2021-03-31-accounts - The Giving Tree Foundation - Turning Autism Around

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REGISTERED CHARITY NUMBER: 1158100

`REPORT OF THE TRUSTEES AND`

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

`FOR`

`THE GIVING TREE FOUNDATION`

KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH

THE GIVING TREE FOUNDATION

`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021`

		`Page`
`Report of the Trustees`		`1`
`Statement of Financial Activities`		`2`
`Balance Sheet`		`3`
`Notes to the Financial Statements`	`4`	`to`	`6`
`Detailed Statement of Financial Activities`		`7`

THE GIVING TREE FOUNDATION

`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31March2021. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

TheobjectsoftheCharityaretopromoteandprotectthephysicalandmentalhealthofchildrenwithautismthrough the
provisionoffinancialassistance,supporteducationandpracticaladvise.Andtoadvancetheeducationofthe general
public in all areas relating the autism.

`Public benefit`

InaccordancewithSection17oftheCharitiesAct2011,theTrusteeshavegivencarefulconsiderationtothe Charity
Commission's general guidance on public benefit.

`ACHIEVEMENT AND PERFORMANCE`

`Charitable activities`

Duringtheperiod,thecharityspentmoneyonprovidingbehaviouralworkshopstorecipients,totalling£9,989 (2020:
£Nil). Other expenses totalled £3,842 (2020: £6,862).

`FINANCIAL REVIEW`

`Financial position`

The charity had cash resources of £53,589 (2020: £61,941) at the year end.

`Reserve policy`

ThereserveissetoutintheBalanceSheetandaccompanyingnote.TheTrusteesregularlyreviewthelevelofthe cash
reserves maintained, which represents the unrestricted fund.

`STRUCTURE, GOVERNANCE AND MANAGEMENT`

`Governing document`

TheCharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesacharitable incorporated
organisation.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Charity number`

`Principal address`

86 Prince of Wales Mansions

Prince of Wales Drive
London

SW11 4BL

`Trustees`

Mrs T Gullestrup
Mrs A Chandris
C L Watts
Ms W Challen

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

.................................................................
Mrs T Gullestrup - Trustee

Page 1

THE GIVING TREE FOUNDATION

`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`

`2021` `Unrestricted` `fund` `Notes` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `4,497` `EXPENDITURE ON` `Raising funds` `2,353` `Charitable activities` `Grants to individuals` `9,989` `Other` `1,490` `Total` `13,832` `NET INCOME/(EXPENDITURE)` `(9,335)` `RECONCILIATION OF FUNDS` `Total funds brought forward` `60,861` `TOTAL FUNDS CARRIED FORWARD` `51,526`	`2020` `Total` `funds` `£` `7,159` `4,428` `-` `2,434`
	`6,862`
	`297` `60,564`
	`60,861`

The notes form part of these financial statements

Page 2

THE GIVING TREE FOUNDATION

`BALANCE SHEET 31 MARCH 2021`

`2021` `Unrestricted` `fund` `Notes` `£` `CURRENT ASSETS` `Cash at bank` `53,589` `CREDITORS` `Amounts falling due within one year` `3` `(2,063)` `NET CURRENT ASSETS` `51,526` `TOTAL ASSETS LESS CURRENT LIABILITIES` `51,526` `NET ASSETS` `51,526` `FUNDS` `4` `Unrestricted funds` `51,526` `TOTAL FUNDS` `51,526`	`2020` `Total` `funds` `£` `61,941` `(1,080)` `60,861` `60,861` `60,861` `60,861` `60,861`

ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:

.............................................

T Gullestrup - Trustee

The notes form part of these financial statements

Page 3

THE GIVING TREE FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act 2011. The financial statements have been prepared under the historical cost convention.

`Income`

AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.

Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedasa commitment
but not accrued as expenditure.

`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.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.

`2. TRUSTEES' REMUNERATION AND BENEFITS`

Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021norfortheyear ended
31 March 2020.

`Trustees' expenses`

There were no  trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

continued...

Page 4

THE GIVING TREE FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`

`3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`

`Other creditors` `MOVEMENT IN FUNDS` `Unrestricted funds` `General fund` `TOTAL FUNDS`	`At 1.4.20` `£` `60,861` `60,861`	`2021` `£` `2,063` `Net` `movement` `in funds` `£` `(9,335)` `(9,335)`	`2020` `£` `1,080` `At` `31.3.21` `£` `51,526`	`2020` `£` `1,080`
			`51,526`

`4. MOVEMENT IN FUNDS`

Net movement in funds, included in the above are as follows:

`Unrestricted funds` `General fund` `TOTAL FUNDS`	`Incoming` `resources` `£` `4,497` `4,497`	`Resources` `Movement` `expended` `in funds` `£` `£` `(13,832)` `(9,335)` `(13,832)` `(9,335)`	`Resources` `Movement` `expended` `in funds` `£` `£` `(13,832)` `(9,335)` `(13,832)` `(9,335)`
			`(9,335)`

`Comparatives for movement in funds`

		`Net`
		`movement`	`At`
	`At 1.4.19`	`in funds`	`31.3.20`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`60,564`	`297`	`60,861`
`TOTAL FUNDS`	`60,564`	`297`	`60,861`

Comparative net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`7,159`	`(6,862)`	`297`
`TOTAL FUNDS`	`7,159`	`(6,862)`	`297`

continued...

Page 5

THE GIVING TREE FOUNDATION

`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`

`4. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

		`Net`
		`movement`	`At`
	`At 1.4.19`	`in funds`	`31.3.21`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`60,564`	`(9,038)`	`51,526`
`TOTAL FUNDS`	`60,564`	`(9,038)`	`51,526`

Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`11,656`	`(20,694)`	`(9,038)`
`TOTAL FUNDS`	`11,656`	`(20,694)`	`(9,038)`

`5. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 31 March 2021.

Page 6

THE GIVING TREE FOUNDATION

`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`

	`2021`	`2020`
	`£`	`£`
`INCOME AND ENDOWMENTS`
`Donations and legacies`
`Donations`	`4,497`	`7,159`
`Total incoming resources`	`4,497`	`7,159`
`EXPENDITURE`
`Raising donations and legacies`
`Event costs`	`2,353`	`4,428`
`Charitable activities`
`Grants to individuals`	`9,989`	`-`
`Other`
`Travel and subsistence`	`-`	`355`
`Support costs`
`Management`
`Postage and stationery`	`394`	`703`
`Finance`
`Bank charges`	`16`	`296`
`Governance costs`
`Accountancy and legal fees`	`1,080`	`1,080`
`Total resources expended`	`13,832`	`6,862`
`Net (expenditure)/income`	`(9,335)`	`297`

This page does not form part of the statutory financial statements

Page 7