2022-06-30-accounts - The Separated Child Foundation

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for the year	ended 30June 2	022
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
			2022	2022	2022	2021
		Notes	2	2	2	2
Income and	endowments
from:
Donations	and legacies		266,622	67,245	333,867	199,300
Investments			86		86	9
Total			266,708	67,245	333,953	199,309
Expenditure	on:
Raising funds			10,992		10,992	9,328
Charitable	activities		145,394	86,798	232,192	150,746
Total			156,386	86,798	243,184	160,074
Net gains on	investments
Net income			110,322	(19,553)	90,769	39,235
Transfers between funds
Net income	before other
gains/(losses)			110,322	(19,553)	90,769	39,235
Other gains	and losses
Net movement in funds			110,322	(19,553)	90,769	39,235
Reconciliation offunds:
Total funds brought forward			76,427	25,175	101,602	62,367
Total funds carried forward			186,749	5,622	192,371	101,602

Balance Sheet
at 30June 2022
Company No.	06270575			Notes	2022 2	2021 2
Current assets
Debtors				11	27,100	350
Cash at bank	and		in hand		168,929	103,607
					196,029	103,957
Creditors: Amount		falgng due within one year		12	(3,658)	(2,355)
Net current assets					192,371	101,602
Total assets less	current liabilities				192,371	101,602
Net assets excluding			pension asset or liability		192,371	101,602
Total net assets					192,371	104602
The funds of the	charity
Restricted funds				13
Restricted Income			funds			25,'l75
					5,622	25,175
Unrestricted funds				13
Generalfunds					186,749	76,427
					186,749	76,427
Reserves				13
Total funds					162,311	101,602

Republic o	fIreland (FRS102)and the Companies Act 2006.	fIreland (FRS102)and the Companies Act 2006.
Change in	basis ofaccounting orto 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
Unrestdicted funds		These are available for use at the discretion ofthe trustees in furtherance				of	the
		general objects ofthe charity.
Designated	funds	These are unrestricted funds earmarked by the trustees	for particular purposes.
Revaluation	funds	These are unrestricted funds which include a revaluation	reserve representing					the
		restatement ofinvestment 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 probable to receive -it ismore	likely	than not	that		the
		economic benefits assocated with the transaction or gift	will flow to the		charity,
		and the amount ofthe income can be measured with sufficient		reliability.
Income with related		Where income has related expenditure the income and	related	expenditure			is
expenditure		reported gross In the SoFA.
Donations	and	Voluntary income received by way ofgrants, donations and gifts is Included				in		the
legacies		the SoFAwhen 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 asthe
donations	and gifts	gift/donation to which it relates.
Donated services		These are only included in income (with an equivalent amount		in expenditure)
and facilities		where the benefit to the Charity is reasonably quantifiable, measurable			and
		materiaL
Volunteer	help	The value of any volunteer help received is not included	in the	accounts.
Investment	income	This is Included in the accounts when receivable.
Gains/(losses) on		This includes any gain or loss resulting from revaluing investments to market					value
revaluation	offixed	at the end ofthe year.
assets
Gains/(losses) on		This includes any gain or loss on the sale ofinvestments.
investment	assets

3	Stateme	nt	ofFinancial	Activities - prior y	ear
						Unrestricted	Restricted
						funds	funds	Totalfunds
						2021	2021	2021
Income and		endowments		from:
	Donations		and legacies			96,341	102,959	199,300
	Investments					9		9
Total						96,350	102,959	199,309
Expenditure		on:
	Raising	funds				17,500		17,500
	Charitable		activities			49,615	92,959	142,574
Total						67,115	92,959	160,074
Net	income					29,235	10,000	39,235
Net	income	before other
gains/(losses)						29,235	10,000	39,235
Other gains		and losses:
Net	movement		in funds			29,235	10,000	39,235
Reconciliation			offunds:
Totalfunds		broughtforward				47,192	15,175	62,367
Total funds		carried forward				76,427	25,175	101.602
4	Income	from donations		and legacies
					Unrestricted	Restricted	Total	Total
							2022	2021
					2		6	2
	Trusts /	NLCF			134,158	67,245	201,403	71,000
	Donations				132,464		132,464	128,300
					266,622	67,245	333,867	199,300
5	Income	from investments
						Unrestricted	Total	Total
							2022	2021
						6	2	2
						86	86	9
						86	86	9

6	Expenditure		on raising funds	on raising funds	on raising funds	on raising funds
										Unrestricted	Total	Total
											2022	2021
											8	2
	Costs otgenerating voluntary
	income
	Trusts / NLCF									10,992	10,992	9,328
										10,992	10,992	9,328
7	Expenditure		on charitable		activities
								Unrestricted		Restricted	Total	Total
											2022	2021
											8	2
	&rpend/tore	on charltabie
	activi ties
	Arrival and sleep packs								76,321	74,798	15f,f19	78,522
	Club class								3,900		3,900	5,100
	Salaries/wages								54,167	12,000	66,167	48,872
	Other management/support								7,970		7,970	17,262
	costs
	Governance	costs
	Independent fees		examination						1,740		1,740	990
	Legal feesfor new articles				of				1,296		1,296
	association
								145394		86,798	232,192	150,746
8	Net income	before transfers
										2022		2021
	This isstated		after charging:			'						8
	Independent		Examiner's	fee						1,740		990
9	Trustee remuneration and				expenses
	One or more		ofthe trustees			has been paid		expenses	in the current or prior periods.
										2022		2021
										Number		Number
	Number oftrustees paid			expenses						1
	The nature	ofthe reimbursed					expenses	Travel expenses
	Total expenses reimbursed					to	trustees			67

	The average	The average	monthly	number of full time equivalent	during the year was asfollows:
					2022	2021
					Number	Number
	Charitable	Activities			4	3
					4
11	Debtors
					2022	2021
						2
	Other debtors				26,950
	Prepayments		and accrued income		150	350
					27,100	350
12	Creditors:
	amounts	falling due		within one year
					2022	2021
	Trade creditors				221
	Other creditors				204
	Accruals				3,233	2,355
						2,355

Separated Child Foundation s tothe Accounts Movementinfunds
		Incoming
		resources
		(including	Resources	At30June
		other	expended	2022
	At 1 July	gains/losses
	2021	)
		2
Restricted funds:
Restricted Income funds:
UKYouth	12,000		(12,000)
Underwood Trust		10,000	(10,000)
NLGF -Awards for Ag	5,175		(5,175)
NLCF -Awards for All		9,975	(4,353)	5,622
Stanley Grundy Charitable
Foundation		9,000	(9,000)
7Stars Foundation		7,500	(7,500)
The Worshipful Company of
Grocers		5,000	(5,000)
Green Hall Foundation		5.000	(5,000)
February Foundation		5,000	(5,000)
Other restricted funds	8,000	15,770	(23,770)
Total	25,175	67,245	(86,798)	5,622
Unrestricted funds:
Generalfunds	76,427	266,708	(156,386)	186,749
Total funds	1012	333,953	(243,184)	192,371

14	Analysis	of ne	t assets	between	funds
									Unrestricted
										Total
									funds
									2	2
	Net current assets								1920371	192,371
									192,371	192,371
15	Reconciliation		of net	debt
								At 1 July		At 30June
								2021	Gash flows	2022
								2		8
	Cash and	cash	equivalents					103,607	65,322	168,929
								103,607	65,322	168,929
	Net debt							103,607	%,322	168,929
16	Commitments
	Operating lease commitments
	Annual commitments			under non-cancellable		operating	leases are as follows:
							2022	2022	2021	2021
						hand	and		land and
						buildings		Other	buildings	Other
							2			2
	Operating	leases with		expiry date:
	Pension commitments
								2022		2021
								2		2
	The pension cost charge to the				company
	amounted	to:						1,301		010
17	Related party		disclosures
	Name of	related party			R. Nasimi
	Description ofrelationship behveen the parties				Trustee

for the year ended 3	0 June		20	22
					Unrestricte	Restricted
					d funds	funds	Total funds	Total funds
					2022	2022	2022	2021
					f	2	2	2
Income and endowments		from:
Donations and legacies
Trusts / NLCF					134,158	67,245	201,403	71,000
Donations					132,464		132,464	128,300
					266,622	67,245	333,867	199,300
Investments
					86		86	9
					86		86	9
Total income and endowments					266,708	67,245	333,953	199,309
Expenditure on:
Costs ofgenerating	donations			and
legacies
Trusts / NLCF					10,992		10,992	9,328
					10,992		10,992	9,328
Total ofexpenditure	on raismg				10,992		10,992	9,328
funds
Charitable activities
Arrival and sleep packs Club class					76,321 3,900	74,798	151,119 3,900	78,522 5,100
Salaries/wages					54,167	12,000	66,167	48,872
Other management/support				costs	7,970 142,358	86,798	7,970 229,156	17,262 149,756
Governance costs
Independent examination			fees		1,740		1,740	990
Legal fees for new	articles		of		1,296		1,296
association
					3,036		3,036	990
Total ofexpenditure	on charitable				145,394	86,798	232,192	150,746
activities
Total expenditure					156.386	86.798	243,184	160,074
Net gains on investments
					'l10,322	(19,553)	90,769	39,235
Net income
Net income before	other				110,322	(19,553)	90,769	39,235
gains/(losses)
Other Gains

Net movement In funds	110,322	(19,553)	90,769	39,235
Reconciliation offunds:
Total funds brought forward	76,427	25,175	101,602	62,367
Total funds carried forward	186,749	5,622	192471	101,602