Lynx Educational Trust For Animal Welfare Limited
Company registration number: 2188747 Charity registration number: 327625
Annual Report and Financial Statements for the Year Ended 31 March 2023
ADP Accounting Limited Association of Chartered Certified Accountants 19 Farrow Close Mattishall Norfolk NR20 3SZ
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Lynx Educational Trust For Animal Welfare Limited
Contents
| Reference and Administrative Details | 3 |
|---|---|
| Trustees' Report | 4 and 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance Sheet | 8 |
| Notes to the financial statements | 9 to 12 |
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Lynx Educational Trust For Animal Welfare Limited
Reference and Administrative Details
Charity name Lynx Educational Trust For Animal Welfare Limited Charity registration number 327625 Company registration number 2188747 Principal office 16 Friary Meadow Bury St Edmunds Suffolk IP32 6EJ Registered office 16 Friary Meadow Bury St Edmunds Suffolk IP32 6EJ Trustees Mrs H Cook Mrs L Watson Ms L Kentish Secretary Ms L Kentish Accountant ADP Accounting Limited 19 Farrow Close Mattishall Dereham Norfolk NR20 3SZ
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Lynx Educational Trust For Animal Welfare Limited
Trustees' Report
The trustees who are also directors of the charity for the purposes of the Companies Act 1985, present their report with the financial statements of the charity for the ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 1985.
Recruitment and appointment of new trustees
There have been no new trustees for a number of years however, if the company was to appoint new trustees they would be invited and encouraged to attend a series of short training sessions to familiarise themselves with the charity and the context within which it operates. These training sessions cover:-
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a. The obligations of Management Committee members.
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b. The main documents which set out the operational framework for the charity including the Memorandum and Articles.
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c. Resourcing and the current financial position as set out in the latest published accounts.
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d. Future plans and objectives.
Related parties
The company has no related parties.
Risk management
The trustees actively review the major risks which the charity faces on a regular basis.Only a few minor risks are identified but it has resulted in better emergency procedures and contingency plans and has given the impetus for better planning. Particular attention has focussed on non financial risks arising from fire, health and safety of artists and audience. A key element in the management of financial
Objectives and aims
The objectives and aims of the Trust's work is to build awareness of the rapid rate at which species are becoming extinct and the consequences for the planet and the human race.
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Lynx Educational Trust For Animal Welfare Limited
Trustees' Report (continued)
ACHIEVEMENT AND PERFORMANCE
Charitable activities
From strong links which have been built with schools and schoolchildren in prior years, we know that the focus of our objectives is one of their prime concerns and we have continued to work with teachers to put these issues into context within the national curriculum, and helping them to put together interesting and informative lessons on the subjects with plenty of ideas for the students to research afterwards. The charity has continued to work with consultants and experts in the field of animal welfare and educationalists to ensure that information and school packs were accurate and accessible for the relevant age groups.
The charity has also continued to research a long-term project that will examine the cruelty and indifference inherent in certain aspects of the fashion industry. Fur, which is unfortunately re-establishing itself as a fashion item will be given particular emphasis, as well as issues such as cosmetic testing, shatoosh, endangered species and reptile skins.
As in previous years, the charity has been pleased to offer speakers for talks and lectures, even though this work was curtailed slightly during, and even post pandemic and has been online, as well as use of our display and photographic equipment to like minded groups for their educational and research work. We ae also offering our 4 environmental/conservation Plays In A Day to schools for free and a pleased to report a good take up.
Thanks once again to donated office space and assistance from volunteers who offered their expertise or help with administration, we were able to keep costs to a minimum, this making the maximum funding available for our work.
FINANCIAL REVIEW
Reserves policy
The present level of funding is adequate to support the continuation of the activities currently in operation for the medium term, and the trustees consider the financial position of the charity to be satisfactory.
Principal funding sources
The principal funding source is the provision of educational theatre to schools.
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on 20th December 2023 and signed on its behalf by:
Ms L Kentish Trustee
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Lynx Educational Trust For Animal Welfare Limited
Independent Examiner's Report to the Trustees
I report on the accounts of the company for the period ended 31 March 2023, which are set out on pages 7 to 13.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
a) examine the accounts under section 145 of the 2011 Act ;
b) follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act ; and state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity 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 you as 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 connection with my examination, no matter has come to my attention:
1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 386 of the Companies Act 2006 and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
2)to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ADP Accounting Limited Association of Chartered Certified Accountants 19 Farrow Close Mattishall Dereham Norfolk NR20 3SZ
20th December 2023
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Lynx Educational Trust For Animal Welfare Limited
Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2023
| Note Incoming resources Incoming resources from generated funds Voluntary income 2 Activities for generating funds 3 Total incoming resources Resources expended Costs of generating funds Fundraising trading: cost of goods sold and other costs 4 Net movements in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted Total Funds Total Funds Funds 2023 2022 £ £ £ 5,442 5,442 0 19,614 19,614 22,973 |
|---|---|
| 25,056 25,056 22,973 |
|
| 25,098 25,098 29,153 |
|
| -42 -42 -6,180 |
|
| 12,096 12,096 18,276 12,054 12,054 12,096 |
All incoming resources and resources expended derive from continuing activities.
The notes on pages 9 to 12 form an integral part of these financial statements.
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Lynx Educational Trust For Animal Welfare Limited
Balance Sheet as at 31 March 2023
| Note Tangible fixed assets 7 Current assets Debtors 8 Stock Cash at bank and in hand Creditors: Amounts falling due within one year 9 Net current assets Net assets The funds of the charity: Unrestricted funds Unrestricted income funds Total charity funds |
2023 2022 £ £ £ £ 234 409 200 100 7,500 7,500 5,070 5,236 12,770 12,836 -950 -1,150 11,820 11,686 12,054 12,095 12,054 12,095 12,054 12,095 |
2023 2022 £ £ £ £ 234 409 200 100 7,500 7,500 5,070 5,236 12,770 12,836 -950 -1,150 11,820 11,686 12,054 12,095 12,054 12,095 12,054 12,095 |
|---|---|---|
| 12,095 | ||
| 12,095 | ||
| 12,095 |
For the financial period ended 31 March 2023, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on 20th December 2023 and signed on its behalf by:
Ms L Kentish Trustee
The notes on pages 9 to 12 form an integral part of these financial statements.
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Lynx Educational Trust For Animal Welfare Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Companies Act 2006.
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Incoming resources
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds are the costs of trading for fundraising purposes.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Fixed assets
Individual fixed assets costing £0 or more are initially recorded at cost.
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Plant and machinery 20% straight line basis Office Equipment 33% straight line basis
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Lynx Educational Trust For Animal Welfare Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
2)Voluntary income
| Donations and legacies Appeals and donations 3)Activities for generating funds Clothing Sales Theatrical Performances 4)Total resources expended Direct costs Actors and other theatre costs Cost of sales (adjusted for stock) Office expenses Printing, posting and stationery Sundry and other costs Accountancy fees Website and advertising costs Support costs Travel and subsistence Consultancy and Royalties Depreciation Total |
Unrestricted Funds Total Funds Total Funds 2023 2023 2022 £ £ £ 5,442 5,442 15525 |
|---|---|
| Unrestricted Funds Total Funds Total Funds 2023 2023 2022 £ £ £ 9,740 9,740 15,371 9,874 9,874 7,602 |
|
| 19,614 19,614 22,973 |
|
| Clothing Educational Total Sales Theatre £ £ 4,785 4,785 3,159 3,159 852 852 654 654 203 383 586 513 513 2,147 228 2,375 |
|
| 5,509 7,415 12,923 |
|
| 621 621 11,378 11,378 175 175 |
|
| 0 12,175 12,175 |
|
| 5,509 19,589 25,098 |
5)Trustees' remuneration and expenses
One Trustee received remuneration of £10,268 during the year as an arm's length transaction.
6)Taxation
The company is a registered charity and is, therefore, exempt from taxation.
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Lynx Educational Trust For Animal Welfare Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
7)Tangible fixed assets
| Cost Brought Forward Additions Carried Forward Depreciation Brought Forward Charge for the year Carried Forward Net book value As at 31 March 2022 8)Debtors Trade debtors 9)Creditors: Amounts falling due within one year Accruals and deferred income |
Fixtures, Plant and fittings and machinery equipment Total £ £ £ 7,644 2,236 9,880 0 |
Fixtures, Plant and fittings and machinery equipment Total £ £ £ 7,644 2,236 9,880 0 |
|---|---|---|
| 7,644 2,236 9,880 |
||
| 7,644 1,827 9,471 175 175 |
||
| 7,644 2,002 9,646 |
||
| 0 234 234 |
||
| 2023 2022 £ £ 200 100 |
||
| 2023 2022 £ £ 950 1,150 |
10)Members' liability
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £100 towards the assets of the charity in the event of liquidation.
11)Related parties
Controlling entity
The charity is controlled by the trustees who are all directors of the company.
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Lynx Educational Trust For Animal Welfare Limited
Notes to the Financial Statements for the Year Ended 31 March 2023
12)Analysis of funds
| 12)Analysis of funds | ||||
|---|---|---|---|---|
| Incoming | Resources | |||
| B/fwd | Resources | expended | C/fwd | |
| £ | £ | £ | £ | |
| General Funds | ||||
| Unrestricted income fund | 12,095 | 25,056 | -25,098 | 12,054 |
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