2023-12-31-accounts

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St. Lazarus Charitable Trust

ANNUAL REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] DECEMBER 2023

Trustees Annual Report ....................................................................................................................... 2 - 8 Financial Statements .......................................................................................................................... 9 - 15 Independent Examiner's Report .............................................................................................................. 16

St. Lazarus Charitable Trust

ANNUAL REPORT OF THE ST. LAZARUS CHARITABLE TRUST FOR THE YEAR ENDED 31[st] DECEMBER 2023

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity: The St. Lazarus Charitable Trust Registered Charity No: 286918 A Registered charity in England & Wales Principal Office: Gareth Vaughan GCLJ Flat 2 The Glove Factory Montacute Road Tintinhull Yeovil Somerset BA22 8SL Tel/Fax: 01935 826723 Email: ewsecretary@gmail.com Website: www.stlazaruscharitabletrust.org.uk Trustees: who have served from 1[st] January 2023 until the date this report was approved are: Timothy P Abraham Charles J P Betz Ivar A R J Grey Roger C Hirst (Chair) David Knox John A Reid until 30[th] November 2023 Patrick W T Wilkins Bankers: Lloyds. Independent Examiner: Mr C Brown BFP FCA ATT, Ingalls, Chartered Accountants, Kendal. LA9 7RL

STRUCTURE, GOVERNANCE AND MANAGEMENT

The St. Lazarus Charitable Trust was established as an unincorporated charity by a deed dated 1[st] March 1983. The Trust was subsequently amended by deeds dated 10[th] September 1998 and 28[th] May 2001.

The St. Lazarus Charitable Trust is registered with the Charity Commission for England & Wales, Registered Charity number: 286918.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Trustee Recruitment and Appointment

The trustees, who served throughout the year or in part and legal status, are summarised on page 2. Initially, trustees are elected for a term of three years. They can be re-elected for a further term of three years but after a period of six years as a trustee they must stand down.

Organisational Structure

The Charity has a board of trustees that currently meets three times a year and is responsible for the strategic direction and policies of the Charity.

OBJECTIVES AND ACTIVITIES

The Objects of The St. Lazarus Charitable Trust are the relief of poverty and sickness, the relief of disabled and the advancement of the Christian religion, and in particular:

Relief of persons suffering from leprosy.
Relief of the aged.
Relief of victims of disaster and war.
Advancement of the Christian Faith.

ACHIEVEMENTS AND PERFORMANCE

Review of the year

During the year, the trustees met on three occasions.

Trustees

There has been one change in the members of the Board of Trustees during the last twelve months. In accordance with the six-year rule of the terms of office of trustees, John Reid stood down as a trustee at the end of November.

Financial Review

The Trust’s income this year from donations was down from the previous financial year, being £56,997 (2022: £83,940) . The Trust reclaimed Gift Aid from HMRC £9,219 (2022: £8,613).

Investment income of £20,180 (2022: £18,499) was received during the year from listed investments and bank interest. In total, income of £86,394 (2022: £111,053) was received during the year.

The Trust received regular contributions from 32 members throughout the year, amounting to £6,920 (2022: 33 members contributed £5,120) . In addition, 47 members made contributions of £8,804 (2022: 58 members £8,832) to their respective Commandery SLCT funds held by the Trust.

During the year the Board approved an immediate payment of £15,000 on humanitarian grounds to the HM Government Disaster Emergency Committee Turkey-Syria Earthquake appeal.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

During the year the Trust made the following grants from its funds.

Summary of grants paid by the Trust:

The Leprosy Mission of England & Wales – Registered Charity No: 1050327 £30,799.00 Premananda Hospital, India

This was the third year and final year funding a project to treat and rehabilitate people affected by leprosy. This includes treating those with leprosy, the provision of vital reconstructive surgery to restore mobility and eyesight, protective footwear to prevent further injury, health education and teaching people how to live with the effects of leprosy.

The Leprosy Mission of England & Wales – Registered Charity No: 1050327

£24,000.00

World Leprosy Day Appeal - Dare to Dream: Zero Leprosy in Ethiopia.

Dare to Dream will introduce a new model to prevent leprosy transmission, and train and equip healthcare workers to diagnose, treat and refer patients to specialist services.

Disaster Emergency Committee – Registered Charity No: 1062638

£15,000.00

To assist with the humanitarian care and welfare of those caught in and displaced by the earthquake on the Turkey-Syria border.

EMMS International – Registered Charity No: SC032327

£10,000.00

To assist in the detection, care of and treatment of leprosy patients in Nepal.

The funding to provide treatment and rehabilitation by providing funding at Green Pastures Hospital Pokhara for 1 year, and 6 months at Shining Hospital, Banke, and 6 months at Shining Hospital, Surkhet for 6 months. The funding also enabled a two-day leprosy detection outreach camp.

ActionAid – Registered Charity No: 274467

£ 1,600.00

To assist with the humanitarian care and welfare of those caught in and displaced by the earthquake in Morocco.

The following Commanderies made the contributions listed below to the above Trust appeals:

Commandery of Cumbria
SLCT – Grand Priory World Leprosy Day Appeal	£ 500.00
Commandery of King Offa
SLCT – Grand Priory World Leprosy Day Appeal	£ 825.00
SLCT – DEC Turkey-Syria Earthquake Appeal	£ 500.00
Commandery of Rose d’Or
SLCT – Grand Priory World Leprosy Day Appeal	£ 750.00
Commandery of Sussex
SLCT – Grand Priory World Leprosy Day Appeal	£ 500.00
Commandery of The Marches
SLCT – Grand Priory World Leprosy Day Appeal	£ 500.00
SLCT – DEC Turkey-Syria Earthquake Appeal	£ 300.00

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

In addition to the distribution of grants by the Trust, Commanderies made grants to provide funds for the general activities of the following charities. These donations were paid through the Trust accounts:

Commandery of Avalon
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 200.00
Commandery of Cumbria
The Leprosy Mission – Rainbow Childrens Home, India.	£ 125.00
The Leprosy Mission – Sylhet Tea Plantation, Bangladesh	£ 222.00
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 262.50
Dignity in Dementia CIC – Reg. CIC No: 08953273	£ 150.00
Commandery of John of Gaunt
St Lazarus Charitable Trust - Registered Charity No: 286918	£ 2,500.00
Commandery of King Offa
The Leprosy Mission	£ 500.00
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 1,343.75
Nepal Leprosy Trust – Registered Charity No: 1081952	£ 500.00
University Medical Student Elective Bursary	£ 1,000.00
Commandery of London and Westminster
Samburu Trust – Eyecamp Appeal. Registered Charity No: 1109421	£ 300.00
Commandery of Mersey
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 231.25
Commandery of Sussex
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 968.75
Sussex Hospices	£ 3,000.00
Commandery of The Marches
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 556.25
Commandery of Wales
Samburu Trust UK – Registered Charity No: 1109421	£ 2,037.50
Samburu Trust UK – Eyecamp Appeal. Registered Charity No: 1109421	£ 2,681.25
Aid to the Church in Need – Syria Earthquake Appeal Reg. Charity: 1097984	£ 5,030.50
Royal Naval Benevolent Trust – Registered Charity No: 206243	£ 500.00
St Lazarus Charitable Trust – Registered Charity No: 286918	£ 1,000.00

The Trustees consider the Trust’s year-end financial position to be in good health. The Unrestricted fund shows a deficit of £-4,552 (2022: £35,390) on its activities this year, which with its listed investments has assets amounting to £369,731 (2021: £374,283) .

The Restricted funds show a deficit for the year of £-8,175 (2022: £-15,802) with assets of £28,916 (2022: £37,091) still held by the Trust.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

The Endowment fund shows a surplus of £6,494 (2022: £-27,952) for the year.

Future Plans

To respond to natural disasters has always been one of the Trust’s purposes and should demands be repeated, the Trust will be ready to provide support from its reserves.

Reserves and Investment Policies

The trustees keep cash reserves of £20,000 readily available to cover recurring expenses and the funds to enable the charity to respond quickly to worldwide natural disasters.

All Endowment Funds are held in listed investments, except for those received awaiting investment.

Liquid funds in the unrestricted and restricted funds in excess of £100,000 are invested in managed listed investments. At the year-end £63,825 (2022: £80,489) was held being £34,693 (2022: £44,017) unrestricted, £28,916 (2022: £36,472) restricted and £nil (2022: nil ) endowment funds.

The trustees delegate the day-to-day management of the Trust’s listed investments, both unrestricted and endowment fund investments, to professional external investment managers. The Trustees set the investment strategy for the Scheme after taking advice from the Scheme’s Investment Advisers. The Trustees have put mandates in place with their investment managers which implement this strategy.

The Investment managers are remunerated by fees based on a percentage of funds under their management, prior to the quarterly distribution of dividends. There are no performance-related fee arrangements.

Procedures and Policy for Grant Making

Subject to a proposal made to the board, formal applications must be in writing and the trustees consult and receive advice from their external consultants. Grants are usually made in October/November each year but in cases of emergency and disasters grants are made at the appropriate time.

Statement of Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

The Trustees believe that the charity is providing a benefit to the public through its support of local and international charities.

The Trustees confirm that they have complied with their duties under Section 17 of the Charities Act 2011 regarding the public benefit.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Risk Assessment

The Trustees have assessed the charity’s exposure to major risks, particularly those related to the operations and finance of the Charity. The Trustees are satisfied that systems are in place to mitigate exposure to major risks. External risks include the loss of funding and the effects of this have been minimised by the procedures in place, which have resulted in secured funding from a variety of sources.

The Charity continues to seek to diversify its funding sources. Internal risks are minimised by the implementation of procedures necessary to ensure the proper authorisation of all transactions and projects and consistent delivery of all operational aspects of the Charity. These procedures are reviewed periodically to ensure that they still meet the needs of the Charity.

ACCOUNTING AND REPORTING RESPONSIBILITIES

The Trustees are responsible for preparing financial statements for each financial year, which give a true and fair view of the St. Lazarus Charitable Trust’s financial activities during that year and of its financial position at the end of the year. In preparing those financial statements, the Trustees should follow best practice and:

select suitable accounting policies and then apply them consistently.
make judgements and estimates that are reasonable and prudent.
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and
prepare the financial statements on a going concern basis unless it is inappropriate to presume that The St. Lazarus Charitable Trust will continue in operation.
keep accounting records which disclose with reasonable accuracy at any time the financial position of The St. Lazarus Charitable Trust and enable it to ensure that the annual financial statements comply with the Charities Act 2011; and
safeguard the assets of The St. Lazarus Charitable Trust and take reasonable steps for prevention and detection of fraud and other irregularities.

Statement of Trustees' Responsibilities and going concern

The accounts are not subject to statutory audit; therefore, a full statement of Trustees’ Responsibilities is not required. In preparing these financial statements, the Trustees are satisfied that they have given a true and fair view of the Charity for the year and intend to continue on a similar basis for the current year.

Going concern

The Trustees confirm that the accounts are prepared on a going concern basis, having considered all relevant information for at least the next twelve months about the future of the charity. In the Trustees’ view, there are no material uncertainties which may cast significant doubt on the ability of the Charity to continue as a going concern.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Independent Examiner

The Trustees appointed Mr C Brown BFP FCA ATT of Ingalls, Chartered Accountants in Kendal as the Independent Examiner and confirm that he is reappointed until further notice.

This Report was approved by the Trustees on the 11[th] June 2024 and signed on their behalf by:

Roger Hirst KCLJ CMLJ Chair of Trustees

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Statement of Financial Activities

The notes on pages 11 to 15 form part of these financial statements.

Note
Incoming Resources
3
Donations and legacies
Investments
Total Incoming Resources
3
Resources Expended
4
Charitable Activities
Governance Costs
Total Resources Expended
4
Net Income/(Expenditure)
before investment
gains/(losses)
Gains/(Losses) on revaluation
of Investment assets
5
Gains/(Losses) on disposal of
Investment assets
Gross Transfers between
Funds
Net movement in Funds
Reconciliation of Funds
Total Funds brought forward
at 1stJanuary
10
Total Funds carried forward
at 31st December
10

Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2023
Total Funds
2022
£
£
£
£
£
36,858
29,358
-
66,216
92,553
17,464
-
2,716
20,180
18,499
54,322
29,358
2,716
86,396
111,052
76,399
24,659
-
101,058
113,824
2,560
-
-
2,560
2,230
78,959
24,659
-
103,618
116,054
(24,637)
4,700
2,716
(17,221)
(5,002)
4,494
-
6,493
10,987
(693)
-
-
-
-
(2,669)
15,591
(12,875)
(2,716)
-
-
(4,552)
(8,175)
6,493
(6,234)
(8,363)
374,283
37,091
110,054
521,429
529,792
369,731
28,916
116,548
515,195
521,429

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Balance Sheet as at 31[st] December 2023

Notes Fixed assets Listed investments 5 Current assets Debtors 6 Short term deposits 7 Cash at bank 7 Creditors:amounts falling due within one year 8 Net current assets/liabilities Total assets less current liabilities Creditors:amounts falling due after one year Total net assets or liabilities 9&10 Funds of the Charity 9&10 Endowment funds Restricted funds Unrestricted funds Total Funds	Unrestricted Restricted Endowment Total Funds Total Funds Funds Funds Funds 2023 2022 £ £ £ £ £ 335,037 - 116,548 451,585 440,598
	- *440,598* 421 503 - 924 1,242 35,402 28,413 - 63,815 80,023 10 - - 10 466
	35,833 28,916 - 64,749 *81,731* 1,140 - - 1,140 900
	34,693 28,916 - 63,609 *80,831*
	369,731 28,916 116,548 515,195 *521,429*
	- - - - -
	369,731 28,916 116,548 515,195 *521,429*
	- - 116,548 116,548 110,054 - 28,916 - 27,997 37,091 369,731 - - 370,650 374,283
	369,731 28,916 116,548 515,195 *521,429*

The notes on pages 11 to 15 form part of these financial statements.

This Report was approved by the Trustees on the 11[th] June 2024 and signed on their behalf by:

Roger Hirst KCLJ CMLJ Chair of Trustees

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2023

1 ACCOUNTING POLICIES

1. Basis of Accounting

The accounts have been prepared based on historic cost in accordance with:

a) applicable accounting standards,
b) the FRS 102 Charities SORP (The Financial Reporting Standard applicable in the UK and Republic of Ireland) (effective 1[st] January 2015) and
c) the Charities Act 2011

2. Accounting policies

a) The charity is registered with HMRC for Gift Aid, under reference number XR26112. Gift Aid claims are to be made on behalf of the charity for all relevant available years.
b) Expenditure on grants is recognised once the Trust has made an unconditional commitment to pay the grant and this is communicated to the beneficiary or the grant has been paid, whichever is the earlier.
c) Other expenditure is included in the accounts on an accrual basis.
d) Unrestricted Funds are those which the trustees have power to distribute for the charitable purposes of the Trust and include the Designated Funds. The latter consists of amounts temporarily allocated by the trustees either for a specific purpose, or for purposes under consideration and are shown as individual funds within the accounts.
e) Restricted Funds are those which have a restriction placed upon them by the original donor. Some funds are those raised by local supporters via their Commanderies, and/or by a general appeal by the Trustees of the Trust where specific requests have been made to support specific projects by the trustees. The remaining amounts will be distributed in accordance with the donors' wishes.
f) Endowment Funds are those of which the trustees have no power to or have decided not to apply the capital, but only the income arising therefrom, towards the charitable purposes of the Trust. These funds are currently invested in Newton Global Growth & Income fund managed BNY Mellon Fund Managers Limited.
g) Investments are revalued as at 31[st] December annually at their market value and any gains or losses recognised in the accounts.
h) Income from investments and interest are included in the accounts when received and when the amounts can be measured reliably.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

i) The Trust is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
j) The accounts have been produced on a accrual’s basis.
k) No Trustee received any renumeration, reimbursement of expenses or benefits from the Trust.
l) The Trust does not employ any person and therefore does not maintain a pension scheme fund.
m) Debtors are reported when they are recognised and measured as to the amount recoverable or due to the Trust.
n) Creditors are reported when they are recognised and measured at the amounts expected to be paid or payable by the Trust to a third party.

3. INCOMING RESOURCES

. INCOMING RESOURCES
a Voluntary income Donations Income tax recoverable b Investment income Dividends and interest Total incoming resources . RESOURCES EXPENDED a Charitable Activities Grants Fund raising costs b Governance Costs Administration costs Independent Examination Total Resources Expended	TOTAL TOTAL Unrestricted Restricted Endowment FUNDS FUNDS Funds Funds Funds 2023 2022 £ £ £ £ £ 30,885 26,112 - 56,997 83,941 5,973 3,246 - 9,219 8,613
	36,858 29,358 - 66,216 92,553
	17,464 - 2,716 20,180 18,499
	54,322 29,358 2,716 86,396 *111,052*
	TOTAL TOTAL Unrestricted Restricted Endowment FUNDS FUNDS Funds Funds Funds 2023 2022 £ £ £ £ £ 76,399 24,659 - 101,058 113,824 - - - - -
	76,399 24,659 - 101,058 113,824
	1,660 - - 1,660 1,000 900 - - 900 1,230
	2,560 - - 2,560 *2,230*

	78,959 24,659 - 103,618 *116,054*

4. RESOURCES EXPENDED

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

5. FIXED ASSETS Listed Investments 2023 2022 £ £ Market value 1stJanuary 440,598 452,815 Additions - 29,953 Accumulation Dividends - 1,051 Withdrawals - (39,860) Gains/(Loss) on withdrawals - (2,669) Net Gains/(Losses) and revaluation 10,987 (693) Market value 31st December 451,585 440,598 6. DEBTORS 2023 2022 £ £ Income tax recoverable 924 1,242 Prepayments and accrued income - - Other debtors - - 924 1,242 7. SHORT TERM DEPOSITS & CASH AT BANK AND IN HAND 2023 2022 Current Assets £ £ Lloyds Bank – Cheque a/c 10 466 Lloyds Bank – Savings a/c 14,865 46,073 CCLA – COIF Deposit a/c 48,950 33,950 63,825 80,489 8. CREDITORS 2023 2021 Creditors: amounts falling due within one year £ £ Deferred income - - Accruals for utilities and other costs - - Other creditors 1,140 900 1,140 900	5. FIXED ASSETS Listed Investments 2023 2022 £ £ Market value 1stJanuary 440,598 452,815 Additions - 29,953 Accumulation Dividends - 1,051 Withdrawals - (39,860) Gains/(Loss) on withdrawals - (2,669) Net Gains/(Losses) and revaluation 10,987 (693) Market value 31st December 451,585 440,598 6. DEBTORS 2023 2022 £ £ Income tax recoverable 924 1,242 Prepayments and accrued income - - Other debtors - - 924 1,242 7. SHORT TERM DEPOSITS & CASH AT BANK AND IN HAND 2023 2022 Current Assets £ £ Lloyds Bank – Cheque a/c 10 466 Lloyds Bank – Savings a/c 14,865 46,073 CCLA – COIF Deposit a/c 48,950 33,950 63,825 80,489 8. CREDITORS 2023 2021 Creditors: amounts falling due within one year £ £ Deferred income - - Accruals for utilities and other costs - - Other creditors 1,140 900 1,140 900	5. FIXED ASSETS Listed Investments 2023 2022 £ £ Market value 1stJanuary 440,598 452,815 Additions - 29,953 Accumulation Dividends - 1,051 Withdrawals - (39,860) Gains/(Loss) on withdrawals - (2,669) Net Gains/(Losses) and revaluation 10,987 (693) Market value 31st December 451,585 440,598 6. DEBTORS 2023 2022 £ £ Income tax recoverable 924 1,242 Prepayments and accrued income - - Other debtors - - 924 1,242 7. SHORT TERM DEPOSITS & CASH AT BANK AND IN HAND 2023 2022 Current Assets £ £ Lloyds Bank – Cheque a/c 10 466 Lloyds Bank – Savings a/c 14,865 46,073 CCLA – COIF Deposit a/c 48,950 33,950 63,825 80,489 8. CREDITORS 2023 2021 Creditors: amounts falling due within one year £ £ Deferred income - - Accruals for utilities and other costs - - Other creditors 1,140 900 1,140 900
63,825		80,489
	2023 £ - - 1,140	2021 £ - - 900
	1,140	900

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

9. STATEMENT OF FUNDS

Unrestricted Fund General fund Designated Funds World Leprosy Day 23 DEC – Turkey-Syria ActionAid - Morocco	Balance Income Expenditure Transfers, Balance 1 Jan other gains 31 Dec 2023 and losses 2023 £ £ £ £ £ 374,221 28,602 44,159 11,067 369,731
	374,221 28,602 44,159 11,067 369,731 63 20,362 24,000 3,575 - - 4,557 10,000 5,443 - - 800 800 - -
	374,283 54,322 78,959 20,085 369,731

The Designated funds are funds that the Trust has set aside for various projects.

Restricted Funds

Restricted Funds
Commandery Restricted Funds Aragon Avalon Cumbria John of Gaunt King Offa London & Westminster Mersey Rose d'Or Sussex The Marches Wales Other Restricted Funds Ruth Bowden Fund ACN Syria Earthquake Total Restricted Funds	Balance Income Expenditure Transfers, Balance 1 Jan other gains 31 Dec 2023 and losses 2023 £ £ £ £ £ 800 25 - - 825 395 325 - (200) 520 248 1,681 497 (763) 669 - 4,000 - (2,500) 1,500 3,294 2,146 2,000 (2,669) 771 745 400 - (300) 845 - 231 - (231) - - 975 - (750) 225 1,407 3,915 3,000 (1,469) 852 572 2,085 - (1,356) 1,301 1,257 8,495 9,081 2,363 3,034
	8,717 24,278 14,578 (7,875) 10,542 28,374 - 5,000 (5,000) 18,374 - 5,081 5,081 - -
	28,374 5,081 10,081 (5,000) 18,374
	37,091 29,359 24,659 (12,875) 28,916

The Commandery Restricted funds are under the control of the respective Commandery. The Ruth Bowden Fund Restricted fund is under the control of the Trust. The funds being available for humanitarian grants to East European countries.

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Endowment Funds

Endowment Funds
Endowment Fund	Balance Income Expenditure Transfers, Balance 1 Jan other gains 31 Dec 2023 and losses 2023 £ £ £ £ £ 110,054 2,716 - 3,778 116,548
	110,054 2,716 - 3,778 116,548

The Endowment Funds are the legacies of former members. As a permanent endowment fund the Trust cannot expend the capital funds, although may use the income for charitable purposes.

Consolidated Fund	Consolidated Fund	Balance	Income	Expenditure	Transfers,	Balance
Summary		1 Jan			other gains	31 Dec
		2023			and losses	2023
		£	£	£	£	£
Unrestricted Funds		374,283	54,322	78,959	20,084	369,731
Restricted Funds		37,091	29,359	24,659	(12,875)	28,916
Endowment Funds		110,054	2,716	-	3,778	116,548
Total funds		521,429	86,397	103,618	10,987	515,195
0.	SPLIT OF NET ASSETS BETWEEN FUNDS
	Analysis of Net assets by fund
		Unrestricted	Restricted	Endowment	Total	Total
		Funds	Funds	Funds	Funds	Funds
					2023	2022
		£	£	£	£	£
	Investment fixed assets	335,037	-	116,548	451,585	440,598
	Current assets	35,834	28,916	-	64,750	81,731
	Current liabilities	1,140	-	-	1,140	900
		369,731	28,916	116,548	515,195	*521,429*

10. SPLIT OF NET ASSETS BETWEEN FUNDS Analysis of Net assets by fund

Annual report and financial statements – Year ended 31[st] December 2023

St. Lazarus Charitable Trust

Independent examiner’s report to the trustees of The St. Lazarus Charitable Trust

I report to the trustees on my examination of the accounts of The St. Lazarus Charitable Trust (the Trust) for the year ended 31[st] December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust, 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 Trust’s accounts carried out under section 145 of the 2011 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:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
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.

Signed: Name: Mr C Brown BFP FCA ATT Date:

Relevant professional qualification or membership of professional bodies (if any): BFP FCA ATT

Address: Ingalls Chartered Accountants Libra House Murley Moss Business Park Oxenholme Road Kendal Cumbria LA9 7RL

Annual report and financial statements – Year ended 31[st] December 2023

OpenCharities

St. Lazarus Charitable Trust

ANNUAL REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31[st] DECEMBER 2023

CONTENTS

REFERENCE AND ADMINISTRATIVE INFORMATION

STRUCTURE, GOVERNANCE AND MANAGEMENT

Trustee Recruitment and Appointment

Organisational Structure

OBJECTIVES AND ACTIVITIES

ACHIEVEMENTS AND PERFORMANCE

Review of the year

Trustees

Financial Review

Summary of grants paid by the Trust:

Future Plans

Reserves and Investment Policies

Procedures and Policy for Grant Making

Statement of Public Benefit

Risk Assessment

ACCOUNTING AND REPORTING RESPONSIBILITIES

Statement of Trustees' Responsibilities and going concern

Going concern

Independent Examiner

Statement of Financial Activities

Balance Sheet as at 31[st] December 2023

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2023

1 ACCOUNTING POLICIES

1. Basis of Accounting

2. Accounting policies

3. INCOMING RESOURCES

9. STATEMENT OF FUNDS

Restricted Funds

Endowment Funds

10. SPLIT OF NET ASSETS BETWEEN FUNDS Analysis of Net assets by fund

Independent examiner’s report to the trustees of The St. Lazarus Charitable Trust

Responsibilities and basis of report

Independent examiner’s statement