Charlty regiStrnOn numbpr 1205534 LISKEARD LIONS CLUB CIO ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
LISKEARD LIONS CLUB CIO LEGAL AND ADMINISTRATIVE INFORMATION Truste•s Mr Stuart Houghton r M8r1in Symt)Mts MrAl8n Mavkny (Apprinted 1 Juty 2024) (Appnted l July 2024) Chorty number 1205534 Reglstered office ue Hills St Keyne Liskeard PL14 4FU Indepgndent gxamlner 14ydi8A£cwnts Limlted The Parade Liskeard Comwdl PL14 6AF
LISKEARD LIONS CLUB CIO CONTENTS Page Tnjslees, report Independent examlnerfs report statsmenl of finanoal &tivitie5 an¢* shoet Ndes lo the finanaal statemerrts 7-13
LISKEARD LIONS CLUB CIO TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2025 The trustee8 thEir annual report 8nd finandal Statfc the yearended 30 June 2025. The statements have been prepgred in a¢Gtthnce TIh the accDunting Fdicies sat oul In note I to lh• nancial ,afrments and ¢ornpW with tht ch8rits govemlng 0Ment, Ch8ritiÈs Ad 2011, FRS 102 'The Financial Reporting Standard applicat4e In I.e UK and Republc of treland" and the Charities SORP 'AcC(n9 and Reporting by Charities.. Slaternent of Recwimended PRdce appl.:cable to ch8rib85 préparlng thelr accounts Sn accordance wth the FinanGial Reporting Standard aFWcabk intiie UK RewtAi¢ of Irebnd IFRS 11J2)" Objectlvos and a¢tlvltles Tha d)8rity'8 objective8 are to tde ccfflmunity seNce and 6UFP(Xt those in need. induding: of povety and hardshlo . Swpttt far healh and welbeing inrbatives A(fvancement of rnMunty ctheEIC The trustse6 have pald due regard to guldance isyJ8d by Ihe Charfty comm18s1 In detithng what the charlly should undertake. Tho CIO was dormant thè 1st April 2025. ¥knen tradbrg ccffimenced tsking on the tharil8tr10 8dlthligs Df The LIT8 Club ol Ll$keard' Icharfty number 2908931. During Ihe trading p8riod, the rhartty has carrled rrtrt the fOllg .%Atles'. argani$¢d 8nd as8i8ted at loc4 ccffimunity events Canw Researth UK Relay fDr Lilo. Bingo, catering al otridoor events an annua Fair Prov]dad Inancl aStaYe to InthdLth and knL¥lfamlllg5 In need Supported local charities and communlty grp$ Partlclpated in national aTra IrteMatical ¢$ Inibabves le.g. ght and he8kh eamp8ignsl Ddlvered c* have made preparatiS ready for 8ea8Md athvrbes such as Flrework8. Santa 8lelgh colectionts, Camwal and a Pant(rne. AGhlevEments and perfornianc8 Dutlng Ihls thma month trading peiiod. the charity. Raised £7,641 Ihrough fundrJi&ng actiM"ties Dcnated funds of£l.727 to Ial c£usès and indi¥idua18 Supp(¥ted community events attended by 3,000 r8sldents CDrrtlnued InVOement in knOed initiatsves, part1(#JI8 in areas as wsiM supwt and community wemare The tru51ees COnder that these actr¥itses h8¥e proNlded tangible benefft to the lor1 community, p8rtiCLA8rfy to vulnerable indivlduaL8 and 1gmilie8. The char#y aso beneffted frcrfn a Wue5l by Mr Jthn Jaccts. TeceiwTrJ £200.000 during the period. wth residential PYDperb8s in Li8keard to b8 transfeTr&l after prc4the. His leg8Gy reqLures the hou8e8 to be rented lo local farnilies in need, Vth the cash VDMded to bring them LP tu modem bmng standards.
LISKEARD LIONS CLUB CIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Flnanclal revjew During the Ihretsmorrth period, the CIO cwtinued rts commitment to CDmmuntty fundraising to 6UPPOrt chaTltable donation& Addrtional income was gEnwated through memb4s operatfjng a catemg van al lttal evenls. WTth all profit8 directed to ¢harty. The CIO also recelved Val donations from ILYal lyjgnesses and individuals. Fun(Ss from the John Jaccbs Mwnorial Fund havè been pld in a sepwate savings account for luture wop8ty refurtishmenls. Evant costs were kept rnirimal to maximise tharftablB I)Xthan8. lpluS fvnds wew dgnal8d to tharfti dedded by the Trustees and governg offi¢er& 11 is the policy of Ihe charfty that lestricted fiJTrds have nd been degnated for a spedfK USB should be malntsined at a level equfvalent to betsveen ttree and six rncfftth's expendittjre. The trustees cOnder that regVe$ t this lev81 wll ensure that. in the ev8nl of a &gnff,cart drop in bjnding, th8y will b8 ab to (nts"nue th¢ charitls ¥tivibes Tr•thila con$¢daLlen is gNen toways in vthid) additiona fvThJs may be ralsed. This level of reserv¢8 h&8 been maintained thioughwt the year. The dosing rpseNfJ balreS 8re as loHow& Unrestrided reseS-£2,s8s Resiricted reseTve8 . £200,649 The Iruslee8 review the reserves policy at least annually. may also UF# more rogularty trj monktor Ihe impact DI the prDpety relurblshments Y+Rn WDth commences. The trn have 38se8sed the major rfsk8 to whith the 1$ exFj. are satisfied that sy8lems arB in pla to miligate exposure to major ri&ks. Slructurei governance and management The chty 18 a Charitable InpOrated OTganisati1 (CIO) and as such has no equty holdings. Thore the Trustees of the CIO have no IlaE41ty to conthbule to its assets re$rnblty 8ettKng its debt and Ilabilities sh(wld the i>rganisation bewound up. Trustees do not benefft from their Invdvement in Ih? ganati in any way. No reMUneran or other r8wards are cmferred lo Trusiees for their SeNS. The CIO 15 govemed by its cons11On athjpted on 2 Novembw 2023. The charlty operates as p¥t of the sther nerk ¢)f Lions Ckjbs knterD8bC, folowing Its wnaples of communlty Service and volunteeriny. The Iru8tees seNed during the ye8r and LP tothe date of SigUre Dfthe finanual slalemerrt8 were.. Mr Stuart Hought Mr Martin sym05 MrAlan Mawby IAtpoinl&Y 1 Juty 20241 IAFyointed 1 Juty 20241 Trugt888 8r8 8kwoifile(l frn the membwthip of the knons in a(¥)Xdce wth the ¢l8tiluty), typically on an annual basis at ihe Annual General Meeting. The tNstees adnllnisler Ihe ttority. Day-tyday athties are organised by r*Jb memb5 and coornlnated through regular monthty rne¥tings.
LISKEARD LIONS CLUB CIO TRUSTEES, REPORT (CONTINUED) FOR THE VEAR ENDED 30 JUNE 2025 The tsiJ8te ' report Was approved by the Bowd ofTnJslee& Mr Stuart Ho Trustee Mrma Tru$tse Symcfflds filrAlan Ma Tru51ee o4,Lk,I
LISKEARD LIONS CLUB CIO INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LISKEARD LIONS CLUB CIO I report to the trustees on my examinthn ofthe financial Statements of knskeard tions Club CIO (the charity) for the ar &nded 30 June 2025. R•sponslblllUes and basls of report As th& trustees of the charity you are reSple fly the prepardtion of Ihe finanaal sta16m&nts in a¢cor(lance with the requirgments of Ihg Choritie5 Acl 2011. I report In respéct of my èxanlnatbn of thè charitys fnancial statemènts canl8d out under sèctlon 145 of th Charfllas Ad 2011. In corying out my examination I have fiAk)w the Directions gwèn by the Charity ComThiss)n under se¢tlon 14515llbl of thÈ CharlU6s Ael 2011. Independont ¢X4mlnèrf# ststemènt Your attention Is drawn to th6 fa¢t that tho charity has prepared the financAal statemenls in accordancg wlth the r8levanl version of the Statement of RecommerKl8d Pracllce apicab lo Charities preparing their finandal st8t&mants in accorfanc with the Financial Reporlirig StarKlard applioble IN the UK and Republic of Ireland IFRS 1021 in prgfgrenc6 lo lh8 Aceountng and Rèporting by Charities.. Staternenl of Recommended Practice Issued on 1 April 2005 which ts referred to In the extant regulations b(rt has now been Athdrawn. l under5tsnd that this has bèén done in order fr)r the ffnancial siatements to provide a true and fr vi8w in acLxJrdance UK Gen&r8lly Acc8plgd A0tIng PracU¢e. I hav• coryleted my examlnathjn. I confimi lJ)at Th) rngllers hav8 (xxnè lo my attenti in wnngction th the 8xaminalion giving mo use to belleve that In any material resFwt accounting r8(x*d$ were not kept In rèspècl of th8 ctrkaTity as reqUIr by Sec1[ 130 of the Chariti8sAct 2011. 2 the finanoal slalemants do not accord wAh those re(ts. or 3 the financlal statements do rnt ccwty vmth the appl9 r8quiToThnts concaming the form and rnnlent of nanaal statements sel out in thè Charft¢&s IA(xounts and Reports) RegulaOons 2(K)8 other than any requlrernenl that the finandal statements give a tru8 and lair whh Is not a matter consIded as part of an Independent gxamlnation. I havg no (x)ntsms and have come acTOSS no olher mattets in wlth the examination to which altention shouhg be dravm In this report (krder to enab o tv uThJerstaThJirKJ of Ihe finaticlal statemants to reachad. Susan Glllbard for and on behalf of Prydts Accounts Llmltod Chart•red Accountants ?.CLLI Prydls Accounts Llmltad Thè Parade Ll$ke8rd Comwall PL14 6AF
LISKEARD LIONS CLUB CIO STATEMENT OF FINANCIAL ACTMTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2025 Unre6trfcted Re8tTlcted funds funds 2026 2026 Totsl Total 2026 2D24 ncome and en(lovmie Dwalions and lega¢ies Charit&W8 8Ctivili8S other tradlng activities Investments Other inccme tsfrom". 20 7.642 120 200,0( 200,020 7,642 120 649 24,865 24,865 Total In¢omg 32,647 200,649 233,296 Ch8rll8tAe advitles 6.704 6,704 Other 12 3,358 Total axpendltu 10,062 10,062 Npt InGomp for the yearl Net movomeni In fund6 22.585 200,649 223.234 Fund balancos at 1 Juty 2024 Fund tsalanc at 30 June 2025 22,5B5 200,649 223.234 The 8t8tement of finandal 8c,Mbes thes 1 n8 •d bjsses InISed in Ihe year. Nl incom& 8nd expenditure dèrive from ¢onbnuing acvi1188.
LISKEARD LIONS CLUB CIO BALANCE SHEET AS AT 30 JUNE 2025 2025 2024 Notes Flxed assots Tangiue assets 14 4.725 Cumnl assets Debtors Cash at bank and in hand 15 751 219.258 220.009 cdOIs. 8mounts falllng duethI one year 16 (1.5rpJ) Net ojrrent assets 218.509 Total agsets less current118bllftles 223.234 Income funds Restricted fiJnds Unrestricted lunds 2.849 22.585 223,234 The finana atements were apwovgj by the Trustees on Mr StU8rt Houg Tru8t8B on Mr Truots? Symonds IArAllan M Trustse
LISKEARD LIONS CLUB CIO NOTES TO THE FWANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 Accguntlng ppMcl98 Ch4ffty Inform¥tlon Lisk&ard Lions Club CIO is a Ch8rit8ble InttLYporated OrganiSati)I12Oss34I that wa5 registered In England and W4es on 0110112022 totake foThvard the wNk the uninG&watsd Char'ty numb8r12S08&31. 1.1 Accountlng conyenllon The financ4al siatement3 have keen prepared in sccr4d9n wth the charty% yemlng dDcumem, the Ch3rttl8s Aot 2011, FRS 102 Fln9nci81 Repng Str8rd apICable in the UK and Republlc of Ireland" and Ihe Chaiities SORP 'Ac(x)unting and REPOrtiro by Chartties". StalemEnl of ReDynmend2d Practice appliGatrAe lo chanle8 pr4)aring their accounls in acuxdarKe •th the Financial Reporkn'ng Standard applic8lle in the UK and Rewblic of Irdand IFRS 102)°. The thlty is a PulAic Benefft Enoty as defined by FRS 102. The tharity hgs tsken a(fv8nt8ge of the FYo¥isis in the SORP fty tharfues not to wep8re a 8talemenl of cash flows. The finandal statsmeFbts have departed frtyn Ehe Chthes (AGctyJr%ts aFKI Repcl Reguktic8 2008 only to the extent required to proinde 8 true armj fair vlew. This departure has inv{ed folowng the Statèment of Recommended Practice for ch¥rties ap[ng FRS 102 ralher thay the version of the Slalement of Recornmendetl Pradce which is Teferred to in Ihe Regulaljons but which has since begn wthdravm. The fjnanclal slatsments are wepared in sterbng. vA4th1s the funclion4 CncY ol thè tharfty. Monetsry arnrts in these finanual ststements are rOded to the nearest Tha ffinancial statem8nls havts bg8n prepw8iJ under the hisicrfical (#)nV8ntil, Imodfied to Irlude th8 revutiOn of freehokl prowttes and to indude investrn&)t prc4)1iés and trArtaln fin8ncAal insbuments at fair vduel. The winapal 8nting pdiues adoptod arè set bew. 1.2 Golng concern Al thé time of 8FqYovlng the Itnano4 statwnenls, the trustsos have a EcaLle expect"Jn that the ¢harrty has adequate resources tt) conttnue in operaticnal eYiSten for the foreseÈablE future. Thus the ItU5tee8 ¢crtt&nu¢ lo adupt the goiny (JJnGem bosis Df aLKounbng prepanng the finanual ststements. 1.3 Charltsble funds Unrestricted lunds are avwlèble lor UBe ai Ihe of tho tru8t888 li lurtherance of thdr chtable oty'ecttve8. Restrirted are subiefl to efiC c4nrfrtions by drffiDYS as to they may used. The purp08e8 and u8e8 of the resirictexl funds ore set QLrt in the notes to the finanLial statements. Endowment funds subJELI to SFectk con(fitions by dty)ors thal the C<al musl be maintslned by the Chaty. 1.4 Income Income is recogni$ed when Ihe tharity is legalty to it after any perftjmiance condidons have been m, the aMnts rAn be measured reiiabty, and it is proboble that Inccthe 1[ be received. Cash Cati$ are recognised recapL oter donatic)s 8re reccsnised cv.ce the thanly has been notified of the donatlon, unkss perfom)an¢e condits"on$ require deferral of the amount. Inccffl6 tax recoverabie In rdation io daon8 reGe1V under GtftA'd or deeds ofcDYenant is rocogni88d at time of Ihe donation. Lggacies are reGogni$ed on Teceipt Cr ctheryise rf the tharity has bean notified Df 8n impending dlstribution, the amount is kncAw, armj receipt is expeced. If the amwnt K% not known, the legacy 1$ treated a6 coniingent asset.
LISKEARD LIONS CLUB CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Accountlng pollcles Icontlnued) 1.5 ExpendltUTe ExpendiluTe18 recogni8ed once tliere 18 8 legal or constructive obligatiun lo transfer economic benefrt lo a third party, li is probable that a transfer of economic b18 will be required In settlemenl, and the amounl of thè cblkJ8tiOn C8n b8 Measurod reliebly. Expenditure 18 ¢981fied by acthvity. Th¢ costs of e8ch activlty ar8 made up Df the total of diretl costs and shared costs, Includlng SLJPPOrt costs involved In undertaking eath activity. Direct costs attrikmrtable to a singl aclivity are allocated direcaty lo that acthvity. Shared costs contrlbLJte to moro than one aCtity and support costs which are not 8ttribulable to 8 singk activlty are apportiDned between those aCtitieS on a basi$ nsislenl vAlh the use of resources. Central staff coats Are alloG4ted the basis of time spent, and depredallon tharge8 ar8 8Uocated on the portlon of th8 a88et'6 use. 1.6 Tanglble flxed a888ts Tangible fixed assets are Inltially measured at C05t an¢J SUCendY rreasured at G05t cf Vation, net of d8Pfe(a&tion and any irnpalmient losse& DèpredaJon SA r8cogni88d Bo 8S to wrfte off the cDst or Valuati of assets le&8 their resSdual value$ ovar Ihflr useful lives on the followlng bases.. PnI and equiwiEnt 10% reduclng balance The galii or loss arlsing on the dlsposal of an asset is dalemiin8d 8S th8 diff8nce Iht 8ale procaeds 8nd th• carrying value of the assot, and is rocognised In the statement ol financial artivibes. 1,7 Impalmi?nt of flxed assots At earh repDrNng end dale, the tharfty ree6 the cffjing arnounts of Its tangblo a8S@Is to determlne whether there is any indicalon that those assets hav8 suffér8d an Impalmienl loss. If any Such Indlcatlon èxlsts, thè recov8r8ble amount of the 8s88t Is 88timaled In order to delemiine the ekt8nt of the impalrm8nl IOES lif any). l.B Cash and Gash equlvalents Cash and cash equivah3nl8 indude cath in hand, deposits h91d at call Imth Inks, Other short4erm liquid investments wth original maturities of three months or ks8, 8nd bank Dverdrafts. Bank overdrafts are shown wthln bLwrowing$ in currf>iil liabiliti&8. 1.9 Flnan¢lal Instruments The charity h88 8lecl¢d to apply th8 provi8ion$ of Sectign 11 'Bo¢ Financial Instrument¥, ènd S¢ction 12 'other Flnanclal Instruments Is8ue8' Df FRS 102 10 811 of its flnanck91 Instrumtsnls. FinanrAal Inslrumerrts are mcogni8ed In the charittys balance sheet whwn Ihg Charity beccmes party to the conlrBctU81 provisions of the inBlrument. Flnandal a888t8 and Ilablllde8 are offset, ¥th the net amountB prèsentèd In the fin8nclal 81atements, vthen Ire is a l¢galy enft)rceable right to sel off Ihe recogni$ed smounls and there is an Intention to settle on a net ba$ or to reallse the asset and setue the Il*Jlllty simultaneousty. Ba51c flnanclal assets Basic ffnancial assets. whith indude dgblors and cash and bank ba18nca8, arè Initially measured at transaction price induding tran$8ction costs and ar? wb8equently carried at amortsse(I c08t U8ing the effective irterest rnelhod unlass th8 arrangement constibjles a financing transarlion, kthere the transaction is measured al the present value of Ihe fulure receip15 discounted at a market rate of interest. Finandal assets dassified as receivable within one year are not 8morti8ed.
LISKEARD LIONS CLUB CIO NOTES TO THE FWANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Charltable acllvltles Charitable •ctlvltle 2025 2024 Catering income 'ngo Carnkval Pontornlm8 night 3,447 2,718 432 624 423 7,642 Other trnd1 acllvltles Unrnstrl¢t#d fund¥ Total 2Q2S 2024 Merntfrshlp wbsL7iPtions 120 Investmonts Rpstslctèd fund5 T(knl 2026 2024 Interest recelvablB Other Income UnrestriEted funds Tctal 2025 2024 A&8ets transferred 24,865 10-
LISKEARD LIONS CLUB CIO NOTES TO THE FNANCIAL STATEIiIENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 Charltablo acllvlt195 Charltab actlvltl•s 2026 2024 Depreciation and Catering cr) Bingo costs Carnival costs Pantomlme ex)stG Qulz nlght Flre%wJrk8 event 525 1,253 1,957 726 457 180 126 5,204 1.5DO Share of gcNemance ccets (see note 9) 6,704 Support costs Support Govemanc costs 2026port tA)8ts Governance 2024 h£countsn¢y 1.500 1,$00 1,50D 1,$00 knalysed bets Fundrain9 1,500 10 Tnt None of Ihe tnJsle•s (or any rsOn8 (x)nnerted lth them) receW any roMwr8lI0n ben8fl15 from the ¢har'ty durfng Iht ycar. 11 Employaas The av8rag8 mty wmber cl emrloyees the year 2025 Numbor 2024 Numbr Total There were no employaos annL*I remunerabcfi was more £60,000. 11
LISKEARD LIONS CLUB CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 12 Othér Unrestrict1 funds Tcl81 2025 2024 Chaiitable donations made Other Expendilufe 1,728 1,630 3,358 IS Taxatlon The Is exempt frc¥n taXatt bause an its ITKIe Is ar4Iied for tharEtable putpose8. 14 Tonglble tsod 6 Phrt•nd equlpmont Cost Addrtlon5 5.250 AI 30 June 2025 5.250 Dgprnclatlon and irnpairn1gnt Depreciauon dryed in Ihe ye8r 525 At 30 Jun• 2D25 525 Carrylng amount Al 30 June 2025 4,725 5 Debio•B 2025 2024 Amounts falling due 7th1n one year. Prepayments and accrued income 751 16 Credltors: amounts falilng due vAthln one year 2026 2024 Acttuals and defeffed income 1,500 12-
LISKEARD LIONS CLUB CIO NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025 17 Anatysls of nat aGB•ts b•twÈ•n lund5 Unrestrfcted R•strlrtad funds fundB 2025 2026 Total Tot81 2025 2024 Fund b818nces at 30 JunE 25 are represenled TawiblB assets Curreni assetsl(1ifth5} 4.725 17,860 4,725 218,509 2C(J,649 22,585 200,849 223,234 18 Rolatsd party tranBactlons There were no dI8dD8ab rdaled pwtytransathr3 during year. 13-