THF. YEO VALLEY LIONS CLUB CHARITY TRUST FUND CIIARITY NUMBER 280660 TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2024 Address for eorrespondence: 6 Briar Mead, Yatton, Bristol BS49 4RE TRUSTEES Graham Marshall - President. Yeo Valley Lions Club Lesley Farrall- Treasurer, Yeo Valley Lions Club Brian Winter- Secretary, Yeo Valley Lions Club ADVISERS Bankers.. Lloyds Bank plc 2 South Parade Weston-super-mare BS23 IJL Soltcitors: John Hodge & Co 50 High stet Yatton BS49 4HJ STRUCTURE, GOVERNAIYCE AND MANAGEMENT The Charity was ¢stablish¢d by a Tnt Deed dated l January 1980 Under the Tnt Deed the Trustees are tbe Presid¢nL Treasurer and Secretary for the time being of Yeo Valley Lions Club (the Club). They are ¢lected annually at the Club's AGM and serve for the year from l July to 30 June. The Trust Deed establishes that the Club has absolute discretion to determine and select the b¢neficÉaries of the distribution of the Trust's fidS and this is managed at a monthly Club meeting, subject to a quonlln being present. where members consider and vote on SInding pmposals recommended by the club's 'Board of Directors (Committee). The Tnle¢S are present at those meetings and ensure that decisions are within the scope of the provisions of the Trust Deed. OBJECTIVES AND ACTIVITIES Th¢ Trust Deed provtdes that the Trust's funds may be used for charitable PUTposes within the lerritorial 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 esL2blished for such charitable purposes in such MaJer as the Club shall detennine and select. Th¢ 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 king available for use by local clubs and societies is also tegu]arly used foi shopping trips for the elderly and infinn the provision and maintenance of a playground for those of any age with special needs.
In addition the local community knefits from financial support given to local clubs and societies and support is also givcn to many projects fillther afield, both at a nattonal and international level. through Lions Clubs International. the worldwide association to which the Club lOngS. The Trustees are therefore satisfied that there is wide rdnging 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 nMintained io a go(Kl standard and. whilst three became vacant during the year, they were re-let once appropriate maintenance and renovation had been completed and all were occupied at the year end Community Minibus- this provides an invaluable service at no charg¢ to the local community particularly, but not ¢xclusively, to the more elderly aDd infirni in the local villages. Regular shopping trips run on three days per week, there are regular outings for resÈdents from locaI care and residential bomes during the summer months, transport is provided for the local fo(Kl bank when needed and it is also used by a number of local societies and associations. including youth groups, to support their activities. Playground for the Disabled- this h&s now been in owation for 25 years and provides a secure and secluded environtnenl where parentslcarerslspecial schools looking after people with special needs of all ages, although predominantly youngsteTS. can relax and use the equipment and space provide(L without the distractions and worries encountered in a public park. The benefits can be gauged by the fact that in those 25 years in excess of 600 families, s[la1 schools, support groups etc have registered for memkrship and new applications continue to be received on a regular basis. The Trust has continued to meet requests for financial SUPFK)rt from numerous local organisations and thos¢ in need as well &s supporting projects under the auspices of Lions Clubs International. FINANCIAL REVIEW A copy of the examined accounts for the year ended 30 June 2024 is attached. Unresticted Funds The principal source of income for this fid is donations made by Yeo Valley Lions Club which runs a number of well-establish¢d fund raising events during the year. These totalled £16,(M)0 (2023 £19,000), together with Christm&s Gift Aided donations of £6,798 {2023 £3.263). The general cost of operating the minibus. our single largest ongoing commitment, w&8 £5,456 (2023 £5.311) although this was partly offset by donations of £2,586 (2023 £4,278) received from users of the bus and a community transp)rt grant of £451 from the District Council.
The costs of maintaining th¢ Special Need Playground were £4,981 (2023 £2.103). Othw payments totalling £10.985 show the broad spread of sUPWrt continuing be given to the local community and iwon(t The balance of this Fund is held in a non-inter¢st bearing accounL is readily available, and is considered adequate for the puTse of the Ckwity. The balance includes £39.51XI which has been earn]arked for the replacement of the community minibus. Desi ated Funds This Fund comprises the residential flats. Three flats We vacant at some stage during the year reflecting in a reduced rental income of £33,084 (2023 £35,145). Incr&ased maint¢nancc and insurance costs of £42,773 (2023 £4.440) reflected the renovation and maintenance work undertaken in the three flats whilst they were vacanL as we continue to maintain the flats to a high standard and und¢rtake a COTnplete redecoration at each vacancy. There were no rent arrears at 30 June 2024. We continu¢d to support the operation of a local Dementia Hub and make other donations relating to services provided for the elderly, including this year, in view of its importance to the elderly, a payment of £4.174 for engine repairs to the club minibus, following a breakdown. A donation of £1.850 was also made to Yatton Village Hall. a r¢gist¢r¢d charity, for in]provements. again a facility important to th¢ elderly in the community. Due to these items, expenditure exceeded income by £23,964 during the year and cash balances at the year end stood at £222,688 which sum is readily available. FufuRE PLANS Yeo Valley Lions Club continues its regular fund raising events. from which donations will continue to be made to the Trust for distribution. Its principal servic¢ activities will continue for the publtc benefit with consideration likely to be given in due course to th¢ purchase of a replacement minibus, the current vehicle now being 13 years old. . Beyond the costs of maintaining the playground and the minibus otheT donations and grants are only made from available funds and, thcrefore, expenses can be suitably controlled against the availabl¢ resources. The flats will continue to be maintained to a high standard and eonsideratTon will continue to be giv¢n to other suitsble OPFK)rtunities to use monies in the Designated Fund as they arise, within the wishes express¢(L but not mandated, by the Donor when bequeathing the properties to the TrnsL
YEO VALLEY LIONS CLUB CHARrfY TRUST FUND Charity number 280660 RECEIPTS IIND PAYMEiYfs ACCOUNr FOR THE YEAR ENDED 30 JUNE 2024 UnrestrKted Designaknl Funds Funds Tota] Funds tast year RECEivrs Donations from Y) Valley Lions Club Rents Received Interest Rec£ived Donations towards Minibus expenses Grants towards Minibus expenses Christmas donations Other Donations 16,0(M) 16,0(K) 33.084 633 2,587 451 6.798 2.676 62,229 19,000 35,145 177 4,278 389 3,263 1,231 63.483 33,084 633 2,587 451 6.798 2,676 28.512 33.717 PA YMENTS Propety Maintenance & Insurance Minibus expenses maintenan of SpeciaI Needs Playground Other Lions Charities Support for Yatton Lunch Club Support for Dementia Hub Local Youth Organisations Support for the Elderly & Needy Other Charities Donation for Community Building Other Costs Poslage & St*ionffy 42.773 4,174 42.773 9.621 4,980 3,074 1.155 7,014 2,750 384 4,686 .850 790 26 4,440 5.311 2.103 3,815 771 6.530 1.720 2,187 5.447 4,Q80 3.074 1.155 7,014 2.750 4.686 1,850 689 26 i 0,000 21,422 57,681 79.103 48,204 NET RECEIPTS IIPAYMENTS) (23.964) (16.874) 246.652 15,279 CASH FUNDS AT 30 JUNE 2023 39,440 286,092 270,813 CASH FUNDS AT 30 JUNE 2024 46,530 222.688 269,218 286,092
YEO VALLEY LIONS CLUB CllARY TRUST FUND Charity number 280660 STATEMENf OF ASSETS & LLIBILITIES AS AT 30 JUNE 2024 Unrestrictiyj Designaknl Funds Funds Total Funds 2023 Cash Funds 46.530 222.688 269,218 286,092 Inveslment Assets Freehold Property 297,120 297,120 297.120 Ltabilitie5 Rental DqsIts 640 1,010 46.530 519,168 565,698 582,202 .Signedon behamofihe Trustees Lesley Farrall Trurert Examiners Report to the Trn$t¢es of Valky Lw)RS Club Charity Trust Fund I have examined the ix)oks and recordsfor the year 30 June 2024 and conf7 that adequate records have been kepL I confirTn that the Receipts and Payrnts A(YA)unt and the Statanent of Assets and Liabilities aTe in agreement with the Tnists records and in my opinion they fairly refiect the Iransactions during the year, Keith R Palmer Examiner zll .//