LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST) Charity Reg. No. 283799
Trustee Report and Financial Statements for the year ended 30 June 2023
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST) Charity Reg. No. 283799
| CONTENTS Reference and Administration Trustees Report Independent Examiner’s Report Statement of Financial Activities Balance Sheet Notes to the Accounts |
Page 3 4 - 6 7 8 9 9 - 12 |
|---|---|
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST)
Charity Reg. No. 283799
REFERENCE AND ADMINISTRATIVE INFORMATION
| Status: | Registered under a Declaration of Trust dated 1 September 1981 | Registered under a Declaration of Trust dated 1 September 1981 |
|---|---|---|
| (Amended by Resolution 28 July | 2017 and 23rdOctober 2020) | |
| Charity No. | 283799 | |
| Trustees: | ||
| Geoffrey Leeder | Caroline Macdonald | |
| Philip C Nathan MBE | David Pope | |
| Linda Picton | ||
| Correspondent: | Linda Picton | |
| 1 Silverdale | ||
| Fleet | ||
| Hampshire | ||
| GU52 7TT | ||
| Objects of | ||
| the Charity: | To further the relief of poverty, distress, and sickness. No defined area of benefit. | |
| Investment powers: | In any investments authorised by law for the investment of trust funds. | |
| Bankers: | The Royal Bank of Scotland plc, Holt’s Farnborough Branch | |
| Lawrie House, Victoria Road, | ||
| Farnborough GU14 7NR | ||
| Independent | John Christopher Geering FIFA | |
| Examiner: |
11 Glen Road | |
| Fleet | ||
| Hants | ||
| GU51 3QS |
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LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST) Charity Reg. No. 283799
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 30 June 2023
Structure, Governance and Management
The Trust is an unincorporated trust, constituted under a trust deed dated 1[st] September 1981 and registered with Charity Commission England and Wales Registration Number 283799.
The Trust was set up with the prime purpose of consolidating donations received from clubs in the Lions Clubs International, Multiple District 105 (The British Isles and with effect 1[st] July 2019 divided into 8 districts). To pay over to the nominated beneficiaries as specified by the clubs in response to appeals made by the Multiple District and Lions Clubs International. Over recent times the Charity has been focused on raising/collecting funds for Lions Clubs International Foundation (LCIF). The Trust does not directly fundraise other than from clubs.
The Emergency Fund was set up in 1991 for the relief of suffering resulting from any accident or disaster within the Multiple District or from an accident affecting anyone in the Multiple District. The balance of this fund was fully utilized to provide grants to clubs to assist local communities during pandemic. Grants were administered by LCI MD105 Foundation.
Appointment of Trustees
The power of appointing new trustees is vested in the surviving or continuing trustees for the time being in accordance with the statutory power of appointment of new trustees. The Trust Deed as amended October 2020 provides for 7 trustees. Induction and ongoing training are offered to all appointed Trustees.
An annual meeting of the trustees is held at a convenient MD Lions function and there are other interchange communications via telephone/email in connection with approval of accounts and decision making etc. All decisions are made by the trustees.
Investment income and Gift Aid are recognised on a receivable basis.
The trustees are mindful of their responsibilities and have due regard for relevant Charity Commission guidance.
Governing Document
A resolution passed by the trustees on 28 July 2017 “The Trustees shall arrange an external scrutiny of the annual accounts which complies with statutory provisions” - effectively this allows an independent examination. Resolution notified to the Charity Commission and noted as an amendment to the governing document.
A resolution passed by the Trustees on 23[rd] October 2020 “Amendments to Paragraph 4 Power of Trustees”. Effectively this increased number of Trustees to 7 (seven); agreed quorum would be 4 Trustees; set appointment period and reappointment criteria for Trustees; confirmed officers to be elected by Trustees; confirmed Trustee meetings may be held by suitable electronic means. Resolution notified to the Charity Commission and noted as an amendment to the governing document.
Risk Management
The trustees actively review major risks and believe that review of key financial systems together with operational and business risks faced by the Charity will allow for sufficient resources in the event of adverse conditions.
The Trustees agreed that Bank Accounts be regularly reviewed to accommodate additional funds and to keep within the Financial Services Compensation Scheme Threshold.
Objectives and Activities
The objectives of the Charity are the relief of poverty, distress, and sickness.
From inception support was given for education purposes and for the supply of safe water in various overseas locations. LCI MD105 Foundation Reg. No.1164711 now has responsibility for projects that are outside the scope of Lions Clubs International Foundation (LCIF).
The main focus of the Charity is related to the collection and consolidation of donations from Lions Clubs in response to appeals launched by Lions Clubs International Foundation (LCIF). LCIF is the grant-making arm of Lions Clubs International with a mission to support the efforts of Lions clubs worldwide in serving communities locally and globally.
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LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST) Charity Reg. No. 283799
TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 30 June 2023 (continued 2)
LCIF is a public, non-profit, tax-exempt corporation under the provisions of Section 501(c) (3) of the Internal Revenue Code (IRC) of 1986, as amended. Incorporated in 1968 in the United States as the charitable arm of Lions Clubs International.
In 2018 LCIF celebrated 50 years of empowering Lions to make a profound difference. To date over 20,000 grants (US$1.2bn) focused on: Vision, Youth, Disaster Relief and Humanitarian Programmes awarded.
LCIF Empowering Service offers an opportunity to increase service impact in the areas mentioned, fight diabetes and expand global causes to include Hunger, Childhood Cancer, and Environmental Issues.
LCIF will treat donations received for international disasters as funds for the identified country concerned as indicated by the donor, and only designate them to another disaster when there is no further need in that country as determined by the local Lions Disaster Relief Committee.
A Memorandum of Understanding signed 23[rd] July 2020 between Lions Clubs International Foundation (LCIF), MD105 and Moorfields Lions Korle Bu Trust (MLKBT) specified donations restricted for the Ophthalmic Surgical Training Programme in Ghana be held by the MD105 Appeal Fund ended 30[th] June 2022. Final Balance held in the account will be transferred to MLKBT when requested by LCIF.
In November 2020 a Master Agreement between Lions Clubs International Foundation (LCIF) and MD105 Appeal Fund was signed formally agreeing the process, as previously described, for the collection and management of funds on behalf of LCIF.
Financial Review, Achievements , and Performance
The income of the Trust reflects additional funds collected in response to LCIF major Disaster Relief Appeals in Turkey, Syria, and Pakistan.
Income: £ 562,060.14 (£757,182.39) Expenditure: £558,626.83 (£794,270.50)
Public Benefit
The Charity meets the definition of a public benefit entity under FRS102. The main benefits result from disaster relief and humanitarian work of LCIF. Benefits relate to the main aims of the Charity. Beneficiaries are members of the public both within the UK and Internationally.
Reserves – funds held are restricted.
Future Plans
The trustees plan to continue to operate as outlined, particularly responding to LCIF quickly and funds passed to them expeditiously.
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LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST) Charlty Règ. No. 283799 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 Jun• 20231conllnued 3) Trust8tt' Ro•ponslbilitiM in rnlatlon to th• flnancial stst•mgnts. Charity law requires the trustees to preparé financ statements for financial year whid) show a t and fair view of the stal8 of affairs of the charity and financ4al activitles during the yew and of ils finana81 po¥ilion at end of the year. In preparirYJ ts stataff1. the TnJsle8s are raquirad to.. • 88le¢t suitablo acCnn9 polic$ and aFply cmsistentty. • obsorve the melhods and princiF4es of the Charit$ SORP • make judgements and estim8le$ that are reasonable and Fwudenl. • slate whether applirAbTr8 accounlifvj slandwds and ststom8nls of recornmendgd practlc8 have beon followed, subject toany malarial dep¥iures disclosed and expl8in8d in tha acwunls. • pr6pare the financial slat8m8nt$ on tho going concem basis unless it 1$ inappropnate to presume that the Charity will continue in(wall. The Tru8lee8 we rg8Fxxsiblo fty koepThJ woper a(x0lIng roctyds that di8cb8a W¢th reasonable aceJJracy al any time the financi81 positi'cffl of the Chanty and wfiich enabfe them lo asc4rtain lh8 financial position of the tharily anabling them lo ensurfr Ihal tho financial statements comply tho roquir8m6nl6 of Ch8rity18w and regulation8 gnd the provigons of th8 Trust deed. TfU$toe$ arè 8180 responsibl8 for s8f8guarding I ass8ts of the Iru8t hence ICK tthng reascrfm8 steps frK wovertion 8fvJ deteOn of fraud and other irTegularilie8. The trustees are responsible f(x ts moint8nwt4 and inlewity of the Chwty. Approved by tho TNst688 c 16 oaDkyg028 and signod on tr behaw by PID Geoff Leed8r Ch8lr of Trusteos PID Phil han Vico Chair of TruJtee•
UONS CLUBS Ii¥fERNATK)NAL MULTIPLE DISTRICT 105 APPEAL FUND Ch4rhy Re9. No. 283799 REPORT OF THE INDEPENDEKf EXAIIINER Report cm the aXunts (Athe Tnt fix Ihe y erKlal ) 2023 whxth we set (nrt cffi pages 8 ts) 12. The Trustees ¢oroklerthat an alIt is not requtsj for this year (under sectk)n 144 ofthe Chartts Act 2011 examine the alOUnts under sth 145 of the Charilw Art (underseckn 145 {5)(b) of the Charities h£tl', and Ba•18 ol Ind•pMd•rt Examln•rf$ R•p presented with those rect)rds. It also includes ¢onsidwth of unusual items or disdosufes ff¢ the accounts, provKle all the evtdence that vKMJhJ be tequwed ui an I do not exTxess an athlit opinw)n c {1} Vthich gives me reas(mk Ca lo bell? that In any nrial reyct tr tre$ have nc* met the requirerrtnts to ensure tIMt Proper accwnting recryds are kept lin dan(% with #eciion 130 of ts 2011 Act); and quireffEnts ofthe Aci (21 To whkh attenoon Sh(k1 be dralm in to enabl& a woper understaThJng the arints to be Slgnaturn.. Addr•••: 11 Glen Road Hants GU513QS
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST) Charity Reg. No. 283799
| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023 2023 Unrestricted Restricted notes £ £ INCOMING RESOURCES Voluntary income: Grants & donations 3 561,971.50 Investment Income 4 88.64 TOTAL INCOMING RESOURCES 88.64 561,971.50 RESOURCES EXPENDED Donations and Grants 5 553,766.50 Prior Year Creditors 5 4,843.93 Administration Costs 6 16.40 TOTAL RESOURCES EXPENDED 16.40 558,610.43 Net bank movements Creditor Movements 7 Fund Balances b/f 8 Fund Balances c/f 8 |
2023 Total 561,971.50 562,060.14 553,766.50 4,843.93 16.40 558,626.83 3,433.31 -4,436.07 -1,002.76 19,347.39 18,344.63 |
2022 Total 757,178.30 4.09 |
|---|---|---|
| 757,182.39 | ||
| 792,779.37 1,473.93 17.20 |
||
| 794,270.50 | ||
| -37,088.11 56,435.50 |
||
| 19,347.39 |
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LIONS CLUBS INTERNATIONAL
MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST)
Charity Reg. No. 283799
BALANCE SHEET FOR YEAR ENDED 30th JUNE 2023
| notes CURRENT ASSETS Cash at Bank & in hand RBS deposit RBS Current CAF CREDITORS 7 Net Current Assets ACCUMULATED FUNDS8 Restricted Funds Emergency Fund LCIF Korle Bu Trust Retained Welfare & Misc |
2023 4,372.22 22,052.41 26,424.63 8,080.00 18,344.63 12.01 2,536.67 11,433.24 4,362.71 18,344.63 |
2022 |
|---|---|---|
| 11,788.24 11,203.08 |
||
| 22,991.32 3,643.93 |
||
| 19,347.39 | ||
| 12.01 3,664.43 11,308.24 4,362.71 |
||
| 19,347.39 |
NOTES TO THE ACCOUNTS
1. Accounting Policies
Lions Clubs International MD105 Appeal Fund is registered with the Charity Commission in England and Wales (number 283799).
(a) Basis of Preparation
The financial statements are prepared under the historical cost convention, and in accordance with applicable accounting standards (including FRS102: ‘ The Financial Reporting Standard applicable in the UK and Republic of Ireland ’ , the Charities SORP (FRS102) 2015 (Accounting and Reporting by Charities) and the Charities Act 2011.
These financial statements are prepared in GBP Sterling, which is the functional currency of the Charity. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in these notes.
(b) Incoming Resources
Restricted funds represent donations received for a specific cause. Investment income and Gift Aid are recognised on a receivable basis.
(c) Volunteers and donated services
The value of services provided by volunteers is not incorporated into these financial statements. No Trustee receives any remuneration, payment, or benefits from the Charity, apart from reimbursement of postage, stationery and printing.
2. Taxation
The MD105 Appeal Fund is registered with the Charity Commission for England and Wales and is currently exempt from taxation on income and gains where they are applied for Charitable Purposes.
The MD105 Appeal Fund is registered with HMRC for Gift Aid .
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LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND
(Also known as WELFARE TRUST)
Charity Reg. No. 283799
Notes to Accounts (continued)
| 3 . Voluntary Income Donations LCIF Donations Korle Bu 4. Investment Income RBS HMRC 5. Charitable Activity LCIF Creditors (LCIF) 6. Bank Charges RBS |
Unrestricted Funds £ Unrestricted Funds £ 79.09 9.55 88.64 Unrestricted Funds £ Unrestricted Funds £ 16.40 16.40 |
Restricted Funds £ 561,846.50 125.00 561,971.50 Restricted Funds £ Restricted Funds £ 553,766.50 4,843.93 558,610.43 Restricted Funds £ 0.00 |
TOTAL 2023 561,846.50 125.00 561,971.50 TOTAL 2023 79.09 9.55 88.64 TOTAL 2023 553,766.50 4,843.93 558,610.43 TOTAL 2023 16.40 16.40 |
TOTAL 2022 £ 757,178.30 |
|---|---|---|---|---|
| 757,178.30 | ||||
| TOTAL 2022 £ 4.09 |
||||
| 4.09 | ||||
| TOTAL 2022 £ 792,779.37 1,473.63 |
||||
| 794,253.00 | ||||
| TOTAL 2022 £ 17.20 |
||||
| 17.20 |
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| 7. Creditor Movements | Unrestricted | Restricted | TOTAL | TOTAL |
|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |
| £ | £ | £ | ||
| Paid | -4,843.93 | -4,843.93 | ||
| Current | 8,080.00 | 8,080.00 | ||
| Adjust double payment | 1,200.00 | 1,200.00 | ||
| 4436.07 | 4436.07 |
8. Movement in Funds
| Opening 4 Interest 6 Bank Charge 7 Transfer 3 Gift Aid |
Emergency Fund £ 12.01 12.01 |
LCIF £ 3,664.43 88.64 -16.40 -1,200.00 2,536.67 |
Welfare & Misc £ 4,362.71 4,362.71 |
Retained Korle Bu £ 11,308.24 125.00 11,433.24 |
TOTAL £ 19,347.39 88.64 -16.40 -1,200.00 125.00 |
|---|---|---|---|---|---|
| 18,344.63 |
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| 2022 - 2023 LCIF INCOME BY DISTRICT/CATEGORY | |||||||||||||
| Note 3 | |||||||||||||
| District | Korle | Undesignated | Childhood | Diabetes | Disaster | Disaster | Disaster | Disasters | Emp. Service | Humanitarian | Sight | District | |
| Bu | AOGN | Cancer | Relief Fund | Pakistan | Turkey-Syria | (other)* | Hunger | Water | Vision | TOTAL | |||
| MJF | Youth | Environment | |||||||||||
| Corp.Plaque | |||||||||||||
| A | 23,598.00 | 4,060.00 | 1,750.00 | 1,000.00 | 9,426.00 | 27,497.00 | 9,761.43 | 2,877.00 | 611.64 | 2,500.00 | 83,081.07 | A | |
| CE | 6,433.80 | 685.00 | 3,971.75 | 8,836.28 | 37,049.55 | 13,607.61 | 70,583.99 | CE | |||||
| CN | 4,058.00 | 500.00 | 3,912.00 | 9,750.00 | 33,917.96 | 6,038.31 | 800.00 | 950.00 | 1,500.00 | 61,426.27 | CN | ||
| CW | 125.00 | 5,350.00 | 51,913.72 | 10,751.00 | 10,106.00 | 9,858.25 | 88,103.97 | CW | |||||
| N | 5,246.99 | 1,680.00 | 10,317.71 | 47,088.97 | 9,275.11 | 200.00 | 300.00 | 74,108.78 | N | ||||
| SC | 350.00 | 15,250.00 | 9,700.00 | 36,060.41 | 11,845.55 | 500.00 | 73,705.96 | SC | |||||
| SE | 950.00 | 5,590.00 | 11,646.96 | 20,887.48 | 19,052.61 | 2,100.00 | 250.00 | 60,477.05 | SE | ||||
| SW | 50.00 | 5,450.00 | 8,520.00 | 23,952.00 | 5,522.41 | 100.00 | 43,594.41 | SW | |||||
| MD105 | 6,200.00 | 190.00 | 500.00 | 6,890.00 | MD105 | ||||||||
| TOTAL | 125.00 | 52,186.79 | 5,295.00 | 1,750.00 | 88,767.47 | 78,947.95 | 236,559.37 | 85,151.28 | 3,977.00 | 4,161.64 | 5,050.00 | 561,971.50 | TOTAL |
| INT | 88.64 | INT | |||||||||||
| 562,060.14 | |||||||||||||
| District | Undesignated | Childhood | Diabetes | Disaster | Disaster | Disaster | Disasters | Emp. Service | Humanitarian | Sight | District | ||
| AOGN | Cancer | Relief Fund | Pakistan | Turkey-Syria | (other)* | Hunger | Water | Vision | TOTAL | ||||
| MJF | Youth | Environment | |||||||||||
| Corp.Plaque | |||||||||||||
| Disasters(other)* | 85,151.28 | ||||||||||||
| Florida | 1,700.00 | ||||||||||||
| Hurricane | 3,800.00 | ||||||||||||
| Madagascar | 300.00 | ||||||||||||
| Mississippi | 3,200.00 | ||||||||||||
| Puerto Rico | 11,850.00 | ||||||||||||
| Ukraine | 64,301.28 | Major Appeal 2021-2022 |
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