Trustees’ Annual Report for the period
From 1[st ] September 2022 Period start date To 31[st] August 2023 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 28 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 | The 2022-23 year has seen the charity go from strength to strength with our highest membership total for more 20 years (628 members). We hosted our second farm- based Harvest Festival with over 200 members in attendance from all over the county as we gave thanks to the harvest. Leicestershire Police open their doors to us for a day of demonstrations and talks on crime prevention in rural settings. We once again hosted our 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. Our first county-wide farm walk was a particular highlight with over 250 past and present members viewing the many aspects of a local farming enterprise. This was followed by our Agri debate in which a very accomplished panel discussed current topics including food inflation, sustainability, and new entrants. |
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 Para 1.41 set 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 | At the end of this period LFYFC made a forecasted loss of £7409.51. The loss was a remaining fallout of COVID. The federation offered financial support clubs to help them recover from the difficulties left by covid and reduced the membership levy to encourage membership growth. Largely due to the increase in membership, the charity is budgeting a health profit for the next financial period to replace this year's loss. |
| Statement explaining the policy for holding reserves stating why they are 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 | £102,604.57 |
| 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) |
|---|---|---|---|---|
| GregParkes | RetiringChair | AGM- 5thOctober 2022 | Executive committee | |
| Tom Smith | Chair | AGM- 5thOctober 2022 | Executive committee | |
| BeckyBusby | Vice Chair | AGM- 5thOctober 2022 | Executive committee | |
| RomanyMarshall | Minutes secretary | AGM- 5thOctober 2022 | Executive committee | |
| Martyn Joyce | President | AGM- 5thOctober 2022 | Executive committee | |
| Peter Hooper | Vice President | AGM- 5thOctober 2022 | Executive committee | |
| Bryan Lovegrove | Representative of Industry |
AGM- 5thOctober 2022 | Executive committee | |
| Tom Shepherd | Representative of Industry |
AGM- 5thOctober 2022 | Executive committee | |
| Mike Wells | Representative of Industry |
AGM- 5thOctober 2022 | Executive committee | |
| Charlotte Turner | Treasurer | AGM- 5thOctober 2022 | 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 | 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)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| 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 |
||
| June 2024 | ||
| June 2024 |
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