COMPANY REGISTRATION NUMBER: 08604841 CHARITY REGISTRATION NUMBER: 1153619
THE UNITY OF FAITHS FOUNDATION Company Limited by Guarantee Unaudited Financial Statements
31 July 2023
RMR PARTNERSHIP LLP
Chartered Accountants 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Financial Statements
Year ended 31 July 2023
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 5 |
| Statement of financial activities (including income and | |
| expenditure account) | 6 |
| Statement of financial position | 7 |
| Notes to the financial statements | 8 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 16 |
| Notes to the detailed statement of financial activities | 17 |
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 July 2023
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 July 2023.
Reference and administrative details
Registered charity name THE UNITY OF FAITHS FOUNDATION Charity registration number 1153619 Company registration number 08604841 Principal office Penthouse 11-22 Stafford Court Kensington High Street London W8 7DJ Registered office 104 college Road Vyman house Harrow London HA1 1BQ The trustees Ms A Prior G S Malhi Dr S Talwar Fridjon Fridjonsson Darren william Brown J S Satish Edwin Shukar Peter Bennetts Harinder Bath Grace Bian Mr D Roberts Independent examiner RMR Partnership LLP 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
1
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 July 2023
Structure, governance and management
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2016.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Objectives and activities
The charity's objects are specifically restricted to the following
the promotion of religious harmony and understanding between people of different faiths worldwide by bringing community and religious organisations together,the advancement of education in the diversity of faiths,to remove misconceptions and prejudice and any other purposes which are exclusively charitable according to the laws of England and Wales.
Public Benefit
ln planning The Unity of Faith Foundation (TUFF) activities for the year the trustees have in mind the Charity Commission's guidance on public benefit.
The Trustees have reviewed TUFF's activities in relation to the public benefit requirement and consider that the activities of the Charity meet the two main principles of public benefit, (i) that the benefits are identifiable and are related to the aims of the Charity. (ii) The public are the beneficiaries and that there is no significant exclusion as to who can benefit.
The focus of TUFF's activities during the year, which explains the delivery by TUFF of public benefit, is set out below under Achievements and Performance.
2
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 July 2023
Achievements and performance
TUFF educational Project operated in other areas creating opportunities for many youth and their families to join and better integrate into their communities.The project has been piloted in other countries like Australia,India and Iceland.
TUFF has also started mental health music projects in Liverpool and connecting the city with Memphis and Nashville in USA.
The Road to Memphis" the world's largest music-based mental health project.
"The Road to Memphis" officially kicked off at the Stax Museum last month with a live stream to UK Parliament as well as musicians from all over the world and Liverpool city.
The new project (conceived by TUFF - global charity) underway includes an international song contest that showcases talent and emotional expression through music while promoting mental health and creating access to free care sessions for musicians and songwriters.
Over 20,000 musicians from 30 different countries participated last year and 4000 were supported with free mental health sessions. That number is expected to be doubled this year.
This allows Memphis to be a hub of both music legacy and mental health while helping them through situations they otherwise would not receive help with. TUFF is also leading a bid for Memphis to become a UNESCO city of music.
The TUFF Cricket project is in Feltham Prison teaching 15- 21 years old how to become better citizens and create pathways for them not to re-offend.
TUFF'S Educational football project has expanded into other sports for example Cricket and Boxing in Greenwich.
Thus we were the pioneers of reintroducing kindness and bringing into the fabric of our global society.
The charity has secured funding and continues to increase the participation of young people to help them find their positive pathway through music, sports and arts.
Financial review
The report is stated on page number 6.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
3
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 July 2023
The trustees' annual report was approved on 30 July 2024 and signed on behalf of the board of trustees by:
Dr S Talwar
Trustee/Director
4
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of THE UNITY OF FAITHS FOUNDATION
Year ended 31 July 2023
I report to the trustees on my examination of the financial statements of THE UNITY OF FAITHS FOUNDATION ('the charity') for the year ended 31 July 2023.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
RMR Partnership LLP Independent Examiner 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
5
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 July 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 37,546 | – | 37,546 | 69,654 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total income | 37,546 | – | 37,546 | 69,654 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 144,969 | – | 144,969 | 63,917 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total expenditure | 144,969 | – | 144,969 | 63,917 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Net (expenditure)/income and net | |||||
| movement in funds | (107,423) | – | (107,423) | 5,737 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 1,783 | (2,617) | (834) | (6,571) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| Total funds carried forward | (105,640) | (2,617) | (108,257) | (834) | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 8 to 14 form part of these financial statements.
6
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Statement of Financial Position
31 July 2023
| 2023 | 2022 | ||
|---|---|---|---|
| Note | £ | £ | |
| Fixed assets | |||
| Tangible fixed assets | 11 | 743 | – |
| Current assets | |||
| Cash at bank and in hand | 1,146 | 8,892 | |
| Creditors: amounts falling due within one year | 12 | 110,146 | 9,726 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ||
| Net current liabilities | 109,000 | 834 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ||
| Total assets less current liabilities | (108,257) | (834) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ||
| Net liabilities | (108,257) | (834) | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ||
| Funds of the charity | |||
| Restricted funds | (2,617) | – | |
| Unrestricted funds | (105,640) | (834) | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ||
| Total charity funds | 13 | (108,257) | (834) |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶ |
For the year ending 31 July 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorised for issue on 30 July 2024, and are signed on behalf of the board by:
Dr S Talwar Trustee/Director
The notes on pages 8 to 14 form part of these financial statements.
7
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 July 2023
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 104 college Road, Vyman house, Harrow, London, HA1 1BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The Trustees have prepared the financial statement on the going concern basis after assessing the principal risk and considering the likelihood of success in raising the funds.
The charity is dependent upon funding provided during the year by one the trustees, Anna Prior. The account shave been prepared on a going concern basis on the assumption that the trustee will continue the funding until grants and donations are received.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
8
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
-
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
9
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
3. Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment - 33% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
4. Limited by guarantee
The company is limited by guarantee and has no share capital.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 27,992 | – | 27,992 |
| In Kind Donations | 9,554 | – | 9,554 |
10
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
5. Donations and legacies (continued)
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Sponsorship | |||
| National lottery grant | – | – | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 37,546 | – | 37,546 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 44,038 | 2,617 | 46,654 |
| In Kind Donations | 13,000 | – | 13,000 |
| Sponsorship | |||
| National lottery grant | 10,000 | – | 10,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 67,038 | 2,617 | 69,654 | |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
6. Expenditure on charitable activities by fund type
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
|---|---|---|---|---|
| Funds | 2023 | Funds | 2022 | |
| £ | £ | £ | £ | |
| Charity activity | 143,428 | 143,428 | 62,377 | 62,377 |
| Support costs | 1,541 | 1,541 | 1,541 | 1,540 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 144,969 | 144,969 | 63,918 | 63,917 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
7. Expenditure on charitable activities by activity type
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Grant funding | Total funds | Total fund | |||
| directly | of activities Support costs | 2023 | 2022 | |||
| £ | £ | £ | £ | £ | ||
| Charity activity | 13,854 | 129,574 | – | 143,428 | 62,377 | |
| Governance costs | – | – | 1,541 | 1,541 | 1,540 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | ||
| 13,854 | 129,574 | 1,541 | 144,969 | 63,917 | ||
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ |
8. Net (expenditure)/income
Net (expenditure)/income is stated after charging/(crediting):
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Depreciation of tangible fixed assets | 21 ৶৶৶৶ |
840 ৶৶৶৶ |
11
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
9. Independent examination fees
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Fees payable to the independent examiner for: | ||
| Independent examination of the financial statements | 1,540 ৶৶৶৶৶৶৶ |
1,540 ৶৶৶৶৶৶৶ |
10. Trustee remuneration and expenses
The trustees represent the key management personnel for the charity.
Other than payment for professional services provided as stated in Note 14 None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
11. Tangible fixed assets
| Equipment | ||
|---|---|---|
| £ | ||
| Cost | ||
| At 1 August 2022 | 2,519 | |
| Additions | 764 | |
| ৄৄৄৄৄৄৄ | ||
| At 31 July 2023 | 3,283 | |
| ৶৶৶৶৶৶৶ | ||
| Depreciation | ||
| At 1 August 2022 | 2,519 | |
| Charge for the year | 21 | |
| ৄৄৄৄৄৄৄ | ||
| At 31 July 2023 | 2,540 | |
| ৶৶৶৶৶৶৶ | ||
| Carrying amount | ||
| At 31 July 2023 | 743 | |
| ৶৶৶৶৶৶৶ | ||
| At 31 July 2022 | – | |
| ৶৶৶৶৶৶৶ | ||
| Creditors: amounts falling due within one year | ||
| 2023 | 2022 | |
| £ | £ | |
| Accruals and deferred income | 5,860 | 5,720 |
| Other creditors | 104,286 | 4,006 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| 110,146 | 9,726 | |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶ |
12. Creditors: amounts falling due within one year
12
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
13. Analysis of charitable funds Unrestricted funds
| Unrestricted funds | ||||
|---|---|---|---|---|
| At | ||||
| 1 August 202 | At | |||
| 2 | Income | Expenditure | 31 July 2023 | |
| £ | £ | £ | £ | |
| General funds | 1,783 | 37,546 | (144,969) | (105,640) |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶৶ | |
| At | ||||
| 1 August 202 | At | |||
| 1 | Income | Expenditure | 31 July 2022 | |
| £ | £ | £ | £ | |
| General funds | (3,954) | 67,038 | (63,918) | (834) |
| ৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | ৶৶৶৶ | |
| Restricted funds | ||||
| At | ||||
| 1 August 202 | At | |||
| 2 | Income | Expenditure | 31 July 2023 | |
| £ | £ | £ | £ | |
| Restricted Fund 1 - desc in a/cs | (2,617) | – | – | (2,617) |
| ৶৶৶৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶ | ৶৶৶৶৶৶৶ | |
| At | ||||
| 1 August 202 | At | |||
| 1 | Income | Expenditure | 31 July 2022 | |
| £ | £ | £ | £ | |
| Restricted Fund 1 - desc in a/cs | (2,617) ৶৶৶৶৶৶৶ |
2,617 ৶৶৶৶৶৶৶ |
– ৶৶৶৶ |
– ৶৶৶৶ |
13
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 July 2023
14. Related parties
During the year the following payments were made to trustees for professional services
1) Fees of £71,201(2022:£14,687) were paid to Dr Shamender Talwar in respect of consultancy services provided to the charity in connection with prevention of falls and injuries during training and playing.
Dr S Talwar is a trustee of the charity and proprietor of S Talwar Consultancy Services.
2) Fees of £ 500(2022: NIL) were paid to Kins Med Ltd in respect of advisory services provided to the charity in connection with an on-going mental health charity project.
Mr Peter Bennet is a trustee of the charity and joint shareholders of Kins Med Ltd.
3) Fees of £17,730(2022: NIL) were paid to G3 Group in respect of work expeses (Stationary and office supplies, food, Venue hire, Car, Travel) provided to the charity in connection with an ongoing The road to memphis project.
Mr Daniel Roberts is a trustee of the charity and propriter of G3 group.
Loan to the Charity - loan of £ 98,386 (2022: £4,006) has been given to the charity by Ms Anna Prior to bridge the period until funding is received from USA. This loan was to fund the expenses of the TUFF project in Tennessee titled -"The Road to Nashville". The loan in interest free and repayable on receipt of funds from Tennessee State USA.
Loan to the Charity - loan of £ 5,900 (2022: Nil) has been given to the charity by Edwin Shukar to bridge the period until funding is received from USA. This loan was to fund the expenses of the TUFF project in Tennessee titled -"The Road to Nashville". The loan in interest free and repayable on receipt of funds from Tennessee State USA.
14
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Management Information Year ended 31 July 2023
The following pages do not form part of the financial statements.
15
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 July 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 27,992 | 46,654 |
| In Kind Donations | 9,554 | 13,000 |
| National lottery grant | – | 10,000 |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 37,546 | 69,654 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total income | 37,546 | 69,654 |
| ৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Purchases | 3,666 | 7,537 |
| Rent | 9,550 | 13,000 |
| Other establishment | 4,207 | 7,181 |
| Other motor/travel costs | 3,220 | 3,199 |
| Legal and professional fees | 1,541 | 1,932 |
| Telephone | 166 | – |
| Other office costs | 2,195 | 1,586 |
| Depreciation | 21 | 840 |
| Interest on bank loans and overdrafts | 232 | 109 |
| Admin | 225 | – |
| Advertising/promotional | 9,760 | 7,010 |
| Sundry/subcontractor cost | 110,186 | 21,523 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 144,969 | 63,917 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Total expenditure | 144,969 | 63,917 |
| ৶৶৶৶৶৶৶৶৶ | ৶৶৶৶৶৶৶৶ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Net (expenditure)/income | (107,423) ৶৶৶৶৶৶৶৶৶ |
5,737 ৶৶৶৶৶৶৶৶ |
16
THE UNITY OF FAITHS FOUNDATION
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 July 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Charity activity | ||
| Activities undertaken directly | ||
| Direct charitable activity 1 - rent | 9,550 | 13,000 |
| Direct charitable activity 1 - other motor/travel costs | 3,220 | 3,199 |
| Direct charitable activity 1 - telephone | 166 | – |
| Direct charitable activity 1 - other office costs | 407 | 750 |
| Direct charitable activity 1 - bank charges | 232 | 109 |
| Direct charitable activity 1 - subscription | 225 | – |
| Direct charitable activity 1 - sundry | 54 | – |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 13,854 | 17,058 | |
| ৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Grant funding activities | ||
| Grant charitable activity 1 - event costs/field hire cost | 3,666 | 7,537 |
| Grant charitable activity 1 - sporting equipment | 4,207 | 7,181 |
| Grant charitable activity 1 - legal and professional fees | – | 392 |
| Grant charitable activity 1 - other office costs | 1,788 | 836 |
| Grant charitable activity 1 - depreciation | 21 | 840 |
| Grant charitable activity 1 - advertising/promotional | 9,760 | 7,010 |
| Grant charitable activity 1 - consultancy/sub contractor cost | 110,132 | 21,523 |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| 129,574 | 45,319 | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Governance costs | ||
| Governance costs - accountancy fees | 1,541 | 1,540 |
| ৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄ | |
| ৄৄৄৄৄৄৄৄৄ | ৄৄৄৄৄৄৄৄ | |
| Expenditure on charitable activities | 144,969 ৶৶৶৶৶৶৶৶৶ |
63,917 ৶৶৶৶৶৶৶৶ |
17