**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 2024**
## **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 2024**
|**Trustees**|Andrew Pemberton|
|---|---|
||Thomas Berry|
||David Atkins|
||Alan Hall (resigned 30 June 2024)|
||Stewart Sherman|
||Corinne Ashburner (resigned 20 June 2024)|
||Ian Gott|
||David McKirdy|
||Paula Mellows|
||Ravinder Sandhu|
||Stuart Young|
||Dianne Hopkins (appointed 1 July 2023)|
||Heather Yaxley (appointed 3 March 2023)|
||Glyn Williams (appointed 1 July 2024)|
||Kevin Hunter (appointed 1 July 2024)|
||Pete Dilloway (appointed 1 July 2024)|
||Lesley Spence (appointed 1 July 2024)|
||Dave Seager (appointed 1 July 2024)|
|**Charity number**
1164711
**Principal office**
257 Alcester Road South
Kings Heath
Birmingham
B14 6DT
**Chair**
Stewart Sherman
**Secretary**
David Atkins
**Treasurer**
Paula Mellows
**Independent examiner**
David Boosey BA(Hons) CA
MHA
Victoria Court
17-21 Ashford Road
Maidstone
United Kingdom
ME14 5DA
**Bankers**
Lloyds Bank Ltd
Market Harborough Branch (309547)
BX1 1LT
**Bankers**
Barclays Bank plc
9 St George's Street
Canterbury
CT1 2JX||
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 2024**
**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 **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 2024**
The Trustees present their annual report together with the financial statements of the Charity for the period 1 July 2023 to 30 June 2024.
## **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 are requested to donate £4 a member toward this fund. In the year to 30 June 2024, only 68% of potential donations were received totalling £26,726. The Trustees have requested the Council of Governors to do a full review and to identify the Youth projects the Lions of MD wish the MD 105 Foundation to support in future years – we are still waiting for this review to be undertaken.
There was expenditure of £25,525 to organise the following activities:
- Young Ambassadors programme with entrants from across the United Kingdom
- Supporting a Young Leaders in Service Programme
- Peace Poster & Essay Competition
- Jubilee Sailing Trust – Ship Shape Award
- Youth Exchange Camp
The annual International Youth Camp was cancelled in 2023 but will go ahead this year in August 2024.
The Foundation has continued to support the work of Lions Clubs in MD 105 British Isle through Grants.
A £3,000 grant was made to Retford Lions for flood relief, and £306 was granted to the Deepings Lions for the hire of some portaloos for homes that had been affected by the floods.
During the year, the Trustees have continued to implement the recommendations on governance, policies, practices, structures, and strategy of the Foundation accepted in October 2020. Trustee appointments have continued in line with this document.
Page 3
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 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. 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 £62,519 (2023: £82,360) which all consisted of donations for current and prior year. As shown in the statement of financial activities, the overall surplus for the year amounts to £7,929 (2023: £34,811). Total reserves at the end of the year amount to £473,398 (2023: £465,469), of which £359,784 (2023: £353,629) 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 2024**
## **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 (2023: £nil).
Page 5
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024**
## **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:
................................................ **Paula Mellows** Treasurer
Date:
Page 6
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2024**
## **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 2024.
## **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
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:
David Boosey BA(Hons) CA
MHA MacIntyre Hudson Maidstone United Kingdom
Page 7
**LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024**
|**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 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**
**2024**
**£**
**136**
**8,339**
**8,475**
**4,381**
**4,381**
**4,094**
**(100)**
**3,994**
**69,017**
**3,994**
**73,011**|**Restricted**
**funds**
**2024**
**£**
**62,383**
**-**
**62,383**
**58,548**
**58,548**
**3,835**
**2,320**
**6,155**
**353,629**
**6,155**
**359,784**|**Endowment**
**funds**
**2024**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**(2,220)**
**(2,220)**
**42,823**
**(2,220)**
**40,603**|**Total**
**funds**
**2024**
**£**
**62,519**
**8,339**
**70,858**
**62,929**
**62,929**
**7,929**
**-**
**7,929**
**465,469**
**7,929**
**473,398**|_Total_
_funds_
_2023_
_£_
_82,360_
_3,862_|
|---|---|---|---|---|---|
||||||_86,222_|
||||||_51,411_|
||||||_51,411_|
||||||_34,811_
_-_|
||||||_34,811_|
||||||_430,658_
_34,811_|
||||||_465,469_|
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 2024**
|**Note**
**Current assets**
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
**Net current assets**
**Total net assets**
**Charity funds**
Endowment funds
13
Restricted funds
13
Unrestricted funds
13
**Total funds**|**180**
**477,144**
**477,324**
**(3,926)**|**2024**
**£**
**473,398**
**473,398**
**40,603**
**359,784**
**73,011**
**473,398**|_-_
_469,145_
_469,145_
_(3,676)_|_2023_
_£_
_465,469_|
|---|---|---|---|---|
||||||
|||||_465,469_|
|||||_42,823_
_353,629_
_69,017_|
||||||
|||||_465,469_|
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................
**Paula Mellows** Treasurer
## Date:
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 2024**
## **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.
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 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 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.
## **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.
Page 10
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **2. Accounting policies (continued)**
## **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**
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.
## **2.9 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 2024**
## **4. Donations and voluntary income**
|**Unrestricted**
**funds**
**2024**
**£**
Youth programmes
-
Community projects
-
International projects
-
Health and community grants
-
Community disaster relief
-
International disaster relief
-
Other donations
136
**Total 2024**
136
_Total 2023_
_271_|**Restricted**
**funds**
**2024**
**£**
37,964
779
9,700
10,440
3,500
-
-
62,383
_82,089_|**Total**
**funds**
**2024**
**£**
**37,964**
**779**
**9,700**
**10,440**
**3,500**
**-**
**136**
**62,519**
_82,360_|_Total_
_funds_
_2023_
_£_
_34,965_
_5,174_
_23,900_
_15,750_
_600_
_1,700_
_271_|
|---|---|---|---|
||||_82,360_|
|||||
## **5. Investment income**
|**Unrestricted**
**funds**
**2024**
**£**
Bank interest receivable
8,339
_Total 2023_
_3,862_|**Total**
**funds**
**2024**
**£**
**8,339**
_3,862_|_Total_
_funds_
_2023_
_£_
_3,862_|
|---|---|---|
||||
Page 12
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **6. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|**Unrestricted**
**funds**
**2024**
**£**
Charitable activities
4,381
_Total 2023_
_4,564_|**Restricted**
**funds**
**2024**
**£**
58,548
_46,847_|**Total**
**2024**
**£**
**62,929**
_51,411_|_Total_
_2023_
_£_
_51,411_|
|---|---|---|---|
|||||
## **7. Analysis of expenditure by activities**
|Charitable activities
_Total 2023_|**Activities**
**undertaken**
**directly**
**2024**
**£**
58,548
_46,847_|**Support**
**costs**
**2024**
**£**
4,381
_4,564_|**Total**
**funds**
**2024**
**£**
**62,929**
_51,411_|_Total_
_funds_
_2023_
_£_
_51,411_|
|---|---|---|---|---|
||||||
Page 13
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **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
**Total 2024**
_Total 2023_
**Analysis of support costs**
Bank charges
Miscellaneous
Independent examination fee
Legal and professional fees
**Total 2024**
_Total 2023_|**Activities**
**2024**
**£**
29,442
200
18,150
7,450
3,306
-
58,548
_46,847_
**Activities**
**2024**
**£**
257
179
3,895
50
4,381
_4,564_|**Total**
**funds**
**2024**
**£**
**29,442**
**200**
**18,150**
**7,450**
**3,306**
**-**
**58,548**
_46,847_
**Total**
**funds**
**2024**
**£**
**257**
**179**
**3,895**
**50**
**4,381**
_4,564_|_Total_
_funds_
_2023_
_£_
_17,513_
_4,409_
_9,925_
_8,500_
_5,000_
_1,500_|
|---|---|---|---|
||||_46,847_|
||||_Total_
_funds_
_2023_
_£_
_418_
_383_
_3,713_
_50_|
||||_4,564_|
|||||
Page 14
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **8. Independent examiner's remuneration**
||**2024**|_2023_|
|---|---|---|
||**£**|_£_|
|Fees payable to the Charity's independent examiner for the independent|||
|examination of the Charity's annual accounts|**3,895**|_3,713_|
## **9. 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)_ .
## **10. Taxation**
The Foundation is a registered charity and therefore is not subject to taxation.
## **11. Debtors**
|**Due within one year**
Other debtors
**12.**
**Creditors: Amounts falling due within one year**
Accruals and deferred income|**2024**
**£**
**180**
**180**
**2024**
**£**
**3,926**|_2023_
_£_
_-_|
|---|---|---|
||||
|||_-_|
|||_2023_
_£_
_3,676_|
Page 15
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **13. 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
**Restricted funds**
Youth fund
Community fund
International fund
Health fund
Community disaster fund
International disaster fund
Special Olympics|**Balance at 1**
**July 2023**
**£**
**14,001**
**10,100**
**5,353**
**29,454**
**39,563**
**69,017**
**32,281**
**5,000**
**5,542**
**42,823**
**Balance at 1**
**July 2023**
**£**
**154,852**
**9,471**
**13,975**
**6,616**
**51,881**
**85,665**
**25,344**|**Income**
**£**
**-**
**-**
**-**
**-**
**8,475**
**8,475**
**-**
**-**
**-**
**-**
**Income**
**£**
**37,964**
**179**
**9,700**
**1,350**
**3,500**
**-**
**600**|**Expenditure**
**£**
**-**
**-**
**(50)**
**(50)**
**(4,331)**
**(4,381)**
**-**
**-**
**-**
**-**
**Expenditure**
**£**
**(29,442)**
**(200)**
**(18,150)**
**(2,450)**
**(3,306)**
**-**
**-**|**Transfers**
**in/out**
**£**
**-**
**(100)**
**-**
**(100)**
**-**
**(100)**
**-**
**(2,220)**
**-**
**(2,220)**
**Transfers**
**in/out**
**£**
**2,220**
**-**
**-**
**100**
**-**
**-**
**-**|**Balance at**
**30 June**
**2024**
**£**
**14,001**
**10,000**
**5,303**|
|---|---|---|---|---|---|
||||||**29,304**|
||||||**43,707**|
||||||**73,011**|
||||||**32,281**
**2,780**
**5,542**|
||||||**40,603**|
||||||**Balance at**
**30 June**
**2024**
**£**
**165,594**
**9,450**
**5,525**
**5,616**
**52,075**
**85,665**
**25,944**|
Page 16
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **13. Statement of funds (continued) Statement of funds - current year (continued)**
|Activity Alliance
**Total of funds**|**Balance at 1**
**July 2023**
**£**
**5,825**
**353,629**
**465,469**|**Income**
**£**
**9,090**
**62,383**
**70,858**|**Expenditure**
**£**
**(5,000)**
**(58,548)**
**(62,929)**|**Transfers**
**in/out**
**£**
**-**
**2,320**
**-**|**Balance at**
**30 June**
**2024**
**£**
**9,915**|
|---|---|---|---|---|---|
||||||**359,784**|
||||||**473,398**|
Page 17
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **13. Statement of funds (continued)**
## **Statement of funds - prior 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
**Restricted funds**
Youth fund
Community fund
International fund
Health fund
Community disaster fund|_Balance at_
_1 July 2022_
_£_
_14,001_
_10,100_
_5,403_
_29,504_
_39,944_
_69,448_
_32,281_
_5,000_
_5,542_
_42,823_
_Balance at_
_1 July 2022_
_£_
_137,400_
_9,831_
_-_
_4,666_
_56,281_|_Income_
_£_
_-_
_-_
_-_
_-_
_4,133_
_4,133_
_-_
_-_
_-_
_-_
_Income_
_£_
_34,965_
_4,049_
_23,900_
_5,450_
_600_|_Expenditure_
_£_
_-_
_-_
_(50)_
_(50)_
_(4,514)_
_(4,564)_
_-_
_-_
_-_
_-_
_Expenditure_
_£_
_(17,513)_
_(4,409)_
_(9,925)_
_(3,500)_
_(5,000)_|_Balance at_
_30 June_
_2023_
_£_
_14,001_
_10,100_
_5,353_|
|---|---|---|---|---|
|||||_29,454_|
|||||_39,563_|
|||||_69,017_|
|||||_32,281_
_5,000_
_5,542_|
|||||_42,823_|
|||||_Balance at_
_30 June_
_2023_
_£_
_154,852_
_9,471_
_13,975_
_6,616_
_51,881_|
Page 18
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **13. Statement of funds (continued)**
## **Statement of funds - prior year (continued)**
|International disaster fund
Special Olympics
Activity Alliance
**Total of funds**|_Balance at_
_1 July 2022_
_£_
_85,465_
_24,219_
_525_
_318,387_
_430,658_|_Income_
_£_
_1,700_
_1,125_
_10,300_
_82,089_
_86,222_|_Expenditure_
_£_
_(1,500)_
_-_
_(5,000)_
_(46,847)_
_(51,411)_|_Balance at_
_30 June_
_2023_
_£_
_85,665_
_25,344_
_5,825_|
|---|---|---|---|---|
|||||_353,629_|
|||||_465,469_|
## **14. Summary of funds**
**Summary of funds - current year**
|Designated funds
General funds
Endowment funds
Restricted funds|**Balance at 1**
**July 2023**
**£**
**29,454**
**39,563**
**42,823**
**353,629**
**465,469**|**Income**
**£**
**-**
**8,475**
**-**
**62,383**
**70,858**|**Expenditure**
**£**
**(50)**
**(4,331)**
**-**
**(58,548)**
**(62,929)**|**Transfers**
**in/out**
**£**
**(100)**
**-**
**(2,220)**
**2,320**
**-**|**Balance at**
**30 June**
**2024**
**£**
**29,304**
**43,707**
**40,603**
**359,784**|
|---|---|---|---|---|---|
||||||**473,398**|
Page 19
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **14. Summary of funds (continued)**
## **Summary of funds - prior year**
|Designated funds
General funds
Endowment funds
Restricted funds|_Balance at_
_1 July 2022_
_£_
_29,504_
_39,944_
_42,823_
_318,387_
_430,658_|_Income_
_£_
_-_
_4,133_
_-_
_82,089_
_86,222_|_Expenditure_
_£_
_(50)_
_(4,514)_
_-_
_(46,847)_
_(51,411)_|_Balance at_
_30 June_
_2023_
_£_
_29,454_
_39,563_
_42,823_
_353,629_|
|---|---|---|---|---|
|||||_465,469_|
## **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**
**Governance and Training Fund -** is a fund that consists of amounts put aside for the development and direct costs associated with training of trustees, as well as the general overall governance of the charity.
**ChildSight -** is a designated fund of monies received for launch vision screening in schools, through partnership working with Public Health England and Local Authorities.
## **Endowment Funds**
**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.
**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.
**MD105 Youth Investment** - has been created to ringfence a surplus in reserves that is available to fund shortfalls on future Youth projects.
## **Restricted Funds**
**Youth Fund -** 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 allocated 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 in support of its objectives. The Trustees made the decision to close the designated fund and transfer the balance to the general fund.
Page 20
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
**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 broadening the international awareness among 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.
**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.
**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.
**Activity Alliance Fund -** This fund holds restricted donations for supporting the works to make active lives possible with a vision that people with disabilities are active for life.
Page 21
## **LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024**
## **15. Analysis of net assets between funds**
## **Analysis of net assets between funds - current period**
|**Unrestricted**
**funds**
**2024**
**£**
Current assets
76,937
Creditors due within one year
(3,926)
**Total**
73,011
**Analysis of net assets between funds - prior period**
_Unrestricted_
_funds_
_2023_
_£_
Current assets
_72,693_
Creditors due within one year
_(3,676)_
**Total**
_69,017_|**Restricted**
**funds**
**2024**
**£**
359,784
-
359,784
_Restricted_
_funds_
_2023_
_£_
_353,629_
_-_
_353,629_|**Endowment**
**funds**
**2024**
**£**
40,603
-
40,603
_Endowment_
_funds_
_2023_
_£_
_42,823_
_-_
_42,823_|**Total**
**funds**
**2024**
**£**
**477,324**
**(3,926)**
**473,398**
_Total_
_funds_
_2023_
_£_
_469,145_
_(3,676)_
_465,469_|
|---|---|---|---|
|**Analysis of net assets between funds - prior**||||
|Current assets
Creditors due within one year
**Total**||||
## **16. Related party transactions**
During the year, donations amounting to £104 (2023: £100) were received from Birmingham Chinatown Lions Club Charitable Trust Fund, of which S Sherman is also a trustee. Donations amounting to £80 (2023: £Nil) were received from Black Mountains Lions Club, of which D McKirdy is also a trustee. Donations amounting to £64 (2023: £68) were received from Lions Club of Chipping Sodbury (CIO), of which I Gott is also a trustee. Donations amounting to £1,300 (2023: £50) were received from Lions Club International District 105SE, of which T Berry is also a trustee. Donations amounting to £340 (2023: £Nil) were received from Lions Club International District 105CW, of which D McKirdy is also a trustee.
All donations were received under normal conditions in line with the Charity's operations.
Page 22