Trustees’ Annual Report for the period
From 1[st] September 2020 Period start date To 31[st] August 2021 Period end date
Charity name: Leicestershire County Federation of Young Farmers Clubs Charity registration number:515604
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To advance the education of young members of the public at large in agriculture, home crafts, country life and related subjects; and In the interests of the social welfare of such members of the public to provide and promote the provision of facilities for recreation and other leisure time occupations, being facilities which will improve their conditions of life and will assist in the development of their spiritual and mental capacities, self-reliance and individual responsibility so that they may grow to full maturity as individuals and members of the community. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Led by young people, for young people, Leicestershire Federation of Young Farmers' Clubs (LFYFC) provide anyone aged 10 to 26 with a unique opportunity to develop skills, work with their local communities, undertake charitable work, travel abroad, take part in a varied competitions programme and enjoy a dynamic social life. We work with these rural young people to help them realise their full potential so they can become active and valuable members of their local community. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The Trustees of Leicestershire County Federation of Young Farmers Clubs have had regard of the guidance issued by the charity commission. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making
Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Due to the covid pandemic we were unable to run our usual calendar of activities during this period. LFYFC was still able to continue to achieve its charitable objectives and engage with members by using online and virtual platforms alongside a few smaller in person activities when restrictions allowed. Our greatest achievements was our second Virtual Rally (competitions day), which received 137 entries across 12 competitions as well as reaching a huge online audience. Our other main achievement was hosting a Drive In Living Nativity for the local community and in aid of local good causes. As well as the 800 people in attendance the Nativity was broadcast live on the local radio station reaching an even larger audience. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
Investment performance Para 1.41 against objectives Other
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | LFYFC is in a strong financial position despite the financial difficulties caused by the covid pandemic. At the end of this period LFYFC made a profit of £8,258.24. This was predominantly thanks to grants from two donors to support us through the covid pandemic. This surplus will be used in the next financial period to support our clubs and countyto rebuild from the slumpcovid caused. |
| Statement explaining the policy for holding reserves statingwhytheyare held |
Para 1.22 | LFYFC holds approximately one years running costs in reserves as advised by the Charity Commission |
| Amount of reserves held | Para 1.22 | £108,499.50 |
| Reasons for holding zero reserves |
Para 1.22 | n/a |
| Details of fund materially in deficit |
Para 1.24 | n/a |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | n/a |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Unincorporated association |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed by the Executive committee and in line with our safe recruitment policy. |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Leicestershire County Federation of Young Farmers Clubs |
|---|---|
| Other name the charity uses | LFYFC |
| Registered charity number | 515604 |
| Charity’s principal address | YFC Office, Mole Cottage, Brooksby Campus Brooksby Leicestershire, LE14 2LJ |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Martyn Joyce | CountyPresident | AGM- 6thOctober 2021 | Executive Committee | |
| GregParkes | CountyChairman | AGM- 6thOctober 2021 | Executive Committee | |
| Elizabeth Charles | Retiring County Chairman |
AGM- 6thOctober 2021 | Executive Committee | |
| Bryan Lovegrove | AGM- 6thOctober 2021 | Executive Committee | ||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
LFYFC hold two sets of restricted funds. 1. Barwell and Earl Shilton Fund These are the funds from a disbanded club from within our Federations. 2. TGN Stops Funds A legacy left to LFYFC which membership can apply to for funding of personal development activities. |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
The TGN Stops fund gives members the opportunity to develop and advance their education in the areas of agriculture, country life and travel- in line with our charity objectives. |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
These two funds are kept in separate accounts to the rest of our assets. |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of adviser Name Address |
Type of adviser Name Address |
Type of adviser Name Address |
|---|---|---|
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
n/a
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Emma Lovegrove | ||
County Organiser |
||
| 17thMarch 2022 | ||
| 17thMarch 2022 |
LEICESTERSHIRE & RUTLAND YOUNG FARMER'S CLUB
INCOME AND EXPENDITURE ACCOUNT FOR PERIOD ENDING 31st AUGUST 2021
| Grants / Funding HMRC JRS (Furlough Grant) Longwill Grant LPTC NFU Mutual Agency Giving Fund Fund Raising Events Friends of LFYFC Live Nativity Service Charitable Donations (FCN) Other - £50 Challenge/Quiz Other/Refunds Social Events Dinner Dance 2019 Rally 2020 Harvest Festival AGM Conference Membership Administration National Levies County Levies Insurance Membership Cards County Adminstration Salaries Clerical Support Pensions DBS Checks HM Revenue and Customs Photocopier Printing, Postage & Stationary Travel Expenses Telephone Website Miscellaneous Room Hire & Pitch Hire Office Rent / Refurbishments Competitions Year Book Training County AGM VP Donations TGN Stops Fund Account Interest Sundry Tuck Shop Surplus/(Deficit) for the Year |
Income 9,794.59 14,000.00 5,000.00 5,376.35 420.00 2,465.78 - 1,000.00 650.00 - - - - 788.11 19,940.00 - - - - - - - - - - - - - - 65.00 - - - - - 2.08 - - - 59,501.91 |
Expenditure - - - - - 387.77 1,000.00 - - - - 41.95 - 10,795.40 - 3,171.84 162.26 23,756.64 655.47 3,524.50 220.00 2,490.24 653.08 371.20 - 946.27 86.25 251.66 - 464.08 - 931.00 - - 73.74 - 1,260.32 - 8,258.24 59,501.91 |
|---|---|---|
CHARITY COMMISSION
FOR ENGiAND AND WALES
Independent examlnerf6 report on th
accounts
R•ptrrt to th• tru•t••
m•mb•rn ol
L& ictrSTEIiSMlliii ojurfry ftinLM. hTW of Fn¢n
On •ccount• lor th• y••v
•nd•d
)1 loq
IOLI
Chwlty no
IgGo+
S•t out on pago•
I lo th8 truslè88 on my •x8mkn&tknn ofth• MLu4Jrtl# ol •bo¥e
thArty I'lh• TnÈst'l lh¢ yew ondod Sl 10¥120ti
R••pon¥lbllltl•• •nd b••1• h Iho charlty'B Iruslows, you wa re5tIO fty tho preparatson olth•
ol r•port
Ltwnts In eA%ordanc wilh tho requlremonts Ch3rtYas A¢t 2011
llha Acl'l.
I rewl in rospKt of my 8xarrinabOn ol Ihg Twsl's actsxnts carned out
under 8ectsn 145 01 tho 2011 Ad in c•rrybw
Addrtti,, GLL6b kAnn fthT OLI f pl LLILG v MTHLmsTOrvLY vAflkS LJt Ihly CJJmplolo11 Ihg OxAmlMI noodl lo huhNuhl rNiiwlal mallo11 d f1xn (Jee CC32, IndeMnd8nl fjAamln8llon ol thidty i¢LoWitJ' irl gUklan lorexdnwnernl, of iry Romi th th• •MmlMrwlihd lo dliclo••.