1182330
**Charity Registration No** .
## **LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION**
**A Charitable Incorporated Organisation (CIO)**
**TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 30 JUNE 2023**
## **LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) LEGAL AND ADMINISTRATIVE INFORMATION**
|Trustees|District Governor|Chris Hibbert|
|---|---|---|
||1st Vice District Governor|Paul Southerton|
||2nd Vice District Governor|Colin Talbot|
||District Treasurer|Paula Mellows|
||District Secretary|Keith Radley|
||Immediate Past District Governor|David Pope|
||Trustee|Derek Blow|
||Trustee|Alan Hall|
||Trustee|John Potter|
||Trustee|Cyril Graham Venables|
|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 2023**_
## **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 £118,077 (2022 £145,321). The donations made were £106,710 (2022 £139,206). 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 2023**_
## **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 28/02/2024 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 2023, 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: 28/02/2024 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 2023**_
|**Unrestricted**
**funds**
**Notes**
**£**
**INCOMING RESOURCE**
**From generated funds:-**
_Voluntary income:_
Grants and donations
**3**
-
_Other activities_
Activities for generating funds
**4**
-
_Investment income_
**5**
1
1
**From charitable activities:-**
Members' contributions
**6**
-
Other charitable activities
**6**
-
**TOTAL INCOMING RESOURCES**
1
**RESOURCES EXPENDED**
**Cost of generating funds:**
Fundraising events
**7**
-
**Charitable activities**
Donations and Grants - MD & International
**8**
-
Donations and Grants - District
**8**
-
Other charitable activities
**8**
-
**Administration costs**
**9**
-
**TOTAL RESOURCES EXPENDED**
-
**Net (outgoing)/incoming**
**resources before transfers**
1
Stock Purchase
-
**Transfers between funds**
**11**
**NET MOVEMENT IN FUNDS**
1
Fund balances at 1 July 2022
3,284
**FUND BALANCES AT 30 JUNE 2023**
**11**
3,285|**Restricted**
**funds**
**£**
116,477
-
1,599
118,076
-
-
118,076
-
106,133
576
-
-
106,710
11,367
-
11,367
18,907
30,273|**Total**
**2023**
**£**
116,477
-
1,600
118,077
-
-
118,077
-
106,133
576
-
-
106,710
11,367
-
-
11,367
22,191
33,558|**Total**
**2022**
**£**
-
145,144
-
17|
|---|---|---|---|
||||145,161
-
160|
||||145,321|
||||-
129,686
9,520
-
-|
||||139,206|
||||6,115
(160)
-|
||||5,955
16,236|
||||22,191|
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 2023**_
|**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**|**£**
45
33,513
33,558|**2023**
**£**
33,558
33,558
33,558
3,285
30,273
33,558|**£**
45
22,146
22,191|**2022**
**£**
22,191|
|---|---|---|---|---|
|||||22,191|
|||||22,191|
|||||3,284
18,907|
|||||22,191|
The notes attached form part of these accounts
The accounts were approved by the Trustees on 28/02/2024 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 2023**_
## **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 £33,513 (2022: £22,146).
## **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 2023**_
## **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 - Puerto Rico_
_LCIF – International Disaster Relief_
_LCIF – European Floods_
_LCIF - Haiti_
_LCIF - Madagascar_
_LCIF - Tonga_
_LCIF - US Tornados_
_LCIF - India_
_LCIF - Korle Bu_
_LCIF - Pakistan_
_LCIF - Mississippi_
_LCIF - Ukraine_
_LCIF - Florida_
_LCIF - Turkey_
_LCIF - Childhood Cancer_
_Special Olympics_
_MD Youth Programme_
_Medic Alert_
_LIBRA_
_Ball 4 All_
_Fed of Disability Sports_
_Gift for Living_
_Spot Camera_
_Lions Brain Tumour_
_DG Partners Appeal_
_Hearing Equipment_
_MD Refugee Appeal_
_District Youth Fund_
_Help Ukraine_
_Romanian Pride_
_Food 4 All_
_Young Ambassador_|**Unrestricted**
**funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Restricted**
**funds**
**£**
2,560
2,050
11,840
2,650
2,964
-
-
-
-
-
-
2,100
8,836
1,700
5,633
1,100
32,408
685
125
6,150
50
450
1,250
1,725
65
685
15,467
11,267
-
-
820
3,500
100
277
20
116,477|**Total**
**2023**
**£**
2,560
2,050
11,840
2,650
2,964
-
-
-
-
-
-
2,100
8,836
1,700
5,633
1,100
32,408
685
125
6,150
50
450
1,250
1,725
65
685
15,467
11,267
-
-
820
3,500
100
277
20
116,477|**Total**
**2022**
**£**
2,610
1,500
500
-
11,463
3,300
6,400
3,050
8,000
1,550
388
-
-
-
60,980
-
-
-
475
6,444
300
700
4,198
125
100
-
16,496
13,093
50
2,552
870
-
-
-
-|
|---|---|---|---|---|
|||||145,144|
|**4**
**5**
**6**|**Activities for generating funds**
**Investment Income**
_Interest receivable (Cr to DG Partners Appeal)_
_Gift Aid_
**Income from charitable activities**
_Sale of Brain Tumour Pins_|**Unrestricted**
**funds**
**£**
-
-
**Unrestricted**
**funds**
**£**
-
1
1
**Unrestricted**
**funds**
**£**
-
-
-|**Restricted**
**funds**
**£**
-
-
**Restricted**
**funds**
**£**
356
1,243
1,599
**Restricted**
**funds**
**£**
-
-
-|**Total**
**2023**
**£**
-
-
**Total**
**2023**
**£**
356
1,244
1,600
**Total**
**2023**
**£**
-
-
-|**Total**
**2022**
**£**
-|
|---|---|---|---|---|---|
||||||-|
||||||**Total**
**2022**
**£**
16
1|
||||||17|
||||||**Total**
**2022**
**£**
160
-|
||||||160|
_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) 9 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._
_Gift Aid is distributed to the Appeals where the monies were donated - £421.35 Various LCIF Appeals, £111.46 DG Parters Appeal, £625 Help Ukraine, £69.25 Food 4 All, £16.25 Gift for Living and 65p to the General Fund_
- 7 -
## **LIONS CLUBS INTERNATIONAL DISTRICT 105CE FOUNDATION A Charitable Incorporated Organisation (CIO) NOTES TO THE ACCOUNTS (CONTINUED)** _**FOR THE YEAR ENDED 30 JUNE 2023**_
|**7**|**Cost of generating funds**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
|||-|-|-|-|
|||-|-|-|-|
|**8**|**Charitable Activities**|**Unrestricted**|**Restricted**|**Total**|**Total**|
|||**funds**|**funds**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
||**Donations and Grants - MD & International**|||||
||_Sight Savers - Eye Camps_|-|2,560|2,560|2,610|
||_Water Aid_|-|2,050|2,050|1,500|
||_LCIF - Undesignated_|-|11,840|11,840|500|
||_LCIF - Puerto Rico_|-|2,650|2,650|-|
||_LCIF - Pakistan_|-|8,836|8,836|-|
||_LCIF – International Disaster Relief_|-|3,198|3,198|11,463|
||_LCIF – European Floods_|-|-|-|3,300|
||_LCIF - Haiti_|-|-|-|6,400|
||_LCIF - Madagascar_|-|-|-|3,050|
||_LCIF - Tonga_|-|-|-|8,000|
||_LCIF - US Tornados_|-|-|-|1,550|
||_LCIF - India_|-|-|-|388|
||_LCIF - Korle Bu_|-|2,100|2,100|-|
||_LCIF - Turkey_|-|32,545|32,545|-|
||_LCIF - Childhood Cancer_|-|685|685|-|
||_LCIF - Ukraine_|-|7,179|7,179|59,483|
||_LCIF - Mississippi_|-|1,700|1,700|59,483|
||_LCIF - Florida_|-|1,000|1,000|59,483|
||_Special Olympics_|-|125|125|475|
||_MD Youth Programme_|-|6,150|6,150|6,444|
||_Medic Alert_|-|50|50|300|
||_LIBRA_|-|450|450|700|
||_Ball 4 All_|-|1,250|1,250|4,198|
||_Fed of Disability Sports_|-|1,725|1,725|125|
||_Food 4 All_|-|346|346|-|
||_Gift for Living_|-|81|81|100|
||_Lions Brain Tumour_|-|15,467|15,467|16,496|
||_Help Ukraine_|-|4,125|4,125|-|
||_Young Ambassador_|-|20|20|-|
||_Hearing Equipment_||-|-|50|
||_MD Refugee Appeal_|-|-|-|2,554|
|||-|106,133|106,133|248,652|
||**Donations and Grants - District**|||||
||_DG Partners Appeal_|-|-|-|9,520|
||_District Youth Fund_|-|576|576|-|
|||-|576|576|9,520|
## **Other activities**
|**9**|**Governance costs**
_Bank Charges for Account_|-
-
**Unrestricted**
**funds**
**£**
-
-
-|-
-
**Restricted**
**funds**
**£**
-
-
-|-
-
**Total**
**2023**
**£**
-
-
-|-|
|---|---|---|---|---|---|
||||||-|
||||||**Total**
**2022**
**£**
30
-|
||||||30|
## **10 Employee and Trustees' expenses**
There were no employees during the year (2021-22: none).
None of the Trustees was paid any remuneration or expenses by the charity during the year (2021-22: 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 2023**_
## **11 Analysis of charitable funds**
**Analysis of unrestricted fund movements**
|**Analysis of unrestricted fund movements**|||||||
|---|---|---|---|---|---|---|
|**Unrestricted funds**
_General fund_
_General fund (Pins)_
**Restricted funds**
_District Youth Fund_
_Spot Camera_
_DG's Partner Appeal_
_LCIF - Ukraine_
_LCIF - Florida_
_Romanian Pride_|**Balance**
**01/07/2022**
**£**
3,284
(45)
2,918
3,576
10,917
1,497
-
-
22,146|**Incoming**
**Resources**
**£**
1
-
820
685
11,735
5,633
1,100
100
20,073|**Resources**
**Expended**
**£**
-
-
576
-
-
7,129
1,000
-
8,705|**Transfers**
**£**
-
-
-
-
-
-
-
-
-|**Balance**
**£**
3,285
(45)
3,162
4,261
22,651
(0)
100
100
33,514
**30/06/2023**|**Value of**
**Stock Held**
**£**
-
45
-
-
-
-
-
-|
|||||||45|
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._
_**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 Young Carers_
_**LCIF - Ukraine:** This appeal is run by our International Foundation for the support of projects in the Ukraine_
## **12 Analysis of net assets between funds**
Fund balances at 30 June 2023 are represented by:-
|Current assets - Funds
- Stock
Total|**Unrestricted**
**funds**
**£**
3,240
45
3,285|**Restricted**
**funds**
**£**
30,274
-
30,274|**Total**
**£**
33,514
45|
|---|---|---|---|
||||33,559|
- 9 -