## **French African Welfare Association FAWA**
**Charity No. 1103174**
**Trustees' Report and Unaudited Accounts**
**31 March 2023**
**French African Welfare Association FAWA Contents**
||Pages||
|---|---|---|
|Trustees' Annual Report||1|
|Independent Examiner's Report||3|
|Statement of Financial Activities||4|
|Summary Income and Expenditure Account||5|
|Balance Sheet||6|
|Notes to the Accounts||7|
|Detailed Statement of Financial Activities|13 to|14|
Page 1
**French African Welfare Association FAWA Trustees Annual Report**
## **REFERENCE AND ADMINISTRATIVE DETAILS Charity No. 1103174**
## **Registered Office**
537 Norwood Road West Norwood London SE27 9DL
## **Trustees**
The Directors of the charitable company are its Trustees for the purposes of charity law. The following Trustees served during the year:
A.S. ASARE A. NGWENYA
## **Accountants**
GPRS Accountants Limited Hastingwood Trading Estate Unit G31 35 Harbet Road London N18 3HT
## **Bankers**
Lloyds Bank PLC Balham Branch 18 Upton Lane London E7 9LN
## **PLANS FOR FUTURE PERIODS**
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions as set out in Part 15 of the Charities Act 2011 and in accordance with the Charities SORP.
Signed on behalf of the board
A. Ngwenya 17 January 2024
Page 2
**French African Welfare Association FAWA Independent Examiners Report**
## **Independent Examiner's Report to the trustees of French African Welfare Association FAWA**
I report to the charity trustees on my examination of the financial statements of French African Welfare Association FAWA for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the 2011 Act.
Having satisfied myself that the financial statements of the charity are not required to be audited of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- accounting records were not kept in accordance with the charity's 2011 Act ; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the accounting requirements the charity's 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- the financial statements have not been prepared in accordance with the Charities SORP (FRS 102).
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 financial statements to be reached.
Nemchand Proag FCCA, ACA GPRS Accountants Limited Hastingwood Trading Estate Unit G31 35 Harbet Road London N18 3HT 17 January 2024
Page 3
**French African Welfare Association FAWA Statement of Financial Activities**
## **for the year ended 31 March 2023**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Other
4
**Total**
**Expenditure on:**
Charitable activities
6
Other
7
**Total**
Net gains on investments
**Net income/(expenditure)**
8
Transfers between funds
**Net income/(expenditure)**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2023**
**£**
113,970
-|**Total funds**
**2023**
**£**
113,970
-|**Total funds**
**2022**
**£**
62,491
59|
|---|---|---|---|
||113,970
-
98,753|113,970
-
98,753|62,550
2,000
66,501|
||98,753
-|98,753
-|68,501
-|
||15,217
-|15,217
-|(5,951)
-|
||15,217|15,217|(5,951)|
||15,217
(27,391)|15,217
(27,391)|(5,951)
(21,440)|
||(12,174)|(12,174)|(27,391)|
Page 4
**French African Welfare Association FAWA Summary Income and Expenditure Account**
## **for the year ended 31 March 2023**
|Income
**Gross income for the year**
Expenditure
Interest payable
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income/(expenditure) before tax
for the year
**Net income /(expenditure )for the year**|**2023**
**£**
113,970
113,970
90,748
1,040
6,965
98,753
15,217
15,217|**2022**
**£**
62,550|
|---|---|---|
|||62,550|
|||65,555
938
2,008|
|||68,501|
|||(5,951)|
|||(5,951)|
Page 5
**French African Welfare Association FAWA Balance Sheet**
## **at 31 March 2023**
|**Company No.**
**Notes**
**2023**
**£**
**Fixed assets**
Tangible assets
10
(4,674)
(4,674)
**Current assets**
Cash at bank and in hand
31,462
31,462
**Creditors:**Amount falling due within one year
11
(2,440)
**Net current assets**
29,022
**Total assets less current liabilities**
24,348
**Creditors:**Amounts falling due after more than one year
12
(36,522)
**Net liabilities excluding pension asset or liability**
(12,174)
**Total net liabilities**
(12,174)
**The funds of the charity**
**Restricted funds**
13
**Unrestricted funds**
13
General funds
(12,174)
(12,174)
**Reserves**
13
**Total funds**
(12,174)|**2022**
**£**
2,291|
|---|---|
||2,291
13,655|
||13,655
(1,701)|
||11,954
14,245
(41,636)|
||(27,391)|
||(27,391)|
||(27,391)|
||(27,391)|
||(27,391)|
These accounts have been prepared in accordance with the special provisions of Part 15 of the Charities Act 2011 relating to small companies.
For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Charities Act 2011 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Charities Act 2011.
The directors acknowledge their responsibilities for complying with the requirements of the Charities Act 2011 with respect to accounting records and the preparation of accounts.
Approved by the board on 17 January 2024
And signed on its behalf by:
A. Ngwenya Trustee 17 January 2024
Page 6
**French African Welfare Association FAWA Notes to the Accounts**
## **for the year ended 31 March 2023**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Charities SORP, and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
|**Fund accounting**||
|---|---|
|Unrestricted|These are available for use at the discretion of the trustees in furtherance of the|
|funds|general objects of the charity.|
|Designated||
|funds|These are unrestricted funds earmarked by the trustees for particular purposes.|
|Revaluation|These are unrestricted funds which include a revaluation reserve representing the|
|funds|restatement of investment assets at their market values.|
|Restricted funds|These are available for use subject to restrictions imposed by the donor or through|
||terms of an appeal.|
|**Income**||
|Recognition of|Income is included in the Statement of Financial Activities (SoFA) when the charity|
|income|becomes entitled to, and virtually certain to receive, the income and the amount of the|
||income can be measured with sufficient reliability.|
|Income with|Where income has related expenditure the income and related expenditure is reported|
|related|gross in the SoFA.|
|expenditure||
|Donations and|Voluntary income received by way of grants, donations and gifts is included in the the|
|legacies|SoFA when receivable and only when the Charity has unconditional entitlement to the|
||income.|
|Tax reclaims on|Income from tax reclaims is included in the SoFA at the same time as the gift/donation|
|donations and|to which it relates.|
|gifts||
|Donated|These are only included in income (with an equivalent amount in expenditure) where|
|services and|the benefit to the Charity is reasonably quantifiable, measurable and material.|
|facilities||
|Volunteer help|The value of any volunteer help received is not included in the accounts.|
|Investment|This is included in the accounts when receivable.|
|income||
|Gains/(losses)|This includes any gain or loss resulting from revaluing investments to market value at|
|on revaluation|the end of the year.|
|of fixed assets||
|Gains/(losses)|This includes any gain or loss on the sale of investments.|
|on investment||
|assets||
Page 7
**French African Welfare Association FAWA Notes to the Accounts**
## **Expenditure**
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable services in the furtherance of its objects, including the making of grants and activities governance costs. Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance These include those costs associated with meeting the constitutional and statutory costs requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other These are support costs not allocated to a particular activity. expenditure
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures & fittings 33.33% Straight line
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Page 8
**French African Welfare Association FAWA**
**Notes to the Accounts**
## 2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments**
**from:**
Donations and legacies
Other
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
4
**Other income**|**Unrestricted**
**£**|**Unrestricted**
**funds**
**2022**
**£**
62,491
59
62,550
2,000
66,501
68,501
(5,951)
(5,951)
(5,951)
(21,440)
(27,391)
**Total**
**2023**
**£**
113,970
113,970
**Total**
**2023**
**£**
-
-|**Total funds**
**2022**
**£**
62,491
59|
||||62,550
2,000
66,501|
||||68,501|
||||(5,951)|
||||(5,951)|
||||(5,951)
(21,440)|
||||(27,391)|
||||**Total**
**2022**
**£**
62,491|
||113,970|||
||113,970||62,491|
||||**Total**
**2022**
**£**
59|
||||59|
Page 9
**French African Welfare Association FAWA Notes to the Accounts**
|5
**Detailed Grants received**
The Health Forum BME
African Advocacy
Foundation
KCSC (WLCCG Grants)
NHS NWL
Carfield Weston
Reaching Community
Main Grant
Albert Hunt SP
6
**Expenditure on charitable activities**
_Expenditure on charitable_
_activities_
_Governance costs_
7
**Other expenditure**
Bank loan and overdraft
interest payable
Employee costs
Motor and travel costs
Premises costs
Amortisation,
depreciation,
impairment, profit/loss
on disposal of fixed
assets
General administrative
costs
Legal and professional
costs|**Restricted**
**Funds**
**£**
-
100
9,996
4,000
10,000
54,998
7,000
86,094|**Unrestricted**
**Funds**
**£**|**Total**
**2023**
**£**
27,875
100
9,996
4,000
10,000
54,998
7,000
113,969
**Total**
**2023**
**£**
-
-
**Total**
**2023**
**£**
1,040
63,667
2,609
6,278
6,965
5,660
12,534
98,753|**Total**
**2022**
**£**
20,950
8,244
9,996
-
-
-
-|
|---|---|---|---|---|
|||27,875|||
|||-
-
-
-
-
-|||
|||27,875||62,490|
|||**Unrestricted**
**£**
1,040
63,667
2,609
6,278
6,965
5,660
12,534||**Total**
**2022**
**£**
2,000|
|||||2,000|
|||||**Total**
**2022**
**£**
938
34,296
1,030
478
2,008
3,585
24,166|
|||98,753||66,501|
Page 10
**French African Welfare Association FAWA Notes to the Accounts**
|8
**Net income/(expenditure) before**
**transfers**
This is stated after charging:
Depreciation of owned fixed assets
9
**Staff costs**
Salaries and wages
No employee received emoluments in excess of £60,000.
10 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2022
At 31 March 2023
**Depreciation and**
**impairment**
At 1 April 2022
Depreciation charge for
the year
At 31 March 2023
**Net book values**
At 31 March 2023
At 31 March 2022
11 **Creditors:**
amounts falling due within one year
Other taxes and social security
Accruals
12 **Creditors:**
amounts falling due after more than one
year
Bank loans and overdrafts|**2023**
**£**
6,965
**2023**
17,500|**£**
20,896
20,896
18,605
6,965
25,570
(4,674)
2,291|**2022**
**£**
2,008
**2022**
-|
|---|---|---|---|
||17,500||-|
||**Fixtures &**
**fittings**
**£**
-||**Total**
**£**
20,896|
||-||20,896|
||-
-||18,605
6,965|
||-||25,570|
||-||(4,674)|
||-||2,291|
||**2023**
**£**
955
1,485||**2022**
**£**
-
1,701|
||2,440||1,701|
||**2023**
**£**
36,522||**2022**
**£**
41,636|
||36,522||41,636|
Page 11
**French African Welfare Association FAWA Notes to the Accounts**
## 13 **Movement in funds**
|**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
14 **Analysis of net assets between funds**
Fixed assets
Net current assets
Creditors due in more than one year and
provisions
15 **Reconciliation of net debt**
Cash and cash equivalents
Bank loans
Net debt|**At 1 April**
**2022**
(27,391)
(27,391)|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**|**Resources**
**expended**
**£**
(98,753)
(98,753)
**Unrestricted**
**funds**
**£**
(4,674)
29,022
(36,522)
(12,174)
**Cash flows**
**£**|**At 31**
**March**
**2023**
**£**
(12,174)|
|---|---|---|---|---|
|||113,970|||
||||||
|||113,970||(12,174)|
|||**At 1 April**
**2022**
**£**||**Total**
**£**
(4,674)
29,022
(36,522)|
|||||(12,174)|
|||||**At 31**
**March**
**2023**
**£**|
|||13,655|17,807|31,462|
|||13,655
(41,636)|17,807
5,114
5,114
22,921|31,462
(36,522)|
|||(41,636)||(36,522)|
|||(27,981)||(5,060)|
## 16 **Related party disclosures** _**Controlling party**_
There are no controlling party in the charity.
Page 12
**French African Welfare Association FAWA Detailed Statement of Financial Activities**
## **for the year ended 31 March 2023**
|**Income and endowments from:**
Donations and legacies
Other
**Total income and endowments**
**Expenditure on:**
Charitable activities
**Total of expenditure on charitable**
**activities**
Other expenditure
Bank loan and overdraft interest
payable
Employee costs
Salaries/wages
Staff welfare
Temporary staff
Motor and travel costs
Travel and subsistence
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures & fittings
Depreciation of
Bank charges
General insurances
Software, IT support and related
costs
Stationery and printing
Sundry expenses|**Unrestricted**
**funds**
**2023**
**£**
113,970
113,970
-
-
113,970
-
-
-
1,040
1,040
17,500
3,603
42,564
63,667
2,609
2,609
6,278
6,278
-
6,965
-
621
1,303
907
840|**Total funds**
**2023**
**£**
113,970
113,970
-
-
113,970
-
-
-
1,040
1,040
17,500
3,603
42,564
63,667
2,609
2,609
6,278
6,278
-
6,965
-
621
1,303
907
840|**Total funds**
**2022**
**£**
62,491|
|---|---|---|---|
||||62,491|
||||59|
||||59|
||||62,550
2,000|
||||2,000|
||||2,000
938|
||||938|
||||-
146
34,150|
||||34,296|
||||1,030|
||||1,030|
||||478|
||||478|
||||-
2,008
15
524
64
202
100|
Page 13
## **French African Welfare Association FAWA Detailed Statement of Financial Activities**
|**French African Welfare Association FAWA**
**Detailed Statement of Financial Activities**||||
|---|---|---|---|
|Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Consultancy fees
Management charges
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income/(expenditure)**
**Net income/(expenditure) before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|1,989
12,625
2,400
10,134
-
12,534
98,753
98,753
-
15,217
15,217
-
15,217
(27,391)
(12,174)|1,989
12,625
2,400
10,134
-
12,534
98,753
98,753
-
15,217
15,217
-
15,217
(27,391)
(12,174)|2,680|
||||5,593|
||||2,000
21,336
830|
||||24,166|
|||||
||||66,501|
||||68,501
-|
||||(5,951)|
||||(5,951)
-|
||||(5,951)|
||||(21,440)|
||||(27,391)|
Page 14