Tb¢ tS Children's Ce•tre Ch•ritsble Trust Financial Ststrments for ihe year ended 31 December 2020 Regi*tertd Cbarsty Nwmbcr: 1123207
The Lot Children's Ceutre Chritsble Trnst Statement of accounts for the year ended 31 t)enE 2020 Contents Pg¢ Legat and athninislraliv¢ infornwion Independent ¢XJmiD¢T'S Itrt Statement of financial activities for the y¢ar ended 31 December 2020 Balance shttt &s ai 31 Drf¢mber 2020 Notes to the accounts
The Lokns Cbildr¢n's Cextre Chritbk Tr•3¢ Trusl¢¢s F M¢Coll G Dowling M Wells C Lee (restgned l June 2020) F Hill Registered oifi¢e 10 Downs W¢xxl Vigo Gravesend Kenl DA13 OSQ ecountsnts TC Group Level l Devonshire House One Mayfair Place London WIJ 8AJ
The Lotus Children's Centre Chkritsble Trust Trustees, Report The Trustees subtnit their Trustee5' report for the year ended 31 tkcemkr 20•0. Objects of the TrusL Pritteipal Activities and Org*nisatioD of our Work The Trust is govern by the Trusi D¢¢d dated 7 NoveJnlKT 2¢X)7. The objec15 of the Trust are the relief of children in need in kfongolia by the provision of accomm(Klatio&. are supp)rL education aT]d tratning for them. Trustees •nd other Relevant Persoll5 The names of the Truste¢s and other key peOnnel and relevant petsons are listed on page l. The result for the year is shown on page 4 arkd the p)sition at the end of the year is shown on pagc ". Trustees, respoDsibilities relation to the finaDci#l statements The charity trustees are rcspon5iblc ftsr preparing a tntst¢Cs' antlual report and financiat ststements in accordance with applhcable law and United Kingdoln Accounting Standards (United Kingdom Generally Accepted Accounting Practi¢e)- The law applicable to charitiC5 in England and Wales Tequires the charity trustees to prepare financial statements for each year which giN'e a true and fair view of the statr of affaiTS of the charitj. and of th¢ incoTning resources and applicaiion of resourccs of the charity for that pcriod. In preparing the financial stateTnents, the trusices are requircd to: • seled suitable accounting policies and then apply them eonsistently. . observe the tnethodg and principlcs in the applicable ChariEi¢S SORP. • make judgemcnts and esiimat¢s that are reasonable and prudcnL • sthtc whether applicable accounting standards have been followe¢ subject to any material departures disc105ed and explained in the financial sratements" . prepare thc fL[icIal stat¢ments on the goiEEg concern basis LEnless it is inappropriate lo presume that the charity will continue in business. The trustees are responsible for keeping proper accounling records that disclose wilh reasonablc accur&cy at an), tiTne the financial EM)Sition of th¢ charity and to enable them to ensure that the financial stakment5 omply with th¢ Ch2rities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the prov1910ns of the Trust deed. Thej. are also regponsible for safeguarding the assets of the charity and taking reasonable steps for the prevention a deieciion of frdud and other irregularilies. The trustees are reswnsible for the maintenance and integrtty of the charity and financial infomiation included on the chariry s website. Legislation in the Unitcd Kingdom governing the preparntion and disseminalion of financial st2tements may differ from legtslation IJ) other jurisdictions. On behalf of the Truste F M¢Coli
Tht LO1 CbildreDs C¢thtr¢ Ckaritsble Trust Independent exaffliner's rertt0 the Truste¢5 of Thc Lo¢w8 Childrcn's Centre Charltable Tn I rewbrt on the accounts of the trust for the year eDda 31 De£eM 2020 which are set out on pages 4 to Restive res8bilItieS of trL8tees and euminer The ChIty'S tnLSt&s are rwN5ib1e fortk preparation of the accounts. The thity's IstrES consider that an audit is not requiTeil for this yrat under sedion 144(2} of the Charities A¢t 201 I (the 2011 Act) and that independent exalnination is needed. It is my responsibility to: examine the accounts undersectiiyn 145 of the 2011 ACL to follow the pr(Kedures laid down in the Getal Directions given by the Clwtty Commi55ion {under stxtioR 145(SXb) of the 2011 ACL and state whether particular Inal have com¢ to my attentioD. Basis of iDdependtMt eumiDer's rewtyrt My ¢xamtnat&on w&5 carried out in accordan(z Gener81 Directions given by the Charity Cornmission. An examination includes a review of the aecountÈng rOr(l$ kept by the charity and a comparisott of the accounts presented with th05C teconts. It a150 IludeS consideY3tiovh of any unusual it¢ms or disclosur¢s Én the accoun and seeking explanations from you &8 concerning any such matters. The procethjres UTNlert4ken do nol Provide all the evidence that Wld wuired in an audit and consequently no opinion is given &8 to whether thc aCuDts prescnt a 'tn and fair. view and the rerM)rt is limited to those matteTS set out in the ststement below. Independent eMiner'S statemenl In connection with my examiOn. no matter h&$ come to my attention: which giv¢5 me Fc&fonable to believe that iffj any material Eespeci the requirements: lo keep accounting Or& in accordantt with Section 130 of the 2011 Ac¢ and . lo prepar¢ accounts which arwrd with th¢ a¢Wmti records and comply with the untIng r4uirem¢nts of the 2011 Act bave noi tY£n met I have no concerns and have coN ro&S no other matters in connection with the examination to which attention should be drawn in this to enabk a prw undeng of the ac(x)unts to iK teached. /¥>> 3yts•> 26 July 2021 Timothy L Sthon Bsc FCA TC Group Level l Devonshite Ho¥Jse On¢ Mayfair Place London WIJ 8AJ
The iA)tss ChildreA?g Cetttre Ch•riknble Tr#st Statement of finan¢tal actrytties for th¢ year entsl 31 Decembcr 2020 2020 2019 Income Donations and legacÈes CEwitable athiviiies Inveslm¢ni income 142.223 8,733 323 67.602 7,660 897 Total 151279 76,159 Expenditure Direct charitable eXdItre Charltable activities 126.060 T7.707 Other eIptnditsre BaDk Charges 1.121 739 1.121 739 Totsl expenditure 127.181 78,446 Net movement in fifftds 24.(8 (2,287) Total funds brought fonvard 164,672 166,959 Total fuuiLs Caled forwanl 18&770 164.672 All Atieome and expenditure is derived from attrLstrieted etivi(ie& The ststemeAt of f0¢11 a¢livitsts imdudes all gaiD5 and lasses i* the ytar.
Th¢ tU5 Children's Centre Charit*ble Trust Balance sheet as ai 31 D¢mber 2020 2020 2019 Current Assets C&8h at bank and kn hand 188.770 164.672 188.770 l (A.672 Creditors: Amounts lalling due wilhin one vear Totsl Assets Current Ll•bililies 188.770 164.677 188.770 164.67• Represented bv: Unreslrictcd funds Reslri¢ted funds 188.770 164,672 188.770 F Mccoll
The Childrell's Centre Charitable Tr&¥t Notes fonning part of the accounts for the year ended 31 DeCem1r 2020 I ACCOUNTING POLlCtES Basis of AccouHtiD8 Thc financial statements have Ixen prepared in accorda¢ with the Statrment of Recommended Pra¢ttce: Accounting and Reporting by Charities preparing theiraccounts in accordance with the Financial Rep(>rting Swidard applicable in the UK (FRS 102) publi$hed on 16 July 2014. the Financial Reporting Standard applicable in the UK (FRS 102) and the Charitses Act 2011. The Charity wnsiittbt¢5 a public knefit entity &s defined by FRS 102. The accounts have been preparnj undu the historical cost convention with items Tecognised at cost or transaction valu¢ unle&8 otherwise stst¢d in the relevant no to these a¢¢ounts. The trustees consider that there are no material unceriainties about the Charity's ability to continue as a going concern. IDeome retoRnttlon Income is derived from subscription& donaiions and inva8uneni iNXDe. All income 15 rgnised onLe the charity h&s entitlement to the income. there is sufficient certainty or receipt and so it is probabl¢ that the income will be received and the amounl of incorne received ¢8n k me&sured reliably. Subscription. donation and investmesrt Iorne are All accounted for on the da of receipt In the Charity's bank accounL ExpeDdltsre rc¢o8fditlo Liabilities are recognis¢d &5 expendittkre as soon a5 there is a legal or CofLstructive obligation committing the charity to that expenditu it is probable that settlement will be required and the amount of obligation can be muled reliably. All expenses are allo¢at¢d or apportioned to the gpplicable ex&dIture headings in the statement of financial activities. 2. Indend¢t Examiner's Remu•era¢ion The lrtderndent Examiner's remwvation w&8 £nil (201. £nil) 3. Related prty #nd Ir¥sl¢e4' ¢xpew8 axd rennnerlioM The trustees all giv¢ relY of theirtime ex[trtI widxNrt any forni of remuneration or other benefit in cash or kind. Expenses paid to the tDJstees in the y¢4r iotslled £nil (2019: £509) 8nd these exrRnses were reimbursement of charitAble cfjntrlllo8 by l truste¢ on Pxhalf of th¢ chaTity. There were no Teiated party transactions duTiTrg the year (2019: £nil)