SPIRIT AL ASSEMBLY OF THE BAHA'IS OF ALTRINCHAM AND SAL orts of the Directors and the.Trustees for the ear.ended 3.1, March 2024 The trustees a pleased to pre.sent their report together with the financial statement of the charity for the year ending 31$1 March 2024 Reference and Administralive Details: Company Registralion Number., Charity registration Number.. 03688724 1073375 Company Registered Address 27 Rutl3nd Gate London SW7 IPD Bankers: Lloyds TSB Ariel House, 2138 Coventry Road, Sheldon, 8irmingham B26 3JW. lll •ADGQRZ41* 2711112024 COMPANIES HOUSE 25
iritual. Assembl of the Baha'is of Altrincham and Sale orts of the Directors and the Trustees for the ear ended 31 March 2024 Govemin documents The Spiritual Assembly of the Baha'is of Allrincham and Sale is a company liniited by guarantee govemed by rts Memorandum and Articles of Association, It is also a chanty registered wrth the Charity Commission for England and Waks. ointment of trustees The trustees consist of nine person5 chosen from among the Baha'ls of Altrincham and Sale who have attained the age of 21 and who are elected by such Baha'is who are resident of Altrincham and Sale in a manner provided by the Article5 of Association. and who shall remain Members (trustees) and continue in office for a period of one year, or until thelr successors are elected and on failure to be rwlected to the Spiritual Assembly shall cease to be member. Risk Statement The directors (tNstees) have examined the major operational risks which ch8rrtable companies fa and confirni th8t the system has. been established so that the necessary steps Gan be taken to reduce these risks. Ob'ective and Activities The objectives of the charity are.. Shanng the ideal8 and asslsling the efforts of Baha'is to establish, uphold and promote the spiritual, educaiional and humanrtarian teaching of human brotherhood. radiant faith. exalte(I character and semess love revealed in Ihe lives and utterances of all the Prophets and Messengers of God, Founders of the world's revealed religions, and glven renewed creative energy and unNersal application to the conditions of Ihis age in Ihe life and utterances of Baha'u'llah. To administer the affair5 of the members of the Baha'i Faith in Altrincham and Sale according to the principles of the Baha'i affiliation and administrats'on Greated and established by Baha'u'llah. The charity is dependent upon voluntary help, The entire work of the charity in Altrincham and Sale is carried out by volunteers. It is not possible to either estimaté the hours or put a valuation on the tlme given to the work by the volunteers. lic Benefits The trustees are satisfied thgt the charity is for public benefit. Its primary Objective is the advancemenl of religion and its activrties such as its study circles, devotional meetings, .children's dasses and junior youth ath'vilies which are open to all. Achievement and erformance The particular focus of Altrincham and Sale Baha'i communrty's work ai this stage of lis development is on four Core Activities". study circles, devotional gatherings, classes for the spiriiual edUtiOn of children, and junior youth. All these activities are open to the wider community. In addltion, the Baha'i communty pursues a range 01 activlties, designed to promote processes towards world peace. nancial Review Incoming resources in the year ended 31 Marrh 2024 totalled £25,946 (2023". £21,674), Resources expended in the same period totalled £19.100 <2023: £24,007) On 31 March 2024, the charity had total funds of £8,994 of which all were unrestricted.
iritual Assembl of the Baha'is of Altrincham and Sale orts of he Directors and the. Trustees for the ear ended 31 March 2024 continue Reserve It is the policy of Ihe charity to maintain its funds at such a level as to enable the charrty to fulfil its commitments Directors res onsibilities in res ct of Ihe accounts Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity's financial activities during the year and of its financial position ai the end of the year, in accordance with the requirements of section 386 of The Companies Act 2006. In preparing those financial statement8, the direclors.are required to.. a) sele¢t 8Ultable accounting policies and then apply them consistently b) make judgments and estimates that are reasonable and prudent. c) follow applicablo accounting Standard, subject to any material departures being disclosed and explained in the financial slaternent. d) prepare the financial statements on the going concern basis unless it is inappropriate to presume thg.t the charity will continue in operation. e) safeguard the assets of the company and hen take reasonable steps for the prevention and detection of fraud and o.ther irregularities. The Llirectors have confime.d that no notice has been deposited under Section 476 01 ihe companies Act 2006. In préparing this report, the directors have taken advantage of the audlt exerhption conferred by Seetion 477 (2) of Companies Act 2006 and in the opinion of the director5,' the company is ented to those exemptions on the basis that it qualified as a small company. Name.. Signature.. By order of the Board
iritual Assembl of the Baha'is of Altrincham and Sale Balan Sheet For the ear ended 31 March..2024 2024 2023 Current Assets Cash at Bank (Current account) 2,148 8,994 2,148 Liabilities Net Assets 8,994 2,148 Re resented B Accumulated Surplus brought forward Surplus (Deficit) for the y.ear 2.148 6,846 4481 (2,333) 8,994 2,148 Statement of Dire.ctors For the year ending 31 st March 2024, The Company was entitled to exemption from audrt under section 477(2) of Company Act 2006. The members have not reqUId the company to obtain an audlt in accordance with section 476 of tho company Act 2006, The Directors acknowledge their responsibility for: Ensuring the company keeps accounting records which comply with section 386,. and Preparing accounts which glve a true and fair view of the statp of affairs of the company as at th? end of tho. financial year, and of its profrt or loss for the financial year, In accordance with the requiremenls of section 393, and which othenNise comply with the requiremenis of c.ompanies Act relating lo acFountS..s0 far as is applicable to the company. These accounts have been prepared in accordance wtth the provision applicable to companies subject to small companies, regime, Name: Signature.. 1) 18 rJts QDay /? v ZQZg Approved by the Board of their meeting dated.,,...l.?. ..NDO JQLg
iritual Assembl of the Baha is of Altrincham and Sale Income and Ex enditure For the ear ended. 31 March 2024 Unrestricted 2024 2023 Incomin Resources Voluntary Income.. Donations 25,946 21,674 25,946 21,674 Resources Ex ended Charitatyle Expenditure: Contribution to NSA of the Baha'is of the UK Community events Purchase of books Postage, Stationery, and admin 16,805 2,167 128 21,007 2,729 271 Total Resources Expanded 19,100 24,007 N¢t movement in funds 6,846 {2,333) Total funds broughl forward 2,148 4,481 Total funds carried fop4vard 8,994 2,148
iritual Assembl of the Baha'is of Altrincham and Sale Notes to the ar£ounts for the ear ended 31 March 2Q24 Com an Status The charity is a company limited by guarantee. In the event of the charity being wound up, the liabilrty In resped of the guarantee is limlted to £1 per member. If the winding up occurs wrthin one year of member ceasing to be a member, then the above applies to debt and liabilities of the company contracted before he Of she ceased to be a member. Accountin Policies Accountin convention The accounts are prepared under the historical cost Gonvention on a going concem and .include the rèsults of the charity's operation as indicated in the financial report, all of whicb are continuing. Basis of accountin The accounts have been prepared in accordance with the applicable accounting standards. the Statement of Recommended Practice-"Accounting and Reporting by Charities" {SORP 2005) and complies with Companies Act 2006. The rinci al source of income In accord8nce with the teaching of the Baha'i Faith, only 8aha'i8 may contribute to the Bah8'i Fund. Thui, Ihe pnmary source of income is from the Baha'i community ol Altrincham AND Sale. Incomin Resources All incoming sources accounted for when the charity is legally entrtled to the income and the amount can be quantified with reasonable accuracy. Out oin resources Expenditu is accounted for on an accrual basis and is allocated to the appropriate heading in the financial slatement, Vthere applicable. resources expended include VAT whlch cannot be. recovered, Cash fl tatement The Company ha5 taken advantage of the exemption Gonferred by the Financial Reporting Standard N.0 1 from the requirement,to produce a cash flow Statement on the grounds Ihat it qualifie.s as a small company.