REGISTERED CHARITY NUMBER 1158039 ## **REPORT OF THE TRUSTEES AND** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 01/04/2023** ## **FOR** ## **ARTEMEDIS INTERNATIONAL** ## **ARTEMEDIS INTERNATIONAL** for the Year Ended 01/04/2023 Page Reference and Administrative Details 1 Report of the Trustees 2 to 3 Independent Examiner’s Report 4 Balance Sheet 5 Notes to the Financial Statements 6 to 9 Detailed Statement of Financial Activities 10 ## **ARTEMEDIS INTERNATIONAL** Reference and Administrative Details for the Year Ended 01/04/2023 TRUSTEES DEBORAH ELIZABETH SAYERS DR SINAN KHADDAJ DR ALISON WRINGE REGISTEREED CHARITY NUMBER 1158039 INDEPENDENT EXAMINER DOSANIS ACCOUNTANT 513 LONDON ROAD CHEAM SM3 8JR ## **ARTEMEDIS INTERNATIONAL** Report of the Trustees for the Year Ended 01/04/2023 The trustees present the report with the financial statement of the charity for the year ended 01/04/2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: 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) (effective 1 January 2015). ## **I. OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the charity as set out in its governing document are as follows. 1. The preservations and protection of good health of women and children in developing countries in particular but not exclusively by improving access to and uptake of essential health and social services. 2. To provide education and training. 3. To provide aid to those affected by famine. 4. To provide assistance to those with disabilities. The trustees review the aims and objectives to ensure that they are in line with the public benefit of the community.in conducting this review, the trustees have considered charity commission’s general guidance on public benefit. ## **II. SIGNIFICANT ACTIVITIES** The charity provided financial assistance to Pediatric Care Lebanon & Maternal Health Senegal. ## **III. ACHIEVEMENTS AND PERFORMANCE** ## **Charitable Activities** Throughout the Centre to achieve its objective, Trustees are satisfied with the overall performance of the charity. ## **ARTEMEDIS INTERNATIONAL** Report of the Trustees for the year ended 01/04/2023 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and contributes an incorporated charity. ARTEMEDIS INTERNATIONAL is the charitable trust registered with the Charities Commission on 29[th] July 2014 under Charity Registration Number 1158039. It is governed by a deed of trust dated 29[th] July 2014. ## **Organizational Structure** The board of trustees oversee the running of the charity on a day to day basis. All operational decisions are made at board meetings which are held frequently throughout the year. The trustees of the charity do not receive any remuneration or financial benefit for their services. Approved by the order of the board of trustees on 30 JANUARY 2024 and signed on its behalf by: ## **Dr. Sinan Khaddaj - Trustee** Independent Examiner’s Report to the Trustees of ARTEMEDIS INTERNATIONAL ## **Independent examiner’s report to the trustees of ARTEMEDIS INTERNATIONAL** I report to the charity trustees on my examinations of the accounts of ARTEMEDIS INTERNATIONAL (THE TRUST) for the year ended 01/04/2023. ## **Responsibilities and basis of report** As charity trustees of the trust you are responsible for the preparation of the accounts in accordance with the requirement of the Charities ACT 2011 (‘the ACT’). I report in respect of my examinations of the Trust’s account carried out under section 145 of the Act and in carrying out my examinations I have followed all applicable Directions given by the Charity Commission under section 145 (5) (b) of the ACT. 1. Accounting records were not kept in respect of the trust as required by section 130 of the ACT; or 2. The accounting do not accord with those records; or 3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in charities ( Account and Reports ) Regulations 2008 other then any requirements that the accounts give a true and fair view which is not a matter considered as part of an independent examinations. ## **INDEPENDENT EXAMINER’S STATEMENT** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. I have no concern 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. **AZEEM DOSANI F.C.C.A** **DOSANIS ACCOUNTANT** **513 LONDON ROAD CHEAM SM3 8JR** ## **ARTEMEDIS INTERNATIONAL BALANCE SHEET AS AT 01st APRIL 2023** |**01.04.2023**
**CURRENTS ASSETS**
Cash & bank
50,771
**CREDITORS**
Amounts falling due within one year
10,053
**NET CURRENT ASSETS**
40,718
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSEST**
40,718
**FUNDS**
General Funds
40,718
**TOTAL FUNDS**
40,718|**01.04.2022**
40,108| |---|---| ||5,673| ||34,435| ||| ||34,435| ||34,435| ||34,435| ## **ARTEMEDIS INTERNATIONAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 01st APRIL 2023** ## **1. ACCOUNTING POLICIES** ## **Basic of preparing the financial statements** The financial statement of the charity, which is a public benefit entity under FRS 102, have been prepared in according with the charities SORP (FRS 102) Accounting and Reporting by charities: 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)(effective 1 Jan 2015), Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligations committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to Write-off each asset over its estimated useful life. Fixtures and fittings 25% on reducing balance Computer equipment 25% on costs ## **Taxation** The charity is exempt from tax on account of 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. ## **Pension costs and other post - retirement benefits** The charity operates a defined contribution pension scheme. Contribution payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefit for the year ended 01.04.2023 nor for the year ended 01.04.2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 01.04.2023 nor for the year ended 01.04.2022. ## **3. STAFF COSTS** There were no staff cost during the period under review. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**INCOME FROM**
Donations and Humanitarian Assist
**EXPENDITURE ON**
Charitable activities
Bank charges
**GOVERNANCE COSTS**
Accountancy & Legal Fee
Net Income / (Expenditure)
Total funds carried forward|**2023**
**2022**
10,734
2,567| |---|---| ||10,734
2,567| ||2,921
2,533
91
108| ||3,012
2,641| ||1,440
1,200
6,283
(1,275)| ||6,283
(1,275)| ## **5. TANGIBLE FIXED ASSETS** There are no tangible fixed assets in the period under review. ## **6. DEBTORS** There are no debtors in the period under review. ## **7. CREDITORS AMOUNT FALLING DUE WITHIN ONE YEAR** **01.04.2023 01.04.2022** Trade creditors 10,053 5,673 ## **8. MOVEMENTS IN FUNDS** |||**Net**|| |---|---|---|---| |||**movement**|| ||**01.04.2022**|**in funds**|**01.04.2023**| |Funds|34,435|6,283|40,718| |Net movement in funds, included in the above are
as follow;|Incoming
resources|Movement
in funds|Resources
expended| |Unrestricted funds|10,734|6,283|4,452| |A current year 12 months and prior year
12 months combined position is as follows:|Incoming
resources|Movement
in funds|Resources
expended| |Total funds|13,301|5,008|8,293| ## **9. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 01.04.2023. ## **ARTEMEDIS INTERNATIONAL Detailed Statement of Financial Activities For the Year Ended 01.04.2023** ||**01.04.2023**||**01.04.2022**|| |---|---|---|---|---| |**Income From Endowment**||||| |Donations and Humanitarian Assist||10,734||2,567| |**Expenditure on**||||| |Charitable Activities|2,921||2,533|| |**Finance**||||| |Bank Charges|91||108|| |**Governance Costs**||||| |Accountancy and Legal Fee|1,440||1,200|| |Total Resources Expended||4,452||3,841| |Net Income / (Expenditure)||**6,283**||**-1,275**|