LOVE AND COMPASSION IN ACTION Company Registration number. on46782 Charities Registration number. 1146221 Love and Compassion in Action a company limited by guarantee and not having a share capital ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS for the year ended 31 March 2021 Regtstered Comrony No.07246782 Registered Athdress: 10 Gartsnwr Gardens. vrnb[ed0n P8rf(. London SW19 8NY
LOVE AND COMPASSION IN ACTION Company Registralion number. 07246782 Charliles R4istration number 1146221 REFERENCE AND ADMINISTRATIVE INFORMATION Drectors ITrustees}: Rw*ard CIKJlV? Akhtar Samuel Oknr Hakim Jean Samuel Secrekny: Oknr Hakim Treasurer. Company registration nnber. 07246782 Registwed Office: Wmbleckn Patk London SW19 6NY INDEX RepcKt of the Drect Independent Examiners Report Statement of FinanGi& Activities Balance Sheet Notes to Financial Statem 8-10
LOVE AND COMPASSION IN ACTION Company Regis(10n Dumber 07246782 Charities Registration number. 1146221 REPORT OF THE DIRECTOR8 The Directors wesent their reFXYt and the financial statements of the Company for the year ended 31$1 Marth 2021. The finCIal ststements have been prepar# in dance with the accounting )licies set out in note 1 to the arts. structurn, Govornance and Management Love and CompassKJn in Action was incorporated as a company limrted by guardntee on 7th May 2010 and ig govemed by the Memorandum and Articjes of A$sC¢tn. Directors are appointed by the members of the Trust. The bus1rS of the Tnt is mawd by the E4)ard of Directors. Results for tho year ended 31 March 2021 This yearfs opwatTh gave rise to a net of £6. (Year 31 Mar¢h 2020, net income of £1,653). Govem8fKt costs were £2,117 (Year ended 31 March 1020: £2.587). Summary of tho Charity's Obi•cts and Actlviti8s al The relief of povty. sickness arKI distress throughcArt India Activilies: Constructh)n of bjre welk to suppty good dean drinking water. Prowding children's clothing & saris for widc Hdixng with children's schwling & aduft edUw)[ln1ng. EnatrAing FQSt polk) disabled youThJ Feople to recebve rnedl & surgir£l treatment. b) The attvancernent of the Christran thr(wgh(xrt In Activities.. Supporting village Pastors Building Communty Chu[d8 Distribution of Christian llterature Annual trip by a Board member to see & ourje the Pastors & viHage communities c) Othar chariiabla purposes in India as the Trustees may datwmine. Activities.. Ernwgentry relief folbwiro fu)ts & hurrtsnes Helpwng wtth lden dmge to prrwty or tsInesS due to unprovoked attacks.
LOVE AND COMPASSION IN ACTION Company Registration number. 07246782 Charities Registration number. 1146221 Reserves Policy The Directors. policy is not to accumulate available reserves unless deemed necessary or PTlent. Rlsks The Directors have considered Ihe more significant risks to vthich the Trust is exposed. The Report This report has been prepared in accordance wtlh the special provisions of Part 15 of the Companies Acl 2006 relating to small companies. The report complies with the Memorandum and Artides of Association. By Order of the Board Signed /lirf a/ Date: 2021
| James Martin | 17 January 2022` |
|---|---|
| James AH Martin FCA | |
| ICAEW | |
| Harston, Cambridge. |
LOVE AND COMPASSION IN ACTION Company Registr8tioJ tsumber: 07246782 Charities Registration number. 1146221 stat•mont of Flnancial Activibe8 for the Year Endod 31 March 2021 (Indudlng Income and expandlturo account) INCOMING RESOURCES TOTAL TOTAL FUNDS FUNDS 2020 FUNOS Gifts and dona Investment inc(ffne & Interest Totsl incoming resoufcas 8.390 17,027 25A17 33,025 8.419 17.027 25.446 33,122 RESOURCES EXPENDED Charitable expdIture 20 2020 Costs of aciivilies In fijrtherance of the Charity's objects.. G0veMarr costs Total rosourcos expeThled 16,839 117 18,9S6 28,882 31,469 NET INCOMINGI(OUTGOING) RESOURCES FOR THE YEAR 1,653 TOTAL TOTAL FUNDS FUNDS 2021 2020 40.420 37,430 46,908 40,420 FUNDS TOTAL FUNt)S AT 1 APRIL 23.165 21.724 17,255 25,184 TOTAL FUNDS AT 31 PAARCH
LOVE AND COMPASSION IN ACTION Company Registration numb¢r 07246782 Charities Registration number. 1146221 BALANCE SHEEf AS AT 31 MARGH 2021 2021 2020 635 Fixod assets Current assets Debtors Cash at bank and in hand Total assets 1.626 44.697 46.972 1.150 38.699 40.484 Total current liabilities (64) (64) Tolal assels less Gurrent liabilities Liabilities > 1 ear Net af•sets 46,908 40,420 46.908 40,420 Unrestricted funds Restricted funds Total funds 21.724 25.184 46,908 23,165 17,255 40,420 These accounts have been prepared in accordance with the special provisions relating to small compani8S Within Part 15 of the Companies Acl 2006 anrj wrth the Finanual Reporting Stsndard for Smaller EntÉties (effective January 2015}. For the year ending 31 March 2021 the Company was entitled to exemption from audit under secllon 477 of the Companles Act 2006 relating to small companies. Directors, responsibilities: The members have tKJt required the Company to obtain an audit of its accx)unts for the year in question in accordance with seclion 476. The directors acknedge thelr responsibilities for complying wllh the requirements of the Act with respect to alOUnting records and the preparation of accounts These accounls have been prepar in a(axJrdance wtth the provTrSnS applicable to companies subject to the stnall IPanS regime. Approved by the board of directOf5 on 13 November 2021 and signed on their behalf by Rj'chard Cholawo Date: 2021
LOVE AND COMPASSION J]Y ACTION Comp8ny Registrxtiou Dumber. 07246782 Charities Rytration nllmber. 1146221 Notes to the Flnanclal statsn for the Yw End•d 31 IAarch 2021 1. AccouiifiNG POLICIES a) Basis of Preparation The financial statements have been wepared: - in 8cccdancè with Tha Statement of Recommended PracK* applKsble to charities (Charities SORP). effedi¥e from 1 January 2016 and apF4icable xcounling standards - under the histoit cost cOnVrt1 arKI in a£Idance with the Financial Reporting standard for Smaller Enliiw (eff81Ve Januwy 2015). The income and expendrture accouni has teen wepared in a fomiat whith dlffers from that prescribed by the Companies Act 2006 in 0[ io present a true aThJ fair view. The effect of this departure is to alier the presentstion of the acG¢)unts because Schedule 4 Companies Acl 2006 and the Financial Rewmling Standard fw SMalr Entit$ formats are not suttatrAe for a CoMpY whth is wholly depdent on donations and not in bu$ine8S to gener8te a profrt. b) Donalions and gifts These are relle(aed in the x¢ounts wi th8 yw in they we red. c) Expgndllur• Thi8 is shMI on an a¢¢nlS basis. d) Charitsble Expendlture Th comprises a15 exFenditure dirw rela1 to the Obj of the Tnsst. The main ilem$ of expendilure were: Totsl Donattons to mini5tri85 in lrnjia wifK21ty tr. Children and educat¥)n Disabled projects Past¢)rs Church Build 3,930 Relief Totsl 7,705 •) Gov8rnance Costs This comprises all expenditure directy related to Complia with constitulional and statutory requirements and any other (xKsts which cannot be treated as chatilable expendrture.
LOVE AND COMPASSION IN ACTION Compatty R¢gistratiOn Dumber. on46782 Charities L$tration Dllmber: 1146221 fj Fixed Assets This comprises assets which are eXPd to ba used for several years. They are suty" to dePreall¢m over the expected econom life. The depre policy A)plied is.. Computer Equipment g) Voluntary help The Tiust is heavity on volunw tdp. No value is attributed to this in the accounts. 2. GOVERNANCE COSTS 20 2020 Printing, webstte, Stat1 and Travel and other expenses Bank charges Miscellaneous reciation of assets 654 310 370 186 2.587 1117 3. STAFF COSTS The Tnjst dKI rnt employ any staff duriw the year. No remuneratbjn was kwid to any of the diredtys during the year. Expenses 1Mbur8ed to directotB totalled £nil (Year ended 31 Marth 2020: £108) during the yew. 4. RESTRICTED FUNDS AN funds given for a spoific purFThe u1 for the purpose gNen, or retained to be used for that wrpose at a future (late. Use of unrestricted funds Income Church build Self Sufficiency Childrenleducation Disabled Relief aid Waterl8ore Well Pastors Totsl 451 451 {5.204) 3.239 700 3.204 700 (f,705} 4,501 1.829 11.158 3,930 7.739 25.184
LOVE AND cofMtPASSION IN AcrIoN Comwdny ReEiStration Dumber lJ7246782 Charities RegL¥tratlon Dumber. 1146221 5. FIXED ASss Cost £ Computer Equipment Additions Cth¥d 932 250 reciation £ Computer Equipment blf Cha for th• (29n (236> (533) Total 14 6. DEBTORS 2020 1.150 Gfft Ald recoverable 1,626 7. TAXATION The Company is exempt from taxation in wilh Part 10 of the Incorne Tax A£t 21J)7 and $0 has no liabilty to corporakn 8. CONSTITUTION The Company is limitwj ty guarantee and 8xh rnemter is under Mvenant to corrtribute a sum not exceeding £1 in Circumstances as set ¢yJi in Clause 22 of the Memorandum & Articles of A88ocialion. io-