THE CAUBRIDGE FRIENDSHIP TRUST OPERATING AS: Lylfs HOUSE CAMBRIDGE REPORT AND FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 AUGUST 2022 REGISTERED CHARrrY No 11SM6 REGISTERED COUPANY No CE020646
THE CAMBRIDGE FRIENDSHIP TRiisr FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 AUGUST 2022 Tnjstees, Report 14 Independent Examinerfs ReF &alement of Financia1 Ac incorporating the Inme and Expendre BaLance Sheet Notes to the ffinanoal sl*ments 8-10
THE CAMBRIDGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2022 The TTuslees psent their rewrtwith theknid stements ot Ihe Critle Organisation lorthe year erKled 31 August 2022. The financi slatemellts have been wep3r8d in aeeordance with the a¢¢ounling policies set out in the notes to thè tinanciaj slatements ar¥J comptywtih tha tru deed. law and the requiTements of the Statementol ReC¢xnMend P[adi. PaounlNvJ and Reporthg by Chartttes 2019 and the Companies Act 2Crt)6. Reglstration as a Charlty The Cambridge Friendship Tnjstwas 5yKX¥K as a Chariiab]e knCofjM)rated(kganlSan and regtered wlth the Charty Commission for England and Wales on 11 February 2020 wilh ts Tggstratfjn rjrnber 1187876. The registration with Compani8s Hous8 has the reference CE020468. Charitable ObFcts The Cambridge Friendship Twst works to lEeve the ne&Js ofthose learrting ¢Jtsabli rttes by supporttng a community in Cambridge inSred ty Ihe elhos of Ihe Inlernationd Federati of LArthe Communtltes offaring frièndship and hospitaltty to peotye with ieaming disabilities ar tostering and SUFWrting academic researth and dis59minaling all USefi resulls. Who We Are The Cambr4dge Frrerthip Trust {opertrg as Lyn s Howl is a o)mmunity of Feopte wilh and witl)ul inlellectyal disabilities. We seekto trAJild muttjally transforming rela"onsh>S within an atmosphere of fn"endshp arml acceptance. Christian faith shap8s our elhos and our lrfe together. and we are commiited to finding Wa to arb"culate and express what Ihat means lor ot us. as people of Thdy drffertyw Éntellectual abiltttes. White we celebrate our Christian identity. we are open to of all latlhs arKI . We re{a)g and value the grfts ar)d presence of each person. The opeTion ofthe Chartfable Incorwrat&f Cganisat.0n is governed by its Foundalion Document. As ach registered with the CharÈty Commisson for EngL3ThJ and wes. HM Revenue Customs have recogni1 the charty fortax purposes. Since the charity onty uses ib futKls for Charitab purrx)ses no taXlon is then payab on the income or gains. The overall resp01%$1tyft the werationsotthe Charitable Irwrporaled Organwli arxl its finances is wth the Trustees_ The Trustees have served during the year arxl subsweth are: Professor DavKI Ford Mrs Bart)ara Bennett Revd Detx>rah Ford Mrs Judith GaRkn Revd Dr Carole IrwTn- resigned 7 July 2 hrfr William Mcvey Mr Jonathan Young Appointmenl and Tralnlng of Trustees The wwer lo apptst and remove Trustees E vesbj wilh the TnJstee& Und¥ the temis of the FouThJation Document there shall not be less than lhe. and nol more than trVe, Trustees. Truslees are each atpouiled lor a period ot three Y$. On appxxthmerrt eath Tnjstee r1ve$ ty)pies of the {nsI11Uts"Ond and policy documentsol the TrusL wth Cur ar lorward finanud pEanning iftformaion. Trustees e provided wth regular UFxlates of relevant inf0mtron trom the Charity commissi other relevant sources. Achievelnents and Perfomiance The reporting peTiod covers the gradual emergence tM Ihe wiod of Ihe 9k cx)wonar$ panderrricthe past year, arKI a relum to ITT pen gatheriry& has inoiv&J orefiA rrts)ritlorwwJ 8xKI OV51ght in relation lo the WO and activiiies ol Lyn's H¢)use. Since tts inception, the work of Lyn's HcrtJ has be premisedon kntO-fa(e enable mLrtu ennter81b the buikling of relalionships. Severaj pefiLKJs of irxckM have made It impossible lo (x)ntinue with the core events outlined atrf)ve. In per ol less severe restric1] on gatherings in person. mindful of the addition risks to people foims ol intellectuaE dtsability from COVID-19 inlecbon. we have taken a caubous approach lo in-person meeting. balancing trmefits risks, in consultation ¥th our memivswth intellectual dtsabiliiies, their families andcarers. We have aLw prowded dear and acce&wble irrfoTmalt(¥n about risk& mitigatiorts. and safe piat#i¢x
THE CAMBRIDGE FRIENDSHIP TRLT REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2W22 The period of the pandemic has al invow ¢Tr518 Strain aFKI isolalton for many Fw4&, paitcutarly lor our members with intellectual disabilthes. Ir ordgr to continue to fullil chartial arms. we con1inu our events durtng pthts WIHI Ni-person rn11ng was restrict8d or risky by moving them one, and we adapted them lor a vittAd WvironmL Thi5 has involved signtficant lèarning. lexibility arxl upskilling foT everyone. We have bn awara that0nl1r can be particu challenging for peOe wtih intellectual (abilitieS ar%J have soughtto miwe Ihis as muth as possible in designing virtua events. Th• Trustees have released to wrcliasethe necessary liwises for using online pL4ttoTms during the pertod. While the move lo onfine lrfe has been insknmenlaj Èn maiEtsining relationshipgand connecbons, we have also continued to grow during thls perto(l. Ralherthan a'hokling. phase l¢y ow w(xk and commLfftty. we have continu&J to grow as more young adults and witlx)ul th5ablibes haveJoin Ihe communty. Tnjstees conb.nue to rnOnTtorand make th¢1$$ Kthe satety and of Ipen rneetings. Alms and ObctiVeS Lyn's Hol is the operatiro name of the Camlxxe Frwdshy TnJsL Lyn's HoLe was fwnded in cor6urtation with people wlth Intellectu dlIttleS and famiknes in the CambTKlge are& Et ch2rftable ststtjs {as the CambrKJge Friendship TTUSt} n 2020. Social isolation and stigma tersist for people wilh inte[1[ dabRItIeS. ¢knJmenls their impact despite a shrft to ¢ommunty.based care mod. 2019 re5eaTch by charity WAVE lor Change, shows the importance of contact in reducing negative attrtudes and isolation tArt demoe5 that peoFle witrF and yriltto intellectual sabilthes rarely mt outside a sociai.czre or family selttng. Lyn's House was lounded in 2013 not as a rare provkyw txrt as a Lwnmunity of frien(tship for people with and Va4lhout intellectu dithilrties. vAth a foujs on people in Ihar 2)s and 30& It has links the Unniersty of Cambridge and many of tts rnembws arealso membws of the Lyn's HoLL8e seeks to counter the social isolatx)n and stignatsation ol people wrth intellecttjal (fL8thilie& B FErhaps more imrx)rtaritty, it fosters muthl enrictiment and benefft ift frseryjship among people of dtffering abiliti"e& The experienlx ot beiftg valued for who they a in Lyn's House has inportant for people with intdlectual dLsabililies, but ety meanuigkd lor slaff aTKI skthnts livwMJ and wryktiig tn the $Xes$en environment of a modem unNersity. A SM¢. resKlentÈal commimity of adulls without 1ntthth (fsaLMltss fryms part of the wider Lsm's House ¢ommunity. Each year, three indiwduals commit the[rk8ees to intentional ChFiStrdn communty. and to participation in the lrfe and community of Lyn's House- particulaty in devebpiEYJ nxthaity eniiching relatiorh1 Wtth young pewe of their ovm gelleraln wh) have inlelleduai (thsabiJtiKes. The core events ol Lyn's H(KJse are de to fulfil auns by enabfry rt9 pe lo meet aF¥J spend time with each other in a sale and surported spw, arny lo grow in mulud under5tarJiro arKI apprectation. We have sought lo develop the knnds ol activities whith are natur ays tr1 0up5 of lriends wwld wnd time bJether. These events are plaIed and monilored in detatl by a Siewry Grow). Fortnighty mealsfor small groups of young people Small groL¥)s ol people in their 20s 30s meet to Cr aJKI eat ityjether. to and to SlX2abse in a relaxed mosphere of frieThJship mutttd ho4ilJtty. The groups femain consÈstent auoss a whole year. and ky)ger when poss. to a15ow rektionshiFX8 to ar&1 deve Monthlytea PaeS Atl members of the Lyn"s House community are invited lo ar Salise in an informal abmosphere. Famity memtrs are also wekomed to these krger gathertrvJs. whtch have iEcotne an imwrtanl point of support arxl (X)nr for the farnilies and frtents of thcEe ol Lyn's House with intdlectuai disabilities. Prayer We continue to ¢Seveknp fomis ol praY1g supFKNI fth aTrJ Itfe in rneaniw and accessible to people ol all intell ablE[es.
THE CAMBRIDGE FRIENDSHFI TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGugf 20r2 Additiona] adho¢ents and take placa through)ut th& year. Also lh8 annuat visit at the irNilalion ol Pembroke College, 2021. Inducllon, support arKI training We wovide these lor young adutls WilhC Inte[ClUa1 (£sabÉfili8s parbcte in the Lsm's House communtty in a variety ol w. In so (kling, we help non.(rLsed young adums to engage with their P88rs who have iTrtelleclual disabilibes in ways which are r•1. mutual and safe. We atso foster re[loft and ieamÉng. helpÉng them to vue the preserKe and con1ri of peo rtttej1ed di8abitsb.es aftd to communicate Ihis in other setbTr. Outreach Lyn's Ho@ seeks (pwthiiti8s lo (xknmmte our and the value grfts of people wilh Intellectu disthlities. aosS a growing nthork ol thur(es. ste groups and SlPKMyts around Cambridge arxl beyond. The Twslees pjan a leasibiltty study for a fund1 proj&tlo Search how Fe0 experience bek)nging to the communty and its impact on their lives arKI latu), and to bufid on and share Ihe fmcfings th other potential beneficiarie& A core commrfment is that the communty of Lyn's Hwse will be participanls in. rather than objects ol this research, which will mean devetopw researth 1crf) th rndhods wwiate lot peoFle of dilten.ro into118cttJal abilrties. We have akn tdentffied Wtonti coBat)rabve parhHs forlhis work: the Von He1 Instittrte in St Eijmuntfs College. Cambridge" The UnNersty of Notre Dame Gk4)al Gatevday, Rome" L'PJche Crynmunty, Rome. and The Unniersity of Aberdeen's Centre for writual. heaith and Disth"lrty. Publi¢ Benefit The TTUStees. in settÉrvJ the o4eves. have had regard lo berEfft wtdarKe issued bythe Chanty Commission. The key pubfic benefit Lyn's House provtdes is Ihe retativety untque OFwrlunity for Ung adults with intellectual tjisabilities to meet and form frtendshipgroutxs with others 0fthe wi age- who are not membeTS of their lamity or carers. nor exdusivety other young adulLwilh wrte]EerXJaJ IfabIlIh. During the period of thts rert, the activities of Lyn's Fk)use have a benefftto 14 inibviduals Yth an intellec1 disabifity as well as to theirlamilies arKI frie1> Lyn's House provTdes adthonal beneffts to membersof (WT communtywho not tAve an inteectUat disability, arrfj to wider society wthin Cambri(hJe and beyond Thi% Èndudes the members of the residenL intentional community and volunteers. PeWewÈlh intdkctual (fjsabilths. and Iheir contsikxjtion. are often not Vible. The wort activttses and outreach of Lyn's House 1n to increaselhe YE1rtY ol IpIeI irrtellériual disabiknlies a1 the understanding aNJ vlng of thw gifts. wrylhin and LworKI the eommunty of Lyft's Fk)use. The ongoirKJ promotion and cir(xJLalion of (yjr WlCatIon A IOnYof1tsKtrLknvrnw{Jca Ingey. 20191 continuesto eontribuEe to thts der thmension of benefiL Financial revlew Generous donations totalng £11.819 vere received from instriUb Mrylhin and tt>Y)nd CamlJidg< as well as from person supporter& Repayment ol the klan 01 £5.7&) that had been fflade by a supportef Isubsequentry a trusteel. vras generoustywalvj and was Ireated as in)me during the year. As a result. and in spite ol the restrith>ns asswatedwth COVID-19, we were enabled to Cont1Ue to hokl soual athÉties and events in this year. at a c051 of some £3.300. Prormty o)sts. includÈng rent during a vacant period and depreryation. togelher with m0destGoverrw costs. £30.896 in the year. The resujlwas a sutplus for the yearof £1,814 {2021: deficr1£7251. Reserves carried foNrnrd at 31 August m Ihus Wtueasedto U056 {2021: £1.2421. SlrtfUndTalsITrj reSutt in adthrtionaE incorrke o £1.555 during September2022 folkjved by £8,196 in Cttober and November 2022. Consequently reserves have been restoredto a PTa(cXlvrtQng level. In the su¢(tlrwJ months a greater fundraising effort has so far rai8ed an a&tional £15,000, furthw Kwoving thefinwriat reserves. Free reserves at 31 August 2022 were £1.848.
TrIE CAMBRIDGE FRIENDSHIP TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 21Y22 Post.Balance sheet events noted above. fundrdising admty by the truslees h&% been iTryeased Tpth a maTe¢lly kK)sthve effecL Noti was en occupied the Mar ret BeaulTh1 Ir6titule of ihar inlenlion to sdl the sttè. incltNJiTrJ the ac(x)mmodalion ¥rallonS sequent negotiations with the prospectiw wrthaser have Te5uited in stron al Lyn's House wdl be graritj secuTrty ol teriure fLY at leastthe academical year 20Z3.24. trustees have therèfore contirtued to seek residerrts IOT the communrty lor 2023-24. 8 noled abovè, the trustees are a feasblity study for an aca(knic prqecl. exwing some ofth& centr ms and obiectsves of the charty. The er¥Jagemertol the P3thrs in ths entewwjll be of considerable mLttual beneffiL Risk Management The Trustees have examined the maiorstrategic, business and Operation risks whith the o anisation faces thea and confirm that systems have been establtshed to id8ntiL wrop rtatè a¢tion lo be taken o mana e those nsks. Conbnuing care Is beiro exercised in rek4tJon to the vi 19 pandern and the Twstees have en uided by advice and assi8tane8 from public sour¢è& e Trustees are conscious ol the requiremenls of rxKnpik2rKe legiation atKI best ractice in respeci of worknng vulnerabtg adults and have lakon detaled steps lo engjre thi5 15 aetycov8r8d. Reserves Policy is the intention of the Tnjsteeslo create a reserve sufficientto eru}e anruA staThYing costs of the OrganOn. In addition. to fulfil the ob'ective of arademic research in ths field the Trustees are keen to create a fund to enable financing of such work K Trustees am to have free reserves tif £40.(k)O bul there were limited free reserves at 31 August 21Y21 that sitixatK>n is beiry rem6Ylie(L IW Th)1 yel to the target leyej. Registered Ottice o Margaret Beaulort In8t&ute. 12-14 Grange Roa(L CamlxKkJ&. CB3 9DU Bankers Barckys Bank tyc. CamtrJi(%Je. CthxThtyeslHre Res nslbillties ot the Tntstees The rustees are responsitAefor p%riry the Trusts' R rt and Ihe statemwtls acCordanwith applithle law and United tfjngdom K Generalty Accepted P(tountrg Pracbce}. Cha17ty law requires the Trsjsteesto Wep??[al stalementsfor each financaal whth gr4re a true and air view of the slate of the affairs of the eharitabte incorporated orgaThsation and of tls resources arKI apptication of resourees. irKluding income arJ exFwthre. torthe accounting in preparing those financial statements, the Tnjstees are reqLbired to: otk%erve the methryts and Fxirtwles in the Charilies SORP,. makeju(tyements and estimates that are reasonthe and Fy. statè whetheT applicab UK Accounting StarKlar(ts have In folw subpcl to any malerid departures (tisclosed and e>p]aned in the ffinanri slatements. ar prepare the finan(ial statements on the gjing bw unless it is tM)t aKvopriate lo assume that the companywll conlinue on Ihat basis. any time the financial pK)sition of the thailable irKa)fFxYa organisation and enable them to ensure thal the finanaal slatements ih 1he retevant legistatson. The TTuslee5 are also responsible lor safeguarthng the assets of Ihe tharilth organisabw arld lor taking reasonthe stws lor the prevention and delarOn of1rdj and other wregularitie Approved by the Trustees and swJned on ttir haIr by. ljll h>3 WilliaTi)M-McVéy
THE CAMBRIDGE FRIENDSHIP TRusr INDEPENDE EXAPXINER'S REPORT TO THE TRiISTEES I report on the linancial statements of the (JRrity for the year erJj 31 Awust 20 whtch are set out on pages 6 to 10. Responslbilities and basis of report in accordance with the requiremerts of ts Charilies Act 2011 (Ihe Actl. I report in reSpt of my examinatton of Ihe chlS accounts out urthr section 145 of the Aot and in carrying out my examination I have followed all the applicable Direcllons given by the Charity Commission 14515}Ib) of the Indepèndent examiners slateme I have completed my examination. I confinn that no material matters have come to my attention in connectton with the examination grving me cause to befleve that in any material respect: 1. accounting reccts were not kepl in resp1 of the cTrwtly as required by lm}n 130 of the Act,. 2. the accounts do not rd vith tFK)se records: or 3. the accounts do not compty wtth the arwtcable requÉrements Colerning Ihe fonn and content of accounts set out in chareS (Accounts and Reports) Regulations 2008 olher than any requirement thal the accounts give a and faiTvi&rf whth is not a matter coryside as part of an independent examination. I have no concems and have come OsS rK) Other fflattw5 in ccmnecbon Nmlh the examination to whtch attention shoutd be drawn in this rewrt in to en*Je a woper undSIng of the accounts to be reached. Chater Allan LLP 7 Quy Court Iliers Lane tow-cum-Quy Camb CB25 9A Independent Examiner: Stuart Graham Beryiman BFP, FC& FCCA Date: 19 June 2023
THE CAMBBIDGE FRIENDSHIPTRiIST STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 AUGUST 2022 Toial Funds tkjnallons and ]egaue3 Other income Rents 17 17.569 133 3J,078 20,078 Totsl Income 37.647 37.647 8.133 Chafitat4e Prornotirm ol srrial hndusi &5M &5,8¥J &859 8,859 1.814 1.814 IT251 funds lorthe aT Recondllatlon of lund* Total funds broud tmrd 1242 1.242 1242
THE CAMBRIDGE FRIENLJSHIP7RiIST BALANCE SH AS AT SI AUGUST 2022 TangiNe fixed ass8ts 1,301 ¢URREKf ASSETS Debtors Cash at bank aYKI tn h•£ 1795 4676 8.471 3278 CREDTfoRS credit within y¢ar NET CURREHf ASSETS 5,691 6,991 CREDrroRS Creditcws due aftwon& y 4750 ASSErs FUNDS OF ThE CHARrrY: Unreskncted fun(Ls 1,242 TOTAL FUNDS 1,242 W M Mcvey Date
THE CAMBRIDGE FRIEIIDSHIPTRusr NOTES TO THE AKANCIAL STATEUWS FOR THE YEAR ENDED 31 AUGUST 2Wk2 ACCOUPttING POUCES 1.1 Ba51s of prepaTthn public nefft tity as defi by FRS 102 finanLial statemetts habE been wepar&l in acaxlrdance th Awunfrng aAY ReFoJng by CharilÉes: Statemertt of RecOMrTL& Practice to chbe$ preparing their a¢Ur in accoTdawKE hilh the FHnal ReFX)rIU SlaThYth a[wle in IhÈ UK 8r%l Republic of trdaThJ issued in 2019, ts Fiwtial Rep)rb"rwJ SlarwJar(l appLzbte in ts United Twom St Republic ol trdand IFRS 102). the Charities Aa 2011. Cotrwyes Act 2(X)6. and UK Description of FuEtd Types Unrestrided Furvjs tnay be ed for any purEy)se usd Only for ttrt8in purwses. 12 Going TeM basts investrent incorne to be at sUffi¢)ttIeve1Slo eftsure thai Il TrusteÈs meet obtsgations forthe nexl 12 to 18 months aTrJ on that Charity is a )Er0 nft. Tle Trus have (¥1dered the potentiJ impaLt on the tharity ofthe gknbd paEkkn kn)071 as COVID-19. In ts l'niOn of the Twstees there will t no Materi atrerseeffect on Ihe thori$ abthty kn corn1 as a goir¥J (x)rw statemenE as pem)itt8d by FRS 102: 1.4 Income measured reliably arKt it is probab Ihatthe inttjme t Ihe transfer offurKls 1.5 Expendltu AU expenditu is aconted for on an acraL% basKs and ha5 been dassffj&Y urthrth8 hea(fings that agegate dl eosts related io tt)è cat8tyyy. Experxfjmwe w&twe the isa legal QT constiucve dlgation to make payments to ttrm.rf PaTtres. it wobthllNaltssetilementvAII bg requiied ar11 amountoflhe 0bl1gabc be 1.6 T¥nglbleflxed assets Assets transferred into Ihe rity ar1 th¢e aQ¥pJÈrl thwtjerfy are all luTh•lure. fitbrwJs arAI iyeterMth Ilfe ofeach awt. Theology is for ore year atatime alIhe10r8 tt resithl as*tvalu6. 1.7 Taxallon The clwity is an exenwtthaiity %%itFun MeaTh of SCI 3 ofts Challbes Ad 2011 Ls (x)nyAd818d to p8ss theIeStssetrt in Paagr4th I S(thduie 6 Act 201OaTh# thereforè rt
THE CAMBRIDGE FRIENDSHIPTRusr N(yfES TO THE FINANCIAL STATEIIVITS FOR TTrIE YEAR ENDED 31 AUGUST 2022 Fur•ts 17 17.569 8,133 17,569 17569 8,133 EXPENDITURE OM QIARITABLE Acfi¥TrY Pn)motion of SOL¥aS indugc Dlr•¢t eosts Use ottto Commuruiy Room Rent ktospitality Tronswt commurb0r Actiwbes PropeTty ¢>)as 8.n2 20.078 8.772 20,078 75 1687 1.125 153 165 1106 1x17 1106 Supporteosts Goveman IrKlependenl exarninalion Safeguarding 420 10 10 No aff WeTè èmployed durir%J Ihe FIXED ASSErs Tolal Cost or valuallon: At I Se[202] Athyitions 1.114 1.114 At 31 August 2tr22 4.616 4.616 At I SeOember 2021 Charge for 1207 At 31 August 2022 Net book ¥alue At 31 August 2022 At 31 Augusi 2021 1,>)1
THE CAMBRIDGE FRIENDSHIP TRUST MOTESTO THE ANANCIAL STATEIlEIs FOR THE YEAR ENDED 31 AUGUST 20T2 The MargaTrt BeaJfort tnstituk ofTWgrartt8d tts L.$ Fkw a fease ol 0MmrIalIoft * the Instsbjts forts 12 morth wi1 I Srr221 to 31 M4ust20tI pard at any b"mè. DEBTORS Tax recVere 217 2578 1578 3232 cREDORS. [e within 4>Dey CREDtroRS: thje allerone 5.750 5.750 Durir4J the period priorto registrahon as a tAiÈty arnlwhde F¥yatth)r6 vue b&NJ rnatle lo move activkties to the Margaret Beaufort le itthNJuaLs loanslotalirb3 to the repaymert date. Cx) the registration olThe Camtsi Frierdthi> Tnjst asa ctsrityone oftr* irthv4Juaswas appointed as a Twstee of the charity. The iThJwKknls protxjsl the trarEsleroE eath toan to the chawityurnJÈrthe sarre eed IhatthÈ loansknwld be waiwjthring erthl 31 aW2022 TangibIefed assels 3.056 10