## ## ## ## |Company
Information| |---| |Trustee's Report| |Statement of Financial Activities| |Balance Sheet| |Notes tothe Accounts| |||Serendip Children's
Home|Serendip Children's
Home| |---|---|---|---| |||Company
Information|| |||ForThe Year Ended 31March|2023| |Trustees||Mr Peter Carroll|| |||Mrs Trisha T Williamson|| |||Mr Niresh Rajah|| |||Mrs Vanathy
Niranjan|| |||Dr Edwin Selvaratnam|| |Secretary||Dr Edwin Selvaratnam|| |Company|Number|6995954|| |Charity Number||1133461|| |Registered|ONce|Serendip Children's|Home| |||34 Brightling
Road|| |||Brockley|| |||London|| |||SE4 1SQ|| |Accountants||KSTAccountants|| |||4 Locke Avenue|| |||Leicester|| |||LE4 7RZ|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## |e
~
~
~||4||~||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||0Z|||||| ||||||8||Restricted|||| |Recommended
categories|||by activity||tg|Unrestricted
fut1ds|Income
funds|Endowment
funds|Total funds|Prior year
funds| ||||||||||E|| |Income (Note 3)||||||F01|F02|F03|F04|F05| |income and endowments||from:||||||||| |Donations
and legacies|||||S01|57,660|||57,660|34,218| |Charitable
activities|||||S02|9,000|||9,000|5,843| |Other trading activities|||||S03|295|||295|| |Charities Trust|||||S04|25,473|||25,473|30,109| |Money box collection||||||8,409|||8,409|50,267| |Giftaid|||||so6|15289|||15,289|1,028| |sponsorship|||||so6|20,029|||20,029|2,169| |Total|||||so7|136,155|||136,155|123,634| |Expenditure
(Notes 6)||||||||||| |Expenditure
on:||||||||||| |Raising funds|||||s08|2,219|||2,219|1,354| |Charitable
activities|||||sog|110,693|||110,693|74,797| |Separate material expense|item||||S10|||||| |Other|||||s11|2715|||2,715|1,065| |Total|||||s12|115,627|||115,627|77,216| |Net income/(expenditure)||||before tax for||||||| |the reporting
period|||||S13|20,528|||20,528|46,418| |Tax payable|||||S14|||||| |Net income/(expenditure)|||after tax|||||||| |before investment|gains/(losses)||||S15|20,528|||20,528|46,418| |Net gains/(tosses)
on||||||||||| |investments|||||S16|||||| |Net income/(expenditure)|||||Stj|20528|||20,528|46,418| |Extraordinary
items|||||S18|||||| |Transfers
bettNfeen|funds||||S19|||||| |Other recognised|gains/(losses):|||||||||| |Gains and losses on revaluation||offixed||assets for the||||||| |charity's
own use|||||S20|||||| |Other gains/(losses)|||||S21|||||| |Net movementin
funds|||||s22|20 528|||20,528|46,418| |Reconciliation of||||||||||| |funds:||||||||||| |Total funds brought
forward|||||S23|||||| |Total funds carried|forward||||s24|20,528|||20,528|46,418| ||Charity|Name||Charily No
Company
No||| |---|---|---|---|---|---|---| |~
s||||||| ||||Restricted|||| |||Unrestricted|Income|Endowment|Total this|Total last| |Fixed assets
intangible assets
Tangible assets
(Note 15)
(Note 14)|801
802|funds
E
F01|funds
F02|funds
K
F03|year
f
F04|year
K
F05| |Heritage assets
(Note 18)|802|||||| |Investments
(Note 17)|804|||||| |Total fixed assets|805|||||| |Current assets||||||| |Stocks
(Note 18)|809|||||| |Debtors
(Note 19)|Bm|||||| |Investments
(Note 17.4)
Cash at bank and in hand
(Note 24)
Total current assets|809
809
810|||||97,160
97,160| |Creditors: amounts
falling due within||||||| |one year
(Note 20)|811|||||| |Net current assetsl(liabiVVes)|812|||||97,160| |Total assets less current liabilities|812|||||97,160| |CreditoW: amounts
falling due after||||||| |one year
(Note 20)|814|||||| |Provisions for liabilities|815|||||| |Total net assets orliabilities
Funds ofthe Charity|819|85,187|32,500||117,687|g7,160| |Endowment
funds (Note 27)|817|||||| |Restricted income funds (Note 27)|818||32,500||32,500|| |Unrestricted
funds|819|85,187|||85,187|| |Revaluation
reserve|820|||||| |Fair value reserve|821|||||| |Total funds|822|||||97,160| ## ## ## |NOte 2||||Accounting
policies|||| |---|---|---|---|---|---|---|---| |2.2 INCOME|||||||| |Rscounltlon||ofIncome||These are included
in the Statement
of Financial Activities (SoFA) when:|||| |||||~
the charily becomes entitled to the resources;
~
lt is more likely than not that the trustees
wig receive the resources',|y si|No'|N/a'| |||||~
the monetary
value can be measured
with sufficient
reliability.|||| |Offsetting||||There has been no olfsetting ofassets and Ilabfilties, or income and
expenses, unless required
or permitted
by the FRS 102SORp or FRS 102.|Yes'|No'|N/s| |||||Grants and donations are only indudsd
in the SoFA when the general|Yes'|No'|N/s'| |||||Income recognitlon
criteria srs met (5.10to 6.12 FRS102SORP).|||| |||||In the case of performance
related gents, income must only be recognised
to the extent that the charity has provided
the specified goods orservices as|Yes'|No'|N/a'| |||||entifiemsnt
to the grant only occurs when the performance
related conditions|||| |||||are mst (5.18FRS 102SORP).|||| |||||Legacies are included
In the SOFA when receipt is probable,
that is, when|||| |Legacies||||there has been grant of probate, the executors have established
that there
are sufficient assets in the estate and any conditions attached tothe legacy|Yes'|No'|N/a| |||||are either within the control ofthe charity or have been met.|||| ||||||Yes'|No'|N/a'| |Government||grants||The charity has received government
grants
in the rsporiing
period|||| |Tax reclaims|||on|Gift Aid receivable is included
In income when there is a vafid deciarafion
from the donor.
Any Gilt Aid amount recovered on a donation
is considered|Yes'|No'|N/a'| |donations|and gifts|||to be part of that gift and is treated as an addition to the same fund as the|||| |||||initial donafion
unless the donor orthe terms ofthe appeal have specified|||| |Contractual||Income snd||This is only included
in the SoFAonce the charity has provided the related|Yes'|No'|N/a| |performance|||related|goods or services or met the performance
related conditions.|||| |grants|||||||| ||||||Yes|No|N/a'| |Donated|goods|||Donated goods are measured
at fair value (the amount for which the asset
could be exchanged)
unless impractical
to do so.|||| |||||The cost of any stock ofgoods donated for distribution
to beneficiaries
is
deemed
to be the fair value ofthose gifts atthe time oftheir receipt and they|Yes'|No'|N/a'| |||||are recognised
on receipt
In the reporting
period in which the stocks are|||| |||||distributed,
they are recognised as an expense at the carrying
amount ofthe|||| |||||which is the expected proceeds from sale less the expected costs ofsale,|||| |||||and recognised
in 'Income from other trading
activities' with the
corresponding
stock recognised
in the balance sheet.
On its sale the value|Yes|No|N/a| |||||ofstock is charged against 'Income from other trading
activiTies' and ths|||| |||||proceeds from sale are also recognised as 'Income from other trading|||| |||||activifiss'.|||| |||||Goods donated
for ongoing
use by the charity are recognised as tangible|Yes'|No|N/a'| |||||fixed assets snd included
in the SoFA as Incoming resources when|||| |||||receivable.|||| |||||Gifts in kind foruse by the charity are included
In the SoFAas income from|Yes'|No'|N/a'| |||||donations
when receivable.|||| |Donated
facllitlss|services and|||Donated services and facilities are included
in the SOFA when received at
the value ofthe gift to the charity provided
the value ofthe giftcan be
measured
reliably.|Yes'|No'|N/s'| |||||Donated services and facllitlss that are consumed
immediately
are|Yes'|No'|N/s'| |||||recognised as income with an equivalent
amount recognised as an expense|||| |||||under the appropriate
heading
in ths SOFA.|||| ||||||Yes'|No'|N/a"| |Support costs||||The charity has incurred
expenditure
on support costs.|||| |Volunteer|help|||The value ofany voluntary
help received
ls not included
in the accounts but
is described
in the trustees'
annual
report.|Yes'|No'|N/a'| |Income from||Interest,||This is Included
In the accounts when receipt is probable and the amount|Yes'|No"|N/a'| |roysiges and||dividends||receivable can be measured
reliably.|||| |Income from||membership||Meinbershlp
subscripfions
received
In the nature ofs gift are recognised
In|Yes'|No|N/a'| |~|~|.|~|||~|~|.|~|||.|~|~|||||||||||||||IaBSI~~MK%%IRlBB&3
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~||||||||||||~|||~|| ||||||||||||||||||||||~||||||||| |||||||||~||~ ~|||~||-||||||||||||||| ||||||||||||||||||~||~ ~||||||||||| |||||||||||||||||~||~|||~||||||||| |||||~|~|~|~L||~|~|||||||||||||||||||| ||||||||||||||||||||||||||||||~IXKI
~mmmaggtas| Se¢tion C Notes to the accounls ¢ont Mot• 6 Expondlturo ThIF y•ar L•#t￿&r Analy¥l8 ondStur• on raisln fund*: Incurred seaking defiots"on$ Incuntd ¥eeking tegaei In¢urred seèking grants Operating memtership and s￿la1 lotleries Staging fundraising ￿ents Fw3raising agents Qperatirg charity shops OpErabng a tr8din9 cornpany undertakin9 Advertisiro. rnark•ting, direct mail and Total lurnl• lub fvnd Totsiiund¥ 2.219 2.219 Start UP Costs incuTTed in generating r source of future incLYne Dalabase developrnoni costs Other trading activiti8$ Investment management Msts.. Porttolio rnan&3ement costs C051 of ¢)btaining inv•strnent alvica Inveslment ad￿￿TriStration Costs Intelleciual property I1￿￿ng co$ts Rent ¢olk¢tion. property r8paws and maint•nanc• cha Totsl expondliur• on ral•ing funds EXpendI￿re on eharltable acll¥ltl••: 2.219 110,893 110.693 74.797 74 797 T¢tsi •xp•ndilur• on ¢harltabl• a¢llvili 110.693 t• materfal il•m of •x Totsi Oth•r 2.715 2.715 1.065 Totsl Othgr expendlbJr• TOTAL EXPENDITURE 115.627 11S.627 1,065 77,218 77.216 CC178 (Exrtfj 0710Va023 |Analysis of|Analysis of|expenditure|expenditure|on|charitable activities|charitable activities|charitable activities|charitable activities|||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||This|ear||||Last|ear|| ||Activity||or programme||||Activities
undertaken
dlrectl||Grant
fundIng of
activities||Support
Costs|Total this
year|Activities
undertaken
dlrectl|Grant
funding
of
activities||Support
Costs|Total last
year| |Activi|1||||||||||||||||| |Activi|2||||||||||||||||| |Other|||||||||||||||||| |Total|||||||||||||||||| |This year. Where sums originally||||||denominated|in foreign currency have||||||||||| |been|Included|In expenditure,|||explain the basis||on which those|||sums|||||||| |have|been trans/ated||Into|sterling||(orthe currency||In which|the||||||||| |accounts are||drawn|up).|||||||||||||||