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|REGISTERED OFFICE:|20/22 Crofton Road|20/22 Crofton Road||
|---|---|---|---|
||Allenby<br>Industrial|Estate||
||Lincoln|||
|SOLICITORS:|Chattertons<br>Solicitors|||
||St Swithin's<br>Court|||
||1 Flavian Road|||
||Nettleham<br>Road|||
||Lincoln|||
|ACCOUNTANTS:|Saul Fairholm Limited|||
||Chartered<br>Accountants|||
||12Tentercroft Street|||
||Lincoln|||
|BANKERS:|National<br>Westminster||Bank pic|
||Smiths Bank Branch|||
||225 High Street|||
||Lincoln|||
|COMPANY||||
|REGISTRATION NO:|02518440|||
|CHARITY||||
|REGISTRATION NO:|703143|||





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|t the year|end the Charitable<br>Company<br>held|the following reserves:-||
|---|---|---|---|
|||2022|2021|
|Restricted|Funds|138,670|142,246|
|Unrestricted|Funds|275,076|249,898|
|||413,746|392,144|



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|Name:||Lincoln Pelican Trust Limited|||
|---|---|---|---|---|
|Company|Number:|02518440|||
|Charity Number:||703143|||
|Registered|Office:|20/22 Crofton Road,|||
|||Allenby<br>Industrial<br>Estate|||
|||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||






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||||Un-||Total|Total|
|---|---|---|---|---|---|---|
||||restricted|Restricted|Funds|Funds|
|||Note|Funds|Funds|2022|2021|
|INCOME:|||||||
|Donations<br>and Legacies|||12,454||12,454|7,529|
|Income from Other Trading Activities:|||||||
|Other|||4,480||4,480|9,626|
|Investment<br>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<br>on|||||||
|Charitable<br>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<br>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|





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||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<br>Funds:||||||||
|Other Charitable<br>Funds||15|275,076||||249,898|
|TOTAL CHARITY FUNDS|||413,746||||392,144|






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|DONATIONS<br>AND LEGACIES|DONATIONS<br>AND LEGACIES|DONATIONS<br>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<br>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<br>Grant (Restricted)||||3,021||
|Bishop Grosseteste University||-Education|&Skills Funding||8,000|
|Bromhead Medical|||||7,708|
|Furlough<br>Income||||11,498|52,892|
|LCC —Covid Grants||||8,812|16,475|
|LCC —Introducing<br>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<br>fee||||3,000|7,000|
|||||4,480|9,626|





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|ANALYSIS|OFE|XPENDITUR|E ON CHARIT|ABLE AC|TIVI|TIES|||
|---|---|---|---|---|---|---|---|---|
|||||Govern-|||||
|||Training|Social|ance|||2022|2021|
|||Services|~Enter<br>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|





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|NKT INCOME/<br>XPENDITURE<br>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<br>benefits ofthe key <br>2021;K66,654).|management<br>person|nel ofthe Charity|were f69,|
|---|---|---|---|
|||Number|Number|
|The average weekly number ofemployees|during the|||
|year was as follows:||||
|Support||||
|Social Enterprises||||
|||10||





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|||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<br>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|





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|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|





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|ANALYSIS OF CHARITABL|ANALYSIS OF CHARITABL|E FUNDS|||||
|---|---|---|---|---|---|---|
|At 31"March 2022||At<br>31.3.2021|Incoming<br>Resources|Outgoing<br>Resources|Transfers|At<br>313,2022|
|Restricted Funds|||||||
|Social Investment|Business|142,246||3,576||138,670|
|PCDL Grant|||84,885|84,885|||
|Lower Green|||||||
|Foundation<br>Grant|||10,000|10,000|||
|Innovation<br>Grant|||3,021|3,021|||
|People's Postcode|Lottery||17,000|17,000|||
|Furlough<br>Income|||11,498|11,498|||
|||142,246|126,404|129,980||138,670|
|Unrestricted<br>Funds||249,898|189,263|164,085||275,076|
|Total Funds||392,144|315,667|294,065||413,746|
|At 31"March 2021||At<br>31.3.2020|Incoming<br>Resources|Outgoing<br>Resources|Transfers|At<br>31.3.2021|
|Restricted Funds|||||||
|Social Investment|Business|153,020||10,774||142,246|
|PCDL Grant|||73,858|73,858|||
|Lower Green|||||||
|Foundation<br>Grant|||10,000|10,000|||
|Bromhead Medical|||7,708|7,708|||
|Bishop Grosseteste|||||||
|University<br>-Education &|||||||
|Skills Funding|||8,000|8,000|||
|Furlough<br>Income|||52,892|52,892|||
|LCC —Introducing|||||||
|Distance Learning|||10,000|10,000|||
|||153,020|162,458|173,232||142,246|
|Unrestricted<br>Funds||194,598|161,074|105,774||249,898|
|Total Funds||347,618|323,532|279,006||392,144|





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||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|





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|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<br>Income||||4,480|||9,626|
|INVESTMENT INCOME||||||||
|Bank Interest (Gross)||||(35)|||84|
|INCOMING RESOURCES FROM||||||||
|CHARITABLE ACTIVITIES||||||||
|Beneficiary Generated<br>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<br>Grant|||3,021|||||
|Furlough<br>Income|||11,498||52,892|||
|Bromhead Medical|||||7,708|||
|LCC —Covid Funding|||8812||16,475|||
|LCC —Introducing<br>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<br>and Welfare|||45,750||43,226|||
|Social Security Costs|||5,353||4,750|||
|Pension Contributions|||1,042||616|||
|Therapeutic<br>Payments|||2,427||807|||
|||||189,212|||175,182|
|CARRIED FORWARD||||126,455|||148,350|





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||||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<br>Charges||2,280|||3,191|||
|Rent and Rates||1,006|||825|||
|Light and Heat||7,628|||6,138|||
|Advertising<br>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|