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2021-06-30-accounts

Charity number: 1158845

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

(Incorporating Lions Clubs International District 105SE Charity Trust Fund - Registration No. 1158845/1)

INDEPENDENTLY EXAMINED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2021

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 18

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2021

Trustees Mr Thomas Berry
Mr Norman Anthony Skilbeck
Mrs Jacqueline Robinson (resigned 14 July 2020)
Mr Philip Alan Robinson (resigned 14 July 2020)
Mr David William Butler
Mr Ian David Forbes
Mr Stephen John Coe (resigned 30 June 2021)
Mr Paul Victor Dedman
Mr David John Skinner
Mr Rizvi Rawoof
Mrs Wendy Jennifer Cattaway (appointed 1 July 2021)
Charity registered
number
1158845
Principal office
27 Pritchard Drive
Hawkinge
Folkestone
Kent
CT18 7QH
Independent examiner
Duncan Cochrane-Dyet
MHA MacIntyre Hudson
Chartered Accountants
71 New Dover Road
Canterbury
Kent
CT1 3DZ
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
National Westminster Bank
11 The Parade
Canterbury
Kent
CT1 2SQ
Barclays Bank
9 St George's Street
Canterbury
Kent
CT1 2JX

Page 1

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2021

The Trustees present their annual report together with the financial statements of the Charity for the 1 July 2020 to 30 June 2021.

Objectives and activities

a. Policies and objectives

The charity supports projects and charities which fall within its charitable objects. It has a particular focus on helping those in poverty, helping those who are visually impaired, promoting good eye health, children, disaster relief and providing facilities in the interests of physical and social welfare to benefit communities at a local, national and international level. The trustees have discretion as to who benefits from the charity's support and review their grant-making policies and appeals every year. Some grants are committed for a number of years in advance (funds permitting). Others are made as required (e.g. disaster relief).

The Trust continues to operate to the public benefit both in the United Kingdom and Internationally either through direct grants or in partnership with other Charities. The Trustees confirm that they have complied with Section 4 of the Charities Act 2011 in having due regard for the Charity Commission's general guidance on public benefit.

Achievements and performance

a. Main achievements of the Charity

Our support to Schools in the South-east in Life-skills education, together with the Lions International Blood Research Appeal, Sight-savers, UNICEF continues.

Last year we commenced an appeal to develop a scanner which, when in service, will be able to identify serious head injuries at the accident site. The scanner has been purchased and is undergoing medical evaluation which has been delayed by the recent pandemic.

Last year in February 2020, we launched an appeal to provide a replacement car for Air Ambulance Kent Sussex Surrey who reported to our convention that the two Volvos we donated in 2015 have had very heavy use and it was to plan for their replacement. We are pleased to report that despite the pandemic, our appeal was well supported and in October 2020 a new rapid response vehicle as delivered to the Air Ambulance.

Our support for ROAR, a programme in which schools are sponsored and supported financially by Lions Clubs continues. Due to the pandemic we ran this programme as a virtual event, which under Personal, Social and Health Education-PSHE events was very successful, and this format will probably be used in the future. The primary purpose of this programme is to provide children with an inspirational and educational programme of work which is both competitive and fun to do.

Financial review

a. Going concern

The trustees have reviewed the charity's forecasts and projects, and, in particular have considered the potential implications of the Coronavirus (COVID-19) pandemic. Whilst the eventual financial impact of the pandemic on the charity, and the overall economy remains uncertain, the trustees are confident that the charity will be able to remain operational throughout the pandemic.

With a reasonable expectation that the charity will have adequate resources to continue in operational existence for the foreseeable future, the charity continues to adopt the going concern basis in preparing its financial statements.

Page 2

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021

b. Reserves policy

The reserves of the Charity are held in restricted funds or funds awaiting the Trustees decision for their disposal. The Trustees monitor projects on an individual basis to ensure there are sufficient reserves held to meet future project costs and the Charity's legal obligations.

c. Review of financial transactions

During the year ended 30 June 2021, income received aggregated £56,704 (2020 - £94,507); Gross expenditure aggregated £92,193 (2020 - £81,521). As shown in the statement of financial activities , the overall deficit for the year amounts to £35,489 (2020: £12,986 surplus). The total funds carried forward at the year end amount to £93,451 (2020 - £128,940), of which £57,145 (2020 - £90,831) are held for restricted purposes.

d. Principal risks and uncertainties

The Trustees have examined the major strategic and operational risks which the trust faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to minimize these risks. As part of this process, the District has appointed officers to ensure the District's compliance with legislation concerning the protection of vulnerable persons, and maintain a preview of its insurance policies.

Structure, governance and management

a. Constitution

The Lions Clubs International District 105SE Charity Foundation is a registered charity, registered charity number 1158845. The Trust is constituted by a Deed of Trust dated the 10 October 2014. The Foundation is a Charitable Incorporated Organisation.

On the 18 May 2015 the Trustees of Lions Clubs International District 105SE Charity Trust agreed to transfer the assets of the Charity Trust into Lions Clubs 105SE Charity Foundation and the Trustees of the Foundation accepted the assets as restricted/and or endowment funds as directed by the donors.

The Charity Commission at the request of the Trustees of both Charities linked the Charities on the 14 October 2015.

The effect of this linking is that:

The Charity Commission approved the resolution by the members to amend the Constitution on the 15 April 2021. The amendment included registering the working names of the Foundation to include 'The South East Lions Clubs Foundation' and 'Lions Giving' and added the requirement that the Trustees must be Lions.

b. Organisational structure and decision-making policies

The Trustees who have served during the year are set out on page 1. The Trustees are appointed annually under the terms of the Foundation Deed. Trustee meetings are held periodically during the year. The Trustees amount of remuneration or expenses received during the year was £Nil (2020- £Nil).

Page 3

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Mr Thomas Berry

Charities Treasurer - District 105SE

Date: 29/11/2021

Page 4

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2021

Independent examiner's report to the Trustees of Lions Clubs International District 105SE Charity Foundation ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 June 2021.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

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 accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 30 November 2021

Duncan Cochrane-Dyet BSc BFP FCA

MHA MacIntyre Hudson Canterbury United Kingdom

Page 5

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021

Note
Income from:
Donations and voluntary income
4
Investment income
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net (expenditure)/income
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Unrestricted
funds
2021
£
2,629
20
2,649
-
14,671
14,671
(12,022)
10,219
(1,803)
38,109
(1,803)
36,306
Restricted
funds
2021
£
54,055
-
54,055
-
77,522
77,522
(23,467)
(10,219)
(33,686)
90,831
(33,686)
57,145
Total
funds
2021
£
56,684
20
56,704
-
92,193
92,193
(35,489)
-
(35,489)
128,940
(35,489)
93,451
Total
funds
2020
£
94,354
153
94,507
364
81,157
81,521
12,986
-
12,986
115,954
12,986
128,940

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

The notes on pages 8 to 18 form part of these financial statements.

Page 6

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

BALANCE SHEET AS AT 30 JUNE 2021

Note
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds
96,541
96,541
(3,090)
2021
£
93,451
93,451
57,145
36,306
93,451
132,001
132,001
(3,061)
2020
£
128,940
128,940
90,831
38,109
128,940

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Mr Thomas Berry

Charities Treasurer - District 105SE

Date: 29/11/2021

The notes on pages 8 to 18 form part of these financial statements.

Page 7

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

1. General information

Lions Club International is an unincorporated charity registered in England and Wales. The address of the registered office is given on page 1 of these financial statements. The nature of the charity's operations and prinicpal activities are to support disaster relief and to support projects which meet its objectives mainly in South-east England.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Lions Clubs International District 105SE Charity Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

2.2 Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that with government support packages available and projected income and expenses, the charity will continue in operational existence with sufficient resources to be able to continue as a going concern.

2.3 Income

Donations and voluntary income are recorded as received from the source donors on a cash basis. Donations paid out are recorded on the basis of the irrevocable commitment of the requirement of the Trustees to make the payment. The District Charity Trust Fund does not have contractually binding agreements for the level of donations that it makes.

2.4 Expenditure

All expenditure is accounted for on an accruals basis. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include all costs involving the public accountability of the charity and its compliance with regulation and good practice.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Page 8

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

2. Accounting policies (continued)

2.4 Expenditure (continued)

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 9

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

3. Critical accounting estimates and areas of judgement

No key judgements (apart from those involving estimates as disclosed in the notes above) have been made in the process of applying the above accounting policies.

4. Donations and voluntary income

Youth programmes
South East Programmes
Disaster relief
International & humanitarian aid grants
Health and disability grants
Lions club international foundation donations
Other donations
Total 2021
Total 2020
Unrestricted
funds
2021
£
-
-
-
-
-
-
2,629
2,629
1,881
Restricted
funds
2021
£
13,804
22,038
-
5,050
4,313
8,850
-
54,055
92,473
Total
funds
2021
£
13,804
22,038
-
5,050
4,313
8,850
2,629
56,684
94,354
Total
funds
2020
£
28,160
26,180
5,304
13,633
5,253
13,943
1,881
94,354

5. Investment income

Unrestricted
funds
2021
£
Bank interest receivable
20
Total 2020
153
Total
funds
2021
£
20
153
Total
funds
2020
£
153

Page 10

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

6. Expenditure on raising funds

Fundraising trading expenses

Unrestricted
funds
2021
£
Raising funds
-
Total 2020
364
Total
funds
2021
£
-
364
Total
funds
2020
£
364

7. Analysis of expenditure on charitable activities

Summary by fund type

Charitable activities
Total 2020
Unrestricted
funds
2021
£
14,671
8,010
Restricted
funds
2021
£
77,522
73,147
Total
funds
2021
£
92,193
81,157
Total
funds
2020
£
81,157

8. Analysis of expenditure by activities

Charitable activities
Total 2020
Activities
undertaken
directly
2021
£
86,311
76,975
Support
costs
2021
£
5,882
4,182
Total
funds
2021
£
92,193
81,157
Total
funds
2020
£
81,157

Page 11

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

8. Analysis of expenditure by activities (continued)

Analysis of direct costs

Youth programmes
South East programmes
Disaster relief
International & humanitarian aid grants
Health and disability grants
Lions club international foundation donations
Advertising and marketing
Unrestricted expenditure
Designated expenditure
Total 2021
Total 2020
Analysis of support costs
Bank charges
Accountancy fees
Bookkeeping costs
Legal and professional expenses
Governance costs
Total 2021
Total 2020
Activities
2021
£
13,983
46,326
-
7,900
1,663
7,650
3,886
3,750
1,153
86,311
76,975
Activities
2021
£
207
1,144
281
1,920
2,330
5,882
4,182
Total
funds
2021
£
13,983
46,326
-
7,900
1,663
7,650
3,886
3,750
1,153
86,311
76,975
Total
funds
2021
£
207
1,144
281
1,920
2,330
5,882
4,182
Total
funds
2020
£
23,089
11,929
6,310
11,776
6,700
13,343
3,828
-
-
76,975
Total
funds
2020
£
245
1,342
245
-
2,350
4,182

Page 12

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

9. Independent examiner's remuneration

2021 2020
£ £
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts 2,330 2,350
Fees payable to the Charity's independent examiner in respect of:
Accounts preparation services 1,144 1,342
Advisory services 281 245

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .

During the year ended 30 June 2021, no Trustee expenses have been incurred (2020 - £NIL) .

11. Taxation

The Foundation is a registered charity and therefore is not subject to taxation.

12. Creditors: Amounts falling due within one year

2021 2020
£ £
Independent examiners fee 3,090 3,061

Page 13

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

13. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
105 SE Development Fund
Lifeskills - London
General funds
General Funds
Total Unrestricted funds
Restricted funds
Youth programmes
South East Programmes
SE Community Relief Fund
Humanitarian Aid
Health & Disability
Programmes
Lions Clubs International
Foundation
Activity Alliance
Total of funds
Balance at 1
July 2020
£
41,808
1,153
42,961
(4,852)
38,109
16,250
52,363
3,904
5,432
5,062
7,820
-
90,831
128,940
Income
£
-
-
-
2,649
2,649
13,804
22,038
-
5,050
4,213
8,850
100
54,055
56,704
Expenditure
£
-
(1,153)
(1,153)
(13,518)
(14,671)
(13,983)
(46,326)
-
(7,900)
(1,663)
(7,650)
-
(77,522)
(92,193)
Transfers
in/out
£
-
-
-
10,219
10,219
(2,952)
500
(400)
577
(124)
(7,820)
-
(10,219)
-
Balance at
30 June
2021
£
41,808
-
41,808
(5,502)
36,306
13,119
28,575
3,504
3,159
7,488
1,200
100
57,145
93,451

Page 14

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
105 SE Development Fund
Lifeskills - London
General funds
General Funds
Total Unrestricted funds
Restricted funds
Youth programmes
South East Programmes
SE Community Relief Fund
Humanitarian Aid
Health & Disability
Programmes
Lions Clubs International
Foundation
Total of funds
Balance at
1 July 2019
£
40,976
1,153
42,129
1,488
43,617
12,351
37,794
4,910
3,575
6,487
7,220
72,337
115,954
Income
£
-
-
-
2,034
-
28,160
26,180
5,304
13,633
5,253
13,943
92,473
92,473
Expenditure
£
-
-
-
(8,374)
(8,374)
(23,089)
(11,929)
(6,310)
(11,776)
(6,700)
(13,343)
(73,147)
(81,521)
Transfers
in/out
£
832
-
832
-
832
(1,172)
318
-
-
22
-
(832)
-
Balance at
30 June
2020
£
41,808
1,153
42,961
(4,852)
38,109
16,250
52,363
3,904
5,432
5,062
7,820
90,831
128,940

Page 15

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

Unrestricted funds

General funds

The 'free reserves' after allowing for all designated funds.

Designated funds

Lifeskills - London

This project of Lions is to provide Lifeskills Educational Materials as part of the Healthy Schools London Programme, set up by the Mayor of London. It has benefited 1,860 schools to date.

Restricted funds

Youth programmes

A range of activities including youth organisations for children and young people with disasbilities and learning difficulties, and sponsored competitions including an International Youth Centre.

South East Charitable Programmes

SE Community Relief Fund (formerly known as Disaster Relief Fund)

Funds set aside to respond to International and Community Disasters, these funds will enable the Trust to respond and provide assistance as needed. Typical examples of the support that may be given are the provision of water purification units, tents, food, or support for emergency accommodation.

Humanitarian Aid

Health and Disability

Page 16

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

Lions Clubs International Foundation

The trust collects donations for Lions Clubs International Foundation, based in Chicago, Illinois. The foundation enables Lions Clubs throughout the world to combine donations to undertake large projects that are needed to help individual communities throughout the world and supports the core programmes of Lions: promoting health; combating disability; preserving sight and serving youth.

The Foundation also enables Lions to respond to provide a unique form of disaster relief in that we provide initial aid to those affected by the disaster and then help in the rebuilding of communities affected by building hospitals, schools and in some cases by providing long term accommodation.

14. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds
Balance at 1
July 2020
£
42,961
(4,852)
90,831
128,940
Income
£
-
2,649
54,055
56,704
Expenditure
£
(1,153)
(13,518)
(77,522)
(92,193)
Transfers
in/out
£
-
10,219
(10,219)
-
Balance at
30 June
2021
£
41,808
(5,502)
57,145
93,451

Summary of funds - prior year

Designated funds
General funds
Restricted funds
Balance at
1 July 2019
£
42,129
1,488
72,337
115,954
Income
£
-
2,034
92,473
94,507
Expenditure
£
-
(8,374)
(73,147)
(81,521)
Transfers
in/out
£
832
-
(832)
-
Balance at
30 June
2020
£
42,961
(4,852)
90,831
128,940

Page 17

LIONS CLUBS INTERNATIONAL DISTRICT 105SE CHARITY FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2021
£
Current assets
39,396
Creditors due within one year
(3,090)
Total
36,306
Analysis of net assets between funds - prior year
Unrestricted
funds
2020
£
Current assets
41,170
Creditors due within one year
(3,061)
Total
38,109
Restricted
funds
2021
£
57,145
-
57,145
Restricted
funds
2020
£
90,831
-
90,831
Total
funds
2021
£
96,541
(3,090)
93,451
Total
funds
2020
£
132,001
(3,061)
128,940

16. Related party transactions

T. Berry is a Trustee of Ashford Lions Club (CIO) and the LCI MD 105 Foundation.

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