REGISTERED CHARITY NUMBER: 1180906
BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER)
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| 1. Reference and Administrative Detail | Page 1 |
|---|---|
| 2. Statement of Trustees Responsibilities | Page 2 |
| 3. Statement of Financial Activities | Page 3 |
| 4. . Balance Sheet | Page 4-5 |
| 5. Notes to the accounts | Page 6 |
BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) REFERENCE AND ADMINISTRATIVE DETAIL FOR THE YEAR ENDED 31 DECEMBER 2022
1. REFERENCE AND ADMINISTRATIVE DETAIL
Charity Incorporated Orgnaisation Number (CIO) 1180906, Registered Charity Number: 1180906
Registered office
Whitecroft Tandridge Lane Lingfield Surrey RH7 6LL
Trustees
The names of the current Trustees are:
Janet Williams - Chair Appointed 29[th] November 2018 Ross Wadey Appointed 29[th] November 2018 Carl Barrett Appointed 29[th] November 2018 Angela Schroeder – Vice Chair Appointed 29[th] November 2018 Rachel Morris Appointed 22[th] November 2018 Chris Linnitt Appointed 22[th] November 2018 Ken Black Appointed 20th March 2021
Auditors
Baxter & Co Chartered Certified Accountants, Lynwood House, Crofton Road, Orpington BR6 8QE
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BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
2. STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Charity Commission requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable organisation and of the incoming resources and application of resources, including the income and expenditure, of the charitable organisation for that year end 31 December 2022. In preparing these financial statements, the Trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgements 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;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charity Commission Act. 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.
In so far as the Trustees are aware:
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There is no relevant information of which the charity’s external examination is unaware;
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and
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The Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the external examiner is not aware of that information.
Approved by order of the board of Trustees on
and signed on its behalf by
………………………………………………………
Janet Williams – Trustee Chairperson
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BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION
(LIMBPOWER)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2022
3. STATEMENT OF FINANCIAL ACTIVITY
| 3. STATEMENT OF FINANCIAL ACTIVITY | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Year Ended |
Year Ended | ||||||||
| 2022 | 2021 | ||||||||
| Unrestricted | Designated | Restricted | Total | Total | |||||
| funds | Funds | funds | funds | funds | |||||
| Notes | £ | £ | £ | £ | £ | ||||
| INCOME AND ENDOWMENTS FROM | |||||||||
| Activities for generating funds | - | - | - | - | - |
||||
| Total | - | - | - | - | - |
||||
| EXPENDITURE ON | |||||||||
| Costs of generating | - | - | - | - | - | ||||
| Total | - | - | - | - | - | ||||
| NET INCOME/(EXPENDITURE) | - | - | - | - | - | ||||
| RECONCILIATION OF FUNDS | |||||||||
| Total funds brought forward | - | - | - | - | - | ||||
| Total funds carried forward | - | - | - | - | - |
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BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) BALANCE SHEET AS AT 31 DECEMBER 2022
4. BALANCE SHEET
| 4. BALANCE SHEET | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets - - CURRENT ASSETS Debtors - Cash at bank - CREDITORS Amounts falling due within one year - NET CURRENT ASSETS - TOTAL ASSETS LESS CURRENT LIABILITIES -- NET ASSETS - FUNDS Unrestricted funds: General fund Designated fund Restricted funds: TOTAL FUNDS |
Designated funds £ - - - - - - - - - |
Year Restricted funds £ - - - - - - - - - |
Ended 2022 Total funds £ - - - - - - - - - - - - - - |
Year Ended 2021 Total funds £ - - - - - - - - - - - - - - |
||||
| - - - - - - - - |
||||||||
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BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) BALANCE SHEET AS AT 31 DECEMBER 2022
The Trustees acknowledge their responsibilities for
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(a) Ensuring that the charitable organisation keeps accounting records that comply with charity commission standard;
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(b) Preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of each financial year and of its surplus or deficit for each financial.
The financial statements were approved by the Board of Trustees on signed on its behalf by:
July 2023 and were
............................................. Janet Williams - Trustee Chairperson
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BRITISH AMBULANT DISABLED SPORTS AND ARTS FOUNDATION (LIMBPOWER) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
5. NOTES TO THE ACCOUNTS 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 historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The Trustees continue to review fund raising activities and the cost structure of the Charity. The use of the going concern basis of accounting is considered appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
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.
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