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2021-03-31-accounts

REGISTERED CHARITY NUMBER: 1179420

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

Martyn Lewis Chartered Accountants

1 Brewery House Brook Street Wivenhoe Essex C07 9DS

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 11
Detailed Statement of Financial Activities 12

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

REPORT OF THE TRUSTEES for the Year Ended 31 March 2021

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

In the year ended 31 March 2021, LEGS activities were as follows:

1. Activities undertaken to support the development of the CIO:

i. The five-year strategic plan 2021-2026 was finalised and a summary version made available on the LEGS website. ii. The process of identification and recruitment of additional trustees continued from the previous year with one trustee being recruited and identification of a number of other potential candidates.

iii. The Trustees met at regular intervals to discuss the development and management of the organisation, LEGS projects, funding options and implementation of the LEGS strategy.

iv. The Terms of Reference for the LEGS Advisory Group (previously called the LEGS Advisory Committee) were reviewed.

v. Roles and responsibilities, including statutory actions, for the Trustees, the Advisory Group and the Secretariat were drawn up in one table to ensure there is clarity.

vi. Organisation policies were reviewed and updated as necessary.

2. Continued coordination and technical support to the global LEGS process

The following key activities were undertaken by the LEGS Secretariat (coordination, technical support, administrative and financial support):

i. The LEGS Coordinator supported the Advisory Group to the Trustees, made up of individuals from the following organisations: FAO, ICRC, Sphere India, Tufts University and the Overseas Development Institute. The Group met in May 2020, July 2020, October 2020 and January 2021 by skype. Discussions focused on future funding opportunities for LEGS and contingency planning, and strategic overviews of current and planned activities.

ii. LEGS continued to implement the USAID/OFDA funded project, titled Institutionalising Learning into the LEGS Handbook and Training Programme, which began in October 2019 and ends in June 2021. Under this grant, the key activities have been the production of 8 briefing papers on current issues (including Covid-19) with associated webinars; the production of three mini-modules including a LEGS refresher course; five consultation workshops in Africa, Asia and Latin America and one online consultation to review the contents of the current edition of the LEGS Handbook; the development and roll out of a remote delivery course (RDC) based on the LEGS three-day training course. The Brooke funded the roll out in English and French.

iii. LEGS continued to work as a member of the Steering Group of the USAID/OFDA funded Supporting Emergency Agriculture Design and Standards (SEADS) Project.

iv. LEGS has continued to be an active member of the Humanitarian Standards Partnership (HSP), including participation in the monthly Steering Committee meetings. HSP activities have included the maintenance of the interactive handbook platform; participation in the online Humanitarian Networks and Partnership Week (including a presentation by LEGS); production of joint guidance on the application of humanitarian standards in the Covid-19 response; inputs to new standards under development, including the Camp Management Standards and the Logistics Standards.

v. LEGS was invited to join the Covid-19 Working Group under the global Food Security Cluster (gFSC) as an associate member, providing the opportunity to feed into the Group's Livestock and Covid-19 guidance note. In May 2020 a new Working Group on Agriculture was established under the gFSC, which LEGS also joined. This provides valuable opportunities to share information about LEGS at the global level with the potential for further dissemination to FSC country coordinators and partners.

vi. Discussions were held with various potential donors, including FAO regional offices in Eastern Europe and Asia, the Near East and Asia/Pacific to fund activities after March 2021.

vii. The LEGS website and Twitter feed were maintained with periodic news items.

Page 1

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

REPORT OF THE TRUSTEES for the Year Ended 31 March 2021

OBJECTIVES AND ACTIVITIES Public benefit

LEGS' vision is that livestock-keepers affected by disasters are able to protect and rebuild sustainable livelihoods. It is based on three livelihoods objectives:

LEGS aims to achieve the following results:

LEGS has a global scope and focuses on the process of identifying needs and analysing which interventions are most appropriate to support the livelihoods of the affected populations, at which times, and in which emergencies. LEGS recognizes that climate change is resulting in more complex and unpredictable types of disaster and that the Covid-19 pandemic has added a further layer of complexity to disaster risk management.

FINANCIAL REVIEW

Reserves policy

As a new CIO, LEGS is slowly building its reserves and plans to develop a reserves strategy during the coming year. The unrestricted funds are used to cover administrative costs and periods when there is no income.

FUTURE PLANS

Future plans of the charity for the financial year 2021-2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1179420

Principal address

Vesey Farm Little Clacton Great Holland Frinton on Sea Essex CO13 0EX

Page 2

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

REPORT OF THE TRUSTEES for the Year Ended 31 March 2021

Trustees

W L Fenton V Mahajan I Birch D Costas (appointed 9.6.20) (resigned 25.8.20) M L Frese (appointed 25.1.21)

Independent Examiner

Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS

Approved by order of the board of trustees on 21[st] September 2021 and signed on its behalf by:

W L Fenton

........................................................................ W L Fenton - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

Independent examiner's report to the trustees of Livestock Emergency Guidelines and Standards - LEGS

I report to the charity trustees on my examination of the accounts of Livestock Emergency Guidelines and Standards - LEGS (the Trust) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 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 Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

M Lewis

……………………………………..

Martyn Lewis Martyn Lewis Chartered Accountants 1 Brewery House Brook Street Wivenhoe Essex C07 9DS 23[rd] September 2021 Date: .............................................

Page 4

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Grants
22,346
EXPENDITURE ON
Operating costs
2
18,317
NET INCOME
4,029
RECONCILIATION OF FUNDS
Total funds brought forward
9
TOTAL FUNDS CARRIED FORWARD
4,038		 Restricted
fund
£
206,493
194,691
11,802
16,104
27,906		 2021
Total
funds
£
228,839
213,008
15,831
16,113
31,944		 2020
Total
funds
£
57,956
53,167
4,789
11,324
16,113

The notes form part of these financial statements

Page 5

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

BALANCE SHEET 31 March 2021

Unrestricted
Restricted
fund
fund
Notes
£
£
FIXED ASSETS
Tangible assets
5
254
-
CURRENT ASSETS
Cash at bank and in hand
4,564
27,906
CREDITORS
Amounts falling due within one year
6
(780)
-
NET CURRENT ASSETS
3,784
27,906
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,038
27,906
NET ASSETS
4,038
27,906
FUNDS
7
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2021
Total
funds
£
254
32,470
(780)
31,690
31,944
31,944
4,038
27,906
31,944		 2020
Total
funds
£
338
17,154
(1,379)
15,775
16,113
16,113
9
16,104
16,113

The financial statements were approved by the Board of Trustees and authorised for issue on 21[st] September 2021 and were signed on its behalf by:

W L Fenton

.............................................

W L Fenton - Trustee

I Birch

............................................. I Birch - Trustee

The notes form part of these financial statements

Page 6

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued...

Page 7

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021

2. RAISING FUNDS

Grants

Operating costs 2021
£
213,008		 2020
£
53,167

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

4.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Grants
4,982
52,974
EXPENDITURE ON
Operating costs
5,948
47,219
NET INCOME/(EXPENDITURE)
(966)
5,755
RECONCILIATION OF FUNDS
Total funds brought forward
975
10,349
TOTAL FUNDS CARRIED FORWARD
9
16,104		 Total
funds
£
57,956
53,167
4,789
11,324
16,113

continued...

Page 8

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 March 2021

5. TANGIBLE FIXED ASSETS

COST
At 1 April 2020 and 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
6.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
7.
MOVEMENT IN FUNDS
At 1.4.20
£
Unrestricted funds
General fund
9
Restricted funds
Restricted fund
16,104
TOTAL FUNDS
16,113
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
22,346
Restricted funds
Restricted fund
206,493
TOTAL FUNDS
228,839		 Computer
equipment
£
450
112
84
196
254
338
2021
2020
£
£
-
599
780
780
780
1,379
Net
movement
At
in funds
31.3.21
£
£
4,029
4,038
11,802
27,906
15,831
31,944
Resources
Movement
expended
in funds
£
£
(18,317)
4,029
(194,691)
11,802
(213,008)
**15,831 **

continued...

Page 9

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021

7. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.19 in funds 31.3.20
£ £ £
Unrestricted funds
General fund 975 (966) 9
Restricted funds
Restricted fund 10,349 5,755 16,104
TOTAL FUNDS 11,324 4,789 16,113

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 4,982 (5,948) (966)
Restricted funds
Restricted fund 52,974 (47,219) 5,755
TOTAL FUNDS 57,956 (53,167) 4,789

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.4.19 in funds 31.3.21
£ £ £
Unrestricted funds
General fund 975 3,063 4,038
Restricted funds
Restricted fund 10,349 17,557 27,906
TOTAL FUNDS 11,324 20,620 31,944

continued...

Page 10

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021

7. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
27,328
259,467
286,795		 Resources
Movement
expended
in funds
£
£
(24,265)
3,063
(241,910)
17,557
(266,175)
20,620

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2021.

Page 11

LIVESTOCK EMERGENCY GUIDELINES AND STANDARDS - LEGS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021

INCOME AND ENDOWMENTS
Grants
Total incoming resources
EXPENDITURE
Operating costs
Management
Communications & office costs
Personnel, training & travel
Sundries
Finance
Bank charges
Exchange rate variance
Other
Insurance
Print, postage and stationery
Depreciation of tangible fixed assets
Governance costs
Accountancy and legal fees
Total resources expended
Net income		 2021
£
228,839
228,839
3,593
202,484
18
206,095
69
4,820
4,889
891
125
84
1,100
924
213,008
**15,831 **		 2020
£
57,956
57,956
1,487
47,590
528
49,605
139
890
1,029
1,491
54
112
1,657
876
53,167
4,789

This page does not form part of the statutory financial statements

Page 12