Charity Registration No. 1100348 HIZEN FOUNDATION TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
HIZEN FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trnsteos Mr J Humm Miss A Hosono Mr J Martin Miss H L Lok Charity number 1100348 Principal addrts$ 113 Grangehill Road Lon¢Jon SE9 1SF Bankors Unity Trust 8ank
HIZEN FOUNDATION CONTENTS Page Trustoés. Report sM¢ment of financial activilies Balan¢• Shoot Not•s to th• accounts
HIZEN FOUNDATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2022
eenSas AE i od! rae The trustees present their report and accounts for the year ended 31 March 2022.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities”, issued in March 2005.
Structure, governance and management
The trustees who served during the year were: Mr J Humm Miss A Hosono Mr J Martin Miss H L Lok
Objectives and activities The chantty’s objectives are promotion of community participation in healthy recreation for the benefit of the inhabitants of inner London by the provision of facilities for learning kendo and other similar sports. The trustees have paid due regard to guidance Issued by the Charity Commission in deciding what activities the charity should undertake.
On bahalf + dial gs of trustees Y- : Med Hunn Chairman Dated: 23(12\2%72.
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HIZEN FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Incomlr resources from Donations and legacies Invesimeni itFcome enerated funds 30,292 8,434 20 30,301 5,190 other Incnmiro resources 4.737 Total incomin9 yesour$ 35,491 13.191 Resources ex Charitable activities Depyeciation of Fixed Assets 1,251 45 Governanoe c03 10,oa? 7.896 Total resources expended 19,290 7,941 Net expenditure for the yearl Net movement in funds 16.201 5.250 Fund b818nces at 1 April 2021 31.064 25,814 Fund balan5 at 31 March 2022 47.265 31,064
HIZEN FOUNDATION
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2022
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2022 2021
Notes £ £ £ £
Fixed assets
Tangible assets 7 3,709 4,960
Current assets
Debtors 8 4,124 950
Cash at bank and in hand 41,746 25,154
45,870 26,104
Creditors: amounts falling due within
one year 9 (2,314) -
Net current assets 43,556 26,104
Total assets less current liabilities 47,265 31,064
SS SSS
Income funds
Unrestricted funds 47,265 31,064
47,265 31,064
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The accounts were approved by the Trustees on
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Mr J T Hurt
Chairman
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HIZEN FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022 l Aecounlifig policies 1.1 Basis of preparntion The accounts have been wepared under the historical cost convenlw)n. The accounts have beon prepared in aCcOance wth 8ppIlble accounting standards. the Statement of Recommended Practice, "A¢UntINj 8ThJ Reponirvj by Chartties". Issued In March 2005 and the Chanlies Act 2011. 1.2 Tangible fixed asséts and dèprÈciatton Tangible fixed awts are #ated at cfjst less deweuation. DepreatiOn is provideA at rates cal¢ulated to write off the cost less eslimated residual value of each asset over its expecl&J useful life. a5 follows.. Plant and amchinery 25% straight line bass 2 Donations •nd199acies 2022 2021 Donation5 and gifts 30.292 8,434 3 Inveslment incoffle 2022 2021 Int8resl receivable 4 Other Sncomln9 resources 2022 2021 Membership fees 5,190 4,737
HIZEN FOUNDATION NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2022 S ToLI1 resources expended 2022 2021 haritable aclNities Oepre(iatron of FA 1.251 45 Goveman¢• costs 18.039 7.896 19290 7.941 Govemance costs comprised of: Rent Insurance Travelling Legal and professional Accountsncy M8n8gemenl 8nd alministralknn Mo•tings and pros•nlgtions Bank charges Cleaning costs Eundry ¢xpen袥 11200 180 5.675 454 122 6 Trustees Mr J T Humm received remuneratv)n of £5.QQO duiirvJ the year for his seNices. 7 Tangib fixed assets Plant and machinery C¢)st At 1 April 2021 Adthb'ons At 31 March 2022 17.506 17.586 Depreciation At 1 April 2021 Charge for the year At 31 March ZQZZ 12,626 1,251 13,877 Net book value At 31 March 2022 3.709 At31 Mareh 2021 4,960
HIZEN FOUNDAnON NOTES TO THE ACCOUNTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 8 Dèbtors 2022 2021 Olher debtors 4,124 950 9 Cr•ditors: amounts falling due within one year 2022 2021 Other creditor Accruals and deferred income 2.314 2,314