Charity Registration No. 1151563 Company Registration No. 8372074
FWH Creations Charity Number 1151563
Trustees’ Report
for Year ending 30[th] April 2021
| INDEX TO REPORTS AND ACCOUNTS | INDEX TO REPORTS AND ACCOUNTS |
|---|---|
| 1. | Trustees’ Report ...................................................................................................................... 2 |
| 2. | Legal and Administrative Information ....................................................................................... 6 |
| 3. | Statement of Financial Activities ............................................................................................ 11 |
| 4. | Notes forming part of the Financial Statements for the year ended 30 April 2021 .................. 14 |
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1. Trustees’ Report
REPORT OF THE TRUSTEES FOR THE YEAR ENDING 30 APRIL 2021
The trustees are pleased to present their annual report together with the financial statements of the charity for the year ending 30 April 2021, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). They also comply with the charity’s Memorandum and Articles of Association and applicable law.
CHAIR’S REPORT
Covid-19 has dominated the year causing immense hardship for those in India and Nepal. April 2020 saw lockdowns in India so the unit at Jacob’s Well in Bangalore, India was unable to operate for some time. FWH Creations set up a GoFundMe appeal and was able to send grants to the team so that they could pay their rent and buy food. The time has been very difficult for them, as family members have lost jobs and they have tried to help support them.
Brenda has been able to carry on training via zoom. At the Nepal project, a garment was successfully produced this way for the international market. Molly has been working for 2 days for FWH Creations and keeping the presence on social media. She has also worked consistently with Brenda and Peter on the website and enabled there to be an on-line shop for the sale of fair trade products. Together Molly and Brenda produced a video for a presentation on-line at a church in Swindon.
The ownership and management of the Jacob’s Well unit was transferred to Beth as a new company. This entailed a lot of paper work for Brenda and she continues to advise Beth and care for the women.
FWH Creations has been able to provide grants for the staff at the Jacob’s Well unit to have their vaccines and has given grants for school fees for some of the women’s children.
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There were fewer opportunities for fundraising events but we managed to have two take away cream teas, which were very successful thanks to the generosity of everyone. Rugby Christmas Cracker (RCC) managed to broadcast the radio, and have a Take away café and evening meals. All profits from RCC were donated to FWH Creations.
Many thanks go to all the volunteers who gave up their time to support the work of the charity and we are also grateful to those who gave financially to support the work in the very poorest areas in Bengaluru and Nepal.
Thanks go to St Marks and St John’s Churches for their generous support of the work and PZA Systems Ltd for their continued support.
Thanks must especially go to Peter Anderson for the tremendous amount of work he does keeping the accounts, and facilitating the support of Brenda in so many ways.
Above all we want to acknowledge the tremendous work and commitment that Brenda herself gives to these marginalised women in India and Nepal so that they can receive the care, love and training to enable them to live a life of meaning and hope.
Finally, we would like to Praise God without whom none of the work would continue; it is Him who enables, guides and strengthens us to achieve the work that is done.
Katie Thomas, Chair
OBJECTIVES AND ACTIVITIES
Objectives
The Objects of the Charity, as set out in the Memorandum of Association are:
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the advancement of education amongst vulnerable persons worldwide;
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the relief of poverty; and
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the furtherance of the charitable work of the Charity by advancement of such other charitable purposes as the Trustees shall from time to time decide.
Aims
The Aims for FWH Creations are:
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To support and develop an ethically based tailoring project in India (Jacob’s Well) designed to deliver vocational training and employment particularly to vulnerable women. Jacob’s Well, is a member of the WFTO, producing Fair Trade Fashion products for clients around the world,
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To provide training and management expertise to grow Jacob’s Well and to equip, train, educate (and provide accommodation where applicable) both the employees of Jacob’s Well and other vulnerable people with skills to enhance their prospects.
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To use the Jacob’s Well model to assist other vocational centres (who are within the scope of its aims) in India and Nepal to develop self-supporting Business initiatives.
ACHIEVEMENTS AND PERFORMANCE
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The staff at Jacob’s Well were able to receive grants through a Gofundme campaign during the lockdown to support them with food and rent.
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Training for women at the Nepal project could continue despite traveling restrictions, through zoom so they were able to complete a garment for the international market.
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There was a complete revamp of the FWH Creations website including an on-line shop.
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The ownership and management of the Jacob’s Well unit was transferred to an Indian National, leaving Brenda free to develop training for other women in Nepal and investigate possibilities elsewhere.
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Grants were provided for Covid-19 vaccines for the Jacob’s Well staff
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Ongoing grants for School fees were continued for some of the children of the Jacob’s Well unit women.
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Computer lessons for the staff at the Jacob’s Well unit continued
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Training in couture and advanced pattern cutting started at the Jacob’s Well unit.
FINANCIAL REVIEW
Income and Expenditure
At the end of the seventh year of operation for the Charity, the Current Assets less Accounts payable was £7623.09. The income of the Charity was £53,391,77, made up of voluntary income of £52,178.00 and income from charitable activities of £1,209.71. During the year, the total expenditure was £61,848.18 and the main expenditure was in charitable activities of £60,040.84 (97.1%). The charity’s expenditure during the year was £9670.18 greater than income, this was primarily due to increased charitable grants (primarily related to Covid-19 ) and decreased income due to the Covid19 pandemic. The trustees agreed to a reduction in the charity’s reserves to support this.
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Principal funding sources
The charity is primarily funded by individual personal donations and the associated Gift Aid, together with donations from organisations such as churches and Rugby Christmas Cracker. In addition, several fund raising events were run to raise additional funds. The split of donations is shown in the following table for the 2020-21 and 2019-20.
| 2020-21 | 2019-20 | |||
|---|---|---|---|---|
| Amount Given per month | % of donors in | % of Giving | % of donors in | % of Giving |
| band | band | |||
| £10 or less per month | 42% | 3.4% | 35% | 2.4% |
| Between £10.01 and £25.00 per month | 20% | 4.1% | 22% | 4.2% |
| Between £25.01 and £50.00 per month | 16% | 8.4% | 23% | 10.9% |
| Between £50.01 and £100.00 per month | 10% | 10.2% | 10% | 8.4% |
| Greater than £100 per month | 12% | 20.5% | 10% | 25.9% |
| Gifts From Organisations | 39.7% | 32.8% | ||
| Other gifts | n/a | 3.0% | n/a | 3.2% |
| Gift AId | 10.7% | 12.1% |
Reserves Policy
At the end of the seventh year of operation of the Charity the reserve was around £7,600, though this does fluctuate significantly due to the variable dates of charity income. The charity’s reserves policy is to develop and then maintain reserves equivalent to three months normal expenditure. The reserves have dropped significantly due to the additional grants for Covid-19 and less income due to limited opportunities to sell products and lower gifts from RCC. This means that the reserves are currently inadequate and attention will be given to increasing them.
Grants Received
No grants were received during the year 2020-21, but sources of grants are being explored for future.
Grant Making Policy
A draft of a grant making policy has been developed.
FUTURE PLANS
Brenda plans to visit Nepal as soon as the Covid-19 restrictions permit. She plans to train women rescued from trafficking and other forms of abuse by forging links with NGOs and other charities. She aims to improve their tailoring skills and develop product designs for the international market.
Her goal this year is to check out local artisan’s in weaving and other materials, which can be used in the future for products, promoting the use of local businesses.
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2. Legal and Administrative Information
FWH Creations
Trustees Report for the year ended 30[th] April 2021
Reference and Administrative Information
Charity Name : FWH Creations Charity registration number: 1151563 Company registration number: 8372074 Registered Office: 6 Collingwood Avenue Bilton, Rugby, Warwickshire CV22 7EX Administrative address : 35 New Road Ahoghill, Ballymena, Co Antrim, BT42 2QL
Trustees
Mrs K Thomas Chair Mr P F Anderson Treasurer Mrs M Orange Ms P Hamilton Mrs K Pybus Resigned during year
Secretary
Mr P Thomas
Auditors - Mr Martin Burbidge, ACMA 116 Tennyson Avenue, Rugby, CV22 6JF Bankers - HSBC, 15 Church Street, Rugby, CV21 3PN Solicitors - Broomfields LLP Minerva House, 7 St John’s Business Park, Rugby Road Lutterworth, LE17 4HB
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STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Document
FWH Creations is a Company Limited by Guarantee with no share capital. It was incorporated on 23[rd] January 2013 and was registered as a charity with the Charity Commission on 8[th] April 2013. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.
Recruitment and Appointment of Trustees
The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as Trustees. Under the requirements of the Memorandum and Articles of Association the Trustees are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.
All Trustees give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts.
New trustees are identified from people who have an interest in the charity’s activities and have appropriate skills and/or experience.
Organisation
In line with the principles contained in legislation relating to Trustees, the Trustees are responsible for ensuring that the Charity meets the applicable requirements of charity laws and other relevant laws. The Trustees meet every three months to facilitate the smooth set up of the charity, but more recently have had meetings bimonthly. They agree the allocation of money, fundraising initiatives and grant applications; also the oversight of publicity including the website.
The charity has four trustees, each with an interest in the work of vocational training and education for the poorest and most marginalized people. They support the employees and volunteers working with the charity and ensure the aims and objectives of the charity are met. The Treasurer undertakes the day-to-day financial management of the Charity on behalf of the Trustees, and reports to the Trustees meetings the financial status and financial expenditure for the next period.
Risk Management
All major insurable risks are subject to normal Charity, Employer’s and Travel insurance. Risk assessments are undertaken as appropriate.
The trustees are committed to building up the charity’s reserves so that the work can expand and more people benefit from the training and education which it can offer. A healthy reserve will mean more funds are available for training and to buy and replace the necessary equipment and materials necessary to support the training. It will also ensure a continued uninterrupted programme and the most efficient use of the space and trainers.
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STATEMENT OF TRUSTEES RESPONSIBILITIES
Trustees’ responsibilities in relation to the financial statements
The charity trustees (who are also the directors of FWH Creations for the purposes of company law) are responsible for preparing a trustees’ annual report and financial statements. In accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Statement as to disclosure to our auditors
In so far as the trustees are aware at the time of approving our trustees’ annual report:
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there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the group’s auditor is unaware, and
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the trustees, having made enquiries of fellow directors and the group’s auditor that they ought to have individually taken, have each taken all steps that he/she is obliged to take as a director in order to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
Auditors
Mr M Burbidge ACMA was appointed as the charitable company’s auditors during the year and has expressed his willingness to continue in that capacity.
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This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in January 2015) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.
Approved by the Trustees on 11th February 2022 and signed on its behalf by:
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Mr P Anderson (Treasurer)
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a
Date “OD
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FWH Crnatlons Examlnerfs report for year Ending 3 Aprfl 2021 INDEPENDEpif EXAMINER'S REPORT TO THE TRUSTEES OF FWH CREATIONS I rewi on the aco)unts of tho ¢Y for Ihe year ended 30th 2021, knich are Set (yrt on pages 12 to 22. R• nslbllftlos of trusto05 and • The charitS trustees aro resFW)nsble for the preparatJn of the ac(x)unts. Tho charitys trustee3 consijer that an audit is not required for this uThJer SeCn 144 of the Chartss knt 2011 (the CharFbes Act) and that an indep8ndent exarninalK)n is n88d8d. Having Satisf myself that the tharity is not subi8d to audit ur¥Jer Part 16 of the Companiès A 20• and is elwible for independent exaMal)n. it is my respcffisibility to: exam8 the accounts under sectw)n 145 of the Charitie8 Acl to folk)w prc¢edures lavj in the g}eral DrectK)ns gfr•en by lh8 Charity Commissb)n (under sertK)n 145{5Xb) of lh8 Charit5 Act. to State ¥heth8r particular mattefs have rne to my attent#. In ndont oxamlnerfs stats My 8xamInan vra8 carrd out v) a(an[%) with Genernl Direcn8 gNen by the Charity CommissKJn. An examination Indudes a review of the aOUnting recoTd8 kept by the tharty and a comparison of the accounts present8d with thos8 rwJrds. ft also includes c#)nsideratDn of any unusual items or dis¢k)sures v) the aunts, and se8king explanatK)ns from th8 trust888 concemwig any such matters. Tho prrtodures wtdertaken do rnt provKle all the eVKlence Ihat wouhl b8 required in an audit, and (sequenty no oPn is gNen as to ether th8 accounts prwdent a 1rue and falf vi8w and the report is limiled to Ihose matt5 set cart w) th8 8tstement below. In ndent examln•rf$ In connectK)n ith my eXaminatn, no matter has (xxn8 to my att8nlk)n: 1. Vthh gNes m8 reasonab cause to believe that , any mat8rHI r8sFd, tho requTrrnents: to k88p accounting records n ardance Sec1K 130 of th8 Charilies Act; and to pr8par8 xcounts aco)rd with thé accountNYJ re(>)rds and c4)mpty wlth tho a(wunting requirements of th8 Charities A hav8 not been met: or 2. to which, in my opini)n, attentK)n shk1 dra ri order to anab a pY4)8r underntandrwJ of the accounts to bb reach Nwne: Mr Martn Burbijge, ACMA Mr Martin Burbhe, ACMA 116 Tennyson Avenuo. Rugby. CV22 6JF
3. Statement of Financial Activities
FWH Creations Statement of Financial Activities (including income and expenditure account) for year ending 30 April 2021
| Notes | Unrestricted funds Restricted funds Endow -ment funds Total funds Prior year total funds |
|---|---|
| Income and endowments from: Donations and legacies 1 Income from charitable activities 2 Investment income (other income) 3 Total income and endowments from: Expenditure on: Raising funds 4 Expenditure on charitable activities 5 Other expenditure 6 Total expenditure Net income / (expenditure) resources before transfer Transfers Gross transfers between funds - in Gross transfers between funds - out Other recognised gains / losses Gains / losses on investment assets Gains on revaluation, fixed assets, charity's own use Net movement in funds Total funds brought forward Total funds carried forward |
£36,243.00 £15,935.00 — £52,178.00 £51,779.30 £1,209.71 — — £1,209.71 £5,305.63 £4.06 — — £4.06 £13.68 |
| £37,456.77 £15,935.00 — £53,391.77 £57,098.61 £1,189.8 — — £1,189.80 £5,810.31 £39,222.04 £20,818.80 — £60,040.84 £50,470.32 £617.54 — — £617.54 £685.54 |
|
| £41,029.38 £20,818.80 — £61,848.18 £56,966.17 |
|
| (£3,572.61) (£4,883.80) — (£8,456.41) £132.44 £2,668.31 — — £2,668.31 £5,191.47 (£2,668.31) — — (£2,668.31) (£5,191.47) — — — — — — — — |
|
| £3,572.61 (£4,883.80) — (£8,456.41) £132.44 |
|
| £9,047.66 £7,031.84 — £16,079.50 £15,947.06 |
|
| £5,475.05 £2,148.04 — £7,623.09 £16,079.50 |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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FWH Creations Balance Sheet as at 30 April 2021
| Notes | 2020-21 2019-20 |
|---|---|
| Fixed assets Tangible assets 13 Fixed asset 14 Total Fixed Assets Current assets Stock 12 Debtors 16 Cash at bank and in hand 12 Total Current Assets Liabilities Creditors falling due within one year 17 Total Liabilities Total assets less current liabilities Creditors: falling due after more than 1 year 18 Total net assets The funds of the charity Unrestricted income funds 21 Restricted income funds 23 Total Funds of the Charity |
— — — — |
| — — |
|
| £2,360.45 £1,839.11 £117.00 £218.25 £8,205.90 £16,342.14 |
|
| £10,683.35 £18,399.50 |
|
| £740.26 - |
|
| £740.26 - |
|
| £9,943.09 £18,399.50 £2,320.00 £2,320.00 |
|
| £7,623.09 £16,079.50 |
|
| £5,475.05 £9,047.66 £2,148.04 £7,031.84 |
|
| £7,623.09 £16,079.50 |
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1
FWH Creations Cash Flows as at 30 April 2021
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|---|---|---|---|---|---|---|---|---|---|---|---|
|Notes|2020-21|2019-20|
|Cash|provided|by|(used)|in|operating|activities|24|(£8,140.30)|£1,459.66|
|Cash|flows|from|investing|activities|
|Interest|income|£4.06|£13.68|
|Purchase|of tangible|fixed|assets|||
|Cash|provided|by|(used|in)|investing|activities|£4.06|£13.68|
|Cash|flows|from|financing|activities|
|Repayment|of borrowing|—|~|
|Cash|used|in|financing|activities|||
|Increase|(decrease)|in|cash|and|cash|
|equivalents|in|the|year|
|Cash|and|cash|equivalents|at the|beginning|of the|year|£16,342.14|£14,868.80|
|Total|cash|and|cash|equivalents|at|the|end|of the|year|£8,205.90|£16,342.14|
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The trustees have prepared accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective! January 2015) and section 138 of the Charities Act 2011. These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes at pages 14 to 22 form part of these accounts
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FG
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Approved by the Trustees on 11th February 2022 and signed on its behalf by: P. Anderson, Treasurer
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4. Notes forming part of the Financial Statements for the year ended 30 April 2021
1. Accounting Policies
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year.
1.1 Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
1.2 Incoming resources
Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable accuracy.
Investment income is included in the accounts when receivable.
Income tax recoverable in relation to donations received under Gift Aid appears in the accounts in the same year as the gift to which it relates.
The charity benefits from many voluntary hours and unclaimed out-of-pocket expenses. The charity is extremely grateful for all these gifts in kind.
1.3 Resources expended
Expenditure is included on an accruals basis.
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
All costs are allocated between the expenditure categories on a basis designed to reflect the use of the resource.
1.4 Incoming Resources with Related Resources Expended
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the accounts.
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1.5 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
1.6 Fixed assets
The Charity currently has no fixed assets; however, all assets costing more than £1000 will be capitalised.
Depreciation is provided to write off the cost of fixed assets over their expected useful lives. It is calculated at the following rates.
Freehold land 0% p.a. Freehold buildings 2% p.a. straight line Fixtures, Fittings and Equipment 20% p.a. straight line Vehicles 25% p.a. reducing balance Electronic Equipment 25% p.a. straight line
1.7 Fund accounting
Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.
Designated funds – these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.
Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the charity. 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 accounts.
1.8 Stock accounting
Stocks are valued at the lower of cost and estimated net realisable value. Cost represents the cost of materials, freight and insurance that are required to bring it to its current condition and location. Provision is made where necessary for slow-moving, obsolete or defective stock
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Analysis of income and expenditure
1. Donations and legacies
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2020-21 | 2019-20 | ||
| 4100 | - Giving - Gift Aided | £6,429.00 | £1,380.00 | £14,286.00 | — | £22,095.00 | £25,202.65 |
| 4101 | - Giving - GA via Agency | £1,857.75 | £5,313.02 | — | — | £7,170.77 | £494.55 |
| 4102 | - Giving - Non Gift Aided | £3,222.14 | £12,613.20 | £840.00 | — | £16,675.34 | £19,962.98 |
| 4110 | - Miscellaneous Income | £ | — | — | — | £770.12 | £12.21 |
| 4200 | - Tax Recovered on Gift Aid | £4,641.52 | £16.25 | £809.00 | — | £5,466.77 | £6,106.91 |
| 4500 | - Grants - General | — | — | — | — | — | — |
| Total | £16,920.53 | £19,322.47 | £15,935.00 | — | £52,178.00 | £51,779.30 |
The income from donations and legacies was £52,178.00 (2019-20: £51,779.30) of which £36,243.00 was unrestricted (201920: £30,178.80) and £15,935.00 restricted (2019-20: £18,656.80). The difference between 2019-20 and 2020-21 was mainly due to the timing of some gifts and gifts from the GoFundMe which funded Covid-19 grants.
2. Income from charitable activities
| 4400 - Income from Sales of Fair Trade Products Total |
Total Unrestricted Designated Restricted Endowment 2020-21 2019-20 £1,209.71 — — — £1,209.71 £5,305.63 |
|---|---|
| £1,209.71 — — — £1,209.71 £5,305.63 |
3. Investment and Other income
| 4300 - Interest received Total |
Total Unrestricted Designated Restricted Endowment 2020-21 2019-20 £4.06 — — — £4.06 £13.68 |
|---|---|
| £4.06 — — — £4.06 £13.68 |
4. Expenditure on Raising funds
| 3100 - Fundraising Costs 5001 - Imported Fair Trade Goods 5300 - Expenses for Marketing - UK 7902 - Currency Charges Total |
Total Unrestricted Designated Restricted Endowment 2020-21 2019-20 — — — — — — £1,186.25 — — — £1,186.25 £5,627.18 — — — — — — £3.55 — — — £3.55 £183.13 |
|---|---|
| £1,189.80 — — — £1,189.80 £5,810.31 |
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5. Expenditure on charitable activities
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2020-21 | 2019-20 | |
| 2211 - Income Tax and NI | £2,108.60 | £985.40 | £3,207.80 | — | £6,301.80 | £7,008.04 |
| 2220 - Net Salaries | £6,242.00 | £7,750.48 | £16,841.44 | — | £30,833.92 | £24,484.02 |
| 2230 - Pensions | £4,364.40 | — | — | — | £4,364.40 | £4,569.04 |
| 2240 - Employer NI | — | — | — | — | — | — |
| 5200 - Provision of Charitable | — | — | — | — | — | £2,271.00 |
| Training - Overseas | ||||||
| 5210 - Training & Building overheads | £161.46 | £12,656.00 | £769.56 | — | £13,587.02 | £5,830.30 |
| for TRG | ||||||
| 7210 - Fuel/UK Travel | £72.85 | — | — | — | £72.85 | £398.59 |
| 7400 - Travel - Air Fare | — | — | — | — | — | £1,779.48 |
| 7401 - Travel - Non Air & Visa Costs | — | — | — | — | — | £249.23 |
| 7410 - Accommodation | — | — | — | — | — | £1,266.00 |
| 7420 - Medical | £127.96 | £27.12 | — | — | £155.08 | £22.05 |
| 7421 - Insurances | £1,717.97 | — | — | — | £1,717.97 | £1,606.66 |
| 7430 - Office supplies | £648.48 | — | — | — | £648.48 | £40.21 |
| 7431 - Telephone/internet etc | £318.07 | — | — | — | £318.07 | £184.29 |
| 7432 - Miscellaneous | — | — | — | — | — | £159.42 |
| 7433 - Postage | £518.52 | — | — | — | £518.52 | £64.84 |
| 7434 - Resources | — | — | — | — | — | £137.41 |
| 7440 - Hospitality | £11.56 | — | — | — | £11.56 | £147.54 |
| 7500 - Subscriptions | £48.72 | — | — | — | £48.72 | — |
| 7510 - IT Costs | £1,374.45 | — | — | — | £1,374.45 | £164.20 |
| 7600 - Charity Registration and Legal | £13.00 | — | — | — | £13.00 | £13.00 |
| Costs | ||||||
| 7650 - Accounts examination and | £75.00 | — | — | — | £75.00 | £75.00 |
| audit fees | ||||||
| Total | £17,803.04 | £21,419.00 | £20,818.80 | — | £60,040.84 | £50,470.32 |
Expenditure on charitable activities was £60,040.84 (2019-20: £50,470.32) of which £39,222.04 was unrestricted (201920: £26,865.13) and £20,818,80 was restricted (2019-20: £23,605.19).
6. Other expenditure
| . Other expenditure | . Other expenditure |
|---|---|
| 7460 - Course Fees 7900 - Bank Interest Paid 7901 - Bank Charges 8410 - Website 8510 - Equipment Purchases Total Expenditure On: Grand Totals (4+5+6) |
|
— — — — — — — — — — £48.76 — — — £48.76 £568.78 — — — £568.78 — — — — — |
|
| £617.54 — — — £617.54 |
|
| £19,610.38 £21,419.00 £20,818.80 — £61,848.18 |
Page 17 of 21
7. Analysis of Resources Expended
| Charity expenditure Costs in furtherance of the Charity’s objectives Fundraising, trading cost of goods sold and other costs Other resources used Governance Costs Total |
Staff Support Direct Costs Costs Costs £41,500.12 £18,452.72 -- £1,189.80 -- -- £617.54 -- -- £88.00 |
Staff Support Direct Costs Costs Costs £41,500.12 £18,452.72 -- £1,189.80 -- -- £617.54 -- -- £88.00 |
Total Total Depreciation 2020-21 2019-20 — £59,952.84 £50,382.32 -- £1,189.80 £5,180.31 -- £617.54 £685.54 — £88.00 £88.00 |
|---|---|---|---|
| £41,500.12 | -- £20,348.06 |
— £61,848.18 £56,966.17 |
8. Staff Costs and Numbers
| Gross wages, salaries, pensions and benefits in kind Employer’s National Insurance costs The average number of employees: Creative Director Social Media Manager |
Total 2020-21 Total 2019-20 £41,500.12 £36,061.10 -- -- |
Total 2020-21 Total 2019-20 £41,500.12 £36,061.10 -- -- |
Total 2020-21 Total 2019-20 £41,500.12 £36,061.10 -- -- |
|---|---|---|---|
| £41,500.12 £36,061.10 2020-21 2019-20 0.93 1.0 0.2 -- |
|||
| 1.13 | 1.0 |
No employees had employee benefits in excess of £60,000 (2019-20: nil). Pension costs are allocated to activities in proportion to the related staffing costs incurred and are wholly charged to unrestricted funds.
9. Trustees’ Remuneration and Expenses
Details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or
to third parties for expenses incurred by trustees.
| Number of trustees who were paid expenses | Total 2020-21 1 |
Total 2019-20 None |
|---|---|---|
The charity trustees were not paid or received any other benefits from employment with the Trust or its subsidiary in the year (2019-20: £nil). During the year one trustee was reimbursed by FWH Creations for a total of £3,359.46 for payments made on behalf of the charity (2019-20: £nil). No charity trustee received payment for professional or other services supplied to the charity (2019-20: £nil).
10. Auditors/Examiners Remuneration
Details of the amount paid for any statutory external scrutiny of accounts and other services provided by independent examiner or auditor
| Independent examiner services | Total 2020-21 £75.00 |
Total 2019-20 £75.00 |
|
|---|---|---|---|
| £75.00 | £75.00 |
Page 18 of 21
11. Corporation Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
12. Current assets – Stock, Cash at bank and in hand
| General Designated Restricted Endowment 2020-21 2019-20 |
|
|---|---|
| Current assets - Stocks and work in progress Stock Totals Current assets - Cash at bank and in hand HSBC Bank Current Account HSBC Bank Deposit Account HSBC Commercial Card Totals |
£2,360.45 — — — £2,360.45 £1,839.11 |
| £2,360.45 — — — £2,360.45 £1,839.11 £9,463.56 £1,443.07 (£7,171.96) — £3,734.67 £3,958.53 (£7,296.01) £2,500.00 £9,320.00 — £4,523.99 £12,409.93 (£52.76) — — — (£52.76) (£26.32) |
|
| £2,114.79 £3,943.07 £2,148.04 — £8,205.90 £16,342.14 |
13. Tangible Assets
None
14. Fixed Assets
None
15. Investments
Investments are purely from bank deposit accounts, see Note 5 for more details.
16. Debtors
| 16. Debtors | |||
|---|---|---|---|
| Gift Aid tax repayable 17. Creditors: Amounts falling due within one year Pension payments due 18. Creditors: Amounts Falling due after more than one year Personal unsecured loan |
Total 2020-21 £117.00 |
Total 2019-20 £218.25 |
|
| £117.00 Total 2020-21 £740.26 |
£218.25 Total 2019-20 — |
||
| £740.26 — Total 2020-21 Total 2019-20 £2,320.00 £2,320.00 |
|||
| £2,320.00 £2,320.00 |
Page 19 of 21
19. Unrestricted Funds of the Charity
| Fund General fund Designated funds COVIDGRT TRG-IND TRGLOC Total Unrestricted Funds |
Fund Balances Brought Forward Incoming Resources Outgoing Resources Transfers Gains and Losses Fund Balances Carried Forward £5,676.37 £18,134.30 £19,610.38 (£2,668.31) — £1,531.98 |
|---|---|
| £5,676.37 £18,134.30 £19,610.38 (£2,668.31) — £1,531.98 |
|
| £1,168.94 £8,270.83 £7,953.35 — — 1,486.42 £937.14 £10,255.39 £8,735.88 — — 2,456.65 £1,265.21 £796.25 £4,729.77 £2,668.31 — — |
|
| £3,371.29 £19,322.47 £21,419.00 £2,668.31 — **£3943.07 ** |
|
| £9,047.66 £37,456.77 £41,029.38 — — £5,475.05 |
20. Purposes of Designated Funds
COVIDGRT Covid-19 Grant: This a fund which uses income primarily from a goFundme fundraiser to provide support for under-privileged people in India with no other income during lockdown. TRG-IND: Donations for Training India . This is a fund which is designated for providing personnel to provide tailoring training to under-privileged people in India. TRGLOC: Training, Equipment and Premises. This is a fund which is designated to provide sponsorship for tailoring training to under-privileged people in India and Nepal and also to provide equipment such as sewing machines and the rent and running costs for the training premises.
21. Restricted Funds of The Charity
| Fund | Fund Balances Brought Forward Incoming Resources Outgoing Resources Transfers Gains and Losses Fund Balances Carried Forward |
|---|---|
| CRECHE JSM MGT-TRG Grand total |
£69.75 — £69.75 — — — £699.81 — £699.81 — — — £6,262.28 £15,935.00 £20,049.24 — — £2,148.04 |
| £7,031.84 £15,935.00 £20,818.80 — - £2,148.04 |
22. Purposes of Restricted Funds
CRECHE Donations for Creche provision. This is a fund which is to provide Creche facilities for the trainees while they are being trained.
JSM Jayne Storey Memorial Fund – This is a fund for donations in memory of Jayne Storey to support particular projects which were important to her.
MGT-TRG Support for Management and Training. These are funds for providing management and training expertise to the Jacob’s Well project for under-privileged people in India and projects in Nepal.
Page 20 of 21
23. Related Party Transactions
Total Outstanding Name Position Description Loan 2020-21 2019-20 P. Thomas Secretary Personal loan to FWH Creations £2,320.00 £2,320.00 £2,320.00
These personal unsecured loans are at 0% interest. Term of loan:
P. Thomas 5 years
24. Reconciliation of net movement in funds to net cash flow from operating activities
| 4. Reconciliation of net movement in funds to net cash flow from | operating activities |
|---|---|
| Net movement in funds Add back depreciation charge Deduct interest income shown in investing activities Decrease (increase) in stock Decrease (increase) in debtors Increase (decrease) in creditors Net cash provided by (used in) operating activities |
2020-21 2019-20 (£8,456.41) £132.44 — — (£4.06) (£13.68) (£521.34) £372.89 £101.25 £1,323.75 £740.26 (£355.24) |
| (£8,140.30) £1,459.66 |
Page 21 of 21