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2022-03-31-accounts

THE EDWINA LILLEY CHARITABLE TRUST (A company limited by guarantee)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2022

Charity no: 1153407 Company no: 8650570

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THE EDWINA LILLEY CHARITABLE TRUST

CONTENTS OF THE FINANCIAL STATEMENTS PAGE
For the year ended 31 March 2022
Trust Information 3
Report of the Trustees 4 – 6
Report of Independent Examiner 7
Statement of Financial Activities and
Income and Expenditure Account 8
Balance Sheet 9
Notes to the Financial Statements 10 - 11

THE EDWINA LILLEY CHARITABLE TRUST

TRUSTEES REPORT For the year ended 31 March 2022

The Trustees present their report and the financial statements for the year ended 31 March 2022.

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Reference and Administrative Details

4 Trustees and Board of Directors The Trustees/Directors who served during the year and up to the date of this report are as follows:-

D Lilley S Lilley E M Lilley A C Lilley T M Crutchley J England B W Hood A B C Walker

5 Bankers Coutts 1 Spinningfields Square Manchester M3 3AP

THE EDWINA LILLEY CHARITABLE TRUST

REPORT OF THE TRUSTEES For the year ended 31 March 2022

Structure, Governance and Management

Constitution

The organisation is a charitable company, limited by guarantee, incorporated on 14[TH] August 2013 and registered as a charity on the same date.

The company was established under a Memorandum of Association which sets the objects and powers of the charitable company and is governed under its Articles of Association.

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The Board consists of elected persons and others who may be appointed from time to time by the Trustees.

Organisational, Structural and Decision-making

The Trustee Board determines the overall policy of the Trust.

Trustee Induction and Training

New Trustees are advised of their roles and responsibilities when appointed and are advised of suitable external induction and training courses.

Risk Policy

A risk assessment is carried out as part of the organisational business plan, identifying and classifying risks and detailing measures to deal with these. The Trustee Board is satisfied that systems are in place to mitigate exposure to risks.

Public Benefit Statement

The Trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to the guidance published by the Charities Commission.

None of the Trustees receive any remuneration for their work, and received no reimbursement of expenses during the period. The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives, and in planning future activities.

THE EDWINA LILLEY CHARITABLE TRUST

REPORT OF THE TRUSTEES For the year ended 31 March 2022

Objectives and Activities

The Trust works in collaboration with charities to support & fundraise for initiatives which make a difference to children's lives. The projects we support help children facing a range of disadvantages including poverty, hunger, deprivation, malnourishment & life threatening/life limiting illnesses.

Achievements and Performance

During the year ended 31st March 2022 the Trust donated the following amounts:-

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Destination Florida - £16,250 Homeless House - £15,000 Ukraine Crisis - £ 3,000

Financial Review

The net income for the year amounted to £1,950. The funds available to carry forward amount to £2,360, as general reserves.

Events since the Year End and Plans for Future Periods

Since the Year End, the Trust has continued its work with Destination Florida, Homeless House and The Toy Appeal including a charity football match in May 2022. These are all charities which the Trust has worked with and supported previously.

THE EDWINA LILLEY CHARITABLE TRUST

REPORT OF THE TRUSTEES For the year ended 31 March 2022

Responsibilities of the Trustees

Company law requires the Board of Trustees to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial period. In preparing those financial statements, the Board of Trustees should follow best practice and:

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inappropriate to assume that the company will continue on that basis.

The Board of Trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Board of Trustees is 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.

Trustees

The Trustees, who are Directors for the purpose of Company Law and Trustees for the purpose of Charity Law, who served during the period and up to the date of this report are set out on page three.

Trustees of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of winding up. The total number of such guarantees was eight.

The Trustees Report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities under FRS 102 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

Approved by the Trustees on: 2022

and signed on their behalf by:

S Lilley, Trustee/Director THE EDWINA LILLEY CHARITABLE TRUST

Independent examiner’s report to the charity trustees of The Edwina Lilley Charitable Trust

I report on the accounts of the Trust for the year ended 31 March 2022, which are set out on pages 8 to 11.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed

It is my responsibility to:

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Basis of independent examiner’s statement

Independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: NEIL R BROWNLEE FCA Address Newcastle-under-Lyme Date: November 2022

THE EDWINA LILLEY CHARITABLE TRUST

INCOME AND EXPENDITURE ACCOUNT & STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2022

2 2
022 021
Unrestricte Unrestricte
Note d d
Funds Funds
£ £
Incoming Resources:
Incoming resources from generated
funds
Voluntary income - 40
Incoming resources from Charitable
Activities
Activities for generating funds 2 37,950
_ _

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Total Incoming Resources
Resources Expended:
Charitable Donations
Cost of Generating voluntary income
Costs of generating funds
Governance costs
Total Resources Expended
3
Net incoming / (outgoing) resources
Funds brought forward
Funds carried forward		 37,950

_
34,250
1,534
216
_
36,000
_
1,950
410
_
2,360

_		 40
_
2,250
233
360
_
2,843
_
(2,803)
3,213
_
41
0
_

THE EDWINA LILLEY CHARITABLE TRUST BALANCE SHEET AT 31 MARCH 2022

Note 2022 2021
£ £
FIXED ASSETS:
Tangible Assets - -
CURRENT ASSETS:
Cash at bank and in hand 2,360 410
_ _
2,360 410
_ _
RESERVES:
Unrestricted Funds 2,360 410
_ _
2,360 410
_ _

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 and members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. The directors acknowledge their

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responsibilities for ensuring that the company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 31 March 2022 and of its loss for the year then ended in accordance with the requirements of section 396 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved and authorised for issue by the board and were signed on its behalf on December 2022.

ON BEHALF OF THE BOARD

S Lilley Trustee/Director

The annexed notes form part of these financial statements.

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THE EDWINA LILLEY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022

1 ACCOUNTING POLICIES

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Accounting Convention

The financial statements have been prepared under the historical cost convention. The accounts are in accordance with applicable accounting standards, the Statement of Recommended Practice: “Accounting and Reporting by Charities (FRS 102) issued in July 2014 and the Charities Act 2011.

Incoming Resources from Charitable Activities

Incoming resources are fees and donations received and are included in the Statement of Financial Activities when receivable.

Resources Expended

Resources expended are recognized in the period in which they are incurred. Resources expended, are allocated to the particular activity where the cost relates directly to that activity.

2 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES

2022 2021
Unrestricted Unrestricted
Funds Funds
£ £
Sponsorship & other fund-raising 37,950 0
activities
_ _

THE EDWINA LILLEY CHARITABLE TRUST

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022

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3. RESOURCES EXPENDED

RESOURCES EXPENDED
Charita
ble		 Charita
ble		 Governan
ce		 2022
Donatio Activitie Costs Total
ns s
£ £ £ £
Donations to charity 34,250 34,250
Website 233 233
Fundraising expenses 1,301 1,301
Legal and professional
charges		 216 216
Bank and fnance charges - -
_ _ _ _
34,250 1,534 216 36,000
_ _ _ _
Charita
ble		 Charita
ble		 Governan
ce		 2021
Donatio Activitie Costs Total
ns s
£ £ £ £
Donations to charity 2,250 2,250
Website 233 233
Fundraising expenses 0 0
Legal and professional
charges		 360 360
Bank and fnance charges - -
_ _ _ _
2,25
0		 233 360 2,843
_ _ _ _

4. TRUSTEES’ EXPENSES

No Trustee (Director) received any remuneration or expenses in respect of the current year.

5. TAXATION ON ORDINARY ACTIVITIES

The charitable company is exempt from corporation tax on its charitable activities.

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