| REGISTERED OFFICE: | 20/22 Crofton Road | 20/22 Crofton Road | |
|---|---|---|---|
| Allenby Industrial |
Estate | ||
| Lincoln | |||
| SOLICITORS: | Chattertons Solicitors |
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| St Swithin's Court |
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| 1 Flavian Road | |||
| Nettleham Road |
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| Lincoln | |||
| ACCOUNTANTS: | Saul Fairholm Limited | ||
| Chartered Accountants |
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| 12Tentercroft Street | |||
| Lincoln | |||
| BANKERS: | National Westminster |
Bank pic | |
| Smiths Bank Branch | |||
| 225 High Street | |||
| Lincoln | |||
| COMPANY | |||
| REGISTRATION NO: | 02518440 | ||
| CHARITY | |||
| REGISTRATION NO: | 703143 |
| t the year | end the Charitable Company held |
the following reserves:- | |
|---|---|---|---|
| 2022 | 2021 | ||
| Restricted | Funds | 138,670 | 142,246 |
| Unrestricted | Funds | 275,076 | 249,898 |
| 413,746 | 392,144 |
| Name: | Lincoln Pelican Trust Limited | |||
|---|---|---|---|---|
| Company | Number: | 02518440 | ||
| Charity Number: | 703143 | |||
| Registered | Office: | 20/22 Crofton Road, | ||
| Allenby Industrial Estate |
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| Lincoln | ||||
| Trustees: | The Trustees ofthe Charitable | Company | at the year end were:- | |
| Mr David George Beresford | ||||
| Mr Simon Jackson | ||||
| Mr Thomas Henry Hunter | ||||
| Mrs Elaine Gillian Hutton | ||||
| Miss Catriona Mary Ann Wheeler | ||||
| Mr Terence William Arthurs | —appointed | 8~September 2021 | ||
| Mr Robert Castle —appointed | 27~ September 2021 |
| Un- | Total | Total | ||||
|---|---|---|---|---|---|---|
| restricted | Restricted | Funds | Funds | |||
| Note | Funds | Funds | 2022 | 2021 | ||
| INCOME: | ||||||
| Donations and Legacies |
12,454 | 12,454 | 7,529 | |||
| Income from Other Trading Activities: | ||||||
| Other | 4,480 | 4,480 | 9,626 | |||
| Investment Income; |
||||||
| Interest Receivable | 6 | (35) | (35) | 84 | ||
| Income from Charitable | Activities: | |||||
| Vocational Training | 4 | 118,352 | 118,352 | 85,482 | ||
| Grants | 4 | 54,012 | 126,404 | 180,416 | 220,811 | |
| TOTAL INCOME | 189,263 | 126,404 | 315,667 | 323,532 | ||
| EXPENDITURE: | ||||||
| Cost ofRaising Funds | 4,480 | 4,480 | 9,626 | |||
| Expenditure on |
||||||
| Charitable Activities |
159,605 | 129,980 | 289,585 | 269,380 | ||
| TOTAL EXPENDITURE | 164,085 | 129,980 | 294,065 | 279,006 | ||
| NET INCOME/(EXPENDITURE) | ||||||
| FORTHE YEAR | 25,178 | (3,576) | 21,602 | 44,526 | ||
| TRANSFERS BETWEEN FUNDS | 15 | |||||
| NET MOVKMKNT IN FUNDS | 25,178 | (3,576) | 21,602 | 44,526 | ||
| RECONCILIATION OF FUNDS |
||||||
| Total Funds Brought Forward | 249,898 | 142,246 | 392,144 | 347,618 | ||
| Total Funds Carry Forward | 275,076 | 138,670 | 413,746 | 392,144 |
| LINCOL | N PELICAN TRUST | N PELICAN TRUST | LTD | ||||
|---|---|---|---|---|---|---|---|
| Balance | Sheet as at31"March | 2022 | |||||
| Note | 2022 | 2021 | |||||
| FIXEDASSETS | |||||||
| Tangible Assets | 10 | 164,296 | 167,042 | ||||
| CURRENT ASSETS | |||||||
| Stock | 12 | 7,482 | 7,734 | ||||
| Debtors | 13 | 31,127 | 33,643 | ||||
| Cash at Bank and in Hand | 232,589 | 195,697 | |||||
| 271,198 | 237,074 | ||||||
| CREDITORS: Amounts | falling | ||||||
| due within one year | 14 | (21,748) | (11,972) | ||||
| NET CURRENT ASSETS | 249,450 | 225, 102 | |||||
| TOTAL NET ASSETS | 413,746 | 392,144 | |||||
| THE FUNDS OF THK CHARITY | |||||||
| Restricted Funds | 15 | 138,670 | 142,246 | ||||
| Unrestricted Funds: |
|||||||
| Other Charitable Funds |
15 | 275,076 | 249,898 | ||||
| TOTAL CHARITY FUNDS | 413,746 | 392,144 |
| DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
DONATIONS AND LEGACIES |
|||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Donations:- | |||||
| John Dauber Trust | Foundation | 10,000 | |||
| Sundry Donations | 2,454 | 2,581 | |||
| Peter Hodgkinson | Trust | 4,948 | |||
| 12,454 | 7,529 | ||||
| The income from |
donations | was f12,454 (2021: K7,529) which | is all unrestricted | in both | |
| years. | |||||
| INCOME FROM | CHARITABLE ACTIVITES |
| NCOME FROM CHAR | ITA | BLE ACTI | VITES | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Incoming Resources from | Social Enterprises:- | ||||
| Personal Budget Income | 45,200 | 41,878 | |||
| People's Postcode Lottery | (Restricted) | 17,000 | |||
| PCDL Project (Restricted) | 84,885 | 73,858 | |||
| Lower Green Foundation | (Restricted) | 10,000 | 10,000 | ||
| Innovation Grant (Restricted) |
3,021 | ||||
| Bishop Grosseteste University | -Education | &Skills Funding | 8,000 | ||
| Bromhead Medical | 7,708 | ||||
| Furlough Income |
11,498 | 52,892 | |||
| LCC —Covid Grants | 8,812 | 16,475 | |||
| LCC —Introducing Distance |
Learning | 10,000 | |||
| 180,416 | 220,811 | ||||
| Vocational Training Beneficiary Generated | Sales | 118,352 | 85,482 | ||
| 298,768 | 306,293 | ||||
| NCOME EARNED FROM | OTHER TRADING ACTIVITIES | ||||
| 2022 | 2021 | ||||
| Room Hire and Catering | 1,480 | 2,626 | |||
| Management fee |
3,000 | 7,000 | |||
| 4,480 | 9,626 |
| ANALYSIS | OFE | XPENDITUR | E ON CHARIT | ABLE AC | TIVI | TIES | ||
|---|---|---|---|---|---|---|---|---|
| Govern- | ||||||||
| Training | Social | ance | 2022 | 2021 | ||||
| Services | ~Enter rises |
Costs | ~Sn | ort | Total | Total | ||
| Staff Costs | 135,251 | 43,468 | 178,719 | 180,603 | ||||
| Depreciation | & | |||||||
| Asset Disposal | 13,040 | 13,040 | 21,128 | |||||
| Premises | 10,914 | 10,914 | 10,154 | |||||
| Repairs and | ||||||||
| Maintenance | 2,727 | 16,483 | 19,210 | 12,269 | ||||
| Direct Purchases | 51,534 | 51,534 | 35,324 | |||||
| Pelican Place | ||||||||
| Travel | 1,827 | 1,827 | 103 | |||||
| Advertising | and | |||||||
| Exhibitions | 60 | 60 | ||||||
| Insurance | 3,396 | 874 | 4,270 | 4,194 | ||||
| Other | 3,515 | 2,550 | 8,426 | 14,491 | 15,231 | |||
| 211,350 | 2,550 | 80,165 | 294,065 | 279,006 | ||||
| Allocation of | ||||||||
| Support Costs | 4,480 | 75,685 | (80,165) | |||||
| 4,480 | 287,035 | 2,550 | 294,065 | 279,006 |
| NKT INCOME/ XPENDITURE FOR |
THE YEAR | |
|---|---|---|
| 2022 | 2021 | |
| This is stated aAer charging: | ||
| Depreciation | 13,040 | 17,997 |
| Staff Costs (Note 9) | 178,719 | 180,603 |
| ANALYSIS OF STAFF COSTS AND TRUSTEE REMUNERATION | ||
| AND EXPENSES | ||
| 2022 | 2021 | |
| Wages and Salaries | 169,472 | 172,994 |
| Social Security Costs | 7,763 | 6,944 |
| Pension Costs | 1,484 | 665 |
| 178,719 | 180,603 |
| he total employment benefits ofthe key 2021;K66,654). |
management person |
nel ofthe Charity | were f69, |
|---|---|---|---|
| Number | Number | ||
| The average weekly number ofemployees | during the | ||
| year was as follows: | |||
| Support | |||
| Social Enterprises | |||
| 10 |
| Un- | |||||
|---|---|---|---|---|---|
| Restricted | restricted | Un- | |||
| Long | Property | Restricted | restricted | ||
| Leasehold | Improve- | Plant and | Plant and | ||
| ~Pro e~ | ments | Mach~era | Mach~era | Total | |
| COST: | |||||
| At 1"April 2021 | 178,901 | 31,057 | 77,086 | 208,638 | 495,682 |
| Additions | 10,294 | 10,294 | |||
| Disposals | |||||
| At 31"March 2022 | 178,901 | 31,057 | 77,086 | 218,932 | 505,976 |
| DEPRECIATION: | |||||
| At 1"April 2021 | 36,655 | 25,107 | 77,086 | 189,792 | 328,640 |
| Provisions for the Year |
3,576 | 850 | 8,614 | 13,040 | |
| On Disposals | |||||
| At 31"March 2022 | 40,231 | 25,957 | 77,086 | 198,406 | 341,680 |
| NET BOOK VALUE; | |||||
| At 31"March 2022 | 138,670 | 5,100 | 20,526 | 164,296 | |
| At 31"March 2021 | 142,246 | 5,950 | 18,846 | 167,042 |
| Un- | |||||
|---|---|---|---|---|---|
| Restricted | restricted | Un- | |||
| Long | Property | Restricted | restricted | ||
| Leasehold | Improve- | Plant and | Plant and | ||
| ~Pro e~ | ments | Mach~era | Mach~era | Total | |
| Charitable | |||||
| Activity Purposes | 138,670 | 5,100 | 20,526 | 164,296 |
| 12. | STOCK | |||||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Stocks | 3,505 | 4,580 | ||||
| Work in | Progress | 3,977 | 3,154 | |||
| 7,482 | 7,734 | |||||
| 13. | DEBTORS | |||||
| 2022 | 2021 | |||||
| Amounts | recoverable | within one year:- | ||||
| Trade Debtors | 19,658 | 15,284 | ||||
| Prepayments | and Accrued Income | 7,151 | 7,512 | |||
| Other Debtors | 4,318 | 10,847 | ||||
| 31,127 | 33,643 | |||||
| 14. | CREDITORS | |||||
| 2022 | 2021 | |||||
| Amounts | falling due | within one year: | ||||
| Trade Creditors | 16,765 | 7,043 | ||||
| Accruals | and | Other Creditors | 4,983 | 4,929 | ||
| 21,748 | 11,972 |
| ANALYSIS OF CHARITABL | ANALYSIS OF CHARITABL | E FUNDS | ||||
|---|---|---|---|---|---|---|
| At 31"March 2022 | At 31.3.2021 |
Incoming Resources |
Outgoing Resources |
Transfers | At 313,2022 |
|
| Restricted Funds | ||||||
| Social Investment | Business | 142,246 | 3,576 | 138,670 | ||
| PCDL Grant | 84,885 | 84,885 | ||||
| Lower Green | ||||||
| Foundation Grant |
10,000 | 10,000 | ||||
| Innovation Grant |
3,021 | 3,021 | ||||
| People's Postcode | Lottery | 17,000 | 17,000 | |||
| Furlough Income |
11,498 | 11,498 | ||||
| 142,246 | 126,404 | 129,980 | 138,670 | |||
| Unrestricted Funds |
249,898 | 189,263 | 164,085 | 275,076 | ||
| Total Funds | 392,144 | 315,667 | 294,065 | 413,746 | ||
| At 31"March 2021 | At 31.3.2020 |
Incoming Resources |
Outgoing Resources |
Transfers | At 31.3.2021 |
|
| Restricted Funds | ||||||
| Social Investment | Business | 153,020 | 10,774 | 142,246 | ||
| PCDL Grant | 73,858 | 73,858 | ||||
| Lower Green | ||||||
| Foundation Grant |
10,000 | 10,000 | ||||
| Bromhead Medical | 7,708 | 7,708 | ||||
| Bishop Grosseteste | ||||||
| University -Education & |
||||||
| Skills Funding | 8,000 | 8,000 | ||||
| Furlough Income |
52,892 | 52,892 | ||||
| LCC —Introducing | ||||||
| Distance Learning | 10,000 | 10,000 | ||||
| 153,020 | 162,458 | 173,232 | 142,246 | |||
| Unrestricted Funds |
194,598 | 161,074 | 105,774 | 249,898 | ||
| Total Funds | 347,618 | 323,532 | 279,006 | 392,144 |
| Un- | ||
|---|---|---|
| restricted | Restricted | |
| As at31"March 2022 | Funds | Funds |
| Non Current Assets | 25,626 | 138,670 |
| Current Assets | 271,198 | |
| Current Liabilities | (21,748) | |
| Total Net Assets | 275,076 | 138,670 |
| Un- | ||
| restricted | Restricted | |
| As at 31"March 2021 | Funds | Funds |
| Non Current Assets | 24,796 | 142,246 |
| Current Assets | 237,074 | |
| Current Liabilities | (11,972) | |
| Total Net Assets | 249,898 | 142,246 |
| Income and | Kx enditure | Account | for the | ear ended 31"March | 2022 | ||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| VOLUNTARY INCOME | |||||||
| Donations | 12,454 | 7,529 | |||||
| ACTIVITIES FOR GENERATING FUNDS | |||||||
| Miscellaneous Income |
4,480 | 9,626 | |||||
| INVESTMENT INCOME | |||||||
| Bank Interest (Gross) | (35) | 84 | |||||
| INCOMING RESOURCES FROM | |||||||
| CHARITABLE ACTIVITIES | |||||||
| Beneficiary Generated Sales |
118,352 | 85,482 | |||||
| PCDL Grant Funding | 84,885 | 73,858 | |||||
| People's Postcode Lottery | 17,000 | ||||||
| Lower Green Foundation | Grant | 10,000 | 10,000 | ||||
| Personal Budget Income | 45,200 | 41,878 | |||||
| Innovation Grant |
3,021 | ||||||
| Furlough Income |
11,498 | 52,892 | |||||
| Bromhead Medical | 7,708 | ||||||
| LCC —Covid Funding | 8812 | 16,475 | |||||
| LCC —Introducing Distance Learning |
10,000 | ||||||
| Bishop Grosseteste University | |||||||
| -Education &Skills Funding | 8,000 | ||||||
| 298,768 | 306,293 | ||||||
| 315,667 | 323,532 | ||||||
| DIRECT COSTS | |||||||
| Purchases | 51,534 | 35,324 | |||||
| Wages - Technical Trainees and Helpers | 83,106 | 90,459 | |||||
| Wages - Administration and Welfare |
45,750 | 43,226 | |||||
| Social Security Costs | 5,353 | 4,750 | |||||
| Pension Contributions | 1,042 | 616 | |||||
| Therapeutic Payments |
2,427 | 807 | |||||
| 189,212 | 175,182 | ||||||
| CARRIED FORWARD | 126,455 | 148,350 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| BROUGHT FORWARD | 126,455 | 148,350 | |||||
| OTHER COSTS | |||||||
| Wages —Administration | 40,616 | 39,309 | |||||
| Social Security Costs | 2,410 | 2,194 | |||||
| Pension Contributions | 442 | 49 | |||||
| Redundancy | 450 | ||||||
| Motor and Travel Expenses | 1,804 | 103 | |||||
| Trainee Travel Expenses | 23 | ||||||
| Telephone Charges |
2,280 | 3,191 | |||||
| Rent and Rates | 1,006 | 825 | |||||
| Light and Heat | 7,628 | 6,138 | |||||
| Advertising and Exhibitions |
60 | ||||||
| Insurance | 4,270 | 4,194 | |||||
| Depreciation | 13,040 | 17,997 | |||||
| Repairs and Renewals | 19,210 | 12,269 | |||||
| Stationery, Postage and Carriage | 1,051 | 1,140 | |||||
| Cleaning Costs | 165 | 391 | |||||
| External Accountancy | and Audit Fees | 3,592 | 4,159 | ||||
| Incidentals | 711 | 534 | |||||
| Bank Charges | 595 | 899 | |||||
| ITCosts | 5,950 | 6,851 | |||||
| Loss on Disposal ofAssets | 3,131 | ||||||
| 104,853 | 103,824 | ||||||
| SURPLUS FORTHE | YEAR | 21,602 | 44,526 |