LIONS CLUBS INTERNATIONAL MD105 APPEAL FUND (Also known as WELFARE TRUST) Charity Reg. No. 283799 Trustee Report and Financial Statements for the year ended 30 June 2024
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST Charity Reg. No. 283799 CONTENTS Pa Referen and Administration Trustees Report Independent Examinerfs Report Statement of Financial Activities Balance Sht Notes to the Accounts 9-12
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND {Al$o known as WELFARE TRUSD Charity Reg. No. 283799 REFERENCE AND ADMINISTRATIVE INFORMATION Status." Registered under a Declaration of Tnjst dated 1 September 1981 (Amended by Resoluli)n 28 Juty 2017 and 2310 October 20201 CharFty No. 283799 Trustees: Geofftey Leeder Philip C Nathan MBE "nda Picton Cardine Macdonald David Pope Correspondent: Linda Picton 1 Silverdale FIt Hampshire GU52 T Objects of the Charity: To further the relief ot F#)verty. distress. and sickness. No defined area of benefit. Invgstment powers: In any investment authorized by law for the investrYEnt of trust nds. Bankers: The Royal Bank of Scottand pk, Holts FamtKtrrough Branch Lawrie House,Vthria Road. Famborough GU14 7NR Independent Examiner: hn Christopher Geering FIFA 11 Gn Ro Hants GU513QS
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 10S APPEAL FUND (Also known as WELFARE TRUST) Charity Reg. No. 283799 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 June 2024 Structure. Gov¢rnance and Management The Trust is an unincorporated tTUS[ constEtuted under a trust deed dated 1st September 1981 and registered with Charity Commission England and Wates Registration Number283799. The Trust was set up with the prinE puw of conSolalIng donations r1ved from clubs in the Lions Clubs Intemational. Multiple Distn"ct 105 (The Brrtish Istes and wrth effect 1st 2019 dNided into 8 district51. To pay over to the nominated beneficiaries a5 specIfd by the clubs in resFX)nse to appeals made by the Multiple District and Lions Clubs IntefflaliaI. Over recent times the Charity has been focused on raisinglcollecting fvnds for Lions Clubs 1ntemab.onal Foundats'on {LCIFI. The Tnjst does not direcdy fundraise other than from clubs. The Emergency Fund was set up in 1991 for the relEf of suffering resulting from any accident ordisaster within the Multiple Districl or from an accident affecb.ng anyone in the Mutt1p District. The balance of this fvnd was fully ub'lized to provide grants to clubs to assrst local communrties during pandemic. Grants were administered by LCI MD105 Foundatbon. Minor balance {£12.01) retumed MD105 Appeal Fund general fund June 2024. Appointment of Trustees The power of appointing new trustees is vested in the surviving or continuing trustees for the time being in accordance wtth the stalutory power of appointment of rEw trustees. The Tnjst Deed as amended October2020 prov¢des for 7 trustees. Induth"on and ongoing training are offered to all appointed Trustees. An annual meetrng of the trustees is held at a convenient MD Lions functK)n and there are other interchange communications via zoom, telephone or email in connect approval of accounts and decision making etc. All decisions are made by the trustees. Governing Document A resolution passed by the tmslees on 28 Juty 2017 The Trustees shall arrange an external scrutiny of the annual ae¢ounls which complies with statutory provisions" effecbvety this allows an independent examination. Resolution notified to the Chartty CommissK)n and noted as an amendment to the governing duMent. A resolution passed by the TnAslees on 23rd OCtor 2020'Amendments to Paragraph 4 Power ofTruslees". Effectively this increased number of Trustees to 7 Isevenl." agreed quorum would be 4 Trustees" set appointment period and reappointrrEnt crtteria for Trust.. confimied officers to be elected by Trustees., confirmed Trustee meetings may be held by sultate electronic rrEans. Resolut'on notified to the Chanty Commission and noted as an amndent to the goveming document. Risk Management The trustees a¢livety revi&v major risks and believe that review of key financial systems together with operational and busine nsks faced by the Charity will allow for sufficient resources in the event of adverse conditions. The Truslees agreed that Bank Accounts t reguLqrly reved to accommodate addrtional fijnds and to keep within the Financial Servi$ ComFensation Scheme Threshold. Objectives and Activitigs The objectives of the Charity are the relief of poverty. distress. and sthiess. From iptiOn supportwas given foreducalion Kmjrposes and forthe suppty of safe water in various overseas locations. LCI MD105 Foundation Reg. No.1164711 now has responsibilty for pro1ts that are outside the pe of Lions Clubs Internakn'onal Foundation ILCIF). The main f(uS of Ihe Charty is related to the collectM)n and consolidation of donations from Lions Clubs in respon to appeals launched by LnS Clubs Intemational Foundat (LCIF). LCIF is the grant-making am of Lions Clubs 1nternats.onal with a misston to support the efft)rts of kn.ons dubs worl¢hvide in seThing communities locally and globally.
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND {Also known as WELFARE TRUS Charity Reg. No. 283799 TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 June 20241continued 2) LCIF is a public, non-profrt, Xernpt cortK)rab"on under the provisions of SeLtion 5011 {3} of the Internal Revenue Code {IRCI of 1986. as amended. Inco¥poTated in 1968 fft the United Slates a5 the charitable arm of Lions Clubs Intemational. In 2018 LCIF celebfaled 50 year5 of empowenng LnS to make a profound difference. To date over 20,000 grants IUS$1.2bnl focused on: Vtsion. Youth, Disaster Relief and Humanitsrian Programmes awarded. LCIF Empowering Service offers an opportunity to increase Se impact in the areas mentioned, fight diabetes and expand gk)bal causes lo include Hunger. ChiklhocKI Cancer. and Environmental Issues. LCIF will Ireal donations received for intemational disasters as funds for the identsfied county con¢emed as indicated by the donor, and only designate them to another disaster when there is no ftjrther need in that country as detemiined by the local Lions Disaster Relief Comm¢ttee. A Memorandum of Understanding sned 23rd Juty 2020 betsn LK)ns Clubs Intemational Foundatson ILCIFI, MD105 and Moorfields Lions Korte Bu Trust IMLKBT} spEctfied donth.ons restn.cled for the Ophthalmic Surgical Training Programme in Ghana be held by the MD105 Appeal Fund ended June 2022. Final Balan held in the account will be transferred to MLKBT when requested by LCIF. In November 2020 a Master Agreement belween Lions Clubs Intemational Foundation {LCIF) and MD105 Appeal Fund was sned formalty agreeing the process, as prevK)usty described, for Ihe collection and management of funds on behalF of LCIF. Financial Review. Achievernents, and Perforniance The income of the Trust reflects funds CA)Ilected in response to LCIF Appeals for major disasters and core proiects. LCIF Income: £ 362.060.78 {£561,971.50) Expendtlure £ 382.101.951£558.610.431 Other Income: £ 490 Expendrture.. £ 490 (Gift Aid induded in LCIF InfX)fTE by category £ 1.09S.SOI Investment income and Gift Aid are recognised on a receNable basis. The trustees are mindful of their respon&bilities and have due regard for relevant Charity Commission guidance. Public Benefit The Chanty 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. Benefficiaries are members of the public toth within the UK and Intemationalty. Reserves- funds hekl are restr. Future Plans The trust5 plan to conb.nue to operate as ouuined. palaty responding to LCIF quickty and funds passed to them expedth"ousty.
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 2024 (continued 3) Trustges, Responsibilitles In relation to the financial statements. Charity law requires the Injstees to prepare ffnancial statements for each financial year which show a true and fair view of the state of affairs of the charity and finanryal activits'es during the year and of its financial posthon at the end of the year. In preparing the slatement, the Trustees are required lo= select suitable accounting [AlcIeS and apply them consislently. obsetve the meth(Kls and principles of the Charities SORP make judgements and estimates that are reasonable and prudent. stale whether applicable accounting standards and statements of recommended practice have been followed. subject toany material departures disdosed and explain&J in the accounts. • prepare the financial statements on the goirNJ COnM basis unless it is inappropriate to presume that the Charity will conts.nue inoperalion. The Trustees are responsible f( keeping proper accounting records that disclose wrth reasonable accuracy at any time the financial posrtion of the Charty and which enable them to ascertain the financial position of the chanty enabling them to ensure thal the financial statements Gomply with the requirements of Charity law and regulations and the provisions of the Trust deed. Trustees are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and delection of traud and other irregulartb'es. The trustees are responsible for Ihe maintenance and integrity of the Charity. Approved by the Trustees on and signed on their behalf by C/ L£ob_ PID Geoff Leeder Chair of Trustees PID Phil Nathan MBE Wice Chair of Trustees
LIONS CLUBS I1ERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST Charity Reg. No. 283799 REPORT OF THE INDEPENDENT EXAMINER To the Trustees Lions Clubs International Muttiple District 105 Appeal Fund Report on the accounts ofthe Trust for the year ended 30 June 2024 which are set out on pages 8 to 12. The Charity was registered wth the Charty Commission England and Wales September 1981. The Trustees consider that an audit is not required for this year {under seth.on 144 of the Charities Act 2011 (The Act) and that. by its constrtution, an independent examination is required. The chartty's trustees are responsible for the preparab.on of the accounts. 11 is my responsibilty to.. examine the accounts under sectk)n 145 of the charrb.es Act. to follow the prOtIre5 laid down in the General Directions given by the Charity CommissDn {undersectton 145 (5llbl of the Chanbes Act}; and to state whether parb"cular matters have come to my attention. Basis of Independent Examine$ RepoTL An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wrth those records. It also includes (x)nsKleration of any unusual items or disclosures in the accounts, and seeking explanations frn you as trustees conceming any such matters. The procedures undertaken do not provide all the eviden that woukl be required in an audiL and consequenty I do not express an audit opinion on the view given by the accounts. Independent Examinerfs Statement In the course of my examination, no matter has come to rny attention". {1} Which gives me reasonable cause io believe that in any material respect the tTusiees have not met the requirements to ensure that Proper accounting records are kept {in accordance with sectr)n 130 of the 2011 Act}; and Accounts are prepared whh agree with the ac£ounb"ng records and comply with the accounting requirements of the ACL" or 121 To which attenbon should be drawn in order to enable a proper underslanding of the accounts to be reached. Signature: Date: a OL¥obJ Name of Examiner. John Ch pher Geenng Qualification: Fellow Instrtute Financtal ttntants Address: 11 Glen Roal Fleet Hants GU513QS
LIONS CLUBS IFifERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUSTI Charity Reg. No. 283799 STATEMENT OF FINAIKIAL ACTMTIES FOR THE YEAR ENDED 30 JUNE 2024 2024 INCOMING RESOURCES Voluntary income.. Grant5 & donab"on5 Investr¥al In(x)me 361.YJ7.91 361,937.91 62.87 62.87 TOTAL INCOMING RESOURCES 62.87 361.997.91 362.060.78 RESOURCES EXPENDED Donations and Gnts LCIF 362.(P37.91 11.913_64 8,080.( 362.097.91 11,913.64 8,080.00 10.40 Moorfields Korfe Bu Piioi Year Cieditois Administr8b"on Costs 10.40 TOTAL RESOURCES EXPENDED 10.40 382.091.$5 382.101.95 Net bank movements -20,041.17 8,080.¢J) -11,S61.17 18.344.63 6,383.46 Crg(Aitor Movements Fund BrKe$ M Fund Baarw cjf STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2023 2023 2023 Unr85tiict8d TLI note INCOMING RESOURCES VolLtntsry income". Grants & ¢kJnations s61,971.1 561,971.50 88.64 InvestrTEnt Inry)wne TOTAL INCOMING RESOURCES 88.64 S61.971.SO $62,060.14 RESOURCES EXPENDED Donations and Grants LCIF 553.766.S) 553.766. Mwrfields Korfe Bu Prior Year Creditors Adrninistration Costs TOTAL RESOURCES EXPENDED 4.843.93 4.843.93 16.40 16.40 16.40 558.610.43 558 626.83 Nel bank movements 3,433.31 4,436.07 -1.002.76 19,347.39 18,344.63 Creditor Movements Fund BalatKes blf Fund Balances clf
LIONS CLUBS INTERNATK)NAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known a$ WELFARE TRUSTI Charity Reg. No. 283799 BALANCE SHEET FOR YEAR ENDED 30TH JUNE 2024 2024 2023 notes CURRENT ASSETS Cash al Bank & in hand RBS deposit RBS Current 4,425.58 1.957.88 4,372.22 22,052.41 6,383.46 26.424 63 Credltors 8.080.C(J Debtor 1(K).(K) Nel Current Assets 6.483.46 18.344.63 ACCUMULATED FUNDS RestrNe Funds Emergency FurKi LCIF 12.01 2.120.75 2.536.67 11.433.24 4.W2.71 K0e Bu Trust Retaingj Welfare & Misc 4.3F2.71 6.483.46 18.344.63 NOTES TO THE ACCOUNTS 1. Accounting Policies Lions Clubs Intemational MD105 Appeal Fund is registered with the Charity Commissn in ErKJland and Wales Inumber2837991. (al Basbs of Preparation The financial stalemenls are prepar8Y under the historKal cost convention. and in aC£Ordan wf(h applicable accounting standards (including The Financial Reporting Standard applicable in the UK and Republic of Ireland, the Charibes SORP IFRS102} 2015 (Accounting and Reporting by Charities) and the Charities Act 2011. These financial statement5 ate prepare(l in GBP Slerting. which is the tKInal cuffency of the Charity. Assets and liabilities are initially recc¥Jnised at historic cost or transaction value unless otherwise stat&J in these notes. {b) Incoming Resources Restricled funds represent donatn5 r1ved for a specik cause. Investment income and Gift Atd are recognised on a re1vable basis. {c) Volunteers and donated services The value of services provided by volunteers is not inc(ffPOTated into these financial statements. No Tnjslee receives any remuneration, paymenL or beneffts from the Chanty. apart from reimbursement of postsge, stationery and pnntsng. 2. Taxation The MD105 Appeal FurKI is registered with the Charity Commission foi Englarmj and Wales and is c#Jrrently exempt from taxation on income and gains where they are aPled for Chantable Purposes. The M0105 Appeal Fund is registered wth HMRC for Grft AKI.
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND {Also known as YLFARE TRUST) Charity Reg. No. 283799 Notes to Accounts Icontlnuedl 3 . Voluntary Income Unrestricled Funds Restricted Funds TOTAL 2024 TOTAL 2023 Donations LCIF Donations Korle Bu 361,997.91 361,997.91 561,846.50 125.00 361997.91 361 997.91 $61.971.50 4. Investment Income Unrestrlcted Restricted Funds Funds TOTAL 2024 TOTAL 2023 RBS 62.87 62.87 79.09 9.55 62.87 62.87 88.64 Charitable Acts¥ity Unrestricted Funds Restricted Funds TOTAL 2024 TOTAL 2023 LCIF Creditors ILCIF) 362,097.91 8.080.00 362,097.91 8.080.1XI 553.766.50 4,843.93 370.1TI.91 370.1TI.91 558.610.43 6. Bank Charges Llnrestricted Funds Restricted Funds TOTAL 2024 TOTAL 2023 RBS 10.40 10_40 16.40 10.40 10.40 16.40 7. Credltor Movements Unrestricted Reslricted TOTAL 2024 TOTAL Funds Funds 2023 Paid Current Transfer double pay .8.080. .8.080. 4843.93 8,080.00 1,200.00 4,436.07 .8.08Q(Xl -8,080. 10
LIONS CLUBS INTERNATIONAL MULTIPLE DISTRICT 105 APPEAL FUND (Also known as WELFARE TRUST) Charity Reg. No. 283799 Notes to Accounts (continued 8. Movement in Funds Emeryency Fund Weffare & Misc Retained LCIF Korle Bu TOTAL Opening Interest Bank Charge Transfer Paid 12.01 2,536.67 62.87 -10.40 468.39 4,362.71 11.433 24 18,344.63 62.87 -10.40 -12.01 480.40 -11,913.64 -11,913.64 2.120.75 4.362.71 6.483.46 11
1111111111 . Illllllll: 1111111 1111111111