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2024-12-31-accounts

ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

THE LASHES FOUNDATION

CHARITY REGISTRATION No: 1197395

Castle View Accounting Ltd Ground Floor Offices

53 High Street Arundel West Sussex BN18 9AJ

THE LASHES FOUNDATION

CONTENTS

Page 3 Legal and Administrative Information
Pages 4 to 6 Trustees' Report
Page 7 Statement of Financial Activities
Page 8 Balance Sheet
Pages 9 to 14 Notes to the Financial Statements
Page 15 Independent Examiner's Report

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THE LASHES FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1197395 DATE OF REGISTRATION 7th January 2022 START OF FINANCIAL YEAR 1st January 2024 END OF FINANCIAL YEAR 31st December 2024 TRUSTEES AT 31ST DECEMBER 2024 Andrew Sumner Annie Wilson Diane Darby Amanda Hill Lindsay Pownall Lee Wilson Emma Wilson Kelly Wilson Patrick Delahunty LEGAL STATUS Unincorporated Charity

GOVERNING INSTRUMENT

Trust Deed Dated 22nd November 2021

OBJECTS

To relieve financial hardship, sickness and poor health amongst the community, particularly the elderly and disadvantaged people in the Clipstone Parish and surrounding areas, which they could not otherwise afford through lack of means by providing: grants, goods and services to individuals in need and/or charities, or other organisations working to improve the standard of life, prevent or relieve poverty, and improve mental well-being to help young people within the Clipstone Parish and surrounding areas, especially but not exclusively through leisure time activities, so as to develop their capabilities that they may grow to full maturity as individuals and members of society through: ( a ) The provision of grants to support recreational and leisure time activities provided in the interest of social welfare, designed to improve their conditions of life ( b ) Providing grants to support activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals ( c ) To relieve the poverty of young people by the provision of grants to enable them to participate in healthy recreational and educational activities that they could not otherwise afford provide financial support to young people within the Parish of Clipstone and surrounding community areas, who demonstrate exceptional commitment and/or ability in academic, sport, or the performing arts but may be held back by their financial situation from pursuing their goals.

CORRESPONDENCE ADDRESS 2 Cardinal Way Clipstone Village Mansfield NG21 9FH PRIMARY BANKERS Lloyds Bank Plc 25 Gresham Street London EC2V 7HN INDEPENDENT EXAMINERS Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

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THE LASHES FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024

Chairmans Report

I am honoured to present the report for the third full year of the Lashes Foundation.

In July 2021, Emma and Lee Wilson devastatingly lost their daughter, Evie, aged just 13. Evie brightened every room she entered with her beautiful smile, infectious giggle, and witty sense of humour. She was a truly special individual who always put others before herself. The Lashes Foundation was created to keep Evie’s legacy alive, continue her kindness, and help others in the local community – just as she always did.

Out of such sadness, the Lashes Foundation has continued to grow from strength to strength, completing its third full year thanks to the incredible support of the local community. This support has enabled us to help a significant number of people and groups in our local community, making a real difference where it is needed most.

We remain constantly amazed and deeply grateful for the generosity we receive – whether from major donors, monthly donors, event attendees, raffle ticket buyers, fundraisers, who make a donation or those who donate items to our Lashes HQ pre -loved shop. Without you all, we simply could not do what we do.

A heartfelt thank you also goes to our dedicated trustees, who work tirelessly every day to help us support local people and groups, and to our wonderful volunteers, who are always there at events and at Lashes HQ to lend a helping hand. We are also delighted to welcome Annie Wilson and Diane Darby as new trustees – their energy, hard work, and enthusiasm are already making a positive impact on the Foundation.

Thank you for your continued support and for believing in what the Lashes Foundation strives to achieve.

Andy Sumner - Chairman

Trustees Report

2024 has been another fantastic year for the Lashes Foundation. We have continued to grow, reaching more people than ever across our local communities in memory of Evie.

We are deeply grateful to every supporter, donor, and volunteer – your generosity makes our work possible.

Community Events & Fundraising

Evie Day was once again one of the highlights of the year – not only raising funds but also bringing the community together alongside other local charities and businesses. We also held sell-out events including our first Bingo Bongo Night, the White Night, and Under the Cosh.

Special thanks to Mansfield Town for hosting us at their home game against Blackpool, where our promotional video reached over 100,000 views and fundraising and awareness exceeded expectations.

In 2024, our 17 major donors contributed over £24,000, and our 137 monthly donors gave nearly £6,000. Combined with event income, donations and Lashes HQ revenue this generosity enables us to keep Evie’s legacy alive by supporting hundreds of people in our community.

Looking ahead to 2025, we have an exciting calendar of events including a T20 cricket match against Mansfield Town, a Padel Tournament at WPA Padel, Evie Day, the Evie Ball, and the White Night.

Grant Making

As a grant-making charity, every request is reviewed by all trustees under our governance process.

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THE LASHES FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024

In 2024, our third year as a registered charity, we awarded 364 grants totalling over £90,000. Since our launch, we have received over 840 grant requests and expect to surpass 1,000 in early 2025.

2024 Grants Breakdown;

Examples of Support Provided:

· Beds for children who had been sleeping on the floor.

· Help towards carpets to help provide a level of protection for very young children .

· Help towards domestic appliances so families in need can wash the families clothes.

· Equipment and kit for youth sports teams to promote recreation and mental wellbeing.

Lashes HQ - remains a key part of our work. In 2025, we will relocate to a new site in partnership with the local church, reducing costs, creating more space, and making better use of facilities. The shop continues to:

· Offer disadvantaged young adults valuable retail work experience.

· Provide high-quality, affordable pre-loved goods for local people during challenging times.

· Generate sustainable income to fund our community grants.

We remain committed to transparency and regularly update our supporters on our social media and website about how we help others.

Thank you to everyone who supports us – together, we are making a lasting difference for those in need in our community.

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THE LASHES FOUNDATIQN FOR THE YEAR ENDED 318T DECEIABER 2024 to Chatitles ￿ ErWwKJ Wab•8. Chth kt 2011, Chorlty IA(txM)ts a￿1 R8F¢rttsl Rew16t￿& Ijwiity wll c£ffitiThJo to cwate. A.r.S￿MP

THE LASHES FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Unrestricted Designated Restricted TOTAL TOTAL
Notes Funds Funds Funds 2024 2023
£ £ £ £ £
INCOMING RESOURCES
Incoming Resources from Generated Funds
Donations, Grants & Legacies 3a 68,206 - - 68,206 66,074
Charitable Activities 3b 20,052 - - 20,052 38,970
Activities for Generating Funds 3c 20,047 - - 20,047 21,990
Investment Income 3d 1,326 - - 1,326 492
Other Incoming Resources 3e 907 - - 907 -
TOTAL INCOMING RESOURCES 110,537 - - 110,537 127,526
RESOURCES EXPENDED
Costs of Generating Funds
Cost of Charitable Activities 4a 119,579 - - 119,579 101,981
Cost of Generating Funds 4b - - - - 10,446
Governance Costs 4c 1,565 - - 1,565 690
TOTAL RESOURCES EXPENDED 121,144 - - 121,144 113,117
NET INCOMING (OUTGOING) RESOURCES (10,606) - - (10,606) 14,409
Funds Brought Forward 92,026 - - 92,026 77,617
Cost of Stock 17 4,962 - - 4,962 -
TOTAL FUNDS CARRIED FORWARD 86,382 - - 86,382 92,026

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 9 to 14 form part of these financial statements.

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THE LA8HES FOUNDATION A8 AT 318T DECEM8ER 2024 TOTAL TOTAL

1.￿24 3141*23 107.167 112,129 107.10T 112,129 25,747 747 11 382 A.T.£uMfyEL

THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the trustees are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services have been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

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THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES (continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Unrestricted funds

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.

Restricted funds

These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.

Designated funds

These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.

Fixed Assets

Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:

Fixtures, Fittings and Equipment

25% - Reducing Balance Basis

2. TANGIBLE FIXED ASSETS

The Charity held no fixed assets during this or the previous financial year.

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2024 : Lease dated 12th July 2022 for 3 years to 12th July 2025 at £400.00 per month. 31st December 2023 : Lease dated 12th July 2022 for 3 years to 12th July 2025 at £400.00 per month.

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THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

3. INCOMING RESOURCES

a) Donations, Grants & Legacies
Gifts & Donations
b) Charitable Activities
Activities & Events
c) Activities for Generating Funds
Merchandise Sales
Pre-Loved Sales
d) Investment Income
Interest
e) Other Incoming Resources
Sundry Income		 Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2024
2023
£
£
£
£
£
68,206
-
-
68,206
66,074
68,206
-
-
68,206
66,074
20,052
-
-
20,052
38,970
20,052
-
-
20,052
38,970
3,350
-
-
3,350
4,826
16,696
-
-
16,696
17,164
20,047
-
-
20,047
21,990
1,326
-
-
1,326
492
1,326
-
-
1,326
492
907
-
-
907
-
907
-
-
907
-

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THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

4. RESOURCES EXPENDED

a) Cost of Charitable Activities
Activities & Events
Bank Charges
Charitable Grants
Insurance Costs
Licenses & Subscriptions
Postage & Stationery
Rent & Rates
Sundry Expenses
Utility Costs
Website Costs
b) Cost Generating Funds
Cost of Goods
c) Governance Costs
Independent Examiners Fees
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Legal & Professional Fees		 Unrestricted
Designated
Restricted
TOTAL
TOTAL
Funds
Funds
Funds
2024
2023
£
£
£
£
£
11,865
-
-
11,865
19,633
-
-
-
-
914
91,036
-
-
91,036
64,686
1,033
-
-
1,033
1,034
427
-
-
427
-
23
-
-
23
-
12,653
-
-
12,653
10,975
1,891
-
-
1,891
1,951
246
-
-
246
2,788
403
-
-
403
-
119,579
-
-
119,579
101,981
-
-
-
-
10,446
-
-
-
-
10,446
960
-
-
960
690
605
-
-
605
-
1,565
-
-
1,565
690

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THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

5. RESTRICTED FUNDS

The Charity held no restricted funds during this or the previous financial year.

6. DESIGNATED FUNDS

7. INVESTMENTS

The Charity held no fixed assets investments during this or the previous financial year.

8. CASH AT BANK AND IN HAND

Cash at Bank & in Hand
9. DEBTORS AND PREPAYMENTS
Sundry Debtors		 Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
107,167
-
107,167
92,026
107,167
-
107,167
92,026
Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
-
-
-
-
-
-
-
-

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Grant Commitments
Independent Examiners Fees		 Unrestricted
Restricted
TOTAL
TOTAL
Fund
Fund
31-Dec-24
31-Dec-23
£
£
£
£
24,787
-
24,787
-
960
-
960
-
25,747
-
25,747
-

11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The Charity held no long term liabilities during this or the previous financial year.

13

THE LASHES FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

12. NET ASSETS BETWEEN FUNDS

Fixed Asset Investments
Net Current Assets
Long Term Liabilities		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
31-Dec-24
31-Dec-23
£
£
£
£
-
-
-
-
86,382
-
86,382
92,026
-
-
-
-
86,382
-
86,382
92,026

13. STAFF COSTS AND NUMBERS

The Charity employed no members of staff during this or the previous financial year.

14. TRUSTEES AND OTHER RELATED PARTIES

During the financial period M. Hill (Daughter of Trustee A. Hill) received £225 in grants in furtherance of the Charity's objects. All conflicts of interest have been identified, documented and managed accordingly.

During the financial period the Charity made payment of £1,200 to Touch of Charm Ltd (Registered Company Number 13862467) for services provided in support of events carried out by the Charity in furtherance of the Charity's objects. Trustee Kelly Wilson is also Shareholder of Touch of Charm Ltd (Registered Company Number 13862467) and all conflicts of interest have been identified, documented and managed accordingly.

No other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.

15. RISK ASSESSMENT

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

16. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the Charity's needs. This is based on the Charity's size and the level of financial commitments held. The Trustees aim to ensure the Charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.

17. PUBLIC BENEFIT

The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the Charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the Charity should undertake.

18. STOCK

Stock consists of items purchased in order to generate profit to further the Charity's objects. Stock is valued at the lower of costs or net realisable value.

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THE LASHES FOUNDATION

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the trustees/ members of The Lashes Foundation on the accounts for the year ended 31st December 2024 set out on pages 6 to 14.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. 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 seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

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:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ

Date: 1st September 2025

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