## GIVING IZ LIVING
Report and Financial Statements for the year ended 31%t March 2021
GIVING IZ LIVING
Annual Report and Financial Statements for the year ended 31°* March 2021
## Contents
## Page No.
|1|Introduction|
|---|---|
|2-3|Report ofthe Trustees|
|4|Statement ofFinancial Activities|
|5|Statement ofYearEnd Assets and Liabilities|
|6—7|Notes to the Financial Statements|
|8|IndependentExaminer’sReport|
## GIVING IZ LIVING
Annual Report and Financial Statements for the year ended 31° March 2021
## The Trustees
—
Chairperson: Mrs Kirti Thakrar Treasurer: Mr Pankaj Tanna Trustees: Mr Deepak Thakrar Mrs Falguni Jobanputra Mr Nishit Kotecha
## Registered Office
2B Davenham Avenue Northwood Middlesex HA6 3HN
## Charity registration number
1153215
## Independent Examiner
David Simon Ltd Chartered Certified Accountants 5, Jardine House, Harrovian Business Village Bessborough Road Harrow on the Hill. HA1 3EX
## Bankers
NatWest Bank 37 Green Lane Northwood Middlesex. HA6 3AE
]
## GIVING IZ LIVING
## Report of the Trustees for the year ended 31% March 2021
The Trustees present their report and financial statements for the year ended 31‘' March 2021.
## Results
The statement of financial activities is set out on page 4 and shows the net income for the year.
## Constitution
Giving iz Living is registered with the Charity Commission, registration number 1153215. The charity’s affairs are governed by Declaration of Trust. The Trust Deed restricts the use of the Charity’s income, such that it must be applied solely towards the objects of the Charity.
## Tax status
The Charity is exempt from corporation tax and income tax.
## Principal objectives
The principal objectives and activities of the Charity are:
The prevention and relief of poverty and the protection, conservation and improvement of the environment anywhere in the world.
## Review of activities and future developments
Since the 1st of April 2020 to the 31' March 2021 the Charity has not been active due to other commitments of the charity trustees and volunteers.
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## Report of the Trustees for the year ended 31% March 2021
cont.
## Financial Review
In the Trustees’ view, the reserves should provide the charity with adequate financial stability and the means for it to meet its charitable objectives for the foreseeable future.
Whilst the charity is still in its early stages of growth, the trustees propose to get to a level, over the medium term, to maintain the charity’s reserves at a level which is at least equivalent to 12 months operational expenditure.
The trustees review the amount of reserves that are required to ensure that they are adequate to fulfil the charity’s continuing obligations on a quarterly basis at their finance meeting.
## Accounts Preparation
The Trustees confirm that the accounts comply with current statutory requirements and with those of the governing instrument.
Approved and signed on behalf of the trustees on 21 April 2022.
Chairperson Mrs Kirti Thakrar
a
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## Statement of Financial Activities for the year ended 31° March 2021
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Unrestricted|Restricted|Total|
|Funds|Funds|2020|
|£|£|£|
|Receipts|and|Payments|
|Receipts|
|Donations|=|:|-|
|Total|Receipts|-|-|-|
|Payments|=|:|=|
|Total|Payments|-|-|“s|
|Surplus|(Deficit)|for the year|an|a|ae|
**----- End of picture text -----**
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Statement of Assets and Liabilities at 31°‘ March 2021
||At|31.03.21|31.03.21|At 31.03.20|At 31.03.20|
|---|---|---|---|---|---|
|||-||£||
|Assets||||||
|Cash atBank||4,381||4,381||
|||4,381||4,381||
|Liabilities||||||
|Creditor|(|-|)|(
-|)|
|NetAssets|£4,381|||£4,381||
|Funds||||||
|Balance brought forward||4,381||4,381||
|Surplus for the Year:||||||
|Unrestricted Fund||-||-||
|Balancecarriedforward|£4,381|||£4,381||
Approved and signed on behalf of the trustees on 21 April 2022
brhkas. Chairperson Mrs Kirti Thakrar
Sosa Treasurer Mr P. Tanna
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## GIVING IZ LIVING
## Notes to the Financial Statements
## for the year ended
## 31° March 2021
## Accounting Policies
The Accounts have been prepared in accordance with the Statement of Recommended Practice “Accounting by Charities”
## Restricted and unrestricted funds
Funds received by the charity that are earmarked either by donation or by the terms of the grant for particular projects are accounted for as restricted funds. All other funds are unrestricted. On completion or closure of specific projects any remaining funds are transferred to the unrestricted fund.
## Income
Donations and income from fundraising activities are accounted for on a receipts basis.
## Voluntary help and gifts in kind
The charity benefits from many voluntary hours contributed by Trustees and supporters. It would be impossible to place a value on all the hard work & gifts in kind for which the charity is extremely grateful and without which much of its work could not be undertaken.
## Expenditure
All expenditure is included in the statement of financial activities on a payments basis with the exception of specific sizeable accruals or prepayments and has been classified under categories which most appropriately reflect the use of the resources.
## Value Added Tax
As the charity is unable to reclaim value added tax all expenditure in these financial statements is shown inclusive of value added tax.
## Depreciation and Stock
The charity has no depreciable assets and holds no stock.
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## Notes to the Financial Statements for the year ended
## 31° March 2021
cont.
## 1) Income and Expenditure (cont.)
|||Unrestricted|Unrestricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||Funds||Funds|||2020|
||||£||£||£|
|a)|Donations|||||||
|Donations — Other|||-||-||-|
|||£|-|£|-|£|-|
## b) Trustees’ remuneration
No trustees received any remuneration during the period.
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## Independent Examiner’s Report on the Receipts and Payments Accounts for the year ended
## 31° March 2021
## Registered charity number: 1153215
Report to the Trustees of the Giving iz Living on the accounts for the year ended 31*t March 2021 as set out on pages 4 to 7.
Respective As the charity’s Trustees you are responsible for the preparation of Responsibilities of the accounts; you consider that the audit requirement of Section Trustees and Examiner 43(2) of the Charities Act 1993 (the Act) does not apply. It is my responsibility to state on the basis of procedures specified in the General Directions given by the Charity Commissioners under Section 43(7)(b) of the Act, whether particular matters have come to my attention. Basis of Independent My examination was carried out in accordance with the general Examiner’s Report directions given by the Charity Commissioners. 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 I do not express an audit opinion on the view given by the accounts. Independent In accordance with my examination, no matter has come to my Examiner’s Statement attention. (1) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with Section 41 of the Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act have not been met, or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: “TDdenroSeQwnan eyTe DavidChartered SimonCertified Ltd Accountants, David Simon Ltd 5, Jardine House, Harrovian Business Village, Bessborough Road Harrow on the Hill HA1 3EX Date: 22 April 2022
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