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2021-09-30-accounts

Charity registration number 1149341

Company registration number 08205134 (England and Wales)

THE LILY MAE FOUNDATION

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021

THE LILY MAE FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees A Brook K Blackstock S Richards Mr G A Heaps S Carter A Price K Browning K Gooch Charity number 1149341 Company number 08205134 Principal address The Annex, Fernhill Court Balsall St East Balsall Common Coventry CV7 7FR

(Appointed 30 March 2021) (Appointed 18 May 2022)

Independent examiner M T Manley & Co Limited 696 Yardley Wood Road Billesley Birmingham B13 0HY

THE LILY MAE FOUNDATION

CONTENTS

Page
Trustees' report 1 - 7
Independent examiner's report 8
Statement of financial activities 9
Balance sheet 10
Notes to the financial statements 11 - 18

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

The Trustees present their report and the financial statements for the year ending 30th September 2021. The Trustees, who are also directors of the company and who served throughout the year are listed on the previous page. The Charity appointed two new Trustees in the year ending 30th September 2021.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016)

Structure, Governance and Management

The Foundation is limited by guarantee and does not have any share capital. It is governed by the Memorandum and Articles of Association, incorporated on 6th September 2012. The Foundation was registered as a Charity on 16th October 2012.

Public Benefit Statement

In the exercise of their powers as Charity Trustees, they have had due regard to the published guidance from the Charity Commission on the operation of the public benefit requirement. The aims of the Charity are carried out for public benefit.

The Trustees consider that support to parents, their families and friends who have suffered a Stillbirth or Neonatal death and the dissemination of information and lessons learned to the rest of the Country to be of public benefit.

Objectives and activities

The Charity’s purposes, as set out in the objects contained in the Foundation’s Articles of Association are to:

  1. Promote and protect the psychological, emotional and physical health and well-being of parents, their families and friends when a baby dies in the uterus, or at birth or soon after birth, by:

  2. Support and provide information to bereaved parents, their families and friends.

  3. Work collaboratively to improve and enhance professional practice with health and social care professionals for the benefit of bereaved parents and their families.

  4. Promote and assist in research and the implementation of best practice to identify the causes and help reduce the incidence of the death of a baby in the uterus, at birth or soon after birth.

  5. Make donations to other charitable organisations having similar objects as the charity that the Trustees shall, at their discretion, deem suitable.

Our aims fully reflect the purposes that the Charity was set up to further.

Ensuring That Our Work Delivers Our Aims

The Trustees review our aims, objectives and activities periodically throughout the year. Each review looks at what we have achieved and the outcomes of our work.

The review process looks at the success of each key activity and the benefits they have brought to the groups of people that we are set up to help and support. The review also helps us to ensure that our aims, objectives and activities remain focused on our stated purposes.

We have referred to the notes contained in the Charity Commission's general guidance on public benefit when undertaking our reviews and in planning our future activities. The Trustees consider how planned activities will contribute to the aims and objectives that they have set.

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Achievements and performance

Throughout the financial year 2020 to 2021 the Charity has continued to grow and to develop. The Global COVID-19 Pandemic continued to create many challenges for us in terms of fundraising and the delivery of our supporting programmes. The pandemic caused us to cancel a number our planned fundraising activities. We were, however, throughout the year able to:

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Activities undertaken in support of those parents and families who have suffered a Stillbirth, Neonatal Death or a Medical Termination

1. Memory Boxes

We continue to provide memory boxes and early gestation boxes, at a cost now of £82.58 each, to:

2. Memory Making Kits for Grandparents

We have continued to distribute memory making kits for Grandparents to hospitals. These are now at a cost of £9.35 each. These include a Grandparents poem, clay print making kit with photo frame and inkless print kit that can be used to make a piece of jewelry.

3. Sibling Support Packs

Since we began to deliver Sibling Support Packs to our Hospital’s in June 2020, they have been in great demand with many positive comments received about their value. Each pack now costs £26.00 and includes an emotions journal, story book, photo frame, worry doll, pin badge, wrist band, drawstring tote bag, pens and pencils and notebook.

4. Counselling and Support

It is most pleasing to report that the funding that we have received has enabled us to train Ryan and to appoint and train Chantelle as additional Bereavement Support Workers to work alongside Amy and offer help and support to the ever-increasing number of parents in need.

Ryan has taken responsibility for the work with men wishing to benefit from the Service.

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Activities undertaken in support of those parents and families who have suffered a Stillbirth, Neonatal Death or a Medical Termination continued...

We have seen a huge increase in demand for our services due to the continuing pandemic and the increased isolation felt by bereaved parents due to the lockdowns and the short time that they are allowed to spend in hospital resulting in reduced initial bereavement support.

5. Little Shining Lights Remembrance Service

We organised and ran our seventh very successful Service on 6th December 2020. Due to the restrictions in place for public gatherings, we organised for this Service to be broadcast through our Facebook and Instagram pages for those parents and families who were unable to attend in person. We placed our Christmas tree for dedications in the church grounds and found that it was heavily attended.

6. Wave of Light Celebrations

A celebration and remembrance service was held on 15th October 2020 in conjunction with the international Wave of Light movement. Again due to the restrictions in place for public gatherings, we organised for this Celebration to be broadcast through our Facebook and Instagram pages for those parents and families who were unable to attend in person. Candles were lit and ribbons were tied to a special tree to remember those babies born sleeping, too poorly or too early. We also arranged and paid for Birmingham’s Library, Town Hall and Symphony Hall to be lit in pink and blue on 15 October to mark International Wave of Light. We have planned to do the same in 2021 and to increase the number of buildings lit by working with those responsible for notable landmarks in Birmingham.

7. Research

The Trustees continue to foster links and build relationships with a range of medical professionals to support research projects into the causes and prevention of Stillbirth, Neonatal Death, Miscarriage and Medical Termination. We continue to be the PPI (Patient and Public Involvement) Advisor to the CERM (Chronic Endometritis and Recurrent Miscarriage) phase III trial sponsored by University Hospitals Coventry and Warwickshire NHS Trust along with Warwick University Clinical Trials Unit, Imperial College London and the University of Birmingham.

8. Peer Support Worker (PSW) for the Perinatal Mental Health Services (BSMHFT) in BSol (Birmingham and Solihull.

We were approached by BSol to manage a PSW. After interview we appointed Nicola Klein. She took up her post in July 2021 on a rolling 1 year contract funded by the NHS.

Maternal Mental Health Service (MMHS) is a new service within perinatal mental health services (BSMHFT) in BSol (Birmingham and Solihull). As an early implementer site, the service spans Heartlands Hospital, Good Hope Hospital, Solihull Hospital and Birmingham Women’s Hospital, focusing on perin atal loss and birth trauma. The service provides

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

The Organisation and Delivery of Fundraising Events & Activities Undertaken

During the year 2020 to 2021, The Foundation has continued to schedule a range of events and activities, which are now ‘fixed’ in our Charity calendar. Unfortunately, due to the COVID -19 Pandemic we had to postpone our Golf Day and Evening Dinner Dance fundraiser scheduled for April and rearrange it for October when restrictions allowed large gatherings. Our Fun Run in September was able to go ahead as planned. We were able to organise and run a number of small online fundraising activities which brought in some funding throughout the year.

We have continued to make bids to a range of trusts and organisations for funding support. In June we appointed a consultant bid writer to work with us for two days per month. We have already seen this investment pay off with a number of successful applications bringing in funding..

Some of the major fundraising events and activities that have been undertaken are:

Activities Planned in Support of Those Who Have Suffered a Stillbirth or Neonatal Death

We plan to:

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Activities Planned in Support of Those Who Have Suffered a Stillbirth or Neonatal Death continued...

The Organisation and Delivery of Planned Fundraising Events and Activities

We plan to continue to:

Financial review

The net surplus for the year arising from net income from activities and fund-raising events, and donations received, and not yet spent by the year-end, is shown in the Statement of Financial Activities.

At the end of the financial year 2021 our unrestricted funds were at £166,313 (2020 - £120,381), which is the equivalent of 8 months (2020 - 9 months) worth of running costs. This is within our policy of keeping 6 - 9 months' worth of running costs in reserve. These reserves are essential due to the nature of the services and supporting programmes that we deliver to bereaved parents and families, and the fact that we run a number of contracts which are paid monthly, in arrears.

2021 2020 Unrestricted current assets 166,313 120,381 Running costs 244,600 163,294 Cost coverage (in months) 8 9

THE LILY MAE FOUNDATION

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Structure, governance and management

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

A Brook M Whitehouse (Resigned 26 April 2022) K Blackstock M Brooks (Resigned 1 April 2022) S Richards Mr G A Heaps L Pugh (Resigned 10 June 2022) N Casey (Resigned 30 September 2021) S Carter A Price K Browning (Appointed 30 March 2021) D Lomas (Appointed 18 March 2021 and resigned 6 April 2022) K Gooch (Appointed 18 May 2022)

Statement of Trustees' responsibilities

The Trustees (who are also directors of The Lily Mae Foundation for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. The Trustees' report was approved by the Board of Trustees.

Ryan Jackson Founder and Managing Director Dated: 27 June 2022

THE LILY MAE FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE LILY MAE FOUNDATION

I report to the Trustees on my examination of the financial statements of The Lily Mae Foundation (the Charity) for the year ended 30 September 2021.

Responsibilities and basis of report

As the Trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institue of Chartered Accountants England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns 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 financial statements to be reached.

M T Manley & Co Limited

696 Yardley Wood Road Billesley Birmingham B13 0HY

Dated: 27 June 2022

THE LILY MAE FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income and endowments from:
Donations and legacies
3
177,250
70,500
Other trading activites
4
3,986
-
Interest income
5
28
-
Income from charitable activities
6
62,131
-
Total income
243,395
70,500
Expenditure on:
Raising funds
7
47,984
2,000
Charitable activities
8
149,864
75,613
Total resources expended
197,848
77,613
Net income/(expenditure) for the year/
Net movement in funds
45,547
(7,113)
Fund balances at 1 October 2020
150,096
43,346
Fund balances at 30 September 2021
195,643
36,233		 Total
2021
£
247,750
3,986
28
62,131
313,895
49,984
225,477
275,461
38,434
193,442
231,876		 Total
2020
£
179,103
3,671
358
59,038
242,170
68,635
136,677
205,312
36,858
156,584
193,442

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

THE LILY MAE FOUNDATION

BALANCE SHEET

AS AT 30 SEPTEMBER 2021

Notes
Fixed assets
Tangible assets
13
Current assets
Stocks
14
Debtors
15
Cash at bank and in hand
Creditors: amounts falling due within
one year
16
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
Unrestricted funds		 2021
£
1,271
26,790
217,110
245,171
(49,166)		 £
35,871
196,005
231,876
36,233
195,643
231,876		 2020
£
8,202
6,012
154,169
168,383
(18,364)		 £
43,423
150,019
193,442
43,346
150,096
193,442

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2021.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 27 June 2022

Trustee

Company registration number 08205134

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

1 Accounting policies

Charity information

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation. The address of its registered office is:

1st Floor, The Annexe Balsall Street East Balsall Common Coventry CV7 7FR

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102.

The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention,. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Incoming resources

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

1 Accounting policies

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

1.5 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings Straight Line over 4 years Computers Straight Line over 3 years Motor vehicles Straight Line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.6 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.7 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

1 Accounting policies

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corporation Tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

3 Donations and legacies
Unrestricted Restricted Total Total
funds funds
2021 2021 2021 2020
£ £ £ £
Donations and gifts 174,388 70,500 244,888 174,835
Government grants 2,862 - 2,862 4,268
177,250 70,500 247,750 179,103
For the year ended 30 September 2020 129,928 49,175 179,103
4 Other trading activities
Unrestricted Unrestricted funds
funds
2021 2020
£ £
Branded merchandise sales 3,986 3,671
5 Interest income
Unrestricted Total
funds
2021 2020
£ £
Bank interest 28 358
6 Income from charitable activities
Unrestricted Total
funds
2021 2020
£ £
Fundraising events income 57,722 59,038
Contracted services income 4,409 -
62,131 59,038

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

7 Raising funds

Unrestricted
Restricted
funds
funds
2021
2021
£
£
Fundraising and publicity
Other fundraising costs
24,450
2,000
Staff costs
23,534
-
Fundraising and publicity
47,984
2,000
47,984
2,000		 Total Unrestricted
funds
2021
2020
£
£
26,450
42,019
23,534
26,616
49,984
68,635
49,984
68,635		 Total Unrestricted
funds
2021
2020
£
£
26,450
42,019
23,534
26,616
49,984
68,635
49,984
68,635
68,635
68,635

8 Charitable activities

Charitable
Charitable
Expenditure Expenditure
2021 2020
£ £
Staff costs 28,853 28,687
Memory boxes 26,748 6,293
Support & remembrance 22,972 13,884
Support for men 8,944 -
One to one support 49,237 34,367
Other charitable objects 3,245 2,845
Sibling packs 8,273 6,522
Depreciation 9,276 7,695
Profit/loss on disposal - 3,106
157,550 103,399
Share of support costs (see note 9) 67,927 33,278
225,477 136,677
Analysis by fund
Unrestricted funds 149,864 108,198
Restricted funds 75,613 28,479
225,477 136,677

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

9 Support costs

Support
costs
£
Publicity
27,224
Office costs, rent
16,882
Insurance
547
Website costs
5,541
Postage
767
Stationery
658
Telephone
1,058
Online collection fees
3,730
Bank and card charges
981
Vehicle running costs
1,210
Accountancy
1,274
Training
6,545
Accounting and bookkeeping
692
Legal costs
624
Business costs
195
67,927
Analysed between
Charitable activities
67,927		 2021
£
27,224
16,882
547
5,541
767
658
1,058
3,730
981
1,210
1,274
6,545
692
624
195
67,927
67,927		 2020
£
2,965
17,584
637
3,864
447
32
859
2,504
643
1,468
1,476
525
274
-
-
33,278
33,278

10 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

11 Employees

Number of employees

The average monthly number of employees during the year was:

Employment costs
Fundraising
Operations
One to one support
Support		 2021
Number
4
2021
£
23,534
28,853
47,401
12,906
112,694		 2020
Number
3
2020
£
26,616
28,687
34,367
9,460
99,130

12 Taxation

The charity is a registered charity and is therefore exempt from taxation.

13 Tangible fixed assets

Tangible fixed assets
Fixtures and
fittings
Computers Motor vehicles
£
£
£
Cost
At 1 October 2020
8,074
4,081
40,500
Additions
524
1,199
-
Disposals
(1,324)
(1,103)
-
At 30 September 2021
7,274
4,177
40,500
Depreciation and impairment
At 1 October 2020
5,106
2,333
1,792
Depreciation charged in the year
1,374
735
7,167
Eliminated in respect of disposals
(1,324)
(1,103)
-
At 30 September 2021
5,156
1,965
8,959
Carrying amount
At 30 September 2021
2,118
2,212
31,541
At 30 September 2020
2,967
-
38,708		 Total
£
52,655
1,723
(2,427)
51,951
9,231
9,276
(2,427)
16,080
35,871
25,624

THE LILY MAE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2021

14
Stocks
Raw materials and consumables
15
Debtors
Amounts falling due within one year:
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Trade creditors
Other taxation and social security
Accruals and deferred income
17
Analysis of net assets between funds
Unrestricted
Restricted
2021
2021
£
£
Fund balances at 30
September 2021 are
represented by:
Tangible assets
29,330
6,541
Current assets/(liabilities)
166,313
29,692
195,643
36,233		 Total Unrestricted
2021
2020
£
£
35,871
29,715
196,005
120,381
231,876
150,096		 2021
£
1,271
2021
£
21,073
2021
£
8,860
3,040
37,266
49,166
Restricted
2020
£
13,708
29,638
43,346		 2020
£
8,202
2020
£
6,012
2020
£
-
5,741
12,623
18,364
Total
2020
£
43,423
150,019
193,442

18 Related party transactions

There were no disclosable related party transactions during the year (2020 - none).