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2024-09-30-accounts

Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

Charity No. 222647

Draft

Morecambe and Lancaster Mencap Society

Executive Committee’s Report and Unaudited Financial Statements

For The Year Ended 30 September 2024

Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

CONTENTS

Page
Charity reference and administrative details 1
Report of the Executive Committee 2
Independent Examiner’s report to the trustees 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9

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MORECAMBE AND LANCASTER MENCAP SOCIETY

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Registered charity name

Morecambe and Lancaster Mencap Society

Charity registration number 222647 Lansmore Court Principal and registered office Charles Street Morecambe LA4 5SX Trustees A Butler H Towers P Hayes J Hicks S Birchall J Boyd S Marshall J Roper P Halkic V Sawczyn

Independent Examiner MHA Chartered Accountants 14 Mannin Way Lancaster Business Park Lancaster Lancashire LA1 3SW

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

REPORT OF THE EXECUTIVE COMMITTEE

FOR THE YEAR ENDED 30 SEPTEMBER 2024

The Executive Committee present their report along with the financial statements of the charity for the year ended 30th September 2024.

The financial statements have been prepared in accordance with accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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.

The Committee members (trustees)

The Committee members who served the charity during the period are as follows;

A Butler Chairperson / Pool Club Representative H Towers Honorary Secretary / Deputy Chairperson P Hayes Honorary Treasurer J Hicks Buildings Executive S Birchall S Marshall L Hailey J Boyd

Appointments in the year: P Halkic V Sawczyn Resignations in the period: L Hailey M Dent G Taylor P Butler

Structure, governance and management

The Society is a registered charity and is affiliated to the Royal Society for Mentally Handicapped Children and Adults (Mencap). It was established by constitution dated 26 January 1956.

Recruitment

In accordance with the Trust Deed, new members are appointed to the committee following recommendation to and approval by the existing members. Induction is carried out on a one to one basis and training is provided as and when required.

The charity recognises the need to keep current and new members up-to-date with legislative, Charity Commission and accounting requirements. Each member offers themselves for re-election on an annual basis.

Objectives and activities

The Society is principally engaged in drawing attention to the problems of cognitive disability through the provision of activities catering for the recreational, educational and welfare needs of persons suffering from cognitive disability and other learning difficulties, and in the raising of money to assist in the financing of these activities through a recognised local centre.

The Society has continued to organise a programme of fund raising events as well as social events for the benefit of people with learning difficulties throughout the Morecambe and Lancaster area, various individuals have been supported during the year through the provision of educational support and recreational activities.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

REPORT OF THE EXECUTIVE COMMITTEE (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Objectives and activities (continued)

The charity is heavily dependent on, and very thankful for, the support it received from volunteers, who work to support the operation of the Society in a wide variety of ways., be it from helping to provide direct club and class support, supporting income generation by fundraising, serving as Trustees or in other capacities.

Achievements and performance

The Society offers a full and varied programme of weekly clubs, classes and activities plus monthly and seasonal events.

The main essence of the Morecambe & Lancaster Mencap Society has always been its evening clubs. However, over the past years it has increased to include young families and a variety of daytime activities and classes. The song & dance, drama group and arts & crafts sessions are very popular. This year we also held Halloween Gathering and a Christmas Disco at the Club House which were greatly enjoyed.

Key highlights include:

Difference to beneficiaries

The Committee has proved itself to be an effective mechanism in its transparent and democratic approach in decision making and problem solving. We are fortunate enough to have such a fantastic facility available, a modernised building in a good location and easily accessible to everyone. It is a place for all of us to connect with each other and the wider society.

It is a safe and secure environment, where the members can enjoy themselves, either socially or by participating in an activity or class and learning something new. It benefits a wide range of ages and disabilities.

Some members choose to help the volunteers in running their own club night, whether this is collecting subs, serving in the tuck shop or packing everything away at the end of the night. This gives them a sense of involvement and responsibility.

It is important that we run different classes and clubs for our members taking a holistic approach; promoting fitness and the importance of well-being, offering a relaxed and supportive environment, encouraging life skills and building confidence.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

REPORT OF THE EXECUTIVE COMMITTEE (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Financial review

A total of £51,776 (2023: £44,685) was raised during the year. Total expenditure amounted to £57,913 (2023: £40,658).

At the year-end, the Society had monetary assets (investments, bank and cash) of £597,536, an increase of £52,425 on the previous year.

Plans for future periods

In the coming year, we aim to improve our facilities by developing a changing room for members with profound disabilities. We also plan to host the Northern Ireland pool team for a friendly challenge and continue our friendly rivalry with Squires pool team. Additionally, we will organize coach trips to popular tourist destinations to cater to our members’ interests

Risk management

The members have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Risk is reviewed by the members on an annual basis.

Investment policy

The Society receives advice from its investment advisor. The performance of funds is reviewed at each meeting with investment managers instructed to carry out any recommended changes to the investment instruments. The managers are instructed to keep a balanced portfolio to spread the risk and maximise capital growth without jeopardising revenue income. In addition to this they are instructed to avoid purchasing holdings which would go against the aims of promoting health and wellbeing that the charity undertakes, for example tobacco companies etc.

Reserves policy

The charity aims to have the equivalent of six months’ running costs in free reserves in addition to the reserves representing the investment and fixed assets owned.

Unrestricted funds are reserves available for use at the discretion of the trustees in furtherance of the general activities of the charity. Restricted funds are reserves subjected to restrictions on their expenditure imposed by the donor.

The charity’s reserves are all unrestricted, with the total at the end of the year being £925,208 (2023: £871,257) with £23,781 (2023: £22,808) representing free reserves, i.e. excluding investment assets and the leasehold premises. This is in excess of six months’ running costs.

Public benefit

We have referred to the guidance contained in the Charity Commission’s general guidance when reviewing our aims and objectives and in planning our future activities. In particular the Members consider how planned activities will contribute to the aims and objectives they have set.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

REPORT OF THE EXECUTIVE COMMITTEE (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Statement of Trustees’ responsibilities

The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.

Independent examiner

MHA have been re-appointed as independent examiner for the ensuing year.

Signed on behalf of the Executive Committee

A Butler Chairperson

April 16, 2025 ........................

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MORECAMBE AND LANCASTER MENCAP SOCIETY

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF MORECAMBE AND LANCASTER MENCAP SOCIETY

FOR THE YEAR ENDED 30 SEPTEMBER 2024

I report to the trustees on my examination of the accounts of the Charity for the year ended 30 September 2024, which are set out on pages 7 to 18.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jack Steer ACA

Independent Examiner 14 Mannin Way Lancaster Business Park Lancaster Lancashire LA1 3SW

Date: April 16, 2025

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MORECAMBE AND LANCASTER MENCAP SOCIETY

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Government grants
Total
Expenditure on:
Charitable activities
6
Total
Net gains/(losses) on investments
Realised gain/(loss) on investments
Unrealised gain/(loss) on investments		 Total
Total
Unrestricted
Restricted
funds
funds
funds
funds
2024
2023
£
£
£
£
1,210
-
1,210
2,179
34,864
-
34,864
23,804
15,702
-
15,702
14,912
-
-
-
3,790
51,776
-
51,776
44,685
57,913
-
57,913
40,658
57,913
-
57,913
40,658
(11,501)
-
(11,501)
(661)
71,589
-
71,589
8,427
Net income/expenditure 53,951
-
53,951
11,793
Transfers between funds -
-
-
-
Net movement in funds 53,951
-
53,951
11,793
Reconciliation of funds:
Total funds brought forward 871,257
-
871,257
859,464
Total funds carried forward
17
925,208
-
925,208
871,257

The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.

All of the above amounts relate to continuing activities.

The notes on pages 9 to 18 form part of these financial statements.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

BALANCE SHEET

AS AT 30 SEPTEMBER 2024

----- Start of picture text -----
2024 2023
£ £ £ £
Fixed assets
Tangible assets 10 326,247 326,247
Investments 11 575,180 522,202
901,427 848,449
Current assets
Debtors 12 3,022 1,307
Cash held at investment brokers 11 7,293 7,196
Cash at bank and in hand 15,063 15,713
25,378 24,216
Creditors: amounts falling due within
one year 13 (1,597) (1,408)
Net current assets 23,781 22,808
Total assets less current liabilities 925,208 871,257
Net assets 925,208 871,257
Funds:
Unrestricted funds 17 925,208 871,257
Restricted funds 17 - -
Total funds 925,208 871,257
----- End of picture text -----

These accounts were approved by the Executive Committee and authorised for issue on the

April 16, 2025 ........................ and are signed on their behalf by:

…………………………………… A Butler Chairperson

The notes on pages 9 to 18 form part of these financial statements.

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

Legal form

The entity is registered as a charity in England and Wales. The address of the charity, the nature of its operations and its principal activities are all detailed in the Executive Committee report and charity administrative details pages in these financial statements.

Basis of accounting

The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice.

The financial statements have been prepared on a going concern basis under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the charity.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Preparation of the accounts on a going concern basis

The trustees have at the time of approving the financial statements, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Income

Donations are included as they are receivable by the charity, except insofar as they are incapable of financial measurement.

Other income (including grant income) is recognised when the charity is legally entitled to receive it.

No income is shown net of expenditure.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably.

Premises costs and governance costs are those which assist the work of the charity but do not directly represent charitable activities. They are incurred directly to support the objectives of the charity.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies (continued)

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity’s balance sheet when the charity becomes party to contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the statement of financial activity.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in the statement of financial activity.

De-recognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies (continued)

Basic financial liabilities

Basic financial liabilities are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

De-recognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

Investments

Investments are shown at their market value on the date of the balance sheet. Gains and losses on disposal and revaluation of assets are charged or credited to the Statement of Financial Activities.

Fixed assets

Leasehold property is included in the Balance Sheet at its original cost price together with the costs of improvements thereto.

No depreciation is provided on leasehold property improvements on the grounds that the depreciation charge and accumulated depreciation would be immaterial, as the charity has a policy of regular maintenance and repair (which is charged to the statement of financial activities) such that the previously assessed standard of performance is maintained.

Fixtures & fittings are included at their original cost price. Any subsequent related costs are expensed to the charity’s statement of financial activities, in line with the policy of regular maintenance and repair.

No depreciation is provided on fixtures & fittings on the same grounds as outlined above for leasehold property improvements.

Where assets are gifted to the Charity, they are included in the Balance Sheet as their estimated market value at the time of the gift, with an equivalent amount being included in donations received.

2 Judgements and key sources of estimation uncertainty

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

2 Judgements and key sources of estimation uncertainty (continued)

Key assumptions, judgements and estimates

In the opinion of the Trustees’ there have been no significant judgements (apart from those involving estimates) made in the process of applying the above accounting policies, with the exception of the treatment of fixed assets as detailed on page 10.

There have been no key assumptions concerning future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3 Income from donations and legacies

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds 2024 2023
£ £ £ £
Member subscriptions 410 - 410 300
Donations 800 - 800 1,879
1,210 - 1,210 2,179
----- End of picture text -----

All income in the prior year was unrestricted.

4 Income from charitable activities

----- Start of picture text -----
Recreational activities for those with cognitive
disabilities
Activity Unrestricted Restricted Total Total
funds funds 2024 2023
£ £ £ £
Pool events 5,647 - 5,647 1,174
Other events 3,304 - 3,304 386
Bingo 5,597 - 5,597 4,376
Gateway Club/Classes/Music Nights 18,876 - 18,876 16,398
Rent of premises 1,440 - 1,440 1,470
34,864 - 34,864 23,804
----- End of picture text -----

All income in the prior year was unrestricted.

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

5 Investment income

Investment income
Interest/dividends received on investments Unrestricted
Restricted
Total
Total
funds
funds
2024
2023
£
£
£
£
15,702
-
15,702
14,912
15,702
-
15,702
14,912

All income in the prior year was unrestricted.

6 Expenditure on charitable activities

----- Start of picture text -----
Recreational activities for those with cognitive
disabilities
Activity Unrestricted Restricted Total Total
funds funds 2024 2023
£ £ £ £
Pool events 5,823 - 5,823 689
Functions 1,755 - 1,755 910
Gateway Club/Classes/Music Nights 9,498 - 9,498 12,070
Support costs ( note 7 ) 40,837 - 40,837 26,989
57,913 - 57,913 40,658
----- End of picture text -----

All expenditure in the prior year was unrestricted.

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

7 Support costs

----- Start of picture text -----
Unrestricted Restricted Total Total
funds funds 2024 2023
£ £ £ £
Ground rent 385 - 385 385
Water and sewerage rates 1,721 - 1,721 1,485
Electricity and gas 3,000 - 3,000 3,359
Insurance 2,871 - 2,871 1,317
Repairs and maintenance 2,549 - 2,549 2,676
Caretaker and cleaner 3,654 - 3,654 5,082
Co-ordinator 13,500 - 13,500 -
Telephone 740 - 740 677
Licences 953 - 953 1,150
Other 506 - 506 257
Secretary/treasurer honorarium 1,600 - 1,600 1,800
Independent examination 1,641 - 1,641 1,448
Investments' management fees 7,717 - 7,717 7,353
40,837 - 40,837 26,989
----- End of picture text -----

All expenditure in the prior year was unrestricted.

8 Net income/expenditure

----- Start of picture text -----
2024 2023
Net income is stated after charging/(crediting): £ £
Independent examiner's remuneration:
- independent examination fee 1,641 1,448
----- End of picture text -----

9 Trustees and key management personnel remuneration

The trustees of the charity are considered to be the key management personnel of the charity. One trustee, H Towers, received £800 (2023: £800) for their role as secretary. This is agreed and consented to by all trustees. In addition, another trustee, Pam Hayes, received £800 (2023: £800) for their role as treasurer. In addition Angela Butler received £0 (2023: £200) for their role as chair person. No other trustees (or any persons connected to them) received any remuneration or expenses from the charity during the year.

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MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

10 Tangible fixed assets

----- Start of picture text -----
Leasehold Fixtures & Total
property fittings
£ £ £
Cost at 30 September 2024 - no movement since 01 313,989 12,258 326,247
October 2017
313,989 12,258 326,247
----- End of picture text -----

L easehold property

The land at Charles Street, Morecambe is held on a lease from Lancaster City Council. Originally the lease ran for 30 years expiring in 1994. This has been renewed, from 1 September 1997 for 30 years (subject to a rent review every five years). For commitments under this lease, please refer to note 16.

On the land the Society built premises, now known as Lansmore Court, for a cost price of £22,666 (in 1964). This cost plus subsequent leasehold improvement costs total the above figure.

As the Committee has no plans for the sale of the property in the foreseeable future, no attempt has been made to place a current market value on the leasehold property. However the committee is of the opinion that its value is at least that which is included in the balance sheet.

In addition, no depreciation has been provided on the leasehold property. Please see the relevant section of the accounting policies note for further details.

11 Fixed asset investments

----- Start of picture text -----
2024 2023
£ £
UK listed equities & fixed interest securities 575,180 522,202
Cash held as part of investment portfolio 7,293 7,196
582,473 529,398
----- End of picture text -----

The historical cost of the investments is £509,675 (2023: £512,847)

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MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

12 Debtors

----- Start of picture text -----
2024 2023
£ £
Prepayments 3,022 1,307
3,022 1,307
2024 2023
£ £
Accruals 1,597 1,408
1,597 1,408
----- End of picture text -----

13 Creditors

14 Control

There was no ultimate controlling party during the current or prior period.

15 Related party transactions

No related party transactions occurred during the current or prior period, except for those disclosed in note 9 of the accounts.

16 Operating leases - lessee

At the reporting date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases which fall due as follows;

Due in less than one year
Due in more than one year but less than 5 years
Due in more than 5 years		 2024
2023
£
£
385
385
738
1,123
-
-
1,123
1,861

Lease payments of £385 (2023: £385) have been recognised as an expense in the period.

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

17 Analysis of funds – current year

----- Start of picture text -----
At 1 At 30
October Gains, losses September
2023 Income Expenditure & transfers 2024
£ £ £ £ £
Unrestricted funds
General fund 871,257 51,776 (57,913) 60,088 925,208
Restricted funds - - - - -
Total funds 871,257 51,776 (57,913) 60,088 925,208
----- End of picture text -----

18 Analysis of funds – prior year

----- Start of picture text -----
At 1 At 30
October Gains, losses September
2022 Income Expenditure & transfers 2023
£ £ £ £ £
Unrestricted funds
General fund 859,464 44,685 (40,658) 7,766 871,257
Restricted funds - - - - -
Total funds 859,464 44,685 (40,658) 7,766 871,257
----- End of picture text -----

19 Analysis of net assets between funds – current year

Analysis of net assets between funds – current year
Fund balances at 30 September 2024 are represented by:
Tangible fixed assets
Investments
Current assets		 Unrestricted
Restricted
Total
Funds
Funds
£
£
£
326,247
-
326,247
575,180
-
575,180
25,378
-
25,378
Creditors: amounts falling due within one year (1,597)
-
(1,597)
925,208
-
925,208

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Docusign Envelope ID: F8ACD142-4EA2-4886-8A84-D8416D016405

MORECAMBE AND LANCASTER MENCAP SOCIETY

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

20 Analysis of net assets between funds – prior year

----- Start of picture text -----
Unrestricted Restricted Total
Funds Funds
£ £ £
Fund balances at 30 September 2023 are represented by:
Tangible fixed assets 326,247 - 326,247
Investments 522,202 - 522,202
Current assets 24,216 - 24,216
Creditors: amounts falling due within one year (1,408) - (1,408)
871,257 - 871,257
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