REGISTERED COMPANY NUMBER: REGISTERED CHARITY NUMBER: 1140248
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
FOR ALALA
X5 Chartered Accountants
2 Upperton Gardens Eastbourne East Sussex BN21 2AH
ALALA
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
ALALA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
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 December 2020. 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 2019).
OBJECTIVES AND ACTIVITIES Objectives and aims
The charity's objectives are:
To promote and protect the mental health of orphaned children and young people, particularly those who have suffered loss and trauma by natural disasters through the provision of therapeutic support and in other ways as the trustees see fit.
The relief of poverty for the public benefit of orphaned children and young people affected by natural disasters.
Significant activities
The charity's activities are:
Raise funds to purse the objectives. Run a charity shop, selling second hand goods. Collect donation from the local community. Employ and remunerate staff and volunteers for the proper pursuit of the objectives. Accept gifts and donations for the purpose of the objectives. Support an orphanage.
To build sustainable orphanages or incorporate sustainability into existing one.
In planning our activities each year we have regard to both the Charity Commission's general guidance on public benefit and prevention and relief of poverty for the public benefit. The trustees
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.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
(Not specified/Other)
Registered Charity number
1140248
Registered office
39 Baker St Brighton East Sussex BN1 4JN
Trustees
Ms Emma Gomez Chairperson Ms Naomi Macdonald Ms Christine Nahedic Ms Patricia Sergent
Page 1
ALALA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
X5 Chartered Accountants 2 Upperton Gardens Eastbourne East Sussex BN21 2AH
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Ms Christine Nahedic - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALALA
Independent examiner's report to the trustees of ALALA ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2020.
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:
-
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
-
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
-
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.
Mr Kevin Alderton X5 Chartered Accountants 2 Upperton Gardens Eastbourne East Sussex BN21 2AH
Date: .............................................
Page 3
ALALA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 36,787 EXPENDITURE ON Raising funds 2 30,988 Charitable activities Advertising & Marketing 1,440 Subscription 317 Other - Total 32,745 NET INCOME 4,042 RECONCILIATION OF FUNDS Total funds brought forward 12,246 TOTAL FUNDS CARRIED FORWARD 16,288 |
2019 Total funds £ 72,251 68,793 - - 299 |
|---|---|
| 69,092 | |
| 3,159 9,087 |
|
| 12,246 |
The notes form part of these financial statements
Page 4
ALALA
BALANCE SHEET 31 DECEMBER 2020
| 2020 Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 6,750 Cash at bank and in hand 10,211 16,961 CREDITORS Amounts falling due within one year 6 (673) NET CURRENT ASSETS 16,288 TOTAL ASSETS LESS CURRENT LIABILITIES 16,288 NET ASSETS 16,288 FUNDS 7 Unrestricted funds 16,288 TOTAL FUNDS 16,288 |
2019 Total funds £ 2,750 10,096 12,846 (600) 12,246 12,246 12,246 12,246 12,246 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
ALALA
BALANCE SHEET - continued 31 DECEMBER 2020
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Christine Nahedic - Trustee
The notes form part of these financial statements
Page 6
ALALA
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
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 2019)', 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.
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.
2. RAISING FUNDS
Raising donations and legacies
| Rates and water Insurance Light and heat Telephone Postage and stationery Sundries Rent Travelling Computer software cost Other donations Cleaning Accountancy fees Bank charges Carried forward |
2020 £ 128 446 1,036 713 872 1,057 4,000 2,655 170 14,716 203 600 20 26,616 |
2019 £ 990 1,454 1,261 833 360 - 8,000 2,153 463 40,977 288 500 130 |
|---|---|---|
| 57,409 |
continued...
Page 7
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
2. RAISING FUNDS - continued
Raising donations and legacies - continued
| Brought forward Interest payable and similar charges Support costs Investment management costs Maintenance charges Aggregate amounts |
2020 £ 26,616 (2) 3,709 30,323 2020 £ 340 30,988 |
2019 £ 57,409 (13) 3,051 60,447 2019 £ 3,089 68,793 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 72,251 |
| EXPENDITURE ON | |
| Raising funds | 68,793 |
| Other | 299 |
| Total | 69,092 |
| NET INCOME | 3,159 |
continued...
Page 8
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|---|
| Unrestricted | ||||
| fund | ||||
| £ | ||||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 9,087 | |||
| TOTAL FUNDS CARRIED FORWARD | 12,246 | |||
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2020 | 2019 | |||
| £ | £ | |||
| Other debtors | 6,750 | 2,750 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2020 | 2019 | |||
| £ | £ | |||
| Accrued expenses | 673 | 600 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 12,246 | 4,042 | 16,288 | |
| TOTAL FUNDS | 12,246 | 4,042 | 16,288 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 36,787 | (32,745) | 4,042 | |
| TOTAL FUNDS | 36,787 | (32,745) | 4,042 |
continued...
Page 9
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/19 | in funds | 31/12/19 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 9,087 | 3,159 | 12,246 |
| TOTAL FUNDS | 9,087 | 3,159 | 12,246 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 72,251 | (69,092) | 3,159 |
| TOTAL FUNDS | 72,251 | (69,092) | 3,159 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1/1/19 | in funds | 31/12/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 9,087 | 7,201 | 16,288 |
| TOTAL FUNDS | 9,087 | 7,201 | 16,288 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 109,038 | (101,837) | 7,201 |
| TOTAL FUNDS | 109,038 | (101,837) | 7,201 |
continued...
Page 10
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
Page 11
ALALA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020 |
||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | 1 | 1 |
| Donations | 9,803 | 39,746 |
| Grants | 14,334 | - |
| Shop Sales | 12,649 | 32,504 |
| 36,787 | 72,251 | |
| Total incoming resources | 36,787 | 72,251 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rates and water | 128 | 990 |
| Insurance | 446 | 1,454 |
| Light and heat | 1,036 | 1,261 |
| Telephone | 713 | 833 |
| Postage and stationery | 872 | 360 |
| Sundries | 1,057 | - |
| Rent | 4,000 | 8,000 |
| Travelling | 2,655 | 2,153 |
| Computer software cost | 170 | 463 |
| Other donations | 14,716 | 40,977 |
| Cleaning | 203 | 288 |
| Accountancy fees | 600 | 500 |
| Bank charges | 20 | 130 |
| Bank interest | (2) | (13) |
| 26,614 | 57,396 | |
| Other trading activities | ||
| Purchases | 325 | - |
| Wages | - | 5,241 |
| 325 | 5,241 | |
| Investment management costs | ||
| Maintenance charges | 340 | 3,089 |
| Charitable activities | ||
| Advertising | 1,440 | - |
| Support costs |
This page does not form part of the statutory financial statements
Page 12
ALALA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| FOR THE YEAR ENDED 31 DECEMBER 2020 | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Support costs | ||
| Management | ||
| Sundries | 4,026 | 3,366 |
| Total resources expended | 32,745 | 69,092 |
| Net income | 4,042 | 3,159 |
This page does not form part of the statutory financial statements
Page 13
Signed By
CHRISTINE LE NAHEDIC
Date Signed Wed, 27 Oct 2021 15:39:04 +0100 Name Christine Le Nahedic Email info@alala.org.uk Printed Name CHRISTINE LE NAHEDIC IP Address 86.137.4.82 Browser User Agent Mozilla/5.0 (Macintosh; Intel Mac OS X 10.6; rv:48.0) Gecko/20100101 Firefox/48.0
X5 , Chartered Accountants is the trading name of Xynamo 5 Limited - Company No 11241219