The Charity Registration Number is :- 1161011
## IGIVE
Report and Accounts
31 March 2022
## **IGIVE**
## **Report and accounts for the year ended 31 March 2022**
## **Contents**
||**Page**||
|---|---|---|
|**Trustees' Annual Report**||1-3|
|**Statement of Trustees's responsibilities**||4|
|**Independent Accountant's Report**||5|
|**_Funds Statements:-_**|||
|Statement of Financial Activities||6|
|Statement of Financial Activities - Prior Year statement||7|
|Movements in funds||8|
|Income and Expenditure account||9|
|**Balance sheet**||10|
|**Notes to the accounts**||11-13|
## **IGIVE**
## **Trustees' Annual Report for the year ended 31 March 2022**
The Trustees present their Report and Accounts for the year ended 31 March 2022.
## **Reference and administrative details**
## _**The charity name.**_
The legal name of the charity is:- IGIVE.
The charity is also known by its operating name, IGIVE.
## _**The charity's areas operation and UK charitable registration.**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1161011.
The charity does not operate in any overseas jurisdictions.
## _**Legal structure of the charity**_
The charity is constituted as an unincorporated charity, established by a written constitution. The governing document of the charity is the written constitution approved by the members and endorsed by the Charity Commission in England & Wales (CCEW) .
The governing document is dated
25 November 2014
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
1
## **IGIVE**
## **Trustees' Annual Report for the year ended 31 March 2022**
## **The principal operating address, telephone number, email and web addresses of the charity are:-**
209A Streetly Road Erdington, Birmingham B23 7AH Email Address: i_give@outlook.com
## **The Trustees in office on the date the report was approved were:-**
Mr H Rashid Mr R Rashid
## **The following persons served as Trustees during the year ended 31 March 2022 :-**
The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
||**Appointed on**|**Resigned on**|
|---|---|---|
|Mr H Rashid|20/03/2015||
|Mr R Rashid|20/03/2015||
All the trustees are also members of the charity.
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document.**_
Provide funding towards general charitable purposes.
## _**The main activities undertaken in relation to those purposes during the year.**_
Making grants to charitable purposes for various public benefits.
## _**The main activities undertaken during the year to further the charity's purpose for the public benefit.**_
Making grants to charitable purposes for various public benefits.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
## **The main achievements and performance of the charity during the year.**
The trustees approved various payments and projects for a number of causes including regular donations towards medical, educational, mosque and homeless projects.
2
## **IGIVE**
## **Trustees' Annual Report for the year ended 31 March 2022**
## **Financial review**
## _**The charity's financial position at the end of the year ended 31 March 2022**_
The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Total Funds**
**Net income**
Unrestricted Revenue Funds available for the
general purposes of the charity|**2022**
**£**
(9,821)
10,625
10,625|**2021**
**£**
8,791|
|---|---|---|
|||20,446|
|||20,446|
## _**Financial review of the position at the reporting date, 31 March 2022.**_
The trustees consider the financial performance by the charity during the year to have been satisfactory.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Details of The Independent Examiner**
MR P. JAYAWARDENE
Member of The Institute of Chartered Accountants and Statutory Auditors
4A The Avenue Highams Park London
E4 9LD
3
##
##
##
## **IGIVE**
## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year**
## **ended 31 March 2022**
I report to the trustees on my examination of the financial statements of IGIVE for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 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 Examiner's Statement, Report and Opinion**
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:
- Accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- The financial statements do not accord with those records; or
- The financial statements 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 financial statements to be reached.
## **Signed:-**
## Peter Jayawardene
Peter Jayawardene (Jun 18, 2022 13:39 GMT+1)
MR P. JAYAWARDENE - Independent Examiner
Member of The Institute of Chartered Accountants
Hamilton House 4A The Avenue London E4 9LD
This report was signed on 16 June 2022
5
## **IGIVE - Statement of Financial Activities for the year ended 31 March 2022**
## _**Statement of Financial Activities for the year ended 31 March 2022**_
|**Income & Endowments from:**
Donations & Legacies
A1
**Total income**
**A**
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Net income after transfers**
**A-B**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**SORP**
**Ref**
**Net movement in funds**|**Current year**
**Unrestricted**
**Funds**
**2022**
**£**
32,519
**32,519**
42,340
**42,340**
**(9,821)**
**(9,821)**
**(9,821)**
20,446
**10,625**
|**Current year**
**Restricted**
**Funds**
**2022**
**£**
-
**-**
-
**-**
**-**
**-**
**-**
-
**-**|**Current year**
**Total Funds**
**2022**
**£**
**32,519**
**32,519**
**42,340**
**42,340**
**(9,821)**
**(9,821)**
**(9,821)**
**20,446**
**10,625**|**Prior Year**
**Total Funds**
**2021**
**£**
**38,846**|
|---|---|---|---|---|
|||||**38,846**|
|||||**30,055**|
|||||**30,055**|
||||||
|||||**8,791**|
|||||**8,791**|
|||||**8,791**
**11,655**|
|||||**20,446**|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
**The notes attached on pages 11 to 13 form an integral part of these accounts.**
6
## **IGIVE - Statement of Financial Activities for the year ended 31 March 2022**
## **IGIVE - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP**
|**Income & Endowments from:**
Donations & Legacies
A1
**Total income**
**A**
**Expenditure on:**
Charitable activities
B2
**Total expenditure**
**B**
**Net income for the year**
**Net income after transfers**
**A-B**
**Reconciliation of funds:-**
**E**
**Total funds brought forward**
**Total funds carried forward**
**SORP**
**Ref**
**Net movement in funds**|**Prior Year**
**Unrestricted**
**Funds**
**2021**
**£**
38,846
38,846
30,055
**30,055**
8,791
8,791
**8,791**
11,655
**20,446**
|**Prior Year**
**Restricted**
**Funds**
**2021**
**£**
-
-
-
**-**
-
-
**-**
-
**-**|**Prior Year**
**Total Funds**
**2021**
**£**
**38,846**
**38,846**
**30,055**
**30,055**
**8,791**
**8,791**
**8,791**
**11,655**|
|---|---|---|---|
||||**20,446**|
## **All activities derive from continuing operations**
**The notes attached on pages 11 to 13 form an integral part of these accounts.**
7
## **IGIVE - Statement of Financial Activities for the year ended 31 March 2022**
## **Movements in revenue and capital funds for the year ended 31 March 2022**
## **Revenue accumulated funds**
|**Unrestricted**
**Funds**
**2022**
**£**
Accumulated funds brought forward
20,446
(9,821)
**10,625**
**Closing revenue funds**
**10,625**
**Summary of funds**
**Unrestricted**
**and**
**Designated funds**
**2022**
**£**
Revenue accumulated funds
10,625
**Total funds**
**10,625**
Recognised gains and losses before
transfers|**Restricted**
**Funds**
**2022**
**£**
-
-
**-**
**-**
**Restricted**
**Funds**
**2022**
**£**
-
**-**|**Total**
**Funds**
**2022**
**£**
20,446
(9,821)
**10,625**
**10,625**
**Total**
**Funds**
**2022**
**£**
**10,625**
**10,625**|**Last year**
**Total Funds**
**2021**
**£**
**11,655**
**8,791**|
|---|---|---|---|
||||**20,446**|
||||**20,446**|
||||**Last Year**
**Total Funds**
**2021**
**£**
**20,446**|
||||**20,446**|
**The notes attached on pages 11 to 13 form an integral part of these accounts.**
8
## **IGIVE - Statement of Financial Activities for the year ended 31 March 2022**
## **IGIVE - Income and Expenditure Account for the year ended 31 March 2022**
|**_Income_**
Income from operations
**Gross income in the year before exceptional items**
**Gross income in the year including exceptional items**
**_Expenditure_**
Charitable expenditure, excluding depreciation and amortisation
Governance costs
**Total expenditure in the year**
Tax on surplus on ordinary activities
**Retained surplus for the financial year**
**Net income after tax in the financial year**
**Net income before tax in the financial year**|**2022**
**£**
32,519
**32,519**
**32,519**
41,840
500
**42,340**
**(9,821)**
-
**(9,821)**
**(9,821)**|**2021**
**£**
38,846|
|---|---|---|
|||**38,846**|
|||**38,846**|
|||29,455
600|
|||**30,055**|
|||**8,791**
-|
|||**8,791**|
|||**8,791**|
All activities derive from continuing operations
The headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
**The notes attached on pages 11 to 13 form an integral part of these accounts.**
9
##
|||||S|O R P|||||
|---|---|---|---|---|---|---|---|---|---|
||||N o t e|R|e f||2 0 2 2||2 0 2 1|
||||||||£||£|
|C u r r e n t||a s s e t s|||B|||||
|C a s h a t b a n k a n d i n h a n d|||||B 4|11 , 2 4 5||2 1 , 5 2 6||
|Creditors: amounts falling due within||||||||||
|o n e|y e a r||2|C|l|(620)||(1,080)||
|N e t|c u r r e n t
a s s e t s||3||||1 0 , 6 2 5||2 0 , 4 4 6|
|The|total|net assets of the charity|||||1 0 , 6 2 5||2 0 , 4 4 6|
|R e s t r i c t e d|f u n d s||||||||
|---|---|---|---|---|---|---|---|---|
|U n r e s t r i c t e d|
F u n d s||||||||
|U n r e s t r i c t e d|R e v e n u e F u n d s|5|D|3|1 0 , 6 2 5||2 0 , 4 4 6||
|||||||1 0 , 6 2 5||2 0 , 4 4 6|
|Designated|Funds||||||||
|Total charity funds||||||1 0 , 6 2 5||2 0 , 4 4 6|
## **IGIVE**
## **Notes to the Accounts for the year ended 31 March 2022**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## _**Policies relating to categories of income and income recognition.**_
## **Nature of income**
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## **Categories of Income**
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
## **Income recognition**
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no endowment funds.
11
## **IGIVE**
## **Notes to the Accounts for the year ended 31 March 2022**
|**2**
**Creditors: amounts falling due within one year**
Accruals
**3**
**Income and Expenditure account summary**
**At 1 April 2021**
Surplus after tax for the year
**At 31 March 2022**|**2022**
**£**
620|**2021**
**£**
1,080|
|---|---|---|
||**620**|**1,080**|
||**2022**
**£**
20,446
(9,821)|**2021**
**£**
11,655
8,791|
||**10,625**|**20,446**|
## **4 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 March 2022**
Current Assets
Current Liabilities
**At 1 April 2021**
Current Assets
Current Liabilities|**Unrestricted**
**funds**
**£**
11,245
(620)|**Designated**
**funds**
**£**
-|**Restricted**
**funds**
**£**
-
-|**Total**
**Funds**
**£**
**11,245**
**(620)**|
|---|---|---|---|---|
||**10,625**|**-**|**-**|**10,625**|
||**Unrestricted**
**funds**
**£**
21,526
(1,080)|**Designated**
**funds**
**£**
-
-|**Restricted**
**funds**
**£**
-
-|**Total**
**Funds**
**£**
**21,526**
**(1,080)**|
||**20,446**|**-**|**-**|**20,446**|
## **5 Change in total funds over the year as shown in Note 4 , analysed by individual funds**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
**Total unrestricted and designated funds**
**Total charity funds**|**Funds brought**
**forward from**
**2021**
**£**
20,446|**Movement in**
**funds in 2022**
**See Note 6**
**£**
(9,821)|**See Note 0**
**£**
**-**
**Transfers**
**between**
**funds in 2022**|**Funds carried**
**forward to**
**2023**
**£**
**10,625**|
|---|---|---|---|---|
||**20,446**|**(9,821)**|**-**|**10,625**|
||||||
||**20,446**|**(9,821)**|**-**|**10,625**|
12
## **IGIVE**
## **Notes to the Accounts for the year ended 31 March 2022**
## **6 Analysis of movements in funds over the year as shown in Note 5**
|**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds|**Income**
**2022**
**£**
32,519|**Expenditure**
**2022**
**£**
(42,340)|**Other**
**Gains &**
**Losses**
**2022**
**£**
-|**Movement**
**in funds**
**2022**
**£**
**(9,821)**|
|---|---|---|---|---|
||**32,519**|**(42,340)**|**-**|**(9,821)**|
## **7 The purposes for which the funds as**
## _**Unrestricted and designated funds:-**_
Unrestricted Revenue Funds
These funds are held for meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.
## **8 Ultimate controlling party**
The charity is under the control of its legal members.
13
## IGIVE 31 MAR 2022 EWFRS102NONEND
## signed
## Final Audit Report 2022-06-18
Created: 2022-06-17 By: Pervez Latif (pervez@plc4accounts.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAwIKlKveA5t9NITG-CGOEzWSr52_SKwPX
## "IGIVE 31 MAR 2022 EWFRS102NONEND signed" History
## Document created by Pervez Latif (pervez@plc4accounts.co.uk)
2022-06-17 - 3:04:41 PM GMT- IP address: 81.107.35.194
Document emailed to admin@gardezijay.co.uk for signature
2022-06-17 - 3:05:18 PM GMT
## Email viewed by admin@gardezijay.co.uk
2022-06-17 - 4:42:14 PM GMT- IP address: 104.28.89.79
## Document e-signed by Peter Jayawardene (admin@gardezijay.co.uk)
Signature Date: 2022-06-18 - 12:39:49 PM GMT - Time Source: server- IP address: 82.7.166.157
Agreement completed.
2022-06-18 - 12:39:49 PM GMT