THE LEHMAN BROTHERS FOUNDATION EUROPE

Company limited by guarantee

Company Registration Number:
04279406 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

THE LEHMAN BROTHERS FOUNDATION EUROPE

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE LEHMAN BROTHERS FOUNDATION EUROPE

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The main objectives are the advancement of education and other purposes beneficial to the community. The main activity of LBFE is to make charitable donations.

Political and charitable donations

LBFE‘s key focus has been to supporting the work of the Red Cross in Ukraine, both providing essential aid to people who have fled their homes and also those with urgent humanitarian need whilst remaining within Ukraine. The support provided by the Red Cross included first aid, warm clothes, food, and water. LBFE is now in the second year of a grant agreement with the Go Live Theatre Projects (which was previously known as Mousetrap Theatre Projects) payable over a three-year period, thus continuing a longstanding relationship with the organisation. The support included the funding of a successful theatre event for primary school children in East London.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Peter Sherratt
Calvert Burkhart
Lisa Greenway
Emily Upton
Ruggero Magnoni
Valerie Samuel


Secretary Emily Upton

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
22 August 2024

And signed on behalf of the board by:
Name: Peter Sherratt
Status: Director

THE LEHMAN BROTHERS FOUNDATION EUROPE

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Cost of sales: ( 369,780 ) ( 315,250 )
Gross profit(or loss): (369,780) (315,250)
Other operating income: 639 2
Operating profit(or loss): (369,141) (315,248)
Interest receivable and similar income: 27,982 2,513
Profit(or loss) before tax: (341,159) (312,735)
Profit(or loss) for the financial year: (341,159) (312,735)

THE LEHMAN BROTHERS FOUNDATION EUROPE

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 1,254,948 1,631,107
Total current assets: 1,254,948 1,631,107
Creditors: amounts falling due within one year: 3 ( 35,000 ) ( 35,000 )
Net current assets (liabilities): 1,219,948 1,596,107
Total assets less current liabilities: 1,219,948 1,596,107
Creditors: amounts falling due after more than one year: 4 ( 35,000 )
Total net assets (liabilities): 1,219,948 1,561,107
Members' funds
Profit and loss account: 1,219,948 1,561,107
Total members' funds: 1,219,948 1,561,107

The notes form part of these financial statements

THE LEHMAN BROTHERS FOUNDATION EUROPE

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 August 2024
and signed on behalf of the board by:

Name: Peter Sherratt
Status: Director

The notes form part of these financial statements

THE LEHMAN BROTHERS FOUNDATION EUROPE

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    The accounts have been prepared under the historical cost convention, and in accordance with applicable UK accounting standards.

THE LEHMAN BROTHERS FOUNDATION EUROPE

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE LEHMAN BROTHERS FOUNDATION EUROPE

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 35,000 35,000
Total 35,000 35,000

THE LEHMAN BROTHERS FOUNDATION EUROPE

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due after more than one year note

  2022
  £
Other creditors 35,000
Total   35,000