LOVE AND COMPASSION IN ACTION CompaDy Registration number: 07246782 chariti 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 2022 Registered Company No.07246782 Registsred Address.. 10 Gartrnojr Gardens. Wimbledon Park, London SW19 6NY
LOVE AND COMPASSION IN ACTION Company Registration number: 07246782 Charities Rok8tralion number. 1146221 REFERENCE AND ADMINISTRATIVE INFORMATION Directors (Tru8tee8): Richard Cholav4 Jean Samuel Russdl Childs (Apwinted 14 May 2022) Oliver Hakim Secretsry: Olver Hakim TaSUrer.. Company regl$tration numb8r. 07246782 Regtstered Office.. 10 Gartmoor Gardens Wimbledon Park London SW19 6NY INDEX Report of the Dlrectcn Independent Examiners Report Stslement of Finan¢lal Activities B818n¢e Sheet Notes to Financial Statem&nts 8-10
LOVE AND COMPASSION IN ACTION Company RegistratioD Dumber: 07246782 Cbarities Regislration number: 1146221 REPORT OF THE DIRECTORS The Directors present their re1 and the financial statements of the Compary for the year ended 31¥t March 2022. The finalar slalements have teen prepared in accordance with the accounting policies set out in note 1 to the accounts. Structure, Govemance and Management Love and Compassion in Action was incofFrfYated as a o)mpany limited by guarantee on 7th May 2010 and is governed ty the Memorandum and Articks of AssoCian. Directors are apF)ointed by the members of Ihe Ttust. The business of the Trust is managed by Ihe Board of Directors. Rgsults for the year erKled 31 March 2022 This yeafs operation gave rise to a net incomè of £7.089 (Year ended 31 March 2021, net income of £6.490}. Governance costs were £1.664 (Year ended 31 March 2021: £2,117). Summary of the Charws Objects and Aclivilies al The relief of povety, sthess arxl distress through(xrt India ActivItS.. Construction of bore wells to suppty g)d dean drinking water. Providing children's clothing & saris for wtdows Helping with children's schooling & adull educationltraining. Enabling post polio disabled young people to receive medical & surgical treatment. b) The advanment ()f the Christian Re[lOn throughcxrt India Activities= Supporting village Past¢XS Building Communty Churches Distribution of Christsan literature Annual trip by a Board member to see & encourage the Pasto & village communities c> Other charitable purkKw in India as the Trustees may detemine. Activittes: Emergency rdief followng Iloods & hurrranes Helping with sudden damage to propety or busness due to unprovoked attacks.
LOVE AND COMPASSION IN ACTION Company Registration number. 07246782 Charities Registrnlion Dumber: 1146221 Reserves Pollcy The Director8, 5y)Iiw 18 not to Mulate available reserves unless deWd necessary or prudent. Rlsks The Directors have considered the rTh)re signtfThnt risks to which the Trust is exp)wl. Tho Report This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The report complbes with the Memorandum and Articles of Asso(ialion. By Order of the Board Signed Date: 17 October 2022
LOVE AND COMPASSION IN ACTION Company Registration Dumber. 07246782 Charities R¢gistrntioD number: 1146221 8tstement of Finan¢lal Actlvities for the Year Ended 31 March 2022 (Includlng Incomo and expendlture account) INCOMING RESOURCES TOTAL TOTAL FUNDS FUNDS 2022 2021 FUNDS FUNDS Gifts and donations Investment income & Inleresl Total incomlng re8ourco• 15.293 17.261 32,554 25,417 26 15,319 26 32,580 29 25,446 17.261 RESOURCES EXPENDED Charitable expenditure 2022 2021 Costs of actNits8s in furtherance of the Charty's objects: Govemance costs Tolal resources exp•ndod 23,827 16,839 25,491 18,956 NET INCOMINGI(OUTGOING RESOURCES FOR THE YEAR TOTAL TOTAL FUNDS FUNDS 2022 2021 FuwfA VUNDS TOTAL FUNDS AT 1 APRIL TOTAL FUNDS AT 31 MARCH 21,724 53.997
LOVE AND COMPASSION IN ACTION Company Registration number. 07246782 Charities Registration number. 1146221 BALANCE SHEEf AS AT 31 MARCH 2022 2022 413 2021 649 Flxed assets Current assets Debtors Cash at bank and in hand Total assets 1.626 53.997 46,972 Tot81 current liabilities {641 Total assets less Current liabilities Liabilities > 1 Not as8ats 53.997 46,908 53.997 46.908 unrestrted funds Restricted fund8 Tolal fund$ 38,735 21,724 53,997 These accounts have been prepared In accordarte WFth the S181 prov18n8 relatlng to 8mall Companies within Part 15 of the Companies Act 2006 and with the Flnancl81 Reportlng Stsndard for Smaller Entit {8ff8Ctiv8 J8nu8ry 2015). For the year endlng 31 March 2022 the Cornpany was entftled to exemptlon from audlt und8r section 477 of the Companies Act 20CI8 relating to small Companw. Director8, re8pon8ibilitie8.' The members have not required the Company lo obtsin an audil of its accounts for the year In quests'on in accordance with section 476. The directors acknwl&*e Ihelr responslbilltles for complying With the requirement8 of the Aci wlth respecl to accountlng record8 and the pr8paratlon of 8ccourrts These accounts have been prepared in accordance with ttrh? provisions applicable to companies subjed lo the sm811 company's regime. Approved by the trd of dlrectors on the 1Trober 2022 s3r& on their behalf by LCA Chairman- Ru88ell Chikl8 Qficooo 17th October 2022
LOVE AND COMPASSIOF4 IN ACTION Company Registratiott number 07246782 Cbarities Registration number. 1146221 Notes to the Financlal Statements for the Year Ended 31 MarGh 2022 1. ACCOUNTING POLICIES a) Basis of Preparatton The financial statements have been prepared: in accordance wf(h The SLqtement of Recommended Pract5 appli(xble lo charities (Charities SORPI. effective from 1 January 2016 and applicable oUntIng standards un(ler the historic eost corwention and in aLxtsrdance with the Financial Reporting Standard for Smaller Entibes {effective January 2015). The income and expenditure a¢£Cnt has been Fffepared in a format which differs from that pScribed by the Compantes Act 2006 in order to psent a true and fair wew. The effect of this departure is to aer the presentation of the accounts because Schedule 4 Companies Act 20ChS and the Financial Reporting Standard for Smaller Entities fomiats are not suitable for a company which is wholty dependent on donatnS and not in business to 9enerate a profrt. b) Donations and gifts These are reflected in the accounts in the year in Wh they e received. cl Expendlture This is shown on an awuals basis. d) Charitablo Exwnthture This compriseg 211 endIture dir&tty ret8ted to the objects of the Trust. The main tterr6 of expenditure were: Total Donations lo Ministries in India SlfallY for. Children and educat•)n Disabl projects Pastors Church Buibj Gifts Relief Total 7,030 1,057 9.239 201 1,30Q 5,000 e) Govemance Costs This comprises all expendtture direcuy related to ¢pIlance wrth constrtutional and stalutory reqUIrnts and any other costs which cannot be treated as chartlable exFtnditure.
LOVE AND COMPASSION IN ACTION Company Registration number: 07246782 Charities Registration Lumber 1146221 fj Fixod Assets This comprises assets which are expected to be used for several year5. They are sublt to depreciation over the expected economic life. The depreciatK)n pjlicy applied is.. Computer Equiprrtht 5 years g) Voluntary help The Trust is heavlty dependent on voluntary help. No value is attributed to this in the accounts. 2. GOVERNANCE C08TS 2022 162 414 2021 800 Printing. websrte, stationery and teleph Travel and oth8r expenses Bank charges MISlIaneOUS recialion of asset8 370 711 238 2,117 3. STAFF CO8T8 The Trust did not employ any Staff during the year. No r8munerallon was paid to any of the direiXor8 during the year. Expenses reimbur8ed lo directors thlled £nil {Year ended 31 March 2021.. £nil) during the year. 4. RESTRICTED FUNDS All funds gNen for a Specif purpose were used for the purpo88 gNen or retained to be u8ed for that purpose at a future dats. Use of unro8trl¢tod funds 201 Income ndituro {201) Cl1 Church build Self Sufficiency Childrenleducation Disabled Relief aid Water prqects Gifts Pastors Totsl 451 451 2,715 (7.0301 11,0571 (5,lJOOI 4.315 700 5,000 1,829 1,829 (1.300} 9,239 23.827 1.300 (13,760) 22,204
LOVE AND COMPASSION IN ACTION Company Registration Dumber: 07246782 Charities Registratioo number 1146221 5. FIXED ASSErs Cost £ Compuier Equipmént Addltlons Dis Cmwd 1,182 1.182 -recIatIon £ CompLrter Equipmént bll Cha Is (533) {236) 1769 Totsl (236) 413 6. DEBTORS 2022 2021 1,626 Gift Aid recoVerale 7. TAXATION The Company 18 exempt fr(xn t8xation in accordance with Part 10 01 the Income Tax Act 2007 and 80 h88 no Ilabllty to corporatlon tax. CONSTITUTION The Company is limited by guarantee and each member is under covenant to contribute a sum not exceeding £1 in circumstances as set in Clause 2.2 of the Memorandum & ArknGles of Association. io-
Report to the trusto or Oth •¢eouDts for theye ended Chrity (tfx 1146221 &t out on 10 to the on my ex•n)ina¢i(Trn ofthe ac¢ouDts orth¢ above ty fthe'fnuti fortheyear 311W2022. bql¥ ofreptsrt tbe c1thritl trusk4 YO we re5PDnsible forthe preparnlion of the cLOun tti ac¢oTdwn(¢ with the ll1[n¢ts of ihe Clwiiies Act 2011 he ASAI. se¢tiort 145 of lh¢ 2011 Act tnd iti canyin8 Out Iny examinatxo have followed all the appli¢&blc Direction¥ 8iveD by th¢ Charity '0mmilI)n undergectioti 143{5Xb) orth¢ A¢L Ind•p•nd• •x•mln•rf# gtst•m• I hwe +))MpIetr my vrtminl0n. l ¢¥)nfjrm tb ty) muterial Mat[s have ¢(nt lo my anLJi()n in Cthwion wilh the ex8minathon which 130 of the Chariiies Act. or • the did comply with the appli(•bk rcquirwoents ncerning the forn) artd content of 01 in the ChwilieJ (Aca)Wts and R4) ReBul•tsm 2008 oth¢r thj •ny re4virne that th¢ a(wJnts 8ive 4.true •nd faiT' view ¢fAuKction with thc examinrfion lo whi¢h alleotiott Should be drown this reprt io oyderto a proper uttder5thnditi8 of th¢ Dmt Nme: oc qualllkdon($) or ifD ooi Addre$5: SE25¥AN