**Charity number: 1139748 Company number: 07405376**
## **Mount Hanna Ltd**
**(A company limited by guarantee)**
**Trustees' report and financial statements**
**for the year ended 31st October 2021**
**Mount Hanna Ltd (A company limited by guarantee)**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees' report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6 - 7**|
|Notes to the financial statements|**8 - 12**|
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Legal and administrative information**
|**Charity number**|1139748|
|---|---|
|**Company registration number**|07405376|
|**Registered office**|Bertie Road Resource|
||Centre Bertie Road|
||Willesden|
||London NW10 2LH|
|**Trustees**|L Patterson|
||J Patterson|
||L Blackbeard|
|**Accountants**|Howard Frank Limited|
||Unicorn House|
||Station Close|
||Potters Bar|
||Hertfordshire EN6 1TL|
**Page 1**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st October 2021**
The trustees present their report and the financial statements for the year ended 31st October 2021. The trustees, who are also directors of Mount Hanna Ltd for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
## **Structure, governance and management**
The charity is also a company limited by guarantee. The date of incorporation was 13th August 2010.
The charity is governed by its trustees (listed on page 1). The trustees meet regularly to manage the activities of the charity.
## **Objectives and activities**
The advancement of nursery and primary education in Hanover, Jamaica, Kenya and North West London, in particular burt not exclusively, by supporting families and to provide educational support to the underprivileged in Hanover, Jamaica (in particular), Mount Hanna School, Kenya and North West London.
Other charitable purposes beneicial to the community in the above stated locations.
## **Achievements and performance**
The Centre (Bertie Road) continues to provide a free book and toy library scheme twice monthly on Saturdays.
The charity continued to support various families who were most in need with free (or discounted) child care places. It also continued to operate a Sunday school once a month during most of the year.
The charity is now part of Etwinning Project, working in partnership with the British Council and Erasmus Class. This involves working in partnership with nurseries and teachers across Europe in relation to sharing techniques for educational advancements and support.
## **Financial review**
The trustees continually monitor the charity's financial position. The results and financial position are in line with the trustees' expectations.
**Page 2**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31st October 2021**
## **Statement of trustees' responsibilities**
The trustees (who are also directors of Mount Hanna Ltd for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law 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 company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which 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.
## **Small company provisions**
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
On behalf of the board
## **.................................**
## **L Patterson Director**
25th July 2022
**Page 3**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Independent examiner's report to the trustees on the unaudited financial statements of Mount Hanna Ltd.**
I report on the accounts of Mount Hanna Ltd for the year ended 31st October 2021 set out on pages 2 to 12.
## **Respective responsibilities of trustees and independent examiner**
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements 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 the charity's accounts as carried out under section 145 of the Charities Act 2001 ('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.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **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 on the charity as required by section 386 of the 2006 Act; or to keep proper accounting records in accordance with section 386 of the Companies Act 2006; and
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the financial statements 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
**........................................................... Jason Bennett FCA Independent examiner**
2nd Floor Unicorn House Station Close Potters Bar Hertfordshire EN6 1TL
25th July 2022
**Page 4**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Statement of financial activities (incorporating the income and expenditure account)**
## **For the year ended 31st October 2021**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
29,165
**Total incoming resources**
29,165
**Resources expended**
Costs of generating funds:
Cost of generating voluntary income
3
13
Fundraising trading:
cost of goods sold and other costs
4
1,058
Governance costs
5
28,139
**Total resources expended**
29,210
**Net incoming/(outgoing) resources for the year /**
**Net income/(expenditure) for the year**
)
(45
Total funds brought forward
)
(11,808
**Total funds carried forward**
)
(11,853|**2021**
**Total**
**£**
29,165
29,165
13
1,058
28,139
29,210
)
(45
)
(11,808
)
(11,853|**2020**
**Total**
**£**
15,370
15,370
18
-
21,595
21,613
)
(6,243
)
(5,565
)
(11,808|
|---|---|---|
**The notes on pages 8 to 12 form an integral part of these financial statements.**
**Page 5**
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Balance sheet**
## **as at 31st October 2021**
|**Notes**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
12
**Net current liabilities**
**Deficiency of assets**
**Funds**
13
Unrestricted income funds
**Total funds**|**2021**
**£**
**£**
39
-
293
293
)
(12,185
)
(11,892
)
(11,853
)
(11,853
)
(11,853|**2020**
**£**
**£**
52
3,662
54
3,716
)
(15,576
)
(11,860
)
(11,808
)
(11,808
)
(11,808|
|---|---|---|
The Balance Sheet continues on the following page.
**The notes on pages 8 to 12 form an integral part of these financial statements.**
**Page 6**
**Mount Hanna Ltd (A company limited by guarantee)**
## **Balance sheet (continued)**
## **Trustees statements required by the Companies Act 2006 for the year ended 31st October 2021**
In approving these financial statements as trustees of the company we hereby confirm:
(a) that for the year stated above the company was entitled to the exemption conferred by section 477 of the Companies Act 2006 ;
(b) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for the year ended 31st October 2021.
(c) that we acknowledge our responsibilities for:
(1) ensuring that the company keeps proper accounting records which comply with section 386 of the Companies Act 2006, and
(2) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year then ended in accordance with the requirements of sections 394 and 395, and which otherwise comply with the provisions of the Companies Act relating to financial statements, so far as applicable to the company.
These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the board on 25th July 2022 and signed on its behalf by
## **.................................**
## **L Patterson Director**
**The notes on pages 8 to 12 form an integral part of these financial statements.**
**Page 7**
**Mount Hanna Ltd (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31st October 2021**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Statement of compliance**
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Companies Act 2006.
## **1.2. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
## **1.3. Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
## **1.4. Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
- Fixtures, fittings and equipment 25% on a reducing-balance basis
**Page 8**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Notes to financial statements for the year ended 31st October 2021**
|**2.**
**Voluntary income**
**Unrestricted**
**funds**
**£**
Other voluntary income activity
29,165
29,165
**3.**
**Cost of generating voluntary income**
**Unrestricted**
**funds**
**£**
Support costs
13
13
**4.**
**Fundraising trading**
**Unrestricted**
**funds**
**£**
Fundraising activity
1,058
1,058
**5.**
**Governance costs**
**Unrestricted**
**funds**
**£**
Professional - Accountancy fees
2,112
Rent
21,950
Rates & water
386
Light & heat
1,976
Repairs & maintenance
-
Office expenses
482
Sundry expenses
1,233
28,139|**2021**
**Total**
**£**
29,165
29,165
**2021**
**Total**
**£**
13
13
**2021**
**Total**
**£**
1,058
1,058
**2021**
**Total**
**£**
2,112
21,950
386
1,976
-
482
1,233
28,139|**2020**
**Total**
**£**
15,370|
|---|---|---|
|||15,370|
|||**2020**
**Total**
**£**
18|
|||18|
|||**2020**
**Total**
**£**
-|
|||-|
|||**2020**
**Total**
**£**
1,056
17,000
411
931
193
490
1,514|
|||21,595|
**Page 9**
## **Mount Hanna Ltd**
## **(A company limited by guarantee)**
## **Notes to financial statements for the year ended 31st October 2021**
## **6. Analysis of support costs**
|**Cost of**
**generating**
**voluntary Governance**
**income**
**costs**
**£**
**£**
Rent
-
21,950
Rates and water
-
386
Light and heat
-
1,976
Repairs and maintenance
-
-
Other office expenses
-
482
Amortisation and impairment
13
-
Other
-
1,233
13
26,027|**2021**
**Total**
**£**
21,950
386
1,976
-
482
13
1,233
26,040|**2020**
**Total**
**£**
17,000
411
931
193
490
18
1,514|
|---|---|---|
|||20,557|
## **7. Net outgoing resources for the year**
|**Net outgoing resources for the year**|||
|---|---|---|
||**2021**|**2020**|
||**£**|**£**|
|Net outgoing resources is stated after charging:|||
|Depreciation and other amounts written off tangible fixed assets|13|18|
## **8. Employees**
## **Employment costs**
No salaries or wages have been paid to employees, including the trustees, during the year.
## **Number of employees**
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
|full time equivalents, was as follows:|||
|---|---|---|
||**2021**|**2020**|
||**Number**|**Number**|
|Part time|3|3|
## **9. Taxation**
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
**Page 10**
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31st October 2021**
|**Fixtures,**
**10.**
**Tangible fixed assets**
**fittings and**
**equipment**
**£**
**Cost**
At 1st November 2020 and
At 31st October 2021
581
**Depreciation**
At 1st November 2020
529
Charge for the year
13
At 31st October 2021
542
**Net book values**
At 31st October 2021
39
At 31st October 2020
52
**11.**
**Debtors**
**2021**
**£**
Trade debtors
-
**12.**
**Creditors: amounts falling due**
**within one year**
**2021**
**£**
Trade creditors
5,404
Trustees' current accounts
5,005
Accruals and deferred income
1,776
12,185|**Total**
**£**
581|
|---|---|
||529
13|
||542|
||39|
||52|
||**2020**
**£**
3,662
**2020**
**£**
9,654
4,146
1,776|
||15,576|
**Page 11**
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31st October 2021**
## **13. Analysis of net assets between funds**
|**13.**|**Analysis of net assets between funds**||||||
|---|---|---|---|---|---|---|
||||||**Unrestricted**|**Total**|
||||||**funds**|**funds**|
||||||**£**|**£**|
||Fund balances at 31st October 2021 as represented by:||||||
||Tangible fixed assets||||39|39|
||Current assets||||293|293|
||Current liabilities||||12,185|12,185|
||||||12,517|12,517|
|**14.**|**Unrestricted funds**|**At**||||**At**|
|||**1 November**||**Incoming**|**Outgoing**|**1 November**|
|||**2020**||**resources**|**resources**|**2021**|
|||**£**||**£**|**£**|**£**|
||Description for Unrestricted Fund 1|(11,808|)|29,165|)
(29,210|)
(11,853|
## **15. Company limited by guarantee**
Mount Hanna Ltd is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Statement of compliance**
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', the Statement of Recomended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
**Page 12**
**Mount Hanna Ltd**
**(A company limited by guarantee)**
**The following pages do not form part of the statutory accounts.**
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Detailed statement of financial activities**
## **For the year ended 31st October 2021**
|**Incoming resources**
**Incoming resources from generating funds:**
_Voluntary income_
Other voluntary income activity
**Total incoming resources from generating funds**
**Total incoming resources**
**Resources expended**
**Costs of generating funds:**
_Support costs_
Support - Amortisation & impairment
**Total cost of generating voluntary income**
**Fundraising trading:**
**cost of goods sold and other costs**
_Fundraising activity_
Activity 8 - Opening stock
**Total fundraising trading**
**cost of goods sold and other costs**
**Total costs of generating funds**|**2021**
**£**
**£**
29,165
29,165
29,165
29,165
13
13
13
1,058
1,058
1,058
1,071|**2020**
**£**
**£**
15,370
15,370
15,370
15,370
18
18
18
-
-
-
18|**2020**
**£**
**£**
15,370
15,370
15,370
15,370
18
18
18
-
-
-
18|
|---|---|---|---|
||||15,370|
||||15,370|
||||15,370|
||||18|
||||18|
||||-|
||||-|
||||18|
**Page 14**
## **Mount Hanna Ltd (A company limited by guarantee)**
## **Detailed statement of financial activities**
## **For the year ended 31st October 2021**
|**Charitable activities**
**Governance costs**
_Activities undertaken directly_
Professional - Accountancy fees
_Support costs_
Rent
Rates & water
Light & heat
Repairs & maintenance
Office expenses
Sundry expenses
**Total governance costs**
**Net incoming/(outgoing) resources for the year**|**2021**
**£**
2,112
2,112
21,950
386
1,976
-
482
1,233
26,027
28,139
)
(45|**2020**
**£**
1,056
1,056
17,000
411
931
193
490
1,514
20,539
21,595
)
(6,243|
|---|---|---|
**Page 15**