LOVE AND COMPASSION IN ACTION Compally Registration number. 07246782 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 2023 Registered Company No.07246782 Registered Address: 10 GartM( Gardens. V41mWon Park, London SW19 6NY
LOVE AND COMPASSION IN ACTION CompaDy Registration number. 07246782 chariti Registration number 1146221 REFERENCE AND ADMINISTRATIVE INFORMATION Directors (Trustees): Richard Chol8AY> Jean Samuel Russell Childs Oliver Hakim Secretary.. Oliver Hthm Treasurer" 'ri yrvs 93 Comparry registration number. 07246782 Registered 0fe. 10 Gartmoor Gardens Wimblerknn Park Lorthn SW19 6NY eT INDEX Report ofthe Directors Independerrt Examiners Rewt Statement of Financial Nxtpiities Balan Sheet Notes to Financiai Statements 8-10
LOVE AND COMPASSION IN ACTION Company RegistratioD llumbtr. 07246782 Charities R¢gistratioD number: 1146221 REPORT OF THE DIRECTOR8 The Directors present their report and the financial statements of the Company for the year ended 3111 March 2023. The financial statéments have been prepar8d in ac(>xdance with the accounting policies set out in note 1 to the accounts. 8tructsre. Governanco and PAanagemgnt Love and Compassron in Action was incorporated as a company fimitgd by guarantee on W May 2010 and 1$ governed by the Memorandum and Articles of Associatn. Directors are appointed by the members of the Trust. The bu8in8ss of the TN8t is managed by th8 Board of Director8. Rmults for th• year ended 31 March 2023 Thls yearfs op8ration gave ri8e to a nat deftit of £13,783 Iyoar ended 31 March 2022, net income of£7,0891. Govemance costs were £3,045 IY•ar entsj 31 March 2022.. £1.864). Summary of the Chartty's Objects and Actlvltl•• a) The relief of poverty. stcknes8 arn# dlstr888 throughout Indta Activitth.. Constructlon of bore wells to suppty good clean drlnkiry water. prov1ng Childn,$ clothing & saris for widtr•VS Helping with children's schooling & adutt edUcatnraining. Enabling post Pol di¢d young peop to recep4e medical & surgKal treAtment. Protecting the hurnan r¥Jhts of the vulnerabte b) The advancement of the Christian Rellgion throughout Indig AGti¥rties'. Supporting village Pastors Building Communty Churcheg Distribut*)n of Ghristian Irterature '-annual trip by a Board member to see & en¢ourage the Pastors & village communittes c) Other charitabte pure8 in Indi8 as the Trustees may deternine. ArtNities: Emergency rellef following Iloods & hurricanes Helping with sudden dage to property or business due to unprovoked attacks.
LOVE AND COMPASSION IN ACTION Company Regttion llumber 07246782 Charities Registratiox number. 1146221 Re8ervès Pollcy The Directors, polry Is rx)t to aumUlate available reserves unless deemed necessary or prudent. Risks egoT The Dlrectors have nSIdered thè mor8 signllkant kS lo which the Trust is exposed. The Report This report has prepared in accordance *ryth the spec1 provisions of Part 15 of the Companies Acl 2006 reFating to small companie& The rewrt complies with the Memorandum and Articles of Associatton. By Order ofthe Board 2023 ,{ nL'
LOVE AND COMPASSION IN ACTION Company Registration number: 07246782 Charities R islration number. 1146221 Independent Examiner's Rèport Report to the trusteejl membern of Love and Compassion in Action On aeeounts for the ye4r ended 31 March 2023 Charity Ao (if any) 1146221 Set out on pages 6tolO I rew)rt io the trust¢¢s on my examination of the accounts of the above charity {'th¢ Tt-) for the ye8r ended 31ffj3n023. Respollsibilitles balis As the charity's trustees, you are responsible for the preparation of the of report accounts in aLwrdance with the nyu1ments of the Charities Act 2011 ('Xhc Act"). I rekKJrt in resFect of my examination of the Trust's aco)unts carried out under %ction 145 of the 2011 A¢t and in carying out my examination. I have followed all the applicablc DIrtionS given by the Charity Commission under section 145{5Xb) of the Act. Independent I have completed my examination. I confirni that no material matters have •xamIn•* Statement come to my attention in Connection with the examination which gives me cause to believe that in, any material respect: the accounting records wcrc not kcpt in accordance with sextion 130 of the Charities A. or the accounts did not xcord with the accounting reo)rds; or the accounts did not comply with the applicable requirernents concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any reqU1ment that the acwunts give a 'true and fair. vi¢w which is not a matter considered 0$ part of an independent examination. I have no concerns and have come across no other matters in connection with the ¢xamination to which attention should be drawn in this rewrt in order to enable a proper understanding of the accounts tr) be reached. SlgDed: Relevant prof810al qualification(s) or body (rf any): Address:
LOVE AND COMPASSION IN ACTION Company Rl$ttion n#mber. 07246782 Charities Registration number. 1146221 statement of Financial Activities for the Year Ended 31 March 2023 (including ineome and expendlture account) INCOMING RESOURCES ¢Jiq TOTAL TOTAL FUNDS FUNDS IIMI? 2023 2022 1rn9 FUNDS FUMDS Gifts and donations Investment income & I Interest Total incoming resourc88 13,989 12.511 26.500 32,554 129 14.118 129 26.629 26 32,580 12.511 RESOURCES EXPENDED Charitable expenditure 2022 2022 Costs of a¢tNlties in furtherance of the Charrty's objects: Governance costs Total resources expgnded 37,367 23.827 40,412 25,491 VIX9 NET INCOMINGIIOUTGOING) RESOURCES FOR THE YEAR TOTAL TOTAL FUND8 FUNDS 2023 2022 46,908 53.997 FUNDS FUMDS TOTAL FUNDS AT 1 APRIL 38.735 20,698 15.262 53,997 40.216 TOTAL FUNDS AT 31 IAARCH
LOVE AND COMPASSION IN ACTION Company ReEistratioD number: 07246782 Charities Registration number. 1146221 BALANCE 8HEEf AS AT 31 IIARCH 2023 2022 413 Flxod 9t Current assets Deblors Cash al bank arKI In harvj Totsl assets 376 1.065 1.036 52.548 53.997 41,746 Total current liabilltles 11.530) Total a¢1¥ less cuThent Liabilities > 1 Not assets 40,216 53,997 40,216 53,997 Unreslricted fund8 ReStrted funds Tolal funds 20,898 19,518 40,216 38,735 53,997 These accounts have been prepared in 8ccordance with the speual provlsions relating to Small companies within Part 15 ofthe Companies Act 20C6 and with the Financial Reporting Standard for Smaller Enttt188 {efftfv8 January 2015). For the year endlNJ 31 M8rch 2023 the Company was entitled to ex•Trptson from alit under 8ection 477 of the Companies A£t 2006 relating to small compani88. Directors. regKKm8lbiltlte8: The members have not required the Company lo otrtain an audit of it8 acxounts for the year in question in accordance with section 476. The directors acknowledge thelr responsibilities for mptying with the requirements of tho Act with to ac¢ountlng records and the preparation of accounts These accounts have been prepared In accordart8 wrth the applI(b to MPanieS subject to the small company's regime. Apwoved by the board of directors on the 2 De¢wnber 2023 and Slgned on th•r tshaff ty LCA Chaimian- Russell Childs 2023
LOVE AND COMPASSION IN ACTION Company Registration number. 07246782 Charitios lstratIOn number. 1146221 Notes to the Flnancial Statern for the Year Endod 31 Ilarch 2023 1. ACCOUNTING POLICIES a) Basis of Pr•paratlon The financial statements have been wepared: - in accordance with The Statement of Recommended Practice applicable to charities (Charities SORPI. effective from 1 January 2016 and applicabte accountirvJ standards under the historic cost convention and in actsydan with the Financial Reporting Standard for Smaller Entities (effective January 2015). The income and expenditure account has been ppared In a fcmat which dÈffers from that prescribed by the Companies Act 2006 in order to present a true and fair view. The effect of this departure is to alter the presentation of the accounts because Schedule 4 Companies Act 20[ and the Financial ReFQrting Stsndard for Smaller Entities formats are not suitable for a company which is vtholty dependent on donatn$ and not in business to generate a profft. bl Donations and gifts These are reflected in the CoUnts in the year in which they are rer1ed. ¢} Expenditure This is shown on an rual8 bw. d) Charltable Expendlture This comprises all expenditure dItlY rekted lo Ihe Otys ofthe Trust. The main Étems of expenditure were: Totsl Donations to Mink8tries in India spificalty for. Children and educat*Jn Disabled projects Pastors Church Build Land & Buildings l)A 8,575 1.518 4.661 5,000 15.000 650 200 Relief Abused Women Other Totsl 1,263 37 o) Gov?manc• Costs This comprises all exliur8 directy related to compliartt with Lx)nstitutional and Statutory requirements and any cther costs whth cannot be treated a$ charitable expendfÉure.
LOVE AND COMPASSION IN AcfIoN Company Regislration number. 07246782 Charities RegistrntioD number. 1146221 n Flxed Assets This comprises asset8 whrch are expd to be used for several years. They are subject to depreciation over the expected econom life. The dePwIatn Frf)licy applied is.. Computer Equipment 5 year8 g) Voluntary help The Trust is heavity dependent on voluntary help. No value is attributed to thi8 in the a¢¢ounts. 2. GOVERNANCE COSTS 2022 162 414 243 609 236 1,664 Printing, website, stattonery and teknphone Travel and other expen8e8 Bank charges Mi$cell8neous De rwation of a88ets 178 324 6T1 3. STAFF COSTS The TnJ8t dtd not employ any staff durlng the year. No MUneratIon wa8 paid to any of the dire(ors during the year. Expenses reimbur8ed to dlrectors totslled £1,530 (Year ended 31 March 2022: £nil) during the year. RESTRICTED FUNDS All funds given lor a specllk purwse were u1 fty the PUfFX)se gr¥en or retalned to be u8ed for that purpose at a future date. Uso 01 unmtrictod funds 5.000 Incomo diture 15.000) Clf¥ Church build Self Sufficiency Childrenleducation Disabled Relief aid Waler projec18 GFfts Land & Buildings Pastors Abused Women Other Totsl 451 451 2,875 675 {8.575) (1.518) (200} 243 200 1.829 1.829 (650) (15.OlX)) {4.661) (500} 850 15,000 12,738 9,161 17,238 1,263 29,112 37.367
LOVE AYJ D COMPASSION IN ACTION Company Regiqtration Dumber: 07246782 Chariiks Wistration number 1146221 5. FIXED APJ8Ef8 ct£ Computer Equipment Additions cIf 1.182 250 1,432 reciation £ Computer Equipment bll Cha e for the ear DIS als (769) (28n {I.OS6) Total 413 (37) 376 6. DEBTORS 2023 2022 Gift Aid recoverable 7. CREDITORS 2022 Travelling expenses 8. TAXATION The Company is exempt from taxation in xcordance with Part 10 of the Income Tax Act 2007 and so ha$ no Ilabilty to corporation tax. 9. CONSTrruTION The Company is limited by guarantee and each member is under covenant to contribute a sum not exceeding £1 in circumstances as set c*rt in Clause 2.2 of the Memorandum & Artt¢les of Association. )u ta ol? io-