CHAIII'I'Y III,:CIS'I'IIA'I'ION Nuhl IILI11: $006112 Lincolnshii'e Police Cliaritable Fund Unaudited Financial Statements 31 March 2024 OHNSON MURKfi TT & HURST Cliai-lered Accoiiiilaiits Raivdoii Hoiisc Raivdoii Teii'ace Asliby de Ill Zoiich Leiceslersliii'e LE65 2GN
Liiicolnsliii'e Police Chai'itable f4 iiiid Financial .Staten)eiits Yeai" eiiiled 31 Mai'ch 2024 Pqd gcs Ti'iistees, aniiiial i-epoi't I to4 liidepei)dent exainiijer's report to ilie iiiisiees StÉlteiiiei)t of finaiicial aclivilies Stateiiiei)t of finaiicial positioii Notes to tlie fiiiaiicial siaieiiiei)ts 8t0 12
PIiLwe I Lincolnsliii'e Police Cliqrf ritable fi iijid Trustees, Aiiniial Report Yeai. eniled 31 Mai'cli 2024 Tlie Iriislees pr¢seiil their rei)orl And Ilie iinqTriidilcd fiiiancial sl<iieiiienls of Ili¢ cllarily for Il)e )yeTir ei)(le(I 31 Marcli 2024. RefeJ'eii¢e Aiiil n(liiilnlsti'lltlYe (letnlls Ileglstere(I cliai'lty nanie Lin¢olnsl)irc Police Cliarilable biiiid Cliai'lty reglslrAtioJi iluniber 500682 Pi'iii¢ii)Al office PO Ilox 999 Lii)colii LN5 7PII I'lie ti'ust¢es Cl)ief Iiisp¢clor l Ri¢l)ar(Isoi) Ms S McEllcliran Mr R D Rolland Mrs C Aikiilson A C Winliii F Flarrod Rcv T M Lord P Cjrayson D Pnrkcr C Hi11vnr(I K Odlin Mr J R Floyes H Siaiili) A BoiYl¢y-Wcbb G An(lerson Mrs J D¢b¢iil)niii Ms J Toivnell Mr t) Robiiison W Robson S Dilvies G Pciigelly (Relircd 16 Novciiibcr 20231 (R¢lir¢d 13 t)eceii)ber 202J) (Rcsigncd 28 Sei)l¢i))ber 2021) {Appoiiiled 7 Mnrcli 2024) {Ai)poiiitcd 16 Noveii)bLr 2023) {Appoinl¢d 16 Aii841sI 2023) lJi(leiJeii(lent exaii)Inei' A W SIAnl I".CA Raivdon I loiise RaiY(loi) Tcrrace Asliby dc lil Zoiicli Lciccslersliire LE65 2GN
Pe 2 Liiicolnsliii'e Police Cliarit41ble Fuiid Ti'iistees, Aiiniial Rei)oi't (coNiliiiied) Yeai. eiiiled 31 Mai'cli 2024 Striictui'e) govci'iiAnee hiiil niniiARement Cojistltiitlon Lii)colnsliire Police Cl)siri147ble Fiiiid is a regislercd Cliiirily Iiiin)b¢i' 500682. Its govei'niiig, dociii)Iciil is ils coiisliiiilioii diiled l April 1974 aiid rcviscd Sepieii)bcr 2021. Tlle fiiii(l is iiiai)¢iged froi)I Il)c force Heiiilqiiarlers by 11 Coiiiiiiitiee of Tnist¢es ivliicl) is i)ia(le lip fi'oiii repieseiilnlivcs froiii varioiis arcas of Ilie force as sp¢¢ifi¢d in Ilie govcri)iiig dociiii)¢i)l. Tlic Clliirily ftlso lins An Execiilive Coii)iiiillc¢, An Adiiiinislrator hiid a I'rensiirer wllo all i)111 y key roles ITI II)c operalioii of Ilic cliarily. Polleles ftn(I pi'occ(Jiires for Ilie In(liietion aii(I li'nlnljig of Triislees I'lie Lii)coli)sl)ire Police Clifiril&bl¢ Fiind {LPCF) Ivill invite Il)¢ StAff Associalions lo reci'iiil Ilieir 1'1'iisl¢cs (so fni. s is i)ossiblc) froi)) Ilepresei)Iiilivcs ivlio l)ave kiioivle(l&ic of Ilie ar¢as iii ivliicl) Ilie Cliarily 01)erilles. It ivill nlso seek to plA¢¢ ¢iiii)l)asis on diversily iii Illc recriiilineiil process in Ai) ¢fforl lo fin(1 Triislees iviili IIIC I'iL711I skills hiid experi¢iice aiid froii) fi ivider TaiiB¢ of ngcs and social nnd ecoiioiiiic ba¢k8roiiiids. Dci)Iilics for Ilie 'l'nisle¢s iiiiisl also coiiiplele Ilie Iiidii¢iioi) process. t4cfore ncccpliiig ai)y appliciinl for Ilie i)osilioii 11)ey ivill be reqiiired 10 coii)pl¢l¢ a declftr11 tion of cligibilily to slioiv Ilifti Ilicy ni'c i)01111 1¢ Ily Ivily disqiinlificd froii) iiclii)g 1¢ s a I'rLisICC. Haviiig bcci) idciilified as & siiiinblc caiiilid4le 11)e poieiiiial Triisl¢e (l)T) Ivill Ilieii bc siibjccl 10 fi ii)eeiiiiLv iviili ali e.xi)¢ri¢iicccl Triislec(sl Ivlio ivill providc a cleis r piciiire of Ilicir polciilial diilics &ii(I rcsi)oiisibililies. 'I'l)ey ivill Also b¢ provicleil ivilli a vnrieiy of (lociiiiieiilalioii lo eiiabl¢ Ilic cni)diilalc Io ¥aiii ¢1 fiill iii)derslai)diiig of Ilic cl)Hrilablc i)iiri)osc, fiiiRiiciAI posilioii nild ciirrent issiies. Tlic issiie of on-goiilg Triislcc Iraiiiing and developiii¢nl ivill al all liii)es bc liiiked to IlllllT)Ininiiig Il)e inlcbirily or LI>CF ai)d Ilie effecliv¢ I'LlI)nii)bi of Ilie Cliarity. All TrLislecs Arc reqiiii'ed 10 iii)(Icrlakc Ilie video IrAiI)Illg i)I'oviil¢(I by Ille Cliarilies Coiiiniission, boil) Ivllci) Iliey coiiiiiience ns a Triislcc and on & 01)goiiig yenrly basi5. Illsk mAnfigeiiiei)t Tlic Triislccs coi)liiiiie lo iiioiiilor Illc i)l£ijor risks lo ivl)icl) Ilie Clinrily is exposed Aiid to keel) Iiii<lci' rcviciv Ilie (l¢qiii2Cy of Ilic sysleiils ivliicli Iliey believe ar¢ adcqiiale aiid ppropriate 10 Ilie SIL¢ of Ili¢ Cllarily aiid Ilie iialiire of ils operalions.
l)nge 3 Liiicoliisliire Police Cliaritable Fuiid Trustees AIiiiiiAI Rei)oi't (toiiil•iiie¢lJ Yeai. elided 31 Miql'ch 2024 Objecllves fin(1 Aetivities li) selliiig objcclives ai)d plill)Iiiiig for Aclivilics, Ilie Triislces llave given diie coiisidcralioii lo geiierrfll b7Liid¢111Ce piiblisl)e(I by Ilic Cliarily Coi)Iiiiissioi) reliK ling lo piiblic benefil. Tlie &iiiis of ille Thii)d, al tlie discrelioii of ihe Tnislees, sl)all be lo relieve aiid nssist eiilier geiier&?Ily oi. ii)(livi(111¢llly. ¢ligibl¢ iiieiiibers of Ilie Fiiiid ivlio rfirc iii coii(lilioi)s of i)cc(l. l)ar(lsliip or (lislrcss, all of iiilioiii i'e lo be called 'llic bciieficiaries,. To carry oiil Iliese aiii)s. Ilic Tnislees sl)Hll liavc Illc folloivii)g poivci's {&) To ii)ake Inoiieiary granls or loaiis. {b) To proviilc ileiiis. facilities Iiiid serviccs ¢Al¢iilq?Icd lo re(liice Ilic iiccd. liai'dsl)ip or disli'ess of Ili¢ beiieficinries and lo pny for siicli ilejiis, facilities or serviccs 10 Ilie provider (lirccl. (C) To provide ttd(litioiilll nssislance lo ollicr Agei)eies in cnscs of sickness . iiifirinily aiid old pge. (d) To pny for siicli il¢ii)s. services or fn¢ililics by WAY of donAiions or siibscrii)lioiis lo ii)sliliilioi)s oi. orgfiiiisnlions ivliicl) provide or ivllicli iii)derlake iii rcliiri) lo i)rovide siicli ilciiis. (¢) To coiilribiile lo Police Cli&rili¢s or oihcr cliarilable or117slI0nS as Agreed by ilie Ti'iisle¢s. (D To Inkc aiid nce¢pl Aiiy gifts of properly, Ivli¢ilier siibjccl lo niiy speciAI Iriisl or iiol. for Ilie ftiiii of11)c Fiii)d. (gl To raise voliinlary fiiilds ii) siipporl of Ilic ainis of Ilie Filiid find 10 rec¢ivc ai)d accepi coi)Ii'ibiiiioiis by Ivny of siibseriplioi)s aiid Iloi)nlioiis; provided IliAI Ilic Triislees slinll iioi iiiiderl&kc nily peiiiiniieiil tl'ft(liiig' clivilics iii r&isiii&y fiiii(Is for Ilie priii)Ary object. Gi'nnts An(1 looiis GrAiils nii(I 11)c alili1)I of grant or inlcrcsi frcc loai)s sllall be Al Ili¢ discrcliot) of Ilie 'frustees. li) Ilic cases of hll loails. Ilie i)eriod of rcpftyiiieiil shnll be al Illc discrclioii of11)e 'fnislees I'l)¢ I'riislees slinll i)ol npply Aiiy parl of Ilic fiind direclly in reliel of Coiiiicil Taxes, taxes fiiies oi. oiliei. peiinliics. Tlley iiiay Apply Ilie fiiiid iii siipplciiicnliiig relief or nssisi&ii¢¢ i)rovidcd oiil of piiblic fiiiid. Tl)e Trlislees sl)all iiol be obliged to consider Costs loivards loiig teriii resideiilial cnr¢, or Applic471ioi)s for fecs loivards Il)eii). Tl)e Tnislccs sliall not be obliged lo coilsider loaiis for siibscribing voliii)Iccrs, nor for siibsci'ibiiig 11)eiiibcrs ¢i)ii)loycil by LiTicolI)sliire Polic¢ parliicrs. Aelilevenients An(1 pei'foi'niaiice Ilevleiv of octlvltlcs Tl)e Triislccs coi)liniie lo iiionilor Ilie falling i)i¢ii)bersliip ii nd are iiiidei'11i kii)gi dirrerciil profile I'aisii)g É1clivili¢s lo proiiiolc Ilic ftii)d 11 lid encoiii'age iieiv ii)ci)Ibcrs. Tlie I'riislee5 liavc aii)ciided Ilic Coiisliliilioii to 4111oiv for voliiiileers ai)d Iliird party eiiiployees lo b¢coii)c ii)ci)Ibers of tlie fiind froiii l April 2022.
Pnge 4 Liiicolnshire Police Cliai"itable Fund Triistees, Aiiiiiial Repoi't (roiiiliiiieil) Yeai. eii(le(131 Mai'cli 2024 I l J)Ri)clnl J'cviciy Ilesej'ves poliey Aiinii(il coiisiderntion is given lo ii)oiiics received, inveslii)ei)Is iiiadc £?ii(I Ioq?IIS 4111d grai)Is givci) oiil. 1111)ilsi Iliu siibscripiioi) Ivill Iiol iii¢i'¢ns¢ Il)Is yC(Ir. Ilie payiiiei)l iiiade for Irav¢l ivill also iiol bc iiicrelised. Meiiibers C4i11 be siirc of Ilic beiiefits of beloiigiiig lo oiir fiiiid. I'lie Triislecs coiiliiiiic lo lakc sci'ioiisly 11)e 111 sk of eiisiirii)L IIIAI riiiai)cial Iiialters Ar¢ cnrricd oiil iviil) inlc&¥rily. Tli¢ Cliarily at Ilie end of Ilic year Iiolds £246,449 as piircly iiiireslricied fiiii(Is. fixed &ss¢i inv¢sli)Icnts r¥i)I'cs¢i)I £233,212 of Illis figLirc. Ilicsc being iis¢d lo gciicriilc oiic of Ilic key soiirces of iiicoiiie for Il)¢ Cllarily. Tlic i'etiiaii)ing £13.237 is iiia(Ic iii) of iiel ciiri'enl asscls. Ivl)icl) cali bc i'calisiically cli¢ ssed as free I'cs¢i'iics aiiil al-e lield iii order to cover IIIC c051s of Ilie Cl)nrily for npproxii))nlcly llqilf a ycar. ITI liii)es of loiy iiicoiiic. Tliis liiiie scal¢ is coiisiilered nppropriate iii alloiyiiig Ilie .1 rlislees lo Ik¢ ileccssls l-y aclioii lo rcLiiljl) illCOI))c floivs. llllei'lnl InvestJi)eiits i)oli¢y Tlie Triisl¢¢s cotiliiiiic lo keep ll close wnlcli on Ilic silufilion of falliiig r¢v¢iiii¢, given Illal Illcy al'c Jiol ¥tlloiiiL(I lo raisc fiiiids by ilieaiis oilier Ilian Il)ose slated in Ilic riiles. Uiidoiibiedly Il)¢ advicc given for iiivc%lii)Li)Is l)4s i)rov¢d lo b¢ soiiild. l.loivever, Il)e Triislees are ii)indfiil of being eoiiiplaceiil in Iliis ar¢n, 'ro Il)is eiicl. Il)ere lias becii cnrcfiil c0115ideralion Iliis y¢nr of re-iiivesliiig soi))c of Ille fiinds. Tl)c (Icci%i()ii i'alified by Ilie 'fi'iislees lifts beeii lo iiivcsl fiiii(Is 011 n iiicdiiiiii niid loilg l¢ri)I basis. Tlie Fiiiicl's fii)niicinl n(liiisci' i'ciiiiiiclcd Ille 'l"iiislees Ilial 11)ese iiivesliiiciiis ivill iiec(I 10 bc rcglilarly rcvieiv¢d. Tlie Inislees, niiiiiinl rei)orl Iv115 llpI)roved oi) lid sigiied oil belinifof Ilic bonrcl of li'114iccs by.. Cl)ief Ii)si)eclor l Ricl1&r Triislce
P4kNC 5 Liiicolnshii'e Police Cliaritable Fuiid Iiidepeiident Cl Xi?niiiiei s Rei)ort to tlie Ti'ustees of Liiicolnsliii'e Police Cliai'itllblc Fil i)(] Year eiiiled 31 Mai'cli 2024 I rcporl lo Ilic IrLislees 011 iiiy exai)iii)nlioii of Illc fiiiancial slalei))ents of Lii)colnsliire Police Cliarilable fiiiid ('Ilic cliarity,) lor Ilic year ended 31 Marcl) 2024. Rcsi)oi)slbillties ftn(I bllsls of rei)ort As Ilie Iriisiees of Ilie cliarily yoii are rcsponsible for Ilie preparation of Ilie finniici<il slaiciiieiils ill £1CCDrilancc Ivilli Ilie reqliireiiieiils of Ilie Cliarilics Acl 2011 ('Ilic Acl.). i'ei)orl ii) resi)ecl of iiiy cxniiliiialioii of Ille cliarily's fii)ai)Ci¢11 sl14 tei)iei)Is cai'ried oiit iiii(lei' Scclioi) 145 of Ilic 201 l Act Aiiil iii cArryii)u oiil i)iy cxaii)iiiAlioii I liave folloiyed 1411 Ilie applic4ible l)ireciioiis givei) by Ille Clini'ily CDIIIII)IS5ioii linder seclioii 145(5){b) of Ili¢ Act. Iiiilepen(lent exoiiilnej s slateijieiil Ii<ive coiiipleled iiiy exatiiiiiAlion. l Confirin IliAI iio IiiAl¢rial iiiAllers havc coiiic lo ii)y Mllci)lioii in coiii)cclioi) Ivilli Ilie cx&iiiii)Alioii giviiig ii)e caiise lo believe Ihal iii any I)1¢r11 respect.. ccoiiilling rccords ivcrc iiol kcpi iii rcspccl of Ilic cliarily as reqiiired by seclion 130 of Ilic Acl; oi. Ilie financinl slalenieijls do noi ficcord willi Iliose records. or Il)e fiiilln¢inl stAlciiicnls do iioi coiiii)ly iviil) Ilic api)licnblc rcqiiircii)ci)Is conccriiiiig Illc foriii llii(I coilleiil of nccoiinls s¢1 oiil iii Ili¢ Cllnrilics {Ac¢oiii)Is nild Rci)orls) Rcgiilalioils 200R oili¢i' Iliaii ni)y rcqiiir¢ii)ei)I Ilint Ili¢ nccoiiiils give 'Iriic ai)d fair, viciv ivliicli is ilol a iiiallci. coiisi(l¢rcil ns i)Iql'l of ai) ii)(l¢i)¢iid¢i)I cxnii)ii)alion. I l)¢ive iio coiiceriis nii(I liave coiiie across iio ollier i)iallei's iii coiyieclioii ivill) Ilie exni))iiiAlion lo ivliicli AlleI)lioii sl)oiil(I be draivii iii Iliis itporl in order lo enable n proper iiiidersilliiding of Ilie accoiiiils lo be reAclie(l. A W Slaill FCA i)(Ici)ciidci)l Exaiiiiii¢r ivdoii Floiis¢ R&iv(loi) I'ei'race Asliby de In Zoiicli Leiceslei'sliire LE65 2GN
PARe 6 Liiicolnshii'e Police Cliaritable Fiii)d Stateiiieiit of fiAnancial Activities Yeai. elided 31 I'cll 2024 2024 Uiircslricted riiiids 2023 Total fuii<ls 'I'oinl ftiiicls Jiicoiiie nn(l en(loiYiiient$ Doi)nlioi)s aiid leg41LiCS iivesiiiiei)l ii)¢oi)ie Oiliei. incoiiie 10.056 3,012 14.094 10,0.$6 3,012 14,094 12.600 2,260 14,722 'otol Incon)e 27.162 27,162 29.582 xpeii(Iltiii'¢ Exi)cii(liliire oil rnising fiiiids: IIivc%ii))eiil ii)Al)IigJcI)IciiI cosls F.xi)eii(liliirc oli cliarilablc aclivilies I'otAI exi)en(Ilturc 2.721 24,134 2,721 24,134 2.654 44,230 26.855 26,855 4(),884 Ncl losses oli iiivcslii)ci)Is (628) (6211) (2,672) Net e¥peJiilltiiJ'e (321) (321) 119,974) Olliei. I'ocogiilseil RAlns aiiil105ges Fnir vnliie gaii)sl(losses) oil iiiveslii)enls Nel niovenient In fiin(Is 23,372 23,372 {14,Q21) 23,051 23,OSI {.1.1,995) Ileconclllatloii of fiii)(Is Toi¢il fiii)(Is broii81il forivar(I Totnl fuii(Is cllt'Yle(I forii'hril 223,398 223,398 257,391 246,449 246,449 223.398 Tl)c slalciiieiil of fii)ftii¢ial aclivilics iiicliides all gftiiis and losses recogJi)iscd iii Ilie year. All ii)coiiie ai)d expeiidiliirc dcrive froli) coilliniiing aeiivilies. The iiDt¢s on p4ge$ 8 to 12 form pftrl of t11¢5e fiiiAiicial sllllci))ci)Is.
Pnkhe 7 Lincolnsliii"e Police Cliai"itable Fiiiid SiiTrtenient of Fiiiaiicilql Positioii 31 mai.cli 2024 2024 2023 Nolc Flxcil Assets Invesli)Iciits 233,212 210.410 Ciii'i'eiil assets Debtors Cii sli al bai)k And li) l)and 12 2,780 12,168 2.898 11.893 14,948 14.791 Ci'e(Iltoi's: nii)oyiits fnlllng illi¢ M.Illiln oiie ycni. 13 1,711 1,803 Net cui'i'ent nssets 13,237 12,98R TotAI Assets less currcnl Ilobllltles 246,449 223.398 Net ASStt$ 246,449 22.3,398 Uiircslricle(l fiiii(Is 246,449 22.3.198 Totnl cliai'lly fui)(Is 14 246,449 223,398 Tliese fiiini)Ci4i1 slAlei)ieiils ivcre approve(I by Ihc boArd of Iriislecs aiid ftiiilioris¢(I for issiie 01) lid llre sigiicd oil bcllnlf of Ili¢ bonrd by: Cliief Ii)spcclor l Riclinr(Isoi) TrLisIcc Tlie iiotes 01) PnEQS 8 to J2 forni pArl ol Ilie5e fiiifinril stnt¢inciil5.
PllRe 8 Liiicolnsliii"e Police Cliai'itable Fiiiid Notes to tlie FiiiaiiciAI Statemeiits Yeai. elided 31 Mai'ch 2024 Ceiiernl Inforiiiatioii 'ri)e cllarily IS piiblic benefit eiiliiy and a regisiered cliarily in EiiglAiid aiid W1L les ai)d is iii)iiiCOl'POl'i11e(l. Tl)¢ address ofiiic principal offic¢ is Police HQ. PO Flox 999, Lincolii, LN5 7PH. Stateniejit of ¢oiiii)IIAnce Tl)esc finoiicial slal¢i)i¢iils liÉlVC bccIi preiill red iii coi)Ipliai)cc iviil) FRS 102, Tl)c Fiii¢lllCi¢il Ilei)oi'lii)g' Sl(11)d(Ir(l lli)plicllble ii) Ille UK 4711d Ilic Rei)Iiblic of Irelniid,, Ili¢ si1¢111¢nI of Rccoii)i)Iciiilcd Pri¢ Llicc appliciiblc lo cliarilies pr¢pnrii)8 Ilieir accoiinls in IlCCOI'daiice willi Il)e Fii)ai)¢inl Rci)oi'lii)g Sicl1)c14Ir(I I pplicnble iii Ilic UK aiid R¢piiblic of Irelaiid (FRS 102) (ClIArilies SORP (FRS 102)) niid Ilie Cl)llrili¢s Act 2011. Accoiintliig polleles B&sls of prepnrntloii Ic fii)oi)cinl slalciiiciils liiive beeii prepared oil Ilic llislorical cosl basis. as iiiodified by Ilie revalii¢l1ioi) of ¢¢rlnii) fii)aiicinl nssels nTid linbililics aiid iiivcsliiicnl properlics i))easiircd ii I fair valiic Iliroiigli iiicoii)c oi. exp¢iidiliire. Tlle finni)cinl slaleii)ciils re prepAr¢d iii slcrliilg. wliich is ilic fiinclionl1 I ciirreiicy of11)c ei)lily. Goliig coii¢ci' Tllere are ilo ii)nlcrinl iiiiccrlaiiilics aboiil Ilie cliarily's nbilily lo coiiliiiiic. Jii(IRenienls An(1 key sourccs of cstlnintloii itncerlftliity Tlic pr¢pnrAlion of Ilic finftncial slalci)Ici)Is rcqiiires ii)nT)ngeiiienl lo i)iake jiidgeii)eiils, estiii)Ales ni)(I IISSLllI)plioi)s Il)nl Ille niiioiii)Is rci)orlc(l. Tlicsc csli111471CS ai)d jii(Ibicii)ciils arc coi)liiiiii( Ily rcvicivc(I qll)cl r¢ based 01) experi¢i)ce and oilier faclors. incliidii)g cxi)cclalions of fiiiiirc cvents 11)al Arc bclicvccl lo bc rensoiihble iiiid¢r Ilie ¢irciii)Islnnces. Gei)eri21 fiinds Arc Iinrcslricled fiiii(Is ivliicli are 11Viiilii ble for iise at Ilie discrelioii of Ilie 'fi'iislees ii) fiirilicrai)cc of Ilic gci)crii l objcclives of11)c Cliarity and ivliicli liave not been desigi)aled foi. oil)¢i' piii-poses. Iiivesliii¢nl incoiii¢, gaiiis atld loss¢s arc allocated lo Illc appropriate fiiiid. liicoii)Iiig re$oui'ce$ All iiicoi)ie is iiicliided iii Ilie slaieiiiei)i of financial aclivilics ivli¢ii ¢iiliil¢i)i¢iil lias pass¢d lo Il)c cllai'ily, il is i)rob(?ble 1111¢ t 11)e ecoiioi)iic beiiefils 4lSSOCl4iled iyilli Ilie Iriliisaclioii Ivill floiv lo 11)e cliai'ilj, Aiid Ilie ¢ iiioiinl can be reliably i))easiired. Tlie folloiving specific policies are applied to pArliciilai' calegioi'ies of iiicoiiic: ii)coiiie froiii donalioiis or grants is r¢cognis¢d ivl)¢ii Il)¢r¢ is evid¢i)c¢ of cnliilciiiciil lo Il)¢ gill, I'¢ceipl is probable aiid its aiiioiiiit cali be Jneasiired reliably. legacy incoine is rccogniscd ivlicn rcceipi is probablc and cnliilci))cnl is cslablisl)c(l. ii)coiii¢ lax rccov¢r4ibl¢ iii relation lo donalioiis received iiiider Gift Aid or decds of COV¢lii21)l is r¢couI)is¢d nl Ili¢ lili)¢ of Ilie doii&tion.
Liiicoliisliii'e Police Cliai"itable Fiiiid Notes lo tlie fi inancial Statenieiits {{'1•111111lYI) Yeai. eiiile(131 Marcli 2024 AccoiiiitliiE l)olieles (coiiiliiiieil) IlesoiiY¢es expenile(I All expciidiliire is llccoiinled for oi) an nccni¢11s basis aiid liaiie beeii iiicliided iinilei- expei)Se leg¥orics Ilial ,Iggr¢galc All costs for allocniioii 10 11 clivilics. IVli¢r¢ CO%ls caiii)ol bc (lirecily allribiiled Io i)cll'liciil?K I. clivilies Iliey Iinve bccii Iilloealcd on basis coi)sisleJ)l ivilli Ilie iise of Il)e i'esoiirces. .isl¢d ii)vesliiieiiis nre i)iensiircd ai fair valiie iviili cl)l¢ iigcs ii) fllir valiie beiiig rcco81)is¢d iii iiicoiiie or expeiidilLire. ri li)niiclnl liisti'iiiiients A fiiiftncial nsscl or n fiiiniicial li41biliiy is recobiniscd only ivlicii tlie eiilily bccoi)ies & i)111'1y lo Ilie coi)11'1¢ cliinl provisions of Ili¢ ii)slriiiiiei)l. Bnsic fii)l£ IICiIl1 iiislriiii)ciils are iiiilially rccogiiised al Ili¢ Aiiioiiiil receivabl¢ or P49yrfiblc ii)clii(liiig ni)y I'elale(I Ii'ailsaclioii costs. 111)less Ilie nrrangiei)ient COl)Sliliiles A fiiiaiiciiig IrAIisii¢iioi). Ivliei'e il is rccog?iiis¢d I Il)¢ prcsci)I valiie of Illc fiittire PAyiiiciils discoiiiilc(I nl a 1114Trrkcl rnlc of iiil¢i'cs1 for a sii)iil411' dcbi Ciirrciil nsseis An(1 ciirrciil linbililies arc siibseqitcnily Ineasiire(l al Ilic easli or oil)er consi(lerftlion cxi)ccled lo be i)Iiid or receivccl ni)d iiol (liscoiii)Icd. Dcbl iiislniimciils arc siibseqiienily iiieasiired iiiiorlised cost. Wli¢i'¢ iiivcsliiieiils in sllnrcs or preferei)¢c slihres arc i)Iiblicly Irnded or Ilicir fnir iinliic cali ollierivise b¢ iiiellsiircd rcliiibly, Ilic iiivcsliiiei)l is siibscqiieiiily Iiiciisiireil fli ir valiie iviili cli?£ l)gcs in 11¢ ii. vali1¢ r¢¢ogi)iscd iii iiicoiii¢ aild expei)diliire. All oil)er siicli ii)I'eslii)eiils nrc siibseqiiei)Ily ii)casiired ai cosi Icss Donntlons nn(I Icg&cleg Uiireslriclcd I'otnl fi iiiiils Fiin(Is 2024 ulesIr1Cted Total Fiiii(Is 2n23 Doiillllons l)Iiblic doi)alioi)s & collection boxes 856 856 2,200 2.200 Otliei. (lOntiOnS nn(I legncles Adiiiiiiislriilivc cxi)enses coiilribiilioii Voliii)l¢¢rs siibscripiions coiilribiilioi) 5.000 4.200 5,000 4,200 5.(K)O 5.400 5,000 5,400 10.056 10,056 12.600 12,600
Liiicolnsliii'e Police Cliaritable Fuiid Notes to the Finaiicial Statemei)tS (coiiiiiiiierfj Yeai. elided 31 mai.cli 2024 Investnienl ineonie Uiireslricl¢d I'olal Fiin(Is Fiiiids 2024 Uiireslriclc(I Fiin(Is Total F-"iii)ds 2023 i)coIMe froiii listed iiiveslineiils 1114 Ilk ii)leresi rcccivAble 011)cr interest r¢¢¢ivable 2.779 209 24 2,779 209 24 2.193 66 C)6 3,012 3,012 2.260 2,260 Otliei. IneoJi)e Ui)rcslricicd To1] fi iiiids Fiinds 2024 Ui)reslricled Fiii)ds 'I'olnl Fiiii(Is 2023 Snlary dediiclions Iii¢oiiic lax recovernble 11.314 2.780 11,314 2,780 11,824 2.%98 11,824 2.898 14,094 14.094 14.722 14.722 E%i)eJi(Iltiii'e oil clifii'ltAble ncllvlllc$ by fiiiiil tyije Uiireslricicil 'l'olal b'iiji(Is Fiiiids 2024 Uivesli'icieil Toilll Fiii)cls l.'IiiJds 2023 GrAI)15 Iiiid cxpenscs Aivftr(led lo 17,605 2,015 4,514 17,605 2,015 4,514 28,918 2.000 13.312 28,918 2.000 Doiinlioiis lo Cliarilable Orgnnisnlions Siipporl cosls 24,134 24,134 44.230 44.230 Net losses on liives¢i)ients Uiircslricled 'l'otlll Fiin(Is rLiiids 2024 Uiireslricleil Fiii)ds Tolal Fiiii(Is Renli5e(I gF{ljl)sl(losses) on disposAI of i1)VC5111)ci)11lSSCIs (628) (628) (2.672) {2.Ci72) lii(Ici)ei)(leiit exAn)Innllon fees 2024 Fees pyble lo Ihc ii)dcpendcnl ¢xniiiiiier for: iidependenl exaiiiiiialioii of Ilie fillancial sl<ilei)ienls 1,260 1,200 l O. Ti'iistee i'¢ii)unerotioii And exi)ense$ No rciiiiiiicralion or ollier bcncfils froiii eiiiployiiienl iviil) th¢ cllarily or a rclatcd ciilily ivere received by Ili¢ triislc¢s.
Liiicolnshire Police Cl)aritable Fiiiid Notes to tlie Fiii<?ncAal StAtenieiitS (r&iiiliiiieilJ Yeai. eii(Icd 31 Mai'cli 2024 I l. Investnients Llste(I Ii)I'csliiieiils Cost Ol. VAliinllon Al l Ai)ril 2023 Aildilioi)s Disi)05¢11s Frflil. V411iic iiioveilieiils 210,410 11,598 (1S,435) 26,639 At 31 fvlni'cli 2024 233,212 At l Ai>i'll 2023 NI131 la1.¢11 2024 CAri')'IiiLJ fiiiioiijit At 31 fvlarcli 2024 233,212 Ai J l Mnrcli 2023 210,410 All iiivcslii)ei)Is sliowii Above are l)eld al valiialioii. b'lnAJielnl hsscts hel(1 at fAlr vlllii¢ Tli¢ flir V471iie of lisieil iiivcsliii¢i)Is is (lelerii)iiied by referencc lo Ilic qiioled price foi. ideiiiicnl asscls ii) ni) clivc ii)nrkel al Ilie bnlailcc slicel (lale. 12. Debtors 2024 2023 Olliei. (lcbiors 2,780 2,R9R 13. Creilltoi's: nnioiiiils fThlliiiR (liie ii'ltliln one yeAr 2024 2023 Acci'iials an(1 dcfcrrcd incoii)e 1,803 14. AnAlysls of cli4rltfible fuliilg Uni'estrlctcd fiiiids At Gains aii(131 Al1.¢11 202 losscs Al l April 2023 Incoiiie Expen(litiire Gciierll l fiiiids 223.398 27,162 (26.855) 22.744 246,449 Ai l April 2022 Gains ftii(I Ai losses 31 Mai'cl) 2023 Incoiiie Exi)eiidiliire Gci)eral ftin(Is 257,393 29,582 (46,884) {16.C)93) 223,398
Pngc 12 Lincoliishire Police Cliai"itable Fiiiid Notes to tlie Financial .St44teiiieiitS (coiiilNiiedJ Year ciide(131 Marcli 2024 15. Annlysi5 of ncl *s$ets betiveen fiJn<ls Ui)restl'iClcil Totlll li iijiils Fiinds 2024 liivesliiiei)Is Ciirreiil assets 233.212 13,237 233,212 13,237 Net 4sscls 246,449 246,449 Uiireslricied Total fiiii(Is Fiinds 2023 Invcsliiicilts Ciirrei)l ftssels 210,410 12,988 210,410 12,988 Net nssets 223,398 223,3911