Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
2024-25
ANNUAL REPORT
A WORLD WHERE ALL CHILDREN HAVE OPPORTUNITY TO FLOURISH
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
L C H i s a n E a s t M i d l a n d s c h a r i t y t h a t a l l e v i a t e s t h e e f f e c t s o f p o v e r t y a n d o t h e r d i s a d v a n t a g e s o f c h i l d r e n t h r o u g h a r a n g e o f p r o g r a m m e s t h a t p r o v i d e s u p p o r t , e x p e r i e n c e s a n d o p p o r t u n i t i e s .
CONTENTS
ANNUAL REPORT 2024-25
Our Chair and Our CEO Welcome.....................3 Our Charity .................................................................4 Our Purpose................................................................5 Our Provision..............................................................6 Our Achievements....................................................7
FINANCIAL STATEMENTS AND TRUSTEE REPORT 2024-25 Report of the Trustees................................................9 Independent Examiner's Report.............................11 Statement of Financial Activities.............................12 Balance Sheet...............................................................13 Notes to the Accounts...............................................14
2
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
WELCOME
BRYON BROTHERTON MBE - CHAIR
This year, we witnessed both the growing challenges faced by children living in poverty and the extraordinary power of compassion in action.
Across the communities we serve, too many children continue to experience hardship that no child should endure. Yet, because of the unwavering support of our donors, partners, and volunteers, we were able to stand beside them — offering not only essential provisions, but hope, dignity, and reassurance.
As demand for our services increased, so too did our determination. We expanded our support to reach more children and families, ensuring that help arrived when it was needed most. Behind every delivery is a child who feels seen, valued, and supported.
Our partnerships with schools continued to grow, strengthening our ability to identify needs earlier and respond with care and sensitivity. These collaborations are central to our mission and amplify the difference we can make together.
I remain deeply inspired by the dedication of our staff and volunteers, whose commitment and compassion drive our work each day.
On behalf of the Board, I offer heartfelt thanks to our supporters and partners. Your generosity is changing lives, creating possibilities, and helping build a future where no child is left behind.
NICHOLA MOORE - CEO
Child poverty is reported to now be impacting on 4.5 million children in the UK. It is therefore crucial that local and regional charities such as LCH are supported by their communities so that they can reach those children and families directly affected. It is fantastic for me as CEO to report that LCH is responding to this picture across the East Midlands.
Our school partners have seen huge growth across all areas of the East Midlands and we have over 230 schools nominating children and families to us for our support.
LCH helped more children and families than ever this year, with 10,271 acts of kindness provided through our seven programmes.
Our Bridging the Gap programme is seeing the most demand and this demonstrates the levels of poverty we are living with as many families struggle to afford the essential items needed to live a healthy and fulfilled life.
We launched our School Uniform Project this year that was funded by Leicester City Council - Our July pop up shop in the Highcross was a huge success and saw huge demand.
We have recently moved into new premises, which is enabling us to respond to requests quickly, and we are able to work more efficiently and effectively.
We have secured corporate partnerships that have provided us with the space for our pop up shop, corporates that provided us with much needed goods suitable for children, funding for future projects, volunteering time from their staff and much more - we wouldn’t be able to do our work without you - so thank you.
I would like to thank everyone involved in LCH, from the staff, school partners, volunteers, corporates who believe in our mission and every single person who has donated to us this past year. LCH is now achieving fantastic things - and your support is a huge part of this.
3
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR CHARITY
OUR VISION:
A world where all children have opportunity to flourish.
OUR MISSION: Investing in children, inspiring dreams, unlocking potential, creating lasting memories
OUR VALUES:
EXCELLENCE COMPASSION Achieving our Being kind. best for young people.
INCLUSIVITY Everybody matters.
INNOVATION
With new ideas, tomorrow is the future.
COLLABORATION Partnerships strengthen the journey.
FUN
We are all about smiles.
4
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR PURPOSE
Reported by: Child Poverty Action Group
5
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR PROVISION
TIME AWAY
Organising short breaks and day trips for children of all ages
RESTED MINDS
Supporting the mental health of young people through creative therapy
SCHOOL UNIFORM
Gifting recycled uniform sets to those who need them most
BRIDGING THE GAP
Gifting essential items that young people need
BROADENING HORIZONS
Funding out of school activities and hobbies all year round
SCHOOL ADVENTURES
FAMILY MATTERS
Financial support for families struggling to meet the cost of school trips
Providing family experiences at festivals, cinemas and theatres
6
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR ACHIEVEMENTS
400 1,504 3,000 children funded to hours of mental filled pencil cases enjoy their school health support for provided to start trip 53 children school equipped 2,342 1,748 54 Children provided Toiletry packs Children engaged with school provided for teens in a hobby or sport uniform and families outside of school 288 10,271 Children enjoying Acts of Kindness for a short break or thousands of children holiday in 2024/25
7
Docusign Envelope ID FEA0619E-80634715-9DBO-C3A840EF3288 2024-25 FINANCIAL STATEMENTS AND TRUSTEE REPORT LCH Charity L(ftu¥ Children's Hope6
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31ST AUGUST 2025
Legal and Administrative Details
The trustees present their report and the financial accounts for a 13 month period from 1st August 2024 to 31st August 2025, which has been prepared in accordance with the accounting policies set out and comply with applicable law. The trustees confirm that the trustees report and the financial statements of the charity comply with the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)
Constitution, Objectives and Policies
A Charitable Incorporated Organisation Charity (No 1190204), with the object to relieve the needs of children aged 6-17 who are in need by reason of poverty, disability or other social or economic disadvantage in Leicestershire and the wider East Midlands by the provision of respite, short breaks and holidays. The policy of the Charity continues to be to seek additional finance and support to continue to maintain and increase the level of facilities and services provided for the children.
Previously a charity (No 217976) originally established under a Trust Deed dated 1898 in order to provide free holidays for economically disadvantaged children of Leicestershire between the ages of 6 and 10. On 1st August 2020, the old charity ceased to trade and its assets and liabilities were transferred to the new CIO.
The Trustees have full responsibility for policy formatting and implementation and delegate all operational matters to the CEO.
| Ambassador | Vacancy | Trustee Details The trustees named have served through the year. The appointment of trustees is governed by the Trust Deed. The board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. |
|---|---|---|
| Chair | Bryon Brotherton MBE | |
| Vice Chair | June Bhatty | |
| Executive Commitee of Trustees |
Bryon Brotherton MBE, June Bhatty, Jean Lewis MBE, Hema Badger Mistry, Eilidh Stringer, Chris Hewitt, Anita Popat, Paula Coplin (appointed 25/05/2025, Anthony Smithson (appointed 25/05/2025) |
|
| Bankers | Lloyds Bank plc, London Road, Oadby, Leicester | |
| Independent Examiner |
TC Group, 31 High View Close, Hamilton Office Park, Leicester, LE4 9LJ |
|
| Registered Office | 82 Cannock Street, Thurmaston, Leicester LE4 9HR |
9
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
Structure, Governance and management - Trustees Responsibilities
The Charities Act 2011 requires the trustees to prepare statements of account for each financial year, which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. In preparing those financial statements, the trustees are required to follow best practice and:
-
Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent
-
Value assets and liabilities in accordance with the Statement of Recommend Practice Accounting by Charities to state whether or not the accounts have been prepared in accordance with applicable accounting standards and statements of recommended practice and to give particulars of any material departure from those standards and practice and the reason for such departure
-
Prepare the financial statements on the going concern basis, unless it is inappropriate to presume the charity will continue in operation.
The trustees are responsible for keeping proper accounting records, which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that any statements of account comply with the requirements of the applicable law and regulations. They are also responsible for the safeguarding of the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Investment Powers
The trustees are authorised to make and hold investments using the general funds of the charity.
Reserves Policy
The charity's reserves policy is to hold up to 12 months operational reserve. Remaining funds are designated for future investment of the charity such as supporting our growth strategy or for investment in future provision such as buying caravans to support Family Time Away.
Risk Management
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current reasonable levels combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks including all issues surrounding safeguarding faced by the charity and confirm that they have established systems to mitigate the significant risks.
Election of Trustees
Trustees are invited to nominate trustees. New trustees receive information about the charity and are encouraged to meet trustees and staff prior to confirming their agreement to their nomination being submitted
Management Process
The board of elected trustees have equal responsibility for the running of the charity. The elected board members will appoint from amongst themselves a chair, a vice chair, and other such officers as may be necessary from time to time.
The charity currently employs a full time CEO, all operational matters are delegated to the CEO.
The charity is currently in a period of growth and the staffing levels have increased in 2025 to support this growth.
Public Relations
Continuing promotion of the charity, its profile, unique objectives and requirements for funding through public donations is an ongoing priority.
10
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
INDEPENDENT EXAMINERS REPORT
Report to the charity trustees on my examination of the accounts of LCH Charity (the Trust) for the period ended 31 August 2025.
Responsibilities and Basis of Report
As the charity's trustees are responsible for the preparation of the accounts in accordance with the requiremenets of the Charities Act 2011 ('the Act')
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable directions given by the Charity Commission under section 145 (5) (b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1) Accounting records were not kept in respect of the Trust as required by section 130 of the Act;
or
-
2) The accounts do not accord with those records; or
-
3) The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached
Jordan Dennis
TC Group 31 High View Close Hamilton Office Park Leicester LE4 9LJ
4/8/2026 Date____
11
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31ST AUGUST 2025
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The notes on pages 14-21 form part of these financial statements
12
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
BALANCE SHEET
AS AT 31ST AUGUST 2025
The notes on pages 14-21 form part of these financial statements 10/03/2026 Approved by the Trustees on.......................................................................................
Signed on their behalf by: Chair - Bryon Brotherton…………………………………………..............................................
13
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B ~~NOTES TO TH~~ E ACCOUNTS
FOR THE PERIOD ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES
Basis of Preparation
The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 (Charities SORP FRS102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention, and are presented in sterling (see note 15). Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Fixed Assets
Fixed assets are stated at cost less depreciation. Assets introduced from the previous Trust have been included at net book value. Depreciation is calculated to write down the cost or valuation of tangible fixed assets to their estimated residual values over their estimated useful lives at the following annual rates : Improvements to Leasehold property 20% of cost Website 20% of cost
Office equipment 20% of cost
Income
All income is recognised once the charity has legal entitlement to the income, when there is sufficient certainty of receipt and the amount of income receivable can be measured reliably.
Donations are recognised upon receipt and classified at that point as either unrestricted or restricted if they donation is for a specific purpose. No amounts are included in the financial statements for services donated by volunteers.
Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank.
Investment Income
Income from investments is included in the Statement of Financial Activities in the year in which it is receivable.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs related to that activity, including support and governance costs. For more information on this allocation refer to the note "allocation of governance and support costs" below. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of resources.
Charitable activity expenditure are those costs incurred in attracting voluntary income, and include expenditure directly associated with individual projects and support costs relating to those activities.
Allocation of governance and support costs
Governance costs are those incurred in connection with the management of the charity and its assets, organisational administration and compliance with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with their use of resources.
The allocation of governance and support costs is analysed in note 6.
Restriction Funds
Restricted funds are accounted for in accordance with the particular terms of trust arising from the express or implied wishes of donors in so far as these are intended to be binding on the Trustees.
Designated Funds
Unrestricted funds that have been designated for specific future expenditure by the Trustees.
General Fund
Free reserves that are those available for the general purposes of the charity, after deduction of restricted funds, designated funds, and the Capital Fund.
14
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
2. DONATIONS AND LEGACIES
3. INCOME FROM CHARITABLE ACTIVITIES
4. INVESTMENT INCOME
15
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
5. RAISING FUNDS EXPENDITURE
6. CHARITABLE ACTIVITIES EXPENDITURE
16
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
7. OVERHEAD EXPENDITURE
8. STAFF COSTS
The average head count of employees during the year was 6 (2024:5)
No staff were paid more than £60,000 during the period.
9. REDUNDANCY COSTS
There were no redundancy costs either paid or provided in the period ended 31st August 2025
17
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
10. TANGIBLE FIXED ASSETS
All material assets are held for the Charity's own use.
18
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
11. FIXED ASSET INVESTMENTS
12. DEBTORS
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
19
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
14. RESTRICTED FUNDS MOVEMENT
15. UNRESTRICTED FUNDS MOVEMENT
16. DESIGNATED FUNDS REPRESENTED BY:
20
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
Designated funds of the charity have been set aside by trustees as follows:
£360,000 for an Operational Reserve which will cover up to eight months of the charity running costs.
As the charity has developed we have decided to focus on family holidays and experiences, therefore the long term plan for our own activity centre has been paused as we develop our investment in family time away.
£90,112 towards the purchase of caravans for the Family Time Away Programme.
17. ASSET TRANSFER ON CREATION OF LCH CIO
It came to light during the financial year that when the balance of the assets of the previous entity (Leicester Children's Holidays (charity number 217976)) were transferred to the current CIO on 1st August 2020 they should have been held in a restrictive fund for use for beneficiaries resident in Leicestershire and Rutland. Any subsequent assets could be used for beneficiaries in the wider East Midlands.
The table below shows how these funds have been spent on the last 5 financial years. These funds have now been exhausted.
Balance Transferred to CIO on 01/08/2020: £643,255
21
Docusign Envelope ID". FEA0619E-80634715-9DBO-C3A840EF3288
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE 13 MONTH PERIOD ENDED
31 AUGUST 2025
| Income 2 Charitable activities 3 Investment income 4 Total Incoming Resources Expenditure Raising Funds 5 Charitable activities 6 Total Expenditure Reconciliation of Funds Total funds brought forward at 31 July 2024 Total funds carried forward at 31 August 2025 Transfers Net movements in funds Note Net income/(expenditure) before transfers Donations & legacies Net income/(expenditure) before investment gains/(losses) Gross transfers between funds Net gains/(losses) on investments |
Note | Unrestricted Funds 2025 £ 71,795 187,700 17,987 |
Restricted Funds 2025 £ 112,819 - - |
Total Funds 2025 £ 184,614 187,700 17,987 |
Unrestricted Funds Restricted Funds Total Funds 2024 2024 2024 £ £ £ 83,923 17,500 101,423 123,371 - 123,371 19,913 - 19,913 |
|---|---|---|---|---|---|
| 277,482 | 112,819 | 390,301 | 227,207 17,500 244,707 |
||
| 40,187 236,818 |
- 102,119 |
40,187 338,937 |
40,450 - 40,450 206,131 24,259 230,390 |
||
| 277,005 | 102,119 | 379,124 | 246,581 24,259 270,840 |
||
| 477 | 10,700 | 11,177 | (19,374) (6,759) (26,133) |
||
| 7,703 8,180 |
- 10,700 |
7,703 18,880 |
5,184 - 5,184 (14,190) (6,759) (20,949) |
||
| - | - | - | - - - |
||
| 8,180 462,649 |
10,700 5,680 |
18,880 468,329 |
(14,190) (6,759) (20,949) 476,839 12,439 489,278 |
||
| 470,829 | 16,380 | 487,209 | 462,649 5,680 468,329 |
The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derives from continuing activities.
The notes on pages 16 to 28 form part of these financial statements
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
BALANCE SHEET 31 AUGUST 2025
| Note £ £ Fixed Assets Tangible Assets 9 10,663 Investments 10 335,488 Current Assets Stocks 898 Debtors 11 14,860 Cash at bank and in hand 152,069 167,827 Creditors - amounts falling due within one year 12 26,769 NET CURRENT ASSETS 141,058 NET ASSETS 487,209 THE FUNDS OF THE CHARITY: Restricted Funds 17 16,380 Designated Funds 18 450,112 Unrestricted Funds - General Fund 19 20,717 TOTAL CHARITY FUNDS 16 487,209 The accounts were approved by the Trustees' on ….......................................... and were signed on their behalf by : Mr B Brotherton Dated 2025 10/03/2026 4/7/2026 |
Note £ £ Fixed Assets Tangible Assets 9 10,663 Investments 10 335,488 Current Assets Stocks 898 Debtors 11 14,860 Cash at bank and in hand 152,069 167,827 Creditors - amounts falling due within one year 12 26,769 NET CURRENT ASSETS 141,058 NET ASSETS 487,209 THE FUNDS OF THE CHARITY: Restricted Funds 17 16,380 Designated Funds 18 450,112 Unrestricted Funds - General Fund 19 20,717 TOTAL CHARITY FUNDS 16 487,209 The accounts were approved by the Trustees' on ….......................................... and were signed on their behalf by : Mr B Brotherton Dated 2025 10/03/2026 4/7/2026 |
£ £ 16,146 327,785 5,940 18,715 113,447 138,102 13,704 124,398 468,329 5,680 436,255 26,394 468,329 2024 |
£ £ 16,146 327,785 5,940 18,715 113,447 138,102 13,704 124,398 468,329 5,680 436,255 26,394 468,329 2024 |
|---|---|---|---|
| 138,102 13,704 |
|||
| 5,680 436,255 26,394 |
|||
| 487,209 | 468,329 | ||
| 487,209 | 468,329 | ||
| ................. | |||
The notes on pages 16 to 28 form part of these financial statements
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES
Basis of Preparation
The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 (Charities SORP FRS102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention (see note 15), and are presented in sterling. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Fixed Assets
Fixed assets are stated at cost less depreciation. Assets introduced from the previous Trust have been included at net book value. Depreciation is calculated to write down the cost or valuation of tangible fixed assets to their estimated residual values over their estimated useful lives at the following annual rates :
Improvements to Leasehold property 20% of cost Computer equipment 33% of cost Website 20% of cost Office Equipment 20% of cost
Income recognition
All income is recognised once the charity has legal entitlement to the income, when there is sufficient certainty of receipt and the amount of income receivable can be measured reliably.
Donations are recognised upon receipt and classified at that point as either unrestricted or restricted if the donation is for a specific purpose. No amounts are included in the financial statements for services donated by volunteers.
Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank.
Investment Income
Income from investments is included in the Statement of Financial Activities in the period in which it is receivable.
Expenditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs related to that activity, including support and governance costs. For more information on this allocation refer to the note "allocation of governance and support costs" below. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of resources.
Charitable activity expenditure are those costs incurred in attracting voluntary income, and include expenditure directly associated with individual projects and support costs relating to those activities.
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
1. ACCOUNTING POLICIES (continued)
Allocation of governance and support costs
Governance costs are those incurred in connection with the management of the charity and its assets, organisational administration and compliance with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with their use of resources.
The allocation of governance and support costs is analysed in note 6.
Restricted Funds
Restricted funds are accounted for in accordance with the particular terms of trust arising from the express or implied wishes of donors in so far as these are intended to be binding on the Trustees.
Designated Funds
Unrestricted funds that have been designated for specific future expenditure by the Trustees.
General Fund
Free reserves that are those available for the general purposes of the charity, after deduction of restricted funds, designated funds, and the Capital Fund.
| 2. Donations & Legacies Donations Grants Collecting Boxes Gift Aid Gifts/Donations In Kind Legacies Total 3. Income from Charitable Activities Fundraising Events Match Funding Income Sales Total 4. Investment Income Income from UK Charity Funds & Investments Bank Interest Receivable Total |
2024 2025 |
|---|---|
| Unrestricted Restricted Total Total £ £ £ £ 10,347 24,761 35,108 11,924 26,930 88,058 114,988 69,938 - - - 217 25,568 - 25,568 16,660 6,322 - 6,322 - 2,628 - 2,628 2,684 |
|
| 71,795 112,819 184,614 101,423 |
|
| 2024 2025 |
|
| Unrestricted Restricted Total Total £ £ £ £ 187,700 - 187,700 121,503 - - - - - - - 1,476 - - - 392 |
|
| 187,700 - 187,700 123,371 |
|
| 2024 2025 |
|
| Unrestricted Restricted Total Total £ £ £ £ 15,595 - 15,595 17,239 2,392 - 2,392 2,674 |
|
| 17,987 - 17,987 19,913 |
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS
FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
| Raising Funds Fundraising overheads Function Costs Event Costs Total |
2025 |
|---|---|
| Unrestricted Restricted Total £ £ £ 4,450 - 4,450 19,076 - 19,076 16,661 - 16,661 |
|
| 40,187 - 40,187 |
5. Raising Funds
6. Charitable Activities
| a) Analysis of expenditure on Charitable activities Salaries & Wages Professional Fees Broadening Horizons Activities Bridging the Gap Rested Minds School Adventures School Uniform Family Matters Activities Time Away Programme Total b) Staff Costs Office Costs Premises Costs Depreciation Total Analysis of support costs |
2025 |
|---|---|
| Unrestricted Restricted Total £ £ £ 40,581 28,599 69,180 - - - 327 12,544 12,871 17,950 5,998 23,948 8,004 637 8,641 26,897 - 26,897 - 25,020 25,020 16,944 - 16,944 10,209 29,321 39,530 |
|
| 120,912 102,119 223,031 |
|
| 2025 | |
| Unrestricted Restricted Total £ £ £ 79,561 - 79,561 16,529 - 16,529 7,307 - 7,307 7,889 - 7,889 |
|
| 111,286 - 111,286 |
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
6. Charitable Activities (continued)
| c) Analysis of governance Accountancy Independent Examiner's Fees Total 7. Net Income/(Expenditure) Net income/(expenditure) for the period is stated after charging: Independent Examiner's Fees Depreciation 8. Analysis of Staff Costs Employee costs during the period were: Salaries Holiday Staff Total |
2025 | 2024 |
|---|---|---|
| £ 2,400 2,220 |
£ 2,200 1,500 |
|
| 4,620 | 3,700 | |
| 2025 | 2024 | |
| £ 2,220 7,889 2025 |
£ 1,500 6,639 2024 |
|
| £ 79,511 69,180 |
£ 110,206 5,597 |
|
| 148,691 | 115,803 |
The average head count of employees during the period was 6 (2024: 5)
No employees received employee benefits of more than £60,000 in the period to 31/08/2025 or in the year ending 31/07/2024.
9. Tangible Fixed Asset Improvements
| Cost or Valuation : As at 1 Aug 2024 Additions Disposals As at 31 Aug 2025 Depreciation : As at 1 Aug 2024 Charge for period Disposals As at 31 Aug 2025 Net book value : As at 1 Aug 2024 As at 31 Aug 2025 |
to Leasehold Property £ 26,818 - |
to Leasehold Property £ 26,818 - |
Website £ 1,430 - - |
Computer Equipment £ - 2,406 - |
Office Equipment £ 6,745 - - |
Total £ 34,993 2,406 - |
|||
|---|---|---|---|---|---|---|---|---|---|
| 26,818 | 1,430 | 2,406 | 6,745 | 37,399 | |||||
| 16,433 5,784 - |
358 310 - |
- 334 - |
2,056 1,461 - |
18,847 7,889 - |
|||||
| 22,217 | 668 | 334 | 3,517 | 26,736 | |||||
| 10,385 | 1,072 | - | 4,689 | 16,146 | |||||
| 4,601 | 762 | 2,072 | 3,228 | 10,663 |
All material assets are held for the Charity's own use.
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
10. Fixed Asset Investments
| Investments Schroder Charity Equity Income Units M&G Charifund Units CCLA Charities Fixed Interest Fund - Income Units Charities Property Fund - Income Units Charities Deposit Fund Total Market value of investments: As at start of period Additions Withdrawals Management charge Profit/(loss) on disposals Change in market value As at end of period 11. Debtors Debtors & Prepayments Accrued income Gift Aid 12. Creditors : Amounts falling due within one year Trade creditors Deferred income Accrued expenses Other creditors M&G Charibond Charities Fixed Interest Common Investment Fund Units |
2025 | 2024 | ||
|---|---|---|---|---|
| £ 57,288 - 41,222 79,727 73,251 84,000 |
£ 55,194 680 39,544 77,128 71,239 84,000 |
|||
| 335,488 | 327,785 | |||
| Investments 2025 |
Investments 2024 |
|||
| £ 327,785 - - - - 7,703 |
£ 322,601 - - - - 5,184 |
|||
| 335,488 | 327,785 | |||
| 2025 | 2024 | |||
| £ 8,377 283 6,200 |
£ 8,527 3,079 7,109 |
|||
| 14,860 | 18,715 | |||
| 2025 | 2024 | |||
| £ 6,678 1,976 15,298 2,817 |
£ 3,924 467 7,386 1,927 |
|||
| 26,769 | 13,704 |
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
13. Capital Commitments & Post Balance Sheet Events
There were no capital commitments at 31 August 2025 or 31 July 2024.
14. Related Party Transactions
TRUSTEES:
No other Trustee or related party received any remuneration in respect of the periods ended 31 August 2025 and 31 July 2024.
REIMBURSED EXPENSES:
No trustees received reimbursed expenses in the period to 31 August 2025 (2024: £nil).
15. Going Concern
The Trustees have assessed the risk to the Charity in relation to going concern. At the time of approving the financial statements, the Trustees have a reasonable expectation that the CIO has adequate resources to continue in operational existence for the foreseeable future, thus the going concern basis continues to remain appropriate.
16. Analysis of Net Assets Between Funds
| Restricted funds Unrestricted funds - Capital funds - Designated funds - General funds At 31 August 2025 |
Note 17 9 18 10 |
Fixed Assets - 10,663 - - |
Investments - - - 335,488 |
Liabilities 16,380 - 450,112 (325,434) Net Current Assets/ |
Liabilities 16,380 - 450,112 (325,434) Net Current Assets/ |
Total 16,380 10,663 450,112 10,054 |
|||
|---|---|---|---|---|---|---|---|---|---|
| 10,663 | 335,488 | 141,058 | 487,209 |
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
| 17. Restricted Funds Movement Analysis Carlton Hayes St Martin's de Porres Foundation 29th May 1691 Trust Easystair Brother Jonathon Loughborough Welfare Trust Leicester City Council Gold for Kids Edith Murphy Jigsaw Homes - East Mids Robert Harlow Trust ALA Green Charitable Trust Charity Link Monica Boost Lennox Heney St James Place Corporate Donation Barratt Smith Brown Earls Shilton Building Society Knightsbridge Estate Agent SAS Letting Agents Waitrose TK Maxx Pukka Pies Next Samworth Brothers |
Balance at 31/07/2024 636 44 5,000 - - - - - - - - - - - - - - - - - - - - - - - - |
Income - - 5,000 300 3,000 100 50,000 1,000 6,160 5,000 5,000 1,800 498 3,000 4,000 1,000 2,500 70 425 366 300 300 1,000 500 3,000 8,500 10,000 |
Expenditure 636 44 10,000 300 3,000 100 48,620 1,000 6,160 - 5,000 1,800 498 3,000 4,000 1,000 2,500 70 425 366 300 300 1,000 500 3,000 8,500 - |
Transfers - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Balance at 31/08/2025 - - - - - - 1,380 - - 5,000 - - - - - - - - - - - - - - - - 10,000 |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| 5,680 | 112,819 | 102,119 | - | 16,380 |
Jigsaw Homes Grant of £5,000 is to help support children in Nottinghamshire and will be spent in the new financial year.
Samworth Brothers Foundation provided £10,000 for the Bridging the Gap Project that will be spent in the new financial year.
Leicester City Council Funded £50,000 for a school uniform project, of which £1,380 remains unspent. The following funders contributed to the Bridging the Gap project: Chrity Link, Monica, Lennox Heney, Waitrose, TK Maxx & Samworth Brothers Foundation.
The following funders contributed to the Broadening Horizons project: Gold for Kids, Boost, St James Place & 29th May1691.
The following funders contributed to the Time Away project: Loughborough Welfare Trust, Edith Murphy, Robert Harlow Trust, ALA Green, Brother Jonathon, Corporate Donations include: Barratt Smith Brown, Earls Shilton Building Society, Easy Stair, Knightsbridge Estate Agents, Pukka Pies & Next.
18. Designated Funds Movement Analysis
| Designated Funds Movement Analysis | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Operational Reserve 2033 Purchase of Woodland Activity Centre Family Time Away Programme |
Balance at 31/07/2024 270,000 166,255 - |
Income - - - |
Expenditure - - - |
Transfers 90,000 (166,255) 90,112 |
Balance at 31/08/2025 360,000 - 90,112 |
|||||
| 436,255 | - | - | 13,857 | 450,112 |
Designated funds of the charity have been set aside by the Trustees as follows:
£360,000 for an Operational Reserve which will cover up to 8 months of running expenses. Although the number of months has reduced from 12 to 8, the amount held in reserve has increased due to the growth of the charity. As the charity has developed we decided to focus on family holidays and experiences, therefore the long term plan for our own activity centre has been paused as we develop our investment in family time away.
£90,112 towards the purchase of caravans for the Family Time Away Programme.
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
NOTES TO THE ACCOUNTS FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
19. Unrestricted Funds Movement Analysis
| Unrestricted Funds Movement Analysis | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| General Funds | Balance at 31/07/2024 26,394 |
Income 277,482 |
Expenditure 269,302 |
Transfers (13,857) |
Balance at 31/08/2025 20,717 |
|||||
| 26,394 | 277,482 | 269,302 | (13,857) | 20,717 |
20. Asset transfer on creation of LCH Charity CIO
It came to light during the financial year to 31 July 2024 that when the balance of the assets of the previous entity (Leicester Children's Holidays (charity number 217976)) were transferred to the current CIO on 1st August 2020 they should have been held in a restrictive fund for use for beneficiaries resident in Leicestershire and Rutland. Any subsequent assets could be used for beneficiaries in the wider East Midlands.
The table below shows how these funds have been spent on the last 4 financial years. These funds have now been exhausted.
| Balance Transferred to CIO on 01/08/2020 Financial Year End 31/07/2021 31/07/2022 31/07/2023 31/07/2024 Total Funds & Expenditure 4 Years as CIO |
643,255 £ Funds Raised as CIO (East Mids) £ £ 74,888 79,380 88,909 153,823 170,026 262,184 251,691 270,838 585,514 766,225 Expenditure on Leicester, Leicestershire & Rutland only |
|---|---|
Docusign Envelope ID: 3F889C12-9215-4865-85DA-19DE043E1404
LCH CHARITY
INCOME & EXPENDITURE
FOR THE 13 MONTH PERIOD ENDED 31 AUGUST 2025
| Income Donations & Legacies Donations Grants Collecting Boxes Gift Aid Gifts/Donations In Kind Legacies Income from Charitable Activities Fundraising Match Funding Income Sales Investment Income Income from UK Charity Funds & Investments Bank Interest Receivable Total Income Expenditure Raising Funds Function Costs Event Costs Fundraising Overheads Charitable Activities Expenditure Salaries & Wages Professional Fees Broadening Horizons Activities Bridging the Gap Rested Minds School Adventures School Uniform Family Matters Activities Time Away Programme Support Costs Salaries Staff Training Recruitment Insurance Office Expenses, Postage & Stationery Professional Fees Light & Heat Rent Rates & Water Repairs & Maintenance Telephone Travel Subscriptions Printing & Advertising Sundries & Licences Website & Computer Costs Bank Fees Depreciation Governance Accountancy Independent Examiner's Fees Total Expenditure Net Income/(Deficit) for the period 21. |
Un | restricted Funds 2025 £ 10,347 26,930 - 25,568 6,322 2,628 |
Restricted Funds 2025 £ 24,761 88,058 - - - - |
Total Funds 2025 £ 35,108 114,988 - 25,568 6,322 2,628 |
Unrestricted Funds Restricted Funds Total Funds 2024 2024 2024 £ £ £ 11,924 - 11,924 52,438 17,500 69,938 217 - 217 16,660 - 16,660 - - - 2,684 - 2,684 |
|---|---|---|---|---|---|
| 71,795 | 112,819 | 184,614 | 83,923 17,500 101,423 |
||
| 187,700 - - |
- - - |
187,700 - - |
121,503 - 121,503 1,476 - 1,476 392 - 392 |
||
| 187,700 | - | 187,700 | 123,371 - 123,371 |
||
| 15,595 2,392 |
- - |
15,595 2,392 |
17,239 - 17,239 2,674 - 2,674 |
||
| 17,987 | - | 17,987 | 19,913 - 19,913 |
||
| **277,482 ** | 112,819 | **390,301 ** | 227,207 17,500 _244,707 _ |
||
| 19,076 16,661 4,450 |
- - - |
19,076 16,661 4,450 |
30,051 - 30,051 8,167 - 8,167 2,232 - 2,232 |
||
| 40,187 | - | 40,187 | 40,450 - 40,450 |
||
| 40,581 - 327 17,950 8,004 26,897 - 16,944 10,209 |
28,599 - 12,544 5,998 637 - 25,020 - 29,321 |
69,180 - 12,871 23,948 8,641 26,897 25,020 16,944 39,530 |
5,597 - 5,597 470 - 470 1 8,856 8,857 2,070 39 2,109 - 8,864 8,864 21,672 3,500 25,172 - - - 34 - 34 27,366 3,000 30,366 |
||
| 120,912 | 102,119 | 223,031 | 57,210 24,259 81,469 |
||
| 79,511 50 - 810 1,321 1,245 2,029 3,500 926 852 1,737 1,224 2,384 4,398 1,586 1,631 193 7,889 |
- - - - - - - - - - - - - - - - - - |
79,511 50 - 810 1,321 1,245 2,029 3,500 926 852 1,737 1,224 2,384 4,398 1,586 1,631 193 7,889 |
110,206 - 110,206 3,718 - 3,718 85 - 85 766 - 766 1,919 - 1,919 2,610 - 2,610 2,907 - 2,907 2,492 - 2,492 818 - 818 588 - 588 1,815 - 1,815 1,028 - 1,028 - - - 5,881 - 5,881 2,965 - 2,965 762 - 762 22 - 22 6,639 - 6,639 |
||
| 111,286 | - | 111,286 | 145,221 - 145,221 |
||
| 2,400 2,220 |
- - |
2,400 2,220 |
2,200 - 2,200 1,500 - 1,500 |
||
| 4,620 | - | 4,620 | 3,700 - 3,700 |
||
| 277,005 | 102,119 | 379,124 | 246,581 24,259 270,840 |
||
| 477 | 10,700 | 11,177 | (19,374) (6,759) (26,133) |
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
2024-25
ANNUAL REPORT
A WORLD WHERE ALL CHILDREN HAVE OPPORTUNITY TO FLOURISH
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
L C H i s a n E a s t M i d l a n d s c h a r i t y t h a t a l l e v i a t e s t h e e f f e c t s o f p o v e r t y a n d o t h e r d i s a d v a n t a g e s o f c h i l d r e n t h r o u g h a r a n g e o f p r o g r a m m e s t h a t p r o v i d e s u p p o r t , e x p e r i e n c e s a n d o p p o r t u n i t i e s .
CONTENTS
ANNUAL REPORT 2024-25
Our Chair and Our CEO Welcome.....................3 Our Charity .................................................................4 Our Purpose................................................................5 Our Provision..............................................................6 Our Achievements....................................................7
FINANCIAL STATEMENTS AND TRUSTEE REPORT 2024-25 Report of the Trustees................................................9 Independent Examiner's Report.............................11 Statement of Financial Activities.............................12 Balance Sheet...............................................................13 Notes to the Accounts...............................................14
2
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
WELCOME
BRYON BROTHERTON MBE - CHAIR
This year, we witnessed both the growing challenges faced by children living in poverty and the extraordinary power of compassion in action.
Across the communities we serve, too many children continue to experience hardship that no child should endure. Yet, because of the unwavering support of our donors, partners, and volunteers, we were able to stand beside them — offering not only essential provisions, but hope, dignity, and reassurance.
As demand for our services increased, so too did our determination. We expanded our support to reach more children and families, ensuring that help arrived when it was needed most. Behind every delivery is a child who feels seen, valued, and supported.
Our partnerships with schools continued to grow, strengthening our ability to identify needs earlier and respond with care and sensitivity. These collaborations are central to our mission and amplify the difference we can make together.
I remain deeply inspired by the dedication of our staff and volunteers, whose commitment and compassion drive our work each day.
On behalf of the Board, I offer heartfelt thanks to our supporters and partners. Your generosity is changing lives, creating possibilities, and helping build a future where no child is left behind.
NICHOLA MOORE - CEO
Child poverty is reported to now be impacting on 4.5 million children in the UK. It is therefore crucial that local and regional charities such as LCH are supported by their communities so that they can reach those children and families directly affected. It is fantastic for me as CEO to report that LCH is responding to this picture across the East Midlands.
Our school partners have seen huge growth across all areas of the East Midlands and we have over 230 schools nominating children and families to us for our support.
LCH helped more children and families than ever this year, with 10,271 acts of kindness provided through our seven programmes.
Our Bridging the Gap programme is seeing the most demand and this demonstrates the levels of poverty we are living with as many families struggle to afford the essential items needed to live a healthy and fulfilled life.
We launched our School Uniform Project this year that was funded by Leicester City Council - Our July pop up shop in the Highcross was a huge success and saw huge demand.
We have recently moved into new premises, which is enabling us to respond to requests quickly, and we are able to work more efficiently and effectively.
We have secured corporate partnerships that have provided us with the space for our pop up shop, corporates that provided us with much needed goods suitable for children, funding for future projects, volunteering time from their staff and much more - we wouldn’t be able to do our work without you - so thank you.
I would like to thank everyone involved in LCH, from the staff, school partners, volunteers, corporates who believe in our mission and every single person who has donated to us this past year. LCH is now achieving fantastic things - and your support is a huge part of this.
3
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR CHARITY
OUR VISION:
A world where all children have opportunity to flourish.
OUR MISSION: Investing in children, inspiring dreams, unlocking potential, creating lasting memories
OUR VALUES:
EXCELLENCE COMPASSION Achieving our Being kind. best for young people.
INCLUSIVITY Everybody matters.
INNOVATION
With new ideas, tomorrow is the future.
COLLABORATION Partnerships strengthen the journey.
FUN
We are all about smiles.
4
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR PURPOSE
Reported by: Child Poverty Action Group
5
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR PROVISION
TIME AWAY
Organising short breaks and day trips for children of all ages
RESTED MINDS
Supporting the mental health of young people through creative therapy
SCHOOL UNIFORM
Gifting recycled uniform sets to those who need them most
BRIDGING THE GAP
Gifting essential items that young people need
BROADENING HORIZONS
Funding out of school activities and hobbies all year round
SCHOOL ADVENTURES
FAMILY MATTERS
Financial support for families struggling to meet the cost of school trips
Providing family experiences at festivals, cinemas and theatres
6
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
OUR ACHIEVEMENTS
400 1,504 3,000 children funded to hours of mental filled pencil cases enjoy their school health support for provided to start trip 53 children school equipped 2,342 1,748 54 Children provided Toiletry packs Children engaged with school provided for teens in a hobby or sport uniform and families outside of school 288 10,271 Children enjoying Acts of Kindness for a short break or thousands of children holiday in 2024/25
7
Docusign Envelope ID FEA0619E-80634715-9DBO-C3A840EF3288 2024-25 FINANCIAL STATEMENTS AND TRUSTEE REPORT LCH Charity L(ftu¥ Children's Hope6
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31ST AUGUST 2025
Legal and Administrative Details
The trustees present their report and the financial accounts for a 13 month period from 1st August 2024 to 31st August 2025, which has been prepared in accordance with the accounting policies set out and comply with applicable law. The trustees confirm that the trustees report and the financial statements of the charity comply with the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)
Constitution, Objectives and Policies
A Charitable Incorporated Organisation Charity (No 1190204), with the object to relieve the needs of children aged 6-17 who are in need by reason of poverty, disability or other social or economic disadvantage in Leicestershire and the wider East Midlands by the provision of respite, short breaks and holidays. The policy of the Charity continues to be to seek additional finance and support to continue to maintain and increase the level of facilities and services provided for the children.
Previously a charity (No 217976) originally established under a Trust Deed dated 1898 in order to provide free holidays for economically disadvantaged children of Leicestershire between the ages of 6 and 10. On 1st August 2020, the old charity ceased to trade and its assets and liabilities were transferred to the new CIO.
The Trustees have full responsibility for policy formatting and implementation and delegate all operational matters to the CEO.
| Ambassador | Vacancy | Trustee Details The trustees named have served through the year. The appointment of trustees is governed by the Trust Deed. The board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. |
|---|---|---|
| Chair | Bryon Brotherton MBE | |
| Vice Chair | June Bhatty | |
| Executive Commitee of Trustees |
Bryon Brotherton MBE, June Bhatty, Jean Lewis MBE, Hema Badger Mistry, Eilidh Stringer, Chris Hewitt, Anita Popat, Paula Coplin (appointed 25/05/2025, Anthony Smithson (appointed 25/05/2025) |
|
| Bankers | Lloyds Bank plc, London Road, Oadby, Leicester | |
| Independent Examiner |
TC Group, 31 High View Close, Hamilton Office Park, Leicester, LE4 9LJ |
|
| Registered Office | 82 Cannock Street, Thurmaston, Leicester LE4 9HR |
9
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
Structure, Governance and management - Trustees Responsibilities
The Charities Act 2011 requires the trustees to prepare statements of account for each financial year, which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. In preparing those financial statements, the trustees are required to follow best practice and:
-
Select suitable accounting policies and apply them consistently Make judgements and estimates that are reasonable and prudent
-
Value assets and liabilities in accordance with the Statement of Recommend Practice Accounting by Charities to state whether or not the accounts have been prepared in accordance with applicable accounting standards and statements of recommended practice and to give particulars of any material departure from those standards and practice and the reason for such departure
-
Prepare the financial statements on the going concern basis, unless it is inappropriate to presume the charity will continue in operation.
The trustees are responsible for keeping proper accounting records, which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that any statements of account comply with the requirements of the applicable law and regulations. They are also responsible for the safeguarding of the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Investment Powers
The trustees are authorised to make and hold investments using the general funds of the charity.
Reserves Policy
The charity's reserves policy is to hold up to 12 months operational reserve. Remaining funds are designated for future investment of the charity such as supporting our growth strategy or for investment in future provision such as buying caravans to support Family Time Away.
Risk Management
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current reasonable levels combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks including all issues surrounding safeguarding faced by the charity and confirm that they have established systems to mitigate the significant risks.
Election of Trustees
Trustees are invited to nominate trustees. New trustees receive information about the charity and are encouraged to meet trustees and staff prior to confirming their agreement to their nomination being submitted
Management Process
The board of elected trustees have equal responsibility for the running of the charity. The elected board members will appoint from amongst themselves a chair, a vice chair, and other such officers as may be necessary from time to time.
The charity currently employs a full time CEO, all operational matters are delegated to the CEO.
The charity is currently in a period of growth and the staffing levels have increased in 2025 to support this growth.
Public Relations
Continuing promotion of the charity, its profile, unique objectives and requirements for funding through public donations is an ongoing priority.
10
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
INDEPENDENT EXAMINERS REPORT
Report to the charity trustees on my examination of the accounts of LCH Charity (the Trust) for the period ended 31 August 2025.
Responsibilities and Basis of Report
As the charity's trustees are responsible for the preparation of the accounts in accordance with the requiremenets of the Charities Act 2011 ('the Act')
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable directions given by the Charity Commission under section 145 (5) (b) of the Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1) Accounting records were not kept in respect of the Trust as required by section 130 of the Act;
or
-
2) The accounts do not accord with those records; or
-
3) The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached
Jordan Dennis
TC Group 31 High View Close Hamilton Office Park Leicester LE4 9LJ
4/8/2026 Date____
11
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD ENDED 31ST AUGUST 2025
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.
The notes on pages 14-21 form part of these financial statements
12
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
BALANCE SHEET
AS AT 31ST AUGUST 2025
The notes on pages 14-21 form part of these financial statements 10/03/2026 Approved by the Trustees on.......................................................................................
Signed on their behalf by: Chair - Bryon Brotherton…………………………………………..............................................
13
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B ~~NOTES TO TH~~ E ACCOUNTS
FOR THE PERIOD ENDED 31ST AUGUST 2025
1. ACCOUNTING POLICIES
Basis of Preparation
The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 (Charities SORP FRS102), the Charities Act 2011 and UK Generally Accepted Accounting Practice. The financial statements are prepared on a going concern basis under the historical cost convention, and are presented in sterling (see note 15). Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Fixed Assets
Fixed assets are stated at cost less depreciation. Assets introduced from the previous Trust have been included at net book value. Depreciation is calculated to write down the cost or valuation of tangible fixed assets to their estimated residual values over their estimated useful lives at the following annual rates : Improvements to Leasehold property 20% of cost Website 20% of cost
Office equipment 20% of cost
Income
All income is recognised once the charity has legal entitlement to the income, when there is sufficient certainty of receipt and the amount of income receivable can be measured reliably.
Donations are recognised upon receipt and classified at that point as either unrestricted or restricted if they donation is for a specific purpose. No amounts are included in the financial statements for services donated by volunteers.
Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank.
Investment Income
Income from investments is included in the Statement of Financial Activities in the year in which it is receivable.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is accounted for on an accruals basis and has been listed under headings that aggregate all the costs related to that activity, including support and governance costs. For more information on this allocation refer to the note "allocation of governance and support costs" below. Where costs cannot be directly attributed they have been allocated to activities on a basis consistent with the use of resources.
Charitable activity expenditure are those costs incurred in attracting voluntary income, and include expenditure directly associated with individual projects and support costs relating to those activities.
Allocation of governance and support costs
Governance costs are those incurred in connection with the management of the charity and its assets, organisational administration and compliance with constitutional and statutory requirements.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with their use of resources.
The allocation of governance and support costs is analysed in note 6.
Restriction Funds
Restricted funds are accounted for in accordance with the particular terms of trust arising from the express or implied wishes of donors in so far as these are intended to be binding on the Trustees.
Designated Funds
Unrestricted funds that have been designated for specific future expenditure by the Trustees.
General Fund
Free reserves that are those available for the general purposes of the charity, after deduction of restricted funds, designated funds, and the Capital Fund.
14
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
2. DONATIONS AND LEGACIES
3. INCOME FROM CHARITABLE ACTIVITIES
4. INVESTMENT INCOME
15
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
5. RAISING FUNDS EXPENDITURE
6. CHARITABLE ACTIVITIES EXPENDITURE
16
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
7. OVERHEAD EXPENDITURE
8. STAFF COSTS
The average head count of employees during the year was 6 (2024:5)
No staff were paid more than £60,000 during the period.
9. REDUNDANCY COSTS
There were no redundancy costs either paid or provided in the period ended 31st August 2025
17
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
10. TANGIBLE FIXED ASSETS
All material assets are held for the Charity's own use.
18
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
11. FIXED ASSET INVESTMENTS
12. DEBTORS
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
19
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
14. RESTRICTED FUNDS MOVEMENT
15. UNRESTRICTED FUNDS MOVEMENT
16. DESIGNATED FUNDS REPRESENTED BY:
20
Docusign Envelope ID: FEA0619E-8063-4715-9DB0-C3A840EF328B
Designated funds of the charity have been set aside by trustees as follows:
£360,000 for an Operational Reserve which will cover up to eight months of the charity running costs.
As the charity has developed we have decided to focus on family holidays and experiences, therefore the long term plan for our own activity centre has been paused as we develop our investment in family time away.
£90,112 towards the purchase of caravans for the Family Time Away Programme.
17. ASSET TRANSFER ON CREATION OF LCH CIO
It came to light during the financial year that when the balance of the assets of the previous entity (Leicester Children's Holidays (charity number 217976)) were transferred to the current CIO on 1st August 2020 they should have been held in a restrictive fund for use for beneficiaries resident in Leicestershire and Rutland. Any subsequent assets could be used for beneficiaries in the wider East Midlands.
The table below shows how these funds have been spent on the last 5 financial years. These funds have now been exhausted.
Balance Transferred to CIO on 01/08/2020: £643,255
21
Docusign Envelope ID". FEA0619E-80634715-9DBO-C3A840EF3288