**Charity number: 1164711**
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**Including Multiple District 105 Charity Trust (Reg No. 1164711-1) Including M D 105 Youth Activities Trust (Reg No. 1164711-2)**
## **INDEPENDENTLY EXAMINED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2021**
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
|**CONTENTS**||
|---|---|
||Page|
|**Reference and administrative details of the Charity, its Trustees and advisers**|1 - 2|
|**Trustees' report**|3 - 6|
|**Independent examiner's report**|7|
|**Statement of financial activities**|8|
|**Balance sheet**|9|
|**Notes to the financial statements**|10 - 22|
**LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2021**
|**Trustees**|Andrew Pemberton|
|---|---|
||Thomas Berry|
||Philip Goodier|
||Linda Picton (resigned 1 October 2020)|
||Philip Robinson|
||Stewart Sherman|
||Corinne Ashburner|
||Ian Gott|
||Alastair Joel|
|**Charity number**
1164711
**Principal office**
257 Alcester Road South
Kings Heath
Birmingham
B14 6DT
**Chair**
Stewart Sherman
**Secretary**
Andrew Pemberton
**Treasurer**
Thomas Berry
**Independent examiner**
Duncan Cochrane-Dyet
MHA MacIntyre Hudson
Chartered Accountants
71 New Dover Road
Canterbury
Kent
CT1 3DZ
**Bankers**
Lloyds Bank Ltd
Market Harborough Branch (309547)
BX1 1LT
**Bankers**
Barclays Bank plc
9 St George's Street
Canterbury
CT1 2JX
**Bankers**
CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
**Bankers**
National Westminster Bank
11 The Parade
Canterbury
Kent
CT1 2SQ||
Page 1
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **Bankers**
Nationwide Building Society Kings Park Road Moulton Park Northampton NN3 6NW
Page 2
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2021**
The Trustees present their annual report together with the financial statements of the Lions Clubs International Multiple District 105 Foundation for the 1 July 2020 to 30 June 2021.
## **Objectives and activities**
## **a. Grant-making policies**
Projects and charities supported by the MD 105 Foundation are those supported by the Lions Clubs of Multiple District 105 and British Isles, some of the projects determined by Lions Clubs International Foundation, constituted in the United States of America. These projects and charities include aid schemes and community support at an international and national level. The scale and level of any donation to the Charity by an individual Lions Club is determined by the members of that Club.
## **b. Public benefit**
The Foundation operates 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**
The MD 105 Youth Trust is included in the MD 105 Foundation and individual Lions clubs make a donation of £4.00 a member toward this fund.
There was expenditure of £4,000 to organise the following activities:
- a Young Ambassadors programme with entrants from across the United Kingdom
- supporting a Young Leaders in Service Programme.
The restrictions applied to meetings and travel due to the impact of COVID 19 resulted in the cancellation of the annual International Youth Camp and Youth Exchange Progamme.
The Foundation supported the Lebanese Lions work in bringing relief to those affected by the August 2020 Beirut explosion with a donation of £10.000 to Lions Clubs International Foundation.
The Foundation supported the Croatian Lions work in bringing relief to those affected by the December 2020 Earthquake £12,500.
As reported last year the Foundation received a donation of £155,000 from Lions Clubs International Foundation to support Air Ambulance operations across the UK to ensure their PPE and other equipment was COVID ready. At 30th June 2020 £37,000 had been donated to 4 Air Ambulance operations, during the year to June 2021 the balance, £118,000 of the donation was donated to another 14 Air Ambulance Services and £3,358 was returned to Lions Clubs International Foundation.
During the year the Trustees worked on reviewing Governance, policies, practices, structures, and strategy of the Foundation. All the recommendations contained the final Report presented October 2020 were accepted. New Trustees from the cohort of Immediate Past Governors, Current Governors. VDG and VDG2 have been nominated, 4 Trustees have been interviewed and appointed following an advert requesting applications from suitably qualified candidates and we are continuing to implement the recommendations.
Page 3
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **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.
## **b. Reserves policy**
The reserves of the Foundation are held in restricted funds or funds awaiting the Trustees decision for their disposal. The Trustees consider that the trust should build and maintain a reserve of £10,000 to cover the annual operating cost of the charity.
## **c. Financial review**
The donated income of the Charity during this financial year was £32,757 (2020: £372,141) which consists of £32,757 of donations (2020: £364,173), and £Nil (2020: £7,968) from legacy income. As shown in the statement of financial activities, the overall loss for the year amounts to £148,818 (2020: £47,041 surplus). Total reserves at the end of the year amount to £417,987 (2020: £566,805) of which £301,099 (2020: £440,333) are restricted funds.
## **d. Risk management**
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 minimise these risks. As part of this process the Multiple District 105 The British Isles has appointed officers to ensure compliance with the legislation concerning the protection of vulnerable persons, Data protection and to maintain a review of its insurance policies.
Page 4
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021**
## **Structure, governance and management**
## **a. Constitution**
The Lions Clubs International Multiple District 105 Foundation is a registered charity, registered charity number 1164711. The Trust is constituted by a Deed of Trust dated the 4th December 2015.
The Trustees of Lions Clubs International Multiple District 105 Charity Trust agreed to transfer the assets of the Charity Trust into LCI MD105 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 25th May 2016.
The Trustees of Lions Clubs International M D 105 Youth Activities Trust agreed to transfer the assets of the Trust into LCI MD105 Charity Foundation and the Trustees of the Foundation accepted the assets as funds as directed by the donors.
The Charity Commission at the request of the Trustees of both Charities linked the Charities on the 28th June 2019.
The effect of this linking is that:
- The Charities are registered under a single registration number.
- The Trustees are required to prepare a single set of accounts for the reporting Charity and the linked
In November 2020 the Charity Commission agreed to a revision of the Constitution removing the provision for an ex-officio Trustee and clarifying the procedure for appointing Trustees.
## **b. Methods of appointment or election of Trustees**
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
## **c. Organisational structure and decision-making policies**
The Trustees who have served during the period are set out in page 1. The Trustees are appointed by the foundation under the Terms of the constitution. Trustee meetings are held regularly during the period. The Trustees' amount of remuneration or expenses received during the period was £nil (2020: £nil).
Page 5
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
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:
**Thomas Berry** Treasurer
> Date: 25th October 2021
Page 6
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2021**
## **Independent examiner's report to the Trustees of Lions Clubs International Multiple District 105 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: 26 October 2021
Duncan Cochrane-Dyet BSc BFP FCA
MHA MacIntyre Hudson Canterbury United Kingdom
Page 7
**LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021**
|**Note**
**Income and**
**endowments from:**
Donations and
voluntary income
4
Investment income
5
**Total income and**
**endowments**
**Expenditure on:**
Charitable activities
6
**Total expenditure**
**Net movement in**
**funds**
**Reconciliation of**
**funds:**
Total funds brought
forward
Net movement in
funds
**Total funds carried**
**forward**|**Unrestricted**
**funds**
**2021**
**£**
**1,579**
**422**
**2,001**
**11,711**
**11,711**
**(9,710)**
**83,794**
**(9,710)**
**74,084**|**Restricted**
**funds**
**2021**
**£**
**31,052**
**-**
**31,052**
**170,286**
**170,286**
**(139,234)**
**440,333**
**(139,234)**
**301,099**|**Endowment**
**funds**
**2021**
**£**
**126**
**-**
**126**
**-**
**-**
**126**
**42,678**
**126**
**42,804**|**Total**
**funds**
**2021**
**£**
**32,757**
**422**
**33,179**
**181,997**
**181,997**
**(148,818)**
**566,805**
**(148,818)**
**417,987**|_Total_
_funds_
_2020_
_£_
_372,141_
_629_|
|---|---|---|---|---|---|
||||||_372,770_|
||||||_325,729_|
||||||_325,729_|
||||||_47,041_|
||||||_519,764_
_47,041_|
||||||_566,805_|
The Statement of financial activities includes all gains and losses recognised in the year and the prior year.
The notes on pages 10 to 22 form part of these financial statements.
Page 8
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **BALANCE SHEET AS AT 30 JUNE 2021**
|**Note**
**Current assets**
Cash at bank and in hand
Creditors: amounts falling due within one
year
11
**Net current assets**
**Total net assets**
**Charity funds**
Endowment funds
12
Restricted funds
12
Unrestricted funds
12
**Total funds**|**421,077**
**421,077**
**(3,090)**|**2021**
**£**
**417,987**
**417,987**
**42,804**
**301,099**
**74,084**
**417,987**|_569,805_
_569,805_
_(3,000)_|_2020_
_£_
_566,805_|
|---|---|---|---|---|
||||||
|||||_566,805_|
|||||_42,678_
_440,333_
_83,794_|
||||||
|||||_566,805_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
## **Thomas Berry** Treasurer
## Date: 25th October 2021
The notes on pages 10 to 22 form part of these financial statements.
Page 9
**LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **1. General information**
Lions Club International Multiple District 105 Foundation is an incorporated charitable organisation registered in England and Wales. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities is the distribution of donations made to the Fund by member of Lions Clubs of District 105.
## **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 Multiple District 105 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 and is 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 from Member Lions Clubs of Clubs International are recorded as received fron 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 Multiple District 105 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 charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
Page 10
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **2. Accounting policies (continued)**
## **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**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured 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.
## **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.
Page 11
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **4. Donations and voluntary income**
|Youth programmes
Community projects
International projects
Health and community grants
Community disaster relief
International disaster relief
Other donations
Legacy income
**Total 2021**
_Total 2020_|**Unrestricted**
**funds**
**2021**
**£**
-
-
-
-
-
-
1,579
-
1,579
_11,036_|**Restricted**
**funds**
**2021**
**£**
15,997
625
7,045
3,435
1,100
2,850
-
-
31,052
_361,105_|**Endowment**
**funds**
**2021**
**£**
-
-
-
-
-
-
126
-
126
_-_|**Total**
**funds**
**2021**
**£**
**15,997**
**625**
**7,045**
**3,435**
**1,100**
**2,850**
**1,705**
**-**
**32,757**
_372,141_|_Total_
_funds_
_2020_
_£_
_59,234_
_174,908_
_19,462_
_10,404_
_55,806_
_41,291_
_3,068_
_7,968_|
|---|---|---|---|---|---|
||||||_372,141_|
|||||||
## **5. Investment income**
|**Unrestricted**
**funds**
**2021**
**£**
Bank interest receivable
422
_Total 2020_
_629_|**Total**
**funds**
**2021**
**£**
**422**
_629_|_Total_
_funds_
_2020_
_£_
_629_|
|---|---|---|
||||
Page 12
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **6. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Charitable activities
_Total 2020_|**Unrestricted**
**funds**
**2021**
**£**
11,711
_11,279_|**Restricted**
**funds**
**2021**
**£**
170,286
_314,450_|**Total**
**funds**
**2021**
**£**
**181,997**
_325,729_|_Total_
_funds_
_2020_
_£_
_325,729_|
|---|---|---|---|---|
||||||
## **7. Analysis of expenditure by activities**
|Charitable activities
_Total 2020_|**Activities**
**undertaken**
**directly**
**2021**
**£**
172,561
_312,978_|**Support**
**costs**
**2021**
**£**
9,436
_12,751_|**Total**
**funds**
**2021**
**£**
**181,997**
_325,729_|_Total_
_funds_
_2020_
_£_
_325,729_|
|---|---|---|---|---|
||||||
Page 13
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **7. Analysis of expenditure by activities (continued)**
## **Analysis of direct costs**
|Youth programmes
Community projects
International projects
Health and community grants
Community disaster relief
International disaster relief
Training
Other programmes
**Total 2021**
_Total 2020_
**Analysis of support costs**
Bank charges
Miscellaneous
Independent examination fee *
Legal and professional fees
**Total 2021**
_Total 2020_|**Activities**
**2021**
**£**
5,253
119,746
14,498
7,877
5,000
17,912
-
2,275
172,561
_312,978_
**Activities**
**2021**
**£**
503
326
3,091
5,516
9,436
_12,751_|**Total**
**funds**
**2021**
**£**
**5,253**
**119,746**
**14,498**
**7,877**
**5,000**
**17,912**
**-**
**2,275**
**172,561**
_312,978_
**Total**
**funds**
**2021**
**£**
**503**
**326**
**3,091**
**5,516**
**9,436**
_12,751_|_Total_
_funds_
_2020_
_£_
_48,940_
_113,885_
_25,096_
_27,069_
_16,213_
_80,061_
_1,714_
_-_|
|---|---|---|---|
||||_312,978_|
||||_Total_
_funds_
_2020_
_£_
_597_
_490_
_5,604_
_6,060_|
||||_12,751_|
|||||
* Included within the independent examination fee of £5,604 above for the 2020 financial year is £1,526 of independent examiner fees paid on behalf of Lions Club International MD105 Youth Activities. The entity was merged into MD105 Charity Trust in the 2019 financial year so this fee is non-recurring expenditure. For the 2021 year, the independent examination fee relates solely to the fees incurred by the charity.
Page 14
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **8. Independent examiner's remuneration**
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's independent examiner for the independent|||
|examination of the Charity's annual accounts|**3,091**|_5,604_|
## **9. Related party transactions, 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)_ .
There have been no other related party transactions in the year (2020 - none).
## **10. Taxation**
The Foundation is a registered charity and therefore is not subject to taxation.
## **11. Creditors: Amounts falling due within one year**
||**2021**|_2020_|
|---|---|---|
||**£**|_£_|
|Accruals and deferred income|**3,090**|_3,000_|
Page 15
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **12. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
**Designated funds**
Training Fund
ChildSight
Governance
**General funds**
General funds - Foundation
**Total Unrestricted funds**
**Endowment funds**
Burt Mason Bursary
John Hunt Memorial Fund
MD105 Youth Investment|**Balance at 1**
**July 2020**
**£**
**7,501**
**10,000**
**5,000**
**22,501**
**61,293**
**83,794**
**32,281**
**5,000**
**5,397**
**42,678**|**Income**
**£**
**-**
**100**
**-**
**100**
**1,901**
**2,001**
**-**
**-**
**126**
**126**|**Expenditure**
**£**
**-**
**-**
**(4,547)**
**(4,547)**
**(7,164)**
**(11,711)**
**-**
**-**
**-**
**-**|**Transfers**
**in/out**
**£**
**6,500**
**-**
**5,000**
**11,500**
**(11,500)**
**-**
**-**
**-**
**-**
**-**|**Balance at**
**30 June**
**2021**
**£**
**14,001**
**10,100**
**5,453**|
|---|---|---|---|---|---|
||||||**29,554**|
||||||**44,530**|
||||||**74,084**|
||||||**32,281**
**5,000**
**5,523**|
||||||**42,804**|
Page 16
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **12. Statement of funds (continued)**
|**Restricted funds**
Youth fund
Community fund
International fund
Health fund
Community disaster fund
International disaster fund
Special Olympics
Activity Alliance
**Total of funds**|**Balance at 1**
**July 2020**
**£**
**108,643**
**117,796**
**11,828**
**3,506**
**64,981**
**102,358**
**23,169**
**8,052**
**440,333**
**566,805**|**Income**
**£**
**15,997**
**350**
**7,045**
**3,160**
**1,100**
**2,850**
**275**
**275**
**31,052**
**33,179**|**Expenditure**
**£**
**(5,253)**
**(119,746)**
**(14,498)**
**(1,200)**
**(5,000)**
**(17,912)**
**-**
**(6,677)**
**(170,286)**
**(181,997)**|**Transfers**
**in/out**
**£**
**-**
**2,000**
**-**
**-**
**(2,000)**
**-**
**-**
**-**
**-**
**-**|**Balance at**
**30 June**
**2021**
**£**
**119,387**
**400**
**4,375**
**5,466**
**59,081**
**87,296**
**23,444**
**1,650**|
|---|---|---|---|---|---|
||||||**301,099**|
||||||**417,987**|
Page 17
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **12. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
**Designated funds**
Training Fund
Korle Bu
Brain Tumour Research
Youth Fund
Young Ambassadors
Youth Camp
Youth Transport
Youth Fund Reserve
ChildSight
Governance
**General funds**
General funds - Foundation
**Total Unrestricted funds**
**Endowment funds**
Burt Mason Bursary
John Hunt Memorial Fund
MD105 Youth Investment|_Balance at_
_1 July 2019_
_£_
_29,000_
_10,000_
_10,645_
_32,896_
_3,966_
_1,228_
_837_
_24,476_
_-_
_-_
_113,048_
_104,670_
_217,718_
_32,281_
_5,000_
_-_
_37,281_|_Income_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_11,665_
_-_
_-_
_-_
_-_
_-_|_Expenditure_
_£_
_(1,499)_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_(1,499)_
_(9,780)_
_(11,279)_
_-_
_-_
_-_
_-_|_Transfers_
_in/out_
_£_
_(20,000)_
_(10,000)_
_(10,645)_
_(32,896)_
_(3,966)_
_(1,228)_
_(837)_
_(24,476)_
_10,000_
_5,000_
_(89,048)_
_(45,262)_
_(134,310)_
_-_
_-_
_5,397_
_5,397_|_Balance at_
_30 June_
_2020_
_£_
_7,501_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_10,000_
_5,000_|
|---|---|---|---|---|---|
||||||_22,501_|
||||||_61,293_|
||||||_83,794_|
||||||_32,281_
_5,000_
_5,397_|
||||||_42,678_|
Page 18
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **12. Statement of funds (continued)**
|_Balance at_
_1 July 2019_
_£_
**Restricted funds**
Youth fund
_32,530_
Community fund
_29,774_
International fund
_6,552_
Health fund
_(13,446)_
Community disaster fund
_80,715_
International disaster fund
_99,465_
Lions Club donations
_25,000_
Special Olympics
_-_
Activity Alliance
_4,175_
_264,765_
**Total of funds**
_519,764_
**13.**
**Summary of funds**
**Summary of funds - current year**
**Balance at 1**
**July 2020**
**£**
Designated funds
**22,501**
General funds
**61,293**
Endowment funds
**42,678**
Restricted funds
**440,333**
**566,805**|_Income_
_£_
_59,234_
_171,183_
_19,462_
_6,527_
_55,806_
_41,291_
_-_
_3,725_
_3,877_
_361,105_
_361,105_
**Income**
**£**
**100**
**1,901**
**126**
**31,052**
**33,179**|_Expenditure_
_£_
_(52,126)_
_(112,885)_
_(25,096)_
_(27,069)_
_(16,213)_
_(80,061)_
_-_
_(1,000)_
_-_
_(314,450)_
_(325,729)_
**Expenditure**
**£**
**(4,547)**
**(7,164)**
**-**
**(170,286)**
**(181,997)**|_Transfers_
_in/out_
_£_
_69,005_
_29,724_
_10,910_
_37,494_
_(55,327)_
_41,663_
_(25,000)_
_20,444_
_-_
_128,913_
_-_
**Transfers**
**in/out**
**£**
**11,500**
**(11,500)**
**-**
**-**
**-**|_Balance at_
_30 June_
_2020_
_£_
_108,643_
_117,796_
_11,828_
_3,506_
_64,981_
_102,358_
_-_
_23,169_
_8,052_|
|---|---|---|---|---|
|||||_440,333_|
|||||_566,805_|
|||||**Balance at**
**30 June**
**2021**
**£**
**29,554**
**44,530**
**42,804**
**301,099**|
|||||**417,987**|
Page 19
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **13. Summary of funds (continued)**
## **Summary of funds - prior year**
|Designated funds
General funds
Endowment funds
Restricted funds|_Balance at_
_1 July 2019_
_£_
_113,048_
_104,670_
_37,281_
_264,765_
_519,764_|_Income_
_£_
_-_
_11,665_
_-_
_361,105_
_372,770_|_Expenditure_
_£_
_(1,499)_
_(9,780)_
_-_
_(314,450)_
_(325,729)_|_Transfers_
_in/out_
_£_
_(89,048)_
_(45,262)_
_5,397_
_128,913_
_-_|_Balance at_
_30 June_
_2020_
_£_
_22,501_
_61,293_
_42,678_
_440,333_|
|---|---|---|---|---|---|
||||||_566,805_|
## **General Fund**
Includes donations and legacies made principally to support projects which cannot be classified within the Trust's main headings. It also includes funds for which have been donated in advance of any designation or restriction applied by or notified to the Trustees.
## **Designated Funds**
As at 28 June 2019, the assets and funds of M D 105 Youth Activities Trust (linked charity) totalling £100,684 was donated to the MD105 Foundation. The funds transferred are below:
**Youth and General** - Donations to the Youth Trust are received into the Youth Fund and are designated by the Trustees to fund the various programmes of the Trust. The General fund covers some of the costs of the Young Leaders in service programmes, and may provide leaflets and other materials to be used by the Trust in support of its objectives. The Trustees made the decision to close the designated fund and transfer the balance to the general fund.
**Young Ambassadors** - The aim of this programme which operates throughout Europe, is to recognise, encourage and support young people who are actively involved in the welfare of the community. In previous years, candidates have been involved in helping the young and older people, able, disabled and disadvantaged. Candidates have also organised projects in conservation, crime prevention, hospital radio and promoting healthier lifestyles.
**Youth Camps & Youth Exchange** - is a programme committed to broading the international awareness amoung young people worldwide. The programme emphasis the value of community life and sharing in a different country giving young people through learning and experience an enhanced international understanding and awareness.
Page 20
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
**Young Transport** - is a programme that provides funds for the travel of attendees at the Youth camp and between their hosts within the United Kingdom. Transfers from this fund to the Youth Camp & Youth Exchange funds are in respect of the transportation of young people on the youth exchange programme.
**Youth Fund Reserve** - has been created to ringfence a surplus in reserves that is available to fund shortfalls on future Youth projects.
**John Hunt Memorial Fund** - is a fund set up in appreciation of a donation received in memory of John Hunt, a past district governor of Lions Clubs International. The Trustees have chosen to ringfence the donation to fund the support and development of young people.
## **Restricted Funds**
**The Burt Mason Bursary Endowment fund** - is a restricted endowment fund set up in appreciation of Burt Mason, an International President of Lions Clubs International. The fund provides for the attendance of members of our Youth organisation to attend an International Youth Camp. Both the endowment and the interest may be used if felt justified by the trustees.
**Community Funds** - The community fund includes donations and legacies made in support of the Lions community projects, within the Lions Clubs International MD105. It provides funds in support of the shelter at the National Arboretum and the Blind Veteran's Association.
**International Fund** - This fund includes donations and legacies made in support of the Lions International projects, and International Appeals within the Lions Clubs International MD105. It provides funds to support projects to provide for Street children, Clean water and the preservation of sight. The Fund also holds funds to benefit International Programmes awaiting distribution by the Trustees.
**Health Fund** - This fund includes donations and legacies made in support of the community partnerships, within the Lions Clubs International MD105. It provides funds supporting Medicalert Special Olympics (GB) the English Federation of Disability Sport, Marie Curie, Speech and Hearing Projects.
**Community Disaster Fund** - This fund has been established so that the Charity can act quickly when disasters occur within England, Wales, and Scotland. Funds raised will be used to help provide the right kind of support to those in need as swiftly as possible. Last year, the Charity completed the separation of the two disaster funds.
**International Disaster Fund** - This fund has been established so that the Charity can act quickly when disasters occur outside of England, Wales, and Scotland. Funds raised will be used to help provide the right kind of support to those in need. These funds will be used to help deal with disasters around the world. The aim is to assist those in need as swiftly as possible.
**Special Olympics Fund** - This fund holds restricted donations for supporting the Special Olympics National Summer or Winter Games.
Page 21
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021**
## **14. Analysis of net assets between funds**
## **Analysis of net assets between funds - current year**
|**Unrestricted**
**funds**
**2021**
**£**
Current assets
77,174
Creditors due within one year
(3,090)
**Total**
74,084
**Analysis of net assets between funds - prior year**
_Unrestricted_
_funds_
_2020_
_£_
Current assets
_86,794_
Creditors due within one year
_(3,000)_
**Total**
_83,794_|**Restricted**
**funds**
**2021**
**£**
301,099
-
301,099
_Restricted_
_funds_
_2020_
_£_
_440,333_
_-_
_440,333_|**Endowment**
**funds**
**2021**
**£**
42,804
-
42,804
_Endowment_
_funds_
_2020_
_£_
_42,678_
_-_
_42,678_|**Total**
**funds**
**2021**
**£**
**421,077**
**(3,090)**
**417,987**
_Total_
_funds_
_2020_
_£_
_569,805_
_(3,000)_
_566,805_|
|---|---|---|---|
|**Analysis of net assets between funds - prior**||||
|Current assets
Creditors due within one year
**Total**||||
Page 22