Strathaven Asthmatic Relief Action UK
Annual Report and Financial Statements
Year Ending 5 April 2021
Registered Charity Number: 1159285
Page | 1
Strathaven Asthmatic Relief Action UK
Contents for the Financial Statements for year ending 5 April 2021
Page Report of the Trustees P 3 Independent Examiner’s Report P5 Statement of Financial Activities P 7 Balance Sheet P 9 Statement of Cash Flows P 10 Notes P11
Page | 2
Strathaven Asthmatic Relief Action UK
Report of the Trustees for the year ending 2021
1. Establishments and Purposes
Strathaven Asthmatic Relief Action UK was incorporated as a Charity Incorporated Organisation (CIO) on the 19 November 2014 and is governed by its CIO constitution. It was set up for the relief of persons suffering from Asthma and its related disorders throughout the United Kingdom by the provision of support, and education and practical advice, and other such purposes as are charitable according to the laws of England and Wales for the benefit of the public. 2. Trustees and Officers
During this year the following served as trustees: Thomas McCann Chairman Mrs Margot McCann Thomas McCann Junior
3. Address
The principal address of the charity is 5 Seaford Gardens Woodley Reading Berkshire RG53LN
4. Structure, Governance and Management
The charity trustees manage the affairs of the CIO and for that purpose exercise their powers to perform their functions in the way each decides in good faith would be most likely to further the purposes of the CIO.
Strathaven Asthmatic Relief Action UK
Page | 3
Any decision taken by the trustees is made either at a meeting of the trustees; or by resolution in writing or electronic form agreed by all of the charity trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to each of which one or more charity trustees has signified their agreement.
5. Reserves
The trustees do not currently consider it necessary to hold reserves due to the nature of the charity which is to disburse funds to causes which further its charitable objectives.
Strathaven Asthmatic Relief Action UK
Page | 4
Independent Examiner Report to the Trustees of Strathaven Asthmatic Relief Action UK
I report on the accounts of the charity for the year end 5 April 2021 which are set out on the pages below.
Respective responsibilities of the trustees and the examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity trustees consider that an audit is not required for this year under section 144 of the charities Act 2011 (the charities act) and that a independent examination is needed.
: examine the accounts under section 145 of the charities act;
: to follow the procedures laid down in the general directions given by the charity Commission under section 145(5)(b) of the charities act and
: to state whether particular matters have come to our attention
Basis of independent examiners report
Our examination was carried out in accordance with the general Direction 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 statement below.
Independent examiner< statement
In connection with my examination, no matters has come to my attention:
1. Which gives me reasonable cause to believe that in any material respect, the requirements
Page | 5
: to keep accounting records in accordance with section 130 of the Charities Act
Strathaven Asthmatic Relief Action UK
: to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met or
: to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Andrew Stuart FCA AS and Accountants Ltd 137 Wellington Street Slough Berkshire SL11XW
Strathaven Asthmatic Relief Action UK
Page | 6
Statement of Financial Activities for the year ended 5 April 2021
Year ended 5 April 2021 2021 2020 Unrestricted Total Total Funds Funds Funds £ £ £ INCOMING RESOURCES Voluntary income Sales 15,101 15,101 11,043 Donation 5,002 5,002 12,210 ------------------- -----------20,102 20,102 23,253 --------------------- -----------Total Income Resources 20,102 20,102 23,253 -------------------- -----------RESOURCES EXPENDED Cost of generating funds Cost of goods sold 6,107 6,107 5,011 Wages 2,081 2,081 7,060 Fund-raising costs and administration 3,867 3,867 7,570 Governance 1,000 1,000 - Total Resources Expened 12,055 12,055 19,641 ----------- --------------------
Page | 7
NET INCOMING RESOURCES 8,047 8,047 3,569 Total funds brought forward 10,806 10,806 10,806 Total funds carried forward - ---------- --------------------18,853 18,853 14,375 ======= ======= ======== Strathaven Asthmatic Relief Action UK Balance sheet at 5 April 2021 2021 2020 --------------------Note funds funds £ £ Current Assets 30,991 7,360 4,100 3,232 -- -----------------35,091 10,631 Current Liabilities Accruals 1,087 860 Other creditors - 2,411 Page | 8
------------------1,087 3,271 Total assets less current liabilities 34,004 13,902 --------------------Funds Unrestricted funds 34,004 13,902 ---------------------34,004 13,902
===========
===========
The financial statements were approved by the board of trustees on 12 MAY 2022 and were signed on its behalf by chairman THOMAS MCCANN Chairman SIGNED
Strathaven Asthmatic Relief Action UK Statements of Cash Flows For the year ended 5 April 2021
2021 2020 -------------------------------------------------- ------------------------Unrestricted Restricted Total Total
Page | 9
Funds Funds Funds Funds £ £ £ £ Cash flows from operating activities Net income/ (expenditure) per sofas 8,047 - 8,047 13,902 Less investment income - - - - Increase/decrease in debtors - - - - Decrease/increase in creditors - - - (13,455) --------------- ------------------------- ------------- - - 447 Cash flows from investing activities Investment income - - - - ------------- -------------------------- -----------Net increase/decrease in cash: - - - 447 Total cash as at 6 April 2020 3,578 - 3,578 3,419 -------------- --------------------------- ------------3,578 - 3,578 3,866 ========== ========= ========= ======== Page | 10
Strathaven Asthmatic Relief Action UK
Notes to the Financial Statements For the year ended 5 April 2021
1) ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared in accordance with accounting and reporting by Charities: Statement of recommended Accounting applicable to charities preparing their accounts in accordance with the Financial Reporting Standards for Small Entities (effective January 2015).
Incoming resources
All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of the incoming resources can be measured with sufficient reliability.
Resources expended
Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accountable for on an accruals basis and has been classified under headings that aggregate all cost relating to the category.
Taxation
The charity is exempt from Corporation Tax on its charitable activities.
Funds structure
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charities objectives.
Restricted funds are funds which are to be used in accordance with specific restriction imposed by the donor or trust deed.
Further explanation of the nature and purpose of each fund, where material, is included in the notes to the financial statement.
2) Trustees
None of the trustees ( or any person connected with them) received any remuneration or reimbursed expenses during the year.
3) Employees There were an average of 6 employees during the year.
Page | 11
Strathaven Asthmatic Relief Action UK number 1159285
Notes to the financial statements for the year 5 April 2021
----- Start of picture text -----
4) Debtors
2021 2020
Receivable from associated companies -
-
----------- -----------
- -
======== ========
5) Creditors
- 1,546
Accruals
------------- --------------
-
1,546
======== =========
6) Movements in funds on 5 April 2020 income
resources on 5 April 21
£ £
£ £
Unrestricted funds 10,210 20,102
18,853 34,004
========
======= ======= =======
----- End of picture text -----
Page | 12
Page | 13