Registered Charity
Number
1099581
BRENT WOMEN ADVISORY RESOURCE CENTRE.
(BWARC)
Report and Accounts
Financial Year Ended
31 March 2022.
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BRENT WOMEN ADVISORY RESOURCE CENTRE
ORGANISATIONAL PROFILE For the year ended 31 March 2022.
MANAGEMENT COMMITTEE:
Chair Ms Zenash Haile Vice Chair Miss.Jim Nwachuku Treasurer Ms Stella Njaka
The Management Committee Members are the Trustees of the Charity
REGISTERED OFFICE:
250 Kilburn High Road London NW6 2BS.
BANKERS:
Halifax Plc 427 High Road Wembley Middlesex HA9 7AB
ACCOUNTANTS:
Righttime Associates Limited Chartered Accountants, Tax & Business
Consultants
3[rd] Floor, 86-90 Paul Street London. EC2A 4NE.
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BRENT WOMEN’S ADVISORY RESOURCE CENTRE
Directors and Trustees’ Report For the year ended 31 March 2022.
The Directors present their report and the financial statement for the year ended 31 March 2022.
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BRENT WOMEN ADVISORY RESOURCE CENTRE
Registered Charity No. 1099581
Independent Examiner’s Report on the Financial Statements To the Trustees of Brent Women Advisory Centre
We report on the accounts of Brent Women Advisory Centre For the year ended 31 March 2022 which are set out on pages 5 –9.
Respective Responsibilities of Trustee and Examiner
As the charity trustees, you are responsible for the preparation of the accounts: you consider that the audit requirement under section 43 (2) of the Charities Act 1993 (The Act) does not apply. It is my responsibility to state on the basis of procedures specified in the general directions given by the Charity Commissioners under Section 43(2)(b) of the Act, whether particular matters have come to my attention.
Basis of Independent Examiner’s report
Our examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, we do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with our examination, no matter has come to our attention:
-
1) which gives any reasonable cause to believe that in any material respect the requirements
-
a) to keep accounting records in accordance with section 41 of the Act,
to prepare accounts which accord with the accounting records and to
-
b) comply with the accounting requirements of the Act have not been met:
- or
-
2) to which in our opinion, attention should be drawn to in order to enable a proper
understanding of the accounts to be reached.
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Righttime Associates Limited Chartered Accountants, Tax & Business Consultants 3[rd] Floor, 86-90 Paul Street London. EC2A 4NE.
BRENT WOMEN ADVISORY RESOURCE CENTRE
Registered Charity No. 1099581
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022.
| Unrestricted Notes Funds £ £ Resources Arising Statutory Contribution Non-statutory Contribution547,544 62,544 Bank Interest - 47,544 62,544 Direct Charitable Expenditure Projects ---- 7,562 ---- 7,562 Other Expenditure |
2022 Restricted Total Funds Funds £ - 15,000 - - 15,000 7,562 7,562 |
|---|---|
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| Administration & Support | 7 63,609 | --- | |
|---|---|---|---|
| 63,609 |
|||
| Resources Used in year | 63,609 | 7,562 | |
| 71,171 | |||
| Resources Retained for further use (16,065) | 7,438 | ||
| (8,627) | |||
| Brought forward | |||
| 01/04/2021 | 60,630 | --- | |
| 60,630 | |||
| Carried forward | --- | ||
| 52,003 | |||
| BRENT WOMEN ADVISORY RESOURCE CENTRE | |||
| Registered Charity | No. 1099581 | ||
| BALANCE SHEET | |||
| AS AT 31 MARCH 2022. | |||
| Notes | 2022 | ||
| Fixed Assets | 2 | ---- | |
| Current Assets | |||
| Cash at Bank and in Hand | 52,003 | ||
| Debtors | 3 | - | |
| 52,003 | |||
| Less: Creditors: Amount due | within One Year | ||
| Bank Overdraft | - | ||
| Less :Creditors: Amount due | After more than One Year | ||
| Other Creditors – Bounce Back Loan 4 | (44,382) | ||
| Total Net Assets/Liabilities | 7,621 |
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Reserves
General Funds 7,621
Restricted Funds: -
7,621
The Trustees have:
a). taken advantage of the Companies Act 2006 in not having these accounts audited under section 249a(1) total exemption.
b). confirmed that no notice has been deposited under section 249b of the Companies Act 2006.
c). acknowledged their responsibilities for ensuring the charity keeps accounting records which comply with section 221 of the Companies Act 2006.
d). acknowledged their responsibility for preparing accounts that represent a true and fair view of the
state of affairs of the charity and its results for the year ended in accordance with the requirement
of section 226 of the Companies Act 2006 and which otherwise comply with the requirements of
this relating to accounts so far as applicable to the charity.
These accounts have been prepared in accordance with the provisions of Part VII of the Companies Act relating to small companies (section 246(8) of the Act).
STELLA NJAKA
Trustee
BRENT WOMEN ADVISORY RESOURCE CENTRE
Registered Charity No. 1099581
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
1. Accounting Policies
Basis of Preparation:
These accounts have been prepared on an accrual basis and include income and expenditure as they are earned or incurred, rather than as cash received or paid. The recommendations of the SORP (Accounting by Charities) have been followed in the preparation of these accounts.
Foreign Currency Translation.
Income received from overseas is translated at the sterling amount at the bank rate at the end of the year. Costs incurred overseas are stated at the
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year end bank rate. Foreign funds held are valued in sterling at the bank rate at the end of the year.
Fund Accounting.
The general funds consist of funds that the Trustees may use for Brent Women Advisory Centre’s charitable purposes at their discretion.
The restricted funds are those where the donor has imposed restrictions on the use of the funds, which are legally binding. Restricted funds held in reserve at the end of the year represent income received from donors to be spent within the following year. Details of these funds are set out on the separate schedule in Note 8.
Voluntary Income
All voluntary income and donations are recognised and included in the accounts as they are received.
Fixed Assets and Depreciation.
The retained assets are written off by depreciation on a straight line basis as follows:
Computers & Office Equipment, Fixtures & Fittings - over
5 years
Direct Charitable Expenditure.
Direct charitable expenditure comprises all costs incurred in running the Charity that are directly attributable to the Charity’s projects.
Administrative Expenses.
Administrative expenditure comprises all costs incurred in running the Charity, which cannot be directly allocated to the Charity’s projects or fund-raising.
Fund-raising Expenditure.
Fund –raising expenditure comprises costs incurred in inducing people or organisations to contribute financially to the Charity’s work and includes a share of office overheads.
BRENT WOMEN ADVISORY RESOURCE CENTRE
Registered Charity No. 1099581
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022.
2. Tangible Fixed Assets
Computers
Furniture Fixtures
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----- Start of picture text -----
And Office and
Equipment Fittings Total
2022
Costs £ £ £
Balance at 1st April 2021 --- -
----
Additions - -
-
Balance at 31 [st] March 2022 --- -
----
Accumulation Depreciation
Balance at 1 [st] April 2021 -- -
---
Charge for the Year -- -
--
Balance at 31 [st] March 2022 --- ----
---
Net Book Value
At 31 [st] March 2022
0
3. Debtors
Amounts Due within One Year
2022.
£
NIL
Outstanding Grant Income (Camden Giving)
NIL
4. Creditors 2022.
Amounts Due After more than One Year
£
Bounce Back Loan
44,382
----- End of picture text -----
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BRENT WOMEN ADVISORY RESOURCE CENTRE
Registered Charity No. 1099581
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
5. Grants & Income
2022 £
| Income from Clients 47,544 Grants Received - Camden Giving Grant 15,000 Gross Income Received 62,544 6. Direct Expenditure 2022 Direct Project Cost Other Indirect Expenditure Indemnity Insurance (Hiscox) OISC Fees Home Ofice Fees Admin Cost/Support Rent & Rates Professional Costs Bank Charges & Repayment of BBL Loan Telephone & Stationeries Computer & Internet Services Volunteer Expenses Accountancy Fees |
£ 7,562 214 1,290 2,024 22,684 12,514 10,085 5,644 2,500 904 5,350 400 71,171 |
|---|---|
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