REGisfERED CHAIRIY NUMBER: 1187589 REPORT OF THE TRUSTEES AND UNAUDITED FINANaAL 5fATEMEpifs FOR THE YEAR ENDED %mi JUNE 2022 FOR WATFORD UONS CWB ao
WATFORD UONS CLUB ao coiirEP4TS OF THE FINANaAL sfATEMENTS FOR THE YEAR ENDED 30TH JUNE 2022 Page Report of the Trusteés 3to5 Independent Examlne¢s report Statement of Flnanclal Activltles Statement of Flnanclal Posltlon Notes to the Financlal Statements 9toll Detalled Statement of Flnanclal ActNltles 12
WATFORD UONS CWB ao REPORT OF ThE TRvsfEES FOR THE YEAR ENDED 30Th JUNE 2022 The trustees present their report with the financial staternent of the charity for the year ended 30th June 2022. The trustees have adopted the provisions of Acccounting and Reporting by Charities . Statement of Recommended Practltr applicable to charities pParing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Irelarffl {FRS 1021 leffectNe l January 20151. OBJEcnvE AND AcfMTIES Objertlves and aims The objects state that the trustees shall hold the Trust Fund and Its income upon trust to apply for any purpose which is charltable according 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 organlsation established for charltable purposes, provlded always that the Trustees shall not apply the fund of any part thereof wlthout first obtaining the approval of the Watford Llons Club CIO at a Llons Club meeting. The trustees have consldered the Charlty Commisslon'5 8uldance on Public Benefit. The work of the charity 8ives rlse to public benefit by supportlng other re8lStered charitles with donations and grants. Volunteers The charlty requlred approximate 4500 hours of volunteees efforts In the year to carryout its work. It Is dlfflcult to attribute an economk value to thls contrlbutlon5 that the volunteers make of their time but is trucial to the functionin8 of the charity. The trustees ensure that the best value is derived from the effort of the volunteers.
WATFORD UONS CWB 00 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 3m JUNE 2022 ACHIVEMENT AND PERFORMANCE Charltable actlvities During the year. the Warford Llons Club CIO continued Its regular fundralsing activities after the lifting of StriCtIonS from Covid-19 . The Club organlsed. Abbots Langley Fireworks & Cassiobury fireworks, Abbots Langley Carnlval and Santa Slelgh. This year the Club a150 organised The Bi8 Jubllee Lunch to mark the Queen's 70th Anniversary and a poetry competition amon8St local schools, to wrlte a Poem about the Queen. The Club continued to provlde support to many sectors of communit$ both locally and abroad from the funds ralsed by the Club. or8anisations that support the sick, the youn8 and the eklerly. Various projetts undertaken by ons Dlstricts and Lions International were supported by the aub to provide assi5tan¢e durln8 humanitarian disasters. tlonations made in the year are shown in the accounts. It is antlclpared that the Club will continue with its fundraising and service activlties In the future to enable the Charity to achleve Its objectlves. We are therefore happy to report that the trustees have consldered the Charitly Commissions's guidance on publsc benefiL We can conftrm that these actlvltles provide a publk benefrt because they support re8iStered charities by donatlons and aran FINANaAL REVIEW Resebvos poIIcy Funds ralsed as general donations are utilised to make donation5. However where funds are raised for specific projects or events these are identified separatety, learmarkedl, and donated towards the leVant projects or events as required. Re5eNes at the year end therefore include funds that vlere rnised •5 8eneral donatlons that have not yet been used to make donation5 and funds that have been received but earmarked for use on specific projects or events. Over and above any fund5 held that have been earn)arked for specific projects and events it is the poliLy of the charity to maintain some unrestricted reserves not ommitted or Invested in tangible assets. This i5 In order to ensufe that seed funding is available for new projects to be started when neSsary.
WATFORD UONS auB ao REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2022 STRucfuRE. GOVERNANCE AND MANAGEMENT Governlnz document Watford Lions Club CIO was re8iStered a tharty no. 1187589 on 27th January 2020 and incorporated on 17th July 2020, taking over the trust fund adminstrated and mana8ed by by the trustees under the name of Watford Charltable Trust Fund Reglstered Charity number I16723. The Club was establlshed as a Charltsble Incorpornted Or8anlsètlon {CIOI effective on 17th Juty 2020 IRe8lStered Charity No.11875891 The l)ody of trustees consists of upto six persons. REFERENCE AND AOMINISTRATIVE DEfAILS Re815tered Charlty number 1187589 Prindpal address clo Flat 25. Rockwell Court. The Gateway, WatFord. WD18 7HQ President Mrs Glts Mlstry (Appolnted 1st July 20221 Mr Gulab Mistry {Resl8ned 1st July 20221 Secretary Mr Thural Srl Mohan Treasurer Mr Suresh Gailar Trustees Mr Suresh Gajjar MrThural Sri Mohan Mrjohn Wyatt Mr Frank Rouse Mr Prakash Panchal Mr Gulab Mistry {Oecea5ed 17.11.2022) Independent examiner Mr Indukumar Shah, FCA ATII Chartered Accountant. Tanglewood. Ashdown Plao. Forest Row, East Sussex, RH18 5LP Approved by order of the board of trustees on 7th December 2022 and signed on its behalf by: Suresh Gaiiar Trustee
IIIDEPENDEIIT EXAMIPIERS REPORTTOThÉTRUSTEES OF WATFORD UONS CIU8 ao Independent examiner's repLYt to the trtee5 of Warford lions Club ao I report to the charity trustees on my examK)ation ofthe accounts of Watford Llons aub ao I the Club) for the year ended 30th June 2022. R•spoThslb11tt105 and b•sls of re As the Chaty Trustees of the Club w are responslble for the preparatlon of the accounts in acwrdance wlth the Tequlrernents of the Charlties Art 2011 lhe Act'l. I report In respect of my examinion of the aub's accounts caftd out under sectlon 145 of the Act and in caryng tyjt my examlnatk¥n I have followed all appllcable Dlrectkn7s gtven by the Chartty Commisslon under se¢tlon 1451511bl of the A¢t. Indepnd•nt examlmrfs stst•m I have completed my examlnatlon. I confirm that no materlal matters have come to my attention in connectk)n wtth the examinatlon g1¥1 me ¢ause to bel that In any materlal respect: l accountlng records wtte not kept In respect of the Chjbs requlred by sertlon 130 ofthe Art: or 2 the accounts th) not accord wlth those records: or 3 the account5 do not compty wrth the applkable requinnents conornlng forni and content of accounts set out In the ChafMè5 IActounts and Reports) Regulatlons 2008 other than any requirement that the accounts 8Ne a true arld lalr ¥lew whlch Is not a matter Corered as part of the Independent examlnatknn. I confirm that there Jre no other matters to whlch ytyjr att•ntlon should be drnwn to enable a proper understsndllng of the accounts to be reathed. IrKlependent Examlner Mr Indukumar Shah. FC4 ATII Tan8lew¢)od, Ashdown Place. Forest Row, EJst Sussex, RH18 5LP 7th De¢ember 2022
WATFORD UONS QUB ao STATEMENT OF FINANaAL ACTMTIES FOR THE YEAR ENDED 30Th JUNE Z022 2022 Unrestricted fund 2021 Unrestricted fund Notes INCOME AND ENDOWMENTS FROM Donatlons Members Dues TOTAL 31,802 1,280 33,082 1,763 1,409 3,172 EXPENDITURE ON Raising donatlons and charltable donatlons Dlstrlrt dues and admln expenss NET INCOMEIIEXPENDITUREI 18,824 1,820 12,438 5,112 1,409 -3,349 RECONCIUATION OF FUNDS Admin account brought forward Totsl funds brought forward 468 23,502 20,621 TOTAL FUNDS CARRIED FORWARD 33,059 20,621
WATFORD UONS CLUB ao srATEMErir OF FINANaAL posmoN FOR THE YEAR ENDED 30TH JUNE 2022 2021 Unrestrict•d Unrestrlrted fund fund Notes CURRENT ASSETS Other debtors Cash at bank 34,059 22,621 34.059 22,621 OTHER CREDITORS Amounts falllng due wlthln one year NET CURRENT ASSETS 33,059 20,621 NET ASSErs 33,059 20,621 FUNDS Unrestricted funds 33,059 ZO.621 TOTAL FUNDS 33,059 20,621 The financlal statements were approved by the Board of Tnstees on 7th December 2022 and were slgned on Its behalf by Mr5 Gita Mistry . President Suresh Gaiiar ee Tru
The note5 forni part of these financial ststements WATFORD UONS CWB ao NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2021 I ACCOUNTING pouaES First tlme adoptlon The financial statements of the charity, which is a public benefit entity under FRSIO2, have been prepared in accordance wlth the Charities SORP IFRS 1021 'Accounting and Reporting by Charitie5'. Statement of Recommended Prattlce applicable to tharities preparing their accounts in accordance wlth the Hnancial Reporting Standand applicable in the UK and Republic of Ireland IFRS 1021 leffectlve l January 2015}', Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republlc of Ireland, and the Charstie5 Act 2011. The financlal statements have been prepared under the historical t05t convention. All Income Is recognlsed In the Statement of Financlal Activities once the charrty ha5 entitlement to the funds, It is probable that the income will be received and the amount can be measured reliabty. Donatlons and legades All incomin8 resources are included on the Statement of Financlal Activitie5 when the charity 15 legally entitled to the income and the amount can be quantifled wlth reasonable accuracy. ExPendIre Liabilities are recognlsed as expendlture a5 500n as there Is a legal or constructlve obli8ation commltting the charlty to that expenditure. it is probably that a transfer of economic benefits wlll be reqUId In settlement and the amount of the obllgatlon can be measured reliabty. Expenditure Is accounted for on an accrual basis and has been classified under headin85 that a88re8ate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to actlvStFes on a basis consistent wlth the use of resources. Taxatlon The charity Is exempt from tax on its charttable actS¥ltles. Fund Accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustee& Restritted funds can only be used for particular restricted purposes within the objects of the chartty. Restrictions arise when specified by the donor or when funds are raised for particular restritted purposes. Further explanation of the nature and purpose of each nd is induded in the notes to the financial statements.
WATFORD UONS CLUB ao NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENfxD 30TH JUNE 2022 2 TRusfEES' REMUNERATION AND BENEFrrs There were no trustees, remuneratlon or other benefrts for the year ended 30th June 2022 nor for the year ended 30th June 2021. Trustees, expenses There were no trustees, expenses pald for the year ended 30th June 2022 nor the year ended 30th June 2021. 2022 2021 3 sfAFF cosrs The average monthly number of employees during the year was as follows: No employèes recelved ernoluments in exce55 of £60.(KM) 4 DEBTORS: AMOUNT5 FAWNG DUE wmiiN ONE YEAR 2022 2021 Other debtors 5 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2022 2021 Fireworks sponsorship prepayment io
WATFORD UONS CLUB ao NOTES TO THE FINANCIAL StATEMENTS FOR ThE YEAR ENDED 30Th JUNE 21m 6 MOVEMENTS IN FUNDS Net movement in funds At 117121 At 3016122 Unrestricted fvnds General Fund 20.621 12,438 33.059 TOTAL FUNDS 20,621 12,438 33,059 Net movement in funds. Included in the above are as follows". Incoming resour$ Resources expended Movement In funds Unrestrlcted funds General Fund 33,082 20.644 12,438 TOTAL FUNDS 33.082 20.644 12.438 Comparatl¥e for mo¥•ment In fvnds Net movemént In fund5 At 117120 At 3016121 Unrestrfcted funds General Fund Opening admin account TOTAL FUNDS 23,502 -3,349 468 20,153 468 20,621 23.502 -2,881 Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrfcted funds General Fund 3,172 6,521 -3,349 TOTAL FUNDS 3,172 6,521 -3,349 7 RELATED PARTY DISCL05URES There were no related party transactions for the year ended 30th June 2022. li
WATFORD UONS CLUB CIO DEfAILED STATEMENT OF FINA14CIAL AcnvmES FOR THE YEAR ENDED 30TH JUNE 2022 2022 2021 INCOME AND ENDOWMENTS Donations Ca5siobury Firework5 Abbots Langley Carnival Abbots Langley Fireworks Lions Bookshop Santa Slelgh The Big Jubilee Lunch raffle & Brants Other donations Other Membershlp dues Total Incomlng resources 3.535 5.934 7,793 4,456 1.831 6,645 1,763 1.280 33,082 3.172 EXPENDITURE Ralsing Donatlons Abbots Langley Carnival Abbots Langley Fireworks Garage Rent Other Dlstrict Dues and admln expenses 3.282 4.085 1.051 1,820 10,487 2,368 3A19 CHARITABLE DONATIONS Kids Cancer charity Stroke Association One Vlsion LCI and D5strltt donations Needy families In Watford New Hope Rough sleeping Veterans Bus costs Senlor Citizen Trips Flsh & Chips for Elderly Other donations under £5{> Total resources expended Net (E¥penditurell In¢ome 5(Xl 1.250 500 500 1257 1,820 20,644 12,438 352 6,521 -3,349 12