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2023-03-31-accounts

LS14 Trust

Charity number 1169716

A company limited by guarantee number 06827782

Annual Report and Financial Statements

for the year ended 31 March 2023

LS14 Trust

Annual Report and Financial Statements for the year ended 31 March 2023

Contents Page
Trustees' report 2 to 9
Examiner's report 10
Statement of financial activities 11
Balance sheet 12
Statement of cash flows 13
Notes to the accounts 14 to 23

Prepared by West Yorkshire Community Accountancy Service CIO

1

LS14 Trust

Trustees' report for the year ended 31 March 2023

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 Paul Drinkwater Maria Dos Santos Emiliene Eyongakpa Tabi Rachel Ainscough

Charity number 1169716 Company number 06827782

resigned 7 Nov 2022 appointed 4 Jul 2022 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 operational 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 city-wide networks. All new trustees are interviewed by an existing trustee and then work through a clear induction process highlighting the vision and values of the charity and all policies and procedures.

2

LS14 Trust

Trustees' report for the year ended 31 March 2023

Structure, governance and management continued

Arrangements for setting pay of key management personnel

The pay structure for the Trust is based on the NJC pay scales, with annual pay reviews agreed by LS14 Trust trustees.

Relationships with other charities / organisations

We work closely with a range of other charities and organisations which help us meet our charitable objects. Since early in the Covid-19 pandemic a new coalition of third sector organisations banded together with residents to respond to social challenges. The result has been the creation of a new collaboration named “We Are Seacroft,” consisting of a dozen organisations including LS14 Trust, Fall Into Place Theatre, Seacroft Community on Top, Kentmere Community Centre, Seacroft Parish and Chapel FM Arts Centre.

The We Are Seacroft group has used creative engagement 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 foundation. We are members of Social Enterprise Yorkshire & Humber (SEYH), Locality and 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 2023

Objectives and activities continued

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 strengthen the community that they loved. The project works across the whole of the LS14 postcode. It aims to bring people together to make a positive difference. Our vision is to see LS14 become a welcoming, vibrant, happy-place where people feel in control of their lives and are proud of their achievements. We want this to be a wellconnected 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, 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

We believe in a reflective and interactive approach to the community work that we deliver.

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.

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.

4

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2023

Objectives and activities continued

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 able to reflect on our contribution to systemic change in this area, and how these processes may inform attempts to reduce health inequalities and improve quality of life.

Achievements and performance

Core Delivery:

Over the last 12 months the core work of the LS14 Trust has continued to be shaped by our long term assetbased approach to community work. A lot of what we have delivered this year, by design, has not been new projects but has built on the work from the previous year. The post-Covid landscape has required a steadying of the ship, consistency, and a focus on long-term decision making in response to uncertain times.

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- for example a new group focusing on crafting and crochet. We have also trained over 20 organisations and community projects across the city to develop ABCD skills.

We have continued to deliver our Lottery-funded Seacroft People’s Learning Lab project running weekly sessions and special events throughout the year. We have worked with over 500 local people, developing community leaders and focusing on positive things we want to change in our community to make it even better. This year has seen a continued focus on youth work (see below), support for asylum seekers in our community and environmental interventions.

Food security

A major focus of our work this year has been the renovation of the LS14 Trust building. This process has taken most of the year and was led brilliantly by Chris Jackson and a staff team. The building now has a new energy efficient electric heating system and is equipped with a new cafe space, community pantry and warm and welcoming meeting spaces.

The cafe is serving affordable and healthy food 4 days a week and a strong and skilled volunteer team has been established working alongside the staff team to deliver this.

Following a successful pilot phase, this year has seen the official launch of the Seacroft Pantry as a positive and asset-based response to the cost of living crisis that is having a significant impact in our community. As the year ends we have over 300 families signed up and using the pantry, which is run by the community for the community.

This year has also seen the continued development and delivery of family food classes on a weekly basis. This is delivered in partnership with Kentmere Community Centre and has seen 30+ families develop their cooking skills and take away slow cookers to continue the cooking at home.

Young people and family work.

Our focus on youth and children’s work remains strong and we are working towards developing a communityled/ multi-agency, long-term sustainable plan for such work across Seacroft. Each week we work with over 200 children.

5

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2023

Achievements and performance continued

We have also run a year of holiday activities catering for over 500 children in activities, events and street parties.

We continue to deliver youth work in Seacroft as part of the East Leeds Youth Alliance to support youth work delivered by the council.

We have started exploring the potential of developing a new Playbox project alongside the community in Killingbeck.

We Are Seacroft

The last few years has seen third sector organisations and residents coming together from across Seacroft to support each other through some difficult times. As we transition, we know there are still challenges ahead but our collaboration makes us stronger.

This year saw the We Are Seacroft collaboration officially launched, and a large community celebration at Kentmere Community Centre.

The We Are Seacroft collective meet on a weekly basis and have organised ongoing training and development opportunities both for organisations and community members throughout the year focusing on issues such as Wellbeing, inclusive working, and unconscious bias.

The We Are Seacroft website has been developed as has ongoing shared marketing to let people across Seacroft know what opportunities are available to them across the community.

We Are Seacroft has also secured funding to deliver a cost of living response. This means that across Seacroft people can be supported with food and heating issues and supported to make sustainable steps forward.

Health and wellbeing

We continue to deliver our innovative group based Arts Therapy work both in our building and in venues across the community as part of the Live Well Leeds contract.

We 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.

We have developed joint training opportunities with the health sector and have worked closely with them to provide ABCD training and organisational development.

We continue to develop community led focus groups which feed into and directly influence the work of the health sector in our community.

- City wide development

This year has seen the CEO of LS14 Trust play a key role in the establishing and growth of the Leeds Community Anchor Network. The network has grown in influence and is proving an effective mechanism to secure resource for our local community and to ensure the voices of our community are being listened to across the city,

A big thank you

A huge thank you to our staff team and to our committed and passionate community.

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.

6

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2023

Plans for future periods

Our focus for the next 12 months will be as follows:

Core

Youth

Food security

We Are Seacroft

Health and Wellbeing

City-wide Impact

7

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2023

Financial review

The net income for the year was £86,822, including net income of £41,149 on unrestricted funds and net income of £45,673 on restricted funds after transfers.

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 £49,873 and £62,941.

The charity's free reserves, excluding fixed assets, at the year end were £137,938.

This represents approximately 2 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 £4,250 per month, hence we have sufficient reserves to cover over 12 months of 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 also receive a small amount of sales and donations in our community pantry and café.

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.

8

LS14 Trust

Trustees' report (continued) for the year ended 31 March 2023

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 30/10/2023

Tim Jones (Trustee)

9

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 2023, which are set out on pages 11 to 23.

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:

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

20/11/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

10

LS14 Trust

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2023

Notes
2023
Unrestricted
funds
£
Income from:
Donations
17,591
Charitable activities
(2)
174,340
Total income
191,931
Expenditure on:
Charitable activities
(3)
151,432
Total expenditure
151,432
Net income / (expenditure)
40,499
Transfers between funds
650
Net movement in funds
41,149
Fund balances brought forward
109,534
Fund balances carried forward
(4)
150,683		 2023
Restricted
funds
£
-
496,563
496,563
450,240
450,240
46,323
(650)
45,673
194,858
240,531		 2023
Total
funds
£
17,591
670,903
688,494
601,672
601,672
86,822
-
86,822
304,392
391,214		 2022
Total
funds
£
1,056
571,211
572,267
555,537
555,537
16,730
-
16,730
287,662
304,392

All incoming resources and resources expended derive from continuing activities.

11

LS14 Trust

Balance sheet

as at 31 March 2023
2023
Unrestricted
£
Fixed assets
Tangible assets
(5)
25,245
Total fixed assets
25,245
Current assets
Debtors and prepayments
(6)
13,967
Cash at bank and in hand
(7)
132,962
Total current assets
146,929
Current liabilities:
amounts falling due within one year
Creditors and accruals
(8)
8,991
Total current liabilities
8,991
Net current assets / (liabilities)
137,938
Total assets less current liabilities
163,183
Creditors: amounts falling due after one year
(9)
12,500
Net assets
150,683
Funds
Unrestricted funds
General unrestricted funds
127,146
Designated funds
(10)
23,537
Unrestricted funds
150,683
Restricted funds
-
Total funds
150,683		 2023
Restricted
£
-
-
89,340
154,109
243,449
2,918
2,918
240,531
240,531
-
240,531
-
-
-
240,531
240,531		 2023
Total
£
25,245
25,245
103,307
287,071
390,378
11,909
11,909
378,469
403,714
12,500
391,214
127,146
23,537
150,683
240,531
391,214		 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

For the year ending 31 March 2023 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 are 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 30/10/2023

Tim Jones (Trustee)

12

LS14 Trust

Statement of cash flows

for the year ended 31 March 2023

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Purchase of tangible fixed assets (excluding donated assets)
Net cash provided by (used in) investing activities
Cash flows from financing activities:
Repayments on 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		 2023
£
29,296
(18,626)
(18,626)
(5,506)
(5,506)
5,164
281,907
287,071
2023
£
86,822
7,651
-
506
(59,563)
(6,120)
29,296
2023
£
-
287,071
287,071		 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

13

LS14 Trust

Notes to the accounts

for the year ended 31 March 2023

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, if 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.

Grants payable without performance conditions

Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised.

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.

14

LS14 Trust

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies

Tangible fixed assets

Tangible fixed assets are capitalised at cost 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 Building improvements: over 10 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.

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.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

15

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

2 Charitable activities income
2023
Unrestricted
funds
£
Contract income
BARCA Leeds
25,000
Touchstone Leeds Ltd
20,000
-
Grants for charitable activities
-
Ancient Parish of Barwick in Elmet Trust
-
ChangeX
-
Clarion Futures
-
Enterprise Holdings Foundation
-
Fall Into Place (FIP)
-
Hubbub Foundation
-
Imagine Foundation
42,500
Leeds Christian Community Trust (LCCT)
-
Leeds City Council (LCC)
-
Leeds Community Foundation (LCF)
-
National Garden Scheme
-
National Lottery Community Fund (NCLF)
-
NHS West Yorkshire ICB
-
Seacroft Gala Committee
-
Seacroft Primary Care Network
11,574
Street Games UK
-
Together 4 Peace (T4P)
-
Voluntary Action Leeds (VAL)
-
Wates Family Enterprise Trust
-
West Yorkshire Combined Authority (WYCA)
-
Warburtons
-
Yorkshire Sport
-
European Regional Development Fund (ERDF)
-
HMRC Job Retention Scheme (CJRS)
-
Other small grants
800
Apprenticeship incentive
2,500
Sales and Fees
71,966
174,340		 2023
Restricted
funds
£
-
-
1,655
1,400
14,000
5,000
2,598
1,500
-
9,000
162,347
64,762
1,880
46,895
49,792
2,225
-
25,796
40,930
23,000
5,000
30,000
-
-
8,783
-
-
-
-
496,563		 2023
Total
funds
£
25,000
20,000
1,655
1,400
14,000
5,000
2,598
1,500
42,500
9,000
162,347
64,762
1,880
46,895
49,792
2,225
11,574
25,796
40,930
23,000
5,000
30,000
-
-
8,783
-
800
2,500
71,966
670,903		 2022
Total
funds
£
-
20,000
-
-
-
-
24,000
-
-
-
127,602
205,150
-
44,895
-
-
-
500
19,545
2,000
-
-
3,000
9,250
15,887
2,600
249
2,000
94,533
571,211

16

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

3a Support costs
Support cost type
Phone and broadband
Administration costs
Independent examination
Bank charges
Payroll fees
Management and admin salaries
Financial management support
Human resources
Memberships and subscriptions
3b Charitable activities expenditure detail
Salaries, NI and pensions
(3c)
Payroll fees
Phone and broadband
Travelling
Training and conferences
Licences and insurance
Other project delivery costs
Staff and volunteer expenses
Administration costs
Memberships and subscriptions
Freelance workers
Independent examination
Bank charges
Motor expenses
Depreciation
Premises costs
Loan interest
Repayment of underspent grants
3c Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 Charitable
activity
£
1,668
2,742
-
-
-
-
-
-
3,018
7,428
2023
Unrestricted
funds
£
75,837
816
1,509
847
10,885
2,910
37,768
585
2,269
1,496
1,556
2,142
404
95
7,651
4,156
506
-
151,432		 Governance
activity
£
-
-
2,142
430
2,720
58,632
18,842
992
-
83,758
2023
Restricted
funds
£
257,728
1,904
159
1,330
2,948
2,782
139,140
733
473
1,522
30,807
-
26
960
-
7,928
-
1,800
450,240		 2023
Total
cost
£
1,668
2,742
2,142
430
2,720
58,632
18,842
992
3,018
91,186
2023
Total
cost
£
333,565
2,720
1,668
2,177
13,833
5,692
176,908
1,318
2,742
3,018
32,363
2,142
430
1,055
7,651
12,084
506
1,800
601,672
2023
£
308,418
21,827
(5,000)
8,320
333,565		 2022
Total
cost
£
1,369
2,737
2,040
124
2,203
26,119
14,774
778
6,209
56,353
2022
Total
cost
£
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
£
234,349
14,489
(4,000)
6,034
250,872

The average number of employees during the year was 16.1, being an average of 11.6 full time equivalent (2022: 13.8, 8.9 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2023 2022
£ £
Costs of the scheme to the charity for the year 8,320 6,034

17

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

3d Grant making

Project or activity
ERDF grant funding paid for service delivery
Project delivery
Total
4 Restricted funds
Balance b/f
£
25,878
2,000
-
-
-
47,337
-
-
239
-
804
12,500
11,220
250
-
1,022
5,236
-
-
2,500
360
-
-
-
-
-
6,938
-
-
-
-
-
4,027
5,000
4,000
-
4,000
-
-
LCF Resilience Grant
LCF Harnessing POC
LCF Healthy Holidays (HH) 2022
LCF HH 2023
LCF HH SCOT
LCF HH SCOT 2023
LCC YAF
LCC Youth Grant
LCCT Household Support Fund
LCCT Pantry
LCF Flint Family
LCC Prevent
LCC VRU
LCC Wellbeing Climate
LCC Wellbeing We Are Seacroft
LCC HAP
LCC Hub July-Dec
LCC Kentmere K'chen Pub. Health
LCC Kentmere Kitchen W'being
LCC Mice
Hubbub Foundation
LCC Community Mural
LCC C19 Local Prevention Plan
LCC ERDF
LCC H'ween and Bonfire 2022
Enterprise Holdings Foundation
Fall Into Place (FIP)
FIP Food Security
FIP Playful Spaces
Holistic Healing @
ChangeX Repair Cafe
Children and Youth Fund
WYCA Cycle Hubs Active Travel
Clarion Futures
Crafty Cuppa
LCC ABCD
LCC ABCD Catalyst
LCC ABCD Catalyst Training
Barwick in Elmet Trust		 2023
Grants to
institutions
£
7,923
9,500
17,423
Incoming
£
25,000
15,000
10,000
1,655
1,400
-
30,000
14,000
-
5,000
-
2,598
-
-
1,500
-
-
8,783
1,000
-
-
4,500
4,500
150
17,995
11,622
-
33,000
20,000
19,580
5,000
4,000
-
9,000
17,000
3,620
17,000
3,142
15,000		 2022
Grants to
institutions
£
14,867
13,290
28,157
Outgoing
£
23,302
17,000
8,385
1,638
-
693
-
-
-
5,000
804
15,098
868
250
1,500
1,022
5,236
8,783
1,000
2,500
360
4,500
4,500
150
17,995
11,472
88
33,000
19,489
19,580
5,000
4,000
4,027
14,000
21,000
781
21,000
-
15,000		 2023
Grants to
individuals
£
-
-
-
Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(150)
-
-
-
-
-
-
-
-
-
-
-
-
-		 2022
Grants to
individuals
£
-
250
250
Balance c/f
£
27,576
-
1,615
17
1,400
46,644
30,000
14,000
239
-
-
-
10,352
-
-
-
-
-
-
-
-
-
-
-
-
-
6,850
-
511
-
-
-
-
-
-
2,839
-
3,142
-

continued overleaf

18

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

4 Restricted funds continued

Wates
Yorkshire Sport OIL
T4P Seacroft
Vaccine Programme
VAL ABCD
VAL Food Response
VAL Household Support Fund
VAL Warm Spaces Grant
Seacroft Gala Jubilee
Seacroft Social
Street Games #NextGen
Street Games Together Fund
Street Games Youth Justice
T4P Garforth
National Garden Scheme
NHS Health Inequalities Com'ty
People's Learning Lab		 Balance b/f
£
-
-
33,550
-
550
-
-
-
2,980
3,058
7,055
3,104
2,000
-
-
-
9,250
194,858		 Incoming
£
1,880
49,792
46,895
2,225
-
5,000
800
19,996
20,465
20,465
-
-
-
21,500
1,500
5,000
-
496,563		 Outgoing
£
1,486
6,708
51,596
1,974
-
5,000
148
18,755
15,578
16,345
7,055
2,405
2,000
21,500
1,500
4,155
5,014
450,240		 Transfers
£
-
-
(500)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(650)		 Balance c/f
£
394
43,084
28,349
251
550
-
652
1,241
7,867
7,178
-
699
-
-
-
845
4,236
240,531

Fund name Purpose of restriction LCC ABCD

Funding from LCC Adult Social Care to deliver asset based community development in Seacroft

LCC ABCD Catalyst

To provide Asset Based Community Development (ABCD) training

LCC ABCD Catalyst Training Barwick in Elmet Trust ChangeX Repair Cafe Children and Youth Fund WYCA Cycle Hubs Active Travel Clarion Futures Crafty Cuppa Enterprise Holdings Foundation Fall Into Place (FIP) FIP Food Security FIP Playful Spaces Holistic Healing @ Hubbub Foundation LCC Community Mural LCC C19 Local Prevention Plan LCC ERDF LCC H'ween and Bonfire 2022 LCC HAP LCC Hub July-Dec LCC Kentmere K'chen Pub. Health LCC Kentmere Kitchen W'being LCC Mice LCC Prevent

To provide Asset Based Community Development (ABCD) training For specific community support to individuals

To support the start and development of the Repair Café in Garforth To support the development of the youth project and kentmere kitchen Funding for a Cycle Hub in LS14

Funding for a Playbox Worker for Killingbeck and Seacroft Funding from Touchstone for the Crafty Cuppa project Funding to go towards program support Funding for Youth and Families development Manager

To fund food projects that develop food security in the Seacroft area To fund the development of play opportunities and spaces in the local area

Funding from LCC for Holistic Healing project

Flavourists Fund to support the running of six cookery classes Funding towards the Community Mural Project Funding towards Covid-19 response

Funding for Energising Enterprise through Self-Reliant Groups project To provide Bonfire and Halloween activities

Project funding for Tackling Knife Crime and Toxic Masculinity LCC Third Sector COVID-19 Hub Network grant funding

Grant for Seacroft Slow Cookers Programme Grant for Seacroft Slow Cookers Programme For the Seacroft Forest Garden

We are Seacroft Prevent training programme, developing harmonious communities

LCC VRU

Funding to work with young people who are engaged in criminal behaviour or at risk of CCE.

19

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

4 Restricted funds continued Fund name

LCC Wellbeing Climate LCC Wellbeing We Are Seacroft LCC YAF LCC Youth Grant

LCCT Household Support Fund LCCT Pantry LCF Flint Family LCF Harnessing POC LCF Healthy Holidays (HH) 2022 LCF HH 2023 LCF HH SCOT LCF HH SCOT 2023 LCF Resilience Grant

National Garden Scheme NHS Health Inequalities Com'ty People's Learning Lab Seacroft Gala Jubilee Seacroft Social Street Games #NextGen Street Games Together Fund Street Games Youth Justice T4P Garforth

T4P Seacroft

Vaccine Programme VAL ABCD VAL Food Response VAL Household Support Fund VAL Warm Spaces Grant Wates Yorkshire Sport OIL

Purpose of restriction

To fund climate change training programme for people in the Seacroft area To support the work of the We are Seacroft organisations To support youth work in the We are Seacroft organisations Commissioned Youth Work in Seacroft/LS14

Towards the cost of the Pantry, food and community support To support the Seacroft Pantry

Funding towards youth leadership through sport and activities For the development of a city wide third sector provision database Funding towards Healthy Holidays programme and activities Funding towards Healthy Holidays programme and activities Funding towards Healthy Holidays programme and activities Funding towards Healthy Holidays programme and activities Funding towards the running of LS14 Trust and it's strategic development and organisational resilience

To support the creation of the Seacroft Forest Garden To support the Kentmere Kitchen and Space2 projects Funding for the Seacroft People's Learning Lab Project For Jubilee and summer events

Funding from Touchstone for the Seacroft Social Project To support the #NextGen Youth leadership project To support young people's sports work

To support youth project working with vulnerable young people

To fund projects and activities in neighbourhoods in Leeds to work towards achieving net zero carbon by 2030 As above

To support for COVID-19 community vaccine clinics in Seacroft Funding towards Test and Learn ABCD Pilot

To support the work of LS14 Trust's community food response Household Support Fund Grant for We are Seacroft to give emergency To support community warm spaces in the area Towards the Pantry For cycle development project

Tangible assets
Cost
At 1 April 2022
Additions
At 31 March 2023
Depreciation
At 1 April 2022
Charge for year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022		 £
-
14,985
14,985
-
1,499
1,499
13,486
-
Buuilding
improvemen
t		 £
5,454
765
6,219
1,848
1,244
3,092
3,127
3,606
Computer
Equipment		 £
7,500
-
7,500
3,000
1,500
4,500
3,000
4,500
Motor
vehicles		 £
27,644
2,876
30,520
21,480
3,408
24,888
5,632
6,164
Project
equipment		 Total
£
40,598
18,626
59,224
26,328
7,651
33,979
25,245
14,270

5 Tangible assets

20

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

6 Debtors and prepayments
Debtors
Prepayments
Accrued income
Other debtors
7 Cash at bank and in hand
Cash at bank
Cash in hand
8 Creditors and accruals
Accruals for grants payable
Bank loans and overdrafts
Creditors
Accruals
9 Creditors: amounts falling due after one year
Bank loans
10 Designated funds
Balance b/f
Incoming
£
£
Children & Youth Project
23,537
-
23,537
-		 Outgoing
£
-
-		 2023
£
10,235
2,508
88,364
2,200
103,307
2023
£
287,071
-
287,071
2023
£
-
5,000
3,987
2,922
11,909
2023
£
12,500
12,500
Transfers
£
-
-		 2022
£
10,501
3,059
30,184
-
43,744
2022
£
281,906
1
281,907
2022
£
4,035
5,000
6,954
2,040
18,029
2022
£
17,500
17,500
Balance c/f
£
23,537
23,537

Fund name

Children & Youth Project

Reason for designation

Towards running costs for a new youth project and community kitchen project. The leasing of the new building and project expense for the oil project has been significantly delayed due to delays in the council.

21

LS14 Trust

Notes to the accounts continued

for the year ended 31 March 2023

11 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 £90,176 (previous year: £82,394).

22

LS14 Trust

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023

2023
2022
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations
17,591
1,056
Charitable activities
174,340
84,932
Total income
191,931
85,988
Expenditure
Charitable activities
151,432
74,475
Total expenditure
151,432
74,475
Net income / (expenditure)
40,499
11,513
Transfers between funds
650
4,000
Fund balances brought forward
109,534
94,021
Fund balances carried forward
150,683
109,534		 2023
Restricted
funds
£
-
496,563
496,563
450,240
450,240
46,323
(650)
194,858
240,531		 2022
Restricted
funds
£
486,279
486,279
481,062
481,062
5,217
(4,000)
193,641
194,858		 2023
Total
funds
£
17,591
670,903
688,494
601,672
601,672
86,822
-
304,392
391,214		 2022
Total
funds
£
1,056
571,211
572,267
555,537
555,537
16,730
-
287,662
304,392

23