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2020-12-31-accounts

Friends of Sabeel UK (FOSUK) Ltd

Annual Report 2020

1. Administrative Information

Name: Friends of Sabeel UK (FOSUK)

Registered charity: No. 1116817

Company registration: No. 5595112

Address: Office above Age UK 60, The Parade Oadby Leicester LE2 5BF

Registered office: as above

Directors/Trustees for 2020

Kate Aspinwall Warren Bardsley Mark Battison Karen Fairfax-Cholmeley Enid Gordon Lynn McAllister Miranda Pinch Jenny Richardson Stephen Sizer (Appointed Nov 2020) Jeremy Tear Peter Woodall

Company Secretary for 2020

Peter Woodall

Day to day management was entrusted to Charlotte Marshall and Phoebe Rison, the Sabeel-Kairos advocacy workers

Bankers: The Cooperative Bank NatWest Bank plc PO Box 250 Formby Branch Delf House 25 Brow’s Lane Southway Formby Skelmersdale Liverpool WN8 6WT L37 4DZ

Independent examiner Martin Stevens

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2. Structure, governance and management

Friends of Sabeel UK (FOSUK) is governed by a Memorandum and Articles of Association, constituted as a company limited by guarantee. The Trustees are duly elected at the Annual General Meeting, on a rolling basis, as agreed by the Board at its meeting on 8 March 2006 and approved at the AGM of 8 April 2006. The Advocacy Workers are ex officio members of the Board, and responsible to it for the day-to-day management of the charity, assisted by a part-time Administrator. The Advocacy Workers receive a consultancy fee plus expenses.

The Treasurer is also ex officio.

In May 2017 Friends of Sabeel UK and Kairos Britain merged. The working name for the new organisation has become Sabeel-Kairos and works to support both the Sabeel Ecumenical Liberation Theology Centre in Jerusalem and Kairos Palestine.

Friends of Sabeel UK (FOSUK) has active regional groups in the North West and Yorkshire and many other active members around the UK.

3. Objectives and Activities

The objectives are:

In pursuit of these objectives we have:

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4. Achievements and Performance

Signed: ______ Karen Fairfax-Chomeley, Chair

Date: _14/4/22_______

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Financial Review 2020

The main income during 2020 came from subscriptions and donations amounting to £43,120, (2019: £40,840). The Gift Aid income was £3,521 (2019: £4,137). Total income from all sources for 2020 was £47,219 (2019: £48,962).

Total expenditure for the year was £26,554 (2019: £54,258). It includes donations to Sabeel Jerusalem of £150 (2019: £8,928). The majority of expenditure focuses on supporting the objectives and aims of Friends of Sabeel UK (FOSUK) in the UK. This includes the provision of the magazine Cornerstone, other publications and books, activities of the UK Advocacy workers in support of the objects of Friends of Sabeel UK (FOSUK) around the country, administration and support, rent and office costs. Administrative staff costs were £Nil (2019: £4,412).

Net Assets at the end of the year are £43,431 (2019: £22,766).

The trustees continue to work to ensure a solid financial foundation to support the objectives and aims of the organisation by encouraging new members and to ensure that the generous stream of regular donations is maintained. We are grateful to all those who donate to the work of Friends of Sabeel UK (FOSUK) and are particularly grateful to all those who make donations above the minimum rate of membership, and to those who make one-off donations to support special activities. Gift Aid remains an important source of income and we are grateful to all those who have signed Gift Aid declarations. It is always our intention to use wisely the resources given to us and expenditure will continue to be monitored to make sure that money is used in the most effective ways to further the objectives of Friends of Sabeel UK (FOSUK).

Signed: ___ P M Woodall _______ Peter Woodall, Treasurer

Date: _14/4/22______

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
Charity Name
Friends of Sabeel UK (FOSUK) Ltd
On accounts for the year
ended
31 December 2020
Charity
no (if any)
1116817
Set out on pages 7 to 12 in the Financial Statements of Friends of Sabeel Uk (FOSUK) Ltd
(remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended 31/12/2020.

Responsibilities and basis As the charity trustees of the Trust, you are responsible for the preparation of of report 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 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention ~~(other than that disclosed below *)~~ in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed:Martin Stevens
Date:8 May 2022
Name:Martin Stevens
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Signed:Martin Stevens
Date:8 May 2022
Name:Martin Stevens
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Signed:Martin Stevens
Date:8 May 2022
Name:Martin Stevens
~~Po~~
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~~PO~~
Signed:Martin Stevens
Date:8 May 2022
Name:Martin Stevens
~~Po~~
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~~PO~~
Signed:Martin Stevens
Date:8 May 2022
Name:Martin Stevens
~~Po~~
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~~PO~~
Relevant professional Chartered Institute of Public Finance and Accountancy Chartered Institute of Public Finance and Accountancy Chartered Institute of Public Finance and Accountancy Chartered Institute of Public Finance and Accountancy
qualification(s) or body
(if any):
Address: 19 Greenbank Gardens
Wordsley
Stourbridge, West Midlands DY8 5TB

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Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

Income and Expenditure Account

Unrestricted
Funds
2020
Designated
Funds
2020
Unrestricted
Funds
2019
Designated
Funds
2019
Incoming resources:
Notes
Incoming resources from
generated funds:
Voluntary income:
Donations,Subscriptions,Appeal 2 40,564 6,077 38,428 6,550
Activities for generating funds:
Income from books and
educational materials
25 54
Conference 553 3,930
Bank Interest&refund
Witness trip
Total Incoming Resources 41,142 6.077 42,412 6,550
Resources Expended:
Support toSabeelJerusalem 3 150 8,928
Other donations 3
Information and Publications 3 4,888
Other activities Directly Related
to thework ofSabeel
3 19,483 21,024 7,677
Administration andSupport 3 5,741 8,799
Governance Costs 3,5 1,179 2,942
Total resources expended **26,404 ** 150 37,653 16,605
Net incoming resources before
other recognised gains
14,738 5,927 4,759 (10,055)
Transfer between Funds 0 0 0 0
Net movement in funds 14,738 5,927 4,759 (10,055)
Reconciliation of funds
Opening Balances 22,232 533 17,473 10,588
Total Funds Carried Forward 36,970 6,461 22,232 533

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derived from continuing activities.

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

Balance Sheet as at 31[st] December 2020

2020 2020 2019 2019
Notes
Current Assets
Debtors 9 4,814 2,000
Cash at bank&in hand 39,897 23,932
44,711 **25,932 **
Creditors: amounts falling due within one
year
10 (1,280) (3,166)
Net Current Assets **43,431 ** 22,766
Unrestricted Funds
General Funds 11 36,970 22,232
Restricted Funds
SabeelJerusalem and Restricted Donation 3,927 31
200 Club 2,000 0
Investment for PeaceCampaign 31 0
Regional Groups 503 503
Total Restricted Funds 11 6,461 533
Total Funds 43,431 22,766

For the year ending 31/12/2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Approved by the Board on 2021 and signed on its behalf by:

Peter Woodall Treasurer

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

Notes forming part of the financial statements for the year ended 31[st] December 2020

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.

a) Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the relevant Companies Act and the Statement of Recommended Practice together with applicable accounting standards and the Charities SORP (Statement of Recommended Practice).

b) Funds

Unrestricted funds represent the funds of Friends of Sabeel (FOSUK) Ltd that are available for use at the discretion of the trustees in the furtherance of the general objectives of the charity.

The designated funds are to be used for the purposes for which the money was donated.

c) Incoming resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

d) Resources expended

Expenditure is recognised when it occurs and on an accrual basis as a liability is incurred. Expenditure includes VAT which cannot be recovered, and is reported as part of the expenditure to which it relates.

e) Fixed Assets

Friends of Sabeel UK (FOSUK) hold no fixed assets.

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

2. Donations & Subscriptions

Unrestricted Designated 2020 2019
Donations& Subscriptions 37,043 6,077 43,120 40,840
Gift Aid 3,521 3,521
4,138
Total 40,564 6,077 46,641
44,978

3. Resources Expended included the following key items:

2020 2019
Donations and support to Sabeel Jerusalem
Sabeel Jerusalem 150 8,928
Information & Publications
Cornerstone Magazine, FOSUK Newsletter, books,
leaflets,website & IT, postage
1,898 4,888
**Activities Directly Related to the workof Sabeel **
RediscoveringPalestine subscription 0 50
Promotional Events and Speakers from Palestine 0 50
AdvocacyExpenses 741 4,466
Advocacy Consultancy 18,742 21,630
Conference 0 2,418
Administration & Support
Employment Expenses inc recruitment costs 0 4,412
Premises Cost including: Rent,Services and Insurance 3,843 5,129
Governance Costs
Board members’ expenses 284 2,028
Othergovernance costs(mainlytransaction costs) 1,179 172

4. Staff Costs and Numbers

Staff Costs were as follows: Staff Costs were as follows: Staff Costs were as follows:
2020
£
2019
£
Salaries andWages 0 4,412
National Insurance Costs
Total 0 4,412

The average number of employees during the year, calculated on the basis of full time equivalents was Nil (2019: less than 1). The charity does not operate any pension scheme.

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

5. Trustee Remuneration & Related Party Transactions

No members of the Board received any remuneration during the year. Expenses amounting to £284 were paid for travel to Board Meetings and other relevant meetings. (2019: £2,028)

The office which was used for part of 2019 and is now the charity’s registered office is leased by a company in which one Trustee is a Director. The payments to this company in the year were £2,900 (2019: £300) No other trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

6. Taxation

As a charity, Friends of Sabeel (FOSUK) Ltd is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

7. Tangible Fixed Assets

The charity has no tangible fixed assets.

8. Investments

The charity has no income from investments

9. Debtors

Debtors and Prepayments are £4,814 . (2019: £2,000)

10. Creditors: Amounts Falling Due within One Year

Accruals are £1,280 . (2019: Accruals £3,166)

11. Analysis of Net Assets

General
Fund 2018
£
Restricted
Funds 2018
£
Total
2020
£
Total
2019
£
Current Assets 38,250 6,461 25,932
Current Liabilities (1,280) 0 (1,280) (3,166)
Net assets as at 31st
December
36,970 6,461 43,431 22,766

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Friends of Sabeel (FOSUK) Ltd Operating as Sabeel-Kairos Statement of Financial Activities for the year ended 31[st] December 2020

12. Movements in Funds

As at 1st
January 2019
Transfer
between
Funds
Incoming
Resources
Outgoing
Resources
As at 31st
December
2019
Restricted
Funds
10,588 0 6,550 16,605 533
Unrestricted
General
Fund
17,473 0 42,412 37,653 22,232
Total Funds **28,061 ** 0 **48,962 ** 54,258 22,766
As at 1st
January 2020
Transfer
between funds
Incoming
Resources
Outgoing
Resources
As at 31st
December
2020
Restricted
Funds
533 0 6,077 150 **6,461 **
Unrestricted
General
Fund
22,232 0 41,142 26,404 36,970
Total Funds 22,766 0 47,219 26,554 43,431

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