REGISTERED CHARITY NUMBER: 1156193
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2022 for
Group of Good Deeds
Group of Good Deeds
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 7 |
| Detailed Statement of Financial Activities | 8 |
Group of Good Deeds
Report of the Trustees for the Year Ended 31 December 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1156193
Principal address
124/126 High street Barkingside ESSEX IG6 2DU
Trustees
M Ameyoud R Karmedi F Benzerrouk
Independent examiner
Adam Badi CIMA TaxAssist Accountants
45A The Broadway, Darkes Lane, Potters Bar EN6 2HZ
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
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
Objectives and aims
The Provision of clean drinking water for poor and needy in Africa & South Asia.
To raise the living standard of the people living in remote areas of Algeria.
To Provide Arabic Language Classes to the general public in Greater London and surrounding.
Approved by order of the board of trustees on 10[th] July 2023 and signed on its behalf by:
M Ameyoud - Trustee
Page 1
Independent Examiner's Report to the Trustees of Group of Good Deeds
I report on the accounts for the year ended 31 December 2022 set out on pages three to six.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
-
examine the accounts under Section 145 of the 2011 Act
-
to follow the procedures laid down in the General Directions given by the Charity Commission
-
(under Section 145(5)(b) of the 2011 Act); and
-
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. 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 no opinion is given as to whether the accounts present a ‘true and fair view ‘and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply with the
-
accounting requirements of the 2011 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.
Adam Badi CIMA
TaxAssist
Accountants
Date: 25[th] August 2023
Page 2
Group of Good Deeds
Statement of Financial Activities for the Year Ended 31 December 2022
| Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary Income Other trading activities Total Incoming resources RESOURCES EXPENDED Cost of generating voluntary income Charitable Activities Total resources expended NET INCOMING/(OUTGOING) RESOURCES BEFORE TRANSFERS Gross transfers between funds Net incoming/(outgoing) resources RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted fund £ 33,194 43,835 |
Restricted funds £ 20,841 - |
31.12.22 Total funds £ 54,035 43,835 |
31.12.21 Total funds £ 94,183 149,181 |
|
|---|---|---|---|---|---|
| 77,029 54,148 4,097 58,2455 18,785 - 18,785 21,609 40,394 |
20,841 - 17,731 17,731 3,110 - 3,110 6,410 9,520 |
97,870 54,148 21,827 75,975 21,895 - 21,895 28,019 49,914 |
243,489 59,233 196,097 255,330 (11,966) - (11,841) 39,985 28,019 |
||
Page 3
The notes form part of these financial statements
Page 4
Group of Good Deeds
Balance Sheet At 31 December 2022
| Notes CURRENT ASSETS Cash at bank and in hand CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted Funds Restricted funds TOTAL FUNDS |
Unrestricted fund £ 40,394 - 40,394 40,394 40,394 |
Restricted funds £ 9,520 - 9,520 9,520 9,520 |
31.12.22 Total Funds £ 49,914 - 49,914 49,914 49,914 40,394 9,520 49,914 |
31.12.21 Total funds £ 28,019 - |
|---|---|---|---|---|
| 28,019 | ||||
| 28,019 | ||||
| 28,019 | ||||
| 21,609 6,410 |
||||
| 28,019 |
The financial statements were approved by the Board of Trustees and were signed on its behalf by:
M Ameyoud -Trustee
The notes form part of these financial statements
Page 4
Group of Good Deeds
Notes to the Financial Statements
for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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 financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 December 2022.
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 31.12.22 | 31.12.21 | |
|---|---|---|
| £ | £ | |
| Other creditors | - | - |
Page 5
Group of Good Deeds Notes to the Financial Statements - continued for the Year Ended 31 December 2022
4. MOVEMENT IN FUNDS
| Net movement At 1.1.22 in funds £ £ Unrestricted funds General fund 21,609 18,785 Restricted Funds Zakat 323 296 Food Baskets 435 835 Orphans 1,033 920 Water Well 597 132 Tyrosinemia 4,022 927 6,410 3,111 TOTAL FUNDS 28,019 21,895 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 77,029 Restricted Funds Restricted Funds 20,841 TOTAL FUNDS 97,870 Comparative for movement in funds Net movement At 1.1.21 in funds £ £ Unrestricted funds General fund 38,090 (16,481) Restricted Funds Zakat - 323 Food Baskets - 435 Orphans 218 815 Water Well 50 547 Tyrosinemia 1,627 2,395 1,895 4,515 TOTAL FUNDS 39,985 (11,966) |
Transfers between funds £ - - - - - - - - Resources expended Transfers £ (58,148) - (17,731) - (75,974) - Transfers between funds £ - - - - - - 0 - |
At 31.12.22 £ 40,394 619 1,270 1,953 729 4,949 |
|---|---|---|
9,520 |
||
49,914 |
||
Movement in funds £ 18,785 3,110 |
||
| (75,974) Transfers between funds £ - - - - - - 0 - |
21,895 | |
At 31.12.21 £ 21,609 323 435 1,033 597 4,022 |
||
6,410 |
||
28,019 |
Page 6
Group of Good Deeds
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
4. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted Funds Restricted Funds TOTAL FUNDS |
Incoming resources £ 213,468 29,896 243,489 |
Resources expended Transfers £ £ (229,949) - (25,381) - (255,330) - |
Movement in funds £ (16,481) 4,515 |
|---|---|---|---|
| (11,966) |
Page 7
Group of Good Deeds
| Detailed Statement of Financial Activities for the Year Ended | Detailed Statement of Financial Activities for the Year Ended | 31 December 2022 |
|---|---|---|
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| INCOMING RESOURCES | ||
| Voluntary Income | ||
| Donations | 54,035 | 94,183 |
| Fundraising | 43,835 | 108,207 |
| Government Grants | - | 40,975 |
| Total incoming resources | 97,870 |
243,489 |
| RESOURCES EXPENDED | ||
| Cost of generating voluntary | ||
| income | ||
| Light and heath | - | - |
| Postage and stationery | 73 | 103 |
| Sundries | 1,578 |
30 |
| Office Expenses | 7,140 |
1,342 |
| Charitable events | 1,275 | 10,112 |
| Travel Expenses | 102 | 12 |
| Rent & Rates | 23,224 | 28,715 |
| Professional Fees | 720 |
760 |
| Wages | 19,670 | 17,687 |
| Telephone | 365 | 472 |
| Insurance | - | - |
| 54,148 | 59,233 | |
| Total resources expended | 54,148 | 59,233 |
| Charitable Activities | 21,827 | 196,097 |
This page does not form part of the statutory financial statements
Page 8