NEW BEGINNINGS CHAIRMAN'S REPORT FOR THE YEAR TO 30TH APRIL 2023 It has been a turbulent and sad year for our Charity with the continuing war in Ukraine and the sudden death of our founder Pat Harrison MBE. Pat was a remarkable woman and her passing in December has been a great loss to us all. She was unique and irreplaceable. Since the Russian troops retreated from Kyiv our Genesis House family decided to leave the Czech Republic and return home to Genesis House where they appear to be relatively safe with only the occassional Russian drone flying by. Oleg and Natalia are much happier now the family are back together in Ukraine irrespective of the potential danger. We are supporting them and monitoring the situation. would like to pay tribute to Andrey & Oleysa Donsky for all the hard work they have done in arranging to bring families to our area through the 'Homes for Ukraine, scheme. l am pleased to report that most of our families are well settled and have jobs and no longer need as much support. Our thanks are also due to David Miles and Mhairi Helme for their work with the families particularly on the social side and dealing with any problems relating to accommodation. We are now concentrating our efforts and funds on helping families with children in Ukraine escape the horrors of war. We are providing food and financial support through Ivan our
Ukralnlan trustee who Ilves In Kylv to families who have lost everything* their homes and livelyhood and fled north to escape the tonflict with barely nothing except the clothes they are wearing. knis Is a never endlng task and we are very grateful for all the support and donations we have been receiving to help us in our mission to help the weakest and most vulnerable children in Ukraine survive. 30-g-23
REGISTERED CHARITY NUMBER: 1087263
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
FOR
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023
The trustees present their report with the financial statements of the charity for the year ended 30 April 2023. 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 relief of destitute children from poverty, distress and suffering by appropriate charitable means whether medical, rehabilitative, financial or other means in any part of the world.
Significant activities
The charity operates a parented home for street children in Kiev and provides assistance to disabled children in the Ukraine. The charity also works in the UK assisting children in crises and Ukrainian refugee families with children.
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
1087263
Principal address
Apartment 45 Kentgate Place Beezon Road Kendal LA9 6EQ
Trustees
P W C Smith I Bespalov (resigned 31/5/22) P Harrison (deceased 8/12/22) A Donskyy G Dawson (appointed 10/11/22)
Independent Examiner
Jennifer Marshall Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
Approved by order of the board of trustees on 5 January 2024 and signed on its behalf by:
P W C Smith - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW BEGINNINGS SAFE HOMES FOR CHILDREN
Independent examiner's report to the trustees of New Beginnings Safe Homes for Children
I report to the charity trustees on my examination of the accounts of New Beginnings Safe Homes for Children (the Trust) for the year ended 30 April 2023.
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.
Jennifer Marshall
Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
9 January 2024
Page 2
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 50,656 Investment income 2 1,177 Total 51,833 EXPENDITURE ON Charitable activities Funding projects 33,298 NET INCOME 18,535 RECONCILIATION OF FUNDS Total funds brought forward 151,908 TOTAL FUNDS CARRIED FORWARD 170,443 |
Restricted fund £ 14,426 - 14,426 7,428 6,998 - 6,998 |
2023 Total funds £ 65,082 1,177 66,259 40,726 25,533 151,908 177,441 |
2022 Total funds £ 51,220 241 |
|---|---|---|---|
| 51,461 | |||
| 27,601 | |||
| 23,860 128,048 |
|||
| 151,908 |
The notes form part of these financial statements
Page 3
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
BALANCE SHEET 30 APRIL 2023
| Unrestricted funds Notes £ CURRENT ASSETS Cash at bank 171,043 CREDITORS Amounts falling due within one year 5 (600) NET CURRENT ASSETS 170,443 TOTAL ASSETS LESS CURRENT LIABILITIES 170,443 NET ASSETS 170,443 FUNDS 6 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 6,998 - 6,998 6,998 6,998 |
2023 Total funds £ 178,041 (600) 177,441 177,441 177,441 170,443 6,998 177,441 |
2022 Total funds £ 152,388 (480) 151,908 151,908 151,908 151,908 - 151,908 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 January 2024 and were signed on its behalf by:
P W C Smith - Trustee
The notes form part of these financial statements
Page 4
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
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. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Deposit account interest | 1,177 | 241 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022.
Page 5
continued...
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 51,220 Investment income 241 Total 51,461 EXPENDITURE ON Charitable activities Funding projects 27,601 NET INCOME 23,860 RECONCILIATION OF FUNDS Total funds brought forward 128,048 TOTAL FUNDS CARRIED FORWARD 151,908 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 6. MOVEMENT IN FUNDS At 1.5.22 £ Unrestricted funds General fund 151,908 Purchase of Minibus in Ukraine - 151,908 Restricted funds Restricted Fund - TOTAL FUNDS 151,908 |
Restricted fund £ - - - - - - - 2023 £ 600 Net movement in funds £ 3,535 15,000 18,535 6,998 25,533 |
Total funds £ 51,220 241 51,461 27,601 23,860 128,048 151,908 2022 £ 480 At 30.4.23 £ 155,443 15,000 170,443 6,998 177,441 |
Total funds £ 51,220 241 |
|
|---|---|---|---|---|
| 51,461 | ||||
| 27,601 | ||||
| 23,860 128,048 |
||||
| 151,908 |
Page 6
continued...
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
6. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 36,833 Purchase of Minibus in Ukraine 15,000 51,833 Restricted funds Restricted Fund 14,426 TOTAL FUNDS 66,259 Comparatives for movement in funds At 1.5.21 £ Unrestricted funds General fund 128,048 TOTAL FUNDS 128,048 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 51,461 TOTAL FUNDS 51,461 |
Resources Movement expended in funds £ £ (33,298) 3,535 - 15,000 (33,298) 18,535 (7,428) 6,998 (40,726) 25,533 Net movement At in funds 30.4.22 £ £ 23,860 151,908 23,860 151,908 Resources Movement expended in funds £ £ (27,601) 23,860 (27,601) 23,860 |
|---|---|
continued...
Page 7
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
7. RELATED PARTY DISCLOSURES
The New Beginnings - Ukraine Local Charity Fund
The Ukraine project charitable expenditure stated in the accounts consists of payments made to The New Beginnings - Ukraine Local Charity Fund. Ivan Bespalov, a trustee of New Beginnings Safe Homes for Children until 31 May 2022, was the executive director of the board of the Ukranian charity.
There were no other related party transactions during the current or previous year.
Page 8
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 32,373 | 47,991 |
| Gift aid | 3,284 | 3,229 |
| Grants | 29,425 | - |
| 65,082 | 51,220 | |
| Investment income | ||
| Deposit account interest | 1,177 | 241 |
| Total incoming resources | 66,259 | 51,461 |
| EXPENDITURE | ||
| Charitable activities | ||
| Travel costs | - | 541 |
| Sundry expenses | - | 468 |
| Postage and stationery | 421 | 237 |
| Newsletter costs | 414 | 648 |
| Website | - | 235 |
| Ukraine project | 18,540 | 16,108 |
| Refugees travel, accommodation & living | ||
| expenses | 12,648 | 1,884 |
| British student accommodation | - | 5,000 |
| Burton school prayer suite | - | 2,000 |
| Refugees English tuition | 4,368 | - |
| Refugees activities | 3,735 | - |
| 40,126 | 27,121 | |
| Support costs | ||
| Governance costs | ||
| Accountancy and Independent Examination | 600 | 480 |
| Total resources expended | 40,726 | 27,601 |
| Net income | 25,533 | 23,860 |
This page does not form part of the statutory financial statements
Page 9
REGISTERED CHARITY NUMBER: 1087263
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
FOR
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 8 |
| Detailed Statement of Financial Activities | 9 |
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2023
The trustees present their report with the financial statements of the charity for the year ended 30 April 2023. 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 relief of destitute children from poverty, distress and suffering by appropriate charitable means whether medical, rehabilitative, financial or other means in any part of the world.
Significant activities
The charity operates a parented home for street children in Kiev and provides assistance to disabled children in the Ukraine. The charity also works in the UK assisting children in crises and Ukrainian refugee families with children.
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
1087263
Principal address
Apartment 45 Kentgate Place Beezon Road Kendal LA9 6EQ
Trustees
P W C Smith I Bespalov (resigned 31/5/22) P Harrison (deceased 8/12/22) A Donskyy G Dawson (appointed 10/11/22)
Independent Examiner
Jennifer Marshall Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
Approved by order of the board of trustees on 5 January 2024 and signed on its behalf by:
P W C Smith - Trustee
Page 1
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW BEGINNINGS SAFE HOMES FOR CHILDREN
Independent examiner's report to the trustees of New Beginnings Safe Homes for Children
I report to the charity trustees on my examination of the accounts of New Beginnings Safe Homes for Children (the Trust) for the year ended 30 April 2023.
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.
Jennifer Marshall
Mitchinsons Accountants 22 Market Place Kendal Cumbria LA9 4TN
9 January 2024
Page 2
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 50,656 Investment income 2 1,177 Total 51,833 EXPENDITURE ON Charitable activities Funding projects 33,298 NET INCOME 18,535 RECONCILIATION OF FUNDS Total funds brought forward 151,908 TOTAL FUNDS CARRIED FORWARD 170,443 |
Restricted fund £ 14,426 - 14,426 7,428 6,998 - 6,998 |
2023 Total funds £ 65,082 1,177 66,259 40,726 25,533 151,908 177,441 |
2022 Total funds £ 51,220 241 |
|---|---|---|---|
| 51,461 | |||
| 27,601 | |||
| 23,860 128,048 |
|||
| 151,908 |
The notes form part of these financial statements
Page 3
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
BALANCE SHEET 30 APRIL 2023
| Unrestricted funds Notes £ CURRENT ASSETS Cash at bank 171,043 CREDITORS Amounts falling due within one year 5 (600) NET CURRENT ASSETS 170,443 TOTAL ASSETS LESS CURRENT LIABILITIES 170,443 NET ASSETS 170,443 FUNDS 6 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 6,998 - 6,998 6,998 6,998 |
2023 Total funds £ 178,041 (600) 177,441 177,441 177,441 170,443 6,998 177,441 |
2022 Total funds £ 152,388 (480) 151,908 151,908 151,908 151,908 - 151,908 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 5 January 2024 and were signed on its behalf by:
P W C Smith - Trustee
The notes form part of these financial statements
Page 4
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023
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. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Deposit account interest | 1,177 | 241 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2023 nor for the year ended 30 April 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2023 nor for the year ended 30 April 2022.
Page 5
continued...
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 51,220 Investment income 241 Total 51,461 EXPENDITURE ON Charitable activities Funding projects 27,601 NET INCOME 23,860 RECONCILIATION OF FUNDS Total funds brought forward 128,048 TOTAL FUNDS CARRIED FORWARD 151,908 5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 6. MOVEMENT IN FUNDS At 1.5.22 £ Unrestricted funds General fund 151,908 Purchase of Minibus in Ukraine - 151,908 Restricted funds Restricted Fund - TOTAL FUNDS 151,908 |
Restricted fund £ - - - - - - - 2023 £ 600 Net movement in funds £ 3,535 15,000 18,535 6,998 25,533 |
Total funds £ 51,220 241 51,461 27,601 23,860 128,048 151,908 2022 £ 480 At 30.4.23 £ 155,443 15,000 170,443 6,998 177,441 |
Total funds £ 51,220 241 |
|
|---|---|---|---|---|
| 51,461 | ||||
| 27,601 | ||||
| 23,860 128,048 |
||||
| 151,908 |
Page 6
continued...
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
6. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 36,833 Purchase of Minibus in Ukraine 15,000 51,833 Restricted funds Restricted Fund 14,426 TOTAL FUNDS 66,259 Comparatives for movement in funds At 1.5.21 £ Unrestricted funds General fund 128,048 TOTAL FUNDS 128,048 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 51,461 TOTAL FUNDS 51,461 |
Resources Movement expended in funds £ £ (33,298) 3,535 - 15,000 (33,298) 18,535 (7,428) 6,998 (40,726) 25,533 Net movement At in funds 30.4.22 £ £ 23,860 151,908 23,860 151,908 Resources Movement expended in funds £ £ (27,601) 23,860 (27,601) 23,860 |
|---|---|
continued...
Page 7
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2023
7. RELATED PARTY DISCLOSURES
The New Beginnings - Ukraine Local Charity Fund
The Ukraine project charitable expenditure stated in the accounts consists of payments made to The New Beginnings - Ukraine Local Charity Fund. Ivan Bespalov, a trustee of New Beginnings Safe Homes for Children until 31 May 2022, was the executive director of the board of the Ukranian charity.
There were no other related party transactions during the current or previous year.
Page 8
NEW BEGINNINGS SAFE HOMES FOR CHILDREN
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 32,373 | 47,991 |
| Gift aid | 3,284 | 3,229 |
| Grants | 29,425 | - |
| 65,082 | 51,220 | |
| Investment income | ||
| Deposit account interest | 1,177 | 241 |
| Total incoming resources | 66,259 | 51,461 |
| EXPENDITURE | ||
| Charitable activities | ||
| Travel costs | - | 541 |
| Sundry expenses | - | 468 |
| Postage and stationery | 421 | 237 |
| Newsletter costs | 414 | 648 |
| Website | - | 235 |
| Ukraine project | 18,540 | 16,108 |
| Refugees travel, accommodation & living | ||
| expenses | 12,648 | 1,884 |
| British student accommodation | - | 5,000 |
| Burton school prayer suite | - | 2,000 |
| Refugees English tuition | 4,368 | - |
| Refugees activities | 3,735 | - |
| 40,126 | 27,121 | |
| Support costs | ||
| Governance costs | ||
| Accountancy and Independent Examination | 600 | 480 |
| Total resources expended | 40,726 | 27,601 |
| Net income | 25,533 | 23,860 |
This page does not form part of the statutory financial statements
Page 9