# **THE LIONS CLUB OF WOODLEY & EARLEY (CIO)**
A Member of the International Association of Lions Clubs
## **TRUSTEES’ ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
## **YEAR ENDED 31 DECEMBER 2022**
**Charity Number 1191552**
**(Previously 1111271)**
**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
|**CONTENTS**||
|---|---|
||**Page**|
|Report of the Trustees|3-4|
|Independent Examiner’s Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8-9|
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**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended
31 December 2022
## **REPORT OF THE TRUSTEES**
The Trustees present their report along with the financial statements of the Club for the year ended 31 December 2022. The financial statements have been prepared in accordance with the Charities SORP (FRSSE) entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities, effective January 2015.
## **Legal and administrative details**
The Club was established under a Charter in 1980. It is a Community Interest Organisation and registered charity, number 1191552 (previously registered as 1111271).
## **Trustees**
The Trustees who served during the year were:
Mike Kennedy (Chair) John Giacomet (appointed 1 April 2022) Alan Jutson Paul Norman (appointed 1 April 2022) Valerie Oakley (resigned November 2022) Michael Tarling Stella Taylor
**Bankers** : National Westminster Bank
**Independent Examiner** : John Jenkins FCA, Seal Lodge, Simms Lane, Mortimer RG7 2JP
## **Statements of Trustees’ Responsibilities**
Laws applicable to charities in England and Wales require the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its position at the end of the year. In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity which enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
## **Review of the past year**
Since being granted its Charter in 1980 the Lions Club of Woodley & Earley has continued to support the needy, both within our community and globally under the umbrella of Lions International.
As we return to normal this year, following the Global Pandemic caused by SARS-CoV-2, so our fund-raising and social events have been reinstated. Our ever-popular Firework event in November remains our biggest fundraiser. Although income was down after last year’s record return following 2 years of postponements, we still managed to generate £21,430 after expenses (£32,703 in 2021) enabling us to make sizable grants to the Laurel Park Charitable Foundation, Thames Vale Vultures and the Air Cadets without whose help, and the many friends of Lions who participated, the event could not take place.
We were able to collect door to door again last year during our December visits to homes in Woodley and Earley with the Santa sleigh, including our numerous static appearances. We generated a record sum of £7,348 after expenses in 2022 (£4,668 in 2021) which was shared equally between the Woodley and Earley Foodbanks. Our thanks to Select Car Leasing who supplied the towing vehicle and allowed us to collect outside the Select Car Leasing Stadium (Reading FC) as part of their family fun day.
The return of our Annual Charter Night after a 2-year absence was a great success and was enjoyed by 72 guests, a very good turnout given the size of our club. Coupled with our popular “pub of the month”, a bowls night and walking tour of Reading, we are gradually increasing our social activities. The Club’s terms of reference state that a Business Meeting is held monthly to consider business and minutes from the sub committees, principally the community service team which researches requests for support from individuals and other organisations locally. Last year we distributed £29,844 to worthy causes (£11,503 in 2021).
We continue to support the Woodley Town Centre Partnership both at the Christmas Lights switch on with the Remembrance Tree of Light, while distributing mulled wine (sponsored by the club for the first time in 2022), mince pies and song sheets and at the Christmas Extravaganza. Our annual quiz was again postponed to 2023 although we did manage to take our human fruit machine to the Winnersh Fete and support the Laurel Park Fun Day where he held a recruitment drive. Although 9 expressions of interest were shown we failed to add to our membership which ended the year at an all-time low of just 11. However, on the plus side we have established a growing number of “Friends of Lions” and supporters.
This report and the financial statements were approved by the Trustees on .
Mike Kennedy
Chair
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**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
## **Independent Examiner’s Report to the Trustees of the Lions Club of Woodley & Earley**
I report on the accounts of the club for the year ended 31 December 2022, which are set out on pages 6 to 9.
## **Respective Responsibilities of the Trustees and Independent Examiner.**
As described on page 3, the Trustees are responsible for the preparation of the accounts, and you consider that the audit requirement of s144 of the Charities Act 2011 (the Act) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under s145(5)(b) of the Act, whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you of any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that, in any material respect, the requirements:
- to keep accounting records in accordance with s130 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Seal Lodge Simms Lane Mortimer
John Jenkins FCA
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## **THE LIONS CLUB OF WOODLEY & EARLEY**
Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
## **Statement of financial activities Year ended 31 December 2022**
||**General**|**Charity funds**|**Total**|Total|
|---|---|---|---|---|
||**Funds**||**2022**|2021|
|**Income**|**£**|**£**|**£**|£|
|Subscriptions from membership|**973**|**-**|**973**|1,199|
|Income from charitable activities (note 2)|**4,669**|**48,141**|**52,810**|55,786|
|Bank and building society interest|**-**|**120**|**120**|91|
||**____**|**_____**|**_______**|______|
|Total|**5,642**|**48,261**|**53,903**|57,076|
||**====**|**=====**|**======**|======|
|**Expenditure**|||||
|Expenditure on charitable activities (note 3)|**4,460**|**49,007**|**53,467**|25,845|
|Subscription to Lions Club International|**1,004**|**-**|**1,004**|1,143|
|Administrative costs|**128**|**-**|**128**|310|
||**_____**|**_____**|**______**|______|
|Total|**5,592**|**49,007**|**54,599**|27,298|
||**=====**|**=====**|**======**|======|
|**Excess expenditure over income**|**50**|**(746)**|**(696)**|29,778|
|**Reconciliation of funds**|||||
|Balances brought forward|**1,289**|**61,692**|**62,981**|33,203|
||**______**|**________**|**_______**|_______|
|**Balances carried forward**|**1,339**|**60,946**|**62,285**|62,981|
||**======**|**========**|**=======**|=======|
The attached notes form part of these accounts
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## **THE LIONS CLUB OF WOODLEY & EARLEY**
Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
## **Balance sheet At 31 December 2022**
||**2022**|2021|
|---|---|---|
||**£**|£|
|**Current Assets**|||
|_Bank accounts_|||
|General current account|**1,384**|1,333|
|Charity account|**60,889**|41,401|
|Reserve account|**13**|13|
|Building society account|**-**|20,234|
||**______**|_______|
|**Total assets**|**62,286**|62,981|
||**=====**|======|
|**Funds**|||
|General fund|**1,341**|1,289|
|Charity fund|**60,945**|61,692|
||**______**|_______|
||**62,286**|62,981|
||**======**|=======|
The Trustees have taken advantage of the provisions of The Charities Act 2011, which allow exemption from audit on charities under a certain level of income.
Approved by the Trustees on and signed on their behalf by:-
Mike Kennedy Chair
The attached notes form part of these accounts
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**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended 31 December 2022
## **Notes to the financial statements**
## **1 Accounting policies**
## **Basis of accounting**
The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and in accordance with the Charities SORP (FRSSE) entitled “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities, effective January 2015.
## **Recognition of incoming resources**
All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is included on an accruals basis as a liability is incurred.
## **Charitable activities**
Charitable activities comprise grants payable and related administration and management costs. Grants are recognised once they have been approved by the trustees and the offer conveyed to the recipient.
## **2 Income from charitable activities**
|Charter Dinner
Firework display
Christmas sleigh collection
Tree of Light
Quiz
Donations
Other events
Gift aid
Raffles, fines and sundry|**2022**
**General**
**Charity**
**Total**
**£**
**£**
**£**
**3,765**
**-**
**3,765**
**-**
**36,922**
**36,922**
**-**
**8,437**
**8,437**
**-**
**1,346**
**1,346**
**-**
**-**
**-**
**-**
**1,042**
**1,042**
**749**
**394**
**1,143**
**-**
**-**
**-**
**155**
**-**
**155**
**_____**
**______**
**______**
**4,669**
**48,141**
**52,810**
**=====**
**======**
**=====**|2021|
|---|---|---|
|||Total
£
-
44,849
5,682
846
577
1,771
217
1,750
94
_______
55,786
======|
8
**THE LIONS CLUB OF WOODLEY & EARLEY** Trustees’ Annual Report and unaudited financial statements for the year ended
31 December 2022
## **Notes to the financial statements- continued**
## **3 Expenditure on charitable activities**
|**2022**
**General**
**Charity**
**Total**
**£**
**£**
**£**
Donations
**-**
**29,844**
**29,844**
Charter Dinner
**3,851**
**-**
**3,851**
Fireworks expenses
**-**
**15,492**
**15,492**
Christmas Sleigh expenses
**-**
**1,089**
**1,089**
Other event expenses
**609**
**1,416**
**2,025**
Shed expenses
**-**
**1,166**
**1,166**
Sundries
**-**
**-**
**-**
**_____**
**_____**
**______**
**4,460**
**49,007**
**53,467**
**=====**
**=====**
**======**
**4**
**Analysis of net assets between funds**
**General**
**Charity**
**At 31 December 2022**
**fund**
**Fund**
£
£
General current account
**1,384**
Charity current account
**60,889**
Reserve account
**13**
Building society account
**-**
**-**
Inter fund balance
**(42)**
**42**
**______**
**_______**
**1,342**
**60,944**
**======**
**=======**|2021
Total
£
11,503
-
12,146
1,014
170
939
73
______
25,845
======
**Total**
£
**1,384**
**60,889**
**13**
**-**
**-**
**_______**
**62,286**
**=======**|
|---|---|
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