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2022-07-31-accounts

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 08 2021 To 31 07 2022

Section A Reference and administration details

Charity name Creating New Beginnings Charitable Organisation

Other names charity is known by CNB NGO

Registered charity number (if any) 1153658

Charity's principal address

95 Eton Avenue

Wembley

Postcode HA0 3BA

Names of the charity trustees who manage the charity

1
2
3
4		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Cornelia Boateng Chair N/A Cornelia Boateng
Samuel Owiredu Secretary N/A
Edith Yembra Treasurer N/A
Florette Hutchinson N/A

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of adviser
Name
Address
N/A

Name of chief executive or names of senior staff members (Optional information)

Cornelia Boateng

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document[Constitution of a Charitable Incorporated Organisation whose only voting ] members are its charity trustees.

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(eg. trust deed, constitution)

How the charity is constituted

The Board of Trustees is responsible for the overall strategy and direction of the charity and meet at least twice a year. The Trustees give their time on a voluntary and unpaid basis and they ensure that the Creating New Beginnings achieves its objectives and goals. Charity Incorporated Organisation

Trustee selection methods

Appointed by members

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Any new trustees would undergo orientation to brief them on their legal obligation under charity and company law, the content of the Constitution, the decision making processes, the objectives and strategies and recent financial performance of Creating New Beginnings.

Section C Objectives and activities

1. To advance the education of special needs children in Ghana and the UK in such ways as the charity trustees think fit, including by:

Summary of the objects of the charity set out in its governing document

2. To advance progress in life skills and relieve needs of young people with Autism spectrum disorders in Ghana through:

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3. Food Bank Project to support the Brent Community

Our key achievements to date in this financial year include:Supporting the Ghana Autism School during the year. Increase admission to the school in Ghana Summary of the main Training Teachers on picture exchange community system to enhance activities undertaken for the learning for the children public benefit in relation to these objects (include within Working on another School in Kumasi-Ghana to provide more access to this section the statutory children in other parts of the country declaration that trustees have had regard to the guidance issued by the Charity The charity continues with its food bank project in Brent to support the Commission on public Community benefit) All services provided could not have been achieved without the help of our volunteers and advisors.

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Summary of the main Training Teachers on picture exchange community system and other achievements of the charity learning skills to enhance the learning experience of the children during the year Increase admission to the school in Ghana Working on another School in Kumasi-Ghana to provide more access to children in other parts of the country The charity continues with its food bank project in Brent to support the Community Regular visits to the school in Ghana by the Trustees to oversee the effective support of the children and the development of staff. Resources, materials and equipment to aid the children’s learning are sent down often to support the school in terms of teaching and learning.

Section E Financial review Section E Financial review
Brief statement of the
charity’s policy on reserves
Details of any funds materially
in deficit
Further financial review details
Youmay chooseto include
additional information, where
relevant about:
•
the charity’s principal
sources of funds (including
any fundraising);
•
how expenditure has
supported the key objectives
of the charity;
•
investment policy and
objectives including any
ethical investment policy
adopted.
The trustees are working on the intention to keep a three months
operational working capital as part of our reserves policy.
The charity will continued to work hard to turn in profit in the next few
year to sustain its activities,
(Optional information)
The charity’s source of funding this year has been through direct debits,
standing orders, and donations.
We are working on improving our donation receipt process to maximise
gift aid claim to boost our income.
The funds have enabled us pay staff salaries in Ghana on monthly basis
even though Trustees have been supplementing this.
The Trustees have the power to invest in such assets as they see fit. The
charity's investment policy is appropriate to the nature of the funds for
which the investment is held. The primary investment aim is to provide a
high degree of security and liquidity and to maximise returns whilst
adopting a conservative approach.

Section F Other optional information

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The charity is also involved in Advocacy work in Ghana

Raising awareness- Autism awareness creation on local radio stations in Ghana and UK and in schools in Ghana.

Working with British Council

UNICEF – working with UNICEF Ghana/Ghana Education Service as a member of their technical working group for Inclusive Education in Ghana.

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) Samuel Owiredu Position (eg Secretary, Chair, etc) Secretary Date 27/04/2023

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Registered number: 1153658

CREATING NEW BEGINNINGS DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022

PRS ACCOUNTANTS AND TAXATION SERVICES LTD

CREATING NEW BEGINNINGS Directors' Report and Unaudited Financial Statements For The Year Ended 31 July 2022

Contents

Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6
The following pages do not form part of the statutory accounts:
Trading Profit and Loss Account 7

CREATING NEW BEGINNINGS Company Information For The Year Ended 31 July 2022

Directors Ms EDITH YEMBRA
Ms CORNELIA BOATENG
Ms SAMUEL OWIREDU
Ms FLORETTE HUTCHINSON
Company Number 1153658
Registered Office 95 ETON AVENUE
WEMBLEY
MIDDLESEX
HA0 3BA
Accountants PRS ACCOUNTANTS AND TAXATION SERVICES LTD
36 GLEBE ROAD
FINCHLEY
LONDON
N3 2AX

Page 1

CREATING NEW BEGINNINGS Company No. 1153658 Directors' Report For The Year Ended 31 July 2022

The directors present their report and the financial statements for the year ended 31 July 2022.

Directors

The directors who held office during the year were as follows:

Ms EDITH YEMBRA Ms CORNELIA BOATENG Ms SAMUEL OWIREDU Ms FLORETTE HUTCHINSON

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

Ms EDITH YEMBRA Ms CORNELIA BOATENG Ms SAMUEL OWIREDU Director Director Director

Ms FLORETTE HUTCHINSON

Director

18/04/2023

Page 2

CREATING NEW BEGINNINGS Accountant's Report For The Year Ended 31 July 2022

Report to the directors on the preparation of the unaudited statutory accounts of CREATING NEW BEGINNINGS for the year ended 31 July 2022

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of CREATING NEW BEGINNINGS which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rulesstandards/acca-rulebook.html.

This report is made to the directors of CREATING NEW BEGINNINGS, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of CREATING NEW BEGINNINGS and state those matters that we have agreed to state to the directors of CREATING NEW BEGINNINGS, as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CREATING NEW BEGINNINGS and its directors as a body for our work or for this report.

It is your duty to ensure that CREATING NEW BEGINNINGS has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of CREATING NEW BEGINNINGS. You consider that CREATING NEW BEGINNINGS is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of CREATING NEW BEGINNINGS. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

PRS ACCOUNTANTS AND TAXATION SERVICES LTD

18/04/2023

PRS ACCOUNTANTS AND TAXATION SERVICES LTD 36 GLEBE ROAD FINCHLEY LONDON N3 2AX

Page 3

CREATING NEW BEGINNINGS Profit and Loss Account For The Year Ended 31 July 2022

Notes
TURNOVER
Cost of sales
GROSS LOSS
Administrative expenses
OPERATING LOSS AND LOSS FOR THE FINANCIAL
YEAR		 2022
£
15,507
(16,705)
(1,198)
(1,223)
(2,421)		 2021
£
7,749
(10,454)
(2,705)
(3,397)
(6,102)

The notes on page 6 form part of these financial statements.

Page 4

CREATING NEW BEGINNINGS Balance Sheet As at 31 July 2022

Notes
CURRENT ASSETS
Cash at bank and in hand
Creditors: Amounts Falling Due Within
One Year
4
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
Profit and Loss Account
SHAREHOLDERS' FUNDS		 2022
£
£
590
590
1
591
591
591
591
591		 2022
£
£
590
590
1
591
591
591
591
591		 2021
£
£
3,012
3,012
-
3,012
3,012
3,012
3,012
3,012		 2021
£
£
3,012
3,012
-
3,012
3,012
3,012
3,012
3,012
590
1		 3,012
-
591 3,012
591 3,012
591 3,012
591 3,012

For the year ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Ms EDITH YEMBRA Director

Ms CORNELIA BOATENG Director

Ms SAMUEL OWIREDU Director

Ms FLORETTE HUTCHINSON

Director

18/04/2023

The notes on page 6 form part of these financial statements.

Page 5

CREATING NEW BEGINNINGS Notes to the Financial Statements For The Year Ended 31 July 2022

1. General Information

CREATING NEW BEGINNINGS is a private company, limited by shares, incorporated in England & Wales, registered number 1153658. The registered office is 95 ETON AVENUE, WEMBLEY, MIDDLESEX, HA0 3BA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: NIL (2021: NIL)

4. Creditors: Amounts Falling Due Within One Year

Trade creditors 2022
£
(1)
(1)		 2021
£
-
-

5. Share Capital

Page 6

CREATING NEW BEGINNINGS Trading Profit and Loss Account For The Year Ended 31 July 2022

TURNOVER
Sales type A
Sales type B
Grants and subsidies received
COST OF SALES
Other direct costs
GROSS LOSS
Administrative Expenses
Travel expenses
Printing, postage and stationery
Telecommunications and data costs
Sundry expenses
OPERATING LOSS AND LOSS FOR THE FINANCIAL
YEAR		 2022
£
£
14,007
1,500
-
15,507
16,705
(16,705)
(1,198)
335
728
65
95
(1,223)
(2,421)		 2022
£
£
14,007
1,500
-
15,507
16,705
(16,705)
(1,198)
335
728
65
95
(1,223)
(2,421)		 2021
£
£
3,049
1,000
3,700
7,749
10,454
(10,454)
(2,705)
1,016
819
1,338
224
(3,397)
(6,102)		 2021
£
£
3,049
1,000
3,700
7,749
10,454
(10,454)
(2,705)
1,016
819
1,338
224
(3,397)
(6,102)
15,507
(16,705)		 7,749
(10,454)
335
728
65
95		 1,016
819
1,338
224
(1,198)
(1,223)		 (2,705)
(3,397)
(2,421) (6,102)

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