## LS14 Trust
Charity number 1169716
A company limited by guarantee number 06827782
## Annual Report and Financial Statements
for the year ended 31 March 2022
LS14 Trust
Annual Report and Financial Statements for the year ended 31 March 2022
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 8|
|Examiner's report|9|
|Statement of financial activities|10|
|Statement of cash flows|11|
|Balance sheet|12|
|Notes to the accounts|13 to 21|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## LS14 Trust
## Trustees' report for the year ended 31 March 2022
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position Dates**
Timothy Jones Bryan Robinson Helen Taylor Paul Drinkwater Kathryn Ann Atkinson Keith Nichols Maria Dos Santos Emiliene Eyongakpa Tabi Rachel Ainscough
Chair
resigned 21 October 2022
resigned 28 Mar 2022 resigned 10 May 2021 appointed 28 Mar 2022 appointed 28 Mar 2022 appointed 4 July 2022
## **Charity number Company number**
1169716 06827782
Registered in England and Wales Registered in England and Wales
## **Registered and principal address**
## **Bankers**
45 Ramshead Hill Lloyds Bank plc Leeds 65-68 Briggate LS14 1BT Leeds LS1 6LH
## **Independent examiner**
Simon Bostrom FCIE
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 23 February 2009. It is governed by a memorandum and articles of association as amended 10 May 2016. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.
The day to day running and decision making of the charity are the responsibility of the Charity CEO and staff team who work closely with the local community to ensure that the work and development of the charity is shaped and developed by local people.
As our charity is based on the skills and passions of local people, the overall strategic lead and development of the project is overseen by a board of Trustees made up of at least 50% local people living within the LS14 postcode. The LS14 Trust CEO reports to this board.
When there is a position available the post of Trustee is advertised through local and citywide networks. All new Trustees are interviewed by an existing Trustee and then work through a clear induction process highlighting values/ vision of charity and all policies and procedures.
2
## LS14 Trust
## Trustees' report for the year ended 31 March 2022
## **Structure, governance and management continued**
## **Arrangements for setting pay of key management personnel**
The pay structure for LS14 Trust is based on the JNC pay levels. An annual pay review is held to and agreed by LS14 Trust Trustees.
## **Relationships with other charities / organisations**
We work closely with a range of charities and organisations which help our charitable objectives in the and since early in the Covid pandemic more than two years ago a group of third sector organisations banded together with residents to respond to social challenges and activate artistic energy. The result has been the creation of the new network “We Are Seacroft” consisting of a dozen organisations including LS14 Trust, Fall Into Place Theatre, Seacroft Community on Top, Kentmere Community Centre, St. Anne’s and St. Richard’s Church, Chapel FM Arts Centre.
The We Are Seacroft group has used inventive tools ranging from a spruced-up vintage ice cream van that delivered information about vaccines, sports activities and pop-up broadcasting to half-term and summer holiday camps for young people.
We have developed a strong partnership with Leeds City Council and our local councillors and work with charities and organisations across the city including: Voluntary Action Leeds; Forum Central; Leeds Community Foundation; Local Care Partnerships; Public Health; School Clusters and Active Leeds.
We have forged good relationships with funders including the National Lottery; Children in Need; and Imagine IF foundation.
We are members of Social Enterprise Yorkshire & Humber (SEYH), Locality and part of the International Federation of Settlements.
## **Administrative details**
The trustees delegate the day to day management and running of the charity to the staff, in particular Howard Bradley (CEO).
Trustees and staff are encouraged to develop skill levels through ongoing training opportunities from external providers Including Voluntary Action Leeds and Leeds City Council.
LS14 Trust is also a member of the national organisation Locality which provides ongoing advice and development opportunities for staff and Trustees.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
## **Objectives and activities**
## **The charity's objects**
To develop the capacity and skills of the members of the socially and economically disadvantaged community of LS14 (Seacroft, Swarcliffe and Whinmoor) in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
To further or benefit the residents of LS14 (Seacroft, Swarcliffe and Whinmoor) without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
3
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2022
## **The charity's main activities**
The LS14 Trust was set up in 2009 by a group of local people who wanted to work together to change the community that they loved. The project works across the whole of the LS14 postcode. It aims to bring people together to make a difference, our vision is to see LS14 become a welcoming, vibrant, happy, place where people feel in control and are proud of their achievements. We want this to be a well connected community which recognises its power to bring about and sustain positive social change, a place where every resident is safe and respected.
The mission of the LS14 Trust is to build upon the strengths of our community by working together to develop activities and opportunities, promoting the area as a vibrant and exciting place to live and work and bring up a family.
We believe in …
## **AUTHENTICITY**
We want to be loyal and true to our community.
We will always start by listening to and working with the people who are around us.
## **EMPOWERMENT**
We want to work together to bring out the gifts, skills and potential we all have as individuals and as a community.
## **COLLABORATION**
We think it’s always better to work together.
## **HOSPITALITY**
We believe in a good old cuppa tea and a natter. When people feel welcome and part of a community things begin to change for the better.
## **FUN**
Life’s not just about hard work – you’ve got to let your hair down! We want our community to be a place of joy and fun.
## **SYSTEMIC CHANGE**
We want to work towards real lasting change in our community that will make it a better place to live for our Children and Grandchildren.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular, education and training, the advancement of health or saving of lives, the prevention or relief of poverty and economic/community development/employment.
## **Ensuring our work delivers our aims**
Our approach to all aspects of our work lends itself to continual evaluation and allows us to take iterative steps in order to respond to uncertain times. We are able to evaluate the processes in our projects, such as, how well have we shared information and agreed on collective goals, and we measure our successes by assessing the impact we have had on those most in need
We are adept at sharing our findings and evaluating our methodology and we have been successful at doing this in a range of projects that have been funded by the CCG and the West Yorkshire Health Partnership. The LS14 Trust is a trusted local organisation that has taken a strategic lead in the area and has the knowledge and experience to share the lessons learnt through this collaboration. On a micro level we consider which projects have worked on the ground while being also able to reflect on the contribution to systemic change in this area and how these processes may inform attempts to reduce health inequalities and improve quality of life.
We listen to and actively encourage the community to shape the work that we do. We believe that by using an asset based community development approach to our work we ensure that we continue to be shaped by and respond to the community thus ensuring we are delivering our aims.
4
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance**
Collaboration has again been key in all of our work this year. Following on from last year it has been 12 months in which we have had to respond to the complexities of an ever changing pandemic. Our partnership work with local people, local organisations, funders and Leeds City Council has been the key to successfully navigating this. Throughout this financial year Covid has still had a considerable impact on key aspects of our delivery.
LS14 Trust has a team of 15 part-time and full-time staff and works with 30+ volunteers on a regular basis.
## Core work of the Trust
Our Learning Lab work initially continued with online groups but later in the year we were able to establish inperson groups and run a number of events particularly focusing on the development of a new community-led space in Rein Park.
## ABCD
We have a dedicated staff team working in the community with an Asset-Based Community Development (ABCD) Approach. This has continued to provide support for local people to develop small scale community-led projects which respond directly to needs and desires of the local community.
## Young people and family work
During the last 12 months we created 27000 activity packs which were distributed as part of the Healthy Holidays programme.
After the lockdown lifted we were able to start new youth groups. These were based on what the children, young people and families asked for. We also started working closely with the cluster and schools who told us what the needs were.
The youth groups were created by our two apprentices who were employed from the local area. They worked with Coach Core to do a level 2 community activator course. As their employer LS14 Trust won an award for employer of the year.
Each week we work with over 200 children.
- We run a youth club which caters for up to 150 children ages 4-17 every Friday.
- Sibs group which was created from a need for more support of siblings of children who have SEND.
- A boys and a girls group and a group for children exploring identity.
- A sports leaders programme and a youth leaders programme.
We also ran a year of holiday activities catering for 500 children in activities, events and street parties.
Our apprentices completed their courses, one went on to do a level 3 with coach core and one started Youth Work level 3. We also employed another apprentice to do level 3 Youth Work.
We started delivering youth work in Seacroft as part of the East Leeds Youth Alliance to support youth work delivered by the council.
We also started a 'dinner table' to support young women as they transition from teenagers to adults.
## Food security
This year has seen LS14 Trust prepare and launch our community pantry just before Christmas. The take up has been significant with over 100 families taking part from day one. We have continued to provide food parcels and support people shopping. We have also developed some brilliant creative food recipe boxes for families and young people.
## We Are Seacroft
We have continued to develop a collaborative way of working in the community and amongst local third sector organisations. We have started developing a website to house We Are Seacroft and worked with a film production company to record our community’s experience of the pandemic.
5
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance continued**
We have also established a volunteering project across local organisations to ensure we are supporting local people to make a difference and continue to build on the incredible community spirit that has developed over the last couple of years.
## Health and Wellbeing
We have continued to work closely with our Local Care Partnership, Primary Care Network and local third sector partners to ensure that our community has played a role in the development and implementation of provision across the ward. We have co-created resources such as a series of films and workshops that address toxic masculinity and domestic violence. We have facilitated vaccine clinics in the community and helped people transition out of lock down as they reconnect with their community.
In addition, we have funded mindfulness workshops that have had a profound impact on people dealing with mental health issues and we have continued to hold spaces where people can access social networks.
Our art therapy project, Art Room, continued for most of the year as a digital provision and provided much needed wellbeing and mental health to help meet the needs of vulnerable people and provide ongoing support.
## - City wide Impact
We have worked closely with the Adult Social Care team at Leeds City council to support 15 organisations across the city of Leeds to embed the Asset-Based Community Development approach to community work in their organisation.
The LS14 Trust CEO has worked with Voluntary Action Leeds and a number of leaders from other third sector organisations to establish the Leeds Community Anchor Network, building on the work delivered during the pandemic and looking at long term sustainable approaches to rooted community work across the city.
## **Plans for future periods**
Our focus for the next 12 months will be as follows:
## Core work
- l ABCD - continue to work with this approach at the core of what we do.
- l Learning Lab- we aim to take our learning lab groups on a range of inspirational visits to meet other people/ organisations/ communities to inspire our work / ideas in Seacroft.
## Food security
- l We would like to renovate the LS14 Trust building, improving the space to deliver the community pantry and to provide a new cafe / meeting space open to all.
## Young people and family work.
- l Over the next year in partnership with Seacroft Community On Top, we will continue growing our apprenticeship programme by offering another young person a level 2 community activator course.
- l We will lease a building which will be used as a youth centre to help engage young people we don't currently reach.
- l We will continue to grow our holiday programme and offer activities in other parts of LS14 such as Swarcliffe, Manston and Whinmoor.
## We Are Seacroft
- l The last few years in Seacroft, has seen third sector organisations and residents coming together to support each other through some difficult times. As we transition, we know there are still challenges ahead but our collaboration makes us stronger. We are looking to develop our alliance and ensure that we identify sufficient funding that will sustain this collaborative way of working. If we are sociable, passionate and supportive, we can inspire each other to create a culture where imagination and creativity can flourish.
- l We will launch our website and documentary.
6
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2022
## **Achievements and performance continued**
## Health and wellbeing
- l We will continue to develop our relationship with the Local Care Partnership and the Primary Care Network to ensure that local residents have a voice in decision making processes and are able to influence responses to local health inequalities.
- l We will promote positive messages around health and lifestyle choices through our range of activities and our community journalism that will be housed on our new We Are Seacroft website.
- l We will continue to support ventures that make a discernible difference to people across the community.
## - City wide development
- l We will continue to support organisations across the city to develop ABCD approaches in their work.
- l We will continue to develop and play a leadership role with Leeds Community Anchor Network.
## A big thank you:
We would like to thank all of our staff for another year of extraordinary effort and commitment. We have supported thousands of people across our community over the last 12 months. We would also like to thank our numerous funders who have supported and encouraged us in our work as well as the many organisations we have worked alongside during this time for the benefit of the community of LS14.
## **Financial review**
The net income for the year was £16,730, including net income of £15,513 on unrestricted funds and net income of £1,217 on restricted funds.
## **Reserves policy**
Our policy for reserves is to ensure that there are between 3 and 6 months of non-grant-funded salaries and overheads + 2.5% contingency and enough reserves to cover redundancy costs if ever required. This would currently equate to between £56,214 and £83,889.
The charity's free reserves, excluding fixed assets, at the year end were £112,764.
This represents approximately 3 months of overall annual expenditure. However much of our operational spend is secured from restricted funds (for example the majority of staff salaries and project costs) Our expected overheads and staff salaries that come from unrestricted funds in the forthcoming year are approximately £9000 per month, hence we have over 13 months reserves to cover unrestricted fund expenditure. We seek to include overhead and management costs in our grants applications, and seek specific grants, to help with these overheads and to maintain our reserves. We are also considering new ways to raise our donations and will soon start sales in our café when this can be open.
The trustees recognise that any shortfall in funding for activities funded by restricted funds will mean that activities and expenditure could be reduced or stopped should such circumstances arise.
7
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2022
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on 7/11/2022
Timothy Jones (Trustee)
8
## LS14 Trust
## Independent examiner's report to the trustees of LS14 Trust
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 10 to 21.
## **Responsibilities and basis of report**
As the charity's trustees of the charitable company (and also 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 charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.
I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the 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)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Bostrom FCIE
10/11/2022
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
9
## LS14 Trust
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2022
|Notes
2022
Unrestricted
funds
£
**Income from:**
Donations
(2)
1,056
Charitable activities
(3)
84,932
**Total income**
85,988
**Expenditure on:**
Charitable activities
(4)
74,475
**Total expenditure**
74,475
**Net income / (expenditure)**
11,513
**Transfers between funds**
4,000
**Net movement in funds**
15,513
**Fund balances brought forward**
94,021
**Fund balances carried forward**
(8)
109,534|2022
Restricted
funds
£
-
486,279
486,279
481,062
481,062
5,217
(4,000)
1,217
193,641
194,858|2022
Total
funds
£
1,056
571,211
572,267
555,537
555,537
16,730
-
16,730
287,662
304,392|2021
Total
funds
£
8,448
502,368
510,816
337,446
337,446
173,370
-
173,370
114,292
287,662|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
10
## LS14 Trust
## Statement of cash flows
## for the year ended 31 March 2022
|**Cash flows from operating activities:**
**Net cash provided by (used in) operating activities**
**Cash flows from investing activities:**
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
**Net cash provided by (used in) investing activities**
**Cash flows from financing activities:**
Repayments on borrowing
Cash inflows from new borrowing
**Net cash provided by (used in) financing activities**
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
**Cash and cash equivalents at the end of the reporting period**
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest payable on loan finance
(Increase) / decrease in debtors
Increase / (decrease) in creditors
**Net cash provided by (used in) operating activities**
**Analysis of cash and cash equivalents**
Notice deposits (less than 30 days)
**Total cash and cash equivalents**
**Reconciliation of net movement in funds to net cash flow**
**from operating activities**
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand|2022
£
10,874
-
(6,504)
(6,504)
(2,792)
-
(2,792)
1,578
280,329
281,907
2022
£
16,730
3,790
687
292
(20,110)
9,485
10,874
2022
£
1
281,906
281,907|2021
£
161,914
250
(12,315)
(12,065)
-
25,000
25,000
174,849
105,480
280,329
2021
£
173,370
3,089
-
-
(12,947)
(1,598)
161,914
2021
£
-
280,329
280,329|
|---|---|---|
11
## LS14 Trust
## Balance sheet
|as at 31 March 2022
2022
Unrestricted
£
**Fixed assets**
Tangible assets
(9)
14,270
**Total fixed assets**
14,270
**Current assets**
Debtors and prepayments
(10)
1,867
Cash at bank and in hand
(11)
118,299
**Total current assets**
120,166
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(12)
7,402
**Total current liabilities**
7,402
**Net current assets / (liabilities)**
112,764
**Total assets less current liabilities**
127,034
**Creditors: amounts falling due after one year**
(13)
17,500
**Net assets**
109,534
**Funds**
Unrestricted funds
General unrestricted funds
85,997
Designated funds
(14)
23,537
Unrestricted funds
109,534
Restricted funds
-
**Total funds**
109,534|2022
Restricted
£
-
-
41,877
163,608
205,485
10,627
10,627
194,858
194,858
-
194,858
-
-
-
194,858
194,858|2022
Total
£
14,270
14,270
43,744
281,907
325,651
18,029
18,029
307,622
321,892
17,500
304,392
85,997
23,537
109,534
194,858
304,392|2021
Total
£
12,243
12,243
23,634
280,329
303,963
6,044
6,044
297,919
310,162
22,500
287,662
94,021
-
94,021
193,641
287,662|
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 7/11/2022
Timothy Jones (Trustee)
12
## LS14 Trust
## Notes to the accounts
## for the year ended 31 March 2022
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Investments**
Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Grants payable with performance conditions**
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Equipment: over 5 years
Motor vehicles: over 4 years and Bicycles: over 3 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
13
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2022
## **1 Accounting policies continued**
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
|**2 Donations**
Asda Foundation
Efficiency East Midlands
Enterprise Car Hire
St Peters Church
Other donations
**3 Charitable Activities**
European Regional Development Fund (ERDF)
Fall Into Place (FIP)
HMRC Job Retention Scheme (CJRS)
Leeds City Council (LCC)
Leeds Community Foundation (LCF)
Live Well Leeds
Other small grants
People's Learning Lab
Street Games UK
Together 4 Peace
Voluntary Action Leeds (VAL)
Warburtons
Yorkshire Sport
Neighbourly Community Fund
DWF Foundation
Forum Central
Volition Leeds
BBC Children in Need (CIN)
Imagine Foundation
Touchstone
Leeds Clinical Commissioning Group (CCG)
National Lottery Community Fund (NLCF)
Apprenticeship incentive
Sales and Fees|2022
Unrestricted
funds
£
-
-
-
-
1,056
1,056
2022
Unrestricted
funds
£
-
-
-
-
-
-
249
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,000
82,683
84,932|2022
Restricted
funds
£
-
-
-
-
-
-
2022
Restricted
funds
£
15,887
24,000
2,600
127,602
205,150
20,000
-
44,895
500
19,545
2,000
3,000
9,250
-
-
-
-
-
-
-
-
-
-
11,850
486,279|2022
Total
funds
£
-
-
-
-
1,056
1,056
2022
Total
funds
£
15,887
24,000
2,600
127,602
205,150
20,000
249
44,895
500
19,545
2,000
3,000
9,250
-
-
-
-
-
-
-
-
-
2,000
94,533
571,211|2021
Total
funds
£
600
4,252
2,294
1,000
302
8,448
2021
Total
funds
£
7,015
12,500
16,937
164,824
70,718
-
-
-
3,000
-
5,000
8,954
11,225
400
500
1,500
2,000
13,120
15,000
20,000
24,800
81,774
-
43,101
502,368|
|---|---|---|---|---|
14
## LS14 Trust
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2022
|**4 Charitable activities expenditure**
2022
2022
Unrestricted
Restricted
funds
funds
£
£
Salaries, NI and pensions
1,571
249,301
Payroll fees
1,117
1,086
Phone and broadband
485
884
Travelling
45
1,053
Training and conferences
2,289
7,148
Licences and insurance
1,443
4,810
Other project delivery costs
54,863
187,130
Staff and volunteer expenses
423
1,138
Administration costs
1,041
1,696
Memberships and subscriptions
247
5,962
Freelance workers
-
13,006
Independent examination
2,040
-
Bank charges
86
38
Motor expenses
1,041
2,090
Depreciation
4,477
-
Premises costs
3,015
5,720
Loan interest
292
-
74,475
481,062
**5 Support costs**
Charitable
Governance
activity
activity
**Support cost type**
£
£
Phone and broadband
1,369
-
Administration costs
2,737
-
Independent examination
-
2,040
Bank charges
-
124
Payroll fees
2,203
-
Management and admin salaries
-
26,119
Financial management support
-
14,774
Human resources
-
778
Memberships and subscriptions
6,209
-
12,518
43,835|2022
Total
funds
£
250,872
2,203
1,369
1,098
9,437
6,253
241,993
1,561
2,737
6,209
13,006
2,040
124
3,131
4,477
8,735
292
555,537
2022
Total
£
1,369
2,737
2,040
124
2,203
26,119
14,774
778
6,209
56,353|2021
Total
funds
£
179,139
1,673
1,338
7
4,033
3,430
96,278
36
4,966
6,835
30,711
2,040
117
1,120
3,089
2,635
-
337,446
2021
Total
£
1,338
4,966
2,040
117
1,673
20,079
10,168
535
6,835
47,751|
|---|---|---|
15
## LS14 Trust
## Notes to the accounts continued
for the year ended 31 March 2022
|**6 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions
Redundancy|2022
£
234,349
14,489
(4,000)
6,034
-
250,872|2021
£
169,058
9,887
(4,000)
3,915
279
179,139|
|---|---|---|
The average number of employees during the year was 10.8, being an average of 5.6 full time equivalent (2021: 10.8, 7.3 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**
Costs of the scheme to the charity for the year
**7 Grant making**
**Project or activity**
**Purpose for which grants were made**
ERDF grant funding paid for service delivery
Project delivery
Total|2022
Grants to
institutions
£
14,867
13,290
28,157|2021
Grants to
institutions
£
9,273
29,424
38,697|2022
£
6,034
2022
Grants to
individuals
£
-
250
250|2021
£
3,915
2021
Grants to
individuals
£
-
250
250|
|---|---|---|---|---|
16
## LS14 Trust
## Notes to the accounts continued for the year ended 31 March 2022
## **8 Restricted funds**
|Balance b/f
£
Crafty Cuppa
311
Children and Youth Fund
-
Holistic Healing @
250
HMRC CJRS
-
LCF Jimbo's
3,000
People's Learning Lab
39,229
Seacroft Social
550
Warburtons
2,888
ABCD Catalyst
17,000
Asda Foundation
600
Playbox
4,266
Fall into Place
12,042
Fall into Place Food Security
-
Fall into Place Playful Spaces
-
Forum Central
743
LCC ABCD
25,251
LCC Community Mural
1,400
LCC C19 Local Prevention Plan
5,305
LCC ERDF
-
LCC Hub
18,919
LCC Kentmere Digital Project
1,000
LCC Wellbeing Fund
11,762
LCF Flint Family
7,806
LCF Healthy Holidays
7,730
NHS Leeds CCG
18,742
Street Games UK
3,000
VAL ABCD
4,772
VAL Food Reponse
-
Yorkshire Sport
6,234
Yorkshire Sport Satellite Clubs
841
Dazl Healthy Holidays
-
Yorkshire Sport OIL
-
LCC Community Chest Pot
-
LCC HAP
-
LCC Mice
-
LCC Wellbeing Climate
-
LCC Wellbeing Playbox & Friends
-
LCF Activity Packs
-
LCF Harnessing POC
-
LCF Healthy Holidays 2022
-
LCF Healthy Holidays Equipment
-
LCF Healthy Holidays SCOT
-
LCF Resilience
-
Live Well Leeds
-
T4P Garforth
-
T4P Seacroft
-
Leeds NHS Vaccine Programme
-
193,641|Incoming
£
-
-
-
2,600
-
44,895
-
3,000
-
-
-
1,950
12,500
11,500
-
26,000
-
15,000
15,887
57,500
-
-
-
22,000
-
500
-
2,000
-
-
2,400
9,250
300
2,500
431
8,800
17,071
150,000
6,000
4,000
4,150
4,000
15,000
20,000
9,783
9,762
7,500
486,279|Outgoing
£
72
-
-
2,600
3,000
50,574
-
5,888
15,000
600
4,266
13,188
-
280
743
25,373
378
15,069
15,887
76,059
1,000
11,762
3,779
29,730
18,742
3,500
1,668
-
6,234
841
2,400
-
300
-
431
1,862
17,071
98,663
1,000
-
4,150
-
15,000
20,000
6,803
6,704
445
481,062|Transfers
£
-
47,337
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(51,337)
-
-
-
-
-
-
-
-
-
(4,000)|Balance c/f
£
239
47,337
250
-
-
33,550
550
-
2,000
-
-
804
12,500
11,220
-
25,878
1,022
5,236
-
360
-
-
4,027
-
-
-
3,104
2,000
-
-
-
9,250
-
2,500
-
6,938
-
-
5,000
4,000
-
4,000
-
-
2,980
3,058
7,055
194,858|
|---|---|---|---|---|
17
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2022
## **8 Restricted funds continued**
## **Purpose of restriction**
**Fund name** Crafty Cuppa Children and Youth Fund
Crafty Cuppa Funding from Touchstone for the Crafty Cuppa project Children and Youth Fund The unspent funds from the LCF Activity Packs grant has been repurposed and transferred into this new fund with the funder's approval Holistic Healing @ Funding from LCC for Holistic Healing project HMRC CJRS For costs of furloughed staff LCF Jimbo's Funding for ABCD work within Kentmere Community Centre People's Learning Lab Funding for the Seacroft People's Learning Lab Project Seacroft Social Funding from Touchstone for the Seacroft Social Project Warburtons Funding for Playbox project ABCD Catalyst Funding from LCC Adult Social Care to deliver Asset Based Community Development in Seacroft Asda Foundation Donation towards food provision in community Playbox Funding from BBC Children in Need for Playbox project Fall into Place Funding for Youth and Families development Manager Fall into Place Food Security To fund food projects that develop food security in the Seacroft area Fall into Place Playful Spaces To fund the development of play opportunities and spaces in the local area Forum Central Funding towards Leeds Youth Covid Partnership Response LCC ABCD Funding from LCC Adult Social Care to deliver asset based community development in Seacroft LCC Community Mural Funding towards the Community Mural Project LCC C19 Local Prevention Plan Funding towards Covid-19 response LCC ERDF Funding for Energising Enterprise through Self-Reliant Groups project LCC Hub LCC Third Sector COVID-19 Hub Network grant funding LCC Kentmere Digital Project Funding towards the Kentmere Digital Project LCC Wellbeing Fund Funding towards Boggart Hill Priority Neighbourhood and Dennis Healey Centre development support LCF Flint Family Funding towards youth leadership through sport and activities LCF Healthy Holidays Funding towards Healthy Holidays programme and activities NHS Leeds CCG Funding towards Covid-19 response Street Games UK Funding towards Doorstep Sport VAL ABCD Funding towards Test and Learn ABCD Pilot VAL Food Reponse To support the work of LS14 Trust's community food response Yorkshire Sport Funding towards Youth Sport apprenticeships Yorkshire Sport Satellite Clubs Funding for Let's Get Fit Satellite Clubs Dazl Healthy Holidays Funding towards Healthy Holidays programme and activities Yorkshire Sport OIL For cycle development project LCC Community Chest Pot For sports training and staff development LCC HAP For Tackling Knife Crime and Toxic Masculinity Project LCC Mice For the Seacroft Forest Garden LCC Wellbeing Climate To fund climate change training programme for people in the Seacroft area LCC Wellbeing Playbox & Friends For building networks with a range of activites at The Playbox LCF Activity Packs Funding to provide activity packs for children. The unspent funds have been re-purposed and trasnferred into the Children & Youth project fund with the funder's approval LCF Harnessing POC For the development of a city wide third sector provision database LCF Healthy Holidays 2022 Funding towards Healthy Holidays programme and activities LCF Healthy Holidays Equipment Funding towards Healthy Holidays equipment LCF Healthy Holidays SCOT Funding towards Healthy Holidays programme and activities LCF Resilience Funding towards the running of LS14 Trust and it's strategic development and organisational resilience Live Well Leeds Funding towards Healthy Holidays programme and activities T4P Garforth To fund projects and activities in neighbourhoods in Leeds to work towards achieving net zero carbon by 2030 T4P Seacroft As above Leeds NHS Vaccine Programme To support for COVID-19 community vaccine clinics in Seacroft
18
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2022
|**9 **
**10 **
**11 **
**12 **|**Tangible assets**
**Cost**
£
At 1 April 2021
3,785
Additions
1,669
Disposals
-
At 31 March 2022
5,454
**Depreciation**
At 1 April 2021
757
Depn reversed re. disposals
-
Charge for year
1,091
At 31 March 2022
1,848
**Net book value**
At 31 March 2022
3,606
At 31 March 2021
3,028
**Debtors and prepayments**
Debtors
Prepayments
Accrued income
Other debtors
**Cash at bank and in hand**
Cash at bank
Cash in hand
**Creditors and accruals**
Bank loans and overdrafts
Creditors
Accruals
Deferred income (see note below for analysis)
Other creditors
Computer
Equipment|£
1,030
-
(1,030)
-
343
(343)
-
-
-
687
Cycles|Motor
vehicles
£
7,500
-
-
7,500
1,500
-
1,500
3,000
4,500
6,000|£
22,809
4,835
-
27,644
20,281
-
1,199
21,480
6,164
2,528
2022
£
10,501
3,059
30,184
-
43,744
2022
£
281,906
1
281,907
2022
£
5,000
6,954
2,040
-
4,035
18,029
Event Hire
Eqpmt|Total
£
35,124
6,504
(1,030)
40,598
22,881
(343)
3,790
26,328
14,270
12,243
2021
£
500
-
22,934
200
23,634
2021
£
280,329
-
280,329
2021
£
2,500
1,255
2,040
249
-
6,044|
|---|---|---|---|---|---|
19
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2022
|**13 **|**Creditors: amounts falling**|**due after one year**||2022|2021|
|---|---|---|---|---|---|
|||||£|£|
||Bank loans|||17,500|22,500|
|||||17,500|22,500|
|**14 **|**Designated funds**|Balance b/f|Incoming
Outgoing|Transfers|Balance c/f|
||Children & Youth Project|£
-|£
£
-
-|£
23,537|£
23,537|
|||-|-
-|23,537|23,537|
||**Fund name**|**Reason for designation**||||
||Children & Youth Project|Towards running|costs for a new youth project and community||kitchen|
|||project.||||
## **15 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The total employee benefits received by key management personnel were £82,394 (previous year: £31,614).
20
## LS14 Trust
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022
|2022
2021
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Donations
1,056
7,848
Charitable activities
84,932
58,501
**Total income**
85,988
66,349
**Expenditure**
Charitable activities
74,475
44,348
**Total expenditure**
74,475
44,348
**Net income / (expenditure)**
11,513
22,001
**Transfers between funds**
4,000
20,680
**Net movement in funds**
15,513
42,681
**Fund balances brought forward**
94,021
51,340
**Fund balances carried forward**
109,534
94,021|2022
Restricted
funds
£
-
486,279
486,279
481,062
481,062
5,217
(4,000)
1,217
193,641
194,858|2021
Restricted
funds
£
600
443,867
444,467
293,098
293,098
151,369
(20,680)
130,689
62,952
193,641|2022
Total
funds
£
1,056
571,211
572,267
555,537
555,537
16,730
-
16,730
287,662
304,392|2021
Total
funds
£
8,448
502,368
510,816
337,446
337,446
173,370
-
173,370
114,292
287,662|
|---|---|---|---|---|
21