Charity Registration No .
1182330
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION
A Charitable Incorporated Organisation (CIO)
TRUSTEES' REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2021
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | District Governor | Ujjal Kular |
|---|---|---|
| 1st Vice District Governor | David Pope | |
| 2nd Vice District Governor | Chris Hibbert | |
| District Treasurer | Paula Mellows | |
| District Secretary | Keith Radley | |
| Immediate Past District Governor | Gurcharan Manku | |
| Trustee | Derek Blow | |
| Trustee | Alan Hall | |
| Secretary to the Trustees | Keith Radley | |
| Charity Number | 1182330 | |
| Principal Address | 8 Wedgewood Close | |
| Lincoln | ||
| LN6 3LS | ||
| Independent Examiner | S Raja ACPA | |
| M Aslam Accountants | ||
| 259 Mansfield Road | ||
| Nottingham | ||
| NG1 3FT | ||
| Bankers | CAF Bank Ltd | Lloyds Bank Plc |
| 25 Kings Hill Avenue | 202 High Street | |
| Kings Hill | Lincoln | |
| West Malling | LN5 7AP | |
| Kent | ||
| ME19 4JQ |
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) CONTENTS
| Trustees' Report Independent Examiner's Report Statement of financial activities for the year Balance Sheet Notes to the financial statements |
Page |
|---|---|
| 1 - 2 3 4 5 6 - 9 |
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
History, objectives and activities of the Trust
The District is a member of the International Association of Lions Clubs, and was established as a Charitable Incorporated Organisation (CIO) on the 5th March 2019
The Foundation's objectives and activities are such purposes which are exclusively charitable according to the laws of England and Wales as the trustees shall in their absolute discretion determine, including (but not limited to):
-
Promoting without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating with the local authorities and voluntary organisations in a common effort to advance education and to provide facilities in the interests of social welfare;
-
The relief of sickness or disability and preservation of good health including the prevention of avoidable blindness;
-
To help young people, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society;
-
Promoting for the benefit of the public the conservation, protection and improvement of the physical and natural environment;
-
The relief and assistance of people in any part of the world who are victims of war or natural disaster, trouble or catastrophe.
Throughout the year, the Trustees have paid regard to the Charity Commission's guidance on public benefit in dealing with the objectives and activities of the Foundation.
The Foundation relies on the surpluses made on fundraising events, and on occasional donations from the public, to provide the funds with which to carry out its objectives. All administrative expenses of the District are met from subscriptions paid by its members. There has been no change in these policies during the year.
The work of the CIO is carried out entirely by volunteers.
From time to time as appropriate, the Foundation works closely with other local and national agencies, with Lions Clubs, and with Lions Clubs International to achieve its objectives.
Management and governance arrangements
The Foundation is governed by its CIO document dated 5th March 2019, and by the Constitutions and By-Laws of Lions Clubs International, as revised from time to time.
The Trustees are appointed from time to time as appropriate by the members of the District, and have overall responsibility to ensure that the Foundation operates in accordance with Charity law and the District's CIO document. The day-to-day running of the District is overseen by the DG Team elected each year by the members, and which forms and governs such committees as it deems appropriate for the effective running of the District. All business of the District is ratified by the Cabinet in general meetings, which meetings are held at least once per quarter.
The Foundation is ably supported by the volunteer services of its members and others.
Trustees
Details of the Trustees who have served throughout the year are set out under legal and administrative information at the front of these accounts.
Financial review, investment policy, reserves and risk
Financial review: The donated income of the Charity during this financial year was £55,160 (2020 £101,009). The donations made were £54,308 (2020 £88,212). As shown in the statement of financial activities on page 4
Investment policy: The District Treasurer will obtain the best interest rate available from the Banking System on the funds held in the Foundation.
It is the policy of the District to maintain unrestricted funds only to the extent that they are expected to be required within the forseeable future to meet the objectives of the District. The adequacy of the reserves policy is reviewed periodically.
The Trustees have considered the major risks to which the District is exposed to satisfy themselves that systems are in place to mitigate those risks.
- 1 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) TRUSTEES ANNUAL REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
Statement of trustees' responsibilities
Charity law requires the trustees to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of its financial activities for that period.
In preparing the financial statements the Trustees are required to:
-
Select suitable accounting policies and then apply them consistently;
-
Make sound judgements and estimates that are reasonable and prudent;
-
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Independent Examiner
The Trustees intend to ask the existing independent examiner to undertake the independent examination of the Trust in the following year.
Approved by the Trustees on 17th January 2022 and signed on their behalf.
Paula Mellows District Treasurer & Trustee
- 2 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LCI DISTRICT 105CE FOUNDATION
I report on the accounts of the LCI District 105CE Foundaton for the year ended 30 June 2021, which are set out on pages 4 to 9.
The Foundation was established as a Charitable Incorporated Organisation on the 5th March 2019
Respective responsibilities of trustees and independent examiner
The Foundation's trustees are responsible for the preparation of the financial statements. The Foundation's trustees consider that an audit is not required for this year (under section 144 of the Charities Act 2011 (the Act) and that, by its constitution, an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the Act);
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act); and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In the course of my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements to ensure that:
-
proper accounting records are kept (in accordance with section 130 of the 2011 Act); and
-
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
-
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ................................ Dated: 16/02/2022
S Raja ACPA M Aslam Accountants 259 Mansfield Road Nottingham NG1 3FT
- 3 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2021
| Unrestricted funds Notes £ INCOMING RESOURCE From generated funds:- Voluntary income: Grants and donations 3 160 Other activities Activities for generating funds 4 30 Investment income 5 - 190 From charitable activities:- Members' contributions 6 - Other charitable activities 6 30 TOTAL INCOMING RESOURCES 220 RESOURCES EXPENDED Cost of generating funds: Fundraising events 7 - Charitable activities Donations and Grants - MD & International 8 224 Donations and Grants - District 8 - Other charitable activities 8 - Administration costs 9 30 TOTAL RESOURCES EXPENDED 254 Net (outgoing)/incoming resources before transfers (34) Stock Purchase (30) Transfers between funds 11 1,380 NET MOVEMENT IN FUNDS 1,316 Fund balances at 1 July 2020 1,967 FUND BALANCES AT 30 JUNE 2021 11 3,283 |
Restricted funds £ 55,000 - 2 55,002 - - 55,002 - 46,559 7,525 - - 54,084 918 (1,380) (462) 13,415 12,953 |
Total 2021 £ 55,160 30 2 55,192 - 30 55,222 - 46,783 7,525 - 30 54,338 884 (30) - 854 15,382 16,236 |
Total 2020 £ - 101,009 2,830 20 |
|---|---|---|---|
| 103,859 - 265 |
|||
| 104,124 | |||
| - 82,017 6,795 95 70 |
|||
| 88,977 | |||
| 15,147 235 - |
|||
| 15,382 - |
|||
| 15,382 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities
- 4 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) BALANCE SHEET FOR THE YEAR ENDED 30 JUNE 2021
| Notes CURRENT ASSETS Brain Tumour Pins Cash at bank and in hand NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES TOTAL NET ASSETS ACCUMULATED FUNDS Unrestricted funds 12 Restricted funds 12 |
£ 205 16,031 16,236 |
2021 £ 16,236 16,236 16,236 3,283 12,953 16,236 |
£ 235 15,147 15,382 |
2020 £ 15,382 |
|---|---|---|---|---|
| 15,382 | ||||
| 15,382 | ||||
| 1,967 13,415 |
||||
| 15,382 |
The notes attached form part of these accounts
The accounts were approved by the Trustees on 17th January 202 and signed on their behalf.
…………………………..
Paula Mellows
District Treasurer & Trustee
- 5 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2021
1 Accounting policies
The LCI District 105CE Foundation is a Charitable Incorporated Organisation registered with the Charity Commission in England and Wales (number 1182330). The registered office is at 8 Wedgewood Close, Lincoln LN6 3LS
a) Basis of preparation
The financial statements are prepared under the historical cost convention, and in accordance with applicable accounting standards (including FRS102: "The Financial Reporting Standard applicable in the UK and Republic of Ireland"), the Charities SORP (FRS102) 2015 (Accounting and Reporting by Charities) and the Charities Act 2011.
These financial statements are prepared in GBP Sterling, which is the functional currency of the District. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in these notes.
The LCI District 105CE Foundation meets the definition of a public benefit entity under FRS102. The Trustees consider that there are no material uncertainties about the Lions Foundation's ability to continue as a going concern.
b) Incoming resources
Voluntary income, including donations, gifts, legacies and grants, are recognised where there is entitlement and certainty of receipt, and the amount can be measured with sufficient reliability. Such income is only deferred when:
-
The donor specifies that the grant or donation must only be used in future accounting periods: or
-
The donor has imposed conditions which must be met before the charity has unconditional entitlement.
Fundraising income and members' contributions are recognised when they fall due.
Investment income are recognised on a receivable basis.
c) Volunteers and donated services and facilities
The value of services provided by volunteers is not incorporated into these financial statements. Further details of the invaluable contribution made by volunteers can be found in the trustees' annual report. Where services are provided to the District as a donation that would normally be purchased from a third party, this contribution is recognised in the financial statements at an estimate based on the value of the contribution to the charity.
d) Resources expended
Expenditure is recognised when a liability is incurred.
-
Costs of generating funds are those incurred in running fundraising events and in attracting voluntary
-
● income.
-
Charitable activities include expenditure made in furthering the objectives of the District, and in promoting
-
● volunterism.
-
Governance costs include those incurred in the governance of the charity and its assets and are primarily
-
● associated with constitutional and charity law requirements.
e) Stocks
Stock is valued at the lower of cost and net realisable value.
f) Cash at bank and in hand
Included within cash at bank and in hand are deposit balances of £15,147 (2020: £16,031).
g) Foreign Currency Transactions
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the statement of financial activities.
- 6 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
2 Taxation
The Foundation is a Charitable Incorporated Organisation registered with the Charity Commission in England and Wales. Therefore, it is exempt from taxation on its income and gains where they are applied for charitable purposes.
3 Grants & Donations
| Sight Savers - Eye Camps Water Aid LCIF - Undesignated LCIF - Australia Fires LCIF - Japan (Typhoon Hagibis) LCIF – International Disaster Relief LCIF – Area of most Need LCIF - Bahamas (Hurricane Dorian) LCIF - Eyes in India LCIF - Youth Projects LCIF - Diabetes LCIF - India LCIF - Korle Bu LCIF - Croatia LCIF - Beirut Special Olympics MD Youth Programme Medic Alert LIBRA Railway Children/Street Children Fed of Disability Sports MD Disasters Appeal Gift for Living Spot Camera Brain Tumour DG Partners Appeal Lifestraws (Tfr from District E) Humberside Lifestyles (Tfr from District E) District Youth Fund Bethlehem Appeal UNICEF - School in a Box Community Award Young Ambassador |
Unrestricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 160 - 160 |
Restricted funds £ 2,700 1,650 - 305 1,426 8,740 - - - - - 8,100 450 3,630 6,776 125 6,366 250 450 - 125 250 - 100 2,950 7,577 - - 840 1,600 500 - 90 55,000 |
Total 2021 £ 2,700 1,650 - 305 1,426 8,740 - - - - - 8,100 450 3,630 6,776 125 6,366 250 450 - 125 250 - 100 2,950 7,577 - - 840 1,600 500 160 90 55,160 |
Total 2020 £ 9,610 950 4,266 26,200 1,450 950 100 9,400 100 100 100 - - - - 325 6,557 250 500 250 125 16,360 200 3,476 4,300 13,751 830 850 10 - - - - |
|---|---|---|---|---|
| 101,009 |
| 4 5 6 |
Activities for generating funds Tfr from District EA Trust Fund Tfr from District EA Trust Fund - Fun Day Tfr from District E Foundation - Youth Fund Tfr from District EA Trust Fund - Youth Fund Tfr from Admin Account to pay Bank Charges Investment Income Interest receivable (Credited to DG Partners Appeal) Income from charitable activities Sale of Brain Tumour Pins |
Unrestricted funds £ - - - - 30 30 Unrestricted funds £ - Unrestricted funds £ 30 - 30 |
Restricted funds £ - - - - - - Restricted funds £ 2 Restricted funds £ - - - |
Total 2021 £ - - - - 30 30 Total 2021 £ 2 Total 2021 £ 30 - 30 |
Total 2020 £ 1,467 95 1,071 127 70 |
|---|---|---|---|---|---|
| 2,830 | |||||
| Total 2020 £ 20 |
|||||
| Total 2020 £ 265 - |
|||||
| 265 |
Explanatory note: Brain Tumour Pins were original purchased (cost £500) using Unrestricted funds from District EA Charity Trust Fund so the sale of said pins were paid back to the Foundation (Foundation was created from the closure of District E Foundation and District EA Charity Trust) 41 pins at a cost of £5 each are still held by the District for sale. Income received from Bank Interest was credited to the DG Partners Appeal this year.
- 7 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
| 7 | Cost of generating funds | Unrestricted | Restricted | Total | Total |
|---|---|---|---|---|---|
| funds | funds | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| - | - | - | - | ||
| - | - | - | - | ||
| 8 | Charitable Activities | Unrestricted | Restricted | Total | Total |
| funds | funds | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Donations and Grants - MD & International | |||||
| Sight Savers - Eye Camps | - | 2,700 | 2,700 | 9,610 | |
| Water Aid | - | 1,650 | 1,650 | 950 | |
| LCIF - Undesignated | - | - | - | 4,266 | |
| LCIF - Australia Fires | - | 305 | 305 | 26,200 | |
| LCIF - Japan (Typhoon Hagibis) | - | 1,426 | 1,426 | 1,450 | |
| LCIF – International Disaster Relief | - | 8,740 | 8,740 | 950 | |
| LCIF – Area of most Need | - | - | - | 100 | |
| LCIF - Bahamas (Hurricane Dorian) | - | - | - | 9,400 | |
| LCIF - Eyes in India | - | - | - | 100 | |
| LCIF - Youth Projects | - | - | - | 100 | |
| LCIF - Diabetes | - | - | - | 100 | |
| LCIF - India | - | 8,100 | 8,100 | - | |
| LCIF - Korle Bu | - | 450 | 450 | - | |
| LCIF - Croatia | - | 3,630 | 3,630 | - | |
| LCIF - Beirut | - | 6,776 | 6,776 | - | |
| Special Olympics | - | 125 | 125 | 325 | |
| MD Youth Programme | - | 6,442 | 6,442 | 6,481 | |
| Medic Alert | - | 250 | 250 | 250 | |
| LIBRA | - | 450 | 450 | 500 | |
| Railway Children/Street Children | - | - | - | 250 | |
| Fed of Disability Sports | - | 125 | 125 | 125 | |
| MD Disasters Appeal | - | 250 | 250 | 16,360 | |
| Gift for Living | - | - | - | 200 | |
| Brain Tumour | - | 2,950 | 2,950 | 4,300 | |
| UNICEF - School in a Box | - | 500 | 500 | - | |
| Bethlehem Appeal | - | 1,600 | 1,600 | - | |
| Young Ambassador | - | 90 | 90 | - | |
| Twinning Project - Malawi School | 224 | - | 224 | - | |
| - | - | - | - | ||
| 224 | 46,559 | 46,783 | 82,017 | ||
| Donations and Grants - District | |||||
| DG Partners Appeal | - | 7,225 | 7,225 | 6,795 | |
| Humberside Lifestyles Refunds | - | 300 | 300 | - | |
| - | 7,525 | 7,525 | 6,795 |
District Fund Day: Monies were transferred in to the Foundation at the beginning of the financial year from the EA Charity Trust, monies are to be used to hold a Fun Day for disadvantaged children - The committee that run this event now hold their own accounts so the residue monies were transferred to them for use at future events.
Other activities
| 9 | District Fun Day Governance costs Bank Charges for Account |
- - Unrestricted funds £ 30 - 30 |
- - Restricted funds £ - - - |
- - Total 2021 £ 30 - 30 |
95 |
|---|---|---|---|---|---|
| 95 | |||||
| Total 2020 £ 70 - |
|||||
| 70 |
10 Employee and Trustees' expenses
There were no employees during the year (2020-21: none).
None of the Trustees was paid any remuneration or expenses by the charity during the year (2020-21: none) in their capacity as Trustees.
- 8 -
LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021
11 Analysis of charitable funds
Analysis of unrestricted fund movements
| Unrestricted funds General fund General fund (Pins) Restricted funds District Youth Fund MD Youth Programme Spot Camera DG's Partner Appeal Lifestraws Humberside Lifestyles |
Balance 01/07/2020 £ 1,967 (235) 1,208 76 3,476 6,976 830 850 15,147 |
Incoming Resources £ 160 30 840 6,366 100 7,579 - - 15,075 |
Resources Expended £ 224 - - 6,442 - 7,226 300 - 14,192 |
Transfers £ 1,380 - - - - - (530) (850) - |
Balance £ 3,283 (205) 2,048 - 3,576 7,329 - - 16,031 30/06/2021 |
Value of Stock Held £ - 205 - - - - - - |
|---|---|---|---|---|---|---|
| 205 |
The general fund comprises funds raised and donations received which have not been restricted by the donors or designated by the Trustees for a particular use. The Trustees are entitled to allocate such funds as they see fit towards the objects of the Foundation
District Youth Fund: This fund is used to pay for Youth projects that the District and Trustees deem suitable, some of the projects that are currently sponsored include the District Young Ambassador to attend the MD final, The District Peace Poster Final and a donation to clubs to help in the set up of a Leo's club.
MD Youth Fund: The principle project supported by the MD Youth fund is the Young Musician Programme which encourages talented young musicians throughout the United Kingdom and Europe, by presenting a musical prize. Preliminary competitions are held in the participating countries with a competition being held at a European Forum. The Fund also holds funds to benefit youth Programmes awaiting distribution by the Trustees.
Spot Camera: These are funds that are being held by the District for the Purchase of Cameras that help in the detection of Sight problems in children.
DG's Partner Appeal: This fund is for donations and monies received/raised for the DG's Partners Appeal - this years monies will be donated to Diabetes
Lifestraws: This appeal is no longer in existence and as its been over 5 years the Trustees have transferred the monies to unrestricted and to be used by the trustees on other Charitable activities.
Humberside Lifestyles: As this project was cancelled all clubs that donated monies were asked if they wanted a refund - any monies remaining in the Foundation would become unrestricted and for use by the trustees on other Charitable activities.
12 Analysis of net assets between funds
Fund balances at 30 June 2021 are represented by:-
| Current assets - Funds - Stock Total |
Unrestricted funds £ 3,078 205 3,283 |
Restricted funds £ 12,953 - 12,953 |
Total £ 16,031 205 |
|---|---|---|---|
| 16,236 |
- 9 -