CharSty reglstration number 1166405 Company reglstratlon number CE006157 IEngland and Wales) THE LEWIS FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
THE LEWIS FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mi D Basu Mrs T Spence Mr KN Hall Mr L Lewis Mrs F Murphy Charlty number 1166405 Company number CE006157 Reglstered office Units H5A & H5B KG House Kingsfleld Close Kings Heath Induslrtal Eslale Northampton NN5 7QS Independent examiner Collons Accountants LLP 1 Billing Road North8mplon United Kingdom NN1 SAL
THE LEWIS FOUNDATION CONTENTS Page TrLtslees' report Independent examiner's report 15 Stalèmenl of fi'nancial activities Balance sheet 17 Notes to the financial statements 18-27
THE LEWIS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Iruslees present their annual port and financial slaltrmènts for the year &nded 31 March 2024. The financial slalemenls have been prepared ir accordance wlh the accounting policies sel out in note 1 to the financial slalemenls and comply with the charity's Igoverning documenll, the Companies Act 2006 and 'Accounling and Reporting by Charities.. Stalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the iJK and Republic ol Ireland IFRS 1021" leffeclive 1 January 20191- Oblectlves and activities THE OBJECT OF THE LEWIS FOUNDATION IS.. For the public benelit lo relieve the si¢kness of people with ¢an¢er who reside in the East Midlands and South Midlands In particular bul not ex¢Susively, by the provision of items that provide respite, comfort and happiness al a time when they are ie¢&iving cancer treatment. OUR MISSION Provide comfort and happiness lo ¢an¢er patients. OUR VISION No one goes through cancer alone. OURAIM Through all the work we do, The Lewis FoLfndalion is passionele about making a difference to the physical and mental wellbeing ol those diagnosed with cancer. On a daily we continue lo provide the support patients need during their cancer journey, so that people know they are Cared for, and nc> one gtyes through cancer treatment alone. PUBLIC BENEFIT The Trustees have referred to the guidance contained in the Charily Commission's genéral guidance on public benefit when reviewing their aims and objectives regarding cu¥renl and ftslure planned activities. In partiCLtlar, the Trustees consider how lulure planned aGlivilie5 will ¢onlribule lo the aims and objectives of the charity. Al the heart of everything we do is our focL¢S on how OLJr charitablè 2Ctivilies have a public benefit. FOUNDA OWE DWHYWE RT Al The Lewis Foundation we source, package and hand deliver gift packs for free lo adult cancer patients in hospitals in the Midlands weekly. These are items that patients might find difficult lo buy themselves or simply ¢annol afford - and that brings people happiness and wmfort al a difficult lime. For many people in the hogpilal setting, our volunteers are their only regu5ar visitors. Lorraine and Lee Lewis Icharily Founders) were so moved when Lee's mum was hospilalisèd with cancer al Northampton General Hospital that il led them lo sel up a chaiily. RognIsing the fear. upset and lonelin&ss faced by individuals undargoing ¢an¢er treatment and IFir loved ones, they were determined that Iheii charity would make a real differen¢e. They sourced donations, packageil. and delivered gifts for patients on oncology wards. That was April 2016- when The Lewis Foundation was born.
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 wo KS IN THE HOSPIT ETT Patients pick a gift pack of their GhDice from our gift list when they either arrive for Irealment or are admilled into hospital. There are 29 diffeTenl packs patients can select from, so they gel lo choose what gifts they would like lo support them IhrDugh treatment. Packs range from overnight packs conl8ining essentials such Ss loilelrfes & underwear. puzzl& brK)ks and minlalure mdios. Da Gift slalionslTubs are placed next to Ihg rèception desk on the cancer wards with all the gifts displayed on them. Patients ¢8n then help themselves lo what gift they would like. This is also supported by Volunteers who will also go round and hand out packs. in addition lo spènding lime speaking lo the patients. Additional packs are stored al the hospltal so the gift slalionllubs Can be replenished. Each hospi181 vari6s in the frequency of the deliveries fiom weekly, fortnighlly, monthly and each quarter. In-P Gift packs are stored on the ward. Hospital volunleers and staff will offer cancer patients a ch0e of gift from a gifl menu on arriv81 at the ward. The gift is then brought lo the patient. However, additional visits and offer of gifis will be offered throughout a patients slay. The only criteria to access otjr service is that you are on a cancer ward al Dne of the hospitals that we partner with. The Lewis Foundation is rsow in Ils 8th year. Our focus over the last year has led us to.. Maintain a team of 50 core volunteers that help fundraise, raise awareness. SOUTce. package and hand deliver gift packs lo adult cancer patients. Maintained and developed n8w relationships with key individual, community and business supporters who volunteer, fundraise and donate lo support c>ur cause. Our cause is now allract5ng donors on a national scale such as Avon and Amazon. Maintained our partnership lo 17 NHS hospitals across the East and South Mldlands PToviding our gift packs and support lo adult cancer p81i&nts. We have decided not lo expand lo any further hospitals in 2023 as our focus has been on income generation and suslainabilily of our existing services. Developed our income generation models lo adapl lo change in the charily landscape lo funding. fundraising and donations because of the ¢osl-of-living crisis. We have now found a new horne in My 1st Yoars in Northamplon since July 2023. We have a space where we can now store all the ilem5, we need for our gift packs and also pack them in the same location. Th team al My 1 sl Years, can also support with collection of deliveries, sending Df items and additional storage 8hould we require it. As a charfly, this Is the first lime we have ever had this and il has made a hug difference to the efficiency and smooth running our service. We have been able to maintain the average gift pack ¢osl pri of £3.60, despite price rises in products. This is due lo our continued partnerships with existing wholesalers and development of new partner product donDrs such as Amazon. The ITuslees have paid due regard to guidance issued by th8 Charity Commission in deciding what activities the charity should undertake.
THE LEWIS FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORTI ICONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 CHIEVEMENTS AND PERFO ONTHS As a chaiily over the last 12 months, we have continued to experience that the traditional methods of generating income for our charity has become tougher. When comparing our records from previous years of 8tlending fur)dralslng efforts in the community and through events, we have noticed a signifi¢anl decline in fundraising income. Members of the public are finding il hardèr lo lundraise in the manner they used lo as people are eillier donating a lesser amount or are not able lo donate al all due lo the financial impact of the rising ¢osls of living in society. 11 is dear there are limited funding pols, wlh some even being cul which has made il harder lo secure long term funding. The cosl-of-llving crlsls has meant we have experlenced an increased demand for our se¥vi¢es. With cancer patients not being able lo work or are restricted hours. often without sick pay, people are relying more on the items We provide for our packs. Patients, their families and hospital staff repeatedly tell us that our packs are acting as a lrfeline with people not being able lo afford loilelries. snack5 or something as simple as a book lo lake their mind off what they are going through. For us as ¢harity. we had to look al how we can financially continue lo delDier our services and gonerate the income we need lo make this happen. We have had lo really think outside the box and adapt our income generation model lo enable us to deliver what we lova to do best, which is lo provide Comfort and happiness lo adult cance¥ patients in hospital. As a Charity, we have decided we have no option but to adapt lo meet the needs of society. who want lo give bul are not always financially able to give. Whilst, it has been tough lo start to mak8 this transition and a huge learning ¢urve, we ar& proud lo say the decisions we are making will enable us to raise funds and build a sustainable financial income. Below showcases our achievements and performance for The Lews Foundation over the last 12 months.
THE LEWIS FOUNDATION TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 POR ING CANCER ATIENTS OUR GIFT PACKS We have been able lo maintain the variety of gift pa¢ks we offtrr lo patients al 29 diflerenl packs. No one has come forward recommending any furthèr packs, so we are satisfied al present we offer the wide variety of pa¢ks that is needed that is of benelit to patients in hospital. We continue to provide on average 2DOO packs per month lo our 17 hospital partners. Vvhilsl, th& hospitals have requested more packs be delivertd. we have Currently capped il at this number until we build our financial inGome lo be able to offer an increased number ol packs to thè hospitals we support. The hospitals are understanding of this and know that increasing the numbar of packs that we Can offer is something that we look al in thè next financial year. We continue lo receive requests from other hospitals across the UK for our servi¢es. Our work continues lo be shared across the NHS about the bènelils of our support to a patients physlcal and mental wellbelng on a cancer ward. Al present as a charity, we have decided we will not expand our service further as this would compromise the quality of the existing service we already provide. However, we will reach out to the hospitals that have approached when we are in a financial position lo do so. As a charity, we are prouol we have begn able tg maintain our average gift pack cost of £3.60. W@ have been able to maintain our existing relationships with businesses and wholesalers who understand the nature of our work ancl have not increased the prices of the products that we need lo purchasa. We have also been able lo partner w¢lh businesses through our surplus sto¢k ¢ampaign, which we will OLrtllne in more detail later. We continue lo partner with businesses such as Sol Retail who donate their excess stock lo our charity such as loiletriès-based items. This is something we have be&n able lo expand with new brand donors such as Avon, Amazon, Boots and J & J Fulfilmenl increasing that product range such as journals. books and dry skin creams. This also saves us money from not having to purchase the items whi¢h means we can keep our tkqGk cost low or sometime5 al zero cost because entire items needed foi the packs has been donated. Over the last 12 months our work has extended lo support cancer patients in the community. We have found that have been contacted by cancer patients and their families outside the hospital selling asking for SLTPPOrt and advice on topics such as exercise, skincare and nutrition, With funding support for a period of 12 months from Milton Keynes Community Foundation, we aro able lo host series of maslerclasses and workshops for cancer patients and their families ¢overing the topics they were asking for in the community setting. We partnered wth Naturally TIWA Skin¢ar& who provided the procfucls that would alleviate the side effects of treatment, providing comfort to the patients. MaslerclasBes and Wort(shops included hosting pamper session al Harrods Beauty, Yoga Workshop. Soundbalh and Journalling, We found the numbers of participants continue lo grow. wth patients and Ihelr famdles, forming connections and creating their own network of support outsid& the hospilaS selling. This prolect Is due lo complete in July 2024, with a view lo be taking if this somolhing we wish to Gontinu8 b&yond this date. Below are examples of how the impact of our work ¢onlinues lo make a differenctr.. I have been working with The Lewis Foundation on behalf of Nollingham University Hospitals NHS TrLtsl for 4 year5. During this lime I have personally witnessed the difforence that this charity makes for people living with a cancer diagnosis, When l first mel Lorraine and Lee Lews, their dedication and Gommilment lo improving the lives of people with cancer and were clear lo see. They had a simple idea and luined that idea into a charity Ihal improves lives. The gifts they supply combat loneliness, make people feel cared for. lift mood and in many cases provide clothin9 and food during long days in hospital for people who may not have the means to provlde thls for themselves.
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 This month alone and with the help ol this wonderful charity.. We gave Joyce an art pack which she completed on the ward while reeelving life saving Irealmenl. The pack prompted a discussion with the person in the next bed and together they worked on the art, got to know one another and formed a frlendship. We gave Peter and overnight pack after he was unexpectedly admitted lo the ward from an oul-palients clinic. The pack provided him with essential toiletries, underwear and nighlwgar. ljve gave a sickness band pack to Susan, who wa8 struggling with nausea during treatment. Michael picked up a book lo read during his long chemotherapy sessions and when he finishes it, he will pass il on another palienl having Chemotherapy. We gave James a hol drink and snack pack aft8r he told us that he was al hospital all day for treatments and didn't have the means lo gel a drink or snack. I could recount endless stories like the ones above and the overwhelming response to thè packs, Is of oralitude bul also of feeling cared for and less alone. The Lewis Foundation are a joy lo work alongside, and I hope thgy continue to raise the funds needed lo sustain this wonderful and unique charity. Allson Hall, Macmlllan Informatlon Lvad Spoclall$t Wanted lo say thank you my husband was admitted to QMC this Monday 2 September he walked in bul deteriorated over the next lew hours. He was admilled and had lost ¢ons¢iousness. The next day I was lold they had found cancer in 2 areas il hil me liko a brick. Slowly ov8r that evening he began lo come back to me. We were given 2 gift packs from your charity from the nur88S. Every item was thoughtful @specially for a wrfe who couldn't think OT function correctly enough b think of all the things he mlghl needl We played cards I had to be very flexible on the rul&s, but il didn't maller just something lo do together that made us laugh. Your packs We gratefully received and very well thought out and hu, big thank you from us. My Lee is back home with me now hg knows his diagnDSiS and we will gel through whatever happ8ns next together. Nlna Taylor Hello lovely peopfe. I felt l just had lo mail you lo say I received your goodie bags yesterday. Il's always oxiting lo gel unBxpected gifts especially when you are plugged in to chemo. 11 w25 even belter yesterday as I had an allergic reaction and they had to suspend the start of this, my second and last Chan lo allay the spread of my secondaries.
THE LEWIS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 l am a sociable person and find that many people undergoing Irealmenl switch off and don't want lo18lk. This I can understand, I think, bul 8 hrs is a long limo. I won't let this gel me down and l am fairly anarchic so am laughing most of th8 time, defying the cancer and telllng il I will not lfjl il kill me. l am not afraid of death, it's a natural progression after all. Once agaln, a HUGE THANK YOU for your wonderful kindness. I have made a donation and know others in my village are planning to do $0. Lesley Lax Below is a highlight of how The Lewis Foundation generates It8 funds lo prowde the service we cfo lo Ihe cancer patients we support. Our key focus was lo start lo develop build a range income streams lo generate the funds we need br The Lewis Foundation to provide ils services. This is about Starling to develop our income model so we are not just relying on funding, fundraising and donations which makes it hard for us lo plan as a charity how much income we receive, which will impact on the service we are able to provide. R OWN FUN We reviewed our previous years data about whal fundraising events would be beneficial lo proceed with going forward and which ones no longer worked. Across the board with all our fundraising events, we have seen a decline each year on the total funols raised. 11 efiabled us lo identify that fundraisers wllh a lower fundraising largel (£200 and underl did well and anything above that level of income a lol of people were struggling lo meet. We were finding peopl& who has signed up lo fundraise wère contacting us in advance of the event saying they were worried they would not meet theii target, with some not being able to reach their laTget. We look the decision lo drop events such as our Skydiv6 due lo a higher sponsorship amount that needed lo be ralsed and focusing c)n things such smallèr sponsorship largels such as the Firewalk and Abseil. We have Gonlinued lo host our own annual event 'Waler Dash, at Upton Country Park, with us being 8ble lo secure sponsors such as Michael Jones Jeweller lo cover the costs of the event. This has meant 1000A of the race entry and any sponsorship goes directly lo The Lewis Foundation to fund our Wofk. Due lo popularity increasing, il is something we will also host again new year. This year for the fir81 time, as a charity we declded lo host our own Gala Ball. Working with one of our long-term Corporate Partners Fawsley Hall and Spa who gifted us the venue space lo use. This was about largeling our business supporters and attracting new ones to support our cause. We were able lo allract sponsors such as Mannol UK and University of Northampton which covered the costs ol the event. 11 a fantastic evening bringing many members of the community together such as the Mayor of Northamplon and Deputy Lord Lleutenanl and included performances from local artist Bllly LKet1. In total £11.100 was raised and 11 is an event that will scale, which we will host again next year. In addition. we also had individuals and bus1nessès organlslng their own fundralsers for The LeS Foundation from laklng part running events, bake sales lo hosting their fundraising aclivilies.
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 UNDRAISING EVENTS Basèd on reviewing our previous data for community events over the last 5 years, we decided lo reduce attending events of this nature by around 800/0. The money raised vs time invested was not charity lime or money spent well, which could be deployed lo other araas. We also found il harder lo gel volunl@er for events especially al the weekends with our volunteers regularfy saying thèy are working more or have caring responsilylilies. If we had lo pay for people lo work lo allend. we would be in This is something that has not just been experienced by us but also other charities loo. We now only focus on key community events that hava consislenlly been successful like Weston Favell Shoppino Gentr¢ and Duslon Players Theatre Group. We have been grateful over the last 12 months for the funding support we have ¥eceived that has not only fLJnded our gift packs bul also helped lo cover our wre Costs. We have not highlighted everyone as some peopl6 havè requested that recognition is not required for the funding they have provided. Tesco - Groundworks - Blue Token in Tesco Stores across the areas we support has secured us funding of £4750 10 Support OLtr gift pack costs. Openwork Foundation- Provided funding of £10.500 to help support with 6 months rental costs of ow storage unit. This was a fantsstic ftjnding support for Th6 Lewis Foundation as it is hard to secure funding lo assist with cor costs. We51 Northamptonshire Council - Provided funding of £4995.28 through WNSET programme which help fund th Ini1181 fixluie and lilting costs ol our ou1581 shop in G¥osvsnor Shopping Norlhamplon. Milton Keynes Community Foundation- Granted funding of £17,200 to host SMILE Events for canceT patients. This was for events hosted in the community, a¢¢ompanied with products for the patients to help support with th& physical and mentsl wellbeino ol cancer patients and their families. providing them with a network of support. Northants Community Aid - £1322.98 Provided funding lo improve our facilities for volunteers such a wffee machine and google speakers for music.
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Ips This year has been really focused on building our Corporate Partnership relationships. We want it lo go beyond being just the one- off Charity of The Year. For us il wa5 important to look al who we are working with, do they 81ign wilh our values and what w& are trying lo achieve. Therefore, Corporate Partnership was a key are2 of focus for u5 lo work alongside businesses who together could create large scale impact and change for the people that we support. We have alsD extended our corpoTale partnership lo include as part of their 8UPPOrt lo be involved in volunteering Ih The Lewis Foundation. Our volunteer Natalie now runs a team building session every Wednesday from our store. We invite different businesses eveTy week to prepare and pack our gift packs ready for the hospital. For us this was important for them lo gel a beller understanding of our work, the team and how their support contributes lo this. We feel that has been an excellent way lo solidify our partnership working and is working really well, leading lo greater support. Below are some of the highlights of businesses we are proud lo work with, which logelhèr has provided &ssenlial ¢are and support for adults diagnosed with cancer in hospital. Stephensons Onllne Their incr@(Sible support continues with mentorship from Barry Tong, product donations and working in partnership on Surplus Slo¢k Appeal lo encourage other businesses to give back and make a differen. We are now in our 5th year of support from this business. SGott Bador This is the 4th year they have now funded our gift packs for Oncology in Norlhamplon Gener81 Hospital for the whole year. There is a high number of canr patients who go lo the department in Oncology, The funding they provide ensures a gift is always available for everyone thanks lo Scotl Bader's support. Luclenne Coachlng Lucienn8 has SLJPPOrtecl The Lewis Foundation as her Charily Partner foT her annual Female Founders summlt event and monthly maslerclasse5 in Northampton, with donations from these events lo fund our Work. Events & PR Charity Partner for their National Women In Buslness Awards and National SME whith is a plalfomi to raise awareness of our cause and funds to support our wofk. Amazon Daventry Through the donation of surplus stock fiom the Amazon. fundraising as a team and monlhty volunteering from team members lo support OUT work. Avon, UK Through the donation of stjrplus stock from the Amazon, fundraising as a team and monlhty volunteering from team members lo support our work.
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2024 SURPLUS STOCKAPPE ETST We continue to push forward with our Surplus Stock Appeal as an excellent way lo secure stock from businesses which is either used in our gift packs or as a way lo raise funds for our charity through prizes tor events, lombola and through hosting pop up shops a5 a way to raise funds. We continue lo re1ve the followng type of items.. Health and beauty products Clèaning Products Car Care Products Travel Homeware- srllall lo medium products Clothing Toys and children's items Seasonal items Work and Office e.g., stationary The popularity of our Pop-up Shop Fundraisèrs in Grosvenor Shopping Northampton was leading to more business donors, greater stock donations and requests from the shopping ¢ènlrelmembers of the public lo hosl more pop-up events. The opporlunily arose from Grosvenor Shopping Northampton lo have a permanent bgse within the ¢enlre to raise funds for our work, we were offered a unll In centre as trial for 12 months. Fixtures, fillings and equipment was supported by Wesl Northamptonshire Gouncil WNSET fund. The unit Officially opened on 21 st JlY 2023. hilst the primary focus ol this is to raise funds and awareness so as a charity, we can provide our packs and support to 8du1t cancer patients in hospltal, il also has had secondary benefits which we never anticipated when we started this project. Our unil has created volunleertng opportunities as the oullel is run by volunteers of The Lewis Foundalion, in combination with working wth Northgale School. Twic& a week sludenl from the school supported with teachers work in th& store completing work placemtrnls and IheirAQA Retail Qualification lo prepare them with the skn'lls Ihay need lo enter the world of work. This is sornelhing as a charity we are proud lo support. Having 8 permanent base. has been a great method lo raise The Lewis Foundation within the community and amongst members of the public who have ngver heard of our work. 11 has given us a focal point in the town centre whelo people can meet the team, lind out mor8 about our work, volunteer and engage in giving back to their local community. For LIS the concept is a win-wn all round as it.. EnGourage businesses to support their local community, whilst diverting products away from landfill Providing us with products that we can use lo help adult cancer patients in hospital Providing us with products that can be used lo ralse funds Helping members ol the community have a¢cess to products at cheaper prices, which is helping them lo rsise funds to SUPPDrt members of the community Creating volunleering opportunities for the community Creating education and qualification for the Community including adu51styoung people with learning disabilities and mental health This is a conc@pl we are keen to continue as a mplhod lo generate funds for The Lewis Foundation. It meets the donor needs in that they can make a donatlon to support our work by purchasing a product. We look fward lo seeing how this will lake shape and develop ovsr the next year.
THE LEWIS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our community café al The Elgar Centre Community Cenlre, Uplon, Northampton continues lo run, with the days of the week now extending lo.. Tu&sday, Thursday and Friday between 9am - 2pm and Saturday 9am - 11am. It is becoming an excellent hLJb for not only cancer patients and their families. Whilst the primary focus of this is lo raise funds and awareness so as a ch8rily, we can provide otjr packs and support lo adult cancer patients in hospital, il also has had secondary benefits which we never anlicipaled when we started this project. 11 is becoming 8 hub for the wider community. We have people such as the local retirement hom&s, walkers and parent and lot groups who use this as a meeting point. Vve are finding that people in the café ale forming frièndships and connections. 11 ha5 been a great method to raise The Lewis Foundation profile within the community, amongst members of the public who have never heard of otjr work. 11 has given us a focal point in the community where people can meet the team, find out more about our work, volunteer and engage in giving back lo their local community. We were proud to be rated as a 6 Star in respect of our Health & Hygiene from Wesl Northamplonshire Councsl. Again.11 is a concept is a win-win all round as it.. Encourago businesses to support their lo¢al ¢ommunily, whilst diverting produ¢ls away from landfill. We have businèsses that donate food and drink items, which is either excess stock or one item has broken in the section which means they have to dispose of the whole section, which includes perfectly good sloak. Fiaises funds lo support our work, which means supporl can be given in Ihe hospital selling for cancer patients Creating volunteering opportunities for the community We look forward lo seeing how this cOnPt builds over the next financial year. With both the oullel store and community cafè, we will review al the end of the next financial year where a charity we Intend lo lake this. They are proje¢ls that aTe working that afe generating funds that enables the work we do lo support adult c8n¢er patients possible. Both methods have really SUPPDrted the shortfall of funding, donations and fundiaising that has experienced and has prevented us from having lo reduce our ServIS as a result, However, they have also created wider community benefits and environmental benefits way beyond we could ever have imagined. If the momentum ctsntinuès wlh this, for the next financial review we will explore whether we need lo sel up a Limited Communily, which incorporates the outlet store and community café. This would separale from The Lewis Foundation as a charity, with profits from the limited company being donated lo help fund the packs and support we provid8 within the hospital s&tling. This is something as a Board we are aware of and have had discussions about. in addition lo a discussion with our accounlants regarding this. 10-
THE LEWIS FOUNDATION TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 MITMENT ORKING EARNIN DISABILI We are always koen lo maintain our commitment c>f providing opportunities for ¢hil(Sren and paople with 16aming disabilities. Over the lasl year. below are some ol the exarnples of our commitment lo support in this area, WDrkiny together lo support adult cancer palienls in hospital. Schools Qulnlon House School Abbeyfield School Moullon SGhool & Science College Northampton School For Girls East Hunsbury Primary School Purple Oaks Academy Greenfield Specialist School Northgate School a. Members of The Lewis Foundation giving talks to different year groups about our work and supporting cancer patients b. SupportSng sludenls holding their own collection drives for items c. Supporting students in hosting their own fundraising events for Th& Lewis Foundation d. Gift Packing Sessions on the school sile Supporting Duke of Edinburgh Students completing Ihelr Bronze and Sllver Awards for volunteering in the café, outlet shop and our events Work placements for students from Northampton College in our café, outlet shop. 8vents and gift packing. University of Northampton- working on projects with the students lo showcase The Lewis Foundation such as documentaries, illuslralions and design work. WA ADDITIONAL ACHIEVEMENTS TO HIGHLIGHT We ¢ontinue lo receive recognition lor the work that wo do to support adulls diagnosed with cancer in hospital. Winning awards helps lo raise our profile, enabling us lo have a chance to raise awareness of our w(k and enable more support for our cause. Awards won over the last 12 months.. Rose of Northamplonshire Award - Prèsented by HM Lord Lieutenant of Northamplonshire Pour Moi Awards- Lorraine Lewis- Community Champion
THE LEWIS FOUNDATION TRUSTEES, REPORT (INCLUDIN DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVI We are satisfi'ed with the performance of The Lewis Foundation. We are in a financial position where we Can continue our activities during the next financial year. Our ch8riliÈs assets are adequate lo fulfi'l ils financial obligations and we can maintain the existing services we provide lo our ¢urrenl hospital partnerships without impacting on the quality of the existing service we provid¥. Our benefi'ciaries are al the forefront of our mind in eveTything we do. Our reserves provide us with se¢ur¢ly that rf no income was received by our charity, we would have adequate funds lo continue our service for a period of 3 months. Given the uncertainly what the future for charities will look like especially with the cosl-of-living rise, this provides us with adeqLJale security lo ensure our charity can provide our much-needed support to our beneficiaries. As a charity we are keen not lo resort lo being in this position and are working on future plans lo avoid us being in a position wherè we must use our reserve fijnds. 11 is the policy of the chaTily that unrestricted funds which have not been designated for a specific tjse should be maintained al a level equivalent to belween one-lo-three-monlh expenditure. The trustees Consider that reserves al this level will ensure that, in the event of a signifi'cant drop in funding, they will be able lo continue the charity's current activities while consioferalion is given lo ways in which additional funds may be raised. This level ol r&serves has been maintained throughoul the year. 11 is the policy of the charty that unrestricted funds which have not been designated for a specifiG Use should be maintained al a level equivalent lo b&twe&n three and six month's expenditure. The Irusle6s consider that reserves al this level will ensure that, in the evtrnl of a significant drop in funding. Ihay will be able lo continue the charity's current activities while consideration is given lo ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
THE LEWIS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 We have 3 key area for the next financial year. which is focusecl on building our long-term financial suslainabillty lo enable lo support as many people as possible diagnosed with cancer. If we can achieve the 3 goèls below, il wlll enable us lo achieve this. Plans for future periods: f . Continue lo build Corporate Partnerships who are willing lo linancAally invest in The Lewis Foundation. whether that be a lump sum or a monthly dDnalion. Developing lo encourage more national brands lo donate, 2, Development of outlet store in Grosvenor Shopping Northampton and Community Calé at The Elgar Cent Uplon. Exploring whether this can really be developed into Dur income generation model lo support OL fulure financial sustainability as 2 new income streams for The Lewis Foundation. 3. Continue to build our busines5 network that will donate us surplus stock we can use for our gift packs and raise money for Dur charity by creating a PR campaign aroLFnd this wlh the support of Slephensons Online. Despite the challenges caused by Cosl~Of-Living Crisis we left this financial year with new methods lo generate funds, raisè awareness and more importantly be able lo provide support lo adult cancer patients in and out ol hospital. We continue lo develop and grow as a charity. The overyiew demonslrales the different ways we are doing all we can lo ensura we can continue lo provide the service w& do lo the people that we support. We ¢ould not do the work we do. without everyone supporting us. Thank you for making what we do possible. We could honestly not do il wilhoul you all. Structure, governance and managèment The Charity is controlled by a governing ctocumenl, a deed ol trust. and conslitules 8 limited company, limited by guarantee, as defined by the Companies Act 2006. The Governing Document was adopted on 16th February 2016. 11 h2s been amended on 17th July 2017, 8th June 2019 and 18th May 2022. The Iruslees. who are also the director8 for the purpose of company law, and who served during the year anci up lo the dale of signature of thè financial slalements were.. Mr D Basu MrsT Spence Mr KN Hall Mr L Lewis Mrs F Murphy None ot the trustees has any beneficial interest in the company. All of the Iruslees are members of the company and guarantee lo contribute £1 in the event of a winding up. 13
THE LEWIS FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The trustees. report was approved by the Board of Trusltses. Mr L Lews Trustee 31 January 2L)25 14-
THE LEWIS FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE LEWIS FOUNDATION I report lo the trustees on my examination of the financial slalemenls of The Lewi8 Foundation (IIE charilyl for the year ended 31 March 2024. Responslbllltles and basis of report As the Iruslees of the charity land also ils dlrectors for the purposes of company lawl YDU are responsible for the preparation of the financial slalemenls in accordance with the requirements of the Companies Act 20(E {Ihe 2006 Acll Having satisfied myself that the financial statements of the charity are not required to b& audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respe¢t of my examination ol the charity's financial statemen15 carried out under section 145 of the Charities Act 2011 Ilhe 2011 AGII. In cairying out rmy examination I have followed all th6 applicable Directions given by the Charity Commissic>n under section 14515llb} of the 2011 Act. Independent oxamlner's statement Since the charity's gross inGomtt exceeded £250,000 your examiner must be a member of a body listed in ctIon 145 of the 2011 Act. I confirm that l am qualified to Ljndertake the examination because l am a member of IENTER IN DATABASE cy10151. which is one of the listed bodies. I have completed my examination. I confirm that no msllers have comè lo my allentson in connection with the examination giving me Cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as reqLFired by secliorn 386 of the 2006 Act., or the financial slalemenls do not accord with IhoEe records., or the financi81 statements do not comply with the accounting requirements of section 396 of tho 2006 Ad other than any requirement that the accounts give a true ancl fair view which is not a matter considered as part of a independent examination., or the financial statements have rt been prepared in accordance with the method5 and principles of the Slal&mènl of Recommended Practice lor aGcounling and reporting by charities applicable lo chari116S preparing their accounts in accordance with the Financial Reporting Standard applicable in rhe UK arKI Republi¢ of Ireland IFRS 102}. I have no concetns and have Come across no other mallers in connection with the examination to which attention should bè drawn in this réport in order to enable a proper understanding ol the financial slalemenls to bé reached. Cottons Accountants LLP 1 Billing Road Northampton NN15AL United Kingdom Dated.. 31 January 2025 15-
THE LEWIS FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 UnrestTlCted Restricted fund5 funds 2024 2024 Total Unrestri¢ted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from.. Donations and legacies other trading activities 168.080 81,924 4C),850 208,930 81,924 131,239 50.607 34,411 165,650 50,607 Total Income 250,004 40,850 290,854 181.846 34,411 216.267 Expenditure on: Raising funds Charitable activities Other expenditure 7,854 257,994 1.407 7,854 306,308 1,407 48,314 352,202 1.374 23,950 376,152 1,374 Total expendltur8 267,255 48,314 315,569 353.576 23,950 377,526 Net expenditure and movement In funds 117,2511 17,4841 124,7151 {171,7301 10.461 {161,269) ReronGiliatlon of funds.. Fund balances al 1 April 2023 39,715 21,377 61,092 211,446 10,916 222,361 Fund balances at 31 March 2024 22,464 13,913 38,377 39.715 21.377 81.092 The slalemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities, 16-
THE LEWIS FOUNDATION BALANCE SHEET ASAT31 MARCH2024 2024 2023 Notès Flxed assets Tangible assets 13 11,770 15,064 Current assets Stocks Debtors Cash al bank and in hand 14 15 21,442 13,633 7,451 42,938 2.314 13.990 42,526 59.242 Creditors: amounts falling duè wlthin one year {17,919 {13,2141 Net ¢urrgnt assets 24.607 46,028 Total assets le$$ current Ilablllties 36.377 61,092 Net assets excluding ptrnslon Ilabillty 36,377 61,092 The funds of the charity Reslricled income funds Unreslricled funds 18 13.913 22,464 21.377 39.715 36.377 61.092 The company Is entllled lo the exemption from the audit requirement Contained In s8¢1Ion 477 of the Companles Act 2006. for the year ended 31 March 2024. The directors acknowledge thair r&sponsibilities for complying with the requirements of the Companies Act 2006 with respect lo accountlng re¢ords and the preparation of financial ststemenls. The members have not requlred th8 company to obtain an audlt of Its financial slalemenls for the year in question in accordance wlh section 476. These financial statements have been preparad in ¥¢¢ordance with the provisions applicable lo companies subject to the small companies regime. Th• financial slalemenls were approved by the trustees on 31 January 2025 Mr L Lewis Tru$t¢o Company regislralion number CE006157 IEn918nd and Wa18s1 17-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies Charfty informatlon The Lewis Foundation is a private company limited by guarantee incorporated in England and Wales. The registered office is Units H5A & H5B, KG House, Kingsfi"eld Close, Kings Heath Industrial Estsle. Northampton, NN5 7QS. 1.1 Accounting conventlon The financial slalements have been prepared in accordance wllh the Companies Act 2006. FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. {"FRS 1021 and the Charities SORP "Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charilies preparing their accounts in accordance with the Fin8ncial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191. The charity is a Publi¢ Benefit Enlily as definect by FRS 102. The charity has taken advantage of the provisions in the SORP for Gharilies not to prepare a Slalemenl ol Cash Flows. The financial slalem&nls are prepared in sterling, which is the functional ctjriency of the charity. Monelary amounts in these finanGial 8lalements are rr)unded to the nearest £. The financial slalemenls have been prepared under the historical ¢osl convention. The principal accounting poli¢ies adopted are sel OL*1 below. 1.2 GoirEg concem At the Ilme of approving the financial slatemenls, the Iruslees have a reasonable expeGtalion that the charity has adequate resources lo wnlinue in operational existence for the foreseeable future. Thus the Iruslees continue lo adopt the going wncern basis of accounting in preparlng the financial statements. 1.3 Chayitable funds Unreslricled funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives. Reslricted funds are subject lo spscific conditions by donors or grantors as lo how they may be used. The purposes and uses of the restricted funds are sel out in the noles lo the financial slalements. Endowment fund5 are Subject lo specifi¢ conditions by donors that the capital must be maintained by the Charity. 1.4 Income In¢ome is recognised when thg chaTily is legally enlillecl lo it after any performance conditions have be8n mel, the amounts can be measured reliably. and it is probable that income wll be received. Cash donations 8re recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferial of the amount. INcome lax recoverable in relation lo donations re¢eived under Gift Aid or deeds of covenant is recognised al the time of the donation. Legacies are re¢ognisÈd on receipt or olhenmise if the charity has been notifi'ed of an impending dBlribulion, the amount 15 known, and receipt is expected. If the amtsunl Is not known, the legacy is Irealed as a conlingenl asset. 18-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting poliGles ICot)tinued) 1.5 Expèndltur8 Expenditurè is recognised once there is a le9al or ¢onslruclive obligalion lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits wll be required in selllemenl, and the amount of thé obligalic>n can be measured reliably. Expenditure is classified by aclivily. The costs of each activity are made up of the lolal of dIrl oosls and shared costs, including support costs involved in undertaking each aclivily. Direct costs allribulable to a single activity are allocated directly lo Ih818ctivity. Shared costs which contribute lo more than one activity and support costs which are not attiibulable lo a single activity are apportioned between those activities on a basis consislenl with the use of resources. Central staff ¢osls are allocated on the basis of lime spenl, and depreciation ¢harges aTe allocated on the portion of the asset's use. 1.6 Tanglble flxed assets Tangible fixed a55ets are initially measured at cost and subsequently measured al Cost or valuation. nel of depreciation and any impairmenl10ss@s. Depreciation is recognised so a$ lo write Off the cost or valuallon of assets less their resldual values over their useful lives on the following bases.. Plant and equipment Fixtures and fittings Computers 200/¢ on cost 200/0 on cost 33Vo on cost The gain or loss arising on the disposal of an aBset is determined as the difference between the sale pioceeds and the carrying value of the asset, and is re¢ognised in Ihe siatemenl of financial activities. 1.7 Impalrment of fixed assets Al each reporting end dale, the charity reviews the cariying amounts of ils tangible assets lo determine whether there is any indication Ihal those assets have suffered an Impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order lo determine the exlenl of thè impairment loss lif any). 1.8 stocks Stocks a staled al the lower of cost and estimated selling price léss costs lo complete and sell. Cost comprises dire¢l materials and, where applicable. dired labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Iloms held for distribution al no or nominal consider81ion are measured the lower of replacement cost and wsl. Nel realisable v8lu8 is the estimated selling PriGe less all eslimaled ¢osls of ¢omplelion and costs to be incurred in marketing. selling and dislribulion. 1.9 Cash and cash equivalents Cash and Gash eqijivalents include cash in hand. deposits held at call with banks, other short-lerm liquid investments with original malurilie5 of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 19-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Icontlnuedl 1.10 Financlal Instruments The charity has elected lo apply the provisions ol Section 11 'Basic Financial Inslrumenls, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial inslrumenls are recognised In the charity's balance sheet when the charity becomes party lo the conlraclual provisions of the instrument. Financial assets and liabilities are offset. wilh the net amounts presented in the financial slalemenls, when there is a legally enforceable Ilght lo sel off the recognised amounts and there is an intention to sellle on a nel basis or lo realise the asset and sellle the liability simultaneously. Basic financial assets Basic ftnancial assets, which include debtors and cash and bank balances, are initially measured at transaction Price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrar>gement conslilules a financing Iransaclion, where the transaction is meaS(jd al the present valtJÈ of the fuluTe receipts discounted al a maTkel rale of interest. Financial assets classified as receivable within one year ar& not aTMOrtised. Basic financial Ilabllltles Basic fi'nancial liabilities, including credilDf5 and bank loans are initially recognised al transaction priG& unless th8 arrangement conslitules a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amoilised. Debt instruments are subsequently carried al amortised cost, using the effective interesl rale melhod. Trade Creditors are obligations lo pay for goods or services th81 have been acquired in the ordinary ¢ourse ol operations from suppliers. Amounts payable are classified as current liabilities if payment Is duo within onè year or less. If not, they are presenlecl as non-current liabilities. Trade creditors are rècognised initially al tran$a¢lion price and subsequently measured al amortlsed cost using the effective interest method. Derecognition of flnanclal Ilabllities Financial liabilities Bre derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.11 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immedialely as an expense when the charity is demonstrably committed lo lerminale thè employmenl of 8n 6mployee or lo provida lerminalion bènelils. 1.12 Retlrement benefits Payments lo defined ¢onlribulion retirement benefit schames 8re charged as an expense as they fall due.
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accountlng estlmates and Judgements In thè application of the charity's accounting policies. the Iruslees are required to make judgements, estimates assumptions about the carrying amount ol assets and li8billlles that are not readily apparent from other sources. The estimates and associatecl assumptions are based on historical experience and other lacl(Ns that are ¢onsid6red to be relevant. Actual results may differ from these eslimales. Thè estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accountsng estimates are recognised in the perlod in whlch the estimate is revised where the revision affects only that p8riod, or in the period of the revisiori and future periods where the revision affects both current and future periods. Donation5 and legacles Unrestricted Restrlcted funds funds Total Unreslricled funds Reslricled funds Total 2024 2024 2024 2023 2023 2023 Donations Grants 168,080 168,080 40,850 123,290 7.949 123,290 42,360 40,850 34.411 168,080 40,850 208,930 131,239 34,411 165,650 Income from other tradlng actlvltles Unrestricted Unrestrict8d funds funds 2024 2023 Fundraising events Shop income 23,919 58,005 33,987 16,620 Other trading activities 81,924 50,607 Expendlture on ralslny funds Unrestrlctèd Unrestricted funds funds 2024 2023 Trading costs Operating charity shops 7.854 21
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expendltur& on charitable activitlBS Charltable activltles 2024 Charitable activities 2023 Dlrect Costs Staff costs Depreciation and impaimenl Rent and storage Insuran Telephone anLI internet Printing. postage and slaliDnery Stock movement Evènt costs Gift packs Staff training Advertising Sundries Travel & subsistence Motor expenses Subscriptions IT and computer Virtual admin assistant 96,558 4,870 34,106 3,721 6.763 13,384 21,496 20.067 50.385 282 11,338 70,834 4.475 17,247 1,872 816 1,404 85,465 4,775 23,778 2,887 5,839 11,753 126,435 19,553 45,039 6J 8,918 4,788 3,520 23,942 517 1,771 230 299,418 369,270 Share of support and governance costs (see note 71 Governan¢e 6,890 8,882 306.308 378,152 Analysls by ftjnd Unreslri¢led funds Reslricled lunds 257,994 48.314 352,202 23,950 306,308 376,152 Support costs allocated to activttles 2024 2023 Governance Costs 6,890 6,882 Analysed between: Charitable activities 6,890 6,882 -22-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 N&t movèmant in funds 2024 2023 The nel movement in funds is slated after chargingllcredilingl.. Fees payable for the independent examinatlon of the charlly's financlal statements Depreciation of owned tangible fixed assets 48D 4.870 480 4.775 Trustees During the year one Iruslee received remuneration for their role in the running of the charitable activities and not for their Iwslee position. Remuneration consisted of: Salary- £24,000 {2023- £24,000} Social seGuTily- £2,05712023- £2,165) Pension ¢onlribulions- £53312023 £3,600) All expenses reimbursed lo Trustees are done in their capacity of the running of the charitable activities and not for their Trustee position. 10 Employees The average monthly nLJmber of employees during the year was.. 2024 Number 2023 Number Trustee Employee Total Employmènt Costs 2024 2023 Wages and salaries Social security costs Other pension costs 91,860 2.543 2.155 79,400 2,571 3,494 96.558 85,465 There were no employees whos8 annual remuneration was more than £60,000. 23-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 11 Other expendlture Unrestricted Unrestricted funds funds 2024 2023 Financing costs 1,407 1,374 12 Taxatlon The Gharily is exempl from taxation on its activities as the majority ol ils income is lo raise funds lor charitable purposes. All sales of goods are donated and this is not regarded as a trad& for lax purposes. The ¢harity's other trading activities are covered by the small ttading exetnplion, 13 Tangible fixed assets Plant and Fixtures and equlprnent flttlngs Computers Totsl Cost Al 1 April 2023 Additions 21.239 2,659 5,209 1.576 29,107 1,576 Al 31 March 2024 21.239 2,659 6,785 3LI,683 Depreclatlon and Impalrment Al 1 April 2023 Depreciation charged in the year 8,302 3,813 532 532 5.209 525 14,043 4,870 At 31 March 2024 12,115 1,064 5,734 18,913 Carrying amount At 31 Malch 2024 9,124 1,595 1,051 11,770 Al 31 March 2023 12,937 2,127 15,064 14 Stock5 2024 2023 Finished goods and goods for resale 21,442 42,938 -24-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Debtors 2024 2023 Amounts falllng due within one year: Trade debtors Prèpayments and accrued income 13.176 457 375 1.939 13,633 2,314 16 Cr8dltors: amounts falllng due withln one year 2024 2023 Other taxation and soclal security Trade creditors Other Creditors Accruals and deferred income 1,683 7.973 5,347 2.916 2,575 2,801 4,922 2,916 f7.919 13,214 17 Retirement benèfit schèmes 2024 2023 Deflned contribution schemes Charge lo profil or loss in respect ol defi'ned conlrtbutiun schemes 2,155 3,494 The charity operates 8 defined contribution pension scheme lor all qualifying employees. The assets of the scheme are held separately from those of the charfly in an independently adminislereof funct. -25-
THE LEWIS FOUNDATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Unrestrl¢ted funds The unreslricled funds of the charity comprise the unexpended balances of donations and grar>ls which are ol subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been Sel asido out of unreslricled funds by the Iruslees for specific purposes. At 1 April 2023 Incomlng resources ResourGe5 At 31 March expènded 2024 General funds 39,715 250,OQ4 {267,2551 22,484 Previous year.. At1 Aprll 2022 In¢omlng Resources At 31 March r8sourc8s expendèd 2023 General ftjnds 211,445 181,846 1353,576} 39,715 20 Analysls of net assets between funds Unrestricted funds 2024 Restrlcted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current asselsllliabilitiesl 7,857 14,607 3.913 10,000 11,770 24,607 22,464 13,913 36,377 Unrestrlcted fiinds 2023 Restricted funds 2023 Total 2023 At 31 March 2023.. Tangible assets Current asselsllllabililiesl 9,445 30,270 5,619 15,758 15,064 46.028 39,715 21.377 61,092 21 Rèlated party transactlons There were no disclosable related party transactions during the year12023- none). 27-