Charity number: 1158845
LIONS CLUBS INTERNATIONAL DISTRICT 105SE 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 2024
LIONS CLUBS INTERNATIONAL DISTRICT 105SE 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 - 19 |
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2024
| Trustees | Thomas Ralph Berry |
|---|---|
| Norman AnthonySkilbeck(Secretary) | |
| David William Butler | |
| Paul Victor Dedman | |
| David John Skinner | |
| Rizvi Rawoof(resigned 30 June 2024) | |
| WendyJennifer Cattaway | |
| Lynne Michelle Ireland | |
| Ragbhir Singh Sandhu | |
| Steve Carley (Chairman) | |
| Chandra Kumar(appointed 11 July2023) | |
| Howard Patrick Lee(Treasurer) | |
| Charity registered number 1158845 Principal office 27 Pritchard Drive Hawkinge Folkestone Kent CT18 7QH Independent examiner Katharine Halsall, FCCA, ACA 7A Abbey Business Park Monks Walk Farnham Surrey GU9 8HT Bankers Barclays Bank 9 St George's Street Canterbury Kent CT1 2JX National Westminster Bank 11 The Parade Canterbury Kent CT1 2SQ |
Page 1
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2024
The Trustees present their annual report together with the financial statements of the Charity for the 1 July 2023 to 30 June 2024.
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.
Main achievements of the Charity
The partnership between Lions of South East England and Air Ambulance Kent Sussex and Surrey (KSS) continues and strengthens, and this year has able to replace seven video laryngoscopes, and eleven newly designed medical kit bags, for use in all KSS aircraft and rapid response vehicles.
Support for the ROAR programme continues with 41 schools being supported this year The primary purpose of the ROAR programme is to provide children with an inspirational and educational programme of work which is both competitive and fun to do. It also provides Personal, Social and Health (PSHE) education as required nationally. ROAR is now a national online programme which Is funded entirely by Lions Clubs supporting their local schools.
Development of the Foundation’s on-line donation’s platform, for the Lions clubs of Lions District 105SE, continues, with an increase in the number of Lions Clubs using the service. The platform also provides an information and publicity resource for the activities of Lions District 105SE.
The Foundation continues to support the Lions International Blood Research Appeal, Lions Sightsavers and various other programmes relating to health and disability, youth, humanitarian aid and community disaster relief.
Support has also continued for Lions Clubs International Foundation, particularly in the area of disaster relief.
During this year, the Foundation received funds from the Lions Belarus Trust restricted for the relief of poverty and distress in the countries around Belarus and will disperse these funds over a number of years on projects compliant with its restriction.
The activities of the Foundation have increased over the previous year and the Trustees are of the opinion that there has been a commensurate increase in the achievements towards the objects of the Foundation.
Page 2
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024
Financial review
a. Going concern
The trustees have reviewed the charity's forecasts and projects. There is a reasonable expectation that the Foundation will have adequate resources to continue in operational existence for the foreseeable future, and therefore it continues to adopt the going concern basis in preparing its financial statements.
b. Reserves policy
The reserves of the Foundation 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 Foundation’s legal obligations.
c. Review of financial transactions
During the year ended 30 June 2024 income received aggregated £125,793 (2023 - £115,834) and gross expenditure aggregated £88,930 (2023 - £123,389). As shown in the statement of financial activities, the overall surplus for the year was £36,863 (2023 – deficit £7,555). The total funds carried forward at the year-end amounted to £101,053 (2023 - £64,190), of which £94,900 (2023 - £45,366) were held for restricted purposes.
d. Principal risks and uncertainties
The Trustees have examined the major strategic and operational risks which the Foundation 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, Lions District 105SE has appointed officers to ensure the district's compliance with legislation concerning the protection of vulnerable persons, and the maintain and review its insurance policies and other management and regulatory procedures.
Structure, governance and management
a. Constitution
The Lions Clubs International District 105SE Foundation is a registered charity, registration number 1158845. The Foundation is constituted by a Deed of Trust dated the 10 October 2014 (as amended on 16 April 2021). It 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 International District 105SE 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:
-
both charities are registered under a single registration number.
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the Trustees are required to prepare a single set of accounts for the reporting charity and the linked charity.
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 members of Lions Clubs within the South East of England.
Page 3
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024
Structure, governance and management (continued)
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 (2023- £Nil).
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 Foundation 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:
-
select suitable accounting policies and then apply them consistently,
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observe the methods and principles of the Charities SORP (FRS 102),
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make judgements and accounting estimates that are reasonable and prudent,
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements,
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Foundation will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Foundation’s transactions and disclose with reasonable accuracy at any time the financial position of the Foundation 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 Foundation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the board of Trustees on 4 December 2024 and signed on their behalf by:
Steve Carley Chairman
Page 4
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024
Independent examiner's report to the Trustees of Lions Clubs International District 105SE Foundation ('the Charity')
I report to the Foundation Trustees on my examination of the accounts of the Foundation for the year ended 30 June 2024.
Responsibilities and basis of report
As the Trustees of the Foundation, 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 Foundation’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:
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accounting records were not kept in respect of the Foundation as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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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 Foundation’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 Foundation’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 Foundation and the Foundation’s Trustees as a body, for my work or for this report.
................................................
Katharine Halsall, FCCA, ACA 7A Abbey Business Park Monks Walk Farnham Surrey GU9 8HT
12 February 2025
Page 5
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024
| Note Income from: Donations and voluntary income 4 Trading activities 5 Investment income 6 Total income Expenditure on: Raising funds 7 Charitable activities 8 Total expenditure Net (expenditure)/income Transfers between funds 15 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2024 Restricted funds 2024 Total funds 2024 £ £ £ 71 123,371 123,442 1,397 - 1,397 954 - 954 2,422 123,371 125,793 7,244 - 7,244 3,626 78,060 81,686 10,870 78,060 88,930 (8,448) 45,311 36,863 (223) 223 - (8,671) 45,534 36,863 14,824 49,366 64,190 (8,671) 45,534 36,863 6,153 94,900 101,053 |
Total funds 2023 £ 112,652 2886 296 |
|---|---|---|
| 115,834 | ||
| 6,325 117,064 |
||
| 123,389 | ||
| (7,555) - |
||
| (7,555) | ||
| 71,745 (7,555) |
||
| 64,190 |
The Statement of financial activities includes all gains and losses recognised in the year and the prior year.
The notes on pages 8 to 20 form part of these financial statements.
Page 6
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
BALANCE SHEET AS AT 30 JUNE 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Debtors | 13 | - | 7,084 | ||
| Cash at bank and in hand | 103,613 | 61,019 | |||
| 103,613 | 68,103 | ||||
| Creditors: amounts falling due within one | |||||
| year | 14 | (2,560) | (3,913) | ||
| Net current assets | 101,053 | 64,190 | |||
| Total net assets | 101,053 | 64,190 | |||
| Charity funds | |||||
| Restricted funds | 15 | 94,900 | 49,366 | ||
| Unrestricted funds | 15 | 6,153 | 14,824 | ||
| Total funds | 101,053 | 64,190 |
The notes on pages 8 to 19 form part of these financial statements.
The financial statements were approved and authorised for issue by the Trustees on 4 December 2024, and signed on their behalf by:
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Steve Carley Chairman
Page 7
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
1. General information
Lions Clubs International District 105SE Foundation is a Charitable Incorporated Organisation (CIO) 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 principal activities are to support disaster relief and to support projects which meet its objectives mainly in South East England. It has a linked charity, Lions Clubs International District 105SE Charity Trust Fund, which is dormant.
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 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 available funds and projected income and expenditure, the charity will continue in operational existence with sufficient resources to be able to continue as a going concern.
2.3 Income
Investment income is recorded when receivable.
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.
The Charity receives trading income from management and transaction fees it charges on donations received via the Lions Giving online platform for donations that are passed to the relevant clubs net of the fees.
Page 8
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
2. Accounting policies (continued)
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.
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 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.7 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.
2.8 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.
2.9 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 9
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
2. Accounting policies (continued)
2.10 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.
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 Totals 2023 |
Unrestricted funds 2024 £ - - - - - - 71 |
Restricted funds 2024 £ 11,782 58,039 1,000 11,237 12,691 28,622 - |
Total funds 2024 £ 11,782 58,039 1,000 11,237 12,691 28,622 71 |
Total funds 2023 £ 12,434 29,356 2,200 11,287 6,636 48,281 2,458 |
|---|---|---|---|---|
| 71 | 123,371 | 123,442 | 112,652 | |
| 2,458 | 110,194 | 112,652 |
Page 10
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
5. Income from trading activities
| Management fees from Lions Giving Total 2023 |
Unrestricted funds 2024 £ 1,397 |
Total funds 2024 £ 1,397 |
Total funds 2023 £ 2,886 |
|---|---|---|---|
| 2,886 | 2,886 |
6. Investment income
| Bank interest receivable Total 2023 |
Unrestricted funds 2024 £ 954 |
Total funds 2024 £ 954 |
Total funds 2023 £ 296 |
|---|---|---|---|
| 954 | 954 |
Page 11
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
7. Expenditure on raising funds
Fundraising trading expenses
| Cost of fundraising - website costs Total 2023 |
Unrestricted funds 2024 £ 7,244 |
Total funds 2024 £ 7,244 |
Total funds 2023 £ 6,325 |
|---|---|---|---|
| 6,325 | 6,325 |
8. Analysis of expenditure on charitable activities
Summary by fund type
| Charitable activities Total 2023 |
Unrestricted funds 2024 £ 3,626 |
Restricted funds 2024 £ 78,060 |
Total 2024 £ 81,686 |
Total 2023 £ 117,064 |
|---|---|---|---|---|
| 10,257 | 106,807 | 117,064 |
9. Analysis of expenditure by activities
| Charitable activities Total 2023 |
Activities undertaken directly 2024 £ 78,365 |
Support costs 2024 £ 3,321 |
Total funds 2024 £ 81,686 |
Total funds 2023 £ 117,064 |
|---|---|---|---|---|
| 112,146 | 4,918 | 117,064 |
Page 12
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
9. Analysis of expenditure by activities (continued)
Analysis of direct costs
| 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 Designated development expenditure Total 2023 Analysis of support costs Bank charges Accountancy fees Bookkeeping costs Governance costs Total 2023 |
Activities 2024 £ 8,859 9,662 1,000 14,130 14,358 30,051 305 - 78,365 112,146 Activities 2024 £ 220 - 198 2,903 3,321 4,918 |
Total funds 2024 £ 8,859 9,662 1,000 14,130 14,358 30,051 305 - 78,365 112,146 Total funds 2024 £ 220 - 198 2,903 |
Total funds 2023 £ 13,335 19,919 2,200 14,020 7,975 49,358 1,317 4,022 |
||
| 112,146 | |||||
Total funds 2023 £ 327 1,400 312 2,879 |
|||||
| 3,321 | 3,321 | 4,918 | |||
| 4,918 | 4,918 |
Page 13
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
10. Independent examiner's remuneration
| Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts Fees payable to the Charity's independent examiner in respect of: Accounts preparation services Bookkeeping costs |
2024 £ 2,820 - 124 |
2023 £ 2,879 1,400 312 |
|---|---|---|
11. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL-) . During the year ended 30 June 2024, no Trustee expenses have been incurred (2023 - £NIL) .
12. Taxation
The Foundation is a registered charity and therefore is not subject to taxation.
13. Debtors
| Due within one year Prepayments and accrued income 14. Creditors: Amounts falling due within one year Other creditors Independent examiners fees |
2024 £ - |
2023 £ 7,084 |
|---|---|---|
| - | 7,084 | |
| 2024 £ 160 2,400 |
2023 £ 13 3,900 |
|
| 2,560 | 3,913 |
Page 14
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
15. Statement of funds
| Statement of funds - current year Balance at 1 July 2023 £ Unrestricted funds Designated funds 105 SE Development Fund 13,145 General funds General Funds 1,679 Total Unrestricted funds 14,824 Restricted funds Youth programmes 8,894 South East Programmes 24,500 Community Relief Fund 3,724 Humanitarian Aid 6,692 Health & Disability Programmes 5,177 Lions Clubs International Foundation 379 49,366 Total of funds 64,190 |
Statement of funds - current year Balance at 1 July 2023 £ Unrestricted funds Designated funds 105 SE Development Fund 13,145 General funds General Funds 1,679 Total Unrestricted funds 14,824 Restricted funds Youth programmes 8,894 South East Programmes 24,500 Community Relief Fund 3,724 Humanitarian Aid 6,692 Health & Disability Programmes 5,177 Lions Clubs International Foundation 379 49,366 Total of funds 64,190 |
Income £ - |
Expenditure £ (7,549) |
Transfers in/out £ - |
Balance at 30 June 024 £ 5,596 |
|---|---|---|---|---|---|
| 1,679 | 2,422 | (3,321) |
(223) | 557 | |
| 14,824 | 2,422 | (10,870) |
(223) |
6,153 | |
| 8,894 24,500 3,724 6,692 5,177 379 |
11,782 58,039 1,000 11,237 12,691 28,622 |
(8,859) (9662) (1,000) (14,130) (14,358) (30,051) |
(1) 49 - (1,125) - 1,300 |
11,816 72,926 3,724 2,674 3,510 250 |
|
| 49,366 | 123,371 | (78,060) | 223 | 94,900 | |
| 64,190 | 125,793 | (88,930) | - | 101,053 |
Page 15
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
15. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds Designated funds 105SE Development Fund General funds General Funds Total Unrestricted funds Restricted funds Youth programmes South East Programmes Community Relief Fund Humanitarian Aid Health & Disability Programmes Lions Clubs International Foundation Activity Alliance Total of funds |
Balance at 1 July 2022 £ 23,492 |
Income £ - |
Expenditure £ (10,347) |
Transfers in/out £ - |
Balance at 30 June 2023 £ 13,145 |
|---|---|---|---|---|---|
| 2,614 | 5,640 |
(6,235) |
(340) | 1,679 | |
| 26,106 | 5,640 |
(16,582) |
(340) |
14,824 | |
| 10,587 15,062 3,724 9,426 5,425 1,115 300 |
12,434 29,356 2,200 11,287 6,436 48,281 200 |
(13,335) (19,919) (2,200) (14,020) (7,476) (49,357) (500) |
(792) - - - 792 340 - |
8,894 24,499 3,724 6,693 5,177 379 - |
|
| 45,639 | 110,194 |
(106,807) | 340 | 49,366 | |
| 71,745 | 115,834 | (123,389) | - | 64,190 |
Page 16
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
Unrestricted funds
Designated funds 105SE Development Fund
Donations and legacies made to the Foundation for projects within the South East of England. In view of the nature of the donations it has been decided by the Trustees to move these funds into a designated fund for the development of the causes supported by the charity.
General funds
The 'free reserves' after allowing for all designated funds.
Restricted funds
Youth programmes
A range of activities for the development of young people, including support for youth organisations working with children and young people with disabilities and learning difficulties.
South East Charitable Programmes
This fund includes:
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a) donations to the Lions Air Ambulance Appeal for the support of Air Ambulance Kent Surrey and Sussex.
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b) donations received for the Lions International Blood Research Appeal based in Kings College Hospital, London.
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c) donations for the support of displaced persons, refugees and other needy people in or from countries around Belarus.
Community Relief Fund
Funds set aside to respond to international and local community disasters. These funds will enable the Foundation 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
Funds collected for international programmes and projects such as WaterAid, Street Children, School in a Box (Edukits) and Emergency Relief through UNICEF programmes. Includes donations made during the year to the Lions Sight Conservation Trust (Lions Sight Savers).
Health and Disability
This fund includes donations made to the MedicAlert Foundation, Lions International Eye Centre, Korle Bu (Ghana), Brain Tumour Research, various diabetes awareness projects, and other projects to foster good health and to benefit disabled persons.
Page 17
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
Lions Clubs International Foundation
The Foundation collects donations for Lions Clubs International Foundation (LCIF), based in Chicago, Illinois. LCIF enables Lions Clubs throughout the world to combine donations and 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.
LCIF also enables Lions to respond to provide a unique form of disaster relief providing initial aid to those affected by the disaster, and then helping in the rebuilding of communities affected by such things as building hospitals and schools and providing long term accommodation.
16. Summary of funds
Summary of funds - current year
| Balance at 1 July 2023 £ Designated funds 13,145 General funds 1,679 Restricted funds 49,366 64,190 Summary of funds - prior year Balance at 1 July 2022 £ Designated funds 23,492 General funds 2,614 Restricted funds 45,639 71,745 |
Balance at 1 July 2023 £ 13,145 1,679 49,366 |
Income £ - 2,422 123,371 |
Expenditure £ (7,549) (3,321) (78,060) |
Transfers in/out £ - (223) 223 |
Balance at 30 June 2024 £ 5,596 557 94,900 |
|---|---|---|---|---|---|
| 64,190 | 125,793 | (88.930) | - | 101,053 | |
| Income £ - 5,640 110,194 |
Expenditure £ (10,347) (6,235) (106,807) |
Transfers in/out £ - (340) 340 |
Balance at 30 June 2023 £ 13,145 1,679 49,366 |
||
| 71,745 | 115,834 | (123,389) | - | 64,190 |
Page 18
LIONS CLUBS INTERNATIONAL DISTRICT 105SE FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
17. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Current assets Creditors due within one year Total |
Unrestricted funds 2024 £ 8,713 (2,560) |
Restricted funds 2024 £ 94,900 - |
Total funds 2024 £ 103,613 (2,560) |
|---|---|---|---|
| 6,153 | 94,900 | 101,053 |
Analysis of net assets between funds - prior year
| Current assets Creditors due within one year Total |
Unrestricted funds 2023 £ 18,737 (3,913) |
Restricted funds 2023 £ 49,366 - |
Total funds 2023 £ 68103 (3,913) |
|---|---|---|---|
| 14,824 | 49,366 | 64,190 |
18. Related party transactions
The vast majority of the income of the Foundation arises from donations made by Lions Clubs across the South East of England. All of the Foundation Trustees are members of Lions Clubs in the South East of England from whom donations have been received. However, none of the donations received is considered to be material in the context of the operations of those Lions Clubs or the Foundation.
Howard Lee is a Trustee of the Lions Moorfields Korle Bu Trust (MLKBT), which runs the Lions International Eye Centre, Korle Bu. During the year the Foundation paid donations of £6,120 (2023: £5,774) to MLKBT under normal conditions in line with the Foundation’s operations.
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