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2024-03-31-accounts

Livestock Emergency Guidelines and Standards - LEGS

Charity No. 1179420

Trustees' Report and Unaudited Accounts

31 March 2024

Livestock Emergency Guidelines and Standards - LEGS Contents

Pages
Trustees' Annual Report 2 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Accounts 9 to 15
Detailed Statement of Financial Activities 16 to 17

Page 1

Livestock Emergency Guidelines and Standards - LEGS Trustees Annual Report

The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2024.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity No. 1179420

Principal Office

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

Trustees

The following trustees served during the year:

B. Ahmed

C. Hesse

D. Pratt (Resigned 1 May 2023)

K.H. Sadler A. Sharif

Accountants

Quantic Accountancy Limited 1 Second Avenue

Bluebridge Halstead Essex CO9 2SU

OBJECTIVES AND ACTIVITIES

In the year ended 31 March 2024, LEGS activities were as follows:

Activities undertaken to support the development of the CIO:

development and management of the organisation, LEGS projects, funding options and implementation of the LEGS strategy. An in-person meeting for trustees, the strategic advisory committee and the secretariat was held in January 2024 to discuss the longer-term LEGS direction and strategy

Page 2

Livestock Emergency Guidelines and Standards - LEGS Trustees Annual Report

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):

• 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 ODI. The Group met by zoom in April 2023, November 2023 and March 2024. All meetings until November 2023 concentrated on the completion and launch of the 3rd edition of the LEGS Handbook (see below). From November 2023 meetings focused on a review of the Advisory Group Terms of Reference, planning for the new BHA award, and the revision of the Monitoring and Evaluation framework.

• LEGS continued to implement the two-year agreement signed in July 2021 with the Bureau for Humanitarian Assistance/USAID (BHA/USAID, previously OFDA/USAID) for the project ‘Updating and Disseminating LEGS Good Practice Guidance’. This agreement ended on 30th November 2023. The key activities under this grant were all completed and included the revision of the LEGS Handbook to produce a 3rd edition in English, French, Spanish and Arabic, with online versions in all four languages; the production of three technical briefs; review of the LCT-L following pilot testing and general release in English, French and Spanish; release of two training mini-modules on the online platform; set up of a LEGS discussion group online (D-Group); support to the development of LEGS institutionalisation strategies in three countries; networking and conference attendance; and on-going communication work.

• In December 2023 LEGS began the implementation of a further two-year agreement funded by USAID/BHA for the project ‘Maximizing the New Edition of the LEGS Handbook through Enhanced Training and Dissemination’. The key activities under this grant are: the updating of the Training of Trainers and Core Training course materials in English, Arabic, French and Spanish, to bring them in line with the 3rd edition of the LEGS Handbook; the production of three technical briefs with associated webinars; updating of a key LEGS video (English version) in line with the new Handbook; continued support to LEGS trainers and the wider community of practice; delivering a cost-recovery Training of Trainers course; further development of the core training on-line course; and continued support to the development and implementation of LEGS institutionalisation strategies in three countries; networking; and updating of the LEGS website alongside regular communications activities.

LEGS Training of Trainers (TOT) Courses

Funding was received from:

• Tufts University’s Karamoja Resilience Support Unit in Uganda (the donor was BHA) to provide a TOT course for their staff and partners in mid-April 2023

• BHA’s agriculture unit, to provide a TOT for their US-based staff, which took place in Washington DC in May 2023

i. A core training online course was delivered in August 2023 to Brooke Ethiopia staff by two LEGS accredited trainers (one from Ethiopia and one from Kenya) for 18 participants.

ii. LEGS continued to work as a member of the Steering Group of the USAID/BHA funded SEADS Project. LEGS is also involved in developing a Joint Assessment Field Tool with SEADS, drawing on information from both LEGS and SEADS Handbooks and this work continues into the 2024-2025 financial year.

Page 3

Livestock Emergency Guidelines and Standards - LEGS Trustees Annual Report

LEGS Conference Attendance, Networking and Partnerships

Public Benefit Statement

LEGS’ vision is that livestock-keepers affected by disasters are able to protect and rebuild sustainable livelihoods. LEGS aims to improve the quality and livelihoods impact of livestock related projects in humanitarian situations.

LEGS is global in scope and focuses on the process of identifying needs and analysing which interventions designed to support the livelihoods of affected populations are the most appropriate at specific times. LEGS recognises that climate change is resulting in more complex and unpredictable types of disaster and that on-going conflicts add a further layer of complexity to disaster risk management.

Reserves Policy

LEGS continues to build up its reserves policy. The unrestricted funds are used to cover administrative costs and periods when there is no income.

Page 4

Livestock Emergency Guidelines and Standards - LEGS Trustees Annual Report

Future plans of the charity for the financial year 2024-2025

Statement of trustees' responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

Signed on behalf of the charity's trustees

C. Hesse Trustee 30 August 2024

Page 5

Uveslock Emergency Guidelines and Standards- LEGS Independent Examlner5 Report Independent Examinerfs Report to the trustee5 of Uve51odt Effleryency Guldellnes and Standards- LEG5 I report to the tNstees on my examination of the financial Statements of Llvestock Emergency Guidelines and SLindard5- LEGS for the year ended 31 March 2024. Responslbilities and basis of report As the charity's tru5tee5 you are responsible for the preparation of the financial sktements in accordance with the requirements of the Charitles Act 2011 l*he Att'l. I report in respect of my examination of the charity's financial statements carried out under sertion 145 of the 2011 Act and in carryin8 Out my examination I have followed all the applicable Directions given by the Charity Commission under section 145151(b) of the Act. Independent examlrter's statement As the charity's gross income exceeded £250.1￿ your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination by bein8 a qualified rnember ofACCA. I have completed my examination. I can confirni that no materiol matter5 have corne to my attention in connection with the examination giving me cause to believe that in any material respect- the accounting records were not kept in respect of the charfty as requlred by section 130 of the Act.. or the financial statements do not accord with those records; or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements gsve a 'true and faif, view which is not a matter onsidered 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 financial ststements to be reached. Mr Stuart FO￿er IFCCAI ACCA quantlc Accountancy Lirnited Isecond Avenue Bluebridge Halstead Essex C09 25U 30 Au8U5t 2024 Page 6

Livestock Emergency Guidelines and Standards - LEGS Statement of Financial Activities

for the year ended 31 March 2024

Notes
Income and endowments
from:
Donations and legacies
3
Investments
4
Total
Expenditure on:
Charitable activities
5
Other
6
Total
Net gains on investments
Net (expenditure)/income
7
Transfers between funds
Net (expenditure)/income
before other gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Restricted
funds
Total funds Total funds
2024 2024 2024 2023
£ £ £ £
58,147 488,012 546,159 424,113
668 - 668 -
58,815 488,012 546,827 424,113
9,551 493,970 503,521 361,948
15,963 33,210 49,173 20,003
25,514 527,180 552,694 381,951
- - - -
33,301 (39,168) (5,867) 42,162
- - - -
33,301 (39,168) (5,867) 42,162
33,301 (39,168) (5,867) 42,162
17,241 84,218 101,459 59,297
50,542 45,050 95,592 101,459

Page 7

Livestock Emergency Guidelines and Standards - LEGS Balance Sheet

at 31 March 2024

Charity No. 1179420
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors:Amount falling due within one year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
13
Restricted income funds
Unrestricted funds
13
General funds
Reserves
13
Total funds
2024
£
1,145
1,145
83
95,145
95,228
(780)
94,448
95,593
95,593
95,593
45,050
45,050
50,542
50,542
95,592
2023
£
143
143
-
102,096
102,096
(780)
101,316
101,459
101,459
101,459
84,218
84,218
17,241
17,241
101,459

Approved by the trustees on 30 August 2024

And signed on their behalf by:

C. Hesse Trustee 30 August 2024

Page 8

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

for the year ended 31 March 2024

Basis of preparation

The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Page 9

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT expenditure which cannot be fully recovered, and is reported as part of the expenditure to which it relates.

Expenditure on These comprise the costs associated with attracting voluntary income, raising funds fundraising trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities charitable activities and services in the furtherance of its objects, including the making of grants and governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Tangible fixed assets and depreciation

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

Fixtures, fittings and 25% Reducing equipment

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 10

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 11

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

2 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Total
Expenditure on:
Charitable activities
Other
Total
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Grants and donations
4
Income from investments
Bank interest received
Unrestricted
£
58,147
58,147
Unrestricted
funds
2023
£
38,252
Restricted
funds
2023
£
385,861
Total funds
2023
£
424,113
38,252
25,769
5,880
385,861
336,179
14,123
424,113
361,948
20,003
31,649 350,302 381,951
6,603 35,559 42,162
6,603 35,559 42,162
6,603
10,638
35,559
48,659
42,162
59,297
17,241 84,218 101,459
Restricted
£
Total
2024
£
546,159
Total
2023
£
424,113
488,012
488,012 546,159 424,113
Unrestricted
£
668
Total
2024
£
668
Total
2023
£
-
668 668 -

Page 12

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

5 Expenditure on charitable activities

5
Expenditure on charitable activities
Unrestricted
Restricted
Total
2024
£
£
£
Expenditure on charitable
activities
Consultancy costs
9,551
493,970
503,521
Governance costs
9,551
493,970
503,521
6
Other expenditure
Unrestricted
Restricted
Total
2024
£
£
£
Motor and travel costs
2,094
6,776
8,870
Premises costs
1,186
19,887
21,073
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
178
-
178
General administrative costs
10,214
5,775
15,989
Legal and professional costs
2,291
772
3,063
15,963
33,210
49,173
7
Net (expenditure)/income before transfers
2024
This is stated after charging:
£
Depreciation of owned fixed assets
178
Independent Examiner's fee
820
8
Trustee remuneration and expenses
One or more of the trustees has been paid expenses in the current or prior periods.
2024
Number
Number of trustees paid expenses
1
The nature of the reimbursed expenses
Travel and subsistence.
£
Total expenses reimbursed to trustees
127
9
Staff costs
No employee received emoluments in excess of £60,000.
Restricted
£
493,970
Total
2024
£
503,521
Total
2023
£
361,948
493,970 503,521 361,948
Restricted
£
6,776
19,887
-
5,775
772
Total
2024
£
8,870
21,073
178
15,989
3,063
Total
2023
£
4,131
6,195
48
8,381
1,248
33,210 49,173 20,003
2023
£
48
780
2023
Number
-
£
-

Page 13

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

10 Tangible fixed assets

Cost or revaluation
At 1 April 2023
Additions
At 31 March 2024
Depreciation and
impairment
At 1 April 2023
Depreciation charge for the
year
At 31 March 2024
Net book values
At 31 March 2024
At 31 March 2023
11 Debtors
Prepayments and accrued income
12 Creditors:
amounts falling due within one year
Accruals
2024
£
83
Fixtures,
fittings and
equipment
Total
£
450
1,180
£
450
1,180
1,630 1,630
307
178
307
178
485 485
1,145 1,145
143 143
2023
£
-
83 -
2024
£
2023
£
781 780
781 780

Page 14

Livestock Emergency Guidelines and Standards - LEGS Notes to the Accounts

13 Movement in funds

At 1 April
2023
Restricted funds:
Restricted income funds:
BHA 21
84,218
TUFTS TOT 23
-
BHA TOT 23
-
BHA 23
-
SEADS 23
-
Total
84,218
Unrestricted funds:
General funds
17,241
Total funds
101,459
Purposes and restrictions in relation to the funds:
Incoming
resources
(including
other
gains/losses)
£
Resources
expended
£
At 31
March
2024
£
1,790
-
-
43,304
(44)
386,007 (468,435)
16,690 (16,690)
19,738 (19,738)
64,515 (21,211)
1,062 (1,106)
488,012 (527,180) 45,050
50,542
58,815 (25,514)
546,827 (552,694) 95,592
Restricted funds:
BHA 21
TUFTS TOT 23
BHA TOT 23
BHA 23
SEADS 23

14 Analysis of net assets between funds

Fixed assets
Net current assets
15 Reconciliation of net debt
Cash and cash equivalents
Net debt
Unrestricted
funds
£
1,145
94,364
Restricted
funds
£
-
83
Total
£
1,145
94,447
95,509 83 95,592
At 1 April
2023
£
Cash flows
£
At 31
March
2024
£
102,096 (6,951) 95,145
102,096 (6,951) 95,145
102,096 (6,951) 95,145

Page 15

Livestock Emergency Guidelines and Standards - LEGS Detailed Statement of Financial Activities

for the year ended 31 March 2024

Income and endowments from:
Donations and legacies
Grants and donations
Investments
Bank interest received
Total income and endowments
Expenditure on:
Charitable activities
Consultancy costs
Total of expenditure on charitable
activities
Motor and travel costs
Travel and subsistence
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures, fittings
and equipment
Bank charges
Exchange rate (gain)/loss
General insurances
Software, IT support and related
costs
Stationery and printing
Subscriptions
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Total of expenditure of other costs
Unrestricte
d funds
2024
£
58,147
58,147
668
668
58,815
9,551
9,551
9,551
2,094
2,094
1,186
1,186
178
103
8,537
1,124
130
175
-
145
10,392
916
1,375
2,291
15,963
Restricted
funds
2024
£
488,012
488,012
-
-
488,012
493,970
493,970
493,970
6,776
6,776
19,887
19,887
-
-
-
-
-
-
-
5,775
5,775
772
-
772
33,210
Total funds
2024
£
546,159
546,159
668
668
546,827
503,521
503,521
503,521
8,870
8,870
21,073
21,073
178
103
8,537
1,124
130
175
-
5,920
16,167
1,688
1,375
3,063
49,173
Total funds
2023
£
424,113
424,113
-
-
424,113
361,948
361,948
361,948
4,131
4,131
6,195
6,195
48
150
3,306
874
404
178
99
3,370
8,429
1,248
-
1,248
20,003

Page 16

Livestock Emergency Guidelines and Standards - LEGS Detailed Statement of Financial Activities

Detailed Statement of Financial Activities
Total expenditure
Net gains on investments
Net (expenditure)/income
Net (expenditure)/income before
other gains/(losses)
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
25,514
-
33,301
33,301
-
33,301
17,241
50,542
527,180
-
(39,168)
(39,168)
-
(39,168)
84,218
45,050
552,694
-
(5,867)
(5,867)
-
(5,867)
101,459
95,592
381,951
-
42,162
42,162
-
42,162
59,297
101,459

Page 17