REGISTERED COMPANY NUMBER: REGISTERED CHARITY NUMBER: 1140248
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
FOR
ALALA
x5 Xeinadin Group
2 Upperton Gardens Eastbourne East Sussex BN21 2AH
ALALA
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 | to | 11 |
ALALA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statementsof the charityfor the year ended 31 December 2021. 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
38 Baker St Brighton East Sussex BN1 4JN
Trustees
Ms Emma Gomez Chairperson Ms Naomi Macdonald Ms Christine Nahedic Ms Patricia Sergent
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
Page 1
ALALA
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021
........................................................................ Ms Christine Nahedic - Trustee
Page 2
ALALA
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 35,369 EXPENDITURE ON Raising funds 2 29,928 Charitable activities Advertising & Marketing 676 Subscription 31 Total 30,635 NET INCOME 4,734 RECONCILIATION OF FUNDS Total funds brought forward 17,188 TOTAL FUNDS CARRIED FORWARD 21,922 |
2020 Total funds £ 36,787 30,088 1,440 317 |
|---|---|
| 31,845 | |
| 4,942 12,246 |
|
| 17,188 |
The notes form part of these financial statements
Page 3
ALALA
BALANCE SHEET 31 DECEMBER 2021
| 2021 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 6 1,029 CURRENT ASSETS Debtors 7 6,750 Cash at bank and in hand 14,874 21,624 CREDITORS Amounts falling due within one year 8 (731) NET CURRENT ASSETS 20,893 TOTAL ASSETS LESS CURRENT LIABILITIES 21,922 NET ASSETS 21,922 FUNDS 9 Unrestricted funds 21,922 TOTAL FUNDS 21,922 |
2020 Total funds £ - 6,750 11,111 17,861 (673) 17,188 17,188 17,188 17,188 17,188 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.
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 4
ALALA
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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 Carried forward |
2021 £ 285 295 1,005 650 1,366 945 5,000 77 532 5,137 386 15,678 |
2020 £ 128 446 1,036 713 872 1,057 4,000 2,655 170 13,816 203 |
|---|---|---|
| 25,096 |
continued...
Page 5
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
2. RAISING FUNDS - continued
Raising donations and legacies - continued
| Brought forward Accountancy fees Bank charges Administration Costs Entertainment Consulting Interest payable and similar charges Support costs Investment management costs Maintenance charges Aggregate amounts 3. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2021 £ 15,678 732 16 11,736 90 175 - - 28,427 2021 £ 569 29,928 2021 £ 343 |
2020 £ 25,096 600 20 - - - (2) 3,709 29,423 2020 £ 340 30,088 2020 £ - |
|---|---|---|
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
continued...
Page 6
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|
| Unrestricted | ||
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 36,787 | |
| EXPENDITURE ON | ||
| Raising funds | 30,088 | |
| Charitable activities | ||
| Advertising & Marketing | 1,440 | |
| Subscription | 317 | |
| Total | 31,845 | |
| NET INCOME | 4,942 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 12,246 | |
| TOTAL FUNDS CARRIED FORWARD | 17,188 | |
| 6. | TANGIBLE FIXED ASSETS | |
| Plant and | ||
| machinery | ||
| £ | ||
| COST | ||
| Additions | 1,372 | |
| DEPRECIATION | ||
| Charge for year | 343 | |
| NET BOOK VALUE | ||
| At 31 December 2021 | 1,029 | |
| At 31 December 2020 | - |
continued...
Page 7
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Other debtors | 6,750 | 6,750 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
| 2021 | 2020 | ||||
| £ | £ | ||||
| Trade creditors | 60 | - | |||
| Accrued expenses | 671 | 673 | |||
| 731 | 673 | ||||
| 9. | MOVEMENT IN FUNDS | ||||
| Net | |||||
| movement | At | ||||
| At 1/1/21 | in funds | 31/12/21 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 17,188 | 4,734 | 21,922 | ||
| TOTAL FUNDS | 17,188 | 4,734 | 21,922 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 35,369 | (30,635) | 4,734 | ||
| TOTAL FUNDS | 35,369 | (30,635) | 4,734 | ||
| Comparatives for movement in funds | |||||
| Net | |||||
| movement | At | ||||
| At 1/1/20 | in funds | 31/12/20 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 12,246 | 4,942 | 17,188 | ||
| TOTAL FUNDS | 12,246 | 4,942 | 17,188 |
continued...
Page 8
ALALA
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 36,787 | (31,845) | 4,942 |
| TOTAL FUNDS | 36,787 | (31,845) | 4,942 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/20 | in funds | 31/12/21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,246 | 9,676 | 21,922 |
| TOTAL FUNDS | 12,246 | 9,676 | 21,922 |
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 | 72,156 | (62,480) | 9,676 |
| TOTAL FUNDS | 72,156 | (62,480) | 9,676 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
Page 9
ALALA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021 |
||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | 1 | 1 |
| Donations | 5,962 | 9,803 |
| Grants | 11,240 | 14,334 |
| Shop Sales | 18,166 | 12,649 |
| 35,369 | 36,787 | |
| Total incoming resources | 35,369 | 36,787 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Rates and water | 285 | 128 |
| Insurance | 295 | 446 |
| Light and heat | 1,005 | 1,036 |
| Telephone | 650 | 713 |
| Postage and stationery | 1,366 | 872 |
| Sundries | 945 | 1,057 |
| Rent | 5,000 | 4,000 |
| Travelling | 77 | 2,655 |
| Computer software cost | 532 | 170 |
| Other donations | 5,137 | 13,816 |
| Cleaning | 386 | 203 |
| Accountancy fees | 732 | 600 |
| Bank charges | 16 | 20 |
| Administration Costs | 11,736 | - |
| Entertainment | 90 | - |
| Consulting | 175 | - |
| Bank interest | - | (2) |
| 28,427 | 25,714 | |
| Other trading activities | ||
| Purchases | 932 | 325 |
| Investment management costs | ||
| Maintenance charges | 569 | 340 |
| Charitable activities | ||
| Advertising | 97 | 1,440 |
| Plant and machinery | 343 | - |
| 440 | 1,440 | |
| Support costs | ||
| Management | ||
| Sundries | 267 | 4,026 |
This page does not form part of the statutory financial statements
Page 10
ALALA
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021
| FOR THE YEAR ENDED 31 DECEMBER 2021 | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Total resources expended | 30,635 | 31,845 |
| Net income | 4,734 | 4,942 |
This page does not form part of the statutory financial statements
Page 11
Signed By
Christine Le Nahedic
Date Signed 2022-08-16 10:48:15 Email info@alala.org.uk Printed Name Christine Le Nahedic IP Address 81.159.88.245 Browser User Agent Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/104.0.0.0 Safari/537.36 Name of signatory Christine Le Nahedic