Registered with the Charity Commission for England and Wales number 1149672
LOOK AROUND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021
Look Around
Financial statements for the year ended 30 June 2021
| Contents | Pages |
|---|---|
| Trustees’ annual report | 1-3 |
| Independent Examiner’s report on the financial statements | 4-5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 |
General information
Charity number
Registered with the Charity Commission for England and Wales number 1149672
Address
39a Victoria Road, Ruislip, HA4 9AB
Bankers
Metro Bank, Unit E, 3 Babbage Gate, Milton Keynes, MK10 9SU
Independent Examiner
Darja Malogoloveca, 130 Manor Way, Ruislip, HA4 8HR
Look Around
Trustee’s annual report for the year ended 30 June 2021
The trustees present their report on Look Around, the “charity”, together with the financial statements of the charity for the year ended 30 June 2021.
OBJECTIVES AND ACTIVITIES
The Look Around is a charity registered with the Charity Commission for England and Wales number 1149672 whose objects are to:
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advance Christianity in the UK by spreading the gospel (evangelising) and supporting those who do the same. This includes preaching and praying in public, visiting prisons, hospitals, orphanages, schools, and universities, and facilitating and supporting existing Christians and/or Christian organisations, or other Christian places of worship.
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prevent or relieve poverty in the UK by providing grants, items, and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
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preserve health and/or relieve sickness and/or assist in the treatment and care of persons suffering from mental or physical illness of any description or in need of rehabilitation because of such illness, by the provision of facilities, support services and equipment to those who need it.
In addition, the Covid-19 pandemic put immense pressure on the community’s mental health ,
causing drug and alcohol abuse to double , therefore we set out three priorities for our work in 2020/21
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We want to help drug and alcohol addicted individuals make a full recovery through a multi-phased, long-term programme of social rehabilitation ‘Exodus’ recovery.
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We want to prevent drug and alcohol abuse amongst children and young people.
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We want to help restore families within the community by providing counselling and support for codependent family members; by helping with employment and debt relief advise.
The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the trust’s aims and objectives and in planning future activities and setting policy for the year.
ACHIEVEMENTS AND PERFORMANCE
After being set up in 2012 by the original Board of Trustees, the charity has been active until 2018 and then discontinued its work. In August 2020, the board decided to hand over the ownership of the charity to a new Board of Trustees (please see page 3). Look Around began its work as a new charity under the new board, building on pre-existing aims of the charity.
“Therefore go and make disciples of all nations…teaching them to obey everything I have commanded you. And surely I am with you always, to the very end of the age.” (Matthew 28:19-20) This is a great commission of Jesus Christ which has become a foundation of our charity Look Around.
The chosen name ‘Look Around’ has its significance and deep meaning: it poses a question, we ask for people to look around and see beyond the threshold of their own lives, to recognise that there are people in great need who are desperate for their help. This issue has given birth to our centralised aim, to connect those who are in need to those who want to help. As a charity, we join our forces to help less advantaged people: disabled, orphans, people struggling with drug and alcohol addiction, prisoners, and people who live in extremely poor conditions. Our compassion for the broken is deeply rooted in our Christian values. We believe that every person deserves to be given a hand of help, especially those who have been forgotten and ignored by society. Through this, we aim to restore broken homes, protect young people from the dark underbelly of society and gift those in desperation with a second chance in life.
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Look Around
Trustee’s annual report for the year ended 30 June 2021
After receiving HMRC recognition in March 2021, the charity has officially begun its fundraising campaigns and financial activity. The charity achieved net incoming resources of £26,986 for the year.
The trustees consider the charity’s period end financial position and the results above to be satisfactory and expect that the present level of activity will be maintained and increased for the foreseeable future.
We received donations from few people. The money was used on building the charity’s online profile and developing a fundraising strategy to increase the charity’s prospects in the foreseeable future.
Donations made it possible to fund our work with the drug and alcohol addicted, in particular, homeless outreaches, visits to families and individuals struggling with addiction and in need of help.
The donations also went towards the organisation of community events to bring the community together post lockdown and raise awareness about mental health and addiction.
Look Around provided a support grant to Christian Mission Church London to help the ministry, which aligns with the charity’s Christian foundation.
As stated in our aims, we also desire to help those in extreme poverty fighting with various health diseases, we have raised funds for an operation for a child in Russia who has been diagnosed with brain cancer and desperately needed treatment in Moscow.
Our plan for 2021/2022
We aim to continue growing and expanding with the ways we achieve objects of the charity. Our focus will remain on tackling the issue of addiction within our communities, expanding the capacity of the faith-based recovery centre for drug and alcohol addicted ‘Exodus’. We aim to grow our donor base, attract corporate sponsors, apply for grants, and continue working with local authorities to raise funds and awareness for our cause.
FINANCIAL REVIEW
The charity’s principal source of funds is donations.
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Look Around
Trustee’s annual report for the year ended 30 June 2021
The trustees have adopted a reserves policy which they consider appropriate to ensure the continued ability of the charity to meet its objectives and obligations.
STRUCTURE, GOVERNANCE, AND MANAGEMENT
The charity was formed by constitution dated 25 June 2012. The governing body of the charity is committee which meets at least 10 times per annum. Subject to the constitution, trustees may be elected by members at an Annual General Meeting and co-opted by the committee. Trustees retire at the end of the Annual General Meeting next after their appointment but shall be eligible for re-election at that Annual General Meeting.
THE TRUSTEES
The trustees who managed the affairs of the charity during its financial year 2020/2021 were as follows:
Mr Vasily Strelnikov (Chairman) Chairman from 1 July 2020 Mrs Yuliya Strelnikova (Treasurer) Treasurer from 1 July 2020 Mrs Olga Ostapenko (Secretary) Secretary from 1 July 2020 Mrs Elvira Prokofieva (Appointed 20 October 2020) (Appointed 20 October 2020) Mr Vitaliy Popovych
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently.
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make judgements and estimates that are reasonable and prudent.
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue its activities.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005). They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
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Look Around
Trustee’s annual report for the year ended 30 June 2021
RISK AND INTERNAL CONTROL
The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reassurance that:
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its assets are safeguarded against unauthorised use or disposition;
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proper records are maintained and financial information is reliable; and
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the charity complies with relevant laws and regulations.
As part of the charity’s risk management process the trustees acknowledge their responsibility for the charity’s system of internal control and reviewing its effectiveness. It is also recognised by the trustees that such a system is designed to manage rather than eliminate the risk of failure to achieve the charity’s objectives and can only provide reasonable, not absolute, assurance against material misstatement or loss.
INDEPENDENT EXAMINER
The trustees will place a resolution at the annual general meeting to appoint Darja Malogoloveca as an Independent Examiner for the ensuing financial year.
Approved by the trustees and signed on their behalf by:
....................................................
Mrs Olga Ostapenko (Secretary)
4 Titan Terrace, Oakgrove, Milton Keynes, Buckinghamshire, MK10 9UN
Date: 12/10/21
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Look Around Independent examiner’s report
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Act.
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to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Act; and
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to state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER’S STATEMENT
In connection with my examination, it can be concluded that,
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(1) trustees have met the requirements to ensure that:
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proper accounting records are kept in accordance with section 130 of the Act; and
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accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
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(2) the accounts can be reached.
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DARJA MALOGOLOVECA
Date: 12/10/2021
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Look Around
Statement of financial activities for the year ended 30 June 2021
| Unrestricted funds | ||
|---|---|---|
| Year ended 30 June | ||
| 2021 | ||
| Notes | £ | |
| Incoming resources | ||
| Incoming resources from generated funds: | ||
| • Voluntary income | 591 | |
| • Activities for generating funds | 26,395 | |
| • Investment income | - | |
| Incoming resources from charitable activities | - | |
| Other incoming resources | - | |
| Total incoming resources | 26,986 | |
| Resources expended | ||
| Costs of generating funds | ||
| • Costs of generating voluntary income | 3,329 | |
| • Fundraising trading costs | - | |
| • Investment management costs | - | |
| Charitable activities | 6,610 | |
| Governance costs | - | |
| Other resources expended | - | |
| Total resources expended | 9,939 | |
| Net incoming resources | 17,047 | |
| Total funds carried forward | 17,047 |
All of the activities of the charity are classed as continuing. All gains and losses in the year are included above.
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Look Around Notes for financial statement year ended 30 June 2021
| 30 June 2021 | ||
|---|---|---|
| Notes | £ | |
| Current assets | ||
| Debtors | - | |
| Cash at bank on hand | 17,047 | |
| Total current assets | ||
| Creditors: amounts falling due within one year | - | |
| Net curent assets. | 17,047 | |
| Net assets | 17,047 | |
| Funds of the charity | ||
| Unrestricted funds | 17,047 | |
| Total funds | 17,047 |
These financial statements were approved by the all participates on 12 October 2021 and signed on their behalf by:
| These financial statements were signed on their behalf by: |
approved by the all participates |
|---|---|
| ----------------------------- | --------------------------- |
| Vasily Strelnikov | Yuliya Strelnikova |
| Chairman | Treasurer |
Date: 12/10/2021
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Look Around Notes for financial statement year ended 30 June 2021
1 . Accounting policies
The principal accounting policies which have been applied in dealing with items which are considered material in relation to the charity’s financial statements are set out below. The accounting policies have been applied consistently throughout the year.
Basis of preparation
Receipts and payments method of preparation adopted as charity has a gross income less than £250,000 during the year. It consists of an account summarising all money received and paid out by the charity in the financial year, and a statement giving details of its assets and liabilities at the end of the year. Accounts prepared in accordance with the 2008 Regulations and the applicable SORP.
Accounting records
Look Around maintains accounting records as required by Part 8 of the Charities Act. Annual statements prepared according to records in which transactions and events with all the relevant invoices, receipts and other associated documentation.
2. Contracts and commitments
No capital expenditure had been contracted for as at 30 June 2021.
3. Contingent liabilities
The Look Around had no contingent liabilities as at 30 June 2021.
4. Control
The Look Around charity is not under the control of any other party.
5. Trustees’ remuneration and related party transactions
Trustees make donations to the charity and do not reclaim out of pocket expenses.
6. Taxation
The charity is a registered charity and accordingly is exempt from taxation on its income and gains where they are applied for charitable purposes.
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