## TRUE CARE FOUNDATION LIMITED
## Registered Charity No: 1127963
Report and Financial Statements
for the Year End
31 January 2021
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## **Legal and Administrative Information**
**Name** True Care Foundations
**Charity No:** 1127963
**Principle Address:** 9 Spring Villa Park, Spring Villa Road, Edgware, Middlesex, England, HA8 7EB
**Trustees:** Ali Johnson Natalie Morgan Tama Lubinda
**Banker:** Starling Bank, 3rd floor, 2 Finsbury Ave, London EC2M 2PP
**Accountant:** S H Duncan ACCA
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## **AIMS AND OBJECTIVES**
True Care Foundation is a charity dedicated to supporting low income families with food provision during non term time period. We provide practical and emotional support through compassionate and efficient services that partner with and strengthen the community.
## **Values**
Compassion, Support, Empowerment, Equality, Empowerment
## **Aims:**
Reduce the number of low income households suffering from hunger in the UK Provide meals to low-income households outside Term- time
Raise funds to help projects/foodbanks that are already working in the community We support a wide network of food banks and together we provide support to families locked in poverty, and campaign for change to end.
## **What we do**
At True Care Foundation we provide food and activities to families who are struggling to support themselves over the school holidays in London and the surrounding areas;
- Food Boxes that contain staple food and healthy meal recipes that they can create to feed their families.
- Activity Days that we organise for families, schools and nurseries
- Professionals identify families in need and make them aware of our sponsored events.
- Families come to have food and enjoy the different activities we provide, with your help.
- This is all accomplished with your support and donations
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## **Independent Examiners Report**
To the Trustees of
## **True Care Foundation**
We report on the income and expenditure accounts of the Trust for the year ended 31 January 2021, which is Set out on page 3.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustee you are responsible for the preparation of the accounts: you consider that the audit requirement of section 145 of the Charities Act 2011 (the Act) does not apply. It is our responsibility to state. On the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 145 (5) (b) of the Act, whether particular matters have come to our attention.
## **Basis of independent examiners report**
Our examination was carried out in accordance with the general direction given by the charity commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts, presented with those records. It also includes consideration of any unusual items or disclosures in the accounts seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent examiners’ statement**
In connection with our examination, no matter has come to our attention:
- 1) Which given us reasonable cause to believe that in any material respect the requirements
- To keep accounting records in accordance with Section 130 of the Charities Act 2011: and
- To prepare accounts which accord with the accounting records and to comply with the accounting requirements of the act
Have not been met: or
- 2) To which in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
## **S H Duncan ACCA Accounting Divas Limited 93 DERINTON ROAD LONDON SW17 8JA**
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## **Financial review**
The statement of financial activities show a surplus for the year of £6,383.00 and good progress has been made to increase the Unrestricted Funds.
The trustees actively pursue other sources of funding and are confident that appropriate other funding will continue for the year ended 31 January 2022.
## **Reserves Policy**
The executive members aim to hold three months running costs in reserve, which it will build up when funds are available.
## **Risk assessment**
The trustees actively review the major risks which the Charity faces on a regular basis and are satisfied that systems are in place to mitigate exposure to major risks.
The trustees have also examined other operational and business risks which they face and confirm that they are continuing to improve the systems in place to mitigate the significant risks.
## **Restricted Funds**
The Charity held no restricted funds during the current or previous financial period.
## **Trustees’ Remuneration and Expenses**
No payments were made to trustees during the current or previous financial period.
## **Related Parties**
There were no related party transactions in the current or previous financial period.
## **Trustees' responsibilities in relation to the financial statements**
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 1993. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities.
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## **True Care Foundation Ltd**
## **Receipts and Payments Accounts FOR THE YEAR ENDING 31[ST] January 2021**
|**Notes**
**Income**
**Donations, Fundraising, and tax Reclaim**
**Expenditure**
Advertising
Wages
Professional fees (Website)
Research
Events
Surplus (deficit) for the year
**Bank/Cash account balance at beginning of the year5,945**
Bank
Surplus (deficit) for the year
**Bank account balance at end of the year**
Analysed
Unrestricted Funds
|**2021**
**£**
8,050
5,095
25,185
6,110
4,450
16,772
**57,612**
**(49,562)**
5,945
50,000
**(49,562)**
6,383
6,383||**2020**
**£**
5,945
**5,945**
**5,945**|
|---|---|---|---|
||||**5,945**
5,945|
|||5,945||
Signed: ………………………..Chair, on behalf of the Trustees, date: ……………..
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