ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH MARCH 2023
THE LAWNS TRUST
CHARITY REGISTRATION No: 287356
Independent Examiners Ltd Unit 2
The Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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| THE LAWNS TRUST | |
|---|---|
| CONTENTS | |
| Page 3 | Legal and Administrivia Information |
| Pages 4 to 5 | Report of the Trustees |
| Page 6 | Independent Examiner's Report |
| Page | Statement of Financial Activities |
| Page 8 | Balance Sheet |
| Pages 9 to 10 | Notes to the Financial Statements |
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LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
CHARITY NUMBER 287356 START OF FINANCIAL PERIOD 1 April 2022 END OF FINANCIAL PERIOD 31 March 2023 TRUSTEES AT 31 March 2021 Mr D F Martin Mrs D J Pavey Mr J D Pavey CORRESPONDENCE ADDRESS Flat 7 Sabey Court Bognor Regis West Sussex PO21 1LU
GOVERNING DOCUMENT TRUST DEED 4TH APRIL 1983 BANKERS Royal Bank of Scotland Drummond House (S) Branch 1 Redheughs Avenue Edinburgh EH12 9JN
OBJECTS
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TO PROMOTE THE CHRISTIAN RELIGION BY PROVIDING FINANCIAL AID TO SUCH PERSONS AND EVANGELICAL WORK. 2. TO PROMOTE THE CHRISTIAN RELIGION GENERALLY.
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THE ADVANCEMENT OF EDUCATION.
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THE RELIEF OF POVERTY.
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ANY OTHER CHARITABLE ACTIVITIES
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THE LAWNS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
Objectives and Activities
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To promote the Christian religion by providing financial aid to such persons and evangelical work.
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To promote the Christian Religion Generally.
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The advancement of education
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The relief of poverty.
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Any other charitable activities.
The trustees of Lawns Trust are pleased to report that the charity has successfully completed another year, committed to our focus on providing vital support to Christian workers and charities, in accordance with our governing documents.
Achievements and performance
Throughout the year, Lawns Trust continued to uphold its mission of making a positive impact within our community, empowering Christian workers and contributing to the success of various charitable endeavours.
Financial Review
The financial health of the charity remains robust, ensuring the sustainability of our initiatives and the fulfilment of our charitable objectives. Income has been as expected and our reserves position is also on plan.
Future Plans
Looking ahead, we are excited to explore possibilities for expansion. Recognizing the importance of effective fundraising and the value of forging new partnerships, we aim to enhance our outreach efforts. This includes our desire to develop a strategic plan to engage more proactively with potential supporters, donors, and partners, thereby increasing our capacity to make a meaningful difference in the lives of those we serve.
Risk Assessment
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
Reserves Policy
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
The trustees express their gratitude to our supporters, volunteers, and partners for their commitment to Lawns Trust. Together, we look forward to a future of increased impact and continued success.
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THE LAWNS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The Charities Act 2011 require the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to:
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Select suitable accounting policies and apply them consistently
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Make judgements and estimates that are reasonable and prudent
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Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
7th December 2023
Approved by the Trustees on ……………………………………………………………………………………………………………………………
Daryl Martin
Signed on their behalf by …………………………………………………………………………………………………………………………………
Signature:
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INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the trustees of The Lawns Trust on the accounts for the period ended 31st March 2023 set out on pages 7 to 10.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's trustees consider that an audit is not required for this period (under section 144 (2) of the Charities Act 2011) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts (under section 145 of the 2011 Act),
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to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act), and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S STATEMENT
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
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proper accounting records are kept (in accordance with section 130 of the Act); and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
....................................................................................
G W Schulz ACMALomax Pavey
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
7 December 2023
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STATEMENT OF RECEIPTS AND PAYMENTS
FOR THE YEAR ENDED 31 MARCH 2023
| Notes RECEIPTS Voluntary Receipts 1 TOTAL PAYMENTS Charitable Activities 2 TOTAL NET RECEIPTS/(PAYMENTS) Total Funds Brought Forward Opening Balance Adjustment Transfers Between Funds TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 7,160 30,774 37,933 24,375 |
|---|---|
| 7,160 30,774 37,933 24,380 |
|
| 6,030 32,272 38,302 27,818 |
|
| 6,030 32,272 38,302 27,818 |
|
| 1,130 (1,499) (369) (3,438) |
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| 5,719 1,688 7,407 10,845 |
|
| 112 1,930 2,042 - |
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| - - - - |
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| 6,962 2,119 9,081 7,407 |
All of the organisation's operations are classed as continuing.
The notes on pages 9 and 10 form part of these accounts.
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THE LAWNS TRUST
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 MARCH 2023
| ASSETS Cash Funds: Bank Account Other Monetary Assets: Tax Reclaim TOTAL ASSETS Liabilities Independent Examiners Fee Unreconciled Cheques |
Unrestricted Restricted 31-Mar-23 31-Mar-22 Fund Fund Total Total £ £ £ £ 6,962 2,119 9,081 6,630 |
|---|---|
| 6,962 2,119 9,081 6,630 |
|
| - - - 777 |
|
| - - - 777 |
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| 6,962 2,119 9,081 7,407 |
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| 480 - 480 360 - - - 2,042 |
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| 480 - 480 360 |
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 6 and 7.
7th December 2023
Approved by the Trustees on ……………………………………………………………………………………………………………………………
Signed on their behalf by ………………………………………………………………………………………………………………………………Daryl Martin
Signature:
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THE LAWNS TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023
Basis of preparation:
The accounts have been prepared under the Receipts and Payments basis of accounting as prescribed by the Charity Commission and they meet the appropriate legal requirements.
| 1. RECEIPTS Voluntary Receipts Gift Aid Activities for Generating Funds Interest Donations and gifts Bequests and Legacies |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 5,500 26,746 32,246 19,560 500 255 755 - 1,113 2,273 3,385 4,815 - 1,500 1,500 - 47 - 47 5 |
|---|---|
| 7,160 30,774 37,933 24,380 |
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THE LAWNS TRUST
NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 MARCH 2023
| 2. PAYMENTS Charitable Activities Grants To Institutions Grants To Individuals Grants to Christian Workers Independent Examiner Fee Professional Fees Other Fees |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 3,153 - 3,153 5,002 150 - 150 2,050 1,900 31,971 33,871 19,618 360 - 360 240 393 301 694 811 74 - 74 97 |
|---|---|
| 6,030 32,272 38,302 27,818 |
3. RESTRICTED FUNDS
| 3. RESTRICTED FUNDS | |
|---|---|
| Carl Wills Hearn Marks Noble M Andrea Southall T23 Woods |
This year |
| 01-Apr-22 31-Mar-23 Balance Income Expenditure Transfers Balance - - - - - - - - - - 2,204 11,176 12,337 - 1,042 - - - - - - 17,020 17,020 - - 900 - - - 900 25 - 20 - 5 488 2,578 2,895 - 170 |
|
| 3,617 30,773 32,272 - 2,119 |
4. TRUSTEE PAYMENTS
No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.
5. OPENING BALANCE ADJUSTMENT
An opening balance adjustment was required due to the fact that the previous year's closing balances were not reconciled accurately. Payments totalling £2,042 were returned back to the charity before the beginning of this financial year, but was not accounted for. Therefore an adjustment of £2,042 was necessary.
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