Registered Charity Number 1161794
LENtIERHAND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2021

LENDERHAND
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31st MARCH 2021
Contènts Page
Trustees, Report
Independent Examiner's Report
Statement of Financial A¢tivities
Balance Sheet
Note8 lo the Accounts

LENDERHAND
REFERENCE AND ADMINISTRATIVE INFORMATION
Tru8tee#
Adam Fraeman
Jen￿le Grant
Jemma Leff
Andrèw Wtrenseld
Administrator
Karen Berman
Principal Addr•$s
Freeman House
Langston Road
Essex
IG10 3TQ
Reglsttrgd Charlty Number
1161794
Independtynt Examinèr
Heathar Mffteelhousa
Chartered Accountant
BDO LLP
55 Baker Street
Marylebone
London
W1U7EU
Bankers
Barclays Bank
Leicester
Leicestershire
Unrted Kingdom
LE87 288
Page.

LENDERHAND
TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021
Thè trustees have pleasum in présenting their report, togather with the accounts for thè year ended 31
March 2021.
Structure, 9ovemanc• and managomonl
Lenderhand was formed as a Charitable Incorporatèd Organisation under a eonstitulion adopted on 9th March
2015 and was registered as a charity on 22nd May 2015.
Thè affairs of the charity ar8 managed by the trustees wrth support from the administrator.
L8nd8rhand's Constttution atipulates that there should be a minimum of 418nd Maximum tsf 121 trustees. The
Trustees believ¢ that they can operate eff&ctiV8ly with the cu¥rent nurrber and make up of trustees. Trustee5
are only replaced when they no longer want tolara able lo act for the charity al which point the lead Trustee
sèèk8 to identify a suitable replacement from hi5 profe$$ional contacts. The Irustees review regularly whether
Ihey are suitably qualified and still able to effectively manage the Charty.
Trustsès
Tha trustee8 who have hetd office during the year were as follows..
Adam Freeman
Jennie Grant
Jemma Leff
Andrew Witzensèld
Objectlves and activities
The objoetlV9 Of the charity is to provide relief from h8rdship by the provision ol gotsd5 and services to
grantees.
The charity is tha rècipient of corporate donations and is responsible for identifying appropriate grante88 from
applicants.
Achlev•monts ahd pertomianeo
Review of Activities
The charity has continued to meet its objectives of raising funds so that it can dlstribute small grants to
individual8 that are suffering hardship.
Flnanelal Review
Overall.. The charity generated income of £34,024 and incurred expénditure of £34,304. Expenditure Inrjudes
grants made in furtherarce of the charity's objeGtives of £28.54512020." £9.866).
PolNGy on reseNes The trustees are aware of the r9quirement of the Charity Commissioners to review their
pollcy on reserves at regular intervals and il has the current policy to distribute an amount at least equal to all
incomin9 resources less the charitable 8th"vrbes.
Risk Review The trustees are mindful of their duty to ensure that the charity is not inappTOPri8tely exposed
to avoidable risk of any naturg. Each aspect of the charity's work and administration have been reviewed and
risks. both potential and actual. identified. Procedures and ssf8guards have been put in place to manage
thesè risks.
Pag¢".2

LENDERHAND
TRUSTEES, REPORT (CONTINUED}
G¢lng Concern
Atthe time of approving the accounts, the Trust88s have a reasonable expgctation that the eh8r¢ty has adequate
r050urces to continue in op&rational existence for thé foreseeabl& futura.
The trustees bolieve that whilst there is uncertainty relating lo the potential effect5 of Covid-19, thi8 does not
pose a material uneartainty on the charity's ability to continue a5 a going concem. The trustees thereforo btslieve
that it is appropriate to prepare the accounts on a going ¢on¢ern basis.
In March 2022. the charity had approximately £5,000 of cash availabl8. The trustee5 have prepared a stress
test and this confirms that should no further income be received. the ¢harrty is able to meet liabilities as thgy fall
due lor at least another 12 nK)nths from the dale of approval of the financial Statements.
Public B&nefflt
In overseeing the Charity's oporations the Trustees have paid due regard to the Charity Commissions guidance
on publi¢ bgnefit.
The charitable purpose of th8 charity is t*& rellaf of finan(#al hardship. The benefit offered by the charity is both
financi818nd service driven.
The charity rèceive5 unsolicrtèd applications from 8 wide Tange of individuals and tsrganisalions and e8¢h one is
considered on its own merits.
Trust••s' R¢$ponslblllUas
Charty law requires the trustees to prapare for each financial year a report 8nd statement of accounts for each
fin8n¢ial year that give a true an¢J fair view of the stat8 of affairs of thè charty and of its income and expenditure
for that perioLt. In preparing those statement of gcctsunts the trustees are required to".
sèléct suitsble accounting policies and applied them eon$i$tentty,'
observe the methtsd8 and principles in the Charities SORP.,
make judgements 8nd estimat85 vthich are considered reasonablè and prudent,. and
prepara the statement of accounts on Ihg going concÈm basis unless it is inappropliatè lo presumo
that the trust will coth"nu8.
The trustetrs are responsiblè for keeping prop8r 8ccounting records which di5clo$e at any time ihe financial
position of the trust with reasonable accuracy. It is also the trustees. raspon5ibility to safeguard thè 855ets of the
trust and to take reasonable steps to prev8nt and detect fraud and other irregulailtie5.
This r8POrt was approved by the Trust8es, on
and signed on their beh81f by." Charity code of Gov8mance
zq l03lioLL
Jennɕ Grant- Trustee
Pa8e".3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LENDERHAND
I report to the trustees on my examination of the accounts of the charity for the year &nded 31. March 2021, whil* are
set out on pages 5 to 9.
This report is made solely to thé charit1$ trusteès, 8$ a body, in accordance with Regulation 31 of the Charities
{Accounls and Reports) Regulations 2008. My WOTk ha5 been undertaken sci that I might state lo the ¢harity's trustees
those matters l am required to state lo them in an independent èxaminerf5 report and for no other purpose. To the
fvllest extent permitted by law, I do not accept or assume responsibility to anyone other Ih8n the Charitys Iruslees as
body, foi my work, for this report, or for the statement I have made.
Responslbllltle$ and ba$1$ for report
As the charity trustees of the charity you are responsible for the preparation of the a¢¢oun15 in accordance with the
iequiremenls of th& Charities Act 2011 1.the 2011 ACTI.
I report in réspÈ¢t of my examination of ihe charity's accounts carried out LJndÈr se¢tion 145 of the 2011 Act and in
¢airying out my examination I have followed all the applicable Dire¢b"ons given by the Charity Commission under
section 14515llbl of the Act.
Indepèndent examin0￿3 ststement
I conffirm that l am qualified to undertake the examination because l a mamber of ACA, which is one of the listed
bodies. I have cotnpleled my exarnination. I confirm that nts maleiial matters have come lo my attention in ctsnne¢tion
with the examination giving me cause to believe..
accounting ra¢ords were not kept in respect of the charity a$ required by section 130 of the Act., or
2. the accc*unts do not accord wyth those re¢ords,' or
3. the accounts do not comply with the accounting requirernents concerning the form and content of the
accounts set out in the Charitie5 IAccounts and Reportsl Regulation$ 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., or
4. the accounts have not been prepared in accordance with the methods and principlès of the
statement of Recommènded Pradice for accounting and raporting by charities.
I have no concems and have come across no other matters in conne¢tlon with the examinat'on to which
attention should be drawn in this report in order to enab￿ a proper understanding of the accounts to be
reached.
DoCuS*￿j￿.'
Ilouse ACA
BOO LLP
L￿dorn
D81e.. 29 March 2022
P?ge '.4

LEIqDERHAND
STATEMENT OF FINANCIAL ACTIVITIES
FOR TME YEAR ENDED 31sIMARCH 2021
202q
2020
Ntste5
Income
from:
Donations
34,024
28.995
Total
34,024
28,995
Expenditure on:
Charitable a¢b'Mb"es
34,304
24,449
Total
34,304 24,449
Ngt IExpèndlturelllneom* and
Movement In Funds
Roeortrciliation olfunds
12801
4.456
Total funds brought forward
Total Fund Balancgs Carrlgd
Fory¢ard
5.455
5.455
5.176
Th8 notes on pages 7 to 9 lorrn part of these arxounts. All
the charity's activities are classed as continuing.
Pa8¢".5

BALANCE SHEET
ASAT
MARCH 2021
2021
2020
Notes
Current Assets
Debtors- Donations confirmed
Prepayments
3,489
Cash at bank
5,333
8.176
10,862
14,351
Llabilities: Amounts Falllng Due
Within Ona Year
{3.0011
18,8961
Net Current Assets
5.175
5,455
Net Assets
5.175
5,455
Unrestricted Reserves
5,455
The financial slalements werè approved and authorise(I for issue by the Truste&8 on ifi | 03 I Zo LL
T¢J
and signed on their behalf by".
Jonnie Grant- Truste•
The not85 on pages 7 lo 9 form part of these accounts.
Page".6

LENDERHAND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2021
Background information
Lenderhand is a Charitable Incorporated Organisation under a constitution adopted on 91h March 2015
and was registered as a charity ()n 22￿ May 2015 under number 11e1794 with the Charities Commission
n England and Wales. It is a public benefit entity, it is domi¢iled in England and Wales and ils prin¢ipal
office is at Fieeman House, Langston Road, Essex IG10 3TQ.
The object￿e of the charity is to provide relief from hardship by thè provision of goods and serwces and
il ¢onlinues to rneet this objective through the making of grants.
The financial statements have been prepared in p(>unds 51erfing and the figures are rounded to th6
nearest £.
A¢eounting Policies
8asls of Accountlng
The accounts are preparèd under the historical cost ¢(trnvenlion and on the going ¢oncem basis.
The accounts (financial statements) have been prepared in a¢¢ordance wth the Slalemenl of
Recommended Pra¢tice.' Accounting and Reporting by Charrties preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of ITeland IFRS
1021 leffectsve 1 January 2019 (Charities SORP FRS1021 and issued on 16 July 2014 and the Financial
Reporting Standard applicabl6 in the United lQngdom and Republic of Ireland IFRS 1021 (September
20751 and the Charities A¢t2011.
The accounts lfinancial statements) have been prepared to givè a Yrue and fairf view and have departed
from the Gh81ilies (Accounts and Reports) Regulations 2008 only lo the extènt required lo provide a'lrue
and fair view.. This departure has involved lollowng Accounting and Reporting by Charities preparing
their accounts in accordancè with the Financial Reporting Standard applicable IN the UK and Republic of
Ireland IFRS 1021 issued on 16 JLtly 2014 rather than the Accounting and Reporting by Charities..
Statement of Recomménded Practice effoctiva from 1 April 2005 which h&8 since been withdrawn.
Going Concern
In the opinion of thè Trustees there aro Th) m3terYal uncertainties related lo events or oondrf(ions that cast
significant doubt on the ability of the charity lo continue as a going concern. For this reason the going concein
basis eonlinues lo be adopted in the preparation of the charty's finanaal statements.
Al the time of approving the accounts, the Trustees have 3 ￿35Qnable expèctalitsn that the charity has
2dÈquate ￿souTCaS to continue in operational existence for the foreseeable future.
Thé tru$lees believe that whilst there is uncertainty relating to the potential effects of Covid-19, this does not
pose a material uncertainty on the charity's ability lo continue as 3 going COn￿rn. The trustees therefore
belltrve that it is appropriate lo prepare the accounts on a going wncem basis. In January 2022, the charfly
had approximately £5,000 of cash available.
The trusteès h8ve wepared a St￿$9 lesl and this confimi3 that shoutd no further incom& be received, the
charity is able lo meet liabilit16s as they fall due fr)r al least anolher 12 months from the date of approval of the
financial slatemenls.
Income
Income is re¢ognised when thè ¢harily is entided tr) receipt, when receipt is probable and arnounts can
be measured reliably.
E¥pendlture
Grants payable [ap￿sent those approved for payment, which have beèn notified to the iecipient in the
period of the awunts. Other expendituie is recognised on an accruals basis when a liability is incurred.
Pa8¢'.7

LENDERHAND
NOTES TO THE ACCOUNTS
FOR THEYEAR ENDED 31ST MARCH 2021
Flnanclal Instrum•nts
Financial instruments are classified and accounted for, according to the substsn¢e of the conliactual
arrangement, as èither financial assets, financial lia￿"1￿èS or equity instruments. An equity instrument is
any contract that ¥vidences a residual interest in the assets of Ihe charitable company after deducting all
of ts liabilities.
Fund accountlng
Unrestricted funds arè available for use al the discretion of the Tfuslees in furtherance of Ihe general
oblo¢1ive8 of the charity.
Judgem•nts in Applying Accountlng Policies and Kgy Sourcos of Estimatlon Uncortalnty
In the application of the charity's aocounts'ng poliaes, thtr Trustees are required lo make judgements,
eslimales and assurnplions about the carrying amounts of assets and liabllilies that are not readily
apparent from tsthef sources. The estimatès and associated assumptions are based on historitr81
experience and other factor5 that are considered lo be relevant. Actual r8sults may differ from these
estimates.
The eslimales and underfying 8$sumplions are reviewed on an ongoing basis. Revisions lo accounting
estimatas are recognised in the period in which the estimate is rewsed if the revision affè¢15 only that
period, or in Ihg perlod of the revision and firture periods if the revision affects both current and future
periods.
There were no judgement or mat8rtal e$limation uncertaintia$ affecting the reported finanrjal
perfomance in the current 01 prior year.
Charltable Artlvltles
2021
2020
Grants
26,545
7,759
34,304
28.955
Administratbn expenses (note 61
14,583
24.449
All grant5 awarded durSng the year were to indivlduals.
Staff Costs
There were no employees of the Irusl. No trustees recesved any remuner*ion or expenses reimbursed.
Admlnl$tratlon expenses
2021
2020
Irbdependent examiner's fees
Corporation tax return preparation fees
Bank charges
Marketing expenses
Administration expen5e5
Insuran
2,145
3,600
388
IZ551
612
254
7,362
834
4,168
834
7,759
14,583
Pa8e.8

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH 2021
Liablliti•s: Amounts Falling Due Withln
One Y9ar
2021
2020
Sundry creditors
A¢cruals
601
2AOO
4,696
4,200
8,896
Transaction$ wfjth Tru$tges and Relat•d Per¥on$
During the year the Charity re￿iVed £3,353 from PDL Finane8 Limited. a cornpany in whlch 2 01 the
trustees a￿ dirèctors. As at the balance sheet date the amount du8 from PDL Finance Limited to the Charity
was ￿.841{2020.. £3,48918nd is indudgd within dobtors.
Pag¢.9