Charity number: 213651
LINCOLN MUNICIPAL REUEF IN NEED CHARITY
UNAUDrrED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2024

UNCOLN MUNICIPAL REUEF IN NEED CHARrrY
CO￿E￿rS
Page
Reference and Administrdtive Details of thè Charity. its TTUStees and Advisas
Trustees. Report
Independent Examlnerfs Report
Statement of Financi41 Activiltes
Balance Sheet
10
Notes to the Financial Statements

UNCOLN MUNICIPAL RELEF IN NEED CHARrrf
REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARrrY. Irs TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 25 MARCH 2024
Councillor Hewtson, N¢m)inali4e Trustee
Councilkir Bushell, Nominative TTUStee Ires*3ned 21 May 2024)
J R Hansard. Chair of TTUSt*s IC{￿}
V Cohen. Cw*rative Trustee
P VaL¢ghan. C(wratsve Truslee
J Kendall. c(￿)￿ratiVe Trustee
J E DKkinson. Ctr(watNe Tfustee
E Denby, C￿perat￿e Trustee 13 JurE 2023)
Counallor McNulty. Nffliinative Trustee (reswJned 21 May 2024)
Councillor Bean. ￿￿natE￿ Trustee (appointuj 21 May 20241
Councilloi Piiichard, NominatNe Trustee (aFyoinlgJ 21 May 20241
E Harding (apF¥￿￿t￿ 6 2023)
Charity rggistered number
213651
Principal of
PO Box 1291
Lirwln
LN5 5RA
Independent Examiner
Linda LO￿ Bsc FCA TEP
Streets LLP
Tower House
Lucy T(Mer Street
Lincoln
LN1 1XW
Bankers
HSBC PLC
stonetthv Branch
221 High Street
L￿r￿In
LNI ITS
Pag8 1

UNCOLN MUNICIPAL REUEF IN NEED CHARITY
STATEIIIENf OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 25 MARCH 2024
Un￿StrIcted
funds
2024
Total
funds
2024
Tofal
funds
2023
Income from:
Donatsons and legac￿8."
Transfer from Lincdn Genernl t*s￿Sary Furxl
Inves1ments
369A31
47.589
369.431
47.589
42.OTO
Total incomo
417.020
417.020
42070
Expenditure on:
Raising funds
Chantable arAivt
4,516
42.478
4.516
42.478
3,816
39.774
Total expenditure
43.590
Net ineomel{expenditurn) before net gainsl(k>sses)
on investments
Net gainslllc6ses) on investsnents
370.026
370,026
49.292
(1,520)
(60,283)
Not movement in funds
419.318
419A18
(61.803)
Reconciliation of funds-
Totsl funds brought forward
Net movement in funds
2.407.477
419.318
2A07A77
419.318
2.469.280
(61,803)
Total funds carried forward
1826.795
2.826.PJ5
2.407,477
The Statement of Financial Acbvibes all gaEns aml los￿ r￿nISed in the year.
The notes on pages 11 to 18 fomi part (rf these finaTMia statwnents.
Page 9

UNCOLN MUNtCIPAL REUEF IN NEED CHARirf
BALANCE SHEEr
AS AT 25 MARCH 2024 '"
2024
2023
Fixed assets
IrNestments
Investrnent propety
787,539
1000.000
369,259
2.000,000
1787,539
2,369.259
Debtors
Cash at bank and in hand
10
4,866
39.603
2.491
40,390
42.881
Cr￿litors. amounts fairing due wrthin one
11
(5,213)
(4.663)
Not current assets
38,218
Total assets less current liabilities
2,826.795
2,407,477
Net assets Excluding pension asset
2.826.795
2.407.477
Total net assets
2.826.795
2.407,477
Charity fund8
12
UnrestTfted fuThYs
12
1826.795
2.407,477
Total funds
2.826.795
2,407.477
The financBI statements were approved and authorised for issue by the Trustees on 04 December 2024 and
S•3ned on their behalf by.
J R Hansard
(Chair of Trustees)
The notes on pages 11 to 18 furm part of th8se finaTwI stalements
Page 10

UNCOLN MUNICIPAL RELIEF IN NEED CHARtrY
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 25 MARCH 2024
Generdl InfOn￿lon
As set out in the Tnjstee's rewrL Lincdn MunicFpal Reiief in Need Charity is an unin(xJrporated
regtstered charty"n Engfand & Wa￿. The pmcip81 offK* of the charity is PO Box 1291. Lincoln. LN5
5RA. These financial slatwnents have I￿n prepared in sterlwy. which 19 the funcknDal uJrrency of the
enth'ty.
The principal obj'ective of chanty is to generate income frcmn the assets ot the Chanty's fund5
and appty that Inc￿ princp311y to reaeve ￿t(knts of the City of Lincoln ar￿ North Hykeham WIK) are in
conditrons of need. harrlshp and distress.
Accounttng policies
21 Basis of prepardtI(￿ of financial slataments
The financBI statements have rryar&Y n aC£Ordan￿ with the Charthes SORP (FRS 1021-
Ac£ounting and Re￿rh.ng ty Charities.. Ststanent of Re(xmmended Practice awlicable to chariti"e5
preparing their accnunfs in acC￿rda￿ wth the Financial Rewfb"ThJ StarKlard apF￿ICab1e In the UK
and Repub￿ of Ireland {FRS 11Y2) (efferthE 1 January 20151. the Financ¢al Reporbng Standard
applicable in the UK and Repubk of IrelaThJ {FRS 102) arKI the char￿e$ Ad 2011.
Charittes {Acwunts and Re[￿ls) R￿￿latIonS 2008 only to the extent required to prowde a 'lrue
and fai¢ view. Thts departure has inw)Ived foliowng the Charittes SORP {FRS 102) published on 16
Juty 2014 rather than the Accounting RerKJrb"ng by CharFties." Ststement of Recommended
Lincoln MUnia￿l RdEf m Need Ctr￿nty m* the definilM)n of a public LEnefft entr'ty under FRS
102. Assels and liakn"hties are initially raxKJnl￿l at hi5tortcal or knsaction value unless
otheEwise stated in the releyant a(xountiro wjlicy.
22 Incomo
AJI in￿rne is recconised On￿ the chwty has entttkment to the 1￿C￿ne, rt is probable Ihat the
In(X￿ w81 be received arKI the amount of irrnme recwabk can be measured reliably.
Income tax recoveraAe in relalk)n to irfyestment irthne is raxwis&l at thè tTrne th8 inv8Stment
income is r￿[vable.

LINCOLN IAUNICIPAL RELIEF IN NEED CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 l•lARCH 2024
Accounting policies (continued)
13 Exp•nditur8
Expend[lu￿ is rWnJs￿1 or￿e there is a constructive oblFgalJ'on lo transfer economic
benefft to a third paty. it is wobable that a transfer of economFC Eenefils will be rEquired in
settlement and the amount of the objigation Izn be measured reliabty. Expendibjre is classified by
acbvity. The casts of eath a¢￿￿ are up ￿ the total of direct cosls and shared costs,
indudin9 SUWX)rt costs ￿￿1ved In untsrtaking each acbvtiy. Direct costs attrt'butable to a single
actsvity are alhx*d directy to that activty. Shared costs which conknbute to more than one ath.vty
and support (x)sts which are ￿t attributable to a single activty are aprK)rtKJned behyeen those
actrwbes on a basis consistent with the U￿ of reS￿r￿. Central staff costs are alk)cated on the
basis of tune S[￿( th ￿￿)r￿￿tiOn charges alkXz￿￿ on the port]"on of the assevs use.
ExFerKMure (m rasing funds W￿udeS 8i1 eX￿￿llUre irairre(I by the ch8tity to raise funds for its
charitable pury)oses and induts costs of all fundraL4TrJ &tivJti'es events and non-chaiilable trading.
chariVs 014￿hNES. as well as any assooaed support costs.
All exper￿llUre is irvjusr￿ of wrecoverth VAT.
14 Interest rEcer¥able
Irfte￿t on funds held on deposil is incFuded when receivable and the amount can be measured
re1[ab￿ by Ihe chaFty, this is norrnalty utxm nobfr*ion of the interest paid or payable by the
InstituthJn wtth thom the funds ￿e dewS1t￿l.
15 Investments
Ftxed asset In*Stm￿ * a f(Km of fina￿la1 inslwM￿t and are initslty recognised at their
transacbon cost and sut6Cfwerty measured at frdir walue at the Balance Shet date, unless the
value rannot be measured relrabty in whith case it i8 measured at Cost less Trnpaimierrt. Investment
gains and bsses, whethw real￿￿ or unrealised, aJE combined and Presen￿ as 'GaIn￿{LoSSeS}
on investrnents. In the Ststemem (rf Financial ￿£t1￿tIes.
2.6 Deblo
Prq)ayments ￿e valu￿1 at the amount prepaid net of any trade dis(x)unts due.
2.7 Cash at bank and in hand
Cash 8t bank in harKI inchjdes cash arKI short-temi highty liquid investrnents with a short
malunty of three months rx jess fr(xn the date of aCquL%lt￿n or opening ()f the dery)sit or simllar
amnt
Page 12

UNCOLN MUNICIPAL IN NEED CHARTrY
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 25 MARCH 2024
Accounting polKiBS (continued)
2A Ltabilities and provlsions
atmlibes are wnised whèn there ts an at the Ba13r)ce Sheet date as a resutt of a past
event. tt is probabte that a transfer of 8J)ncxnic I￿)efft YAI ￿QuIred in setlJ*nent. aThl the
amount ofthe settlement C2n be estwnated re[l￿ty.
Liabilrti&% are reugnwd at the ￿0V￿t that the charrty antr¥Ates rt will pay to sdlle the debt or Ihe
amount it has receNed as a(fvanc&J pa￿tent5 for the or ser￿￿eS it must FThKIe.
PTovisions are measur￿1 at the tEst estimate of the 8mounts wired to settle the Obl￿ation. Where
the ellect of the time value of money is Mater￿1, the provisi￿ is bawl on the present value of those
amourts. (thscounted at the pre-tax thscount rate thal reflects the risks $￿tIfiC to the Itability. The
un7Mnding of the discourrt ts in the Statement of Financial A(*vities as a finance cost
2.9 Financial instruments
The chanty onty has financHI assets and f￿anCIal liabilibes of a kind that qualrfy as basiG financial
instrumerts. Bas￿ fmanctal mslwments we Initial￿ recconised at transacknn value and
subsequenlly measunl at their Settl￿ne￿ value wrth the exception of bank toans whith ale
110 Fuml accounting
General funds are unrestrK*ed funds are 8rdi￿le for use at the dÈscretiw of the Trusths in
purpoxs.
Inveslment inrAXll< gaw6 arKI ￿￿seS are elkJ(xt&l to the apprcpriate fund.
Income from donations and legacias
Toial
funds
Tofal
fiinds
2023
funds
2024
Donations
369.431
369N31
The trustees of Li￿>1￿ Generdl Diswsary (register￿1 charily numLEr 220159). a charty with
overtapping aims and di&iNes. resolwj to transfer the assets and IBbfirt￿ of the charity to Lincoln
Muniapal Rel¢ef in Need Charity in order to best further the resources of the charity and &hieve public
benef￿ The transfer has ￿en tiicjuded on the basts of the as* arKJ 1otrAilies at 8 2023. the
date that the Charity Commis5KJn resoSutK)n ￿￿J.
Page 13

UNCOLN MUNICIPAL REUEF IN NEED CHARITY
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 25 MARCH 2024
Inve8th￿nt income
Total
funds
2024
Total
fvnds
2023
funds
2024
Brewin Dolthm Investrnent Inwne
Line SKJe Fami
Birkholme Farrns
K&HPStrude
Wayleaves
Bank Interest
14,989
4.750
27.0(Xl
12
14.989
4,750
10,035
4, 750
27.000
12
12
116
116
722
116
t57
Tolal 2024
47.589
47.589
42.070
Unrestricled
funds
2024
Totsl
funds
rotal
funds
2023
Investment m￿ger￿ent fees
4.516
4.516
3.816
Anatysts of expgnditure on tharilable *ivib¢s
Sununary by fund type
Unrestricted
funds
2024
Total
2024
Total
2023
Direct costs
42,478
42A78
39. 774
Total 2023
39,774
39.n4
Page 14

LThICOLN MUNICIPAL RELIEF IN NEED CHAMrf
NOTES TO THE FINANCIAL STATEIAENTS
FOR THE YEAR ENDED 25 IAARCH 2024
DurÉng the yEar. Tnjstees retxi%BJ remuneratK>n or (ther 12023. £NIU.
During erKlgJ 25 March 2024. no Tntstee ex[￿)SeS ha* i￿￿Tred (21r23. £NIL}.
Freehold
investment
property
Valuation
At 26 Marth 21Y23
2.000.ODO
2.000.01)O
Al 25 Manth 2￿4
The property vrds fomTrty reRltd in 2019 by Jas. Atsrttn & Co. The wauati￿$ wwe m* on an o￿n
matket basis for e￿5b'ng use. The Injstees c(xw(kr the vathlion of the pr(wty remains appr(wnate.
Fixed asset Investments
Unlisted
investments
Cost or valuation
At 26 Mari* 2023
Addit￿n$
369.259
458.841
(87.678)
47.117
DisrK)sals
Revaluations
787,539
At 25 Marth 2024
Net book valuo
787,539
At 25 2024
369.259
At 25 2023

UNCOLN MUNICIPAL RELIEF IN NEED CHARITY
NOTES TO THE FINANCIAL sTATEhIED￿s
FOR THE YEAR ENDED 25 MARCH 2024
13. Summary of funds
Summary of funds. current year
Balance at
26 March
2023
Balance at
25 March
2024
Galn
(Los5es}
Income Expenditure
General fvnds
1407.4TI
417,020
(46.994)
49.292
2,826.795
Summary of fvnds - priory
Balan￿ al
26 March
2022
Balan￿ al
25 March
2023
Gain
lrn ExpQndkn￿ (Lo￿S)
General funds
2,469.280
42,070
(43,590)
(60.283) 2,407,477
14. Analysis of net assets beiween funts
Anatysts of net assets bètween funds. curnnt peiiod
Unygstricted
funds
2024
Total
funds
2024
Fixed asset invesbmerts
Invesknent property
Current a&%ets
Creditors due wthin one Jpar
787,539
2,(XJO.000
44.469
(5.213)
787,539
2.OlXI,000
44.469
152131
Total
2.826.795
1826.795
Page 17

UNCOLN MUNICIPAL REUEF IN NEED CHARrrY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EI4DED 25 MARCH 2024
14. Anatysis of net assets between fvnds (Continued)
Analysi8 of net assets batweon funds . prior Deriod
Un￿$tr￿led
ds
2023
Totsl
funds
2023
Fixed asset inves)Ynents
Investment propety
Current assets
Crwjilors due within one year
369,259
369.259
2,OCKI,0￿ 2,000.000
42881
42,881
(4.663)
(4,663)
Total
2.407.477
2.407.477
15. Related party transactlons
The truste&s resoFNEd to transfer the assets and fHbifities Lincoln General DispeTrsary to Lincoln
Muni(ipal Relief in N•Y Chartty This transfer bYa5 en*ed 8th Oecembei 2023. Victoria Cohen is a
mulual trustee.
The chariiy has ￿t￿ed into anyother rela￿1 paty transxtw)n during the year.
Page 18

UNCOLN MUNICIPAL R&IEF IN NEED CHARITY
INDEPENDE1￿ EXAMINER'S REPORT
FOR THE YEAR ENDED 25 MARCH 2024
Indep￿¢￿￿ Examinefs Rtyort to the Trustees of Ltncoln Municipal Relief in Need Charity Ilhe
charity)
I report to the charity Trust￿ on my exJninat￿ of the occounts of charity for the year ended 25 March
2024.
ReSpO￿lbIlItieS and Basis of R0POrt
As the Trustees of the cha¥rty you are res[x)nS￿le for the preparth of the acctsjnts in xcordance with the
requrements of the Chanties Act 2011 IIIE 2011 *d}.
I report in resw of my examination of the ctsntjls axounts carried out under section 145 of the 2011 Act and
in cat￿ng cart my examination I have fc4kyw&l the ap￿￿￿ble DI￿10n$ given by the Charity Commission under
145(5Xb) of the 2011 Aci
Page 6

UNCOLN MUNICIPAL RELIEF IN NEED CHARtff
IND&VENDENT EKAMINER'S REPORT (coKllNUED)
FOR THE YEAR ENDED 25 MARCH 2024
Indep8ndent Examlnerfs Statement
Since the chartys gross income exceed￿1 £250,￿￿1 your examiner must L* a Member of a tx)dy list￿￿ in
seCt￿n 145 of the 2011 Ad. I confirni that l am qualrfth to undertake Ihe examination b￿uSe l am a memfrRr
of {enter body here), whth is one of Ihe ltsted
Your attention is to Ihe fxt thatts d￿rIty wepard the *￿unts in acc£)rthn￿ with Accounb"ng and
Reporting by Chartlies". Statement of Rec(xnmended Pr¥tLe to chaTthes preparing their accounts in
aC￿rdance with ￿ Financial Reports"ng slanda￿ app[￿jIe in the UK and Republic of Ireland (FRS 102) in
preference to the Accounting and Repotb"TwJ by char￿e5." Statement of R￿￿mended PTactrE issued on I
April 2005 whth is referred to in the eknnt Tegulations bui has been wrthdrawn.
l understand that this has ￿en done in order forlhe axounts to provick a true and fair view in accordan￿ with
the Generally Ac£epled Accounbw Pr￿1￿ eff*i¥e for TeFMlrtirwJ twicds beginTring Im or after 1 January
2015.
I have completed my examinatm. I corffiffti Ihat no matters have crme to my attetilion in I))nneCt￿)n wtth the
examinatson gluing me cause to belie*4e that in maierial re¥wt
accwnting re(￿d$ were not keFrt in resrwi of Ihe ctwity as required by wtwjn 130 of the 2011 Act". or
the ￿COUnts do not comply the applh*le Tequirynents conceming the f{￿ and content of
aGcounts set out in Ihe Charlbes (Acrx)unts and R4Krts) R￿jU￿1]￿S 2008 other than any requirement
that the acC￿Ents give a Yrue and fairf view whith is not a matter consmlered as part of an indepeTtdent
exaninthon
I have no conceffG and have u)me acTOSS rn dher mallers in conn&*n with the examinat￿ to which
attent￿￿ should be drawn thi5 report in ot(*r to en8bie a woper unckntanding of the accounts tD be
react￿1.
Page 7

UNCOLN MUNICIPAL REUEF IN NEED CHARiff
INDEPENDENT EXAAIINER'S REPORT {CONTINUED}
FOR THE YEAR ENDED 25 MARCH 2024
This rep)rt FS made sdety to the charrtYs Tntstees, as a body. tn ￿COrdanCe wilh Part 4 of the Charities
(A￿Unts and Reports) RegU[al￿ES 2008. My work has been undertaken so that I might stale to the charitys
Trustees those matters l am required to state to them in an IrM*￿￿ent Examinerfs Report and for no other
purpose. To the fullest extent pemiitted by law, I Ik) not ac(¥)t ￿ &wJme respons￿11￿ to anyone other than
the charity and Ihe charrws Twstees as a LKxty. for my w)rk or this report.
tTraEetr. 4 D￿ember 2024
Linda Lord Bsc BFP FCA TEP
Streets LLP
Tower House
Lucy Tower Street
Lincol
LN11XW
Page 8

Charity number: 213651
LINCOLN MUNICIPAL RELIEF IN NEED CHARITY
UNAUtXTED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 MARCH 2024

UNCOLN IIIUNICIPAL RELIEF IN NEED CHARir
CoNTE￿s
Reference and Admlnistrative Details of tha Charty. ils Tn￿teeS and Adviser
Trustees. Report
Independent Examinerfs Report
Statement of Financial Activiti8S
Balance Sheet
Note5 to the Financial Statements
Page
10

UNCOLN MUNICIPAL RELIEF IN NEED CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 25 MARCH 2024
The Trustees present their annual rewrt t(NJether with the financHI statements of the charty for the pertod 28
March 2023 to 25 March 2024.
Objectives and activittes
a. Policies and objectives
To generate fr(xn the assets (fj the Ch8rtys funds arvj Ihen 4)pty that income principally to relieve
resxaerrts of the Cty of Lincoln who are in wndtlKms of ne￿￿, hardshp and dFslress.
In setting objectives al￿ ￿nn￿1V3 for thibes. Ihe T￿￿ have gi￿ due &)nsJderalion to generdl guidance
wblished by the Charity C(Mnml&sic￿ r*ting to benefit. 5ncluding the guidance'Public benefit runnir¢g a
charity {P82)'.
b. Alain a¢t1vi￿ undortaken to furtherthe charity% pur￿$8$ forthe public benefft
The TTUStees u* the seT4W of the Slock Brc*ers BtvAin twiin to d)18in the best retum on the Investments
for caprtal growth and income. They akn use Jas MaTb'n and Co. Land Agents to ensure the best rental return
tin the famis. The Trustees ty to ensJJre that all possÉbJe FTKxJme is dEstrlbuted by way ofgrants to the public
who are in need. The Tnjstees have regar(1 to tt]e Charity Commissh)n's guldance on public benefEL
The trustees of Lincoln General Dispensary (r￿jthred chanty number 220159). a charity with overlapping aims
and ot¥ectr¥es. resofved lo transfer the assets ar￿ 1obih.bes of charty to Lincoln Municipal Relief in Need
ChaTFty in order to best further the ￿80￿r￿s of the chaTrty and achieve publ￿ benefit. The transfer has been
induded on the ￿S1$ of the assets and liablÈbes at 8 December 2023. the date that the Charity Commission
strategi¢ report
A¢hievements and perfomwice
a. Main aOhieven￿Trts of the charity
The Charity achieves its onfy purtw i.e. to distribule irKJ)me by Wdy of grants to the publr who are in need.
Financial review
a. Going ¢oncern
After making approprrate enquiries, the Trust&s habe a reasonab￿ expectalion Ihat the charity has adequate
reSoU￿S lo continue in operational existen￿ for the f[￿tsIe futufe. For thr3 reason. they continue to adopt
the going concem b3sis in prepanng the financial statemerts. Further details regarding the adoption of the
going concem basis Ixn be found in the W￿ntIng polw.
Page 2

LINCOLN MUNICIPAL RELIEF IN NEED CHARITY
TRUSTEES. REPORT (COTr￿lmuED)
FOR THE YEAR ENDED 25 MARCH 2024
b. Reserves policy
The levels of reserves of the charity are maintained arNJ fluctu*e aca)Tdlng to the maket v*ue of the
investments. A subslanti81 part of the in(J)me ofthe chanty is InNEstment Income and rent81 income wh
necessrtates such a level of reseT¥e.
The Trustees revie•4 Ihe level of wrves held by the dBTity at regukn irttewals. Grants are made onw"
aC£Ordan￿ with avallabte ftJn¢ts. The r￿j runniru ¢Thts of the charty are extremety low and as a result the
charity coukl fijnction wlth free reseFves i)f just £5,1￿0. Twstees conslder the amount of reseryes held at the
year end (unrestricted funds amounliro to £2.826.795. of £ZtKKI,ON) is hehj in invesknent propeTty) to
meet the requffements of the d￿rty.
¢. Material investm￿ts policy
Brewn Doiphln. sts)ekbrokeT5 provkle fyvice-yty of dwws [rNeStr￿ts 8nd thise the
Trust*s at their ni￿tiftg ot ary change in those investrnents whth they think 2PFKoprfate. The Twstees have
op￿1 to use Brewti Dolphin's DiscretKThI In￿ent Ser¥us.
structure. governance and managwr*nt
. Constiiutlon
Lincoln Municpal RelEf fft N*d Ch*4 ts a regtstsrfl (tsity. number 213651. and is constituted under a
Charty Commission SKheme.
b. Methods of apw>inlm&rt or electw)n of Tntstees
The management of the chartty is the tespxtskn'fity of ￿ Truths are elthj and cTropted under the
terms ofthe Charity CommissKJn
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UNCOLN MUNICIPAL RELIEF IN NEED CHARTrY
TRUSTEES REPORT (CONTINUED>
FOR THE YEAR ENDED 25 IAARCH 2024
strUC￿re? governance and management (contlnued)
Organisational structure and deciston-making poltcie8
The registered offfce and names ar￿ a(klress of NAfvtsers are set out on the wevlous page duriryJ the year
under ieview. as a￿ the tnjstees.
The body of trustees o)nslsts wl)en ￿nplete of ￿"r￿j three nlxninative trust￿ and seven Co-
operauve trustees. Nominative trustees are ar¥JoIn￿j by the counol of the City of kn"ncoln for a temi ol four
years. The peison appointed may or may Th)t be a memt*r of Ihe cthncil. Cr￿perat￿e trustees are persons.
who through residen￿ (xLuWion or emplo￿nent have speual knO￿ledge of the Crty of Linwln. They are
appointed by a resolutton of the trusl*s pa&wJ at a spec￿1 meetlThJ of which not Jess than twenty seven days
nolice has been given. The term of offKe of cwrative trustees is at the disueb.on of the Council.
The Trustees dumg the were
Nomlnative Tr￿SteeS
Councillor Hewson
Councillor Bushell {uth"121* May 2024)
Councillor McNulty (until 21st May 21Y24}
Appli¢afw)ns are accepbJ in a de$vjna￿ form bythe c￿[k who has auttwity from ￿ Twstees to make
grants of up to £300 in any case or up to £500 Trmth the Chaimian's approval. Donations in excess of £500 are
approved at a full Trustees, rneets.ng prior to being pald. D￿"s1)nS are raltfEd * the next Quartejly meeb'ng of
the Trustees. The Tn￿leeS rdy ijpon their st￿k1￿Okers for aknce Investrnent frrKn whom they reCe￿e
regular reports.The Charity dcw not elig￿ in fvndra&sing.
d. POr￿leS adopted forthe Induction and training of Tntsteos
The clerk sends to eath nw Trustee a LYW ofthe *xoJnts. Ihe Chanty Scheme, the new sheet and the
applicatron form for grants. Those dccuments u)ntaln all the relewant informatK)n for the working of the Charity
and fhe clerk will assist with any px)ints ckriftr2kn. The clerk wktes Trust￿ from time to trme
on ne•V I￿lsIatiOn and new practw.
e. Flnancial risk management
The Trustees have assessed the major tBks to the chaity Js exFosed, in pathJJlar tIK)se reI*ed to the
operations and finan￿ of the chanty. and are SatES￿ that s5St￿n$ and I¥L￿dureS are in place to mitsgate
extK)sure to the major r￿ks.
Plans for ftslure periods
The charity rs unlikety to recerve additKvd M¢￿Ie$ except for an ct(xsDnal Wy. Any such legacy ￿ tre*d
as inixjme frir the charitable putFK)ses. The chaFTty take part in fuThdraEing so wÈll conts'nue to operate
in its Current manner.
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UNCOLN MUNICIPAL RELIEF IN NEED CHARTrf
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 25 MARCH 2024
Statement of Tru5tees' responsibli itse5
The Tfustees ate rBSFrf)nS￿ for P￿n￿g the Tru51ee5' ReFM)rt ar¥J fhe financBI stathents in accordan
wtih applicable law and unli￿ ￿ng(knn Acuwnting StarKlards {UnibJ ￿"ngdorn &nerdlty Accepted
Accyxsnbng Practi￿}.
The law appltcable to charrt￿S in Engtand & W*5 ¥￿IreS the TfUStee5 to prepare financial statuftents for
each financial period vthith gi4E a true and fair vpw of ts state of affairs of the charfy and of rts incoming
resources and appI￿n of resou￿. ir￿U￿1T¥j its In(Th￿ arKt ex[t￿lIt￿re, for th* FeTKJd. In prepariThJ Ihese
finarwl statements. the TnJ5tees aTe required to".
select surtable accxjunttng pol￿￿eS and then them c￿￿$t￿￿.
observe the mettKMls and prin0p￿S of ts Chw41Bs SORP (FRS 11Y2)"
make judgments and arL￿n￿ng estimats th* are reasonable and prudent..
state whether a￿l￿aLle UK Acujuntrng Standards IFRS 102) have bw folk)w￿l. su*"ect to any
material departures dksclcEed and eX￿"ned in the financial ststements:
prepare the financial statements on the going 1xm￿rn basis unkn it ￿ irwyrr4)riate to presume that the
charty wi15 ccrtinue in busin&8s.
The Trustees are reSrKmSib￿ keepirvJ thwale acThun￿J that are suffyi￿t to shrjw and explain
the charitys transathins and discktse wtth reasonable at any t.me the financial positt(In of the charity
and enable them to ensure that the financial Stat￿n￿ts rxryly vlrth Charities Act 2011. the Charity
(Accounts and Reports) Regulati￿$ 2008 a¥KI the FKUVisky￿ of the Charty Commtsshjn Scheme. They are also
responsilje for safeguarding the a&8ets of Ihe thrity arKI hen￿ for takwg reasonab￿ steps for Ihe prevention
and detecbon offraud and other ]negU￿r[l￿S.
Approved by IKder ¢￿ the memb&s of the board of Trustees ￿ 4 D*eM￿r 2024 and swjned on their behalf ty.
J R Hansard
(Chair of Trustees)
Page S