## LS14 Trust
Charity number 1169716
A company limited by guarantee number 06827782
## Annual Report and Financial Statements
for the year ended 31 March 2024
LS14 Trust
Annual Report and Financial Statements for the year ended 31 March 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 8|
|Examiner's report|9|
|Statement of financial activities|10|
|Balance sheet|11|
|Statement of cash flows|12|
|Notes to the accounts|13 to 22|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## LS14 Trust
## Trustees' report for the year ended 31 March 2024
## **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**
Timothy Jones Bryan Robinson Paul Drinkwater Emiliene Eyongakpa Tabi Rachel Ainscough
## **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 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 (continued) for the year ended 31 March 2024
## **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**
Collaboration is key to the work of the LS14 Trust and partnerships within the local community are at the heart of all we do.
We also collaborate with many charities and organizations that support our mission. During the Covid-19 pandemic, we formed “We Are Seacroft,” a coalition of community organisations and residents working together to address social issues. This group has used innovative strategies, such as a refurbished ice cream van for community outreach, to engage residents and provide essential information. We also partner with Leeds City Council, local councillors, and various city-wide organisations. Additionally, we have established strong relationships with funders and are members of 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.
## **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.
3
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2024
## **The charity's main activities continued**
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.
## **Working with the community, building on strengths and assets:**
The LS14 Trust has always worked with the local community and believes that real change tends to come from the bottom-up. The Seacroft community exhibits a strong sense of pride and potential, with residents actively seeking to build upon its existing assets. There is a desire for even stronger community bonds, a vibrant community life, and increased inclusivity and diversity. Residents envision a welcoming and embracing community that celebrates people from all backgrounds and walks of life. There is a strong emphasis on fostering a safe and supportive environment where everyone feels valued and respected. The community demonstrates a proactive approach to addressing challenges and finding solutions. Residents are eager to collaborate with local authorities and organisations to improve safety, enhance communication, and promote environmental well-being. There is a wealth of innovative ideas and a willingness to take ownership of community initiatives. This active engagement and commitment to positive change are indicative of a community that is resilient, resourceful, and optimistic about its future. Our work will continue to be shaped by this community going forward.
## **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.
4
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2024
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 Clinical Commissioning Group 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**
- l We continued to work with the Asset-Based Community Development (ABCD) approach at the core of all activities.
- l We delivered ABCD training across the city and worked with Local Care Partnerships to develop an ABCD toolkit.
- l We secured further funding for the Learning Lab to build on its work and situate it in a community building going forward. The new project will be called the Seacroft Imagination station
## **Youthwork**
Our work in this area has developed considerably in the last 12 months thanks to strong leadership and a really committed youth team. These are the groups that have been developed and delivered:
- l Girls Group: Safe space for young girls to socialize, engage in activities, and discuss personal development with positive female role models.
- l Boys Group: Welcoming space for young boys to connect, engage in activities, and have open discussions with positive male role models about puberty and personal growth.
- l Sibs: Support group for siblings of children with special needs, offering understanding, attention, and special outings.
- l Youth Club: Open-access space for young people to socialize, participate in activities, and explore new interests.
- l Detached Youth Work: Youth workers engage with young people in their community, offering support and activities in an informal setting.
- l Mentoring: Personalised support for young people, providing guidance, advice, and a safe space to discuss challenges and set goals.
- l Healthy Holidays: Sports, play, and creative camp offering activities, healthy meals, and trips for young people during school breaks.
- l Playbox: Two locations providing a vibrant space for children to engage in play, explore their creativity, and participate in various activities.
## **Food Security**
- l We expanded the food pantry in response to community need, while exploring sustainable funding models and potential staff team growth.
- l We continued to develop a range of family food lessons/courses, emphasizing community outreach.
- l We worked with Chapel FM to deliver a cooking session with local asylum seekers.
5
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2024
## **We Are Seacroft**
- l We co-produced a community arts festival.
- l We further developed the collaborative training program.
- l We completed a community listening/research pilot and developed a plan to deliver this more widely in the community.
- l We built relationships with other communities nationally and internationally to share learning and offer support.
- l We developed a weekly football project with local asylum seekers.
## **Health and Wellbeing**
- l We continued to deliver art therapy through the Art Room.
- l We maintained partnerships with key local health care partners, focusing on co-training and influence capacity.
- l We worked to strengthen the voice and influence of the local community in relation to health care outcomes.
## **City-wide Impact**
- l We continued to influence and train across the third sector and health sector regarding ABCD.
- l This year has seen the CEO of LS14 Trust continue to 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,
## _**Our focus for the next 12 months will be as follows:**_
## **Core**
- l ABCD - continue to work with this approach at the core of what we do.
- l Deliver ABCD training across the city and complete an ABCD toolkit.
- l Look at developing a joined up ABCD approach with all organisations working across Seacroft.
- l This is also a key year to redevelop a sustainable and robust financial strategy for the next 5 years as key funding will finish in this period and new funding will need to be identified.
## **Youth**
- l We will continue to deliver and develop our range of youth projects.
- l We will develop our leadership capacity in the youth team
- l We will start to deliver the Imagination Station project in our new community space.
## **Food security**
- l We will continue to grow our pantry in response to community needs, and will look at pursuing a sustainable funding model for the project. We will also look at growing the staff team.
- l We will continue to develop a range of family food lessons/courses with a focus on outreach into the community.
## **We Are Seacroft**
- l We hope to secure core funding for this project to ensure sustainability and growth in this way of working.
- l We will continue to deliver a range of collaborative community events.
- l We will continue to develop a collaborative listening project which will strengthen the voice of the local community.
## **Health and Wellbeing**
- l We will continue to deliver art therapy through the Art Room.
- l We will start to deliver new community projects in collaboration with the health sector.
- l We will continue to work in partnership with key local health care partners in a co training and influence capacity.
- l We will work on strengthening the voice and influence of the local community in relation to health care outcomes in their community.
6
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2024
## **City-wide Impact**
- l We will continue to influence and train across the third sector and health sector regarding ABCD.
- l We will continue to take a lead in the development and strategic delivery of Leeds Community Anchor Network.
## **A big thank you**
We extend our deepest gratitude to our dedicated staff team and the passionate members of our community. Over the past year, we have had the privilege of supporting thousands of individuals within LS14. We also sincerely thank our generous funders for their support and encouragement, as well as the numerous organisations we have collaborated with to benefit the LS14 community.
## **Financial review**
The net expenditure for the year was £142,091, including net expenditure of £63,439 on unrestricted funds and net expenditure of £78,652 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 £65,243 and £83,434.
The charity's free reserves, excluding fixed assets, at the year end were £70,021.
This represents just over 1 month 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 £3,000 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.
7
## LS14 Trust
## Trustees' report (continued) for the year ended 31 March 2024
## **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 28/11/2024
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 2024, which are set out on pages 10 to 22.
## **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**
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
28/11/2024
## **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 2024
|Notes
2024
Unrestricted
funds
£
**Income from:**
Donations and legacies
(2)
22,377
Charitable activities
(3)
143,820
Bank interest
814
**Total income**
167,011
**Expenditure on:**
Charitable activities
(4)
230,450
**Total expenditure**
230,450
**Net income / (expenditure)**
(63,439)
**Transfers between funds**
-
**Net movement in funds**
(63,439)
**Fund balances brought forward**
150,683
**Fund balances carried forward**
(5)
87,244|2024
Restricted
funds
£
332,679
-
-
332,679
411,331
411,331
(78,652)
-
(78,652)
240,531
161,879|2024
Total
funds
£
355,056
143,820
814
499,690
641,781
641,781
(142,091)
-
(142,091)
391,214
249,123|2023
Total
funds
£
571,528
116,966
-
688,494
601,672
601,672
86,822
-
86,822
304,392
391,214|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
10
## LS14 Trust
## Balance sheet
|as at 31 March 2024
2024
Unrestricted
£
**Fixed assets**
Tangible assets
(6)
24,723
**Total fixed assets**
24,723
**Current assets**
Debtors and prepayments
(7)
24,066
Cash at bank
53,910
**Total current assets**
77,976
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
7,955
**Total current liabilities**
7,955
**Net current assets / (liabilities)**
70,021
**Total assets less current liabilities**
94,744
**Creditors: amounts falling due after one year**
(9)
7,500
**Net assets**
87,244
**Funds**
Unrestricted funds
General unrestricted funds
63,707
Designated funds
(10)
23,537
Unrestricted funds
87,244
Restricted funds
-
**Total funds**
87,244|2024
Restricted
£
-
-
51,786
144,927
196,713
34,834
34,834
161,879
161,879
-
161,879
-
-
-
161,879
161,879|2024
Total
£
24,723
24,723
75,852
198,837
274,689
42,789
42,789
231,900
256,623
7,500
249,123
63,707
23,537
87,244
161,879
249,123|2023
Total
£
25,245
25,245
103,307
287,071
390,378
11,909
11,909
378,469
403,714
12,500
391,214
150,683
-
150,683
240,531
391,214|
|---|---|---|---|
For the year ending 31 March 2024 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 28/11/2024
Timothy Jones (Trustee)
11
## LS14 Trust
## Statement of cash flows
## for the year ended 31 March 2024
|**Cash flows from operating activities:**
**Net cash provided by (used in) operating activities**
**Cash flows from investing activities:**
Bank interest
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:
Bank interest
Depreciation charges
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)|2024
£
(77,560)
814
(6,108)
(5,294)
(5,380)
(5,380)
(88,234)
287,071
198,837
2024
£
(142,091)
(814)
6,630
380
27,455
30,880
(77,560)
2024
£
198,837
198,837|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|
|---|---|---|
12
## LS14 Trust
## Notes to the accounts
## for the year ended 31 March 2024
## **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.
13
## LS14 Trust
## Notes to the accounts
## for the year ended 31 March 2024
## **1 Accounting policies continued**
## **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.
14
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Donations and legacies**
**Grants**
Ancient Parish of Barwick in Elmet Trust
ChangeX
Dept for Education apprenticeship funding
Greggs Foundation
Leeds Christian Community Trust (LCCT)
Leeds City Council (LCC)
Leeds Community Foundation (LCF)
Seacroft Primary Care Network
Street Games UK
Together 4 Peace (T4P)
Voluntary Action Leeds (VAL)
West Riding Masonic Charities Ltd
Clarion Futures
Enterprise Holdings Foundation
Fall Into Place (FIP)
Hubbub Foundation
Imagine Foundation
National Garden Scheme
National Lottery Community Fund (NCLF)
NHS West Yorkshire ICB
Seacroft Gala Committee
Seacroft Primary Care Network
Wates Family Enterprise Trust
West Yorkshire Combined Authority (WYCA)
European Regional Development Fund (ERDF)
Other small grants
Donations
**3 Charitable activities income**
**Contract income**
BARCA Leeds
Touchstone Leeds Ltd
Sales and Fees|2024
Unrestricted
funds
£
-
-
-
-
-
-
-
19,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
250
3,127
22,377
2024
Unrestricted
funds
£
26,922
56,404
60,494
143,820|2024
Restricted
funds
£
1,337
2,770
2,500
20,000
13,950
161,355
47,979
-
200
42,472
38,850
1,266
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
332,679
2024
Restricted
funds
£
-
-
-
-|2024
Total
funds
£
1,337
2,770
2,500
20,000
13,950
161,355
47,979
19,000
200
42,472
38,850
1,266
-
-
-
-
-
-
-
-
-
-
-
-
-
250
3,127
355,056
2024
Total
funds
£
26,922
56,404
60,494
143,820|2023
Total
funds
£
1,655
1,400
2,500
-
9,000
162,347
64,762
-
25,796
40,930
23,000
-
14,000
5,000
2,598
1,500
42,500
1,880
46,895
49,792
2,225
11,574
5,000
30,000
8,783
800
17,591
571,528
2023
Total
funds
£
25,000
20,000
71,966
116,966|
|---|---|---|---|---|
15
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2024
|**4aaSupport 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
**4b Charitable activities expenditure detail**
Salaries, NI and pensions
(8c)
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|Charitable
activity
£
1,592
5,169
-
-
-
-
-
-
1,688
8,449
2024
Unrestricted
funds
£
168,554
1,202
904
4,268
1,853
2,873
22,585
581
2,966
830
1,083
2,142
394
2,437
6,630
10,768
380
-
230,450|Governance
activity
£
-
-
2,142
427
3,494
63,534
24,066
1,267
-
94,930
2024
Restricted
funds
£
248,839
2,292
688
1,736
5,447
2,242
131,198
197
2,203
858
9,640
-
33
30
-
4,809
-
1,119
411,331|2024
Total
cost
£
1,592
5,169
2,142
427
3,494
63,534
24,066
1,267
1,688
103,379
2024
Total
cost
£
417,393
3,494
1,592
6,004
7,300
5,115
153,783
778
5,169
1,688
10,723
2,142
427
2,467
6,630
15,577
380
1,119
641,781|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|
|---|---|---|---|---|
16
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2024
|**4c Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions|2024
£
377,686
27,645
(5,000)
17,062
417,393|2023
£
308,418
21,827
(5,000)
8,320
333,565|
|---|---|---|
The average number of employees during the year was 19.6, being an average of 12.9 full time equivalent (2023: 16.1, 11.6 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**
Costs of the scheme to the charity for the year
**Grant making**
**Project or activity**
ERDF grant funding paid for service delivery
Project delivery
Total|2024
Grants to
institutions
£
-
7,600
7,600|2023
Grants to
institutions
£
7,923
9,500
17,423|2024
£
17,062
2024
Grants to
individuals
£
-
850
850|2023
£
8,320
2023
Grants to
individuals
£
-
-
-|
|---|---|---|---|---|
## **4d Grant making**
17
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2024
|**5 Restricted funds**
Balance b/f
£
27,576
1,615
Barwick in Elmet Trust
17
ChangeX Rein Park
-
ChangeX Repair Cafe
1,400
ChangeX Seacroft
-
Children and Youth Fund
46,644
WYCA Cycle Hubs Act. Travel
30,000
Clarion Futures
14,000
Crafty Cuppa
239
FIP Playful Spaces
10,352
Greggs Foundation
-
LCC Active Care Planning
-
LCC Active Leeds
-
LCC Get Set Leeds Local
-
LCC Halloween and Bonfire
-
LCC HAP
-
LCC Lille Trip
-
LCC Mice
-
LCC PEG
-
LCC Prevent
-
LCC VRU
-
LCC Wellbeing Climate
6,850
LCC Wellbeing Seacroft Pantry
-
LCC Wellbeing We Are Seacroft
-
LCC YAF
511
LCC Youth Grant
-
LCCT LFAN HSF
-
LCF Healthy Holidays (HH) 2023
2,839
LCF HH SCOT 2023
3,142
LCF Resilience
-
National Garden Scheme
394
NHS Health Inequal. Com'ty Gnt
43,084
People's Learning Lab
28,349
Seacroft Gala Jubilee
251
Seacroft Social
550
Street Games Together Fund
652
Street Games Youth Justice
1,241
T4P Garforth
7,867
T4P Seacroft
7,178
VAL ABCD
699
VAL/LCAN H'hold Support Fund
-
VAL/LCAN Listening Project
-
VAL Warm Spaces
-
VAL Welcome Spaces
-
Wates Family Enterprise Trust
845
West Riding Community Fund
-
Yorkshire Sport OIL
4,236
DfE Apprenticeship funding
-
240,531
LCC ABCD
LCC ABCD Training|Incoming
£
12,500
20,000
1,337
420
600
1,750
-
-
-
-
-
20,000
500
705
15,000
1,000
1,516
500
998
4,947
38,077
16,886
-
9,500
19,646
-
19,580
13,950
16,139
16,840
15,000
-
-
-
-
-
200
-
21,250
21,222
-
30,000
1,750
500
6,600
-
1,266
-
2,500
332,679|Outgoing
£
23,247
18,282
1,354
-
1,778
804
55
9,350
10,889
105
5
18,333
500
705
4,406
1,000
1,389
500
998
3,713
38,077
16,886
6,850
9,500
19,646
511
19,391
13,200
18,978
19,982
14,265
264
31,668
28,349
251
-
285
1,241
17,355
18,498
273
23,430
1,750
500
6,600
845
1,266
1,557
2,500
411,331|Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Balance c/f
£
16,829
3,333
-
420
222
946
46,589
20,650
3,111
134
10,347
1,667
-
-
10,594
-
127
-
-
1,234
-
-
-
-
-
-
189
750
-
-
735
130
11,416
-
-
550
567
-
11,762
9,902
426
6,570
-
-
-
-
-
2,679
-
161,879|
|---|---|---|---|---|
**fund purposes given overleaf**
18
LS14 Trust
Notes to the accounts continued
## for the year ended 31 March 2024
## **5 Restricted funds**
**Fund name**
LCC ABCD LCC ABCD Training Barwick in Elmet Trust ChangeX Rein Park ChangeX Repair Cafe ChangeX Seacroft
Children and Youth Fund WYCA Cycle Hubs Act. Travel Clarion Futures Crafty Cuppa FIP Playful Spaces Greggs Foundation LCC Active Care Planning LCC Active Leeds LCC Get Set Leeds Local LCC Halloween and Bonfire LCC HAP LCC Lille Trip LCC Mice
LCC PEG LCC Prevent
## **Purpose of restriction**
To deliver Asset Based Community Development (ABCD) in Seacroft/LS14 To provide Asset Based Communtity Development (ABCD) training For specific community support to individuals To develop the Rein Park environment to benefit the climate To suppport the start and development of the Repair Café in Garforth For the seacroft tree project - planting trees in the area to benefit the environment and climate 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 To fund the development of play opportunities and spaces in the local area To support the Seacroft Pantry To support the Dying Well and Projecting Grief project To fund gym course for volunteer and sports equipment To support the active travel hub project To provide activties during Bonfire and Halloween nights For We are Seacroft event equipment To support the neighbourhood twinning visit to Lille Mice grants for 'poo bags project for Eco-Friendly Garforth', cooking projects and Art Therapy room hire Play Enabling Grant to support play in communities We are Seacroft Prevent training programme, developing harmonious communities
LCC VRU To fund Violence Reduction youth group work LCC Wellbeing Climate To fund climate change training programme for people in the Seacroft area LCC Wellbeing Seacroft Pantry To support the Seacroft Pantry and Kentmere Kitchen LCC Wellbeing We Are Seacroft To support the work of the We are Seacroft organisations LCC YAF To support youth work in the We are Seacroft organisations LCC Youth Grant Commissioned Youth Work in Seacroft/LS14 LCCT LFAN HSF LFAN Household Support Fund Grant for pantry, food and community support LCF Healthy Holidays (HH) 2023 Healthy Holidays activities in school holidays LCF HH SCOT 2023 Healthy Holidays activities in school holidays at the Dennis Healey Centre LCF Resilience Funding towards the running of LS14 Trust and it's strategic development and organisational resilience National Garden Scheme To support the creation of the Seacroft Forest Garden NHS Health Inequal. Com'ty Gnt To support the Kentmere Kitchen and Space2 projects People's Learning Lab Funding for the Seacroft People's Learning Lab Project Seacroft Gala Jubilee For Jubilee and summer events Seacroft Social Funding from Touchstone for the Seacroft Social Project Street Games Together Fund To support young people's sports work Street Games Youth Justice To support youth project working with vulnerable young people T4P Garforth For Climate Hubs in Garforth T4P Seacroft For Climate Hubs in Seacroft VAL ABCD Funding towards Test and Learn ABCD Pilot VAL/LCAN H'hold Support Fund Household Support Fund Grant for pantry, food and community support VAL/LCAN Listening Project To fund the LCAN listening Project Pilot VAL Warm Spaces To support warm spaces in Seacroft/LS14 VAL Welcome Spaces To support and co-ordinate welcome spaces in Seacroft/LS14 Wates Family Enterprise Trust Towards the Pantry West Riding Community Fund Grant to go towards laptops and printer for a local community group Yorkshire Sport OIL For cycle development project DfE Apprenticeship funding To cover the costs of apprenticeship training
19
## LS14 Trust
## Notes to the accounts continued
## for the year ended 31 March 2024
|**6 **
**7 **
**8 **
**9 **
**10 **|**Tangible assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**Debtors and prepayments**
Debtors
Prepayments
Accrued income
Other debtors
**Creditors and accruals**
Bank loans and overdrafts
Creditors
Accruals
Grants received in advance
**Creditors: amounts falling**
Bank loans
**Designated funds**
Children & Youth Project|£
£
14,985
6,219
-
2,366
14,985
8,585
1,499
3,092
1,499
1,717
2,998
4,809
11,987
3,776
13,486
3,127
**due after one year**
Balance b/f
Incoming
£
£
23,537
-
23,537
-
Computer
Equipment
Building
improvement|£
7,500
-
7,500
4,500
1,500
6,000
1,500
3,000
Outgoing
£
-
-
Motor
vehicles|£
30,520
3,742
34,262
24,888
1,914
26,802
7,460
5,632
2024
£
11,362
1,807
61,683
1,000
75,852
2024
£
5,000
524
2,803
34,462
42,789
2024
£
7,500
7,500
Transfers
£
-
-
Project
equipment|Total
£
59,224
6,108
65,332
33,979
6,630
40,609
24,723
25,245
2023
£
10,235
2,508
88,364
2,200
103,307
2023
£
5,000
3,987
2,922
-
11,909
2023
£
12,500
12,500
Balance c/f
£
23,537
23,537|
|---|---|---|---|---|---|
## **Fund name Reason for designation**
Children & Youth Project Towards running costs for a new youth project and community kitchen project.
20
## LS14 Trust
## Notes to the accounts continued
for the year ended 31 March 2024
## **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 £96,538 (previous year: £90,176).
21
## LS14 Trust
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
|2024
2023
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Donations and legacies
22,377
74,965
Charitable activities
143,820
116,966
Bank interest
814
-
**Total income**
167,011
191,931
**Expenditure**
Charitable activities
230,450
151,432
**Total expenditure**
230,450
151,432
**Net income / (expenditure)**
(63,439)
40,499
**Transfers between funds**
-
650
**Net movement in funds**
(63,439)
41,149
**Fund balances brought forward**
150,683
109,534
**Fund balances carried forward**
87,244
150,683|2024
Restricted
funds
£
332,679
-
-
332,679
411,331
411,331
(78,652)
-
(78,652)
240,531
161,879|2023
Restricted
funds
£
496,563
-
-
496,563
450,240
450,240
46,323
(650)
45,673
194,858
240,531|2024
Total
funds
£
355,056
143,820
814
499,690
641,781
641,781
(142,091)
-
(142,091)
391,214
249,123|2023
Total
funds
£
571,528
116,966
-
688,494
601,672
601,672
86,822
-
86,822
304,392
391,214|
|---|---|---|---|---|
22