**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 I￿half ￿. 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: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 Yal*ntt 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 FiI*OS II0212 10.408 The finan¢i2I siaiemeTrts approied b: the Board of Trustees and aU￿rISed Ivr issue on Jo/o&.J..I . and iiete Signed its F*hall M.. S KLats-"l TU.*lLL The nO￿S 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... Page 7 **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... Page 8 **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. Page 9 **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 Page 10