**COMPANY REGISTRATION NUMBER: CHARITY REGISTRATION NUMBER:**
**05801510 1117909**
**Fountain of Peace Children's Foundation UK Company Limited by Guarantee Unaudited Financial Statements For the year ended 31 May 2021**
**Fountain of Peace Children's Foundation UK Company Limited by Guarantee Financial Statements Year ended 31 May 2021**
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Page
Trustees' annual report (incorporating the director's
report) 3
Independent examiner's report to the trustees 10
Statement of financial activities (including income and
expenditure account) 11
Statement of financial position 12
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Statement of cash flows **13 14**
Notes to the financial statements
# **The following pages do not form part of the financial statements**
Detailed statement of financial activities **19** Notes to the detailed statement of financial activities **20**
## **Fountain of Peace Children's Foundation UK Company Limited by Guarantee Trustees' Annual Report (Incorporating the Director's Report) Year ended 31 May 2021**
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 May 2021.
## **Reference and administrative details:**
**Registered charity name** Fountain of Peace Children's Foundation UK **Charity registration number** 1117909 **Principal office and registered office** 2 Widmore Cottages Asheridge Chesham Buckinghamshire HP5 2UY
## **The trustees**
Mrs S Williams (Appointed 6 November 2020) Dr A.D. Shepherd Mrs A. Basabe Mrs M. Shepherd Mrs K Sharma Ms S Dodd Mr P Amboule
**Company secretary**
Mrs M. Shepherd
**Independent examiner** Mark A Jordan Jordan & Company Knighton House 62 Hagley Road Stourbridge West Midlands DY8 1QD
## **Structure, governance and management**
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_Governing document_
Fountain of Peace Children's Foundation UK (FOP-UK), hereafter known as the charity, is a company Limited by Guarantee, governed by its Articles of Association, adopted by Special Resolution on 4th February 2021. It is registered as a charity with the Charity Commission (England and Wales). Membership of the company is by approval of the trustees. In the event of winding up each member has agreed to contribute £1.
## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee**
**Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 May 2021**
## **Structure, governance and management** _**(continued)**_
## _Recruitment and appointment of trustees_
The board consists of voluntary trustees who are all practising Christians. Prospective new trustees are invited to join the board by existing trustees through the recruitment process, which follows Charity Commission guidelines, in making sure there is an appropriate range of skills, knowledge and experience amongst its members. Board members have statutory responsibilities but they receive no remuneration. They also attend briefings and training courses as appropriate.
Existing members approach suitable candidates who are invited to attend a Trustee meeting, initially as an observer, before being formally invited to join the board following references and other relevant checks including an enhanced child protection police check (DBS).
New trustees are given an induction pack which includes all relevant constitutional documents, a brief history of FOP-UK, governance and any other information relevant to the work of the charity. All members receive a regular copy of the "Governance & Leadership" magazine in order to keep them up to date with their role and responsibilities and are also directed to read the Charities Commission Governance code.
## _Organisation_
The Board of Trustees administers the charity. The board meets three times per annum. All aspects of the UK charity are considered, principally in line with the operational function of FOP-UG, who issue quarterly management and financial reports, in line with their future planning policies.
## _Related parties_
A similarly-named charitable company Fountain of Peace Children's Foundation UG (FOPUG) is incorporated in Uganda, number 92703, and is Limited by Guarantee. Funds raised in the UK are granted to the Ugandan charity, which in turn oversees the operational aspects of the development, as implementing partner. FOP-UK and its related Ugandan partner have discrete Articles of Association though their business plans and strategy are broadly aligned. Likewise, a charitable company, registered with the New Zealand Charities Commission (CC number 48465), with whom FOP-UK works closely, provides funds for the same purposes as FOP-UK in making grants to FOP-UG. A Memorandum of Understanding (MOU), signed by all three parties, is in place.
## _Safeguarding_
As a charity whose primary objective is to fund the provision of care for the most
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vulnerable children overseas it is incumbent upon the UK trustees to ensure that they, as well as all those who work within or otherwise visit the project, are required to undergo regular safeguarding training. All volunteers who go to the project to assist are required to have an enhanced DBS check to accompany their application to travel. The charity is registered with an approved UK Safeguarding agency to advise on these matters, and also to give ongoing training to the Board.
# **Fountain of Peace Children's Foundation UK Company Limited by Guarantee**
**Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 May 2021**
## **Structure, governance and management** _**(continued)**_
## _Risk management_
The Charity's exposure to risk is constantly kept under review and 'Risk Management' remains a priority that is reflected in the organisation's attitude and practice towards good governance. A written policy for risk management is in place and is regularly reviewed by the board on an annual basis.
The risk register identifies risks likely to affect the charity's ability to meet its aims and objectives in areas of Governance and Management, Financial and Legal, Operational and any other external factors.
Systems and policies are in place to reduce or mitigate any risk and these are monitored and appropriate actions taken if required.
## _Other Written Policies_
In accord with the charity's approach to good governance there are also written policies in place (see below) which are reviewed on a regular basis as shown.
The charity is registered with the Fundraising Regulator.
## _List of Policies_
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Policy name Implementation Last review Next review
date date
Anti-Fraud Policy 20 [th] January 2020 6 [th] November November
2020 2021
Code of Conduct for Board 1 [st] August 2017 6 [th] November November
Trustees 2020 2021
Complaints policy 28 [th] September 6 [th] November November
2017 2020 2021
Conflicts of Interest policy 28 [th] September 6 [th] November November
2017 2020 2021
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Finance Policy 6 [th] November 6 [th] November November
2020 2020 2021
Manual Handling policy January 2019 6 [th] November November
2020 2021
Privacy policy 4 [th ] July 2018 6 [th] November November
2020 2021
Recruitment and Induction 1 [st] August 2017 6 [th] November November
of new Trustees 2020 2021
Risk Register 28 [th] September 6 [th] November November
2017 2020 2021
Safeguarding Children & 11 [th] October 2017 6 [th] November November
Young People policy 2020 2021
Succession Policy 6 [th] November 6 [th] November November
2020 2020 2021
Training Policy 6 [th] November 6 [th] November November
2020 2020 2021
Volunteers policy 28 [th] September 6 [th] November November
2017 2020 2021
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## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee**
## **Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_ **Year ended 31 May 2021**
## **Objectives and activities**
The aim of the charity is to make a difference, now and in the future, by generating hope and transformation in the lives of abandoned and/or orphaned babies and children in the Kyenjojo District of Western Uganda, in particular, a Babies' Home to benefit and serve these children has been built with a capacity of 42 infants. Currently there are also six family units, each accommodating a family of up to eight children, from three years of age onwards, along with a house mother and nanny.
The stated Objects of the charity are:
(1) to advance the Christian Faith;
(2) the relief of poverty and sickness and the distress caused thereby among children in Africa and such parts of the world as the Trustees may from time to time think fit including, but not by way of limitation, through the provision of orphanages and homes for abandoned children and such other charitable activities as the Trustees shall determine from time to time;
(3) to advance education for the benefit of children disadvantaged or marginalised by reason of their economic or geographical circumstances in such parts of the world as the Trustees may from time to time think fit, including, but not by way of limitation, the provision of sponsorship programmes; and
(4) the provision of facilities for the benefit of such local communities in Africa and the world which facilities may without limitation include the provision of child care services
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and meetings, lectures and classes and other forms of education, recreation and leisure time occupation, without distinction of race, sex, political, religious or other opinion and with the object of improving the conditions of life for the said inhabitants as the Trustees may from time to time in their discretion determine.
## **Fountain of Peace Children's Foundation UK**
# **Company Limited by Guarantee Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 May 2021**
## **Achievements and performance**
The Covid-19 pandemic has continued to significantly influence our operation in the UK, insofar as promotional activities have been severely curtailed, affecting our income. However, we can report that we continue to operate from a solid financial base which, along with the loyalty of our donors, has allowed us to fulfil all our obligations without diminishing our ability to make additional funding available for capital expenditure projects etc. We have increased our regular donors from 76 to 89 in this financial year.
The total funding grants made, for charitable activities, to support the work of FOP-UG from June 2020 to May 2021 was £84,535 excluding any bank charges. The breakdown of these funds includes the following:
£14,498 as a 50% share towards installation of Grid Power which will also benefit the local community.
£10,848 to complete work on the 6th family home.
£5,880 was paid towards the conversion of a pre-existing building to a two classroom block for Rwenjaza High School.
£5,567 was paid to fund rebuilding of the access road to the project/local village.
£3,234 funded the conversion of wood fired kitchen burners to eco-kitchens in all the
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homes.
We continue to make grants of £7,000 per quarter in lieu of our regular financial commitment to the FOP project in Kyenjojo.
## _Board of Trustees_
Continuing education of all trustees is considered mandatory. Each trustee receives regular bi-monthly copies of 'Governance & Leadership' magazine. We have appointed one new Trustee in this current year bringing our total to seven.
## _Fountain of Peace NZ_
2020-2021 has seen Fountain of Peace (New Zealand) continue to supply financial and practical support. All 3 countries (UK, UG, NZ) continue to work together to advance the aims and objectives of Fountain of Peace Children's Foundation in Uganda.
## _Sustainability_
The trustees, along with other FOP partners, continue to actively consider a medium-long term sustainability strategy in line with our overall policy of self-sufficiency at the earliest date possible.
## _Volunteers and supporters_
The trustees of FOP-UK and our implementing partner FOP-UG, owe a massive debt of gratitude to our volunteers and supporters. Their dedication and commitment provides both organisations with a solid foundation that enables our UK fundraising events and activities to be undertaken and the implementation of the projects to be achieved. To ensure that our volunteers are supported and recognised we will continue to refine our 'Volunteer Policies' both in the United Kingdom and Uganda. Annual volunteer trips, whilst suspended during the Covid pandemic, are also organised to build on the policy of volunteer support to the charity.
## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee**
**Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 May 2021**
## _Reserves policy_
The Charity regularly reviews its 'Reserves policy' which stands at a residual balance of £17,000 equating approximately to 6 months operating costs (including teachers holiday pay) for Uganda. This sum may vary from time to time.
## _Future Plans_
In planning for the future the trustees are actively seeking to add further new partnerships with Churches and Schools, in particular, in order to develop fresh funding opportunities as well as innovative ideas to broaden the horizons of our childcare and teaching responsibilities as the FOP children grow up.
A period of financial consolidation will be required in 2021/22 to allow for further likely impact from the Covid-19 crisis, in addition to influencing our requirements for further planned expenditure in the Fountain of Peace village in Kyenjojo.
We aim to ensure that our Christian beliefs are always integral in the decision-making of the Board.
We seek, at all times, to work closely with our Ugandan colleagues in planning and
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executing the development of new build structures in the FOP village, particularly in relation to the ongoing family units and the school buildings.
The UK board has undertaken a full reassessment of its responsibilities and functioning in order to make better use of the skills available, in addition increasing its number where certain skills may be lacking. We have therefore acquired 1 new trustee this year who brings her substantial legal expertise to our Board.
## _Public Benefit statement_
As a Board of trustees we are cognizant of the Charity Commission's guidelines on public benefit and we confirm that we have given due regard to this guidance within our report. We have shown in this report that we continually seek to fulfil the core objectives of the charity in the Articles of Association, in addition to improving relationships between UK and Uganda in moving forward with care and education for severely disadvantaged Ugandan children. This has been facilitated by partnerships with a number of UK based schools in an educational role, as well as increasing involvement of church and other communities, so enhancing UK-based inter-society relationships.
## _Statement of Trustees Responsibilities_
The trustees (who are also the directors of Fountain of Peace Children's Foundation UK for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee Trustees' Annual Report (Incorporating the Director's Report)** _**(continued)**_
## **Year ended 31 May 2021**
In so far as the trustees are aware:
1) there is no relevant audit information of which the company's auditors are unaware; and 2) the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
## **Financial review**
Restricted funds of £nil
Restricted funds are funds received from grants, stakeholders or donors for future expenditure associated with specific projects or purposes.
Unrestricted Funds
The current level of unrestricted funds is £42,837.
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## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees' annual report was approved on 26 July 2021 and signed on behalf of the board of trustees by:
Dr A.D. Shepherd Mrs M. Shepherd Trustee Charity Secretary
## **Fountain of Peace Children's Foundation UK**
**Company Limited by Guarantee Independent Examiner's Report to the Trustees of Fountain of Peace Children's Foundation UK Year ended 31 May 2021**
I report to the trustees on my examination of the financial statements of Fountain of Peace Children's Foundation UK ('the charity') for the year ended 31 May 2021.
## **Responsibilities and basis of report**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts 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 confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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 accounts to be reached.
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Mark A Jordan Independent Examiner
Jordan & Company Knighton House 62 Hagley Road Stourbridge West Midlands DY8 1QD
26 July 2021
## **Fountain of Peace Children's Foundation UK Company Limited by Guarantee Statement of Financial Activities**
## **(including income and expenditure account) Year ended 31 May 2021**
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2021 2020
Unrestricted
funds Total funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 5 103,137 103,137 122,862
Investment income 6 3 3 12
───────── ───────── ─────────
Total income 103,140 103,140 122,874
═════════ ═════════ ═════════
Expenditure
Expenditure on charitable
activities 7,8 107,645 107,645 116,684
───────── ───────── ─────────
Total expenditure 107,645 107,645 116,684
═════════ ═════════ ═════════
Net (expenditure)/income
and net movement in funds (4,505) (4,505) 6,190
═════════ ═════════ ═════════
Reconciliation of funds
Total funds brought forward 47,342 47,342 41,152
───────── ───────── ─────────
Total funds carried forward 42,837 42,837 47,342
═════════ ═════════ ═════════
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The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee Statement of Financial Position**
## **Year ended 31 May 2021**
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2021 2020
Note £ £ £
Current assets
Cash at bank and in hand 44,109 48,675
Creditors: amounts falling due
within one year 11 1,272 1,333
──────── ────────
Net current assets 42,837 47,342
──────── ────────
Total assets less current
liabilities 42,837 47,342
──────── ────────
Net assets 42,837 47,342
════════ ════════
Funds of the charity
Unrestricted funds 42,837 47,342
──────── ────────
Total charity funds 12 42,837 47,342
════════ ════════
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For the year ending 31 May 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions
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applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 26 July 2021, and are signed on behalf of the board by:
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Dr A.D. Shepherd
Trustee
Fountain of Peace Children's Foundation UK
Company Limited by Guarantee
Statement of Cash Flows
Year ended 31 May 2021
2021 2020
£ £
Cash flows from operating activities
Net (expenditure)/income (4,505) 6,190
Adjustments for:
Other interest receivable and similar income (3) (12)
Interest payable and similar charges 75 125
Accrued (income)/expenses (61) 100
─────── ───────
Cash generated from operations (4,494) 6,403
Interest paid (75) (125)
Interest received 3 12
─────── ───────
Net cash (used in)/from operating activities (4,566) 6,290
═══════ ═══════
Net (decrease)/increase in cash and cash equivalents (4,566) 6,290
Cash and cash equivalents at beginning of year 48,675 42,385
──────── ────────
Cash and cash equivalents at end of year 44,109 48,675
═══════ ═══════
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## **Fountain of Peace Children's Foundation UK**
**Company Limited by Guarantee**
**Notes to the Financial Statements**
**Year ended 31 May 2021**
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## **1. General information**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 2 Widmore Cottages, Asheridge, Chesham, Buckinghamshire, HP5 2UY.
## **2. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
## **3. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis.
## **Going concern**
There are no material uncertainties about the charity's ability to continue.
## **Judgements and key sources of estimation uncertainty**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
**Fountain of Peace Children's Foundation UK Company Limited by Guarantee Notes to the Financial Statements(continued) Year ended 31 May 2021**
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## **3. Accounting policies** _**(continued)**_
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
- legacy income is recognised when receipt is probable and entitlement is established.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
## **Fountain of Peace Children's Foundation UK**
**Company Limited by Guarantee**
## **Notes to the Financial Statements(continued)**
**Year ended 31 May 2021**
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## **3. Accounting policies** _**(continued)**_
## **Financial instruments**
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.
## **4. Limited by guarantee**
The company is limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
## **5. Donations and legacies**
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Total
Unrestricte Funds Unrestricte Total Funds
d Funds 2021 d Funds 2020
£ £ £ £
Donations
Donations 92,375 92,375 112,418 112,418
Gift Aid 10,762 10,762 10,444 10,444
───────── ───────── ───────── ─────────
103,137 103,137 122,862 122,862
═════════ ═════════ ═════════ ═════════
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## **6. Investment income**
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Total
Unrestricte Funds Unrestricte Total Funds
d Funds 2021 d Funds 2020
£ £ £ £
Bank interest
receivable 3 3 12 12
════ ════ ════ ════
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## **7. Expenditure on charitable activities by fund type**
**----- Start of picture text -----**
Total
Unrestricte Funds Unrestricte Total Funds
d Funds 2021 d Funds 2020
£ £ £ £
Charitable activities 98,659 98,659 114,671 114,671
Support costs 8,986 8,986 2,013 2,013
───────── ───────── ───────── ─────────
107,645 107,645 116,684 116,684
═════════ ═════════ ═════════ ═════════
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## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee**
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## **Notes to the Financial Statements(continued)**
## **Year ended 31 May 2021**
## **8. Expenditure on charitable activities by activity type**
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Activities Total
undertaken Support funds Total fund
directly costs 2021 2020
£ £ £ £
Charitable activities 98,659 – 98,659 114,671
Governance costs – 8,986 8,986 2,013
──────── ─────── ───────── ─────────
98,659 8,986 107,645 116,684
════════ ═══════ ═════════ ═════════
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## **9.**
## **Independent examination fees**
**----- Start of picture text -----**
2021 2020
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,200 1,198
═══════ ═══════
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## **10. Trustee remuneration and expenses**
No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
## **11. Creditors: amounts falling due within one year**
**----- Start of picture text -----**
2021 2020
£ £
Accruals and deferred income 1,272 1,333
═══════ ═══════
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## **12. Analysis of charitable funds**
## **Unrestricted funds**
**----- Start of picture text -----**
At
At Expenditur 31 May 202
1 June 2020 Income e 1
£ £ £ £
Unrestricted Fund 47,342 103,140 (107,645) 42,837
════════ ═════════ ═════════ ════════
At
1 June 201 Expenditur At
9 Income e 31 May 2020
£ £ £ £
Unrestricted Fund 41,152 122,874 (116,684) 47,342
════════ ═════════ ═════════ ════════
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## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee**
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## **Notes to the Financial Statements(continued)**
## **Year ended 31 May 2021**
## **13. Analysis of net assets between funds**
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Unrestricted Total Funds
Funds 2021
£ £
Current assets 42,837 42,837
════════ ════════
Unrestricted Total Funds
Funds 2020
£ £
Current assets 47,342 47,342
════════ ════════
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## **14. Analysis of changes in net debt**
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At At
1 Jun 202 31 May 20
0 Cash flows 21
£ £ £
Cash at bank and in hand 48,675 (4,566) 44,109
════════ ═══════ ════════
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**The following pages do not form part of the financial statements.**
## **Fountain of Peace Children's Foundation UK**
## **Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 31 May 2021**
**----- Start of picture text -----**
2021 2020
£ £
Income and endowments
Donations and legacies
Donations 92,375 112,418
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**----- Start of picture text -----**
Gift Aid 10,762 10,444
───────── ─────────
103,137 122,862
───────── ─────────
Investment income
Bank interest receivable 3 12
──── ────
───────── ─────────
Total income 103,140 122,874
═════════ ═════════
Expenditure
Expenditure on charitable activities
Insurance 475 473
–
Travelling expenses 20,697
Compassion UK sponsor a child 401 321
Advertising 9,096 4,166
Office expenses 2,928 1,765
Donations to FOP UG 85,759 87,249
Accountancy fees 1,200 1,198
Professional fees 6,185 414
Bank charges 75 125
Trustee training 1,526 276
───────── ─────────
107,645 116,684
───────── ─────────
───────── ─────────
Total expenditure 107,645 116,684
═════════ ═════════
───────── ─────────
Net (expenditure)/income (4,505) 6,190
═════════ ═════════
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## **Fountain of Peace Children's Foundation UK Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 May 2021**
**----- Start of picture text -----**
2021 2020
£ £
Expenditure on charitable activities
Charitable activities
Activities undertaken directly
**----- End of picture text -----**
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**----- Start of picture text -----**
Insurance 475 473
–
Travelling expenses 20,697
Compassion UK sponsor a child 401 321
Advertising 9,096 4,166
Office expenses 2,928 1,765
Donations to FOP UG 85,759 87,249
──────── ─────────
98,659 114,671
──────── ─────────
Governance costs
Accountancy fees 1,200 1,198
Professional fees 6,185 414
Bank charges 75 125
Trustee transition training 1,526 276
─────── ───────
8,986 2,013
─────── ───────
───────── ─────────
Expenditure on charitable activities 107,645 116,684
═════════ ═════════
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