## **St. Lazarus Charitable Trust**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
## **YEAR ENDED 31[st] DECEMBER 2023**
## CONTENTS
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_
2
**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_
3
**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_
4
**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_
5
**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_
6
**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_
7
**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_
8
**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_
9
**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_
10
**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_
11
**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_
12
**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_|**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_
13
**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_
14
**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_
15
**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:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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_
16