Registered number: 09789975 Charity number: 1169521
THE LAMBERT DOBSKI TRUST (A company limited by guarantee)
UNAUDITED TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
CONTENTS
**----- End of picture text -----**
**----- Start of picture text -----**
Page
Reference and administrative details of the company, its Trustees and advisers 1
Trustees’ report 2-4
Independent examiner's report 5-6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9-16
**----- End of picture text -----**
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Trustees Robin Aldridge
Andrew Corley
Brian Jones
Company registered
number 09789975
Charity registered
number 1169521
Registered office C/O Mingary Cottage Smalley Mill Road
Horsley
Derby
DE21 5BL
Company secretary Andrew Corley
**----- End of picture text -----**
Page 1
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The Trustees present their annual report together with the financial statements of the The Lambert Dobski Trust
for the 1 October 2023 to 30 September 2024. The Annual report serves the purposes of both a Trustees'
report and a directors’ report under company law. The Trustees confirm that the Annual report and financial
statements of the charitable company comply with the current statutory requirements, the requirements of the
charitable company's governing document and the provisions of the Statement of Recommended Practice
(SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors'
Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The principal object of the charity is the advancement of the evangelical Christian Faith worldwide in
accordance with the Statement of Faith in the charity's public Memorandum of Association and in accordance
with the Powers detailed in the Memorandum of Association.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a
charity (PB2)'.
b. Activities undertaken to achieve objectives
Activities for achieving the charity objectives include the following:
- To support the work of Lance Lambert Ministries in the promotion and provision of access to all books,
manuscripts and teaching material produced by Lance Lambert during his lifetime.
- To carry out and direct discipleship, evangelistic and missionary activity.
- To support, administer, set up or co-operate with other charities, voluntary organisations, clubs or institutions.
c. Main activities undertaken to further the company's purposes for the public benefit
Through teaching about Evangelical Christian beliefs and practices, the proclamation of the Gospel of Jesus
Christ and the promotion of Christian values and moral improvement, Lambert Dobski Trust seeks to bring
benefit to individuals and wider society.
By supporting Ministries that are recognised for their work and experience in helping people to develop
spiritually, morally, and intellectually, individuals have an improved sense of wellbeing and increased self-
esteem as they develop new skills, capabilities and knowledge.
**----- End of picture text -----**
**----- Start of picture text -----**
Page 2
**----- End of picture text -----**
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Achievements and performance
a. Review of activities
During the year the charity continued its charitable activities of supporting the work of Lance Lambert Ministries.
The charity has made total donations of £105,267 to Lance Lambert Ministries, Hagefen Publishing, The
Jerusalem Institute and The Europen Coalition for Israel, and The Vincent Society in accordance with its
charitable objectives for the promotion of and provision of access to all books, manuscripts and teaching
materials produced by Lance Lambert, carrying out and direct discipleship, evangelistic and missionary activity
and support and co-ordination with other charities. Through these donations the charity has given consideration
to the considerable public benefit of the advancement of the Christian religion and evangelistic and missionary
activity.
The Trustees have invested a proportion of reserves into an independently managed investment fund in order to
maximise the potential returns on the charity's surpluses.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the company has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue to adopt the going concern basis in preparing the financial statements. Further details regarding the
adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The charity finished the year with a surplus of £67,947 after investment gains and losses (2023: £19,876
surplus) and reserves of £1,681,752 (2023: £1,613,805). All funds at the end of the year were unrestricted
resources. The Trustees are satisfied with the results for the year and expect continued growth in the future.
There are minimal administrative expenses therefore the charity does not need to hold amounts in reserve and
the intention of the Trustees is to distribute the maximum amount of reserves possible in continuance of its
charitable purposes. The surplus funds held at year end have arisen due to the timing of income and
expenditure up to the year end date.
Structure, governance and management
a. Constitution
The Lambert Dobski Trust is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association on 10 August 2015.
b. Methods of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected and co-opted under the
terms of the Memorandum of Association.
c. Organisational structure and decision-making policies
The day-to-day responsibility for the provision of services rests with the Trustees, who ensure that the Trust
delivers the service specified and complies with all relevant laws and regulations.
**----- End of picture text -----**
**----- Start of picture text -----**
Page 3
**----- End of picture text -----**
THE LAMBERT DOBSKI TRUST (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024
Statement of Trustees’ responsibilities
The Trustees (who are also the directors of the company for the purposes of company law) 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). Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company 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:
e select suitable accounting policies and then apply them consistently;
e observe the methods and principles of the Charities SORP (FRS 102); e make judgments and accounting estimates that are reasonable and prudent; e state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; e prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company 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 on 30 May 2025 and signed on their behalf by: Robi, Aba J
Robin Aldridge (Trustee)
Page 4
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Independent examiner's report to the
Trustees of The Lambert Dobski Trust (‘the company’)
| report to the charity Trustees on my examination of the accounts of the company for the year ended 30
September 2024.
Responsibilities and basis of report
As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, | report in respect of my examination of the company's
accounts carried out under section 145 of the Charities Act 2011 (‘the 2011 Act'). In carrying out my examination
| have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
| have completed my examination. | confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act;
or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of
an independent examination; or
4. — the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities [applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102)).
| have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
**----- End of picture text -----**
**----- Start of picture text -----**
Page 5
**----- End of picture text -----**
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
This report is made solely to the company'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 | might state to the company's
Trustees those matters | am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, | do not accept or assume responsibility to anyone other than
the company and the company's Trustees as a body, for my work or for this report.
Signed: Dated: 30 May 2025
Michael Fitch Chartered Accountants Ireland
UHY Hacker Young Fitch
Suite 2.06
Custom House
Custom House Square
Belfast
BT1 3ET
**----- End of picture text -----**
**----- Start of picture text -----**
Page 6
**----- End of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2024
Income from:
Donations and legacies Investments
Total income
Expenditure on: Charitable activities
Total expenditure Net expenditure before net gains on investments Net gains on investments
Net movement in funds Reconciliation of funds:
Total funds brought forward Net movement in funds
Total funds carried forward
**----- Start of picture text -----**
Unrestricted Total Total
funds funds funds
2024 2024 2023
Note £ £ £
3 46 46 33
4 41,974 41,974 42,756
42,020 42,020 42,789
5 115,648 115,648 96,517
115,648 115,648 96,517
(73,628) (73,628) (53,722)
141,575 141,575 73,589
67,947 67,947 19,867
1,613,805 1,613,805 1,593,938
67,947 67,947 19,867
1,681,752 1,681,752 1,613,805
**----- End of picture text -----**
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 9 to 16 form part of these financial statements.
Page 7
THE LAMBERT DOBSKI TRUST (A company limited by guarantee) REGISTERED NUMBER: 09789975
**----- Start of picture text -----**
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024 2023
Note £ £
Fixed assets
Investments 9 1,185,514 1,025,379
1,185,514 1,025,379
Current assets
Debtors 10 372,697 410,922
Cash at bank and in hand 126,618 180,464
499,315 591,386
Creditors: amounts falling due within one
year 11 (3,077) (2,960)
Net current assets 496,238 588,426
Total assets less current liabilities 1,681,752 1,613,805
Net assets excluding pension asset 1,681,752 1,613,805
Total net assets 1,681,752 1,613,805
Charity funds
Restricted funds 13 - -
Unrestricted funds 13 1,681,752 1,613,805
Total funds 1,681,752 1,613,805
**----- End of picture text -----**
The company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 30 May 2025 and signed on their behalf by: alg,MAEJ CA~ Robin Aldridge Andrew Corley
(Trustee)
(Trustee)
The notes on pages 9 to 16 form part of these financial statements.
Page 8
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1. General information
The Lambert Dobski Trust is a charitable company incorporated in the United Kingdom under registration
number 09789975.
The Charity's registered office is: C/O Mingary Cottage, Smalley Mill Road, Horsley, Derby, DE21 5BL.
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 2015), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Lambert Dobski Trust 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.
2.2 Income
All income is recognised once the company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party, it is probable that a transfer of economic benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is classified by
activity. The costs of each activity are made up of the total of direct costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those
activities on a basis consistent with the use of resources. Central staff costs are allocated on the
basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the company; this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
**----- End of picture text -----**
Page 9
**----- Start of picture text -----**
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2. Accounting policies (continued)
2.5 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured at fair value at the Balance sheet date, unless the
value cannot be measured reliably in which case it is measured at cost less impairment. Investment
gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses)
on investments’ in the Statement of financial activities.
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
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the
amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the company 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.
2.9 Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured at their settlement value with the exception of bank loans which are
subsequently measured at amortised cost using the effective interest method.
2.10 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 company and which have not been designated for other
purposes.
Investment income, gains and losses are allocated to the appropriate fund.
**----- End of picture text -----**
Page 10
THE LAMBERT DOBSKI TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 3. Income from donations and legacies
**----- Start of picture text -----**
Donations
**----- End of picture text -----**
Donations 4. Investment income
Income from listed investments Interest received Income from listed investments Interest received
**----- Start of picture text -----**
Unrestricted Total
funds funds
2024 2024
£ £
46 46
Unrestricted Total
funds funds
2023 2023
£ £
33 33
Unrestricted Total
funds funds
2024 2024
£ £
23,560 23,560
18,414 18,414
41,974 41,974
Unrestricted Total
funds funds
2023 2023
£ £
22,707 22,707
20,049 20,049
42,756 42,756
**----- End of picture text -----**
Page 11
THE LAMBERT DOBSKI TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
5. Analysis of expenditure on charitable activities Summary by fund type
Advancement of the Christian Faith
Advancement of the Christian Faith
Unrestricted funds Total 2024 2024 £ £ 115,648 115,648 Unrestricted funds Total 2023 2023 £ £ 96,511 96,511
Page 12
THE LAMBERT DOBSKI TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 6. Analysis of expenditure by activities
Advancement of the Christian Faith Advancement of the Christian Faith Analysis of support costs Bank charges Legal and professional fees Governance costs Bank charges Legal and professional fees Other support costs Governance costs
**----- Start of picture text -----**
Activities
undertaken Support Total
directly costs funds
2024 2024 2024
£ £ £
105,267 10,381 115,648
Activities
undertaken Support Total
directly costs funds
2023 2023 2023
£ £ £
86,795 9,716 96,511
Advancing Total
Christianity funds
2024 2024
£ £
187 187
7,116 7,116
3,078 3,078
10,381 10,381
Advancing Total
Christianity funds
2023 2023
£ £
230 230
6,382 6,382
144 144
2,960 2,960
9,716 9,716
**----- End of picture text -----**
Page 13
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
7. Independent examiner's remuneration The independent examiner's remuneration amounts to an independent examiner fee of £2,563 (2023 - £2,466).
8. Trustees’ remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 30 September 2024, no Trustee expenses have been incurred (2023 - ENIL).
9. Fixed asset investments
Cost or valuation At 1 October 2023 Revaluations At 30 September 2024
Listed investments £ 1,025,379 160,135 1,185,514
Net book value
At 30 September 2024
At 30 September 2023
1,185,514 1,025,379
10. Debtors
Other debtors 11. Creditors: Amounts falling due within one year
Accruals and deferred income
2024 2023 £ £ 372,697 410,922 372,697 410,922 2024 2023 £ £ 3,077 2,960
Page 14
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12. Financial instruments
2024 2023 £ £
Financial assets
Financial assets measured at fair value through income and expenditure
126,618 180,464
Financial assets measured at fair value through income and expenditure comprise cash at bank and deposit accounts.
13.
Statement of funds
Statement of funds - current year
Balance at Balance at 1 30 October Gains/ September 2023 Income Expenditure (Losses) 2024 £ £ £ £ £ Unrestricted funds General funds 1,613,805 42,020 (115,648) 141,575 1,681,752 14. Summary of funds Summary of funds - current year Balance at Balance at 1 30 October Gains/ September 2023 Income Expenditure (Losses) 2024 £ £ £ £ £ General funds 1,613,805 42,020 (115,648) 141,575 1,681,752
Page 15
THE LAMBERT DOBSKI TRUST
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
15. Analysis of net assets between funds
Analysis of net assets between funds - current period
Fixed asset investments Current assets Creditors due within one year
Total
Analysis of net assets between funds - prior period
Fixed asset investments
Current assets Creditors due within one year
Total
Unrestricted Total funds funds 2024 2024 £ £ 1,185,514 1,185,514 499,314 499,314 (3,077) (3,077) 1,681,751 1,681,751 Unrestricted Total funds funds 2023 2023 £ £ 1,025,379 1,025,379 591,386 591,386 (2,960) (2,960) 1,613,805 1,613,805
Page 16