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← Barka UK

2021-07-31-accounts

REGISTERED COMPANY NUMBER: 06576958 (England and Wales) REGISTERED CHARITY NUMBER: 1132108

Report of the Trustees and Unaudited Financial Statements for the year ended 31[st] July 2021 for Barka UK

Barka UK

Contents of the Financial Statements for the year ended 31[st] July 2021

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 7

Barka UK

Report of the Trustees

for the year ended 31[st] July 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2015).

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06576958 (England and Wales) Registered Charity number 1132108

Registered office

39-41 North Road London N7 9DP

Trustees

B Cassidy Chairwoman E Sadowska Chief Executive B Sadowska L Wesierska

Company Secretary

E Sadowska

Independent examiner

EFREM KIDANE FCCA EKB Accountancy Services Ltd Chartered Certified Accountants and registered Auditors 39-41 North Road London, N7 9DP

-Page 1-

Barka UK

Report of the Trustees for the Year Ended 30 July 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

MANAGEMENT AND GOVERNANCE ARRANGEMENTS

Trustee are generally identified and proposed by exiting Trustees; their appointment being ratified by the Trustees at a management committee meeting. The Chairman is responsible for the induction of the new Trustees. Trustees meet monthly and all major financial and policy matters are discussed. The Trustees have assessed the major risks to which the charity is exposed and are satisfied that the systems are in place to mitigate those at risk. The day today administration and management of the charity is delegated to Ms. Ewa Sadowska.

RISK MANAGENMENT

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

OBJECTIVES AND ACTIVITIES Objectives and aims

The principal activities of the company during the year were as follows

a) to alleviate hardship among Polish and other East European immigrant and assist them to settle in the UK and

b) to assist immigrants, who faced socio economic hardship and who want to return to their country, by providing transport and subsistence and

c) to provide rehabilitation programme in Poland for those who have alcohol and drug addiction problems.

ACHIEVEMENT AND PERFORMANCE

During the year Barka UK was working with Polish government in partnership with other funders, local councils, outreach teams, day centres and Eastern European Consulates. During the year Barka UK employed one administration employee, two client's support workers and three outreach employees.

FINANCIAL REVIEW

The Gross incoming resources of the charity for the year ended 31st July 2021 amounted to £135,036, (2020 - £77,845), this includes donations amounting to £3,006, (2020-£4,838). The total resources expended during the year was £117,640, (2020- £87,355). The surplus during the year was £17,396, (2020- expenditure excess over income was £9,510).

RESERVE POLICY

It is the policy of the trustees that the reserves of the charity should be held in as current assets in order to meet the future requirements of its projects.

ON BEHALF OF THE BOARD :

E Sadowska - Trustee

29[th] of May 2022

-Page 2-

Independent Examiner's Report to the Trustees of Barka UK

Independent examiner's report to the trustees of Barka UK ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st] July 2021.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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 Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts 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 accounts 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.

EKB Accountancy Services Ltd Certified Accountants 39-41 North Road London N7 9DP

Date: 29/5/2022

-Page 3-

Barka UK

Statement of Financial Activities for the Year Ended 31[st] July 2021

31.7.2021

Unrestricted
Restricted
Total
funds
funds
funds
Notes
£
£
£
INCOMING RESOURCES
Incoming resources from generated funds
Funds received
6
3,006
132,030
135,036
RESOURCES EXPENDED
Governance costs
1,139
22,821
23,960
Direct charitable expenditure
0
93,680
93,680
Total resources expended 6
1,139
116,501
117,640
NET INCOMING/(OUTGOING)
RESOURCES
1,867
15,529
17,396
RECONCILIATION OF F0UNDS
Total funds brought forward
300
368
668
TOTAL FUNDS CARRIED FORWARD
2,167
15,897
**18,064 **		 31.7.2020
Total
funds
£
77,845
15,922
71,433
87,355
__
(9,510)
10,178
668

-Page 4-

Barka UK

Balance Sheet
At 31 July 2021
31.7.2021 31.7.2020
Notes £ £
CURRENT ASSETS
Debtors 3 10,185 0
Cash at bank and in hand 133,469 10,119
143,654 10,119
CREDITORS
Amounts falling due within one year 4 (125,590) (9,451)
NET CURRENT ASSETS **18,064 ** 668
TOTAL ASSETS LESS CURRENT
LIABILITIES 18,064 668
NET ASSETS **18,064 ** 668
FUNDS
Unrestricted funds 2,167 300
Restricted funds 15,897 368
TOTAL FUNDS 18,064 668

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.

In accordance with Section 444 of the companies Act 2006, the income statement has not been delivered.

The financial statements were approved by the Board of Trustees and authorised for issue on 29[th] May 2022 and were signed on its behalf by:

E Sadowska –Trustee

-Page 5-

Barka UK

Notes to the Financial Statements for the Period Ended 31[st] July 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the 8historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. TRUSTEES' REMUNERATION AND BENEFITS

Trustees' remuneration or other benefits for the year ended 31[st] July 2021- £17,602, (2020- £10,320).

There average number of employees during the year was 5 (2020-4).

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2021 nor for the year ended 31 July 2020.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.2021 31.7.2020
£ £
Funds receivable 3,375 0
Sundry debtors 6,810
10,185 0

-Page 6-

Barka UK

Notes to the Financial Statements - continued for the Year Ended 31[st] July 2021

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.2021 31.7.2020
£ £
Funds Received in advance 125,427 8,500
Taxation and social security 809
Other creditors 163 142
125,590 9,451
===== =====
MOVEMENT IN FUNDS
Net
movement in
At 1.8.2020 funds At 31.7.2021
£ £ £
Unrestricted funds
Donations 300 1,867 2,167
300 1,867 2,167
Restricted funds
Reykjavik City Council (861) 961 100
Red Bridge Council 1,229 4,148
5,377
Milton Keynes Council 0 10,420’ 10,420
368 15,529 15,897
TOTAL FUNDS 668 17,396 **18,064 **
Net movement in funds, included in the above are as follows:
Incoming Resources
 Movement in
resources expended funds
£ £ £
Unrestricted funds
Donations 3,006 (1,139) 1,867
3,006 (1,139) 1,867
Restricted funds
Reykjavik City Council 19,941 (18,980) 961
Red Bridge Council 49,375 (45,227) 4,148
Milton Keynes Council 62,714
(52,294)		 10,420
132,030 (116,501) 15,529
TOTAL FUNDS 135,036 (117,640) 17,396

5. MOVEMENT IN FUNDS

-Page 7-