Notes to the accounts ending 30 June 2021
1. Accounting policies
The accounts are drawn upon a receipts and expenditure basis. Only money received and payments made in the period have been included. No allowance has been made for debtors, creditors, stock or depreciation.
2. Capital items
The club owns a number of items of equipment used to support its fund-raising. Much of this is of low value and accordingly expenditure is fully written off in the year in which it is incurred.
3. Reserves
The trustees’ reserves policy is to maintain sufficient balance in the administration account to cover the financial demands that arise at the start of each year. Otherwise as a grant making body, the trustees. Policy is to disburse the net funds raised to deserving causes during the year.
4. Covid-19
Th emergence of Covid-19 has significantly curtailed the ability of the Club to raise funds or to undertake service activities and this has limited the ability of the Club to make grants during the relevant year.
For and on behalf of the trustees
Jeremy Berridge Treasurer
Southwell & District Lions Club (CIO): Receipts and Payments 01 JULY 2020 TO 30 JUNE 2021
| Totals | Admin Account | Charity Account | |
|---|---|---|---|
| £ | £ | £ | |
| Receipts | |||
| Subscriptions | 4404 | 4404 | |
| Tail Twister | 123 | 123 | |
| Misc (Club Shirts) | 24 | 24 | |
| Amazon | 44 | 44 | |
| Easyfundraising | 237 | 237 | |
| Louth Lions Duck | 100 | 100 | |
| Mobile M Smith | 120 | 120 | |
| London Hearts | 1011 | 1011 | |
| Dare LCI Refund | 600 | 600 | |
| Quizzes | 404 | 404 | |
| Virtual Walk | 2473 | 2473 | |
| Carols for Everyone | 740 | 740 | |
| Christmas Float | 5726 | 5726 | |
| MacMillan | 1638 | 1638 | |
| Marie Curie | 1000 | 1000 | |
| Total Receipts | 18644 | 4551 | 14093 |
| Payments | |||
| Charitable payments | 15869 | 454 | 15415 |
| District Dues | 1029 | 1029 | |
| International Dues | 1002 | 1002 | |
| Equipment | 400 | 400 | |
| Administration | 34 | 34 | |
| Audit | 185 | 185 | |
| Licences | 115 | 115 | |
| Advertising | 195 | 195 | |
| Consumables | 13 | 13 | |
| Miscellaneous | 87 | 87 | |
| Media | 301 | 287 | 14 |
| Prizes | 100 | 100 | |
| Christmas Float Exps | 308 | 308 | |
| Total payments | 19638 | 3801 | 15837 |
| Surplus/(Deficit) (A) | (994) | 750 | (1744) |
| Bank Reconciliation | |||
| Bank at 1 July 2020 | 7667 | 1352 | 6315 |
| Bank at 30 June 2021 | 6773 | 2202 | 4571 |
| Bank +/- for period (B) | (894) | 850 | (1744) |
| Difference | |||
| Between (A) and (B) | 100 | 100 | 0 |
| Balanced by | |||
| Uncleared cheque | 100 | 100 | 0 (Riding for Disabled) |