Beaumont Lodge Neighbourhood Association CIO Report and Financial Statements For the year ended 30 June 2025 Charity No: 1166871 Beaumont Lodge Neighbourhood Association CIO Contents of the Financial Statements for the Year Ended 30 June 2025 Page Charity Inforn]ation Report of the Trustces Independent Examiner Rcport Statement of Financial Activities Balance Shect Notes to the Financial Statemcnls 7- 11 Beaumont Lodge Neighbourhood Association CIO Charity Inforniation for the Year Ended 30 June 2025 TRUSTEES: M Buchanan (Chair) M Jagu?i (appointcd 27105125) C Kirby (appointed 10112125) R l N¢nl Leys Ward of Leiccster. To ensur¢ a bettcr quality of life for th¢ residcnts of Be¥umont Loys. ACHlbVkMEN'fs AND PERTr'C)RMA.NCE Altlioubih this has be¢n a financially difficult year, we ¢ont121IILsd to dcliv¢r acliviti¢s that makL a differcnc¢ locally. Youth %cs5ions wcre rcsianed with new fLindin&v from'fhc Nationol Lott¢ry C.ommuniiy Pund. Wc ul&o rcceived tLindiii&i fiDm De Montfoit UnivL'rsily for our adult art cla85&¥ a% wcll a.% %tartcd ii¢w commiinity aLiivitio4 such as hring-and-buy %alcs, Lutlic mornin&yg, ai)d gard¢ning ActiviliLS. Thc PcDpl¢ & Plac¢5 fundiii&F a higFhlight. givin u.% thc ability to invc%t in oui. gardeninb projc¢o4 that buili stroi)b>¢r conniLiiunx, %uppoi'Lii)b> WL1]b¥in￿l uiid widc participation. Wc also bcgan work on a ncw web%itL and br￿ndirtYr to improvc visibility. NonL of thi% woiild h&v¢ bcLn poysiblc witlioul ihe ¢ommitm¢nt ofiru6tLes volunteer&, whose lin)v and d￿lILAtIon r¢Jy]uin at the heart of the As8ocialion. Oui. pi'iorily for the ¢omin& year 14 to 8tsbili%e finunces, diversify income. an(1 stren&Trihen goven)an¢e. With the upport of members. local couMcilloTh. und purtnery such us L12 _ Th¢ Looke E-LLurnii)g I,oiindution, The Nulional Lottery (".oinmunity bund, De Montfort University. and P¢ople & l)luces. w¢ remuin dctennineil to %eLure the long- tern) lulLire of Beaumtsni Lody¢ N¢iuhbourhood Association. 'INANC.IAL HLVIEW UI)IY.4tricted inLoin¢ LOlltinue¥ to b¢ driven pi'iinurily by rwni liire lind locol fundrllisin¥ activity, however operutinb C04t% rL'inllin l)i8h, purticulurly litiliti¢￿ on(1 l)uilding r¢luted LUSts. Tli¢ deficit hali been muna8￿1 tlirough reberves brOu￿11t foNar(l. anil thL 'I'Iustees ¥oiitinuL tu ii)onitoi' ¢uyl)flow closcly. Rcstrirlcd urAnl incomc totallcd £2.OVU with rc8tri¥lcd cxpci)ditLirc of £286, lenving £1.714 Df ￿￿trict¢d fund% lo carry forward al year end, split belwc6m LCC bunding1£758) and P¥()plL and PlllcL.%1£9561. L(￿kIng Ahead, the T1￿￿tec% will prioTltil¥C stren￿11¢])1ng tsnrestrictc(l incoinc. k¢cpiiig LU8t4 under control, ai)d bc¢uring further.¥inall bFrunl support lo protccl thc C.¢ntrc'ii loiig l¢rni ¥ustainubility. Page 2 Beaumont Lodge Neighbourhood Association CIO Report of the Trustees (Continued) for the Year Ended 30 June 2025 TRUCI'URE, GOVLRNANCL AND MANAGEMENT Beauniont Lodgi Ncighbourhood CIO is a r¢bTi¥lerLNI charity, was fOrn￿d in May 2016 and is governed by iv8 CIO constitution. Rb*LRENCE AND ADMINISI'RAI'IVE DE'fAILS Key charity details. including Truslce% who served during the year under review ar¢ detsiled on page l. STATEMENT OF TRUSTF.CI S RESPONSIBII.ITIES Charity law requires the I'twst¢cs lo p￿pare financial ststcm¢nts for each tinancial y￿r which g¥iv¢ a inie and f&ii' vi¢w af th¢ statL of uffair% of th¢ ¢hp¢fity and of the not.surplu8 or d¢fi¢it of thL charity for that pL'riod. In preparing those financial xtlltem¢nls. Ihc Trust¢e¥ are required to:_ lect s11ilhble ae¢ounting policicg Ind apply Iliem ¢onsi&tcntly make judgi¢m¢nt% And o¥timat¢4' that arL r¢asonabl¢ and prudLnt prupare Lhc financial 4iatemenl¥ 01) the &Foingy concen? batiis unlcss it i¥ appropriate to prcsumc thlli IhL Lharity will not conliniie li) op¢rotion 'rhe Tru4tee% ure re4pnnsiblc for keeping propel. o¢¢oiinlii1&> fLX'ord% whiLh disclose with reusaniible uccui'ucy at nny time the financiul po%itioii of tliL chui'ily 011(I to ¢i)ulilc Ihem to ciisiire Ihut tl)e fiiian¥iul &tlltuii¥i)l% coinply with IhL C.haritie% Act ?0 I l #i)d iliL ('.hyritiLs SORI) ￿115 i u? 'ri)ey &ir¢ Ill￿0 respoi)%iblc lor sutC8iiur(ling tlic ass¢tt> Ot the elidrily and li¢nLe Cor laking r¢J%ondblL %l¢p¥ for the prevcnlioi) #i?d deteLtiun of Irmud uiid otliei. ij'r¢iiLiliiriti¢s. The Or￿iniS￿t10n hH8 tsken udvanthg¢ of tlic smyll componiLY exemption in pr¢paringJ the report above. I'h¢ tru8lee4 declare Ihdt they huve appioved the tru¥te￿ report ubove. ON 13F,IIALTr OF TIIE COMMirrEE Mr M 13uchAnan BL'aumont Lodg¢ Ncighbourhood Association C'IO Datc.. '4 c)1.2£ Page 3 Beaumont Lodge Neighbourhood Association CIO Independent Examiners Report to the Trustees for the Year Ended 30 June 2025 I report on the a¢¢ounts of thc Charity for the year ended 30 June 2025 which are set oul on pagcs 5 to I l. Thii report ig made golely io tho tThste¢s, as a body, in accordance with the regulations made under Section 154 of th¢ C'.hariti&q Aet 201 l. My work has been undertaken so that I mighi.state to the chariws trnste¢¥ those mattciB l am reqiiired to State lo them in in indepcndent examincr's report and for no oth￿. piirposc. To thc full¢sl ¢xlent p¢miittcd by law, I do not accept OT as.%UTne responsibility to anyone other thali ÉhL cl)arity and the charity's truste¢s, as a body. for my work, for this repor¢ or for the opinions I have forn)ed. RcspcLtlvL responsibllitles of tru$tee8 #nd examiner The charity'¥ trust¢Ls are I'esponsibl¢ for th¢ prepaTation i)f the ac¢ounts. The charity's trust￿ consider thai aiidil i. not reqiiired tor this year (und¢r yeciion 144 of th¢ LhariliL% Aci 2011 (th¢ Aci)) and that an independ¢n¢ cxaminaiion i& needcd. 11 is my re4pun&ibility to,. examin¢ the ttc¢ount&' (under ¥ection 145 0l.thc Act) to follow thL procedures laid down in the Ciener41 Directions given by th¢ Charity Commi44ioiiers (underl section 145{5}Ibl of ihe Act},' un(i to siale whether purlicular matter& h¥ve come to my uttention. Ba815 of Independent exfimlner8 fLport My exaininalion is carried out in llc¢ordanc¢ with thc Cienerul Direction8 given by Lh¢ Charity Commi&sioner¥. An exumintiliun include% u revicw of the accounting re¢ords kept by the charity and 8 comparison of the accounts pre4¢nied with th040 record%. It al¥0 include% consid¢rdtion of Jny ui)u¥ual itei))$ OT di%¢lo.8ureN in the yccouni&. an(1 th¥ ¥eekin& of explanu1i011s froin you ll¥ tnislee% Cunceminbi nny ¥uch IiiJtters. The proceiliire% undertaken do not piuvidL all the evid¢i)Le thut would bL rwtiirc(l in Judil lliid. con%e(iiiently, I do not expr&%.% an lludit opiniun on the 'true und fair" view givcii by thc a¥¥oiiiiL4. und the r¢port is liii)itLYi lo those Imutters %el out in the ststeinent below. Indepvndent examlner's statement In Conncction with my cxainination, no mutter has coin¢ to my atl¢ntion to indiculLb ihut.. * Acculintin￿ r¢cordg huve not bcLYi kcpt in ¥cLordAncc with bcclion 386 of Ihc Conipani¢% ALt 200C). The iiccounl>* d() not IlLeord with quch r￿OrdS. Wh¢r¢ ￿¢cOunt4 ar¢ prc￿a￿￿ on un uLcruttlb busis. whothcr they ffiil lo comply with rel¢vunt uccounling requiremcnts un¢J¢r section 396 of IhL Colmp￿nI¢S Act 2006, or are not ¢onsi4t¢i)t witl) thL C.hJi'itics SORP (bRS I U2). Any mattLY which the examincr bcliLvc95 should bc dixwn lo th¢ JllLntion ol'th¢ i'ead¢r to gain a propcr undLr%tuiidin¥ of the accounts. Linda Kimberley-Brook.4 (ACMA) Trouble with your fiLwe5 Wisteria Cott8ge 8 Reetory CJardcns Newbold Verdo Lckcester LE9 9AJ Date: Pagc 4 Beaumont Lodge Neighbourhood Association CIO Statement of Financial Activities for the Year Ended 30 June 2025 2024125 RestrirtLd Unrcstricted Note8 TotY41 Prlor Year Income Donationb and ILg&cies 2.000 2,000 Charitublc Aclivitics 10.756 10,756 l 0.(?02 Tolal 2.000 10.756 12,756 10.6n? Expendlture Rai$iiig funds C,l)llritable Activilicfi 2x6 13,7(15 14.051 26,()00 Separutc Inalcriul cxpLiise 5.10 514 Totul 286 14.295 14.581 27,414 Net Incomt/lexpLndlturL) 1,714 {3,539) (1,825) (16,8121 Total funds bougl)I torwurd 5,117() 5.076 21.1188 Total funds carried lorward 1,714 1,537 3,250 5.076 Page 5 Beaumont Lodge Neighbourhood Association CIO Balance Sheet As at 30 June 2025 3010612025 Restrlcted Unrestricted Notes Tot41 Tot41 l&st year CURRENT ASSETS: Debtors Bank ALcounl I'ot41 CurrLnt Asscts 93 2.1197 2.990 93 4,611 4.704 97 6,360 6.456 1,714 1,714 C.REDI'foRS FALLING DUE WITHIN ONL YEAR: 1,454 1.454 1.381 TOTAL NET ASSTrTSI{LIABILITILS) .1,250 5,076 UNDS Ob. THE C.HARITY Re.8triclcd Incoine Funds Unresiri¢icd Trunds 10 1.714 1,714 1.537 5,076 Tolal Fundi 1.714 1,5.17 -3,2.50 5,076 The cllarity wa4 cnlitl¢d lo cx¢mpli(In from audit undcr 8477 ot'th¢ Companie8 Act 200() relating to small companies. The Membe￿ have nol rcquired thc charity lo obtain an audit in aL¢ordanc¢ with 8CCtion 476 ot'lbe C:omp&nics Act 2006. The Irusl¢es aiknowl¢dgc thcir re8pon.8ibilities tor complying with thc requir¢mcnts of il)c C.ompaniL& Act willi resp¢ct to accouiiliii¥ rLLords and tlie prLparution ol'o¢counts. 'I'hLse acLounls hav¢ be¢n preparcd in accordance with the provisions rLpplicablc lo sinall LompaniLg subjLcl lo thc niall iompaiiic8 r¢gime and in uccordance with fRS102 S()RP. Approved by ihc tNslc¢5 and,%igned on Ihcir bLhalt' by., Mr M Buchanan Truslcc Date.. 17.03.1 Mr J Marvin Trustee Date.. 17-oJ - CG Page 6 Beaumont Lodge Neighbourhood Association CIO Notes to the Financial Statements For the year ended 30 June 2025 l) Ela8Ss vf preparatio Basis of gceountlng I'hL linAIividl statejnents have beeil prcpared uiidei. the histori¢al Losl convenlion with items reLognised al cos¢ ur ti'all4aLLiun vt)lue unless oihenvi%e %tated in the relevdnl nole(s} lo the.4c dLcoulli%. ThL ULCOUnl￿ havc bLLn prLpttrLd in aLLordaiivc wilh the StdtLincnt uf RcLomm¢ndcd Practice.. ALL()uiIIiii dnd Reporting by Churi¢ics preparingi Ihcir aLLounls in aLLordÉiii¢¢ with Ihc FinaiiLial Rcporting Si&iidard ppliL'ttbl¢ in th¢ UK and Rcpublic ol. Irel£iiid IF+RS 1021 issucd ()n 16 July 2U14. Tlie charily cL)nslilulety a publiL benelit cnlity a8 defincd by I., RS 102. Goln% C'ontern Tlie%c ULL¢JunL4' arc prcparcd vn the ￿01n￿ conccrn bu%1%. Chan%L ol, accuuntlnR pollcy 'I'he accoun1% prL8enl a truc and lair vicw and no chungety havc been made lo thc accounling policics udoplcd in note 2. Chon%e8 to acr(buntln2 estlm&tes No cliange4 to aLcounling csliii)&le8 have oc¢urrL¥d in Ihc reporting pci'iod. MAterlAI prlor yL'ar errors No malerial prior year crror havc bcen idcntificd in the rcporting p¢riod. 2) ACCOUNTING POLICIES 2.1) Reconclllatlon wlth provlouN gLner4lly a¢¢eptod 4ccountlng pru¢tlLe None rLquircd for this period. 2,2) Ineome Ri'ci)xnlllon uf InLume Thes¢ are included in thL Sialcmcnl of. Financial Activilics ISOFA) when.. Ilic ¢harity bccoincs LiiliilLd to thc rLsoufcL4; it is InorL. likcly thai) noi that IhL Iru.stL'Ls will rcceivc Il)e resourccs. Ilie inonLbthry value can b¥ mLasurcd willi sufficiLnt reliability. O((settln ThLr¢ has becn no offs¢itingy of &8sel8 and IiabililiL￿, or income and cxpenses. Grunts And Dijnatlons CJr&nt.4 and donalions ar¢ only includ¢d in the SOFA when the general income rccognition ¢ritcria are met. (5.10 to 5.12 FRS102 SORPI. No pcrforniance related grants were received. Government xr8nts Thc charftty has r¢ceived onc govcrnnient grant in the reporting pcriod. Page 7 Beaumont Lodge Neighbourhood Association CIO Notes to the Financial Statements For the year ended 30 June 2025 2.3) Expenditure 4nd Liabilltles LiAbility Reeognition I,Idbilitie$ are reo)gt)ised where il is Inore likely than nut that there is a legal or conslruclive obligation cominilliii¥ Ihe charity lo pay out r¢sourLe& and the amount of ihe obligyalion can be ii)¢a&ured will) reasonable cerlainty.. Govirnance and $upport cfjsts Support Lusls havL bL¢ii alloLc. Grthnts wffith p¢rformanc'L' condltlun9 Wlierc th¢ ¢liarily gives a grant tor its paymcnl bein¥ a specific Icvel ot'service or output to bc providcd, 8uch gvraiils arc only re¥o&?ni8Ld in Ihc SOFA oncL Ihc rL'Lipi¢lli ot the grant ha8 providLd thc specilicd servi¢¢ or oulpul. Gr*nts p&yAble wlthoul PLrfnrmunec (￿ndItIOnS Wl)crL Ihcrc arc ni) coi)dilions allllcliiiiy lo thc uranl that cnablcs Ihc donor cliarity lo rcalisliLally avoid IhL LommilmL'nt. a liability lor Il)e lull funding obligation Inust bc rLcogni%cd. Redund4nLy LOJI Thc charity mude no redundancy paymcnl8 during the reporting plriod. DefLrred InLoine No niLtlcriol item of. dclcrr¢d iiicomc has b¢¢n includcd in the accounts, Credltorj Thc ¢l?arity l?as crL'ditors whiLh are mca&ured at scltl¢mcnt &mounl8 legs uny IradL discounL8. Pr(Ivl%li>n fi)r118bllltl¥s A lial)ilily i¥ mcAsiirL' on rccognition ot its lii.qloricul co8t nnd thcii sub8¢qucntly IiicasurL.d ul Ilie bc.%l csliinlll¢ of Ihc amouiil rLquir¢d lo s¢ttlc Iliu obligation at thc i'iporling dalL. BxslL nnAncl#l Instruments TIIC Lliarily aL¢ounls for basic finuncial instrumcnis oli initial I'¢¢ognitioii As per pllrugraph 10.7 FRS102 SURP. Subsequcnt m¢asurcm¢nt is as p¢r paragraph8 11.17 to 11.19, FRS IU2 SORP. 2.4) Assets Debtors Dcbior5 (Including tradc debtors and loans reccivablc) are measured on initial recognition at s¢ttlcmcnt amount after any tradc discount.q or ￿￿Ount advanced by the charity. Subscquently, th¢y are measured at the cash or other ¢onsidcration expected to be received. Page 8 Beaumont Lodge Neighbourhood Association CIO Notes to the Financial Statements For the year ended 30 June 2025 3) InLume 2024125 Restrlctvd Unrestrieted 2023124 Total DonAtiuns and legalies DoiidLions dnd gifts (icncr Cxsh at bank In h4nd 2024125 2023124 C'.ash al bank tsnd on hand 4,C)I I 6.3()11 Page 10 Beaumont Lodge Neighbourhood Association CIO Notes to the Financial Statements For the year ended 30 June 2025 RestriLtcdl In¢oniiiig Unreylri¢ted Ai l July 2024 Resources OutgTroing ResOu￿e& At 30 June 2025 10) MOVEMENTS IN FUNDS LCC Funding Pe4)pl¢ and Placcs Oihcr fund$ R¢$triLted 1,000 1,000 10,756 242 758 RL5tTiclcd 44 14,295 956 UnrestriLlcd 5,075 1,536 Tolv¢l Funds as per balunc¢ slieel 5,1175 12,756 14,581 I I) DETAILS OF RESTRICTED FUNDS LCC Funding Beaumont L¢￿ and Abbey Ward FcstlVL' Loniinuility Lunch Peoplc and Places Sircngihci)ing C'onimunity Scrvices and Oiitdoor Wellbcing at Beuumoni Lodge, supportin¥ weckly drop-ins ttiid outdoor wollbeiiig und ￿l'd¢nIng ￿tIVIty. Pagcll