| YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | ||
|---|---|---|---|---|---|
| CHARITY NUMBER 280660 | |||||
| RECEIPTS AND PAYMENTS ACCOUNTS | |||||
| FOR THE YEAR ENDED 30JUNE 2021 | |||||
| Unrestricted funds |
Designated Funds |
Total Funds |
Last Year |
||
| £ | £ | £ | £ | ||
| RECEIPTS | |||||
| Donations from Yeo ValleyLions Club | 2,000 | 2,000 | 26,000 | ||
| Rents received | 35,640 | 35,640 | 35,640 | ||
| Interest received | 9 | 9 | 68 | ||
| Donations towards Minibus expenses | 407 | 407 | 3,611 | ||
| Grants for Minibus expenses | 389 | 389 | 213 | ||
| Other Donations | 1,572 | 1,572 | 2,101 | ||
| Christmas donations incl. GA | 5,374 | 5,374 | |||
| 9,742 | 35,649 | 45,391 | 67,633 | ||
| PAYMENTS | |||||
| Propertymaintenance & insurance | 3,143 | 3,143 | 3,783 | ||
| Grant towards Rock Road Premises | - | - | |||
| Minibus expenses | 3,510 | 772 | 4,282 | 5,032 | |
| Expenses of Special Needs Playground | 5,013 | 5,013 | 4,510 | ||
| Assistance to local schools | 495 | 495 | 695 | ||
| Other Lions' Charities | 1,166 | 1,166 | 950 | ||
| Support for Yatton Lunch Club | - | 1,766 | |||
| Support for Dementia Hub | 6,678 | 6,678 | 3,693 | ||
| Postage & Stationery | - | 28 | |||
| Youth organisations | - | 2,498 | |||
| Support for the elderly& needy | 962 | - | 962 | 2,323 | |
| Other charities | 6,978 | 501 | 7,479 | 11,279 | |
| Tree Planting | 120 | 120 | 467 | ||
| 18,244 | 11,094 | 29,338 | 37,024 | ||
| NET RECEIPTS | (8,502) | 24,555 | 16,053 | 30,609 | |
| CASH FUNDS AT 30 JUNE 2020 | 43,604 | 186,031 | 229,635 | 200,366 | |
| CASH FUNDS AT 30 JUNE 2021 | 35,095 | 210,586 | 245,681 | 230,975 | |
| STATEMENT OF ASSETS AND LIABILITIES | |||||
| AS AT 30JUNE 2021 | |||||
| £ | £ | ||||
| Cash Funds | 35,095 | 211,926 | |||
| Investment Assets | |||||
| Freehold Property | 297,120 | ||||
| Liabilities | - | ||||
| Rental Deposities | (1,340) | ||||
| 507,706 | |||||
| Signed on behalf of the Trustees | |||||
| LesleyFarrall Treasurer |
THE YEO VALLEY LIONS CLUB CHARITY TRUST FUND CHARITY NUMBER 280660 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2021
Address for correspondence: 6 Briar Mead, Yatton, Bristol BS49 4RE
TRUSTEES
Peter Selvey – Chair – President, Yeo Valley Lions Club Lesley Farrall – Treasurer, Yeo Valley Lions Club Graham Marshall – Secretary, Yeo Valley Lions Club
ADVISERS
Bankers: Solicitors: Lloyds Bank plc John Hodge & Co 2 South Parade 50 High Street Weston-super-Mare Yatton BS23 1JL BS49 4HJ
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity was established by a Trust Deed dated 1 January 1980
Under the Trust Deed the Trustees are the President, Treasurer and Secretary for the time being of Yeo Valley Lions Club (the Club). They are elected annually at the Club’s AGM and serve for the year from 1 July to 30 June.
The Trust Deed establishes that the Club has absolute discretion to determine and select the beneficiaries of the distribution of the Trust’s funds and this is managed at a monthly Club meeting, subject to a quorum being present, where members consider and vote on spending proposals recommended by the club’s ‘Board of Directors’ (committee). The Trustees are present at those meetings and ensure that decisions are within the scope of the provisions of the Trust Deed.
OBJECTIVES AND ACTIVITIES
The Trust Deed provides that the Trust’s funds may be used for charitable purposes within the territorial area of the Club throughout the United Kingdom and the Republic of Ireland or elsewhere for the benefit of such charitable bodies, trusts, associations, institutions or organisations established for such charitable purposes in such manner as the Club shall determine and select.
The main activities undertaken for the public’s benefit include:
-
the provision of 6 flats for the elderly, let at a reasonable rent
-
the provision of a community minibus, which as well as being available for use by local clubs and societies is also regularly used for shopping trips for the elderly and infirm
-
the provision and maintenance of a playground for those of any age with special needs.
In addition the local community benefits from financial support given to local clubs and societies and support is also given to many projects further afield, both at a national and international level, through Lions Clubs International, the worldwide association to which the Club belongs.
The Trustees are therefore satisfied that there is wide ranging public benefit as a result of the Trust’s activities particularly bearing in mind the International Lions motto of ‘We Serve’.
ACHIEVEMENTS AND PERFORMANCE
Flats – these continue to provide living accommodation for 6 tenants at a reasonable rent. They are maintained to a good standard and have remained fully occupied during the year.
Community Minibus – in normal times this provides an invaluable service at no charge to the local community particularly, but not exclusively, to the more elderly and infirm in the local villages. Regular shopping trips run on three days per week, there are regular outings for residents from local care and residential homes during the summer months and it is also used by a number of local societies and associations, including youth groups, to support their activities. Unfortunately the advent of the pandemic and the need to ensure everyone’s safety meant that these activities were paused from March 2020 and were still largely in abeyance at the Charity’s year end, although the minibus has been used in that time to assist with the activities of the local food bank.
Playground for the Disabled – this has now been in operation for over 20 years and provides a secure and secluded environment where parents/carers/special schools looking after people with special needs of all ages, although predominantly youngsters, can relax and use the equipment and space provided, without the distractions and worries encountered in a public park. The benefits can be gauged by the fact that in those 20 years in excess of 600 families, special schools, support groups etc have registered for membership and new applications continue to be received on a regular basis. Because of the pandemic the Playground remained closed for the whole of the 2020 season but we were able to reopen in a limited and cautious way during April 2021 and it remained open on this basis at the year end.
The Trust has continued to meet requests for financial support from numerous local organisations and those in need as well as supporting projects under the auspices of Lions Clubs International.
FINANCIAL REVIEW
A copy of the examined accounts for the year ended 30 June 2021 is attached.
Unresticted Funds
The principal source of income for this fund is donations made by Yeo Valley Lions Club which normally runs a number of well-established fund raising events during the year. However these donations totalled only £2,000 (2020 £26,000) as the club’s activities were restricted by the pandemic, although some Christmas donations are
shown separately this year to enable the Trust to benefit from an element of Gift Aid. The general cost of operating the minibus, our single largest ongoing commitment, was £3,510 (2020 £3,951) and this year, because of negligible activity, this was only partially offset by donations of £407 (2020 £3,611) received from users of the bus and a community transport grant of £389 from the District Council.
The costs of maintaining the Special Need Playground were £5,013 (2020 £4,510), but these included £2,460 legal costs in respect of the renewal of the lease. While closed because of the pandemic the playground was maintained in readiness for reopening and also some further improvements were effected. Other payments totalling £9,721 show the broad spread of support continuing to be given to the local community and beyond.
The balance of this Fund is held in a non-interest bearing account, is readily available, and is considered adequate for the purpose of the Charity. The balance includes £33,500 which has been earmarked for the replacement of the community minibus.
Designated Funds
This Fund comprises the residential flats. There were no vacancies in the flats during this year and rental income was £35,640 (2020 £35,640). Maintenance and insurance costs of £3,143 were lower than the previous year (£3,783) reflecting slightly reduced maintenance costs
We continue to maintain the flats to a high standard and undertake a complete redecoration at each vacancy. There were no rent arrears at 30 June 2021.
We continued to support the operation of a local Dementia Hub and made other donations relating to services provided for the elderly.
Income exceeded expenditure by £24,555 during the year where cash balances at the year end stood at £211,000 which sum is readily available.
FUTURE PLANS
As the pandemic recedes it is hoped that Yeo Valley Lions Club will be able to reestablish its regular fund raising events, from which donations will continue to be made to the Trust for distribution.
Its principal service activities will continue for the public benefit with consideration likely to be given in due course for the purchase of a replacement minibus, the current vehicle now being 10 years old.
Beyond the costs of maintaining the playground and the minibus other donations and grants are only made from available funds and, therefore, any ongoing effect of the pandemic on the Trust’s income can be suitably controlled
The flats will continue to be maintained to a high standard and consideration will continue to be given to other suitable opportunities to use monies in the Designated
Fund as they arise, within the wishes expressed but not mandated by the Donor when bequeathing the properties to the Trust.
| YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | YEO VALLEY LIONS CLUB CHARITY TRUST FUND | ||
|---|---|---|---|---|---|
| CHARITY NUMBER 280660 | |||||
| RECEIPTS AND PAYMENTS ACCOUNTS | |||||
| FOR THE YEAR ENDED 30JUNE 2021 | |||||
| Unrestricted funds |
Designated Funds |
Total Funds |
Last Year |
||
| £ | £ | £ | £ | ||
| RECEIPTS | |||||
| Donations from Yeo ValleyLions Club | 2,000 | 2,000 | 26,000 | ||
| Rents received | 35,640 | 35,640 | 35,640 | ||
| Interest received | 9 | 9 | 68 | ||
| Donations towards Minibus expenses | 407 | 407 | 3,611 | ||
| Grants for Minibus expenses | 389 | 389 | 213 | ||
| Other Donations | 1,572 | 1,572 | 2,101 | ||
| Christmas donations incl. GA | 5,374 | 5,374 | |||
| 9,742 | 35,649 | 45,391 | 67,633 | ||
| PAYMENTS | |||||
| Propertymaintenance & insurance | 3,143 | 3,143 | 3,783 | ||
| Grant towards Rock Road Premises | - | - | |||
| Minibus expenses | 3,510 | 772 | 4,282 | 5,032 | |
| Expenses of Special Needs Playground | 5,013 | 5,013 | 4,510 | ||
| Assistance to local schools | 495 | 495 | 695 | ||
| Other Lions' Charities | 1,166 | 1,166 | 950 | ||
| Support for Yatton Lunch Club | - | 1,766 | |||
| Support for Dementia Hub | 6,678 | 6,678 | 3,693 | ||
| Postage & Stationery | - | 28 | |||
| Youth organisations | - | 2,498 | |||
| Support for the elderly& needy | 962 | - | 962 | 2,323 | |
| Other charities | 6,978 | 501 | 7,479 | 11,279 | |
| Tree Planting | 120 | 120 | 467 | ||
| 18,244 | 11,094 | 29,338 | 37,024 | ||
| NET RECEIPTS | (8,502) | 24,555 | 16,053 | 30,609 | |
| CASH FUNDS AT 30 JUNE 2020 | 43,604 | 186,031 | 229,635 | 200,366 | |
| CASH FUNDS AT 30 JUNE 2021 | 35,095 | 210,586 | 245,681 | 230,975 | |
| STATEMENT OF ASSETS AND LIABILITIES | |||||
| AS AT 30JUNE 2021 | |||||
| £ | £ | ||||
| Cash Funds | 35,095 | 211,926 | |||
| Investment Assets | |||||
| Freehold Property | 297,120 | ||||
| Liabilities | - | ||||
| Rental Deposities | (1,340) | ||||
| 507,706 | |||||
| Signed on behalf of the Trustees | |||||
| LesleyFarrall Treasurer |