Charity number: 1159972 ## Burma Aid Report of the Trustees and Unaudited Financial Statements For the year ended 31 May 2023 Burma Aid Contents Page For the year ended 31 May 2023 |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 8| |Detailed Statement of Financial Activities|9| ## Burma Aid Report of the Trustees ## For the year ended 31 May 2023 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 May 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Burma Aid **Charity registration number** 1159972 **Principal address** 33 Dynevor Road London N16 0DL ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Esoof Akhoon Soyip Akhoon Rehan Vahed **Independent examiners** Accentor Associates Limited 639 Green Lanes London N8 0RE Approved by the Board of Trustees and signed on its behalf by ............................................................................. 1 of 9 Burma Aid Independent Examiners Report to the Trustees ## For the year ended 31 May 2023 I report to the trustees on my examination of the accounts of the charity for the year ended 31 May 2023. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts 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 the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns 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. M Ahson FCA Accentor Associates Limited 639 Green Lanes London N8 0RE 2 of 9 ## Burma Aid Statement of Financial Activities For the year ended 31 May 2023 |**Notes**
**Income and endowments from:**
Donations and legacies
2
**Total**
**Expenditure on:**
Raising funds
3
Charitable activities
4/5
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
116,372
**116,372**
(1,563)
(101,074)
**(102,637)**
**13,735**
35,616
**49,351**|**2022**
**£**
83,004| |---|---|---| |||**83,004**| |||(3,106)
(84,522)| |||**(87,628)**| |||**(4,624)**
40,240| |||**35,616**| 3 of 9 Burma Aid Statement of Financial Position As at 31 May 2023 |**Notes**
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
9
**Total funds**|**£**
**2023**
49,351
**49,351**
**49,351**
**49,351**
**49,351**
49,351
**49,351**|**£**
**2022**
35,616| |---|---|---| |||**35,616**| |||**35,616**| |||**35,616**| |||**35,616**| |||35,616| |||**35,616**| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: 0 4 of 9 For the year ended 31 May 2023 ## Burma Aid Notes to the Financial Statements ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance 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 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011. Burma Aid meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received|**2022**
**2023**
**£**
**£**
83,004
116,372
**83,004**
**116,372**| |---|---| ## **3. Expenditure on generating donations and legacies** |**Unrestricted funds**
Support costs|**2023**
**£**
1,563
**1,563**|**2022**
**£**
3,106| |---|---|---| |||**3,106**| ## **4. Costs of charitable activities by fund type** ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |**Unrestricted funds**||| |Activity 1|100,574|84,122| |Support costs|500|400| ||**101,074**|**84,522**| 5 of 9 ## Burma Aid Notes to the Financial Statements Continued For the year ended 31 May 2023 ## **5. Costs of charitable activities by activity type** |**Activities undertaken directly**
**Activity 1**
Accountancy fees
Donation
Hospital support
Rohingya support
Hand pump support
Qurbani
Education support
Emergency support
Housing support
Flood Relief Support
**Activity 10**
**nalysis of support costs**
**Voluntary Income**
Management
IT
Telephone
Governance costs|**2023**
**£**
500
3,000
7,000
33,169
23,180
-
8,565
-
5,010
20,650
**101,074**
**101,074**
**2023**
**£**
1,200
-
363
500
**2,063**|**2022**
**£**
400
-
7,500
24,358
29,453
1,600
12,420
1,891
6,900
-| |---|---|---| |||**84,522**| |||**84,522**| |||**2022**
**£**
-
2,670
436
400| |||**3,506**| ## **6. Analysis of support costs** ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): Accountancy fees |**2023**|**2022**| |---|---| |**£**|**£**| |500|400| 6 of 9 Burma Aid Notes to the Financial Statements Continued For the year ended 31 May 2023 ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activites are for unrestricted funds. ## **9. Movement in funds** ## **Unrestricted Funds** |_General_
General
General Fund
**Unrestricted Funds - Previous year**
_General_
General
General Fund
**Analysis of net assets between funds**
**Unrestricted funds**
_General_
General
General Fund|**Balance at**
**01/06/2022**
**£**
1
35,615
**35,616**
**Balance at**
**01/06/2021**
**£**
-
40,240
**40,240**|**Incoming**
**resources**
**£**
-
116,372
**116,372**
**Incoming**
**resources**
**£**
-
83,004
**83,004**||**Outgoing**
**resources**
**Balance at**
**31/05/2023**
**£**
**£**
-
1
(102,637)
49,350
**(102,637)**
**49,351**
**Outgoing**
**resources**
**Balance at**
**31/05/2022**
**£**
**£**
1
1
(87,629)
35,615
**(87,628)**
**35,616**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
1
1
49,350
49,350|**Balance at**
**31/05/2023**
**£**
1
49,350| |---|---|---|---|---|---| ||||||**49,351**| ||||||**Balance at**
**31/05/2022**
**£**
1
35,615| ||||||**35,616**| ||||||| |||||**49,351**
**49,351**|| ## **10. Analysis of net assets between funds** 7 of 9 Burma Aid Notes to the Financial Statements Continued For the year ended 31 May 2023 |**Previous year**
**Unrestricted funds**
_General_
General
General Fund|**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
1
1
35,615
35,615| |---|---| ||**35,616**
**35,616**| 8 of 9 ## Burma Aid Detailed Statement of Financial Activities For the year ended 31 May 2023 ||**2023**|**2022**| |---|---|---| ||**£**|**£**| |**INCOME AND ENDOWMENT**||| |**Donations and legacies**||| |Donations|116,372|83,004| ||**116,372**|**83,004**| |**Total incoming resources**|**116,372**|**83,004**| |**EXPENDITURE**||| |**Charitable activities**||| |Cost of direct charitable activity (Activity 1)|(100,574)|(84,122)| ||**(100,574)**|**(84,122)**| |**SUPPORT COSTS**||| |**Management**||| |Management|(1,200)|-| ||**(1,200)**|**-**| |**IT**||| |IT|-|(2,670)| ||**-**|**(2,670)**| |**Telephone**||| |Telephone|(363)|(436)| ||**(363)**|**(436)**| |**Governance costs**||| |Governance costs (Activity 1)|(500)|(400)| ||**(500)**|**(400)**| |**Total resources expended**|**(102,637)**|**(87,628)**| |**Net Income**|**13,735**|**(4,624)**| 9 of 9 This page does not form part of the statutory financial statements