Registered Charity Number 514602
Lions Clubs International District 105CW Charity Trust Fund
Report and Unaudited Accounts
30 June 2021
Incorporating P&W Social Accountants
Lions Clubs International District 105CW Charity Trust Fund The report of the trustees for the year ended 30 June 2021
Introduction
The trustees present their annual report and accounts for the year ended 30th June 2021.
Legal and Administrative Details
The Charitable Trust was created under a Declaration of Trust dated 25 June 1983 and is registered with The Charitable Trust was created under a Declaration of Trust dated 25 June 1983 and is registered with the charity commission on 9th January 1984 under registration number 514602. the charity commission on 9th January 1984 under registration number 514602.
Trustees:Trustees:
The Charity is administered by a committee of ex-officio Trustees
The Charity is administered by a committee of ex-officio Trustees
Christine MossHeather Jeavons (resigned DATE) Richard WilliamsRonald Cross Chris Burrows Jakob de Jonge (appointed 1st July 2016) Andrew Pemberton Brigitte Green Christine Moss (appointed 1st July 2016) Stewart ShermanAll trustees are eligible by their office within District Cabinet. (appointed DATE)
Objectives and Activities of the Charity
The charity's principle activities are those of reciving donations and payments from Lions Clubs in district 105CW and distributing them as nominated to Lions Clubs International, Multiple District 105 and District 105CW initiatives.
Details of funds received and disbursed are set out in note 2 of the accounts.
Summary of the main achievements of the charity during the year
Lions Clubs International and Multiple District 105 Appeals
Donations from individual clubs are collected and remitted. Funds raised for specific projects that are not remitted during the year are remitted in the first quarter of the following year.
Projects within District 105CW
Projects within the district are supported by clubs within 105CW. No club is obliged to contribute to any project, and no income is guaranteed for any project.
Details of individual projects is included within note 2 of these accounts.
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Lions Clubs International District 105CW Charity Trust Fund The report of the trustees for the year ended 30 June 2021
Structure, Governance and Management
Nature of the Governing Document and constitution of the charity
The Charity was set up on 27 June 2008. In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission's guidance on public benefit.
The methods adopted for the recruitment and appointment of new trustees
The Trustees sit as a Board on a quarterly basis.
In line with the Trust Deed the number of Directors shall be not less than 3 and not exceed a maximum of 16.
The Board seeks to use the knowledge and skills of those involved in the local area as well as specialists in the field of learning and advice. On their appointment each trustee will undergo induction and initial training on the Trusts work, policies and procedures as well as trustee’s rights and responsibilities. Further training and mentoring is undertaken by trustees on a needs basis.
Financial Review
Policies on reserves
The charity has no specific policy on reserves.
Internal Control & Risk Management
The trustees are responsible for the internal controls, and review them on an annual basis. They also actively review the major risks which the charity faces, and review them on a regular basis.
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Transactions and Financial position
The Statement of Financial Activities show net incoming resources for the year of £5,988 (prior year net outgoing resources : £20,397).
The total reserves at the year end of 30 June 2021 stand at £31,072 (prior year: £25,084).
Independent Examiner
Mr RB Welch MA FCA Chartered Accountant P&W Social Accountants 10 Newent Road Northfield Birmingham B31 2ED
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Lions Clubs International District 105CW Charity Trust Fund The report of the trustees for the year ended 30 June 2021
Statement of Directors' and Trustees' Responsibilities
The Charities Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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state whether applicable accounting standards and statements of recommended practice have been followed , subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the trustees' report, and the responsibility of the independent examiner in relation to the trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
Method of preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime Part 15 Companies Act 2016, in accordance with the Financial Reporting Standard for Smaller entities effective January 2019 and The Statement of Recommended Practice for Accounting and Reporting by Charities (the 2019 SORP).
This report was approved by the board of trustees on 31st October 2021
Christine Moss Treasurer
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Independent Examiner' Report
to the Trustees of Lions Clubs International District 105CW Charity Trust Fund
Respective Responsibilities of trustees and examiner
The Charities Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
Basis of independent examiner's statement
My examination was carried out in accordance with 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 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 connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements the Charities Act have not been met.
Mr RB Welch MA FCA Chartered Accountant P&W Social Accountants 10 Newent Road Northfield Birmingham B31 2ED
Date 31st October 2021
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Lions Clubs International District 105CW Charity Trust Fund Statement of Financial Activities for the year ended 30 June 2021
| Note Incoming resources Incoming resources from generated funds Voluntary Income 2 Total incoming resources Resources expended on charitable activities 2 Total resources expended Net (outgoing) / incoming resources before transfers between funds Gross transfers between funds 2 Net movement in funds Reconciliation of funds Total funds brought forward Total Funds carried forward |
Unrestricted Designated Total Funds Funds Funds 2021 2021 2021 £ £ £ 920 48,729 49,649 920 48,729 49,649 500 43,161 43,661 500 43,161 43,661 420 5,568 5,988 (1,000) 1,000 - (580) 6,568 5,988 9,475 15,609 25,084 8,895 22,177 31,072 |
Unrestricted Designated Total Funds Funds Funds 2020 2020 2020 £ £ £ 164 77,517 77,681 |
|---|---|---|
| 164 77,517 77,681 |
||
| - 98,078 98,078 |
||
| - 98,078 98,078 |
||
| 164 (20,561) (20,397) - - - |
||
| 164 (20,561) (20,397) 9,311 36,170 45,481 |
||
| 9,475 15,609 25,084 |
The net movement in funds referred to above is the net incoming resources as defined in the SORP and is reconciled to the total funds as shown in the Balance Sheet as required by the SORP paragraph 4.60.
All activities derive from continuing operations
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| Lions Clubs International District 105CW Charity Trust Fund Balance Sheet as at 30 June 2021 Note Current assets Cash at bank and in hand 31,072 Net assets The funds of the charity : Unrestricted income funds Unrestricted revenue funds 2 8,895 Designated Funds 2 22,177 Total unrestricted funds Total charity funds |
2021 £ 25,084 31,072 9,475 15,609 31,072 31,072 |
2020 £ |
|---|---|---|
| 25,084 | ||
| 25,084 | ||
| 25,084 |
This report was approved by the board of trustees on 31st October 2021
Christine Moss Treasurer
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Lions Clubs International District 105CW Charity Trust Fund Notes to the Accounts
For the year ended 30th June 2021
1 Accounting policies
Basis of accounting policies
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Lions Club International District 105CW Charity Trust fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value.
The financial statements are presented in £ Sterling, its functional currency and rounded to the nearest £.
Revenue Recognition
Donations from member organisations are accounted for on a receivable basis.
Fund Balances
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes.
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Lions Clubs International District 105CW Charity Trust Fund Notes to the Accounts
For the year ended 30th June 2021
2 Collections and Disbursements
| Balance at 30th June 2020 £ Brain Tumour Appeal - CTT Charity Payments Give as you live 21 Diabetes - District Youth Activities 7,073 Fendall Village School - India - Lebanon - LCIF 1,500 Lions Life Skills - Medic Alert - MD Disaster Fund - North Sea Lions 974 Partners Appeal 6 ROAR - SightSaver - Sight Testing 400 Water Projects - Other Designated Appeals 62 Current District Appeals 10,035 Humanitarian Emergency Fund 4,489 R White 838 Life Skills 247 Zone Projects - Total Other District 105CW Appeals 5,574 Total Designated Funds 15,609 Unrestricted Revenue Fund 9,475 Total Funds 25,084 |
Collections 2020/2021 £ 14,814 - - 80 - 9,450 8,550 6,243 - 350 1,650 3,800 1,010 850 1,250 - - 682 48,729 - - - - - 48,729 920 49,649 |
Disbursements 2020/2021 £ (14,814) (21) - (99) - (7,650) (8,550) (7,493) - - (1,650) (55) - - - - (744) (41,076) - (838) (247) (1,000) (2,085) (43,161) (500) (43,661) |
Movements 2020/2021 £ - - - - - - - - - - - - - - - - - - - - - - 1,000 1,000 1,000 (1,000) - |
Balance at 30th June 2021 £ - - - 7,054 - 1,800 - 250 - 350 - 4,774 961 850 1,250 400 - - |
|---|---|---|---|---|
| 17,688 4,489 - - - |
||||
| 4,489 | ||||
| 22,177 | ||||
| 8,895 | ||||
| 31,072 |
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Lions Clubs International District 105CW Charity Trust Fund Notes to the Accounts
For the year ended 30th June 2021
2 Collections and Disbursements (continued)
| Prior Year Comparative Balance at 30th June 2019 £ Brain Tumour Appeal 3,816 CTT Charity Payments Give as you live 21 Diabetes - District Youth Activities 4,295 Fendall Village School 50 LCIF 200 Lions Life Skills - MD Disaster Fund - North Sea Lions 4,462 Partners Appeal 10,728 SightSaver 300 Sight Testing - Water Projects 6,125 Other Designated Appeals - Current District Appeals 29,996 Humanitarian Emergency Fund 4,489 R White 838 Life Skills 247 Life Skills for Global Brigades 600 Total Other District 105CW Appeals 6,174 Total Designated Funds 36,170 Unrestricted Revenue Fund 9,311 Total Funds 45,481 |
Collections 2019/2020 £ 4,132 - 300 2,850 38,122 - 18,875 250 1,209 9,112 400 1,100 1,167 77,517 - - - - - 77,517 164 77,681 |
Disbursements 2019/2020 £ (7,948) - (300) (72) (50) (36,822) - (18,875) (3,738) (12,531) (9,412) - (7,225) (1,105) (98,078) - - - - - (98,078) - (98,078) |
Movements 2019/2020 £ - - - - - - - - - 600 - - - - 600 - - - (600) (600) - - - |
Balance at 30th June 2020 £ - 21 - 7,073 - 1,500 - - 974 6 - 400 - 62 |
|---|---|---|---|---|
| 10,035 4,489 838 247 - |
||||
| 5,574 | ||||
| 15,609 | ||||
| 9,475 | ||||
| 25,084 |
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