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|REGISTERED OFFICE:|20/22 Croflon Road|20/22 Croflon Road||
|---|---|---|---|
||Allenby
Industrial|Estate||
||Lincoln|||
|SOLICITORS:|Chattertons
Solicitors|||
||StSwithin's
Court|||
||1 Flavian Road|||
||Nettleham
Road|||
||Lincoln|||
|ACCOUNTANTS:|Saul Fairholm Limited|||
||Chartered Accountants|||
||12Tentercroft Street|||
||Lincoln|||
||National
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 e|nd the Charitable
Company
held|the following reserves:-||
|---|---|---|---|
|||2023|2022|
|Restricted Funds||135,094|138,670|
|Unrestricted|Funds|297,717|275,076|
|||432,811|413,746|
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||||||
|---|---|---|---|---|
|Name:||Lincoln Pelican Trust Limited|||
|Company|Number:|02518440|||
|Charity Number:||703143|||
|Registered|Oftlce:|20/22 Croiton Road,|||
|||Allenby
Industrial
Estate|||
|||Lincoln|||
|||LN3 4NL|||
|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|||
|||Mr Robert Castle|||
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||||Un-||Total|Total|
|---|---|---|---|---|---|---|
||||restricted|Restricted|Funds|Funds|
|||Note|Funds|Funds|2023|2022|
|INCOME:|||||||
|A Donations
and Legacies
Income from Other Trading Activities:||3|g8 539||8,539|12,454|
|Other
Investment
Income:||5|1,040||1,040|4,480|
|Interest Receivable
Income fiom Charitable|Activities:|6|918||918|(35)|
|Vocational
Training
Grants||4
4|6140,578
( 46,040|@
-
151,351|140,578
197,391|118,352
180,416|
|TOTAL INCOME|||197,115|151,351|5348,466|315,667|
|EXPENDITURE:|||||||
|Cost ofRaising Funds
Expenditure
on|||1,040||1,040|4,480|
|Charitable
Activities||7|173,434|154,927|328,361|289,585|
|TOTAL EXPENDITURE|||174,474|154,927|I' 329,401|294,065|
|NET INCOME/(EXPENDITURE)|||||||
|FOR THE YEAR|||22,641|(3,576)|19,065|21,602|
|TRANSFERS BETWEEN FUNDS||14|||||
|NKT MOVEMKNT IN FUNDS|||22,641|(3,576)|19,065|21,602|
|RECONCILIATION
OF|FUNDS||||||
|Total Funds Brought Forward|||275,076|138,670|413,746|392,144|
|Total Funds Carry Forward|||297,717|135,094|432,811|413,746|
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|Long Leasehold Property|2%|Straight Line Method|
|---|---|---|
|Property Improvements|10%|Straight Line Method|
|Unrestricted
Plant and Machinery|330/|Straight Line Method|
|Restricted Plant and Machinery|10%|Straight Line Method|
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|ONATIONS
AND LEGACIES|||
|---|---|---|
||2023|2022|
|Donations:-|||
|John Dauber Trust Foundation|4,000|10,000|
|Sundry Donadons|4,539|2,454|
||8,539|12,454|
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||||2023|2022|
|---|---|---|---|---|
|Incoming Resources I'rom|Social Enterprises:—||||
|Personal Budget Income
People's Postcode Lottery
PCDL Project (Restricted)
Lower Green Foundation|(Resnicted)
(Restricted)||46,040
94,211
10,000|45,200
17,000
84,885
10,000|
|Innovation
Grant (Restricted)
Furlough
Income
LCC —Covid Grants||||3,021
11,498
8,812|
|Multiply
Programme
(Restricted)|||10,640||
|Screwfix (Restricted)
ESF—Flying High (Restricted)|||4,500
12,000||
|BNA (Restricted)|||20,000||
||||197,391|180,416|
|Vocational
Training Beneficiary Generated||Sales|140,578|118,352|
||||337,969|298,768|
|NCOME EARNED FROM OTHER TRADING ACTIVITIES|||||
||||2023|2022|
|Room Hire and Catering|||1,040|1,480|
|Management
fee||||3,000|
||||1,040|4,480|
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|ANALYSIS OFE|XPENDITUR|E ON CHARI|TABLE AC|TIVITIES|||
|---|---|---|---|---|---|---|
||||Govern-||||
||Training|Social|ance||2023|2022|
||Services|E~l|Costs|Stuart|Total|Total|
|StaffCosts
Depreciation
8c||156,928||47,461|204,389|178,719|
|Asset Disposal
Premises
Repairs and||20,280||13,908|20,280
13,908|13,040
10,914|
|Maintenance
Direct Purchases
Travel
Advertising
and||7,444
60,594
1,517||2,393|9,837
60,594
1,517|19,210
51,534
1,827|
|Exhibitions||1,076|||1,076|60|
|Insurance
Other||3,421
3,673|2,550|856
7,300|4,277
13,523|4,270
14,491|
|Allocation of||254,933|2,550|71,918|329,401|294,065|
|Support Costs|1,040|70,878||(71,918)|||
||1,040|325,811|2,550||329,401|294,065|
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|This is stated after charging:|2023|2022|
|---|---|---|
|Depreciation
StaffCosts (Note 9)|20,154
+204,389|13,040
178,719|
|ND E|
XPENSES|||
|---|---|---|---|
|||2023|2022|
|Wages
Social
Pension|and Salaries
Security Costs
Costs|191,844
9,567
2,978|169,472
7,763
1,484|
|||204,389|178,719|
|he total employment
benefits ofthe key
2022:f69,574).|management
person|nel ofthe Charity|were f75,1|
|---|---|---|---|
|||Number|Number|
|The average weekly number ofemployees|during the|||
|year was as follows:||||
|Support||||
|Social Enterprises||||
|||12|10|
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|||Un-||||
|---|---|---|---|---|---|
||Restricted|restricted||Un-||
||Long|Property|Restricted|restricted||
||Leasehold|Improve-|Plant and|Plant and||
||~Pro
e|ments|~Mhi|M~hh|Total|
|||f.||||
|COST:||||||
|At 1"April 2022|178,901|31,057|77,086|218,932|505,976|
|Additions||2,740||46,136|48,876|
|Disposals||||(344)|(344)|
|At 31"March 2023|178,901|33,797|77,086|264,724|554,508|
|DEPRECIATION:||||||
|At 1"April 2022|40,231|25,957|77,086|198,406|341,680|
|Provisions
for the Year|3,576|987||15,591|20,154|
|On Disposals||||(218)|(218)|
|At 31"March 2023|43,807|26,944|77,086|213,779|361,616|
|NET BOOKVALUE:||||||
|At31"March 2023|135,094|6,853||50,945|192,892|
|At 31"March 2022|138,670|5,100||20,526|164,296|
|||Un-|||||
|---|---|---|---|---|---|---|
||Restricted|restricted|||Un-||
||Long|Property|Restricted|restricted|||
||Leasehold|Improve-|Plant and|Plant|and
'||
||~Pro er|ments|M~hi|~Ml||Total|
|Charitable|||||||
|Activity Purposes|138,094|6,853||50,945||192,892|
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||||2023|2022|
|---|---|---|---|---|
||Stocks
Work in Progress||11,453
3,821|3,505
3,977|
||||15,274|7,482|
|12.|DEBTORS||||
||Amounts
recoverable|within one year:-|2023|2022|
||Trade Debtors
Prepayments
and Accrued Income
Other Debtors||28,025
7,885
9,620|19,658
7,151
4,318|
||||45,530|31,127|
|13.|CREDITORS||||
||||2023|2022|
||Amounts
falling due|within one year:|||
||Trade Creditors
Accruals and Other Creditors||11,170
5,079|16,765
4,983|
||||16,249|21,748|
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|At 31"March 2023|At 31"March 2023|At
31.3.2022|Incoming
Resources|Outgoing
Resources|Transfers|At
31.3.2023|
|---|---|---|---|---|---|---|
|Restricted Funds|||||||
|Social Investment
PCDL Grant|Business|138,670|94,211|3,576
94,211||135,094|
|Lower Green|||||||
|Foundation
Grant|||10,000|10,000|||
|Multiply
Programme|||10,640|10,640|||
|ESFGrant —Fly High|||12,000|12,000|||
|Screwfix|||4,500|4,500|||
|BNA|||20,000|20,000|||
|||138,670|151,351|154,927||135,094|
|Unrestricted
Funds||275,076|197,115|174,474||297,717|
|Total Funds||413,746|348,466|329,401||432,811|
|At 31"March 2022||At
31.3.2021|Incoming
Resources|Outgoing
Resources|Transfers|At
31.3.2022|
|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|Lottesy||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|
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||Un-||
|---|---|---|
|As at31"March 2023|restricted
Funds|Restricted
Funds|
|Non Current Assets
Current Assets|57,798
256,168|135,094|
|Current Liabilities|(16,249)||
|Total Net Assets|297,717|135,094|
||Un-||
|As at31"March 2022|restricted
Funds|Restricted
Funds|
|Non Current Assets
Current Assets|25,626
271,198|138,670|
|Current Liabilities|(21,748)||
|Total Net Assets|275,076|138,670|
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||||2023||2022|
|---|---|---|---|---|---|
|VOLUNTARY INCOME||||||
|Donations|||8,539||12,454|
|ACTIVITIES FOR GENERATING FUNDS||||||
|Miscellaneous
Income|||1,040||4,480|
|INVESTMENT INCOME||||||
|Bank Interest (Gross)|||918||(35)|
|INCOMING RESOURCES FROM||||||
|CHARITABLE ACTIVITIES||||||
|Beneficiat3
Generated
Sales
PCDL Grant Funding
People's Postcode Lottery
Lower Green Foundation
Grant
Personal Budget Income
Innovation
Grant
Furlough
Income
LCC —Cond Funding
Multiply
Programme
ESF||140,578
94,211
10,000
46,040
10,640
12,000||118,352
84,885
17,000
10,000
45,200
3,021
11,498
8,812||
|BNA||20,000||||
|Screwfix||4,500||||
||||337,969||298,768|
|DIRECT COSTS|||348,466||315,667|
|Purchases
Wages - Technical Trainees
Wages - Administration
and
Social Security Costs
Pension Contributions
Therapeutic
Payments|and Helpers
Welfare|60,594
92,320
55,749
6,783
2,076
2,758||51,534
83,106
45,750
5,353
1,042
2,427||
||||220,280||189,212|
|CARRIED FORWARD|||128,186||126,455|
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|||2023||2022||
|---|---|---|---|---|---|
|BROUGHTFORWARD||128,186|||126,455|
|OTHER COSTS||||||
|Wages —Administration
Social Security Costs
Pension Contributions|43,775
2,784
902||40,616
2,410
442|||
|Training
Costs|915|||||
|Motor and Travel Expenses
Trainee Travel Expenses
Telephone
Charges
Rent and Rates
Light and Heat
Advertising
and Exhibitions
Insurance
Depreciation
Loss on Asset Disposal|1,409
108
3,184
695
10,029
1,076
4,277
20,154
126||1,804
23
2,280
1,006
7,628
60
4,270
13,040|||
|Repairs and Renewals
Stationery, Postage and Carriage
Cleaning Costs
External Accountancy
and Audit Fees
Incidentals
Bank Charges
IT Costs|9,837
514
599
3,577
35
704
4,421||19,210
1,051
165
3,592
711
595
5,950|||
|||109,121|||104,853|
|SURPLUS FORTHE YEAR||19,065|||21,602|