THE CAMBRIDGE FRIENDSHIP TRUST OPERATING AS.. LYN'S HOUSE CAMBRIDGE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 REGISTERED CHARITY No 1187876 REGISTERED COMPANY No CE020646
THE CAMBRIDGE FRIENDSHIP TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST2021 Contents Pagès Trustees, Report 14 Independ8nl Examiners Report ststernent of Financial AcUvlty incorporating the Income and Expenditure Account Ba18nce Sheet Not8S to the financial statements 8-10
THE CAMBRIDGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 The Trustees, Report The Trust8es present their report with the financial statements of the Charitable Incorporated Organisabon for the year ended 31 August 2021. The financial statements have been prepared in accordance with the accounbng polici85 set out in the notes to the financial statements and comply with the charity's trust deed, applic8ble law and the requirernents of the Statement of Rewmmended Practice, Accounting and Reporbng by Charities 2019 and the Companies Aci 2006. Registratlon as a Charity Th8 Cambridge Friendship Trust was incorporated as 8 Ch8ritable Incorporated Organisation and registered th th8 Charity Commission for Efig18nd and Wales on 11 Febwary 2020 wth the registrats.on nurnber 1166233. Th8 registration with Companies House has the ference CE020468. Charitable Alms The Cambridge Friendship Trust works to relieve the needs of those with learning disabilitie5 by supporting community in Cambridge inspired by th8 ethos of the International F8dgration of L'Arche Communities off8fTng friendship and h05Pltality to people wth leaming disabilities and fostering and supporting academic res88rch and disseminating a51 useful results. Who We Are The Cambridg8 Friendship Trust (operating as Lyr's Housel is a community of people wth and wthout intellectual disabilities. We seek to build mutually transfoming latIOnshIPS within an atmosphere ol friendship and a¢ptanCe. Christian faith shapes our eth05 and our life together, and we ar8 committed to finding ways io articulate and express what that rn8ans for all ol us, as people of widely differino inlelleetual abilities. While we celebrate our Christi8n identity, we are open to people of all faiths and none. We recognise and value Ihe gifts and presence of each per50n. Slruclure, Gov•mance and Managemènt The oper8tion of the Charitable Incorporated Organisation is gov8rned by its Foundation Document. As a Charily registered with the Charity Commission for England and Wales, HM R8V8nue Customs have reeognised the charity for lax purposes. Since the charity only uses its funds for charitable purposes no taxation is then payable on the income or gain5. Th8 overall responsibility for th8 operations of the Chatable Incorporated Org8nisabon and its finances is with the Trustees. Trustees The Trustees who have served during the year and subsequently are.. Professor David Ford Mrs Barbara Bennett Revd Deborah Ford Mrs Judith G8rdom Revd Dr Carole Irwin Mr William Mcvey Mr Jonathan Young Appolntment and Training of Trustees The power to appoint and rernov8 Trustees is vested with the Trustees. Und8r the temis of the Ftsundation Document th8re shall not be le55 th8n three, and not mor8 than fftlve, Trustees. Trustees a each appointed ft)r 8 period of three years. On appointment each Trustee receives copies of the principal wnslitutional and poliey documents of the Trust, with current and forward financial planning infomiation. Trustees are provided with regular updates of relevant information from the Charity Commission and other relevant sources. Achi8vernen¢s and Perforrnance Lyn's House is th8 op8rating name of the Cambridge Friendship Trust. Lyn's House w8s founded in consultation with people wth intellectual di58bilities and their families in the Cambridge area in 2012. It gained charit8ble status las the Carnbridge Friendship Trust) in 2020. A key finding from those initial conversations which led to the founding of Lyn's House ten years 890 was that the relationships young people with intellectual disabilities fomi are almost excluswely with either family members, Carers, or other young people wth disabilities. The primary aim of Lyn's House. which emerged frorn these initial eonv8r581ions, was to enable people wth and without intellectu81 disabilities to encounter one another in an atmospher& of friendship and mutuality, rather than care or ServiprOViSion, and with a particular focus on people in th&ir 20s and 30s.
THE CAMBRIOGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 A small, residential community of young adults without intellectual disabilities forrns part of th8 wider Lyn's House community. Each year, thr8e individuals commit themselves to intentional Christian cornmunity, and to participation in the life and community ol Lyn's House- particularfy in developin9 rnutually enriching lationships with young people of their own generation who have intellectual disabilities. Events and Actlvlties The core events of Lyn's House ar8 de51gned trtr fulfil our aims by enabling young people to tneet and spend tirne with each other in a safe 8nd supported space, and to grow in mutual undetstanding and 8ppreci8tion. W9 have sought to develop the kinds of 8ctiviti83 which are natural ways that groups of frieNds would spend tim8 together. These events are planned and monitored in detail by a Steering Group. Core ev&nts Fortnlghtly meals forsmallgmup$ of young people Small groups of peop18 in their 20s and 30s meet to cook and eat together, to pray and to socialise in a relaxed attnosphgre of friendship and mutual hospitality. The groups remain consistent across a whole year to allow r81ationships lo grow and develop. onthly tea partles All mernbers of the Lyn'5 House community are invited to share food 8nd socialise in an infomial atmosphere. Family memb8r8 are also welcomed to these larger gatherings, which have become an important point ol support and connection for the farnilies and friends of those member5 of Lyn'8 Hou89 th intellectual disabilities. Prayer We ¢onlinue to develop forms of pr8sqng which support faith and Christ18n lrfe in ways meaningfvl and accessible to people of all intellectual abilities. Additional ad hoc events These include outings, film nights, craft 5es5ion3, Christrnas parties etc, and t&ke place throu9hout the ye8r. Induction. support and tralnlng We provide these for young adults thout int811ectual disabilities who participate in the Lyn's Hous8 community ill a variety of ways. In so doing, we help non-disabled young adults to engage wth th8Tr peers who have intellectual disabilities in ways which are respectful, mutual and safe. We also foster reflection and leaming, helping them to value the presence and contribution of peopl8 wth inlelleciual disabilities and to communicate this in other s8ttings. Outreach Lyn's House seeks OPPK)rtuniti88 to wrnmunlcate our work, and the value an¢Y grfts of people with intell8ctU81 disabilities, acr055 a growing nerk of churches, collgggs, studenl groups and supporter¥ around C8mbridge and beytsnd. Challenge5 during ¢he tlme of th8 pandeml The reporting period cov8rs the period ol the global coronavirus pandemie which has involved profound cha118nges for the work of Lyn's House and its oversighl by the Trustees of the Carnbridge Friendship TrusL
THE CAMBRIDGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST2021 Since Tts inception, the work of LYN'S House has been pMised on faCe-tO-fa events which enable mutual ncounler and the building of relationships. S8V8r81 periods of lockdown have made it impossible to con14nue th the core events outlined above. In periods of1è5s sever8 r8stri¢lions on gatherings in person, mindful of the additional risks to people with fomis ol intellectual disability frorn COVID-19 infection, we have tsken a cautious approach to in-person rneeting, balancing benefits with risks. in consultation with our mernbers wth intellectual di58bilities, their families and carers. We have also provided clear and accessible information about risks, mitigations, and safe pracbce. Th6 périod of the pandemic has also involved considerablg strain 8nd isolatn for many people, particularty for our membèrs wth intellectual disabi5ilies. In order to continue to fvkll our charitsb aims. we undertook to eontinu8 our 8vents during pericmys when i person meeting was restrict8d or risky by mowng them online, and we adapted thérn ft)r 8 Mrtual environrnenl. This has involved signrficant learning, flexibility and upskilling for everyone. Wé h8ve be8n awar8 that online lrfe c8n be particulady challenging for p80ple with intellectual disabilities and have sought to mitigate thi5 as much as possible in designing virtual events. The Trustees have released funds to purchase the necessary licences for using online platForrns during the period. While the move to onlifj8 life has been instrumental in maintaining latIOnShIpS and ¢x)nne¢tions, we have also continued to grow during this period. Rather than a 'holding' phase for our and cornrnunity, we have Continued to grow as more young adukts with and without disabilities have joined the community. Tru5t8es 8r8 continuing to monitor and makè decisions about the safety and desirability of in-person meetings over time. Developlng th• aeademic dirnenslon of our charftable purposes In th8 latter part of the reporting period, Trustees have comrnitted io explore a proposal for a funded academic post to take thi5 aspect of our wort( fonward. 11 adopted, the proposal would involve an initial feasibility siudy and approaches to potential funders. A fundraising Committee already exists, and a working group has been established to fi8sh out d8tails of the prowsed academic role and the paramgters of the In81 feasibtlity study. Public Ben&fit The key public benefit Lyn's House provides is the relatNely unique opportunty for young adutts wth intellectual disabilities to meet and fomi friendshlp groups with others of their own age- who are not members of their family or carers, nor 8x¢lusively other young adults with intellectual disabilities. During the period of this report, the activiti85 of Lyn's House have provided a benefrt to 14 in¢Jividu8ls with an intellectU81 disability as well as to their families and friend5. Lyn's House prow¢Jes additional benefiis to members of our community who do not have an intell6ctual disability, alld to wider society within Cambridge and beyond. This includes the rnembers of the SIdent, intenbonal communty and volunt88rs. People with intellectual disabilities. and their contribution, are 0ft8n not visible. The work, activities and outreach of Lyn's House airn lo incre8se the visibility of people with InlleCtUal dis8biliti&s an¢Y the understanding and valuing of their gffts- within and beyond the community of Lyn's Hous8. The ongoing promotion and circulation of our publication A Kind of Upside-Downness (Jessica Kingsley, 20191 continues to Contribute to this wder dimension of publi¢ benefit. Frnancial Revlew Generous donation5 totalling £8,133 were received from institutions wthin and beyond Cambridge, 8$ well as from personal supporters. As a result. and in spite of the restrictions associaled wth COVID 19, a greater number of s(Kial activities and events was h81d in this year al a cost of some £5,166. Prop8ty costs, including rent during 8 vac8nt period and depcIatiOn, together with modest G0Veman eosts, tota118d £3,692 in the year. The SuIt wa5 8 deficit for the year of £725. Discussions h8ve been held wth the holder of the loan of £5,750 to the charity with the possibility that this may be conv8rt8d into a donation. At the same ts.me a 5P8crfIc initiative is being undertaken to ffdi5e both medium term funding and regular donations.. these are intended to begin exploration of the intended academic searCh work and support the community actimties of friendship and hospitality. Reseryes Policy It is the intention of the Trustees to cre&t8 8 reserve sufficient to cover the 8nnu81 $tsnding costs of the organisation. The Truste85 aim to have fe reserves of £40,000 but there We no free re5erv¢$ at 31 August 2021.
THE CAMBRIDGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2021 Rlsk Management Th8 Trusiees have examined the rnajor strategic, business and operational risks which the organisation faces and confirm that systems have been established to identrfy the appropri8te action to be taken to manage those risks. Continuing care is being exercised in relation to the COVID 19 pandemic and the Trustees have been guided by advice and assistan from public sources. The Trustees are eonscious of the reqU1ments of cornpliance with legislation and best practi in pect of working with vulnerable adutts and have t8k8n detsiled steps to ensure this is appropriately covered. Reglstered Office clo Margaret B8aufort Institute. 12-14 Gr8ng8 Road. Cambridge. C83 9DU Bankers Barclays Bank plc. C8rnbridge. Cambri¢Jgeshir8 Responsibilities of the Truste85 The Trustees are responsible for preparin9 ihe Trustees, Report and the financial statements in aordance with applieab18 18w and United Kingdorn A)Unting Standards (UK Generally Accepted Accounting Practicel- Charity law requir85 the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate tsf th8 affairs of the charitable incorporat8d organisation and of its incorning resources and application of resources, including income and expenditure, for the accounting period. In pr6p8ring those financial statements, the Trustees are requir8d io.. s8lect suitable accounting policies and then apply them consistently., observe th8 melhods and princip18s in the Charities SORP-, rnakejudgements and estim8te8 that are reasonable and prud8nt', state whether applicab UK Accounting Standards have been followed, subject to any rnaterial departures disclosed and explained in th8 financial statements. and ppa the financsal statements on the goin9 concem basis unless f( is not appropriate to assume that th8 Company will continue on that basis. The Trustees are responsible for maintaining proper accounting records which disclose with asonable accuracy al any time the financial position ol the charitable incorporated organi5ation and enable them to ensur8 thal the financial st8t8ments comply wth the re18vanl legislation. The Tru5te8s are also responsible for safeguarding the assets of the charitable incorporated org8nisation and hence for taking r8850nable steps for the prevention 8nd detection of fraud and other irregularili8S. Approved by the Trustees and signed on thelr behalf by.. Wllliarn M Mcvey
THE CAMBRIDGE FRIENDSHIP TRUST INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES I report on the financial statements of the charity for the year ended 31 August 2021 which are sel out on pages 6 to 10. Responslbilities and basis of report As the charitys trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'lhe Acl'l. I report in respect i)f my examinallon of the charitys accounts carried out under section 145 of the Act and in carrying out my examination I have followed all tho applicable Directlons given by the Charity Commission under section 14515llbl of the Act. Independent examinerfs ststgment I have completed my examination. I confirm that no material matters have come lo my attenllon in connection with the examination givlng me cause lo believe that in any material respect.. 1. accounting rewrds were not kept in respect of the chartty as required by section 130 of the Act.. or 2. the accounts do not accord wlth those records.. or 3. the accounts do not comply wrf(h the applicable requirements concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair vievl which is not a matter consldered as part of an indèpendent examination. I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understsnding of the a¢¢ounls to be reached. (cu LG¢ Chaler Allan LLP B&ech House 4a Newmarket Road Cambrid CB5 8Dt° Independent Examiner.. Stuart Graham Berrirrian BFP. FCA, FCCA Date.. 24 May 2022
THE CAMBRIDGE FRIENDSHIP TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 AUGUST 2021 Unre$trl¢t¢ Fund5 General Fund Total Funds 2021 Total Funils 2020 Nole Income from.. DonatK)ns and legacies 8,133 8,133 5,832 Total Income 8,133 8,133 5,832 Expendilure on- Charitsble Promotion of Sodal Indusion 8,859 8,859 3.865 Totsl Expenditure 8,859 8,859 3,865 Transfer between funds Net incomollExpendllurtl and net movement In fund5 for the year 17251 17251 1,967 Reconclllatron of funds Total fund5 brought forward 1,967 1,967 Total funds carried forward 1,242 1,242 1.967 All incom? and exp8ndItU derive from continuing actiVie$.
THE CAMBRIDGE FRIENDSHIP TRUST BALANCE SHEET AS AT 31 AUGUST 2021 2021 2020 Note FIXED ASSETS T8ngibl& fixed assets 1,301 2,367 URRENT ASSETS Debtors Cash at bank arvj in hand 2,795 3.676 6.471 2,575 3,136 5,711 CREDITORS Cr8ditors du8 within one ysar 780 360 NET CURRENT ASSETS 5,691 5.351 TOTAL ASSETS LESS CURRENT UABILITIES 6.992 7,717 CREDITORS Creditors due after one year 5,750 5,750 NET ASSETS 1,242 1,967 FUNDS OF THE CHARITY: Unrestricted funds 1,242 1.967 TOTAL FUNDS 1,242 1.967 Approv by the Board of TTUStee5 and signed on their b8half by.. W M Mcvey Date
THE CAMBRIDGE FRIENDSHIP TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 ACCOUNTING POLICIES 1.1 Basis of preparatlon The fin8nGal 8tatement$ have been prepared under the hislorftal ¢ost convention. The charity mnstitutes a public benefit &ntity as define(I by FRS 102. Th8 fin8ncial statemenls have been prepared In 8ccordance with Accounting and Reporting by Charilie8." Statetnent of Recotnmended Practic& applitrAble to charities preparing their accounts in accordance wilh the Financial Reporting Sland8rd applible in the UK and R&publiG of Ireland issued in October 2019, the Financial Reporting Standard 2ppli¢8ble in the United Kingdom and Republic of Ireland IFRS 1021, the Charities A¢t 2011. the Companies Act 2006, 2nd UK Generally Acc8Pted Accounting Practice. Description of Fund Types Unrestricted Funds may bÈ used for any purpose pÈmitt8d by th& Charitable Deed. Restricted Funds aré funds under the control of the Truste&s, th& assets and net incorne of which may b? used only for certain putposes. 1.2 Going concern basls The Trusle&s considerthat the going conc8m basls Is appropriate as additional funds w8r8 pledgéd and received in the subsequent Hr. Con5equenUy they consider th& ongoing reserves levels an(1 expected investment incom8 trj be at SuffIent levels to ensure that the Trustees meet Iheirfinancial obligations forthe next 12 to 18 months and on that basis the Charity is a gng concem. The Trustees have Gon5idered the potential impact on the ¢harity of the current global pandemlc known as COVID-19. In the opinion of Ihe Trustees there wll be no maten81 adverse efFecl on the charitys ability trj continue a5 a going concem. 1.3 Flnanclal Reportlng Standard 102- Reduced DIsGIosure Exemptlons The TDJstees h8V8 taken adv3nlage of the followryng disclosur8 exernplion in preparing these financial stst8ments, 35 perTnitted by FRS 102.. - the requirement of 7 Ststement of Cash Flows. 1.4 Income Incorne is induded In tt)e StstewBnt of Flnancial Activloes ISOFAI when the ¢harityi518gally entiued lo the inGotne after any perfomanca condition5 have been rne, Ihe amount can be reasonably rnea5ured reliably and It Is probable that the income will b8 recelv8d. Donation5 and grants ar8 Ir8818d as In(*me when any COrtiOnS imposed by th8 donor¢onGeming the transferof funds have been rnet. Incom8 from aGtivilie5 to generate funds Is tr&8tsd as income in the period th8 eventtook pla¢e. GiftAid 15 recogn188d when the tharity is entiled lo It. 1.5 ExpenUre l expenditur8 is accounted foron an accwals bass and ha$ been dasSifi underth8 headings that awregale all costs r8lat8d to the rntegory. Expenditure Is recognlsed where there 15 a legal or constwctive obligallon lo make payments lo third pa88, It is probable thatthe setUem8nt wlll b8 required and IhÈ arnount of the obligation can be liablY measured. C08ts in relation to th& adminislrallon of the Gharity are allocated to govgman¢e eo5ts. 1.6 Tanglble flxed ass8ts Assets transferred into th8 ch2ty and those acquired subsequenvy are all furniture. fittings and equipment. Deption is prudenllyapplied 8150% of their acquisition cost as ther8 Is an indelemilnate life of each asset Th& Lease belween The Cambddge Friendship Trust and The Margar&t Beaufort Instilute of Th8ology is for one year al a tirne and therefo has not resldual asset value. 1.7 T8X8tlon The charity is an 8xempt ¢harftywthin the m88nlng of Schedule 3 of th8 Chariues A¢t 2011 and is consld&red to pass the tests sel oul in Paragraph 1 sched18 6 Finance Act 2010 and Ih8refor& it meets the definition of a tharitsble company for UK Corporation Tex purpos88.
THE CAMBRIDGE FRIENDSHIP TRUST NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 AUGUST 2021 DONATIONS AND LEGACIES Unrèstrlct¥d Funds Gen¥ro1 Fund Total 2021 Total 2020 Gifts. donalons and gift aid Unino)rporated Lsn$ House Cambridge 8.133 8.133 3,713 2,119 8,133 8.133 5,832 EXPENDITURE ON CHARITABLE ACTivrrY Promotion of soaal indu$ion Unstrted Funds General Fund Total 2021 Totsl 2020 DIrE costs Use of the Communlty Rwm Hospil81ity Transport CommunitiOnS AGtivilies Propety costs Depr&clttion Support costs Governance Indep8ndenl exarnination Safeguarding 2.875 235 1.125 153 779 1,935 1.299 2.875 235 1.125 153 779 1.935 1,299 1.900 261 442 902 420 39 420 360 Totsl 8.859 8.859 3.865 STAFF COSTS No 5tsff were employed durtng the period. The Trustegs received no rernuneration u8xpenses dvring the peri. FIXED ASSETS Furnlture & Equlpmenl 2021 Total Cost or valuatlon= At 1 Seplember 2020 Additions 3,269 233 3,269 233 Al 31 August 2021 3.502 3,502 Depreclatlon.. At 1 September 2020 Charge for the year 902 1,299 1.299 At 31 August 2021 2,201 2.201 Net book value AI 31 Au9USt 2021 1,301 1.301 At 31 August 2020 2.367 2,367
THE CAMBRIDGE FRIENDSHIP TRLIST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ALIGUST 2021 Lease The Margèret Beaufort Institute of Thedogy gr8nted to Lyn'$ House a lease of acwmmcdation at the Institute forthe 12 month period 1 September 2020 10 31 August 2021. Th8 annu81 was discharged by equal monthly Instalments throughout the year., no premiurn was paid at anytime. DEBTORS 2021 2020 Tax r8coverable Other debtors 217 2,578 125 2.450 2.795 2,575 CREDITORS: Due wlthln onè y¢ar 2021 2020 Creditors and accruals 780 360 360 CREDITORS.. Due after ono year 2021 2020 Loans 5.750 5,750 5.750 5,750 During the p&riod prforto registration as a charity and whilt prepardtions were being made to mov8 the 8cllvlUes to the Margat Beaufort Instsluta indlviduals made loans tot811ing £5,750 to th8 unlnwrporated org8nis8tion. The loan$ were rnade free of interest and wthout anyspeGified payment data. On the ogistration of The cambr96 Frfèndship Trust as a charityon8 of the Indlvldual$ wa5 appointed as a TrusteB of the Gharity. Th8 indlvlduÈls proposed the transfer of each loan to the tharity underthe same temi$ antl onditsons und8rwhlch Ihelr loan had been rnada to the unincorydted organisalion. The charity accepted thosè liabilities until such time as th8 allowed repanent to be mada. ANALYSIS OF NET ASSETS BETWEEN FUNDS UnreStrIed Total Fund5 Fund5 2021 General Fund Tanglble fixed assets 1,301 1591 1.301 1591 Total net ass8t$ 1,242 1.242 10