,737 4,510 167,91 158,547 158,547 Supporl Costs allocaled to aetivities Premises Professional fees Conimunications Deprecftation Floor Area Usage Usage Usage 7,104 1,883 2,246 211 7.104 1 ,883 2.246 12,418 2,396 1,823 59 11,444 11,444 16.696 Total expendilure 169.991 169.991 184.607 STAFF COSTS AND NUMBERS Staff costs Wages and salaries Social security costs Pension costs 2024 2023 133,613 6,459 139,951 8,083 426 140,072 148,460 Staff numbers by function Number Number Advice and infornialion workers No employee received remuneration of more than £60,000. No trustee received remuneration or reimbursement of expenses.
Page 15 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 COMPARATIVES FROM THE STATEMENT OF FINANCIAL ACTIVITIES 2023 Total Funds UDre$tricled Restricted Funds Funds Income from: Charitable aclivities 178,425 178,425 178.425 Total 178,425 Expenditure on: Charilable activities 184.607 184,607 184,607 Total 184,607 Net movement in funds (6,182) (6,182) Re¢oneiliation of funds: Balance broughi forward al I sl April 2022 Balance carried forward at 31st March 2023 139.228 139,228 133,046 133,046 Equipment TANGIBLE FIXED ASSETS Cost Al I st April 2023 Additions 6,790 229 At 31st March 2024 7,019 Accumulated depreciatlOD At 1st April 2023 Charge for the year At 31st March 2024 6,195 211 6,406 Net book value At 31st March 2024 613 At 3 1st March 2023 595
Page 16 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 DEBTORS Accrued income - grants and fees Prepayments 30.942 1,565 32,507 13,447 2,338 15.785 2024 2023 LIABILITIES Amounts falling due within one year Other credilors Accruals and deferred in¢om¢ 708 6.438 7,146 4,588 4,588 10. DESIGNATED FUND The trustees have designaled reserves of the charity in recognising tlie Charity's responsibility to cover anticipated costs in respect of re-organisalion expenditure lo move the charity forward in the future. Redundancy Fund Re-organisation costs Dilapidalions Staffrfrusteelvolunteer Training Fund Capital Development Plans Business Strategy Plan- Consultancy Cost Fundraising Costs Total 30,075 32,053 3.000 6.000 24,000 15,000 1,829 111,957
Page 17 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 11. MOVEMENT IN FUNDS Balance 1st April 2023 Balance 31st MAreh 2024 Ineome in year Expenditure in ye*r Transfer RESTRICTED FUNDS Bedfordshire & Luton Community Foundation (BLCF) East of Ei)gland Probation Region Grants 106.711 (106,711) 6,174 112,885 (6.174) (112,885) UNRESTRICTED FUNDS General Designated 62,346 70,700 36,017 (57,106) (41,257) 41,257 111,957 133.046 36,017 {57,106) 111.957 TOTAL FUNDS 133,046 148,902 (169,991) 11,957 Bedfordshire and Luton Communit Foundation BLCF The purpose of this fund was in relation to provision of specialist Welfare Benefils Advice, Casework and Representation which includes Specialist forni filling aiid Mandalory Reconsiderations, Appeals and Tribunals. East of En land Probation Re ional Graiits Luton Rights was granled funding to deliver services for people from Minority Ethnic Groups Easl of England, specific location Bedfordshire and surrounding areas. The Commissioned Rehabilitative Services (CRS Provision) General Grant Scheme for support for people with shared protected characteristics or shared experiences or to promote rehabilitation and desislance is named by Luton Rights as Community Links Project. The project formally started on 1st January 2024 and has a duration of eighteen months to 30th June 2025. The project will provide support to a minimum of 108 persons on probation from eihnic minorily backgrounds/origin. COMPARISON FOR MOVEMENT IN FUNDS Balance 1st April 2022 Balance 31st March 2023 ncome Expenditure in year Transfer ID ye4r UNRESTRICTED FUNDS General Designated TOTAL FUNDS 68,528 70,700 178,425 (184,607) 62.346 70.700 139,228 178,425 (184,607) 133,046
Page 18 LUTON RIGHTS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 2024 Net Current Assets 2023 Net Current Assets 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assels Tangible Fixed Assets Total Total Restrieted funds Projects Unrestri¢ted funds General Designaled 595 61,751 70.700 132,451 62.346 70,700 133,046 613 613 111,344 111,344 111,957 111,957 595 13. RELATED PARTY TRANSACTIONS There were no related party transactions during the year (2023 - none). 14. TAXATION As a charity, Lulon Rights Limiled is exempt from tax on income and gains falling wiihin se¢lion 478 of the Corporation Tax Act 2010 or section 256 of ihe Taxalion of Chargeable Gains Acl 1992 to Ihe extent that these are applied to its charitable objecls. No tax charges have arisen in the charily. 15. LEASENG AGREEMENTS Minimum lease paymenls under non- cancellable operating leases fall due as follows: 2024 2023 Within one year Wiihin two to five years More ihan five years 3,000 6,750 3.000 9,750
Page 19 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LUTON RIGHTS LIMITED FOR THE YEAR ENDED 31ST MARCH 2024 I report to the charity trustees on my examination of the accounts of the company for the year ended 3 Isi March 2024. which are set out on pages 10 to 18. Responsibilities and basis of report As Ihe charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of Ihe accounts in accordance with the requirements of the Companies Aci 2006 ("the 2006 Act") . Having satisfied myself thal the accounts of the company are not required to be audited under part 16 of ihe 2006 Acl or section 144(2) of the Charities Act 2011 (the 2011 Act) and are eligible for independenl examination, I report in respect of my examinalion of your charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act. Independent examiner's Statement I have completed my examination. I confirn) that no matters have come lo my attention in connection wilh the examination giving me cause lo believe: accounting records were not kept in respect of the company as required by section 386 of the 2006 Act. or the accounls do not accord wilh ihose records. or the accounts do nol comply with the accounting requirements of section 396 of the 2006 Acl other than any requiremenl Ihal the accounts give a 'true and fair view, which As not a matter considered as part of an independenl examinalion; or the accounts have not been prepared in accordance with the meihods and principles of the Stalement of Recomniended Practice for accounting and reporting by charilies applicable to charilies preparing their accounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no oiher matters in connection with the examination to which attention should be drawn in this report in ordcr to enable a proper understanding of ihe accounts to be reached. Tara Aldwin ACA FKCA LIMITED Chartered Accountants 260- 270 Butterfield Great Marlings LLbton Bedfordshire LU2 8DL