Annual Report and Accounts Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
Prepared by CBA Services Limited
Contents
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3 Reference and Administrative Details
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4 Trustees' Report
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6 Independent Examiner's Report to the trustees of
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7 Statement of Financial Activities
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8 Balance Sheet
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9 Notes to the Financial Statements
Child-Link International Aid Foundation (A Company Limited by Guarantee) Page 2 of 14
Annual Report and Accounts
Reference and Administrative Details
Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
Registered Charity Number
1128548
Company Registration Number
06828539
Directors and Trustees
Diana Butchers, Chair
Alan R Butchers
Peter W Moffat
Michele Millidge
Secretary
Karen J Adams
Registered Office
39a Moberly Road, Salisbury, Wiltshire, SP1 3BZ
Independent Examiner
CBA Services Limited
45 East Street, Blandford Forum, Dorset, DT11 7DX
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Trustees' Report
Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 4 April 2020.
Objectives and Activities
Purpose
The relief of poverty and sickness especially of children and young people throughout the world and the advancement of the christian religion throughout the world in accordance with the statement of faith.
Activities
We raise support through a child sponsorship programme (regular giving), mainly for the education of children at the Gnana Deepam school in Tamil Nadu, India. Funds are also raised for specific capital projects associated with this school in Nepal. We provide hot school meals, as school bus and educational resources for a primary school in the slums of Kathmandu.
Public Benefit
This year we have continued to support both schools: the Gnana Deepam Matriculation School in Tamil Nadu, Southern India and Pastor Daniel's kindergarten school in the Balkhu slum, Kathmandu, Nepal.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Achievements and Performance
Nepal
Child Link continues to fund a hot cooked lunch for each child every school day and a school bus to allow the children to travel to and from school safely – particularly during adverse weather when conditions in the slum are extremely wet and slippery.
In March 2020 the school had to close due to the pandemic During lockdown the community suffered famine, so with other members of his church Pastor Daniel ran a community kitchen at the school to support vulnerable families.
The school reopened at the end of November. There are measures in place to safeguard the health of staff and children. The children are absolutely delighted to be back after such a long break from their studies. Child link contributed some extra money at Xmas in order to
purchase warm coats for the children.
India
We have continued with the annual maintenance payment of £3,000 to keep the school in a good state of repair. Annual sponsorship of an 80 girl group plus a small number of children sponsored by individual donors has also remained in place. We also continue to pay one teacher and one school administrator salary.
Unfortunately the school had to close its doors to students in March 2020 due to the pandemic but students were able to continue their studies via remote learning. Obviously, the school closure has had a big financial impact. They have only been able to collect 40% of fees. The school has managed to retain its staff by issuing a 25% pay cut. Staff are very appreciative of this as many neighbouring schools have just shut down and the staff have lost their jobs. The school was only able to afford this and get through the current year due to Child Link’s financial support.
We were able to contribute funds towards the building of a new science block. Funding for these labs had been secured prior to the start of the pandemic. With the students away the work was able to progress quickly. These new labs are needed because the current labs are only suitable to teach up to year 10 standard. Now that the school teaches up to year 12 (A-level standard) bigger labs are needed. Next year the labs will be kitted out.
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Trustees' Report
Financial Review
Child Link has continued to focus on local fundraising in the Salisbury area this year. We have run general market stalls, artisan market stalls and rented stalls in indoor markets – for example Fisherton Warehouse in Salisbury. We would like to give special thanks to everyone who has supported Child Link throughout the year, without which what we have achieved would not have been possible.
Structure, Governance and Management
Governing Document
Memorandum and articles of association incorporated 24 February 2009 as amended by special resolution 22 September 2009.
Constitution
A company limited by guarantee.
Statement of Trustees' Responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and 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.
Declaration
The trustees declare that they have approved the trustees' report above.
Signed on behalf of the charity's trustees
.......................................................................
Diana Butchers, Chair
Date...............................................................
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Annual Report and Accounts
Independent Examiner's Report to the trustees of Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
I report to the trustees on my examination of the accounts of the above charity ("the Charity") for the year ended 4 April 2021 which are set out on pages 7 to 14.
Responsibilities and basis of report
As the Charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act").
I report in respect of my examination of the Charity's accounts carried out under section 145 of 2011 Act and in carrying out my examination, I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
.......................................................
Catherine Chapman
Accountant
ATT
45 East Street, Blandford Forum, Dorset, DT11 7DX
Date................................................
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Annual Report and Accounts
Statement of Financial Activities
Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
| For the year ended 4 April 2021 | |||||
|---|---|---|---|---|---|
| NOTES | UNRESTRICTED FUNDS |
RESTRICTED INCOME FUNDS |
2021 | 2020 | |
| Incoming resources | |||||
| Income and endowments | |||||
| Donations and legacies | 3 | 3,839 | 53,047 | 56,886 | 37,311 |
| Other trading activies | 3 | 8,375 | - | 8,375 | 9,868 |
| Investments | 3 | 2 | - | 2 | 2 |
| Total Income and endowments | 12,216 | 53,047 | 65,263 | 47,181 | |
| Sub Total | 12,216 | 53,047 | 65,263 | 47,181 | |
| Resources expended | |||||
| Expenditure | |||||
| Raising funds | 4 | 195 | - | 195 | 2,133 |
| Charitable activities | 4 | 4,521 | 61,997 | 66,518 | 42,069 |
| Total Expenditure | 4,717 | 61,997 | 66,714 | 44,202 | |
| Sub Total | (4,717) | (61,997) | (66,714) | (44,202) | |
| Net income (expenditure) before investment gains (losses) |
7,499 | (8,949) | (1,451) | 2,979 | |
| Transfers between funds | |||||
| Transfers | 9 | (8,949) | 8,949 | - | - |
| Net income (expenditure) | (1,451) | - | (1,451) | 2,979 | |
| NOTES | UNRESTRICTED FUNDS |
RESTRICTED INCOME FUNDS |
2021 | 2020 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 9 | 24,246 | - | 24,246 | 21,268 |
| Total funds carried forward | 9 | 22,795 | - | 22,795 | 24,246 |
The statement of financial activities includes all gains and losses recognised in the year. All of the charitable company's activities derive from continuing operations.
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Balance Sheet
Child-Link International Aid Foundation (A Company Limited by Guarantee) As at 4 April 2021
Registration number: 06828539
| NOTES | 4 APR 2021 | 4 APR 2020 | |
|---|---|---|---|
| Current assets | |||
| Debtors | 7 | 1,650 | 4,736 |
| Cash at bank and in hand | 22,848 | 20,317 | |
| Total Current assets | 24,497 | 25,053 | |
| Creditors: amounts falling due withinone year | |||
| Trade creditors | 8 | - | 26 |
| Accruals and deferred income | 8 | 1,702 | 780 |
| Total Creditors: amounts falling due within one year | 1,702 | 806 | |
| Net current assets (liabilities) | 22,795 | 24,246 | |
| Total assets less current liabilities | 22,795 | 24,246 | |
| Net Assets | 21,093 | 23,466 | |
| Funds of the charity | |||
| Funds | 9 | 22,795 | 24,246 |
| Total Funds of the charity | 22,795 | 24,246 |
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
Approval
Signed on behalf of all the trustees
.......................................................
Diana Butchers
Chair
Date...............................................
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Notes to the Financial Statements
Child-Link International Aid Foundation (A Company Limited by Guarantee) For the year ended 4 April 2021
1. Charity Status
The charity is a charitable company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute and amount not exceeding £nil towards the assets of the charity in the event of liquidation.
The charitable company is incorporated in England. It's registered office is 39a Moberly Road, Salisbury, Wiltshire, SP1 3BZ.
2. Accounting Policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recongised at cost or transaction value unless otherwise stated in the relevant notes to these accounts.
The accounts have been prepared in accordance with:
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the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014;
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the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102);
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the Companies Act 2006; and with
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the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
Income
Recognition of income
These are included in the Statement of Financial Activities (SoFA) when:
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the charity becomes entitled to the resources;
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it is more likely than not that the trustees will receive the resources; and
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the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102.
Grants and Donations
Grants and donations are only included in the SoFA when the general income recognition criteria are met.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.
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Notes to the Financial Statements
Support Costs
The charity has incurred expenditure on support costs.
Taxation
No Corporation Tax is provided for as the company, being a charity, is exempt. Due to its current activities the charity is not registered for VAT and therefore cannot recover VAT on its expenses.
Volunteer help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
Income from interest, royalties and dividends
This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.
Settlement of insurance claims
Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.
Expenditure and liabilities
Liability recognition
Liabilities are recognised where it is more than likely that not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
Governance and support costs
Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by time spent and other costs by their usage.
Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
Assets
Stocks and work in progress
Stocks held for sale as part of non-charitable trade are measured at lower of cost or net realisable value.
Debtors
Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement account after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
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Annual Report and Accounts
Notes to the Financial Statements
| UNRESTRICTED FUNDS |
RESTRICTED INCOME FUND |
2021 | 2020 | |
|---|---|---|---|---|
| 3. Analysis of income | ||||
| Donations and legacies | ||||
| Gift Aid | 3,839 | - | 3,839 | 3,887 |
| Sponsorships | - | 53,047 | 53,047 | 33,424 |
| Total Donations and legacies | 3,839 | 53,047 | 56,886 | 37,311 |
| Other trading activities | ||||
| Fundraising Sales | 2,475 | - | 2,475 | - |
| Income from Market Stalls | - | - | - | 1,952 |
| Income from Other Sales of Goods (Warehoure Etc.) | 5,677 | - | 5,677 | 7,296 |
| Fundraising Events | 224 | - | 224 | 621 |
| Total Other trading activities | 8,375 | - | 8,375 | 9,868 |
| Income from investments | ||||
| Interest income | 2 | - | 2 | 2 |
| Total Income from investments | 2 | - | 2 | 2 |
| Total Analysis of income | 12,216 | 53,047 | 65,263 | 47,181 |
All income in the prior year was unrestricted except for £33,424 for child support.
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Annual Report and Accounts
Notes to the Financial Statements
| UNRESTRICTED FUNDS |
RESTRICTED INCOME FUND |
2021 | 2020 | |
|---|---|---|---|---|
| 4. Analysis of expenditure | ||||
| Raising funds | ||||
| Fundraising events | 106 | - | 106 | 1,830 |
| Advertising and marketing | 89 | - | 89 | 303 |
| Total Raising funds | 195 | - | 195 | 2,133 |
| Charitable activities | ||||
| Gnana Deepam - Other grant | - | 2,235 | 2,235 | 500 |
| Gnana Deepam - Exceptional Support | - | 34,259 | 34,259 | 1,000 |
| Gnana Deepam - Chilldrens Education | - | 12,628 | 12,628 | 15,094 |
| Gnana Deepam - Science Project | - | 2,100 | 2,100 | 5,000 |
| Gnana Deepam - Maintence Fund | - | 3,000 | 3,000 | 6,000 |
| Nepal - Other Grants | - | 2,150 | 2,150 | 780 |
| Nepal - School Lunches & Busses | - | 5,625 | 5,625 | 8,125 |
| Suspense Account | - | - | - | 224 |
| Accountancy Fees | 786 | - | 786 | 783 |
| Professional Fees | 35 | - | 35 | 35 |
| Wages - Regular | 1,277 | - | 1,277 | 2,072 |
| Bank Charges | 715 | - | 715 | 467 |
| Computers & Software | 160 | - | 160 | - |
| Credit Card Machine Charges | 288 | - | 288 | 382 |
| Insurance | 717 | - | 717 | 712 |
| Web site | 146 | - | 146 | 87 |
| Office Stationery | 37 | - | 37 | 49 |
| Postage and Carriage | 102 | - | 102 | 163 |
| Printing | - | - | - | 198 |
| Sundry Expenses | 13 | - | 13 | - |
| Telephone and Fax | 246 | - | 246 | 398 |
| Total Charitable activities | 4,521 | 61,997 | 66,518 | 42,069 |
| Total Analysis of expenditure | 4,717 | 61,997 | 66,714 | 44,202 |
£4,717 (2020: £7,703) of the above expenditure was attributable to unrestricted funds and £61,997 (2020: £36,499) to restricted funds.
| UNRESTRICTED FUNDS |
RESTRICTED INCOME FUND |
2021 | 2020 | |
|---|---|---|---|---|
| 5. Details of certain items of expenditure | ||||
| Independent examiner's fees | 786 | - | 786 | 783 |
| Total Details of certain items of expenditure | 786 | - | 786 | 783 |
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Notes to the Financial Statements
----- Start of picture text -----
||||||
|---|---|---|---|---|
|UNRESTRICTED|RESTRICTED|
|2021|2020|
|FUNDS|INCOME FUND|
|Staff costsff costscosts|
|Salaries and wages|1,277|-|1,277|2,072|
|Total Staff costs|1,277|-|1,277|2,072|
----- End of picture text -----
6. Staff costsff costscosts
No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.
----- Start of picture text -----
||||
|---|---|---|
|Activity|2020|2019|
|Support|1|1|
|Total|1|1|
----- End of picture text -----
----- Start of picture text -----
||||||
|---|---|---|---|---|
|UNRESTRICTED|RESTRICTED|
|2021|2020|
|FUNDS|INCOME FUND|
|Analysisalysisiss|of debtorsf debtorsdebtorsrss|
|Trade debtors|-|-|-|-|
|Other debtors|-|-|-|-|
|-|-|-|-|
|Total Analysis of debtors|
|UNRESTRICTED|RESTRICTED|
|2021|2020|
|FUNDS|INCOME FUND|
|Analysisalysisiss|of creditorsf creditorscreditorsreditorseditorsitorstorsrss|
|Trade creditors|-|-|-|-|
|Accruals and deferred income|-|-|-|-|
|-|-|-|-|
|Total Analysis of creditors|
----- End of picture text -----
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8. Analysisalysisiss of creditorsf creditorscreditorsreditorseditorsitorstorsrss
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Annual Report and Accounts
Notes to the Financial Statements
9. Charity funds
| Balance at 5 | Income | Expenditure | Transfers | Gains and | Balance at 4 | |
|---|---|---|---|---|---|---|
| April 2019 | £ | £ | £ | losses | April 2020 | |
| £ | £ | £ | ||||
| Unrestricted | ||||||
| funds | ||||||
| General | 21,267 | 13,757 | (7,703) | (3,075) | - | 24,246 |
| Total | 21,267 | 13,757 | (7,703) | (3,075) | - | 24,246 |
| Restricted funds | ||||||
| Child Support | - | 33,424 | (36,499) | 3,075 | - | - |
| Total | - | 33,424 | (36,499) | 3,075 | - | - |
| Total funds | 21,267 | 47,181 | (44,202) | - | - | 24,246 |
| Balance at 5 | Income | Expenditure | Transfers | Gains and | Balance at 4 | |
| April 2018 | £ | £ | £ | losses | April 2019 | |
| £ | £ | £ | ||||
| Unrestricted | ||||||
| funds | ||||||
| General | 19,727 | 26,861 | (15,528) | (9,793) | - | 21,267 |
| Total | 19,727 | 26,861 | (15,528) | (9,793) | - | 21,267 |
| Restricted funds | ||||||
| Child Support | 4,597 | 32,225 | (46,615) | 9,793 | - | - |
| Total | 4,597 | 32,225 | (46,615) | 9,793 | - | - |
| Total funds | 24,324 | 59,086 | (62,143) | - | - | 21,267 |
10. Transactions with trustees and related parties
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
No trustee expenses have been incurred.
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Annual Report and Accounts