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35,993 claims
Leo's operates a defined contribution pension scheme for all qualifying employees.
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund
Financial · Policy statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 18
Leo's charity is exempt from taxation on its activities.
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes
Financial · Policy statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 17
Leo's employment costs decreased slightly from £119,454 to £135,021 between 2024 and 2025.
Wages and salaries 128,504 114,838 Social security costs 3,852 2,349
Financial · Trend statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 17
Leo's trustees did not receive any remuneration or benefits during the year.
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year
Governance · Stakeholder position · From Leo's — annual report and accounts, year ending 30 September 2025, page 17
Leo's support costs decreased from £36,958 to £33,975 between 2024 and 2025.
Print, postage and stationery 619 - 619 721 Computer expenses 7,054 - 7,054 5,367
Financial · Trend statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 17
Leo's net movement in funds decreased from £232,810 to £199,220 between 2024 and 2025.
Unrestricted funds 26,712 44,705 Restricted funds 172,508 188,105
Financial · Trend statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 16
Leo's expenditure on charitable activities decreased in 2025 compared to 2024.
Staff costs 135,021 119,454 Depreciation and impairment 1,193 1,507
Financial · Trend statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 16
Leo's income from charitable activities decreased in 2025 compared to 2024.
Donations 20,279 26,280 Grants 179,860 226,399
Financial · Trend statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 15
Leo's trade creditors are recognized initially at transaction price and subsequently measured at amortised cost.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less
Financial · Procedural statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 14
Leo's financial liabilities are initially recognized at transaction price unless they constitute a financing transaction.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction
Financial · Procedural statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 14
The charity's unrestricted funds were £0 at the beginning of the year and ended with a deficit of £6,433.
Unrestricted Restricted Total Unrestricted Restricted Total funds funds funds funds 2025 2025 2025 2024 2024 2024 Notes £ £ £ £ £ £ Income from: Charitable activities 3 20,279 179,860 200,139 45,302 207,377 252,679 Total income 20,279 179,860 200,139 45,302 207,377 252,679
Financial · Observational claim · From Leo's — annual report and accounts, year ending 30 September 2025, page 10
The charity's fixed assets decreased from £2,659 to £1,466.
Fixed assets Tangible assets 10 1,466 2,659
Financial · Observational claim · From Leo's — annual report and accounts, year ending 30 September 2025, page 11
The charity's unrestricted funds decreased by £6,433 while restricted funds increased to £29,640.
Unrestricted Restricted Total Unrestricted Restricted Total funds funds funds funds 2025 2025 2025 2024 2024 2024 Notes £ £ £ £ £ £ Income from: Charitable activities 3 20,279 179,860 200,139 45,302 207,377 252,679 Total income 20,279 179,860 200,139 45,302 207,377 252,679
Financial · Observational claim · From Leo's — annual report and accounts, year ending 30 September 2025, page 10
The charity's financial statements were prepared in accordance with FRS 102 and the Charities Act 2011.
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)'
Financial · Procedural statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 12
The charity's financial statements were approved by the Board of Trustees.
The trustees' report was approved by the Board of Trustees.
Governance · Procedural statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 8
The charity is governed as a Charitable Incorporated Organisation (CIO) under its CIO Deed.
The charity is governed by its CIO Deed, dated 12 September 2018, and under this deed is constituted as a Charitable Incorporated Organisation (CIO).
Governance · Procedural statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 8
The charity's major risks are mitigated by existing systems and processes.
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Governance · Risk statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 8
The charity has reviewed its funding approach with a local law firm to secure long-term sustainability.
At the balance sheet date, the charity had an overall surplus of £23,207. The charity has reviewed the current funding approach and have worked with a local law firm, to help secure the longevity of the organisation and to build a robust sustainability plan that reduced the reliance on grants and supports long-term growth.
Commissioning · Commitment statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 7
The charity aims to maintain unrestricted funds at three to six months' expenditure level for financial stability.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.
Policy · Policy statement · From Leo's — annual report and accounts, year ending 30 September 2025, page 7
The charity maintained an overall surplus of £23,207 by trimming down services.
At the year end, the charity had an overall surplus £23,207 (2024: surplus of £22,288) During the financial year, the Charity has continued to trimmed down its services to ensure that it would be able to continue as a going concern.
Financial · Observational claim · From Leo's — annual report and accounts, year ending 30 September 2025, page 7