**TWOCO** (Registered charity, number 1148942) **Financial Statements for the year ended 31 March 2022**
|**Page**|**Contents**|
|---|---|
|2 - 3|Trustees’ Annual Report|
|4|Independent Examiner’s Report|
|5|Receipts & Payments Account|
|6|Statement of Assets & Liabilities|
|7|Notes to the Financial Statements|
## **TWOCO Trustees’ Annual Report for the year ended 31 March 2022**
## **Full name** TWOCO
## **Registered charity number** 1148942
## **Principal address**
131 Falcon Road Meir Park Stoke on Trent ST3 7FU
## **Trustees**
Fadzi Marks Fraser Muzondo Emma Paige Winstanley Deborah Desiree Jandles
Resigned August 2021
**Bankers** Santander
## **Independent examiner**
Daryl Denson ACMA VAST The Dudson Centre Hope Street Hanley Stoke on Trent ST1 5DD
## **Governance and management**
The charity is operated under the rules of its trust deed as adopted on 13 March 2012, as amended on 26 July 2012 and 6 September 2012 respectively.
## **The methods adopted for the recruitment and appointment of new trustees**
New trustees are appointed by the current trustees.
## **Aims and objectives**
To release financial hardship, advance education and to promote and protect good health among refugees and asylum seekers and their dependents living in the area of benefit through the provision of such support services that will help them adapt within their new community.
The provision of facilities in the interest of social welfare for the recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances in the interest of social welfare and with the object of improving the condition of life for said inhabitants.
The prevention or relief of poverty for the benefit of widows and orphans living in Zimbabwe by providing grants, items and services to individuals in need and or charities or other organisation working to prevent poverty.
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## **TWOCO Trustees’ Annual Report (continued) for the year ended 31 March 2022**
## **Summary of the main activities undertaken for the public benefit**
The Charity activities include, but are not limited to:
- 1.Cultural Food Bank
- 2.Blessing Babies’ Bank
- 3.Sewing Project.
- 4.Mental Health and Wellbeing Programmes
- 5.Skills Development Training
- 6.Advocacy and Campaigning
- 7.General Advice to partner referral agencies
## **Public Benefit**
The trustees of the Charity are aware of the Charity Commission’s guidance on public benefit and have had regard to it in their administration of the Charity.
## **Volunteers**
We have 20 volunteers who help with the various activities we run which include, the cultural food bank, blessing babies bank, sewing project, mental health and wellbeing programmes, and cleaning up the women’s resource centre.
## **Summary of the main achievements during the year**
During the year we received a grant from the National Lottery to support refugees and asylum seekers by providing cultural food and funding of the Babies Bank Project. During the period we successfully secured grant funding for 3 years from the National Lottery fund, as well as funding from Awards for All.
## **The charity’s policy on reserves**
The Charity does not have a reserve policy. In the past we didn’t see any need to have reserves but, in the future, we are working on means to do so.
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Signed on behalf of the Charity’s trustees:
31.
Fadzai 01.
Signed ________________ Date __________
Marks 202
2
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## **Independent Examiner’s Report to the trustees of TWOCO for the year ended 31 March 2022**
I report to the Charity trustees on my examination of the accounts of the charity for the period ended 31 March 2022 which are set out on pages 6 to 8.
## **Respective responsibilities of trustees and examiner**
As the Charity’s trustees of TWOCO you are responsible for the preparation of the accounts in accordance with requirements of the Charities Act 2011 (‘the Act).
I report in respect of my examination of TWOCO accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I 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 TWOCO as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts to not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
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.
01/02/2023 Signed _________________________ Date ______________________ Daryl Denson ACMA VAST
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## **TWOCO Receipts & Payments Account for the year ended 31 March 2022**
|**Receipts**
Donations
Grants
**Total receipts**
**Payments**
Donations
Wages
Rent
Equipment
Storage
Baby products
Food
Accountancy
Gifts
Printing, postage & stationery
Subscriptions
Telephone & mobile
Traveling expenses
Website
Advertising
Events
Bank charges
Computer running costs
Insurance
Legal & professional fees
Utilities
Office expenses, repairs & maintenance
Staff training
Sundries
**Total payments**
**Net receipts/(payments)**
Cash funds at start of this period
**Cash funds at end of this period**|Unrestricted
Funds
1,100
-
**1,100**
-
-
-
-
-
-
-
-
-
-
80
-
-
-
-
-
107
-
-
-
-
-
-
192
**379**
**721**
(529)
**192**|Restricted
Funds
-
61,799
**61,799**
-
16,094
6,378
3,726
110
988
5,795
396
37
671
265
1,087
1,908
430
754
100
-
243
1,362
530
320
3,205
875
541
**45,815**
**15,984**
918
**16,902**|**Total**
**2022**
**£**
1,100
61,799
**62,899**
-
16,094
6,378
3,726
110
988
5,795
396
37
671
345
1,087
1,908
430
754
100
107
243
1,362
530
320
3,205
875
733
**46,194**
**16,705**
389
**17,094**|Total
2021
£
1,174
34,919|
|---|---|---|---|---|
|||||36,093|
|||||100
8,919
5,203
7,598
3,227
1,234
13,831
1,220
90
424
254
395
2,737
54
-
-
-
-
-
-
-
-
-
118|
|||||45,404|
|||||(9,311)
9,700|
|||||389|
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TWOCO
SL*ement of Assets and Liabilities
at 31 March 2022
2022
2021
Cash Assèts
Bank accounts
17,094
17,094
389
389
These finan¢i813tstements are accepted on behalf of the Charity by:
Signed
D8ted 31.01. aols
## **TWOCO Notes to the Financial Statements for the year ended 31 March 2022**
## **1. Receipts & payments accounts**
Receipts and payments accounts are statements that summarise the movement of cash into and out of the Charity during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due. For the purposes of understanding a statement of assets and liabilities at the year-end has been included.
## **2. Trustees’ remuneration**
During the year, trustee Deborah Desiree Jandles received remuneration of £6,757 for her work as part of her role as project lead. She resigned as a trustee in August 2021.
## **3. Grants & donations**
|Awards for All
National Lottery Community Fund
Stoke-on-Trent City Council
Donations|2022
2021
£
£
8,500
-
50,299
34,919
3,000
-
1,100
1,174
**62,899**
**36,093**|
|---|---|
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