2021-06-30-accounts - Thanet Lions Club(cio)

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Charity Registration No . 2 1172641

Thanet Lions Club A Charitable Incorporated Organisation TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR

Thanet Lions Club A Charitable Incorporated Organisation LEGAL AND ADMINISTRATIVE INFORMATION

Trustees S Griggs J Prebble R Prebble S Carley P Robinson M Hamilton C Lawson Secretary to the Trustees R Prebble Charity Number 1172641 Principal Address 1 Kingsgate Court 99 Kingsgate Avenue Broadstairs CT10 3L

Independent Examiner

M Warn 14 Winkle Close Hampton Herne Bay CT6 8FJ

Bankers 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ

CAF Bank Ltd

Thanet Lions Club

A Charitable Incorporated Organisation CONTENTS

	Page
Trustees' Report	1 - 3
Independent Examiner's Report		4
Statement of financial activities for the year		5
Balance Sheet		6
Notes to the f~~inancial statements~~	~~7 - 11~~

History, objectives and activities of the Trust

The Club is a member of the International Association of Lions Clubs, and was established as a Charitable Incorporated Organisation (CIO) on 17t

Thanet Lions Club was formed in 1967; its purpose is through service and financial support to provide help for those in need. Fundraisi n financial support and as a consequence most of the funds raised are spent locally. However the Club does support Lions Charities in the UK and

Throughout the year, the Trustees have paid regard to the Charity Commission's guidance on public benefit in dealing with the objectives

The Club relies on the surpluses made on fundraising events, grants from various bodies, and on occasional donations from its members a

which to carry out its objectives. All administrative expenses of the Club are met from subscriptions paid by its members. There has been no ch The work of the CIO is carried out entirely by volunteers.

From time to time as appropriate, the Club works closely with other local and national agencies, with other Lions Clubs, and with Lions Club Management and governance arrangements

The Club is governed by its CIO document dated …12th April 2017…, and by the Constitutions and By-Laws of Lions Clubs International, as revise

The Trustees are appointed from time to time as appropriate by the members of the Club, and have overall responsibility to ensure that the Cl law and the Club's CIO document. The day-to-day running of the Club is overseen by the Trustees, and which forms and governs such co effective running of the Club. All business of the Club is ratified by the members in general meetings, which meetings are held at least on

The Club is ably supported by the volunteer services of its members and others.

Trustees

Details of the Trustees who have served throughout the year are set out under legal and administrative information at the front of these accoun

Financial review, investment policy, reserves and risk

Thanet Lions Club CIO has had a challenging but overall successful year . We changed our fundraising approach to Raffled baskets at Easter and C £2791 in General Fundraising,and £942 Restricted funds for our Hampers project . We utilised the remaining National Lottery Community Grant materials. We also obtained grants from Co-op and Tesco to help Covid Family relief and Christmas Hampers. Along with other smaller donation (£28629 2019-20). Charitable grants made by the CIO in support of its objectives this year have totalled £15215 (£25172 2019-20).

We were forced to move our Boot fairs from our regular venue and are grateful to Northdown School for allowing us to use their field, but with wea ther we were rained off in the early summer so no funds generated in this year. We are back at our old location this next year and pray for better weather. The cost of fundraising of £1910 (15% of gross fundraising income), but in part this was because some of the events where costs are usually incu rred cancelled due to Covid.

As always Thanet Lions through careful management ensured that Grants were fully assessed and made in line with our Governing document. Re se stated policy. It is the policy of the Club to maintain sufficient unrestricted funds to the extent that they are expected to be required within the foreseeable future

The adequacy of the reserves policy is reviewed periodically.

The Trustees have considered the major risks to which the Club is exposed to satisfy themselves that systems are in - 1 -

Community Service Activities

Thanet Lions have been involved in a number of Community service activities this year, the following are the main events; 1) Promotion of sight continues as a major sevice activity with over 5000 pairs being sent for assessment and grading and onward transfer to India,Sri Lanka,South Am

safety of the elderly and infirm through our Message in a Bottle Scheme and given away over 1500 bottles in the year, in addition Thanet L ions protect the elderly and vulnerable when they are out of the house. 3) Thanet Lions also provided over 250 food vouchers for needy families in Than Grants from Co-op and Tesco Community Grant schemes . 6).Our most notable achievement in the second half of 2020-21 year from January to Covid Vaccination programme. We have contributed over 600 hours of volunteer service at Doctors Surgeries and the Saga Vaccination Centre.

Fundraising Events

Fund raising this year has been achieved via Christmas and Easter Raffle baskets provided to Care homes in a controlled environment , and a

been able to do them.

Future Plans and Outlook

Thanet Lions has been reviewing what is possible with meeting and fundraising restrictions, and all club meetings moved to Zoom. We keep fundraising cost to the minimum possible and as always our events are run by unpaid volunteers.

We are constantly on the lookout for more volunteers to maintain our active programme of events. We are looking a volunteer recruitment events in the next year and as always hoping that our various service activities attract community minded

Statement of trustees' responsibilities

Charity law requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of th period.

In preparing the financial statements the Trustees are required to:

Select suitable accounting policies and then apply them consistently;
Make sound judgements and estimates that are reasonable and prudent;
[State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures di]
statements; and
[Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will]
continue in business.

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial positio n that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and for taking detection of

fraud or other irregularities.

Independent Examiner

The Trustees intend to ask the existing independent examiner to undertake the independent examination of the Trust in the following year.

Approved by the Trustees on 17/1/2022 and signed on their behalf. Trustee's Name

TO THE TRUSTEES OF Thanet Lions Club CIO

I report on the accounts of the Thanet Lions Club for the year ended 30 June 2021, which are set out on pages 5 t

The Club was established as a Charitable Incorporated Organisation on the 17th April 2017

The Club's trustees consider that an audit is not required for this year (under section 144 of the Charities Act constitution, an independent examination is needed.

It is my responsibility to:

examine the accounts (under section 145 of the Act);
[to follow the procedures laid down in the General Directions given by the Charity Commission (under s]
to state whether particular matters have come to my attention.
Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commiss review of the accounting records kept by the charity and a comparison of the accounts presented with those consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and co audit opinion on the view given by the accounts.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the trustees have not met

(1)

●proper accounting records are kept (in accordance with section 130 of the 2011 Act); and
●accounts are prepared which agree with the accounting records and comply with the accounting re to which, in my opinion, attentiquirements ion
●on should be drawn in order to enable a proper understanding of the a ccounts.

(2)

Examiners Name

Maureen Warn

14 Winkle Close Hampton Herne Bay CT6 8FJ

Date...................................................

A Charitable Incorporated Organisation STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021

Unrestricted funds Notes £ INCOMING RESOURCE From generated funds:- Voluntary income: Grants and donations 2-3 756 250 Club Donation to Charity Account IAKO Fundraising events 2-6 2,791 Investment income GiftAid claimable - 3,547 From Admin activities:- Members' contributions GiftAid claimable - Other Member income i.e Charter, Tail Twister 250 Club Income 1,112 TOTAL INCOMING RESOURCES 4,659 RESOURCES EXPENDED Cost of generating funds: Fundraising events 3-7 1,063 IAKO 3-7 Charitable activities Donations and grants 3-8 3,100 Admin Activities 250 Club 3-8 644 Members' activities i.e Charter 3-8 Club Subscriptions Other Administration costs 3-9 TOTAL RESOURCES EXPENDED 4,807 Net (outgoing)/incoming resources before transfers (158) Transfers between funds 5-15 942 NET MOVEMENT IN FUNDS 784 Opening Balances 1/7/2020 6,687 FUND BALANCES AT 30 JUNE 2021 5-15 7,471	Restricted funds £ 5,333 323 942 -	Total 2021 £ 6,089 - 323 3,733 - -
3,547 - 1,112	6,598 - - -	10,145 1,832 - - 0 1,112
4,659	6,598	13,089
1,063 3,100 644	104 0 7,954 - - -	1,167 0 0 11,054 0 644 0 1,435 915
4,807	8,058	15,215
	-1,460 -	-2,126 -
784 6,687	-1,460 4770 -	-1,599 14,801
	3,310	13,202

A Charitable Incorporated Organisation BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2021

Notes FIXED ASSETS Tangible assets 4-11 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 4-12 CREDITORS: amounts falling due within one year 4-13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: amounts falling due after more than one year 4-14 TOTAL NET ASSETS ACCUMULATED FUNDS Unrestricted funds 5-16 Restricted funds 5-16 Admin fund 5-16	£ - 14,801 14,801 -	2019/20 £ 31,389 14,801 46,190 - 46,190 6,687 4,770 3,344 14,801	£ - 13,202
			13,202 -

The notes attached form part of these accounts

The accounts were approved by the Trustees on

and signed on their behalf.

…………………………..

Trustee's Name Trustee Philip Alan Robinson

1 Accounting policies

Thanet Lions Club is a Charitable Incorporated Organisation registered with the Charity Commission in England and Wa registered office is at Flat 1, 99 Kingsgate avenue, Broadstairs Kent CT10 3LH .

a) Basis of preparation

The financial statements are prepared under the historical cost convention, and in accordance with applicabl e FRS102: "The Financial Reporting Standard applicable in the UK and Republic of Ireland"), the Charities SO Reporting by Charities) and the Charities Act 2011.

These financial statements are prepared in GBP Sterling, rounded to the nearest pound, which is the functional cu

and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in these notes

Thanet Lions Club meets the definition of a public benefit entity under FRS102. The Trustees consider that th about the Lions Club's ability to continue as a going concern.

b) Incoming resources

Voluntary income, including donations, gifts, legacies and grants, are recognised where there is entitlement and can be measured with sufficient reliability. Such income is only deferred when:

The donor specifies that the grant or donation must only be used in future accounting periods: or

●

The donor has imposed conditions which must be met before the charity has unconditional entitlement.

Fundraising income and members' contributions are recognised when they fall due. Investment income and GiftAid a c) Volunteers and donated services and facilities

The value of services provided by volunteers is not incorporated into these financial statements. Further contribution made by volunteers can be found in the trustees' annual report. Where services are provided to the normally be purchased from a third party, this contribution is recognised in the financial

d) Resources expended

Expenditure is recognised when a liability is incurred.

Costs of generating funds are those incurred in running fundraising events and in attracting voluntary
[Charitable activities include expenditure made in furthering the objectives of the Club, and in promoting]
Governance costs include those incurred in the governance of the charity and its assets and
associated with constitutional and charity law requirements.

income.

e) Tangible fixed assets

Assets costing £100 or more are capitalised at cost.

Tangible assets are stated at cost less depreciation. Depreciation is provided on all assets at rates calculat assets over its expected useful life as follows:-

Fundraising equipment 20% straight line

Other equipment 15% straight line

f) Stocks

Stock is valued at the lower of cost and net realisable value.

g) Cash at bank and in hand

Included within cash at bank and in hand are deposit balances of £13202 (2019-20: £14801), the terms of which are follows:- £10781 Charity Funds, including Unrestricted Funds,£6063, which included £1408 250 Club Funds, designa Admin. For 2020-21 250 Club funds are shown under the Charity funds rather than Admin funds.

h) Foreign Currency Transactions

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the statement of financial activities.

2 Taxation

The Club is a Charitable Incorporated Organisation registered with the Chariy Commission in England and Wales. The on its income and gains where they are applied for charitable purposes. The Club is registered for

3 Voluntary income Donations_General Donation From 250 Club 4 Activities forgenerating funds N/ A 5 Investment Income Interest receivable 6 Income from charitable activities _Easter and Xmas Baskets Tin Shakes and Advert event Other		Unrestricte funds £ 756 - - 756 Unrestricted funds £ - Unrestricted funds £ 4 Unrestricted funds £ 2,070 925 2,809 5,804	Restricted funds £ - - - Restricted funds £ - Restricted funds £ - Restricted funds £ 457 - 457	Admin fun £ d - - Admin fund £ - - - Admin fund £ - Admin fund £ - - - - -		756 Tot 2021
						al


						6,261

With our normal Boot Fairs and Quiz nights not possible due to Covid restrictions we moved to Easter and Xmas Baskets

7Cost of generating funds Baskets Bank Fee Charge Other events 8Charitable Activities Donations and grants - organisations LCIF Hunger / Disaster Grants / Libra Youth Donation Drapers Mills School Donations and grants - individuals Local People in Need Youth Projects Other Individual Grants Members' activities Lions Clubs International dues Charter Costs No Charter 2021 9Governance costs Secretary/Pres Exp Bank Fee Charge	Unrestricted funds £ 638 73 625	Restricted funds £ 104 104 Restricted funds £ - - 0 0 3,595 - 3,595 - - - - - - Restricted funds £ - - -	Admin fund £
	1,336		-
	Unrestricted funds £ 675		Admin fund £ - - -
	675		-
	1,144 525 2,207		- - -
	3,876		-
	1832 -		- - - - -
	1,832		-
	Unrestricted funds £ - 78		Admin fund £ 0 -
	78		0

10 Employee and Trustees' expenses

There were no employees during the year (2020-21) year.

None of the Trustees was paid any remuneration or expenses by the charity during the year (2020: none) in their President did not claim any expenses in the year.

11 12 13 14	Tangible fixed assets Cost Existing Equipment New Equipment Property owned Disposals Book value; At 30 June 2020 32000 Depreciation 0 Charge for the year 20% on new Equip Disposals None At 30 June 2020 Net book value At 30 June 2020 Debtors GiftAid claimable None in Year Prepayments and accrued income None as at 30/6/18 Creditors: amounts falling due within one year Sundry creditors None Accruals None Creditors: amounts falling due after more than one year Analyse as appropriate None	Fundraising equipment equipm £ £ 6000 1,000 25,000 - - - 200 - 200 31,800 20 20 20	Fundraising equipment equipm £ £ 6000 1,000 25,000 - - - 200 - 200 31,800 20 20 20
		200

		31,800
			20
			20
			20

The 250 club opening balance of £942 has been trasferred from Admin funds to Charity funds in the accounts as this better relects

Balances Carried forward
IAKO	£500
Community	£2,088
Grant
Hamper Funds	£671

16 Analysis of net assets between funds

Fund balances at 30 June 2020 are represented by:-

Fund balances at 30 June 2020 are represented by:-
Tangible fixed assets Current assets Bank Creditors: amount falling due within one year Creditors: amounts falling due after more than one year Total	Unrestricted funds £ - 13,202 - -	Restricted funds £ - - -	Admin fund £ - - - - -	1
	13,202	-		1

17 Transition to FRS102

The policies applied under the Club's previous accounting framework are not materially different from those applicable under FRS102 and the applicati either net assets or income and expenditure.

11 -

I ENDED 30 JUNE 2021

7th April 2017.

ing, primarily in the Thanet area, provides the nd overseas.

s and activities of the Club. and the public, to provide the funds with change in these policies during the year.

ubs International to achieve its objectives.

ed from time to time.

Club operates in accordance with Charity committees as it deems appropriate for the nce per month..

nts.

Christmas. We were successful in raising t to replenish our advertising and marketing ons generated a Total income of £13089.

ather and this smaller location the Boot fairs

curred did not run this year after being

eserves have been maintained in line with our

able future to meet the objectives of the Club.

place to mitigate those risks.

related issues via Spectacle recycling. This merica,and Africa. 2) The club has promoted Lions Message in a wallet scheme helps to anet this year , which was partly funded from o June 2021 has been service support for the e. Truly living up to our slogan of 'We Serve"

a small profit from Tin Shakes when we have

are always seeking to review our costs of ble grant opportunities and focus our attentions

at a number of

d people to come and join us.

e charity and of its financial activities for that

isclosed and explained in the financial

on of the charity and to enable them to ensure g reasonable steps for the prevention and

to 11.

2011 (the Act)) and that, by its

section 145(5)(b) of the Act); and

sioners. An examination includes a records. It also includes s trustees concerning any such onsequently I do not express an

the requirements to ensure that:

requirements of the Act; or accounts to be reached.

Total 2020 £

13,151 300 11,420

24,871 1,996
681 1,082 28,629

1,910 373 19,430 880 1,888 691 25,172

3,458 - (3,735)

2020-21 £

31,389

13,202

44,591

44,591 7,471

3310 2,421

13,202

Wales (number 1172641). The

le accounting standards (including ORP (FRS102) 2015 (Accounting and

urrency of the Lions Club. Assets es.

here are no material uncertainties

certainty of receipt, and the amount

are recognised on a receivable basis.

details of the invaluable

e Club as a donation that would

income.

ng nd are primarily

ted to write off the cost of the

e as ated Charity Funds £3310 and £2421

ruling at the balanc8 sh88t dat8.

herefore, it is exempt from taxation

Total 2021 £ 756 - 6 Total 2021 £ - - - - Total 2021 £ 4	Total 2020 1992 -
	1,992
	Total 2020 £ - - -
	-
	Total 2020 £ 3

Total 2021 £ 2,527 925 2,809 261	Total 2020 £ 3,564 1,378 6478
	11,420

as Baskets in Residential Homes

Total 2021 £ 638 73 729 1,440 Total 2021 £ - 675 0 675 4,739 525 2,207 7,471 1832 - - - 1,832 Total 2021 £ 0 78 78	Total 2020 £ 70 551 1,662
	2,283
	Total 2020 £ - 500 1,745
	2,245
	6,944 936 2,207
	10,087
	1887 -
	1,887
	Total 2020 £ 691 60
	751

capacity as Trustees. Club

Other Total ent

- - - - - - - - - 021 - - - 021 £ - - - 021 £ -	- 1,000 5,389 25,000 -
	31,389
	- 1,078 -
	1,078
	30,311
	30,311
	2020 £ - -
	-
	2020 £ - -
	-
	2020 £ -

its ultimate use.

Total

13,202 -
13,202

on of the new standard has not impacted on