DAME VERA LYNN MEMORIAL STATUE- CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENOEO 31 MARCH 2025
DAME VERA LYNN MEMORIAL STATUE - CHARrrY coKrENTS Pag• TrLo1••'s R•m report Indap•nd•nl •xamI$ repNi SMtoMl ol finwcl a¢tiviti•8 8alenc• t••t Notefj to lh• finaMio18t#toment#
DAME VERA LYNN MEMORIAL STATUE- CHARITY TRUSTEE'S REPORT REPORT FOR THE YEAR ENDED 31 MARCH 2025 trus5 present their annual and finan1 ststements for the year ended 31 Marth 2025. The finanaal statements have been prepared in xrThdxnt£ wth the arminbry rx)licies sel out in note 1 to the financd slatements and wmrAy wrth the tharitys g0MIng dDwm8nt, the Chanties Act 2011 'Ae(JxJnllng and Reporting by Charfties.. Stateffnt ol RecMmended Practhr apr18 to chanbes prepanng their aCCA)unts in arn)rdance with the Financial RepDrtiThJ Standard arWlcatA8 In the UK and Republic of Ireland IFRS 1021. leffectiv& 1 January 20191. Oblectlvas and actlvlti•s The Objec ol the CIO 818 lo preseNe ihe hisiorical and pattiC of Ihe lile and work of Ihe lale Oame Vera Lynn throughout war two unll her de8th in 2020. In parlicdar lo raise lunds lo finance Ihè •reclion ol a statu& lo Oame Ver8 Lynn. Wn D8me Ver8 Lynn Oied in 2020. it W83 de¢thd by th& 18mily and with Ihe huge $uF¥)ori of Ihe late Sir David Amèss, 10 hmour Ihe memory ol Dan Vera in lh¥ ltym ol 8 MemorK4. li soon btse8m& 8pparenl that thts mei wth th apprtsval ol many Ih(yJsaThJs of pèople Irc¥n across the wodd. 7fvtho ovef r5 hAd been aftecièd by hér unstinting work wilh chantI• cynisatsins nol lY vAlh ffmbern ol the 8nMd forw, bul her with disabbed chAdr6n. To thls end It soon became appwent Ihat Oaff Vera Tr)t dtsappaar Into the nh1. boeome lorgotten, bui through her ¥%YJrk and her sorgs she INe on. On the annitsary ol h¢r passing on 20 June 2021. wè launched Ihe apwal at Oover. for the m•moriat. To further cbrate the lrfe of Dame Vera. we had the Thankswlrvj gk at Wèthin$tsr Abb&y whlth was a tMendouS 8ucce$s. Thrcdjgh this nderful eNrnl, we have rthv acquired varkns ambassadors for ts appeal. The tnjstees have paKI due regard to guidarth issued by the Charty cThsSk in deciding wthal aCvItIeS thè ¢bartty Should undertake. Aehi•v•rn•nts #nd p•rforrn•n The memofial Is now 8t Ihe slage of b.ft9 tTh)zed th¢ amaz9 rAr intemationaly rentr4vned sculptor Paul Day. updales are awailat4e on Ihe MerrNial websile. Wè are gelb'ng ioward$ the fin818w Mi order Io c(Ner al ol the rnaining (X)5 invc4ved for comrAeb'on. We arè $0 gfAiehA lo those indmduals and groLtrPS have made donati$ gNen suppcl over Ihe last year, Spéc1 thanks goe5 to Katie Ashby and the D Oay Darfir4Js f¢y all their cOnts"nuI fLrndra15ing efforts ai their Ix)n(rts and evenis. The committee have cominued to review ¥ere besi io base the the resounding Sponse frtsm the public has been to pkice by Ihe White Clsffs of tr and the apprW•ten. We are rren11Y der di8oussion with Oover District Couwl to eslabltsh the besi location. With continued support. Dame Vera Lynn. ol Ihis nation's teSt iC4)ns. receive the acknowledgennt she so rfchly d8s8Nes. Flnanclal r•vl•w Fund raising dttrring the year raBed £15.872. ExpendIlU amounted to £31,062 inrkning a loss on a fUr-raIsing evenl As a of this Fund baarw have reduced from a ne9ati¥e £1.003 to a lurther negatrve FM>Sttion cl £16,193. It is pdicy of Ihe Charity to continue to raise fijnds suffiaent to cc*nplele Ihe memla1 Ststue and the erection and Maintenare thereof withln the finanua yea¥ to 31st March 2026. The trustees have 3ssesse(l the ItlOr nsks to ¥&hith the charty is exposed, and are sE5rd that systerns are in klace tD rnili9ale exposure to Ihe major risks.
DAME VERA LYNN MEMORIAL STATUE- CHARITY INDEPENOENT EXAMINER'S REPORT TO THE TRUSTEES OF DAME VERA LYNN MEMORIAL STATUE - CHARITY I report to the trustees my examinalion of thè finlia1 ststèments of D#mÈ Ver8 Lynn Memorid Slalue - Charity Ilhe charity) lor the year ended 31 IAarch 2025. R•spon81bllltlM and bsl$ ot report As the trusiees ol the charily you are re$rSible for the Preparai of the finan(3al slatements in rIdanC wilh the reqU1Men1$ of Ihe Chariii8s Act 2011 (the 2011 Act). I report in respect of my examinath)n of Ihe tharity's financi ststenIS carri•Y oul under sacknn 14S of Ihe 2011 Acl. In carrying oul my examina1 I have followed the aprAvble DirerAicffis gNen by Ihe Ch•rity Commission undef section 145ISXbl of the 2011 h£t. Ind•p•ndont •x•fflin•rfs 8i•tsm•nt Your attention Is drakw) lo the fact Ihat the chanty has ppad finanoal ststements in accordance wlh Accounting and Repthng by Charities prep8nng uieir accounts In 8ct4ydan¢6 with Ihe Financia Reponin9 Standard apF4icat4e in the UK and Republi¢ of Irtrnd IFRS 1021 In prtleT¢nc io the AcLt¥JntiNJ and ReportirvJ by Charilies.. Si8iemnt of Recfjmmerthd Pr8¢ts"¢e issued M 1 Apnl 2005 is refer to In the exlanl regulatio tr¥Jl h¥s n¢X been withdrawm. l uThJersi8nd that this h8$ been done In trder for fin8n¢wl siemeni$ lo provhle 8 Iru8 8nd fair wew In ècKordancÈ wilh Genèraly Actèpièd ActnI1n9 Prnclic4 effectwa lor rèpthlM)g p&n"ods begihrting on or after 1 JÈnuary 2015. I have C(m818d my oxamination. I cAfirM Ihat r) m8iters hm c4yne to my alIentsL in conrtttion with the 8x8minalion givir¥J me cav3e lo believe that in any malerid respect.. accounting recNds were nol kepl In respecl ol charity as reque ty section 130 of th• 2011 Ad., or the linanci81 statemenls do Tr)1 aLKord vAth those reccwds.. or Iha financial st8t8m8nts do not coMY vAth thè apph"cablè wuir•ments conc•min9 thè form and conlent ol accounts s81 out in tho Chartb"8s (Accounls and Reports) R89LdalKJns 2008 othèr than •ny TgquireThnt that the accounts giv8 8 Iruo and laii vl8w whth is rnl a mattor con&dor•d as part of an independent •xaminatlon. I have no concems and have come acros3 fK) Othor matter5 in connectk)n wth Ihe examination lo whi¢h attenllon should be dravm in this rwrt in tyder to onable a prtsr understsnding ol Ih? financd sta(arn•nts to be reached. Adam Hubbard 8A{Honsl FCA Azels Audit Setvices 7- 8 Britannia 8usiness Park Comel Way southen&thSe8 Esse SS2 6GE United KlThJdom
DAME VERA LYNN MEMORIAL STATUE - CHARITY STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2025 Unwtrlct•d UnrMtrl¢t•d fund• fund• 2025 Oonations and Evont• Int•resl 15.872 38.791 125 Totsl In¢om• 15.872 38,916 Chari18tde actiwbes 31.C62 271,734 N•t •xp•ndlbJr• for ¢h• y••rf Il•t mty4•m•nt In fimdl {15.190) 1232.8181 Fund anceS at l 2024 {1.CQ3) 231.81S Fund bd•ncM 1131 IAarch 2025 16,1931 (1.0031 The 8tJtem•nt ol fin•ndal •cknvlll88 indud88 •1 9•1 h)$8M r•c4)grMt•J in th• yw. I IrK£no •nd exwlUrn dwi¥0 f¥r#n conl*iury •(1188.
DAME VERA LYNN MEMORIAL STATUE - CHARrrY BALANCE SHEET AS AT 31 WIRCH 2025 2026 2024 Curr•nt IQ 20,083 81.7SO Cash at bank and in h4nd 9.W7 101.833 Cr•dltor•.' •mount• f411kn9 du• T on• y••r 11 1102,8381 Net ¢urr•nt l•bMiti 116.193) 11.0031 Inc¢)m• fvnd• Unro$trtGted fvnd¥ (16,1931 f1.thJ31 116.193) (1.(rt)31 Tlw finondgl stst•m¢ntJwer• ipprod by Ihv TnM* an 19 25 J K Cushi
DAME VERA LYNN MEMORIAL STATUE- CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2025 Accounting polides Charity inf0mlIan Dame Vera Lynn Memork4 Statue- Charity is a UK Regvsttrtd Chaftty w7th the Chaiily Commission. 1.1 ACcOunth convenllon The financial slatements have been prepare(l in acCordare the thanS govemirrfJ tjocurnent. the ChanDes Acl 2011, FRS 102-Ttre Financial RepIThJ Stsndard 3prAratrAe in Ihe UK and Reput4ic of Ifdand. I"FRS 102.1 and Ihe Chanlies SORP "Accountsng and RerA)rting by Chan"b"es'. Slatement ol Recomrnended Practice applicablè to chanliès prepan.ng their accthjnts in accordancè th Ihe Financia Rèport¢'n9 Stsndard BPF4icable in the UK and Repu141¢ ol Iland IFRS 1021" leffe¢iive l January 20191. The chanty 1$ a PulAI¢ Beneftl Entity as defined by FRS 102_ The chanty h83 taken adVante of Ihe provtsi(¥)s in ts SORP lor ch8riti¢$ nol to prepare a Stalement of Cash Flows. Tho financial stsiemenis h8v6 dtparted Irfyn Ihe Ch8rils (Acc(nts and RepNtsl Regulalions 2008 only lo Ihe exient rÈouired to provide 8 Irue and f•ir wew. dttp8rture has invc4ved lo11cn9 th• Sialement ol Recommended Pra¢ite for ch8nlW 8prlyin9 FRS 102 raiher than Ihe version ol th8 Statement ol R8e4mmendod Pr8¢11 whi¢h ref4ffed 10 in lh¢ Re9tiOnS hgs since been wilhdr8wn. The financial slalemenls afe prepafed in sierfing. whth k8 the lunaK)nal arn)¢y of the charity. mt#ry 8mounts In Ihese finar slaiements are rwndeo lo the neast £. The finanri81 slatem¢nts have wop¥red undw the historul c•)st ConVentst. Thè pnfi¢l accounting pc4iu¢s adopted are sei out bebw. 1.2 Golno eone•m At the time of appmwr¥J th• hnanda stal8ments. the Irusl8•s ha¥e a r•awthle exp8clal)n that thè chartty has adgquale resources lo conljnue in ¢Jperalirmal 8xi51ence ts the fores6tI8 hjlure. Thus the trusteès continue lo gd(wl the going concem bast5 of ac¢ountir4J In weparing lh& financ siaiernants. 1.3 Charlt•l4• fund• Unreslncied lunds 8ra 8v8i1814è us8 81 U)• thStl of Irustths in further8nc6 of I11 charilable objoctives. Rtsstri¢ted lunds aro subject lo Speryf ccmdilK)ns ty doThys as lo they may bè u8thJ. The w1p0 and us¢$ of th¢ rèsirirt Ivnd5 are sel in noles the financial staterwits. End0ent funds we lo spw'fic c1tS by doThys ihal the musl be maintainY by the ch•rrty. 1A In¢orn• Incomè 15 wisd when Ihe charity i8 legaty errtiled to il after any perfrt coNlitffts have ten mèL the amunls Can measured rdiatrty. it is probatAe Ihal ire wnll be received. Cash trmatiS are rec(Jnised relp1. Other d(¥)alw)ns fwisgj ¢yKe th¢ charity IS been fiotified of the donation, unless performance condrt¢cs requi delerya ol the amount. Income tsx ¢0¥er88 in relation to donations Tl¥ed under Gift AKI or deeds of covenant is recolSed at Ihtr time of the donat. Lg8¢S ara r6cognisl or) or ollwws8 rf the th8nty has be notified of an impendtrg distribu11. the am¢JJnt is kno*m, and rOpt exp8L1ed. If the arrwnt rs nol known. the legacy 15 treated as 8 conkn"ngeni assei.
DAME VERA LYNN MEMORIAL STATUE- CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng polid¢• (contInu) Expenditure k8 reccrfJni8ed there is a legal or conslru¢iwe obtytioti to tr8nsfer eCLnomic benefit to 8 third party, il is probable that a Iransler ol econ(wn benefits wil be reqvired in tIleMent. the amount of Ihe oblgation can be Asured roliabty. Expenditure is classilie(I by acb'vily. The cosis ol each llty ère made of the tolal ol direct rthts and shared costs, induding suprth costs inwjved in underking eath acilty. rn5ts attributsblt to a sin8 aciivIIy 8re allorated directty to that activity Sh8fed costs wthich conintmjie more than one activity and support C0515 which are Th)t altribLrtable to a single aciNIty are apporboned bèThvÈen Ihose actNitles on a basls consislent with the use ol resources. Cenlral stsff costs are al¢ted on thè basis ol time spant. and d0prèc1ali ¢harg•s are alorafed the ol tho ass•t's u80. 1.5 C•sh •nd c•sh wuiv•l•nts Cash and cash equivgents indude cash in hand, dèrA)sits held ai ¢al bank$. olher short-ièmi liquid investments origin4 MatunI ol three m(snth$ or less, and bank overdrafts. Bank overdrolts are shown within rTing$ in cwèntloblitw. 1.6 Fln•n¢l•l In¥trum•nts Tha ehanty has g16cted tr) apply Ihè p8•0$ of secr 11 'Bax Financial Instruments, S•ctth 12 'Olher Finanaal Instrumènts Issuès, ol FRS 102 to all ol its finanu4 ir¢struments. Fin¥nu#l inslwuments are recognised in the chantys b&arKe sheel when tt Ghanty becomes porty to the ¢ontr8clu4 provisions ol the Instrurnenl. Financial asseis and Ikiblilies a offset, with Ihe not amounts presenled in the financia Stsiemenls, when there is a legaNy enlorc£at4e right to set oll th¢ ra¢4gAised #rwnls and ¢here is an interikn to seltle on a net basis lo realise the assel and s611k the h"ability SimllaneOuy. Crltlc•l accntIng Mtlmat•s •nd ld9•m•N In the 8pplication ol tho charity's accountsng KIeS. tha trust685 requirgd lo make iuthJ•m8nls. estimates nd 8ssurnptls abovl the carrying anN)unt of assets a1 14bilib"&s ihat ai? not rea(Idy appafgnt frcyn other St)urces. The e$tim¥tes and a5SOCi8ted assumpbons a based tttsl¢yical expenence olher factors that a con&dered lo te rdevaThl. Actual T¢ts m8y differ from Ihese ests"males. The estimales 8nd uN1etlyiNJ assumpiion$ are ffjv**ed on an orM>)ing basis. Revish)ns to aeeounts'ng estimates are recognised ir Ihe Fenod Trn which the eslimale is rewsed whe Ihe revis affects only Ihai pertod. ry in the period of the and fulW6 porxyjs Ihe revision affecls bolh cuffenl and futurt p8ncxYs. Don•tlons •nd Ev•nts Unrestricted Unrnstncted fund• lund5 2025 2024 Ck)nalions and gifts 15,872 38,791 15.872 38,791
DAME VERA LYNN MEMORIAL STATUE- CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Int•rnst Totsl Unr•thd lund 2025 2024 Interest re¥te 125 Charltabl• •ctlvltl•• Exp•nd1r• Exwdltur• 2025 2024 Scp¢Ure cosls mod18 CL•mmun*akn & In$uran¢e Sundry costs Lo88 on fund r8isiw enI 2YJ.COO 18.756 735 923 9,516 773 19,407 29,982 270,414 Sharo of gornan 5(888 nc48 6) 1.320 37.c2 271,734 2024 Audrtofs, remunerati r#Jn audht ¥ 1.080 1.320 1.320 1.080 1,320 Charitable actimties 1.080 1,3 Audrtors, rnmun8r8bon lor •JJrt 7woth c(stitLoS 188s paYe in r85ped ol the Chariws IrKlgpgThJent Ex8minalion. Trust None ol the Iwstees lor any persons neeI wilh them) recefveAI any r•murwabon or beneffts from the charity during th6 year.
DAME VERA LYNN MEMORIAL STATUE . CHARITY NOTES TO THE FINANCIAL STATEIAENTS {CONTINUEO) FOR THE YEAR ENDED 31 AIARCH 2025 Ernploy••s 2025 Mumb•r Numb•r Tolal Th• ¢hethty Is ¢ximpl from lex on In¢c¥M and gal falry wthln 8•cUon SOS of thè Trxas A¢t 1988 or soction 252 01 t T•xalon of Chary•ab Galn8A¢i 1992 10 •xtèni that thosè •ro aprllod to ts c*•rttable objects. 2025 Arnount• f•lllnq du• wlthln M• y••r. Olh•r d•btors 20,083 11 Cmdltorn: wMunt• f•lllno du• ¥Athln on• y••r 2025 2024 Trade crgdllors Ac¢rualg and d•l¢rY•d irco 101,536 1,300 102,836 12 R•l•t•d p•rty tr•n•acllo