**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
- 2 -
## **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**
- 3 -
**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|**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
-|**Admin**
**funds**
**£**
-
-
-
-
1,832
0
1,832
1,435
915
2,350
-518
-942
-1460
3,344
2,421|**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|
- 5 -
## **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
- 6 -
## **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.
- 7 -
## **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_
- 8 -
|**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.
- 9 -
|**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**|
**15**
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