The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
The Special Lioness
FINANCIAL STATEMENTS
For the period 1[st] April 2022 to 31[st] March 2023
Charity Number 1187356
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
Contents
| Contents | |
|---|---|
| Page | |
| Trustees Report | 3-8 |
| Independent Examiners Report | 8 |
| Income and Expenditure Account | 9 |
| Statement of assets and liabilities | 10 |
| Notes to financial statements | 11 – 12 |
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
The Trustees for The Special Lioness, are pleased to present their financial statements of the charity for the period 1[st] April 2022 to 31[st] March 2023
- Reference and Administrative details of the Charity, its trustees and advisors.
| Charity Name | The Special Lioness | |
|---|---|---|
| Registered Charity No. | 1187356 | |
| Registered Office and | ||
| Operational address | Unit 1QA | |
| North Sands Business | Centre | |
| Sunderland | ||
| SR6 0QA | ||
| Trustees | Claire Stewart | Chair |
| Sarah Anne Hendricks | ||
| Justine Miller | ||
| Amy Howes | ||
| Independent Examiner | Julie Maxwell | |
| 11 Edith Street | ||
| Jarrow | ||
| NE32 5HS | ||
| Bankers | Lloyds Bank | |
| PO Box 1000 | ||
| BX 1 1LT |
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
2. Structure, governance and management
Governing documents
The organisation is a charitable incorporated organisation (CIO), registered on the 14[th] January 2020.
Appointment of Trustees
Trustees are appointed by existing trustees.
3. Financial Review
The total income for the year was £58,405. This income is allocated across respective funds on the accruals account. The net income across all funds is £58,405
The statement of assets and liabilities as at 31[st] March 2023 shows total funds carried forward of £26,062 comprising of £11,963 unrestricted funds, £14,099 Restricted Funds.
4. Public Benefit Statement
The trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. The annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users
5. Objectives and activities
Objectives
THE OBJECTS OF THE CIO ARE TO RELIEVE THE NEEDS OF CHILDREN WITH SPECIAL EDUCATIONAL NEEDS AND DISABILITIES BASED IN THE NORTH EAST OF ENGLAND AND THEIR PARENTS AND CARERS BY PROVIDING WEEKLY SUPPORT GROUPS AND HOLIDAY PLAY GROUPS FOR SOCIAL INTERACTION AND COMMUNICATION. NOTHING IN THIS CONSTITUTION SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CIO FOR THE PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH [SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT (SCOTLAND) ACT 2005] AND [SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008].
Activities
The CIO provides a variety of activities in order to develop relationships and provide essential social opportunities. Safe Spaces where families can come and be themselves and receive support, advice and comfort and strength through non-judgmental atmosphere with likeminded parents and carers.
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
6. Statement of Trustees responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently.
-
make judgements and estimates that are reasonable and prudent.
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Board on: 1[st] December 2023
and are signed on their behalf by:
Claire Stewart – Trustee
Signature Claire Stewart Digitally signed by Claire Stewart Date: 2023.12.07 09:29:41 Z
On 1[st] December 2023
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
Independent Examiners Report to the Trustees
I report on the financial statements of The Special Lioness for the period 1[st] April 2022 to 31[st] March 2023, which are set out on pages 7 to 10
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act,
-
to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
-
to state whether particular matters have come to my attention.
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity Commission. 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 the 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 connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in, any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act ;
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act,
have not been met ; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Julie Maxwell MICB
Date: 07/12/2023
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
Income and Expenditure Account 2022 2023
| Income | Unrestricted | Restricted | Total 2023 | Total 2022 |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Grants | ||||
| National Lottery - Community Fund | 2,315 | 2,315 | 4,550 | |
| National Lottery - Equipment | 0 | 1,445 | ||
| Sunderland City Council | 7,827 | 7,827 | 1,043 | |
| BISL | 10,000 | 10,000 | ||
| Durham Com Wind Farm Grant | 2,108 | 2,222 | 4,330 | |
| Spice Hive Ltd | 6,214 | 6,214 | ||
| From Charitable Activities | 27,431 | 27,431 | 11,456 | |
| Other Income | 288 | 288 | 0 | |
| Total Income | 37,654 | 20,751 | 58,405 | 18,494 |
| Expenditure | ||||
| Postage and Stationery | 15 | 100 | 115 | 232 |
| Play Group Materials | 3,041 | 1,508 | 4,548 | 500 |
| Marketing and Advertising | 1,216 | 40 | 1,256 | 499 |
| Activities | 7,377 | 5,610 | 12,987 | 2,880 |
| Subscriptions | 995 | 24 | 1,019 | 452 |
| Competition Prizes | 0 | 661 | 661 | 86 |
| Play Packs | 0 | 0 | 432 | |
| Christmas Packs | 0 | 0 | 837 | |
| Office Equipment and Furniture | 2,399 | 2,399 | 397 | |
| Office Supplies | 4,959 | 4,959 | 171 | |
| Travel and Expenses | 4,052 | 540 | 4,592 | 4,134 |
| Fundraising Expenses | 5,440 | 5,440 | 590 | |
| Sundry Expenses | 169 | 169 | 50 | |
| Meeting Refreshments | 833 | 77 | 911 | 335 |
| National Lottery Direct Expenditure | 0 | 0 | 4,552 | |
| National Lottery equipment | 0 | 0 | 1,446 | |
| Audit and Accountancy | 150 | 150 | ||
| Depreciation | 0 | 0 | ||
| Total Expenditure | 30,645 | 8,560 | 39,206 | 17,593 |
| Surplus/(deficit) for year | 7,008 | 12,191 | 19,199 | 901 |
| Adjustments | -865 | 865 | 0 | 0 |
| Opening Reserves | 5,820 | 1,043 | 6,863 | 5,962 |
| ClosingReserves | 11,963 | 14,099 | 26,062 | 6,863 |
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
Statement of Assets and Liabilities as of 31[st] March 2023
| ASSETS Fixed Assets Office equipment and IT Office equipment and IT (depreciation) Current Assets Trade Debtors Lloyds Bank Cash LIABILITIES Current Liabilities Trade Creditors EQUITY Signed on their behalf by: Claire Stewart – Trustee |
£4,278 £0 |
2023 £4,278 £21,934 £26,212 £150 £150 £26,062 £11,963 £14,099 £26,062 |
2022 £0 £6,863 |
|---|---|---|---|
| Total Fixed Assets £0 £21,934 |
|||
| Total Current Assets TOTAL ASSETS £150 |
£6,863 | ||
| £6,863 | |||
| Total Current Liabilities TOTAL LIABILITIES TOTAL NET ASSETS Unrestricted Funds Restricted Funds TOTAL EQUITY |
£0 £0 |
||
| £6,863 £5,820 £1,043 £6,863 |
|||
Signature Claire Stewart Digitally signed by Claire Stewart Date: 2023.12.07 09:29:04 Z On 1[st] December 2023
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
1. Basis of Accounting
The accounts have been prepared using the accruals method. An audit is not required by the Charity's constitution and has not been requested by the Trustees.
2. Grants
The following funding was received during the period:
| Grants | Unrestricted | Restricted | Total 2023 |
|---|---|---|---|
| ESC LOTTERY FUND 0370450 | £2,315 | £2,315 | |
| BISL PL BISL PL (BGL) | £10,000 | £10,000 | |
| COUNTY DURHAM COM WIND FARM GRANT | £2,222 | £2,222 | |
| COUNTY DURHAM COM WIND FARM GRANT | £2,108 | £2,108 | |
| SUNDERLAND CC COS 3502044363 K | £7,827 | £7,827 | |
| SPACEHIVE LTD | £0 | £6,214 | £6,214 |
| Total | £9,935 | £20,751 | £30,686 |
3. Trustee Expenses
4. Guarantee
There have been no guarantees given by The Special Lioness at 31[st] March 2023.
5. Debt
There is no debt outstanding which is owed by The Special Lioness and which is secured by an excess charge on any of the assets of The Special Lioness at 31[st] March 2023
6. Governing Document
The organisation is a Charitable Incorporated Organisation - Foundation registered on 14[th] January 2020 as a body corporate under part 11 of the Charities Act 2011.
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The Special Lioness Charity No. 1187356 Financial Statements for the period 1[st] April 2022 – 31[st] March 2023
7. Going Concern
We have big plans for the coming year and we have proven that we can adapt to the current climate and listen to what our families need and seeking support with and we endeavour to be the support they desperately need
8. Risks
The trustees have examined the major risks which the charity faces in relation to external factors, governance and management, internal operations and business. The trustees have considered the likelihood and the impact of risks, and continually review the systems in place to reduce those risks. The systems are being designed to provide reasonable assurance against material loss.
9. Depreciation
Depreciation has been calculated as a flat line based on 33.3%
10. Movement of Major Funds
| 2022 | 2023 | ||||
|---|---|---|---|---|---|
| Fund | Fund | ||||
| Balances | Receipts | Payments | Adjustments | balances | |
| b/fwd. | C/fwd. | ||||
| £ | £ | £ | £ | £ | |
| Restricted Funds | |||||
| Easter Playgroup | 1,043 | 0 | 1,214 | 171 | 0 |
| County Durham Wind Farm |
2,222 | 284 | 1,938 | ||
| BISL | 10,000 | 1,191 | 8,809 | ||
| ESC Lottery | 2,315 | 3,009 | 694 | 0 | |
| Space hive Ltd | 6,214 | 2,862 | 3,352 | ||
| Total | 1,043 | 20,751 | 8,560 | 865 | 14,099 |
| Unrestricted Funds | |||||
| General Funds | 5,820 | 37,654 | 30,645 | -865 | 11,963 |
| Total Funds | 6,863 | 58,405 | 39,206 | 0 | 26,062 |
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