REGISTERED CHAIKfY NUMBER: 1187589 lfvrnthy.. I723} REPORT OF THE TRU5fEES AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 3rn1 JUNE 2021 WATFORD UONS CLUB ao
WATFORD UONS CWB CIO lfvrmerfy. CONTENTS OF THE FINANaAL StATEMENT5 FOR THE YEAR ENDED 30TH JUNE 2021 Page Report of the T5 3to5 Independent Examiner's report Statement of Financial ActiNlltie5 Statement of Financial Position Notes to the Flnandal Statements 9toll Detailed statement of Financial ArtNlties 12
WATFORD UONS CLUB ao REPORT OF THE TRusfEES FOR THE YEAR ENDED 30Th JUNE 2021 The trustees present their report with the finanaal statement of the charlty forthe year ended 30th June 2021. The trustees have adopted the provision5 of Acccounting and Reporting CharftÉes: Statement of Recommended Prartice appllcable to charities preparlng thelr accounts in accordance wlth the Financlal Reportlng Standard applicable in the UK and Republic of Ireland (FRS 1021 leffectNe l January 20151. OBJECTNE AND AcnviTIES ObJ•ctl¥es and alms The objects state that the trustees shall hold the Trust Fund and its IrKome upon trust to apply for any purpose whlch15 charitable accordlng to the Law of England and Wales whether for the beneflt of any Individual or group of people or for the benefit of any other organisation established for charitsble purposes, provided always that the Trustees shall not apply the fund of any part thereof without first obtsiningthe approval of the Watford Lions Club CIO at a Lions Club meeting. The trustees have consldered the Charlty Commlssion's guidance on Public Benefit. The work of the charity gives rise to public benefit by supportlng other registered charltles wlth donation5 and grants. Volunteers The charity required approximatety 25(X) hours of voluntttrfs efforts In the year to carry out Its work. It Is dlfflcult to attrlbute an economlc value to th15 contributions that the volunteers make of their tlme but is cruclal to the funrtioning of the charity- The tnjstees ensure that the best value is deri¥ed from the effort of the volunteers.
WATFORD UOMS CLUB CIO LIONSaUBOFWA7FORDCIL•JIITA8LETRUSTFUND) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30Th JUNE 2021 ACHIVEMENT AND PERFORMAf4cE Charftable activities During the year, the Watford Lions aub CIO had to abandand its re8ular fundraising activities due to the restrictions in force durin8 Covid-19 . Previously the Club organised , Abbots Lan8ley Fireworks & Cassiobury fireworks, and also Sants Sleigh. The Abbots Lany Camlydl held in sumrner had to be caelled. The Club contlnued to provlde support to many sectors ofcommunltles both locally and abroad from the funds raised by the Club. organisations that 5UPPOrt the sick. the young and the elderly. Various projects undertaken by Uons Districts and Lions International were supported by the Club to provide a551Stance during humanitsrian dbsasters. Donations made in the year are Shown in the accounts. It Is antlcipated that the aub will cortinue with its fundraising and service artivtties in the future to enable the Charity to achieve its objectives. We are therefore happy to rep(Yt that the trustees have considered the Charltty Commission5'5 guidance on publk benefft. We can confirm that these actlvities provide a public benefft because they support re8lStered charities by donations and grants. FINANCIAL REVIEW Reserves pollcy Funds raised as general donations are utilised to make donations. However where funds a raised for specific projects or events these are identffied separately learmarkedl. and donated towards the relevant projects or events as required. Reserves at the year end therefore Indude fvnds that were raised as general donations that have not yet been used to make donations and fund5 that have been recelved but eamiarked for use on specific projects or events. Over and above any funds held that have been earmarked for specific projects and events it is the policy of the charity to maintain Some unrestricted resÈrves not committed or invested in tangible assets. This is in order to ensure that seed funding is avallable fr>r new projects to be started when necessary.
WATFORD LIONS CLiIB CIO LIOIIS(WB OFWA7F(XtDCIIARffABIE TRUSTFUNDI REPORT OF THE TRiISTEES FOR THE YEAR ENDED 30Th JUNE 2021 STRuclliRE, GOVER14 AND MANAGEMEwr Governing document Watford knons Club CIO was registered a charity no. 1187589 on 27th January 2020 and incorporated on 17th Juty 2020, taking over the trust fund adminstrated aftd managed by by the trustees under the name of Warford Charttable Trust Fund Registered Charity number IIYJ6723. The Club was established as a Charitable Incorwrated Organsation (aol effective on 17th July 2020 IRegsStered Charity No.11875891 The body of trustees consists of six persons. REFERENCE AND ADMINisfRAnVE DEfAILS egistered Charity nwnber 1187589 Principal adthess clo Flat 25, Rockwell courL The Gateway, Watford. WD18 7HQ President Mr Gulab Mistry (appointed 1st July 20201 Mr Frank R( l Resigned tstjuly 20201 Secretary MrThurai Sri Mohan Treasurer Mr Suresh Gaiiar Trustees Mr gjresh Gaiiar l appointed 27.01.20201 Mr Thurai Sri Mohan l appointed 27.01.20201 Mr John Wyatt l appolnted 27.01.20201 Mr Frank Rouse { appointed 27.01.20201 Mr Prakash Panchal { appointed 27.01.20201 MrGulab Mistry ( appointed 27.01.20201 Independent examiner Mr Indukumar Shah. FCA ATII Chartered Accountant. Tanglewood. Ashdown Place, Forest Row, East Sussex, RH18 5LP Approv behalf by= b order of.the LM)ard of trustees on 2nd February 20213nd signed on its Mr Suresh Yrustee
INC*PEP4DEKf EXAMINERS REPORTTO ThETRvsfEES I WATFORD LKYIIS CLUB CIO INlependent examinees report to the trustees of WatFord Lions Club CIO I report tothe chadty trustees on my È¥aminatlon of the accounts of the Lions aub of Watford Lions Club CIO l the aub) forthe year ended 30th June 2021. ResnbIlItIeS and basis of report As the Charfty Ttee$ of the Club you are responsibleforthe preparatSon of the attounts in accordance wbth the requlrements of the Charttles Aci 2011 Ilhe ACVI. I report In respect of my examlnatlon of the aub's accounts Carr out urKlersectlon 145 of the Att and In carryn8 t)ut my examlr)ation I have followed all appllc•ble Dlrectlon$ 8lven by the Charfty C¢mmlssk)n under sectlon 14515)Ib) of the ACL Independent examlnerfs st•tement I have completed my exarnlnatlon. l ¢¢nfim that no materkl rnatters have come to my èttentlon In connectknn wth the ex¥mIrtI0Tr 8fvtbW m• U5• to bollLwe that In any m•ted•l respert: l accountlnB records were not kept In respert of the aubas requlred by sertbn 130 of the Art.. or 2 the accounts do not accord wtth those records: or 3 the accounts do not comply wlth the applkable requlfements corKemln8 the fomi ar¥J content of acwunts set out In the Charlties (Accounts and Reports) Re8ulatlons 2(KJ8 othèrthan any requlremÈnt that the accounts 8fve a true and falr vlew whlth Is not a matter consldered as part of the Independent eXamItIon. I confirm that there are no other matters to whlch your attenil(xt should be drawn to enable a proper understsndlln8 of the accounts to be reached. Independent Examlner Mr Indukumar Shah. FC& ATII Tan8lewood, Ashdown Place. Forest Row. East Sussex, RH18 5LP February 2022
WATFORD iIONS CW8 CIO LION5CLUB OF WA7FORD CIIARifABiE TRUSTFUNDJ STATEMENT OF FINANCIAi AcllviTIES FOR THE YEAR ENDED 30Th JUNE 2021 2021 2020 Unrestricted Unrestricted fuThJ Notes INCOME AND ENDoWMEPs FROM DonatSons Members re$ TOTAL 1763 8.182 31n 8,182 EXPENDITURE ON Raising donations and charitable donatlons Dlstrltt dues and admin expenss NET INCOMEIIEXPENDITURE) 5112 18,703 -3349 -10.521 RECONCILIATION OF FUNDS Admln account brought forward Total funds brought fonvard 23,502 34.023 TOTAL FUNDS CARRIED FOIIWARD 20621 23,502 The notes form part ofthe5e financial Statements
WATFORD UONS CLUB CIO IIONSQU8 OFWAIFORDCI1ARffA TRusfFUNDI STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30TH JUNE 2021 2021 2020 UfWeStrkt Unrestrirted fund fund Notes CURRENT ASSETS Other debtors Cash at bank 22621 23502 2Z621 23502 OTHER CREDITORS Amounts fallin8 due within one year NET CURRENT ASSETS 20621 23,502 NET ASSETS 20621 23,502 FUNDS Unrestrirted funds 20,621 23,502 TOTAL FUNDS ZO,621 23,502 The firbanclal statements were approved by the Board of Trustees on 2th February 2022 and were signed on its behalf by Mr Gulab Mlstry Presldent Mrs Trustee The notes fom) part of these finala1 statements
WATFORD LIONS CWB CIO U014S CiU8 OF WATFOKD L71ARifA8LF TRU5TFUND) NOTES TO THE FINANCIAL sfATEMEKrs FOR THE YEAR ENDED 3mlJUNE2021 I ACCOUNTING POLICIES Flrst tlme adoptlon The financial statements of the charity. which ts a public benefft entity under FRSIO2, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reportin8 by Charitles: Staternent of Recommended Pract5ce appllcable to charities preparing their accounts in accordance with the Financial Reportlng 5tandand applicable in the UK and Republic of Ireland IFRS 1021 leffective l January 20151,. Flnancial Reportlng Standard 102 The Finantial Rewrtin8 Standard applicable in the UK ènd Republic of Ireland. and the Charities Act 2011. The financlal statements have been prepared underthe hlstorical cost convert. Income All income Is recognised in the Statement of Flnandal ActlvltSes once the charlty ha5 entitlement to the funds. it is probable that the income will be received and the amount can be measured rellably. Donallons and lepths All incomln8 resources are Included on the Statement of FinarKial ArtNities when the charity is le8ally entltled to the Incorne and the amount can be quantlfied wlth reasonable accuracy. Expendlture Uabllltles are recognlsed as expenditure as sn as there is a legal or constructlve obligation committlng the tharity to that expenditure. it is probably that a transfer of economlc benefits will be required in settlement and the amount of the obligation can be measured rellably. Expenditure Is attounted for on an accrual basis and has been classlfled under headln8S that a8gre8ate all costs re5ated to the cate80ry. Where costs cannot be directly attributed to particular headlr65 they have been allocated to activities on a basis consistent with the use of resources. T•xatlon The charlty 15 exempt frorn tax on its charftsble attlvities. Fund AccnI11 Unrestricted funds can be used in accordance with the tharltable otyectives at the dlscretion of the trustees. Restrlcted fvnd5 can onty be used for particular resthtted purposes wlthln the objerts of the chartty. Re5trittions arise when Specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature arn purpose of e1 fund 15 induded In the notes to the financial statements.
WATFORD UONS CWB CIO NOTES TOTHE HNANCIAL ATEME11T5 FOR THE YEAR ENDED 31wfH JUNE 2021 2 TRUSTEES, REMUNERATKX4 AND BENEFrrs There were no trustees. remuneration or other benefits for the year ended 30th June 2021 nor for the year ended 30th June 2020. Trustees, expenses There were no trustees, expense5 paid for the year ended 30th June 2021 nor the year ended 30th June 2020. 2021 2020 3 STAFF COSTS The average monthty number of Èmployees durlng the year was as follows: No employee5 receb¥ed emoluments In excess of £60.1JX) 4 DEBTORS: AMOUNTS FALLING OUE WITHIN ONE YEAR 2021 2020 Other debt¢Ys 5 CREDITORS: AMOUNTS FAWMG DUE wrrHIN ONE YEAR 2021 2020 Flreworks sponsorshlp prepayment io
WATFORD UONS CLUB CIO UONSQUB OF WATFORDt71ARffA&LE TRusfFUAIDI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021 6 MOVEMENTS IN FUNDS Net movement At ini20 in fund5 At 3016121 Vnrestrirted funds General Fund Opening admin account TOTAL FUNDS 23,502 -3,349 20.153 23,502 -2.881 20,621 Net movement in funds. included in the above are as follows: Incoming Resources resoue$ expended Movement In fvn(ts Unrestrl¢ted funds General Fund 3,172 6521 -3.349 TOTALFUNDS 3.172 6.521 .3,349 Comparalfve movemont In funds At V7119 Sn funds At 3016120 Unrestrfrted fvnds General Fund 34.023 -10.521 23.502 TOTAL FUNDS 34,023 -10.521 23.502 Net movement In funds, Induded In the above are as follow5: Incoming Resour5 resources experKled Movement in funds Unrestrlcted fund5 General Fund 8.182 18,703 -10,521 TOTAL FUNDS 8.182 18.703 -10,521 7 REiATED PARTY DISCLOSURES There were no related partytransactions forthe year ended 30th June 2021. li
WATFORD UONS CLUB ao DETAILED STATEMEKf OF FINAP4CIAL Acnv FOR ThE YEAR ENDED 30TH JUNE 2021 zozi 2020 INCOME AND ENDOWMENTS Donatlons Cas5iobury Firewot*s Abbots Langley Camival Abbots Langley Flrework5 Bookshop Santa 51elgh Christmas Raffle Other donations 1,008 2.342 3.178 1,532 122 1763 Total Incomlng resources 1763 8.182 EXPENDrruRE Ralslng Donatlor Abbots LaTh Camlval Abbot5 Langley Fireworks Bookshop travel Website and events expenses Gara8e Rent 490 3836 598 959 1279 2010 6.203 CHARITABLE DONATIONS North East Floods Henderson Hub- school holiday attivities One Vlsion LCI and Dlstrlrt donatbns Needy famSlles In Watford New Hope Rou8h sleeping NHS Scrubs Australian Flre Lancaster school Senlor Cltlzen Trlps Flsh & Chips for Elderly Peace hospice Other donations under £5 Total resources expended Net (ExpendIre1/ Incom¢ 500 1032 500 2000 1000 I0 iooo 5LIJ iooo 887 791 50 352 1790 5112 -3349 18,703 -10.521 12