REGISTERED CHARITY NUMBER . 1151025 Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 November 2023 for ASSIST RESEThLEMENT AND RENAISSANCE Maga Consultants Ltd Chartered Management Accountants 41-3,Vicarage Road Smethwick West Midlands B67 7AG
ASSIST RESETTLEMENT AND RENAISSANCE Contents of the Financial Statements for the Year Ended 30 November 2023 Page Report of the Trustee Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 5t09
ASSIST RESETTLEMENT AND RENAISSANCE Re ort of the Trustees for the Year Ended 30 November 2023 The trustees present their report with the financial statements of the arity for the year ended 30 November 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their a unts ina rdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l J uary 2019). STRucfuRE, GOVERNANCE AND MANAGEMENT Governlng document The arity i ontrolled by its governing document, a deed of trust and constitutes nincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1151025 Principal address 47 KNOWLE WOOD ROAD DORRIDGE SOLIHUL West Midlands B93 8JN Trustees V SARVESWARAN CHAIR R JEYAPOORNABALA V SIVAKUMAR B R JOSEPH Kathirgamathamby Trustee (appointed 1.6.20 Dr M Shanmuganathan Trustee (appointed 20.4.20) Independent Examiner Maga Consultants Ltd Chartered Management Accountants 41- Vicarage Road Smethwick West Midlands B67 7AG Approved by order of the board of trustees behalf by: 07 December 2024 and si nedoni V.SARAVESWARAN-Trustee
Inde endent Examiners Re ort of the Trustees of ASSIST REESEThLEMENT AND RENAISSANCE Independent examiner's report to the trustee of ASSIST RESETfLEMENT AND RENAISSANCE I report to the charity trustees on my examination of the accounts of ASSIST RESErrLEMENT AND RENAISSANCE (the Trust) for the year ended 30 November 2023. Responsibllities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the account in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all 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 corne to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by section 130 of the Act: or 2. the accounts do not accord with those record5; or the accounts do not comply with the appllcable 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. Moses Devaruban ACMA CGMA Maga Consultants Ltd Chartered Management Accountants 41-3 , Vicarage Road Smethwick West Midlands 867 7AG Date:
ASSIST RESErrLEMENT AND RENAISSANCE Statement of Financial Artivities for the Year Ended 30 November 2023 30.11.23 Unrestricted fund 30.11.22 Total fund Notes INCOME AND ENDOWMENTS FROM Donations and legac 5,925 14,742 Activities for generating funds 63,252 Total 69,177 14,74 RESOURCES EXPENDED ON Charitable artlvlties Educational development Health re iveliho istants Charitable donation to Assist RR Srllanka her resources expended. 13,500 48,125 11,500 72,000 162 Total 72,162 73,128 NET INCOMES(EXPENDITURE) ,985 (58,385) RECONCILIATION OF FUNDS Total funds brought forward 40,088 98,473 TOTAL FUNDS CARRIED FORWARD 37,102 40,088
ASSIST RESETfLEMENT AND RENAISSANCE Balance Sheet 30 November 2023 30.11.23 Unrestrirted fund 30.11.22 Total fund Notes CURRENT ASSETS Cash at bank 37,702 40,688 CREDITORS Amounts falling due within one year {600) (600) NEf CURRENT ASSETS 37,102 40,088 TOTAL ASSETS LESS CURRENT LIABILITIES 37,102 40,088 NET ASSETS 37,102 40,088 FUNDS Unrestricted funds 37,102 40,088 TOTAL FUNDS 37,102 40,088 The financial statements were approved by the Board of Trustees and authorized for issue on 07 December 2024 and were signed on its behalf by: V SARVESWARAN-Trustee
ASSIST RESErrLEMENT AND RENAISSANCE Notes to the Financial Statements for the Yaar Ended 30 November 2023 I. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102,have been prepared in accordance with the charities SORP (FRS 102) 'Accounting and reporting by Charities . Statement of Recommended Practice appllcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) Financial Reportin8 Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland ' and the Charites Act 2011.The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Flnancial Actlvities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, It is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all cost related to the category, Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Taxatlon The charity Is exempt from tax on its charitable activities. Fund accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the Objects of the charitv. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund Is Included in the notes to the financial statements.
ASSIST RESETfLEMENT AND RENAISSANCE Notes to the Financial Statements-continued for the Year Ended 30 November 2023 2. RAISING FUNDS Raising donations and legacies 30.11.23 Unrestricted fund 30.11.22 Total fund Support costs 162 3. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 November 2022 Trustees, expenses There were no trustees, expenses paid for the year ended 30 November 2022 nor for the year ended 30 November 2021. 4. COMPARATIVE FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestrictec fund INCOME AND ENDOWMENTS FROM Donations and legacies 14,742 EXPENDITURE ON Charitable artivities Educational development Health care Livellhoods assistants Student sponsorship 13,500 48,125 11,500 Other resources expended. 73,128 Total NEf INCOME/(EXPENDITURE) (58,385) RECONCILIATION OF FUNDS Total funds brought forward 98,473 TOTAL FUNDS CARRIED FORWARD 40,088
ASSIST RESETfLEMENT AND RENAISSANCE Notes to the Flnancial Statements-continued for the Year Ended 30 November 2023 5. CREDITORS: AMOUNTS FALLING DUE WITTHIN ONE YEAR 30.11.22 30.11.21 Other credito 60 60 6. MOVEMENT IN FUNDS At .12.22 Net Movement in fun At 30.11.23 Unrestrlrted funds General fund 40,088 ,985) 37,102 TOTAL FUNDS 40,088 {2,985) 37,102 Net movement in funds, included in the above are as follows: Unrestricted funds ene fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 69,177 (72,162) 2,985) TOTAL FUNDS 69,177 ,162) (2,985) Comparatlves for movement In funds Net Movement funds At 30.11.2 01.12.21 Unrestrirted funds General fund 98,473 (58,38 40,088 TOTAL FUNDS 98473 (58,385) 40,088
ASSIST RESEThLEMENT AND RENAISSANCE Notes to the Financial Statements- continued for the Year Ended 30 November 2023 6. MOVEMENT IN FUNDS- continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 14,742 (73,128) (58,385) TOTAL FUNDS 14,742 (73,128) (58,385) A current year 12 months and prior year 12 months combined position is as follows: At 01.12.21 Net Movement In funds At 30.11.23 Unrestricted funds General fund 98,473 (61,371) 37,102 TOTAL FUNDS 98,473 (61,371) 37,102 A current year 12 months end prior year 12 months combined net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 83,919 (145,290) (61,371) TOTAL FUNDS 83,919 (145,290) (61,371)
ASSIST RESErrLEMENT AND RENAISSANCE Notes to the Financial Statements- continued for the Year Ended 30 November 2023 7. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 30 November 2023