**LGK IN THE COMMUNITY** Annual Report 2023/24 ## **Annual** Report **PREPARED BY CEO PANIKOS PANAYIOTOU** #HELPUSHELPOTHERS 2 WWW.LGK.ORG.UK ## About LGK LGK in the community was set up in 2014 in memory of the late Lakis Panayiotou. Founder of the LGK mission of using food and heritage to unite people for positive change. Since then the charity have grown from strength to strength with programmes that run throughout the year. The heart of the LGK annual programme is the pop up traditional Greek village taverna that runs every May and June each year. Lakis Greek Kitchen as it is known is the organisations fundraising arm and all proceeds support the annual running costs alongside assisting those that need it most from profits made. The organisations operates from a four pillar strategy which includes: **LOVE FOOD** - This includes an all year round food bank, food education schemes and much more. **CELEBRATE HERITAGE** - We celebrate document and collect stories and journeys that are at the risk of being lost in time. **BE CREATIVE** - Is our award winning production **LEARN DIGITAL** - Is our accredited E-learning platform info@lgk.org.uk **LGK IN THE COMMUNITY** Annual Report 2023/24 ## **STATEMENT FROM THE CHAIR** Its now my second year as chair of this amazing charity which year on year helps so many people truly in need. I am surrounded by fantastic trustees that put the community first and possess the genuine spirit of giving and are involved for the right reasons. The next few years just as last year are vital for the future of LGK and we all have to work hard and do our bit in order to make the charity sustainable. In order for the charity to grow, we operate as a business but at the same time those that will benefit from our work, will be the communities and the individuals that need it most. We are trying our best to strengthen our fundraising arm and the commissioned services we offer. This I feel and the board is in agreement steers us away from the tradtional grant dependent charity model in so many orgaisations that exist within the 3rd sector. I have high hopes for 2025 that we continue to grow in all of the agreed directions of our mission to make everlasting change. ## **Mrs Orlean S Hazell AKA Joy Hazell** CHAIR PERSON/BOARD OF TRUSTEES **03** **LGK IN THE COMMUNITY** Annual Report 2023/24 ## **STATEMENT FROM THE CEO** The journey must continue into the unknown future which for LGK I feel is bright. We continue to serve those that need our support and do our bit for society. Unfortunately we don't have the power to eliminate poverty but we can try and make a dent in its progress. As a charity it is important always to build sustainability into the heart of our operation and I am very excited to be leading a fantastic team on this mission. I am now at the start of my first year as the full time CEO of LGK which I founded so many years ago and to date have been a volunteer for over 10 years parallel to my other work responsibilities. It has always been my dream to give all of my time to LGK instead of being shared by so many other programmes and projects which I wasn't as passionate about like LGK. We have big plans for 2025 and pray that we manage to reach the top of the hill we are climbing to make LGK in the community the sucess it deserves to be. ## **Mr Panikos Panayiotou** CEO LGK IN THE COMMUNITY **04** **LGK IN THE COMMUNITY** Annual Report 2023/24 **05** ## **2023/24 LGK PORTFOLIO** Although this AGM year like all years so far has had its challenges we have prevailed and managed to ignite key projects and programmes that align with our strategy. ## **2023/24 PROJECTS** - Queens of Cyprus - Queens of the city programme Heritage Fund Love for People Campaign - Spread the Love Campaign Sustainable food systems ## **ANNUAL PROGRAMME** - On going food bank Taverna fundraiser MayJune 2024 - LGK POP UP EVENTS - Rainy Day support Clothes, essentials bank - BIG XMAS FEED **----- Start of picture text -----**
ABILITY TO SUSTAIN
ACTIVATE
INNOVATION
DIGITAL
LEARNING
**----- End of picture text -----**
LGK IN THE COMMUNITY YEAR 2023/4 ## **Queens of Cyprus** ## LGK PRODUCTIONS As part of our Be Creative strategy our journey through the queens stories continues. In a feature documentary exploring the Cypriot spirit we interview a series of high profile Cypriots globally to assess who the Cyprus Queens are behind their sucess. 06 www.lgk.org.uk ## QUEENS OF THE CITY The Journey of migrant and home brewed women of Walsall, their stories, their food and their heritage STORIES FOOD ART CULTURE 07 **----- Start of picture text -----**
QUEENS OF THE CITY
HERITAGE THROUGH
PICTURES FOOD STORIES
RECUIT AND TRAIN X10 COMMUNITY/SCHOOL AMBASSADORS TO DELIVER FOOD
AND HERITAGE JOURNEY WORKSHOPS
IN PERSON AND ONLINE ACCREDITED TRAINING COURSE FOR
AMBASSADORS
COMMUNITY
SCHOOL WORKSHOPS
WORKSHOPS
WORKSHOP CONTENT
WHO ARE THE CITY
FROM THERE TO HERE
QUEENS
HERITAGE JOURNEYS
HERITAGE NUTRITION
HERITAGE SORIES ONLINE HERITAGE
VIDEO ASSETS RESOURCE LIBRARY
QUEENS OF THE CITY LEGACY MURAL
**----- End of picture text -----**
08 ## **QUEENS OF THE CITY JOURNEYS** - 10 XSELECTED QUEENS WILL BE VIDEO AND AUDIO INTERVIEWED FROM VARIOUS COMMUNITIES - 2X WALSALL CENTURIONS WILL BE VIDEO AND AUDIO INTERVIEWED - 4xWALSALL QUEENS FROM THE WHITE COMMUNITIES WILL BE VIDEO AND AUDIO INTERVIEWED 09 ## **QUEENS OF THE CITY IN PICTURES** 10 XSELECTED QUEENS WILL BE TRANSFORMED INTO ILLUSTRATIONS AND A CITY WALL MURAL - 2X WALSALL CENTURIONS WILL BE TRANSFORMED INTO - ILLUSTRATIONS AND A CITY WALL MURAL 4xWALSALL QUEENS FROM THE WHITE COMMUNITIES WILL BE TRANSFORMED INTO ILLUSTRATIONS AND A CITY WALL MURAL 10 ## **QUEENS OF THE CITY DISHES** THEIR HERUTAGE CREATED THAT REPRESENT THEIR CULTURE 2X WALSALL CENTURIONS WILL CONTRIBUTE OR HAVE RECIPES FOR DISHES THEIR HERITAGE CREATED THAT REPRESENT THEIR CULTURE 4xWALSALL QUEENS FROM THE WHITE COMMUNITIES WILL CONTRIBUTE OR HAVE RECIPES FOR DISHES THEIR HERUTAGE CREATED THAT REPRESENT THEIR CULTURE ALL DISHES WILL FORM PART OF THE HERITAGE FOOD JOURNEY WORKSHOPS IN SCHOOLS AND COMMUNITY ORGANISATIONS 11 LGK IN THE COMMUNITY YEAR 2023/4 True love dosen’t have a happy ending, because true love doesn’t end BOB MARLEY ## **LOVE FOR PEOPLE CAMPAIGN** **Rainy Day fund** - support service for families in need of a bit of extra cash to get them through the month or hard times. _**15 FAMILIES IN NEED CATERED FOR IN 2023/4**_ **Food Bank programme** - emergency food supplies to those in most need. **PRESENTATION IVORA BEAN Chef Programme** - A blended learning scheme for 1624yr olds. **IN DEVELOPMENT PHASE** **Apprenticeship scheme** - in partnership with Love Joes for 16-24yr olds. **IN DEVELOPMENT PHASE** **Volunteer Bank** - Working with Love Joes employees **Global Scheme** - Supporting young people across the globe. **Spread the Love Educational programme** - Supporting students in need with study fees and expenses. 12 www.lgk.org.uk LGK IN THE COMMUNITY YEAR 2023/4 ## **LGK GLOBAL CAMPAIGN** Due to our fundraising ability we have now agreed as part of our annual programme to support two worthy international causes. These schemes fall in line with our core values to support the human race in crisis and to aid in education and resources. ## **MADAGASCAR** **----- Start of picture text -----**
SRI LANKA
**----- End of picture text -----**
LGK as part of our Love for People Campaign aim to raise an annual sum to support in the humanitarian crisis in Madagascar and the lack of medical personnel and supplies. Through a Catholic charity institution LGK aim to support in supplying funds for educational resources in Sri Lanka for children in areas of extreme poverty with a thirst to learn. **OVER 200 ESSENTIAL MEDICAL SUPPLIES FOR CHILDREN SUPPLIED THROUGH LGK** **OVER 100 BOOKS AND SCHOOL ESSENTIALS SUPPLIED THROUGH LGK** 13 www.lgk.org.uk LGK IN THE COMMUNITY YEAR 2023/4 ## Spread the Love ## **Educational Support Scheme** In partnership with our sponsors, we have a unique educational sponsorship programme in which we support a limited no of students annually with expenses associated with their studies. Our three sucessful students for our 2023 program are: CURRENT STUDENT POOLE **Gregory Craveiro** PhD Theology ## **PREVIOUS STUDENTS** ## **Chyssie Alexiou** MSc Child Psychology **Erikkos Alexiou** BSc Cyber Security 14 www.lgk.org.uk ## Spread the Love ## **Educational Support Scheme** ## CURRENT STUDENT POOLE **Gregory Craveiro** PhD Theology 14 www.lgk.org.uk ## **SUSTAINABLE FOOD SYSTEMS** From concluding the key findings and analysing the community and key stakeholder intelligence the proposed way forward has been analysed in three tiers: **Tear 1** - A flat pack build supermarket or HQ that can store goods for the other tiers offer a holistic space for food education and be a one stop shop for those in need. The model needs to lean on community being one of the assets of sustainability and work off some of the most successful social supermarket model internationally which is a membership scheme. In paying. fee to join or dedicating you fee in time to the market this forms a sustainable operating model moving forward. **Tear 2** - Create a hot food HUB in Erdington in which families can access breakfast and dinner for a minimal capped price no matter the number in the family unit. This will work from Monday -Friday and on the weekend will be substituted with a recipe offer covering a family unit for the weekend feed, Cooking demos and cooking courses will be offered at the HUB and the supermarket. **Tear 3** - In terms of the Handsworth food HUB there seems to be alot of newly arrived communities in the area in which a wiery and reluctant to sign up for support service outside the school circle. The food bank scheme there is actually managed through school referral and as a trusted space schools have been highted as a prime location for a mobile social supermarket. This will be from produce decanted and culturally sensitive supplied and acquired through the HQ social supermarket. Page 15 LGK IN THE COMMUNITY YEAR 2023/4 I ' M D R E A M I N G O F A ## Hunger free City 16 www.lgk.org.uk LGK IN THE COMMUNITY YEAR 2023/4 # Big Christmas Feed 2023 Over 120 families R E C E I V E D 1 X W E E K S S H O P P I N G 17 www.lgk.org.uk WWW.LGK,ORG.UK ## LGK ANNUAL PROGRAMME £1000 RASIED FOR FINNLEYS SENSORY ROOM LAKIS GREEK KITCHEN SEASON 11 DONATIONS RAISED OVER £14,000 IN 6 WEEKS FOOD BANK OPERATION HAOS over 2200 family parcels 2023/24 LGK POP UP EVENTS LAUNCHED 2023/4 4x CALENDAR EVENTS SUPPORTED 15 FAMILIES IN CRISIS DURING THE 2023/24 PROGRAMME 18 www.lgk.org.uk WWW.LGK,ORG.UK ## LAKIS GREEK KITCHEN MAKES INTERNATIONAL AND NATIONAL NEWS 19 2023/24 ANNUAL FINANCIAL REPORT ## **FINANCIAL SUMMARY HIGHLIGHTS** ## **39%** INCOME FROM COMMISIONED SERVICES OR FUNDRAISING **71%** Increase in external grants **53%** INCREASE IN ANNUAL TURNOVER IN COMPARISON TO 2023/24 LGK IN THE COMMUNITY ANUAL REPORT 2022/23 PAGE 21 ## **EXPENDITURE CHART £111,853** LGK ANNUAL REPORT 2022/23 PAGE 22 WWW.LGK,ORG.UK ## **INCOME CHART £161,531** LGK ANNUAL REPORT 2022/23 PAGE 23 **INCOME & EXPENDITURE STATEMENT** ## **Opening balance 01/11/2023: £86,668** **----- Start of picture text -----**
ITEM INCOME EXPENDITURE
ONCOSTS N/A £11,370
QUEENS of
CYPRUS £1930 £21,606
PRODUCTION
SUPERMARKET N/A £21,850
TAVERNA £36,921 £34,875
QUEENS OF £997
£97,579
THE CITY
VOLUNTEERS N/A £3539
SPREAD £10,000 £10,500
THE LOVE
FOOD BANK £3100 £4114
STAFFING N/A £3000
TOTALS £161,531 £111,853
**----- End of picture text -----**
## **Closing balance 31/10/2024: £149, 129.98** LGK ANNUAL REPORT 2022/23 PAGE 24` ## our 2024/25 onwards ## STRATEGY ## DETAILS ## OUTCOME ## PROJECTS Start mobile pop up market Create a mobile food school TACKLE FOOD CRISIS AND A BROKEN FOOD SYSTEM **SUPERMARKET** CATER FOR OVER 600 FAMILIES FOR 2024 PROGRAMME CATER FOR HOLIDAY HUNGER **XMAS BIG FEED** - Broadcast Queens of Cyprus Create educational programme with assets UK/Europe Produce an animation of Queens of the Commonwealth for schools Create a well known brand Create an active events calender outside of the taverna. To continue the journey of preserving history and protecting stories from being lost in time. **BE CREATIVE** Launch LGK pop events across the UK **LGK EVENTS** Legacy - Establish a solid model of practice trailed and tested in Walsall MBC Upscale the scheme to other cities in England Upscale the programme accross Europe. Create an Erasmus scheme based on the QoC model. **QUEENS OF THE CITY** programme of Queens series productions 25 www.lgk.org.uk YEAR 2023/4 LGK IN THE COMMUNITY # # H E L P U S H E L P O T H E R S ## our 2024/25 onwards ANNUAL EVENTS PROGRAMME ## Outreach Schemes ## **Clinical support** Sat 15th of February 2025 Kleftiko night Sat 19th of July 2025 Greek BBQ 26 www.lgk.org.uk LGK IN THE COMMUNITY YEAR 2023/4 ## 'tis the season ## F O R G I V I N G ## VOLUNTEER OPPORTUNITIES **----- Start of picture text -----**
PROJECT DESCRIPTION OPPORTUNITY
WORK WITH LGK ON OUR
SOCIAL MEDIA
SOCIAL MEDIA CHANNELS
OFFICER FOR ALL OF
SOCIAL MEDIA INCLUSIVE OF TIK TOK,
THE LGK PORTFOLIO
FACEBOOK, INSTAGRAM AND
X2 POSITIONS
MORE
WORK WITH THE LGK FOOD
STALL STAFF, FOOD
TEAM TO DELIVER QUALITY
LGK EVENTS SERVICE EVENTS
EVENTS IN AND AROUND THE
MANAGEMENT
REGION
WORK WITH THE LGK
FUNDRAISING AND
FOODBANK TEAM TO SECURE
CORPORATE LIIASON
FOOD BANK SPONSORSHIP, FOOD
OFFICER X2
SUPPORT FOR THOSE THAT
POSITIONS
NEED IT MOST
WORK WITH OUR BE
EDITORS AND MEDIA CREATIVE PRODUCTION
BE CREATIVE ASSETS VOLUNTEERS TEAM TO CREATE ONLINE
X2 CONTENT AND MEDIA
ASSETS
HELP FIND QUEENS IN
HERITAGE WALSALL WITH A STORY TO
CELEBRATE HERITAGE
RESEARCHERS X2 TELL THAT IS AT RISK OF
BEING LOST IN TIME
**----- End of picture text -----**
27 **REGISTERED COMPANY NUMBER: 10418907 (England and Wales) REGISTERED CHARITY NUMBER: 1182273** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **FOR** **LGK IN THE COMMUNITY (A COMPANY LIMITED BY GUARANTEE)** Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS **LGK IN THE COMMUNITY** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Statement of Financial Position**|7|to|8| |**Notes to the Financial Statements**|9|to|16| |**Detailed Statement of Financial Activities**||17|| ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2024. 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 Vision** To bring communities closer together by developing a shared understanding of the role different groups and individuals have had in shaping today's society. ## **Mission** To promote cohesion between and within communities, at a neighbourhood level and globally, by highlighting the historic contributions made by a variety of communities To work with young people and the community at large to address wellbeing, health inequalities, food poverty and social cohesion To use the 'arts', culture, 'sport' and other tools to engage with people. ## **Aim** To explore, record, preserve and share the individual and collective heritage of groups and individuals. To develop initiatives to improve people's wellbeing. ## **Objectives** The prevention and relief of poverty for the public benefit in Birmingham by providing donations of food for local food banks. The advancement of education for the public benefit in Birmingham by providing workshops relating to healthy eating and nutrition, cooking on a budget and health and safety procedures in the handling and preparation of food. For the public benefit to promote the relief of elderly people resident in Birmingham by providing a befriending service and group opportunities for social contact and interaction designed to relieve social isolation and lowliness. ## **Significant activities** To advance the education for the public benefit in all aspects of the culture, arts, wellbeing, heritage and social history, including those that are disadvantaged from different racial groups in the West Midlands and globally. In so doing promoting the cohesion between and within such groups. Delivering healthy cooked food around the city using a vehicle as a portable kitchen. The vehicle is also used to collect and distribute food for the food bank element of the organisation.The vehicle is to be owned by the charity, LGK. All the funding and donations received will be applied for the charitable purposes only. Food may be prepared in the kitchen facility provided free of charge by the charity's supporters at their residences or other venues where an event is organised. Teaching how to cook healthy meals for the community to promote good health as well as the organisation of food banks which will assist some of the needy communities in the city as well as the country. ## **Grantmaking** The Trustees consider applications received for grant and approve on the merits and objectives for which such grants may be used for. Page 1 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **OBJECTIVES AND ACTIVITIES** ## **Volunteers** The value of services provided by volunteers is not incorporated in these financial statements. However, payments are made to cover the volunteers' actual expenses which are included in the financial statements. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Providing food banks and education in respect of healthy diets. Organising food based events in order to raise funds for the charity which is used to help those in need of nutritional education and adequate food provision. Delivering healthy cooked food around the city using a vehicle as a portable kitchen. The vehicle is also used to collect and distribute food for the food bank element of the organisation. Teaching how to cook healthy meals for the community to promote good health as well as the organisation of food banks which will assist some of the needy communities in the city as well as the country. ## **Fundraising activities** Organising Pop-up Taverna and serving healthy meals to generate donations. Publishing and selling book relating to the evolution of Greek Cypriot cuisine into British society. ## **FINANCIAL REVIEW** ## **Principal funding sources** The future of Charity's services is dependent on continued support from statutory sources and income from grants and donations, which are essential for the maintenance and expansion of services to meet the increasing demand. The Charity provides essential services and develops unique training projects that help to profile/meet the needs of the public and is supported in part by Local Authority, Big Lottery Fund and Heritage Lottery Fund. Although such funding continues, demand for projects, services, and an increase in core costs considerably outweighs the funding provided by these sources, to the extent that the Charity has to continually look for funding from other organisations, charitable and corporate bodies and individual donors. ## **Reserves policy** The Board of Trustees is responsible for deciding how to invest the Charity's reserves. The appropriate level of reserves is established through an annual review of the Charity's requirements and stated in the financial report. The Treasurer is responsible for proposing to the Board the balance of cash on deposit and investments, and acts on the Board's instructions. Taking into account the impact on future grants and donations receivable, the trustees may have to limit the charity's activities within the reserves available. ## **Review of transactions, financial performance and funds** As shown in the Statement of Financial Activities (page 6) total income for the period to 31 October 2024 amounted to £161,846. Expenditure in the furtherance of charitable activities totalled £103,396. The Charity resulted in a Net resources surplus of £58,450. ## **FUTURE PLANS** In light of the current economical climate the organisation will review its business plan / operational model to help it ensure sustainability and will make any changes needed. It remains committed to supporting the primary beneficiaries of our activities and services and will aim to continue delivery of a programme of key activities and associated services. The organisation plans to continue working strategically to help achieve our objectives. Page 2 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Recruitment and appointment of new trustees** Every person who wishes to be a Member and a trustee as such, shall deliver to the Company an application for membership in such form as the Directors require executed by that person. At the next meeting of the Directors after the receipt of any application for membership, the application shall be considered by the Directors who shall decide upon the admission or rejection of the applicant. ## **Organisational structure** The Charity has a Management Committee of up to six members who meet regularly and are responsible for strategic direction and policy of the charity. At present the committee has six members from a variety of backgrounds relevant to the work of the charity. The committee is made up of the trustees. A scheme of delegation is in place and day to day responsibility for the provision of services rest with the trustees.. The trustees are responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. ## **Induction and training of new trustees** New trustees receive a comprehensive induction package, with information covering the duties of a trustee, a trustee job description and service agreement, an outline of the vision, mission and implementation of the charity's services, the latest Report and Accounts, current year's budget and latest management accounts. Trustees are encouraged to make use of the training and conference opportunities provided by the NVCO and other bodies. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 10418907 (England and Wales) ## **Registered Charity number** 1182273 ## **Registered office** Nash Dom Community Hub Sun Street Walsall WS1 4AL ## **Trustees** Mrs L Malla Trustee Mrs O Hazell Trustee Mr Y K Gupta Trustee Page 3 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Independent Examiner** Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 22 July 2025 and signed on its behalf by: Mrs O Hazell - Trustee Page 4 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LGK IN THE COMMUNITY** ## **Independent examiner's report to the trustees of LGK In The Community ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. ## **Responsibilities and basis of report** As the charity's trustees of the 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 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 2011 ('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 matters have come to my attention in connection with the examination giving me cause to believe: 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. Mr Michael Filiou FCCA Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS 22 July 2025 Page 5 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**24,231**
**EXPENDITURE ON**
**Charitable activities**
3
Food Bank
**-**
Donations
**10,895**
Publication Cost
**7,575**
Travelling Expense
**5,324**
Project Management
**25,153**
Other
**1,371**
**Total**
**50,318**
**NET INCOME/(EXPENDITURE)**
**(26,087)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**27,066**
**TOTAL FUNDS CARRIED FORWARD**
**979**|Restricted
funds
£
**137,615**
**13,190**
**4,314**
**-**
**575**
**30,488**
**4,511**
**53,078**
**84,537**
**75,048**
**159,585**|**2024**
**Total**
**funds**
**£**
**161,846**
**13,190**
**15,209**
**7,575**
**5,899**
**55,641**
**5,882**
**103,396**
**58,450**
**102,114**
**160,564**|2023
Total
funds
£
86,466
10,743
31,772
9,200
5,809
38,278
7,565
103,367
(16,901)
119,015
102,114| |---|---|---|---| The notes form part of these financial statements Page 6 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2024** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
9
**-**
**CURRENT ASSETS**
Cash at bank
**1,579**
**CREDITORS**
Amounts falling due within one year
10
**(600)**
**NET CURRENT ASSETS**
**979**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**979**
**NET ASSETS**
**979**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**12,032**
**178,755**
**(31,202)**
**147,553**
**159,585**
**159,585**|**2024**
**Total**
**funds**
**£**
**12,032**
**180,334**
**(31,802)**
**148,532**
**160,564**
**160,564**
**979**
**159,585**
**160,564**|2023
Total
funds
£
16,043
96,023
(9,952)
86,071
102,114
102,114
27,066
75,048
102,114| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 7 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL POSITION - continued 31 OCTOBER 2024** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 22 July 2025 and were signed on its behalf by: Mrs O Hazell - Trustee The notes form part of these financial statements Page 8 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, 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 Companies Act 2006. 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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles - 25% on reducing balance Computer equipment - 25% on reducing balance ## **Taxation** The charity is exempt from corporation 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 9 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **2. DONATIONS AND LEGACIES** |Donations
Grants
Grants received, included in the above, are as follows:
Heritage Lottery
Queen of Commonwealth
Holiday Activity Fund
Queens of Amathus
National Lottery SSM|**2024**
**£**
**64,267**
**97,579**
**161,846**
**2024**
**£**
**97,579**
**-**
**-**
**-**
**-**
**97,579**||2023
£
44,791
41,675| |---|---|---|---| ||||86,466| ||||2023
£
-
100
6,141
684
34,750| ||||41,675| ## **3.** ## **CHARITABLE ACTIVITIES COSTS** |Food Bank
Donations
Publication Cost
Travelling Expense
Project Management|Grant
funding of
activities
Direct
(see note
Costs
4)
£
£
**13,190**
**-**
**-**
**15,209**
**7,575**
**-**
**5,899**
**-**
**55,641**
**-**
**82,305**
**15,209**|Totals
£
**13,190**
**15,209**
**7,575**
**5,899**
**55,641**| |---|---|---| |||**97,514**| continued... Page 10 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **4. GRANTS PAYABLE** |Donations
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2024**
**£**
**15,209**
**2024**
**£**
**4,011**|2023
£
31,772| |---|---|---| |||2023
£
5,349| ## **5. NET INCOME/(EXPENDITURE)** ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. ## **7. STAFF COSTS** The average number of employees for the year is 0 (2021 - 0). ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
16,500
**EXPENDITURE ON**
**Charitable activities**
Food Bank
433
Donations
8,500
Publication Cost
5,000
Travelling Expense
5,276
Project Management
15,212
Other
1,366
**Total**
35,787
**NET INCOME/(EXPENDITURE)**
(19,287)|Restricted
funds
£
69,966
10,310
23,272
4,200
533
23,066
6,199
67,580
2,386|Total
funds
£
86,466
10,743
31,772
9,200
5,809
38,278
7,565
103,367
(16,901)| |---|---|---| continued... Page 11 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** |**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
fund
funds
£
£
**RECONCILIATION OF FUNDS**
Total funds brought forward
46,355
72,660
**TOTAL FUNDS CARRIED FORWARD**
27,068
75,046
**9.**
**TANGIBLE FIXED ASSETS**
Motor
Computer
vehicles
equipment
£
£
**COST**
At 1 November 2023 and 31 October 2024
**34,438**
**4,661**
**DEPRECIATION**
At 1 November 2023
**19,910**
**3,146**
Charge for year
**3,632**
**379**
At 31 October 2024
**23,542**
**3,525**
**NET BOOK VALUE**
At 31 October 2024
**10,896**
**1,136**
At 31 October 2023
14,528
1,515
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Bank loans and overdrafts (see note 11)
**31,202**
Accruals and deferred income
**600**
**31,802**|Total
funds
£
119,015
102,114
Totals
£
**39,099**
**23,056**
**4,011**
**27,067**
**12,032**
16,043
2023
£
9,352
600
9,952| |---|---| continued... Page 12 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **11. LOANS** An analysis of the maturity of loans is given below: |Amounts falling due within one year on demand:
Bank overdrafts
**12.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|At
1.11.23
£
**27,066**
**10,168**
**926**
**24,202**
**21,588**
**367**
**21,242**
**4,967**
**(8,412)**
**-**
**75,048**
**102,114**|**2024**
**£**
**31,202**
Net
movement
in funds
£
**(26,087)**
**(214)**
**(52)**
**10,398**
**-**
**(327)**
**-**
**-**
**(21,850)**
**96,582**
**84,537**
**58,450**|2023
£
9,352
At
31.10.24
£
**979**
**9,954**
**874**
**34,600**
**21,588**
**40**
**21,242**
**4,967**
**(30,262)**
**96,582**
**159,585**
**160,564**| |---|---|---|---| continued... Page 13 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queen of Commonwealth
National Lottery SSM
Queen of City
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
**TOTAL FUNDS**|Incoming
resources
£
**24,231**
**3,900**
**-**
**36,136**
**-**
**-**
**97,579**
**137,615**
**161,846**
At
1.11.22
£
46,355
6,690
995
19,372
20,105
1,743
18,788
4,967
-
72,660
119,015|Resources
Movement
expended
in funds
£
£
**(50,318)**
**(26,087)**
**(4,114)**
**(214)**
**(52)**
**(52)**
**(25,738)**
**10,398**
**(327)**
**(327)**
**(21,850)**
**(21,850)**
**(997)**
**96,582**
**(53,078)**
**84,537**
**(103,396)**
**58,450**
Net
movement
At
in funds
31.10.23
£
£
(19,289)
27,066
3,478
10,168
(69)
926
4,830
24,202
1,483
21,588
(1,376)
367
2,454
21,242
-
4,967
(8,412)
(8,412)
2,388
75,048
(16,901)
102,114| |---|---|---| continued... Page 14 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
National Lottery SSM
**TOTAL FUNDS**|Incoming
resources
£
16,500
4,799
1
23,492
684
100
6,141
34,749
69,966
86,466|Resources
Movement
expended
in funds
£
£
(35,789)
(19,289)
(1,321)
3,478
(70)
(69)
(18,662)
4,830
799
1,483
(1,476)
(1,376)
(3,687)
2,454
(43,161)
(8,412)
(67,578)
2,388
(103,367)
(16,901)| |---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|At
1.11.22
£
46,355
6,690
995
19,372
20,105
1,743
18,788
4,967
-
-
72,660
119,015|Net
movement
in funds
£
(45,376)
3,264
(121)
15,228
1,483
(1,703)
2,454
-
(30,262)
96,582
86,925
41,549|At
31.10.24
£
979
9,954
874
34,600
21,588
40
21,242
4,967
(30,262)
96,582
159,585
160,564| |---|---|---|---| Page 15 continued... **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. 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**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|Incoming
resources
£
40,731
8,699
1
59,628
684
100
6,141
34,749
97,579
207,581
248,312|Resources
Movement
expended
in funds
£
£
(86,107)
(45,376)
(5,435)
3,264
(122)
(121)
(44,400)
15,228
799
1,483
(1,803)
(1,703)
(3,687)
2,454
(65,011)
(30,262)
(997)
96,582
(120,656)
86,925
(206,763)
41,549| |---|---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 October 2024. Page 16 ## **LGK IN THE COMMUNITY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Rates and water
Project management costs
Volunteer expenses
Motor and travelling expenses
Publication costs
Food and material costs
Telephone expense
Legal and Professional
Grants to institutions
Grants to individuals
**Other**
Motor vehicles
Computer equipment
**Support costs**
**Management**
Website and IT expenses
Total resources expended
**Net income/(expenditure)**|2024
£
**64,267**
**97,579**
**161,846**
**161,846**
**168**
**47,709**
**4,676**
**5,899**
**7,575**
**13,190**
**28**
**3,060**
**3,814**
**11,395**
**97,514**
**3,632**
**379**
**4,011**
**1,871**
**103,396**
**58,450**|2023
£
44,791
41,675
86,466
86,466
105
36,804
1,300
5,809
9,200
10,743
43
26
28,272
3,500
95,802
4,843
506
5,349
2,216
103,367
(16,901)| |---|---|---| This page does not form part of the statutory financial statements Page 17 **REGISTERED COMPANY NUMBER: 10418907 (England and Wales) REGISTERED CHARITY NUMBER: 1182273** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **FOR** **LGK IN THE COMMUNITY (A COMPANY LIMITED BY GUARANTEE)** Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS **LGK IN THE COMMUNITY** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** |||**Page**|| |---|---|---|---| |**Report of the Trustees**|1|to|4| |**Independent Examiner's Report**||5|| |**Statement of Financial Activities**||6|| |**Statement of Financial Position**|7|to|8| |**Notes to the Financial Statements**|9|to|16| |**Detailed Statement of Financial Activities**||17|| ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2024. 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 Vision** To bring communities closer together by developing a shared understanding of the role different groups and individuals have had in shaping today's society. ## **Mission** To promote cohesion between and within communities, at a neighbourhood level and globally, by highlighting the historic contributions made by a variety of communities To work with young people and the community at large to address wellbeing, health inequalities, food poverty and social cohesion To use the 'arts', culture, 'sport' and other tools to engage with people. ## **Aim** To explore, record, preserve and share the individual and collective heritage of groups and individuals. To develop initiatives to improve people's wellbeing. ## **Objectives** The prevention and relief of poverty for the public benefit in Birmingham by providing donations of food for local food banks. The advancement of education for the public benefit in Birmingham by providing workshops relating to healthy eating and nutrition, cooking on a budget and health and safety procedures in the handling and preparation of food. For the public benefit to promote the relief of elderly people resident in Birmingham by providing a befriending service and group opportunities for social contact and interaction designed to relieve social isolation and lowliness. ## **Significant activities** To advance the education for the public benefit in all aspects of the culture, arts, wellbeing, heritage and social history, including those that are disadvantaged from different racial groups in the West Midlands and globally. In so doing promoting the cohesion between and within such groups. Delivering healthy cooked food around the city using a vehicle as a portable kitchen. The vehicle is also used to collect and distribute food for the food bank element of the organisation.The vehicle is to be owned by the charity, LGK. All the funding and donations received will be applied for the charitable purposes only. Food may be prepared in the kitchen facility provided free of charge by the charity's supporters at their residences or other venues where an event is organised. Teaching how to cook healthy meals for the community to promote good health as well as the organisation of food banks which will assist some of the needy communities in the city as well as the country. ## **Grantmaking** The Trustees consider applications received for grant and approve on the merits and objectives for which such grants may be used for. Page 1 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **OBJECTIVES AND ACTIVITIES** ## **Volunteers** The value of services provided by volunteers is not incorporated in these financial statements. However, payments are made to cover the volunteers' actual expenses which are included in the financial statements. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Providing food banks and education in respect of healthy diets. Organising food based events in order to raise funds for the charity which is used to help those in need of nutritional education and adequate food provision. Delivering healthy cooked food around the city using a vehicle as a portable kitchen. The vehicle is also used to collect and distribute food for the food bank element of the organisation. Teaching how to cook healthy meals for the community to promote good health as well as the organisation of food banks which will assist some of the needy communities in the city as well as the country. ## **Fundraising activities** Organising Pop-up Taverna and serving healthy meals to generate donations. Publishing and selling book relating to the evolution of Greek Cypriot cuisine into British society. ## **FINANCIAL REVIEW** ## **Principal funding sources** The future of Charity's services is dependent on continued support from statutory sources and income from grants and donations, which are essential for the maintenance and expansion of services to meet the increasing demand. The Charity provides essential services and develops unique training projects that help to profile/meet the needs of the public and is supported in part by Local Authority, Big Lottery Fund and Heritage Lottery Fund. Although such funding continues, demand for projects, services, and an increase in core costs considerably outweighs the funding provided by these sources, to the extent that the Charity has to continually look for funding from other organisations, charitable and corporate bodies and individual donors. ## **Reserves policy** The Board of Trustees is responsible for deciding how to invest the Charity's reserves. The appropriate level of reserves is established through an annual review of the Charity's requirements and stated in the financial report. The Treasurer is responsible for proposing to the Board the balance of cash on deposit and investments, and acts on the Board's instructions. Taking into account the impact on future grants and donations receivable, the trustees may have to limit the charity's activities within the reserves available. ## **Review of transactions, financial performance and funds** As shown in the Statement of Financial Activities (page 6) total income for the period to 31 October 2024 amounted to £161,846. Expenditure in the furtherance of charitable activities totalled £103,396. The Charity resulted in a Net resources surplus of £58,450. ## **FUTURE PLANS** In light of the current economical climate the organisation will review its business plan / operational model to help it ensure sustainability and will make any changes needed. It remains committed to supporting the primary beneficiaries of our activities and services and will aim to continue delivery of a programme of key activities and associated services. The organisation plans to continue working strategically to help achieve our objectives. Page 2 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **Recruitment and appointment of new trustees** Every person who wishes to be a Member and a trustee as such, shall deliver to the Company an application for membership in such form as the Directors require executed by that person. At the next meeting of the Directors after the receipt of any application for membership, the application shall be considered by the Directors who shall decide upon the admission or rejection of the applicant. ## **Organisational structure** The Charity has a Management Committee of up to six members who meet regularly and are responsible for strategic direction and policy of the charity. At present the committee has six members from a variety of backgrounds relevant to the work of the charity. The committee is made up of the trustees. A scheme of delegation is in place and day to day responsibility for the provision of services rest with the trustees.. The trustees are responsible for ensuring that the charity delivers the services specified and that key performance indicators are met. ## **Induction and training of new trustees** New trustees receive a comprehensive induction package, with information covering the duties of a trustee, a trustee job description and service agreement, an outline of the vision, mission and implementation of the charity's services, the latest Report and Accounts, current year's budget and latest management accounts. Trustees are encouraged to make use of the training and conference opportunities provided by the NVCO and other bodies. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 10418907 (England and Wales) ## **Registered Charity number** 1182273 ## **Registered office** Nash Dom Community Hub Sun Street Walsall WS1 4AL ## **Trustees** Mrs L Malla Trustee Mrs O Hazell Trustee Mr Y K Gupta Trustee Page 3 ## **LGK IN THE COMMUNITY** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Independent Examiner** Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 22 July 2025 and signed on its behalf by: Mrs O Hazell - Trustee Page 4 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LGK IN THE COMMUNITY** ## **Independent examiner's report to the trustees of LGK In The Community ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2024. ## **Responsibilities and basis of report** As the charity's trustees of the 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 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 2011 ('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 matters have come to my attention in connection with the examination giving me cause to believe: 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. Mr Michael Filiou FCCA Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS 22 July 2025 Page 5 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024** |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**24,231**
**EXPENDITURE ON**
**Charitable activities**
3
Food Bank
**-**
Donations
**10,895**
Publication Cost
**7,575**
Travelling Expense
**5,324**
Project Management
**25,153**
Other
**1,371**
**Total**
**50,318**
**NET INCOME/(EXPENDITURE)**
**(26,087)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**27,066**
**TOTAL FUNDS CARRIED FORWARD**
**979**|Restricted
funds
£
**137,615**
**13,190**
**4,314**
**-**
**575**
**30,488**
**4,511**
**53,078**
**84,537**
**75,048**
**159,585**|**2024**
**Total**
**funds**
**£**
**161,846**
**13,190**
**15,209**
**7,575**
**5,899**
**55,641**
**5,882**
**103,396**
**58,450**
**102,114**
**160,564**|2023
Total
funds
£
86,466
10,743
31,772
9,200
5,809
38,278
7,565
103,367
(16,901)
119,015
102,114| |---|---|---|---| The notes form part of these financial statements Page 6 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2024** |Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
9
**-**
**CURRENT ASSETS**
Cash at bank
**1,579**
**CREDITORS**
Amounts falling due within one year
10
**(600)**
**NET CURRENT ASSETS**
**979**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**979**
**NET ASSETS**
**979**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**12,032**
**178,755**
**(31,202)**
**147,553**
**159,585**
**159,585**|**2024**
**Total**
**funds**
**£**
**12,032**
**180,334**
**(31,802)**
**148,532**
**160,564**
**160,564**
**979**
**159,585**
**160,564**|2023
Total
funds
£
16,043
96,023
(9,952)
86,071
102,114
102,114
27,066
75,048
102,114| |---|---|---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes form part of these financial statements continued... Page 7 ## **LGK IN THE COMMUNITY** ## **STATEMENT OF FINANCIAL POSITION - continued 31 OCTOBER 2024** These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 22 July 2025 and were signed on its behalf by: Mrs O Hazell - Trustee The notes form part of these financial statements Page 8 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, 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 Companies Act 2006. 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. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles - 25% on reducing balance Computer equipment - 25% on reducing balance ## **Taxation** The charity is exempt from corporation 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 9 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **2. DONATIONS AND LEGACIES** |Donations
Grants
Grants received, included in the above, are as follows:
Heritage Lottery
Queen of Commonwealth
Holiday Activity Fund
Queens of Amathus
National Lottery SSM|**2024**
**£**
**64,267**
**97,579**
**161,846**
**2024**
**£**
**97,579**
**-**
**-**
**-**
**-**
**97,579**||2023
£
44,791
41,675| |---|---|---|---| ||||86,466| ||||2023
£
-
100
6,141
684
34,750| ||||41,675| ## **3.** ## **CHARITABLE ACTIVITIES COSTS** |Food Bank
Donations
Publication Cost
Travelling Expense
Project Management|Grant
funding of
activities
Direct
(see note
Costs
4)
£
£
**13,190**
**-**
**-**
**15,209**
**7,575**
**-**
**5,899**
**-**
**55,641**
**-**
**82,305**
**15,209**|Totals
£
**13,190**
**15,209**
**7,575**
**5,899**
**55,641**| |---|---|---| |||**97,514**| continued... Page 10 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **4. GRANTS PAYABLE** |Donations
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2024**
**£**
**15,209**
**2024**
**£**
**4,011**|2023
£
31,772| |---|---|---| |||2023
£
5,349| ## **5. NET INCOME/(EXPENDITURE)** ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. ## **7. STAFF COSTS** The average number of employees for the year is 0 (2021 - 0). ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
16,500
**EXPENDITURE ON**
**Charitable activities**
Food Bank
433
Donations
8,500
Publication Cost
5,000
Travelling Expense
5,276
Project Management
15,212
Other
1,366
**Total**
35,787
**NET INCOME/(EXPENDITURE)**
(19,287)|Restricted
funds
£
69,966
10,310
23,272
4,200
533
23,066
6,199
67,580
2,386|Total
funds
£
86,466
10,743
31,772
9,200
5,809
38,278
7,565
103,367
(16,901)| |---|---|---| continued... Page 11 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** |**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
fund
funds
£
£
**RECONCILIATION OF FUNDS**
Total funds brought forward
46,355
72,660
**TOTAL FUNDS CARRIED FORWARD**
27,068
75,046
**9.**
**TANGIBLE FIXED ASSETS**
Motor
Computer
vehicles
equipment
£
£
**COST**
At 1 November 2023 and 31 October 2024
**34,438**
**4,661**
**DEPRECIATION**
At 1 November 2023
**19,910**
**3,146**
Charge for year
**3,632**
**379**
At 31 October 2024
**23,542**
**3,525**
**NET BOOK VALUE**
At 31 October 2024
**10,896**
**1,136**
At 31 October 2023
14,528
1,515
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Bank loans and overdrafts (see note 11)
**31,202**
Accruals and deferred income
**600**
**31,802**|Total
funds
£
119,015
102,114
Totals
£
**39,099**
**23,056**
**4,011**
**27,067**
**12,032**
16,043
2023
£
9,352
600
9,952| |---|---| continued... Page 12 ## **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **11. LOANS** An analysis of the maturity of loans is given below: |Amounts falling due within one year on demand:
Bank overdrafts
**12.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|At
1.11.23
£
**27,066**
**10,168**
**926**
**24,202**
**21,588**
**367**
**21,242**
**4,967**
**(8,412)**
**-**
**75,048**
**102,114**|**2024**
**£**
**31,202**
Net
movement
in funds
£
**(26,087)**
**(214)**
**(52)**
**10,398**
**-**
**(327)**
**-**
**-**
**(21,850)**
**96,582**
**84,537**
**58,450**|2023
£
9,352
At
31.10.24
£
**979**
**9,954**
**874**
**34,600**
**21,588**
**40**
**21,242**
**4,967**
**(30,262)**
**96,582**
**159,585**
**160,564**| |---|---|---|---| continued... Page 13 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queen of Commonwealth
National Lottery SSM
Queen of City
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
**TOTAL FUNDS**|Incoming
resources
£
**24,231**
**3,900**
**-**
**36,136**
**-**
**-**
**97,579**
**137,615**
**161,846**
At
1.11.22
£
46,355
6,690
995
19,372
20,105
1,743
18,788
4,967
-
72,660
119,015|Resources
Movement
expended
in funds
£
£
**(50,318)**
**(26,087)**
**(4,114)**
**(214)**
**(52)**
**(52)**
**(25,738)**
**10,398**
**(327)**
**(327)**
**(21,850)**
**(21,850)**
**(997)**
**96,582**
**(53,078)**
**84,537**
**(103,396)**
**58,450**
Net
movement
At
in funds
31.10.23
£
£
(19,289)
27,066
3,478
10,168
(69)
926
4,830
24,202
1,483
21,588
(1,376)
367
2,454
21,242
-
4,967
(8,412)
(8,412)
2,388
75,048
(16,901)
102,114| |---|---|---| continued... Page 14 **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
National Lottery SSM
**TOTAL FUNDS**|Incoming
resources
£
16,500
4,799
1
23,492
684
100
6,141
34,749
69,966
86,466|Resources
Movement
expended
in funds
£
£
(35,789)
(19,289)
(1,321)
3,478
(70)
(69)
(18,662)
4,830
799
1,483
(1,476)
(1,376)
(3,687)
2,454
(43,161)
(8,412)
(67,578)
2,388
(103,367)
(16,901)| |---|---|---| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
Celebrating Community Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|At
1.11.22
£
46,355
6,690
995
19,372
20,105
1,743
18,788
4,967
-
-
72,660
119,015|Net
movement
in funds
£
(45,376)
3,264
(121)
15,228
1,483
(1,703)
2,454
-
(30,262)
96,582
86,925
41,549|At
31.10.24
£
979
9,954
874
34,600
21,588
40
21,242
4,967
(30,262)
96,582
159,585
160,564| |---|---|---|---| Page 15 continued... **LGK IN THE COMMUNITY** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2024** ## **12. 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**
Festive Food Bank
Amathus to Birmingham
Taverna Pop Up
Queens of Amathus
Queen of Commonwealth
Holiday Activity Fund
National Lottery SSM
Queen of City
**TOTAL FUNDS**|Incoming
resources
£
40,731
8,699
1
59,628
684
100
6,141
34,749
97,579
207,581
248,312|Resources
Movement
expended
in funds
£
£
(86,107)
(45,376)
(5,435)
3,264
(122)
(121)
(44,400)
15,228
799
1,483
(1,803)
(1,703)
(3,687)
2,454
(65,011)
(30,262)
(997)
96,582
(120,656)
86,925
(206,763)
41,549| |---|---|---| ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 October 2024. Page 16 ## **LGK IN THE COMMUNITY** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Rates and water
Project management costs
Volunteer expenses
Motor and travelling expenses
Publication costs
Food and material costs
Telephone expense
Legal and Professional
Grants to institutions
Grants to individuals
**Other**
Motor vehicles
Computer equipment
**Support costs**
**Management**
Website and IT expenses
Total resources expended
**Net income/(expenditure)**|2024
£
**64,267**
**97,579**
**161,846**
**161,846**
**168**
**47,709**
**4,676**
**5,899**
**7,575**
**13,190**
**28**
**3,060**
**3,814**
**11,395**
**97,514**
**3,632**
**379**
**4,011**
**1,871**
**103,396**
**58,450**|2023
£
44,791
41,675
86,466
86,466
105
36,804
1,300
5,809
9,200
10,743
43
26
28,272
3,500
95,802
4,843
506
5,349
2,216
103,367
(16,901)| |---|---|---| This page does not form part of the statutory financial statements Page 17