# **Independent examiner's report on the accounts** 

## **Section A                        Independent Examiner’s Report** 

**Report to the** Charity Name Fast 58 **trustees/directors/ members of On accounts for the year** 31[st] March 2022 **ended Charity no.:** 1137716 Company no.: **Set out on pages** 1 to 4 (remember  to include the page numbers of additional sheets) 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31/03/2022 **Responsibilities and** The charity’s trustees of the Company are responsible for the preparation of **basis of report** 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 for this year 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. 

I have completed my examination. I confirm that no material matters have **Independent** come to my attention (other than that disclosed below *) which gives me **examiner's statement** cause to believe that: 

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. 

* _Please delete the words in the brackets if they do not apply._ 

**Date:** 30.1.2023 **Signed: Name:** I R Newman **Relevant professional** Fellow Member Association of Accounting Technicians **qualification(s) or body (if any): Address:** 40 Grove Park Road 

1 

**October 2018** 

**IER** 



London SE9 4QA 

## **Section B                           Disclosure** 

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 

**Give here brief details of any items that the examiner wishes to disclose** . 

2 

**October 2018** 

**IER** 



## **FAST 58** 

Trustees’ Report on Activities and Financial Statements 

For the year ended 31 March 2022 

## **Finances** 

For the year ending 31 March 2022, Fast58’s income was £48,262.71 and expenditure was £41,557.51. 

In addition to general donations, Fast58 received the following grants and awards: 

- Southwark Council grants to run Community services (e.g. food and fun events for children and families) received as follows: 

May 2021 - £640 July 2021 - £6,144 October 2021 - £1,536 December 2021 - £4,032 December 2021 - £500 December 2021 - £300 January 2022 - £1,008 February 2022 - £200 March 2022 - £2,838 

- London Bridge: £2,400 (December 2021) 

- Fairbay Charitable Trust: £5,000 (February 2022) 

Fast58’s assets comprise cash at bank; stock (food and kitchen materials) and cooking equipment(of zero net realisable). 

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## **Statement of Financial Activities for the year ended 31st March 2022** 

||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
||funds||funds|funds|funds|
||2022||2022|2022|2021|
||£||£|£|£|
|Income from:||||||
|Donations|16,384||-|16,384|29,060|
|Grants and awards|-||24,598|24,598|19,202|
||_______||_______|_______|_______|
|Total income|16,384||24,598|40,982|48,262|
|Expenditure on:||||||
|Charitable activities|14,885||24,598|39,483|41,557|
||_______||_______|_______|_______|
|Total expenditure|14,885||24,598|39,483|41,557|
|Net movement in funds|1,500||-|1,500|6,705|
|Reconciliation of funds:||||||
|Total funds brought forward|7,214||0|7,214|509|
|Net movement in funds|1,500||0|1,500|6,705|
||_______||_______|_______|_______|
|Total funds carried forward|8,714||0|8,714|7,214|
||_______||_______|_______|_______|
||**Balance Sheet at**|**31st**|**March 2022**|||
||2022||2022|2021|2021|
||£||£|£|£|
|Fixed assets|||-||-|
|Current assets||||||
|Cash at bank|8,714|||7,214||
|Creditors|-|||-||
|Net current assets|||8,714||7,214|
|Net assets|||8,714||7,214|
|Charity funds||||||
|Restricted funds|||-||-|
|Unrestricted funds|||8,714||7,214|
||||_____||_____|
|Total funds|||8,714||7,214|
|Signed …………………………||Signed ……………………..||||
|Michael Davey K.C. Chairman||Professor Tony Ng,||Treasurer||
|Dated 30 January 2023||||||



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