GIVING IZ LIVING Report and Flnancial Statements for the year ended 31" March 2023
GIVING IZ LIVING Annual Report and Flnancial Statements for the year ended 31$t March 2023 Contents eNo. Introduction Report of the Trustees Statement of Financial Activities Statement of Year End Assets and Liabilities Notes to the Financial Statements Independent Examiner's Report
GIVING IZ LIVING ADnu21 Report and Financial Statements for the year ended 31" March 2023 The Trustees Chairperson.. Mrs Kirti Thakrar Treasurer.. Mr Pankaj Tanna Trustees: Mr Deepak Thakrar Mrs Falguni Jobanputrd Mr Nishit Kotecha istered Office 2B Davenham Avenue Northwood Middlesex HA6 3HN Chari re istration number 1153215 Inde endent Examlner DavTd Simon Ltd Chartered Certified Accountants 5. Jardine House, HatTovian Business Village Bessborough Road Harrow on the Hill. HAI 3EX Bankers Natwest Bank 37 Green Lan¢ Northwood Middlesex. HA6 3AE
GIVING IZ LIVING Report of the Trustees for the year ended 31" March 2023 The Trustees presenl their report and financial statements for the year ended 31" March 2023. Results The statement of financial activities is set out on page 4 and shows th¢ net income for the yw. Constitutlon 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 applled solely towards the objects of the Charity. Tax status The Charity is exempt from corporation tax and income lax. Princlpal objectlves The principal objectives and activities of th¢ Charity are.. The prevention and relief of poverty and the protection. conservation and improvement of the environmenl anywhere in the world. Review of acdvitles and future developments Since the I st of April 2022 to th¢ 31. March 2023 the Charity has not been active due to oth¢r commitments of the charity trustees and volunteers.
GIVING IZ LIVING Report of the Trustees for the year ended 31" March 2023 cont. Financial Review In the TnLStees' view. the reserves should Provide the charity with adequate financial stability and the means for it to meet its charxtable objectives for the foreseeable future. Whilst the charity is slill in its early stag¢s of growth, the trustees propose to get to a level. over the medium terni, to maintain the charity's reserves at a level which is ai 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 confirn) that the accounts comply with current statutory requirements and with those of the governing instrument. Approved and signed on behalf of the trust¢¢s on 20 January 2025. Chairperson Mrs Kirti Thakrar
GIVING IZ LIVING Statement of Financial Actlvities for the year ended 31" March 2023 Unrestricted Funds Restrlcted Funds Total 2021 Recei ts and Pa ments Recel ts Donations 1,807 Total Receipts 1,807 ments Total Payments Surplus IDeficfit) for the year £1,807
GIVING IZ LIVING StAtement of Assets and Liabilities st at 31 March 2023 At 31.03.23 At 31.03.22 Assets Cash at Bank 3,060 1,253 3.060 1,253 Llabllltles Creditor Net Assets £3,060 £1,253 Funds Balance brought forward 1,253 4,381 Surplus for the Year.. Unrestricted Fund 1,807 (3,128) Balance carrled forward £3,060 £1,253 Approved and stgned on behalf of the trustees on 20 January 2025 ChalersOn Mrs Kirti Thakrar Treasurer Mr P. Tanna
GIVING IZ LIVING Notes to the Financial Statements for the year ended 31" March 2023 Accountin Policies The Accounts have been prepared in accordance with the Statement of Recommended Practice "Accounting by Charities" Restricted and unrestrict¢d funds Funds received by the charity that are earn]arked either by donation or by the temis of the grant for particular projects are accounted for as restricted funds. All other funds are unreslricted. On ompletion or closure of specific projects any remaining ndS are transferred to the unrestricted fund. Income Donations and income from fundraising activities are accounted for on a receipts basis. Volun hel and ifts in kind The charity benefits from many voluntary hours contributed by Trustees and supporters. It would be impossible lo plac¢ 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. enditure All expenditure is included in the statement of financial activilies 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 r¢claim value added tax all expenditure in these financial statements is shown inclusive of value added tax. r¢ciation and Stock The charity has no depreciable assets and holds no stock.
GIVING IZ LIVING Notes to the Financial Statements for the year ended 31" March 2023 cont. l ) Income and Expenditure (cont.) Unrestritted Funds RestrLcted Funds Total 2021 Donations Donations - Other ,807 £1,807 b) Trustees, remuneration No (rustees received any remun¢ration during the period.
GIVING IZ LIVING Independent Examiner's Report on the Receipts 2nd Payments Accounts for the year ended 31st March 2023 Reglstered charity number: 1153215 R¢port to the Trustees of the Giving iz Living on the accounts for the year end¢d 31" March 2023 as set out on pages 4 to 7. Respective As the charity's Trustees you are responsible for ihe 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 nol apply. It is my responsibility to state on Ihe 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 Indcpendent Examiner's Report My examination was carried out in accordance with the general 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 prescnted with those records. 11 also includes Consideration of any unusual item5 or disclosure5 in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not PTovide 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. Indcpcndent Examiner's Statemen¢ In accordanc¢ with my examination, no matter has come 10 my attention.. ( l ) which gives me reasonable cause to believe that in any matcrial respect the requirements to keep accounting records in accordance wilh Section 41 of the Act. and to prepare accounts which accord with the accounting records and to comply with the accounling requirements of the Act have not been m¢t, or (2) to which, in my opinion, artenlion should be drawn in order to enable a proper understanding of the accounts to be reached. David Simon Ltd Chartered Certlfied Aceount2nts, 5, Jydrdine House, Harrovian Busin¢s$ Villag Bessborough Road Harrow on the Hill HAI 3EX Slgned: r4 David Simon Ltd Date: 20 January 2025