REGISTERED COMPANY NUM8ER.' 04779280 (England and Wales REGISTERED CHARITY NUMBER: 1102749 rt of tho Trustees and Financial Statements forthe Period 1 June 2022 to 30 Ma 2023 for EL SHADDAI DWXI-PPFI GKP Partnership Ground Floor Chiswick Gate, 598 -608 Chiswick High Road London W4 5RT
EL SHADDAI DWXI-PPFI Contents of the Flnanclal Statements forthe Poriod 1 June 2022 to 30 Ma 20 Page Report of the Trustees Independent Examinorfs Report ststement of Financial Actfvitle8 Stalom•nt of Financial Posftlon Notes to the Flnancial Statsments 6 to 9 Detailed Stat8ment of Financial Actlvltle8 10 to 11
EL SHADDAI DWXI-PPFI Re ort of the Tru$ ees forthe Perfod 1 June 2022 to 30 Ma 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial slatemenls of the charity for the period 1 June 2022 to 30 May 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Pracb'ce applicable to charities preparin9 their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ir8land {FRS 102) {8ffective 1 January 20191. Structure. governanGe and management Govemlng document The charity is controlled by ils governing document, a deed of trust. and ¢onsb'tutes a limited company, limited by guarantee. as defined by the Companies Act 2006. R•ference and administrntlve deta118 Registered Company number 04779280 (England and Wales) Reglstered Charty number 1102749 Rogistered offic• 72 Bird in Bush Peckham London SE15 1BB Tru8te88 Mrs Jessie Obligado Mrs Analita Bas Ms Salome M Hartberg Mr Rey E M Vargas Company Secretary Independent Examiner Atul Shamia GKP Parthership Ground Floor Chiswi¢k Gate. 598 -608 Chiswi¢k High Road London W4 5RT Bankors Lloyds TSB Bank PLC 25 Gresham Street London EC2V 7H Approved by order of the board of trustees on 27 February 2024 and signed on its behaif by.. Mrs Jessie Obligado- Trustee Page 1
Inde endent Examlner's Re EL SHADDAI DWXI-PPFI ort to tho Trusl Indopendent examinerfs rnport to the trustees of EL SHADDAI DWXI+PFI I'tho Company'l I report to the chanty trustees on rny examination of the accounts of the Company for the period 1 June 2022 10 30 May 2023. Responsibilities and basls of Teport As the charity's trustees of the Company land also Its directors for the purposes of company law) you are responsible for the pparatiOn of the accounts in accordance wth the requirements of the Companie$ Act 2006 ('Ihe 2006 ACVI. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligibl8 for Independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 I'lhe 2011 Act.). In carrying out my examinat'on I have followed the Directions given by the Charity Commission under Sects'on 145{51 Ibl of the 2011 Act. Independent examlner's 8taternent I have completed my examination. I confinn that no matters have come to my attenb'on in connection with the examination giving me cause to believe.. accounting records were not kepl in respect of the Company as required by Section 388 of the 2006 A¢t', or the accounts do not accord with those re¢ords', or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement thal the accounts gwe a true and fair view which is not a matter ¢onsKlered as part of an independent examination., or the accounts have not been prepared in arordance wlth the methods and princlples of the Statement of Recommended Practice for aco)unting and reporting by charities {appli¢able to charrties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 10211. I have no concerns and have come across no other mallers in conne¢tion with the examinabon to which attenb'on shoukl be drawn in this report in order to enab a proper understanding of the accounts to be reached. Atul Sharma GKP Partnership Ground FIcM)r Chiswick Gate, 598 -6a8 Chiswi¢k HKJh Road London W4 SRT 27 February 2024 Page 2
EL SHADDAI DWXI-PPFI atement of Fln ncial Activlties for the Perlod 1 June 2022 to 30 Ma 2023 Period 1.6.22 to 30.5.23 Total funds Year Ended 31.5.22 Total funds Unrestricted Restricted fund fund Notes Income and ondowments from Donations and legacies 210,382 210,382 181,615 Expenditure on Raising funds 229.024 229,024 136,617 Other 49,902 Totsl 229,024 229,024 186,519 NET INCOMEI(EXPENDITURE} 118,6421 {18,6421 {4,9041 Roconclliation of fund8 Total funds brought fOard 56,453 200,658 257,111 262,015 Total funds c•rrled forward 37,811 200,658 238.469 257,111 The notes form part of these financial statements Page 3
EL SHADDAI DWXI-PPFI Statement of Financlal Position 30Ma 2023 30.5.23 Total funds 31.5.22 Total fvnds Unrestricted Restricted fund nd Notes Fixed assets Tangible assets 200,658 200,658 200,858 Current •86ots Cash at bank 43,314 43.314 59,357 Cr8ditors Amounts falling due within one year {5,503) (5,503} (2,904) Not curront assots 37,811 37,811 56,453 Total assots less current liablllties 37,811 200.658 238,469 257,111 NET ASSETS 37,811 200,658 238,469 257,111 Funds Unrestri¢ted fvnds Restricted fvnds 37,811 200,658 56,453 200,658 Totsl funds 238,469 257,111 The charitable company is entitled to exemption from audit under Sedion 477 of the Companies Act 2006 for the period ended 30 May 2023. The members have not required the company to obtain an audit of its finanaal statements for the period ended 30 May 2023 in accordance with Section 476 of the Companies A¢t 2006. The trustees acknowledge their responsibilities for (al ensuring that the charitable company keeps accounb.ng records that comply with Sections 386 and 387 of the Companies A¢1 2006 and Ib} preparing financial statements which give a true and fair view of the stale of affairs of the ¢haritabl& company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and whi¢h otherwise ¢omply wth the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the haritsble company. The notes fom part of these financial statements Page 4 continued...
EL SHADDAI DWXI-PPFI Statemen ofFI 30Ma 202 ncial Position - ¢ontlnued These financial statements have been prepared In accordan with the provisions appIlb to charitable companies subject to the small companies regime. The financial ststements were approved by the Board of Trustees and authorssed for issue on 27 February 2024 and were signed on its behalf by.. Mrs Jessie Obligado- Trustee Mrs Analts Bas - Trustee The notes fomi part of these financkgl statements Page 5
EL SHADDAI DWXI-PPFI Notes to the Financial Ststements for the Period 1 June 2022 to 30 Ma 2023 Accounting poli¢i•$ Basls of preparing the financial ststements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Char(ties SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practi 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 20191,, Finanual Reporting Stsndard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical eost convention. In¢ome All income is recogni88J in the Statement of Financial Activities once the charity has entsuement to Ihe funds, it is probable that the income will be received and the amount can be measured reliabty. Expenditure Liabilities arè recognised as expenditure as soon as there is a legal or constructive obllgation committing the charity to that expenditure, it is probable that a transfer of economic beneff(s will be required in setuement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals bass and has been cL3ssified 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 consSstent the use of resources. Tangible fixed assets Depreciation 1$ provid&J at the following annual rates in order lo write off each asset over its estimated useful life. Toxatlon The Charity is ex6mpt from corporation tax on its charitable activities. Fund a¢¢ounting Unrestricted funds can be used in &cordanc• wth the ¢h8ritable objectives at the dis¢reb'on of the trustees. Restrthd fvnds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds a raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. Page 6 ¢ontinued..
EL SHAD WXI-PPFI Notes t the Flnancial Statements - contln forlhe P8riod 1 Juno 2022 to 30 Ma 2023 Ralslng fvnd$ Raising donations and legacies Period 1.6.22 Year Ended 31.5.22 30.S.23 Food and consumables Light and heat Telephone Sundries Church Hire Support setvices - London Manila - London Support services- SL Support costs 28,$69 6,101 559 7,818 23,265 15,500 41,767 100 51,923 16,133 4,686 759 645 17,949 8,428 55,780 1,338 176,002 105,718 Trustees. remuneration and benefits Ther8 were no Irustees, remuneration or other beneffts for the perlod ended 30 May 2023 nor for the year ended 31 May 2022. Trust¢es' expens•$ There were no trustees, expenses paid for the period ended 30 May 2023 nor for the yèar ended 31 May 2022. Comparathies for th• statement of finan¢lal aCtTtle$ Unrestri¢ted Restricted fvnd fvnd Total funds Income and ondowments from Donatsons and legacies 181,615 181,615 Expenditure on Raising funds 136,617 136.617 Other 49,902 49,902 Totsl 186,519 186.519 NEf INCOMEI{EXPENDITURE) 14.9041 {4,904) Reconclliation of funds Total funds brought forward 61,357 200,658 262,015 T¢)tsl funds carrigd forward 56,453 200,658 257,111 Page 7 continued...
EL SHADDAI DWXI-PPFI Notes to the Financlal Statements - continuod for the Perlod 1 Jun8 2022 to 30 Ma 2023 Tangible fixed assets Freehold propety Cost At 1 June 2022 and 30 May 2023 200,658 Net book value At 30 May 2023 200,658 At 31 May 2022 200,658 Credltors: amounts falling due wlthin one year 30.5.23 31.5.22 Trade creditors Accrued expenses 5,504 2,904 5.503 2,904 Movfrmont In funds Net movement in funds Al 30.5.23 At 1.6.22 Unrèstrfct8d funds General fund 56,453 (18,6421 37,811 Rostricted fund$ Restricted Fund 200,6S8 200.658 TOTAL FUNDS 257,111 {18.6421 238,469 Net mov8ment in funds, included in the above a as follows.. Incoming resources Resources expended Movement in funds Unr¢strlcted funds General fund 210,382 1229,024} {18,642) TOTAL FUNDS 210,382 1229,024) 118,642) Page e continued...
EL SHADDAI DWXI-PPFI Notes to tho Financial Statements - continuod for tho Perfod 1 June 2022 to 30 Ma 2023 Movement in funds - ¢ontlnued Comparativés for movement In funds Nel movement in funds At 31.5.22 At 1.6.21 Unrestrlcted funds General fund 61,367 {4,904) 56,453 Rostrictod funds Restricted Fund 200,658 200,658 TOTAL FUNDS 262,015 14,904} 257,111 Comparative net movement in funds, included in the above are as follows: Incoming resources ResoLfrce5 expended Movement in funds Unrestrlcted funds General fund 181,615 {186,519} 14,9041 TOTAL FUNDS 181,615 (186.5191 (4,904} Rglatod party disclosures There were no related paty transactions for the period ended 30 May 2023. Page 9