Kingswinford & Stourbridge Lions Club (CIO)
Report of the Trustees for the year ended 30 June 2025
The Trustees present their Annual Report together with the financial statements of the Company for the year ended 30 June 2025. The Annual Report serves the purposes of both a Trustees' report and a Directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company'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 (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives
The objects of the club are such purposes as are exclusively charitable in England & Wales, including in particular:
- 1.1 the advancement of citizenship by:
1.1.1 promoting the principles of good citizenship.
1.1.2 encouraging members to take an active interest in the civic, cultural, social, and moral welfare of the community.
1.1.3 providing a forum for the open discussion of all matters of public interest, provided that partisan politics and sectarian religion shall not be debated by members.
1.1.4 encouraging service-minded people to serve their community without personal reward and encouraging the promotion of high ethical standards in commerce, industry, professions, public works, and private endeavours.
1.1.5 supporting youth to develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals.
1.2 promoting the voluntary sector for the public benefit by associating with local authorities in a common effort to advance education and provide facilities in the interests of social welfare for recreation or other leisure time occupation to improve the conditions of life of people in local, national, and international communities.
1.3 promoting volunteering.
1.4 the relief of poverty and the relief of those in need in particular by providing humanitarian aid and disaster relief.
1.5 the advancement of health or the saving of lives by preventing avoidable blindness, assisting disabled people to lead independent lives, or helping to prevent or manage health issues.
1.6 promoting for the benefit of the public the conservation protection and improvement of the physical and natural environment.
1.7 promoting community participation in healthy recreation.
Page 2
Kingswinford & Stourbridge Lions Club (CIO)
Report of the Trustees for the year ended 30 June 2025 (continued)
Financial review
Reserves
At 30 June 2025 general reserves amounted to £9,872 (2024: £10,348).
Principal funding
Voluntary donations from the public and funds raised through events
Structure, governance and management
Constitution
Kingswinford & Stourbridge Lions Club is registered as a Charitable Incorporated Organisation and was registered on 8 February 2023
Statement of Trustees’ responsibilities
The Trustees (who are also the Directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable laws and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial period. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees 31 March 2026 and signed on their behalf by:
S Rice (Trustee)
Page 3
Charity Number: 1201879
Kingswinford & Stourbridge Lions Club (CIO)
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2025
Kingswinford & Stourbridge Lions Club (CIO)
Contents of the Financial Statements for the year ended 30 June 2025
| Page | |
|---|---|
| Reference and administrative details of | |
| the Company, its Trustees and advisers | 1 |
| Report of the Trustees | 2 to 3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 11 |
Kingswinford & Stourbridge Lions Club (CIO)
Reference and administrative details of the company, its trustees, and advisers
Trustees S Rice K Rice J Hayward A Owen M Blaxland Charity registered number 1201879 Registered office 28 Compton Road Kinver Stourbridge DY7 6DN Independent Examiner Altus Business Consulting Ltd 88-89 High Street Wordsley Stourbridge West Midlands DY8 5SB
Page 1
Kingswinford & Stourbridge Lions Club (CIO)
Report of the Trustees for the year ended 30 June 2025
The Trustees present their Annual Report together with the financial statements of the Company for the year ended 30 June 2025. The Annual Report serves the purposes of both a Trustees' report and a Directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company'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 (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives
The objects of the club are such purposes as are exclusively charitable in England & Wales, including in particular:
- 1.1 the advancement of citizenship by:
1.1.1 promoting the principles of good citizenship.
1.1.2 encouraging members to take an active interest in the civic, cultural, social, and moral welfare of the community.
1.1.3 providing a forum for the open discussion of all matters of public interest, provided that partisan politics and sectarian religion shall not be debated by members.
1.1.4 encouraging service-minded people to serve their community without personal reward and encouraging the promotion of high ethical standards in commerce, industry, professions, public works, and private endeavours.
1.1.5 supporting youth to develop their skills, capacities, and capabilities to enable them to participate in society as mature and responsible individuals.
1.2 promoting the voluntary sector for the public benefit by associating with local authorities in a common effort to advance education and provide facilities in the interests of social welfare for recreation or other leisure time occupation to improve the conditions of life of people in local, national, and international communities.
1.3 promoting volunteering.
1.4 the relief of poverty and the relief of those in need in particular by providing humanitarian aid and disaster relief.
1.5 the advancement of health or the saving of lives by preventing avoidable blindness, assisting disabled people to lead independent lives, or helping to prevent or manage health issues.
1.6 promoting for the benefit of the public the conservation protection and improvement of the physical and natural environment.
1.7 promoting community participation in healthy recreation.
Page 2
Kingswinford & Stourbridge Lions Club (CIO)
Report of the Trustees for the year ended 30 June 2025 (continued)
Financial review
Reserves
At 30 June 2025 general reserves amounted to £9,872 (2024: £10,348).
Principal funding
Voluntary donations from the public and funds raised through events
Structure, governance and management
Constitution
Kingswinford & Stourbridge Lions Club is registered as a Charitable Incorporated Organisation and was registered on 8 February 2023
Statement of Trustees’ responsibilities
The Trustees (who are also the Directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable laws and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial period. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees 31 March 2026 and signed on their behalf by:
S Rice (Trustee)
Page 3
Kingswinford & Stourbridge Lions Club (CIO)
Independent Examiner’s Report for the year ended 30 June 2025
I report on the accounts for the year ended 30 June 2025 set out on the following pages.
Respective responsibilities of trustees and examiner
The charity's trustees (who are also the directors for the purposes of company law) 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(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required and I am qualified to undertake the examination by being a qualified member of ICAEW.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner’s report
My examination was carried out in accordance with the 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 you as 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 statements 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
-
to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
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.
Richard Ashmore ICAEW Altus Business Consulting Chartered Accountants 88-89 High Street Wordsley Stourbridge West Midlands DY8 5SB
31 March 2026
Page 4
Kingswinford & Stourbridge Lions Club (CIO)
Statement of Financial Activities (including summary income and expenditure account) for the year ended 30 June 2025
| Note Income from: Donations and legacies 3 Other Income 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net income / (expenditure) Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 18,965 213 |
Unrestricted funds 2025 £ 18,965 213 |
Restricted funds 2025 £ - - |
Restricted funds 2025 £ - - |
Total funds 2025 £ 18,965 213 |
Total funds 2024 £ 18,434 315 |
Total funds 2024 £ 18,434 315 |
|
|---|---|---|---|---|---|---|---|---|
| 19,178 | - | 19,178 | 18,749 | |||||
| 19,654 | - | 19,654 | 24,331 | |||||
| 19,654 | - | 19,654 | 24,331 (5,582) - |
|||||
| (476) - |
- - |
(476) - |
||||||
| (476) | - | (476) | (5,582) | |||||
| 10,348 (476) |
- - |
10,348 (476) |
15,930 (5,582) |
|||||
| 9,872 | - | 9,872 | 10,348 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 7 to 11 form part of these financial statements.
Page 5
Kingswinford & Stourbridge Lions Club (CIO)
Balance Sheet as at 30 June 2025
| Note 9 Current assets Debtors Cash at bank and in hand 11 Creditors: amounts falling due within one year 10 Net current assets Creditors: amounts falling due after more than one year Net assets Total net assets Charity funds Restricted funds 12 Unrestricted funds 12 Total funds |
- 9,926 9,926 (54) |
2025 £ - 10,426 10,426 (78) 9,872 - 9,872 9,872 - 9,872 9,872 |
2024 £ 10,348 - 10,348 10,348 - 10,348 10,348 |
|
|---|---|---|---|---|
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 31 March 2026 and signed on their behalf by:
S Rice
(Trustee)
The notes on pages 7 to 11 form part of these financial statements.
Page 6
Kingswinford & Stourbridge Lions Club (CIO)
Notes to the Financial Statements for the year ended 30 June 2025
1. General information
The company is a company limited by guarantee in England. The members of the company are the Trustees named on page 1.
2. Accounting policies
2.1. Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
2.2. Going concern
The Trustees have reasonable expectations that the charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees have reviewed future cashflows for income and expenditure for the next 12 months. They continue to believe that the going concern basis of accounting is appropriate in preparing the financial statements.
2.3. Income
Recognition
All income is recognised once the company has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
2.4. Expenditure
Recognition
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Support Costs
Support costs are those costs incurred directly in support of expenditure on the objects of the company and include project management carried out.
Charitable Activities
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
Page 7
Kingswinford & Stourbridge Lions Club (CIO)
Notes to the Financial Statements for the year ended 30 June 2025
2. Accounting policies (continued)
2.5. Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the Bank.
2.6. Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.7. Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
2.8. Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 8
Kingswinford & Stourbridge Lions Club (CIO)
Notes to the Financial Statements for the year ended 30 June 2025
3. Income from donations and legacies
| Donations Events Sleigh Collections Member Subscriptions Gift Aid Charter Receipts Sale of Equipment Total 2024 |
Unrestricted funds 2025 £ 957 450 13,347 875 2,286 875 175 18,965 |
Restricted funds 2025 £ - - - - - |
Total funds 2025 Total funds 2024 £ £ 957 3,566 450 817 13,347 12,963 875 1,088 2,286 - 875 - 175 - 18,965 18,434 18,434 |
|
|---|---|---|---|---|
18,434 |
4. Other incoming resources
| Bank Interest Total 2024 |
Unrestricted funds 2025 £ 213 |
Unrestricted funds 2025 £ 213 |
Unrestricted funds 2025 £ 213 |
Restricted funds 2025 £ - - |
Total funds 2025 £ 213 213 |
Total funds 2024 £ 315 315 |
|---|---|---|---|---|---|---|
| 213 315 |
||||||
| 315 |
Page 9
Kingswinford & Stourbridge Lions Club (CIO)
Notes to the Financial Statements for the year ended 30 June 2025
5. Analysis of expenditure on charitable activities
Summary by fund type
| Charitable activities Total 2023 |
Unrestricted funds Restricted funds 2025 2025 £ £ 19,654 - |
Unrestricted funds Restricted funds 2025 2025 £ £ 19,654 - |
Unrestricted funds Restricted funds 2025 2025 £ £ 19,654 - |
Total funds 2025 £ 19,654 |
Total funds 2024 £ 24,331 |
|
|---|---|---|---|---|---|---|
| 24,331 | - | 24,331 |
6. Analysis of expenditure by activities
| Event Costs Sleigh Costs Subscriptions to LCI Advertising Office Costs Regalia Message in a bottle Room Hire Service Projects Other Costs Charter Expenses Donations Total 2024 |
Unrestricted Restricted Costs Costs 2025 2025 £ £ 1,953 - 594 - 1,464 - 15 - 15 - - - - - 125 - 600 - 254 - 634 - 14,000 - |
Unrestricted Restricted Costs Costs 2025 2025 £ £ 1,953 - 594 - 1,464 - 15 - 15 - - - - - 125 - 600 - 254 - 634 - 14,000 - |
Unrestricted Restricted Costs Costs 2025 2025 £ £ 1,953 - 594 - 1,464 - 15 - 15 - - - - - 125 - 600 - 254 - 634 - 14,000 - |
Total funds 2025 £ 1,953 594 1,464 15 15 - - 125 600 254 634 14,000 |
Total funds 2024 £ 2,465 950 1,537 250 99 60 310 125 265 50 - 18,210 |
|
|---|---|---|---|---|---|---|
| 19,654 | - | 19,654 | 24,331 | |||
| 24,331 | - | 24,331 |
Page 10
Kingswinford & Stourbridge Lions Club (CIO)
Notes to the Financial Statements for the year ended 30 June 2025
7. Trustees’ remuneration and expenses
During the year ended 30 June 2025, no Trustee received any remuneration or expenses (2024: £nil) .
8. Creditors: Amounts falling due within one year
| editors: Amounts falling due within one year | ||
|---|---|---|
| Member subscriptions | 2025 £ 54 |
2024 £ 78 |
| 54 | 78 |
Page 11