REGISTERED CHARITY NUMBER: 1058106
Report of the Trustees and Unaudited Financial Statements for the Year Ended 30th September 2021
for
The Greenheart Trust
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
The Greenheart Trust
Contents of the Financial Statements
for the Year Ended 30th September 2021
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 9 |
| Detailed Statement of Financial Activities | 10 |
The Greenheart Trust
Report of the Trustees
for the Year Ended 30th September 2021
The trustees present their report with the financial statements of the charity for the year ended 30th September 2021. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Greenheart Trust was established to protect and preserve Guyana's magnificent and precious flora and fauna.
Significant activities
We support individuals and grass root organisations in their work to conserve Guyana's natural heritage.
Public benefit
The Trustees have read and follow the guidance issued by the Charity Commission on public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Greenheart Trust has supported public awareness and legal campaigns in Guyana for the public benefit, including promoting the rule of law and the protection of Guyana's rich natural heritage for current and future generations.
FINANCIAL REVIEW Reserves policy
The Charity does not hold a reserve.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1058106
Principal address
Dairy House Stoneleigh Abbey Kenilworth CV8 2LF
Trustees
J K Paull (resigned May 2022) S Keats M A G Dixon V Persaud (appointed May 2022)
Independent Examiner
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
Page 1
The Greenheart Try rt of the Try5¢ ror the I'tar Ended 311th St ttmber 20ZI Appro% ed bs" order ofihe iwrd of trustees on .. . and signed on its Ihalf . S Kiai&-"I ntsl¢r
Independent Examiner's Report to the Trustees of The Greenheart Trust
Independent examiner's report to the trustees of The Greenheart Trust
I report to the charity trustees on my examination of the accounts of The Greenheart Trust (the Trust) for the year ended 30th September 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Susan West FCA West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
Date: 1[st] June 2022
Page 3
The Greenheart Trust
Statement of Financial Activities for the Year Ended 30th September 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2,241 EXPENDITURE ON Raising funds 2 1,303 Charitable activities Support of legal action to protect the environment in Guyana - Total 1,303 NET INCOME 938 RECONCILIATION OF FUNDS Total funds brought forward 14,386 TOTAL FUNDS CARRIED FORWARD 15,324 |
Restricted funds £ 188,753 477 109,410 109,887 78,866 16,022 94,888 |
2021 Total funds £ 190,994 1,780 109,410 111,190 79,804 30,408 110,212 |
2020 Total funds £ 70,433 3,765 48,437 52,202 18,231 12,177 30,408 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Th reenhe•rt Trnst Yalntt Shee¢ Jllth St itmber 2021 21121 Total fuods 2020 TIAal funds Ltnrtrtricted turHJ RcMri(tyJ funds CI'RRE+4T.ASSETS Cash ai bank 16223 94J89 31.7?8 CREDITORS Amounts falling due 14ithin Me 1¢2r 11.3?0Tr 4ET CI'RREThT 45SETS 94J89 110212 -10.4118 TOTAL..ISSETS LESS CI RRENT LI.4BILITIES 94 t10212 R(k.408 ET ASSETS 1.SJ23 94J89 110212 -10.408 FI.YD5 Unrcswicied funds R<¥triaed funds 14.386 16.07? 94.889 TOT.4L FiIOS II0212 10.408 The finan¢i2I siaiemeTrts approied b: the Board of Trustees and aUrISed Ivr issue on Jo/o&.J..I . and iiete Signed its Fhall M.. S KLats-"l TU.lLL The nOS fonn of thesc financial 5tsteTncnts Pagc 5
The Greenheart Trust
Notes to the Financial Statements for the Year Ended 30th September 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. RAISING FUNDS
| Raising donations and legacies | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Support costs | 1,780 | 3,765 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30th September 2021 nor for the year ended 30th September 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30th September 2021 nor for the year ended 30th September 2020.
Page 6
continued...
The Greenheart Trust
Notes to the Financial Statements - continued for the Year Ended 30th September 2021
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| £ | £ | £ | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 4,012 | 66,421 | 70,433 | ||
| EXPENDITURE ON | |||||
| Raising funds | 1,773 | 1,992 | 3,765 | ||
| Charitable activities | |||||
| Support of legal action to protect the | |||||
| environment in Guyana | 30 | 48,407 | 48,437 | ||
| Total | 1,803 | 50,399 | 52,202 | ||
| NET INCOME | 2,209 | 16,022 | 18,231 | ||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 12,177 | - | 12,177 | ||
| TOTAL FUNDS CARRIED FORWARD | 14,386 | 16,022 | 30,408 | ||
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Other creditors | 900 | 1,320 | |||
| 6. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| At | movement | At | |||
| 1.10.20 | in funds | 30.9.21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 14,386 | 938 | 15,324 | ||
| Restricted funds | |||||
| 1 | 6,225 | (470) | 5,755 | ||
| 2 | 3,039 | 85,545 | 88,584 | ||
| 3 | 6,758 | **(6,209) ** | 549 | ||
| 16,022 | 78,866 | 94,888 | |||
| TOTAL FUNDS | 30,408 | **79,804 ** | 110,212 |
continued...
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The Greenheart Trust
Notes to the Financial Statements - continued for the Year Ended 30th September 2021
6. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 2,241 Restricted funds 1 572 2 188,181 3 - 188,753 TOTAL FUNDS 190,994 Comparatives for movement in funds At 1.10.19 £ Unrestricted funds General fund 12,177 Restricted funds 1 - 2 - 3 - - TOTAL FUNDS 12,177 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 4,012 Restricted funds 1 6,225 2 53,438 3 6,758 66,421 TOTAL FUNDS 70,433 |
Resources Movement expended in funds £ £ (1,303) 938 (1,042) (470) (102,636) 85,545 (6,209) (6,209) (109,887) 78,866 (111,190) 79,804 Net movement At in funds 30.9.20 £ £ 2,209 14,386 6,225 6,225 3,039 3,039 6,758 6,758 16,022 16,022 18,231 30,408 Resources Movement expended in funds £ £ (1,803) 2,209 - 6,225 (50,399) 3,039 - 6,758 (50,399) 16,022 (52,202) 18,231 |
|---|---|
continued...
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The Greenheart Trust
Notes to the Financial Statements - continued for the Year Ended 30th September 2021
6. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds 1 2 3 TOTAL FUNDS |
Net At movement At 1.10.19 in funds 30.9.21 £ £ £ 12,177 3,146 15,323 - 5,755 5,755 - 88,585 88,585 - 549 549 - 94,889 94,889 12,177 98,035 110,212 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds 1 2 3 TOTAL FUNDS |
Incoming resources £ 6,253 6,797 241,619 6,758 255,174 261,427 |
Resources Movement expended in funds £ £ (3,107) 3,146 (1,042) 5,755 (153,034) 88,585 (6,209) 549 (160,285) 94,889 (163,392) 98,035 |
|---|---|---|
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30th September 2021.
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The Greenheart Trust
Detailed Statement of Financial Activities for the Year Ended 30th September 2021
| INCOME AND ENDOWMENTS Donations and legacies Donations Total incoming resources EXPENDITURE Charitable activities Travel Legal fees Support costs Governance costs Telephone & internet Postage and stationery Sundries Accountancy fees Total resources expended Net income |
2021 £ 190,994 190,994 2,319 107,091 109,410 302 698 - 780 1,780 111,190 **79,804 ** |
2020 £ 70,433 70,433 7,552 40,885 48,437 183 1,992 270 1,320 3,765 52,202 18,231 |
|---|---|---|
This page does not form part of the statutory financial statements
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