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2021-12-31-accounts

Charity Registration number: 1143658

COMBATING POVERTY THROUGH EDUCATION UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

CONTENTS

Pages:

  1. Company information

  2. to 5.

  3. Report of the Independent Examiner

  4. Income and Expenditure Account

  5. Balance sheet

  6. to 10. Notes to the Financial Statements

1

Company Information For the year ended 31 March 2021

Directors / Trustees Mr Timothy Marius Ashanta Andradi Mrs Kirtida Andradi

Registered Number 07573635

Registered Office Chaucer House White Hart Yard London Se1 1nz

Independent examiner HARANS & CO

Chartered Certified Accountants 324 Stafford Road Croydon Surrey Cr0 4nh

Secretary Mrs Kirtida Andradi

2

TRUSTEES' REPORT

CHARITY INFORMATION

Combating Poverty through Education is registered in the U.K with Charity Commission. The Registration number is 1143658 and the Companies house registration number is 07573635. This charity is under the control of trustees and operated by a management committee. The charity will continue to work very closely with other not for profit making/charitable organisations.

The objective of the charity is to provide support for education, socio-economical projects, healthcare, sports and medical needs for disadvantaged people around the world.

Registered Office and place of business: Chaucer House, White Hart Yard, London, Surrey, SE1 1NZ

Trustees:

Mr Timothy Marius Ashanta Andradi (appointed on 21 October 2016) Mrs Kirtida Andradi (appointed on 10 may 2021)

Management Committee:

The elected members of the management committee who have been appointed or re-appointed since the year-end are as follows:

President: Mr T Andradi Vice President: Mrs K Andradi Secretary: Mrs K Andradi

This charity was formed in 22[nd] March 2011 and activity was set to begin this financial year. However, due to the Covid-19 pandemic, the activities of the charity were postponed. As restrictions eased throughout this year, plans to resume activity was assessed and implemented.

The focus of the charity for the future has been to maintain the viability and capacity of the business so that operations can return to projected levels, as soon as circumstances allow.

Net Income for the year was (2020: Nil)

REVIEW OF THE OBJECTIVES FOR THE YEAR ENDING 31[st] DECEMBER 2021

OBJECTIVE

To provide educational and socio-economical projects to make sustainable impact on poverty reduction and improvement of disadvantage people around the world.

Acting as forum to exchange valuable information for the benefit of cultural, economic and intellectual development of disadvantaged communities.

3

STRUCTURE, GOVERNANCE AND MANAGEMENT

Combating Poverty through Education was incorporated on 22 March 2011.

Mr & Mrs Andradi , are a long standing member of Combating Poverty Through Education, have been selected by the members based on his/her interests in voluntary work, contribution made to this association, experience and skills which all are suitable to Combating Poverty Through Education.

Combating Poverty through Education is led by the board that provide strategic leadership with its aims and values. The board is clear about the aims and ensures that they are being delivered effectively and sustainably.

The board acts with integrity, adopting values and creating a culture, which helps to achieve Combating Poverty through Education .

It is aware of the importance o trust in Combating Poverty through Education. All trustees undertake their duties accordingly and work as an effective team using the appropriate balance of skills, experience, background and knowledge to make informed decisions. It makes sure that its decisionmaking processes are informed, rigorous and timely. It also ensures that effective delegation, control, risk assessment and management systems are setup and monitored.

-making. The board leads Combating Poverty through Education in being transparent and accountable, unless there is good reason for it not to be.

4

COMBATING POVERTY THROUGH

EDUCATION FOR THE YEAR ENDED 31 DECEMBER 2021

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021, which are set out on pages 6 to 9.

Responsibilities and basis report

As the trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).

In respect of

on 145 of the Act, I report that

I have followed all the applicable Directions given by the Charity Commission under the section 145(5)(b) of the Act.

I have completed my examination and I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. The accounts do not accord those records; or

  3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) regulation 2008 other than any requirement that the accounts give a True and fair 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.

Use of this report

This report is made solely to the Trustees of the board as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. My independent examination work has been undertaken so that I might state to the Trustees of Fully permitted by law, I do not accept or assume responsibility to anyone other than the Board and the Trustees of the Board as a body, for my independent examination work, for this report, or for the opinions, I have formed.

Harans & Co Chartered Certified Accountants 324 Stafford Road Croydon CR0 4NH

6

INCOME AND EXPENDITURE

INCOME
Donations
TOTALINCOME
EXPENDITURE ON
Charitable activities
TOTALEXPENDITURE
NET INCOME/(EXPENDITURE)
Transfers between funds:
Restricted Capital reserves
NET MOVEMENT IN FUNDS
2021 2020
Unrestricted
funds
Restricted
funds
Totalfunds
Totalfunds
£
£
£
£
31,000
31,000
-
31,000
31,000
-
2
2
-
2
2
-
30,998


30,998

-
-
-
-
30,998
30,998
-

7

NOTES TO THE FINANCIAL STATEMENT

1. ACCOUNTING POLICIES

Basis of preparation:

These financial statements have been prepared in accordance with the generally accepted accounting principles in the UK (UK GAP), accounting, and reporting by charities Act 2011. They give a true and fair view of the state of affairs of the charity as at the end of the financial year, and of its surplus or deficit for the financial year.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The accounts are presented in pounds sterling and have been rounded to the nearest whole pound.

Going concern:

Having reviewed the income receivable by the Charity, together with the expected ongoing demand for the entities service offerings, the public have a reasonable expectation that the Charity has adequate resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Income recognition policies:

Income from donations and special efforts are recorded as they are received.

Donations for specific purposes are shown as restricted funds in the Income and Expenditure Account and Balance Sheet until they are utilised for the purpose intended, when they are transferred to General Reserves. Contract income is included when the relevant performance conditions within the contract have been met. All other income is recorded on a receipt basis.

Income tax recoverable in relation to donations received under Gift Aid is recognised when it is received from HM Revenue & Customs.

Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in line with their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Expenditure

Expenditure is accounted on a payments basis, inclusive of VAT, which cannot be recovered. Cost of Charitable activities include those costs, which meet the objectives of the Trust.

Reserves

Reserves represent money received from donor

9

COMBATING POVERTY THROUGH EDUCATION Financial Statements for the year to 31 December 2021

2. INCOME
Unrestricted Donations
3. EXPENDITURE
Bank charges
4. RESERVES

Unrestricted Revenue


Unrestricted RevenueCarried Forward
2021
£
31,000
31,000
2021
£
2
2
2020
£
-
-
2020
£
-
-
2021
£


30,998

2020
£
-
-
30,998

10