OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2020 Period start date To 31/03/2021 Period end date

Charity name: KNOWLEDGE AND WISDOM

Charity registration number: 1162676

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 Advancement of education for the public by
the provision of books and other literature
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.		 Para 1.17 and
1.19		 Publish and distribute books and other
literature.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 YES

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 Imparting of knowledge. Supporting
community affected by the Pandemic

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set		 Para 1.41
Performance of fundraising
activities against objectives
set		 Para 1.41
Investment performance
against objectives		 Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 To retain a minimum of £ 250 in the bank, in
the advent the charity needs to close. This will
enable the trustees to ensure any liabilities
payable can be settled
Amount of reserves held Para 1.22 £ 250
Reasons for holding zero
reserves		 Para 1.22
Details of fund materially in
deficit		 Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 No Concerns

Additional information (optional)

You may choose to include further statements where relevant about:

Donations in Kind The charity’s principal sources of funds (including Para 1.47 any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)		 Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)		 Para 1.25 CIO FOUNDATION
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 (1) Apart from the first charity trustees, every
trustee must be appointed [for a term of
[three] years] by a resolution passed at a
properly convened meeting of the charity
trustees. (2) In selecting individuals for
appointment as charity trustees, the charity
trustees must have regard to the skills,
knowledge and experience needed for the
effective administration of the CIO

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees		 Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works		 Para 1.51
Relationship with any related
parties		 Para 1.51
Other

Reference and Administrative details

Charity name Knowledge and Wisdom
Other name the charity uses
Registered charity number 1162676
Charity’s principal address 320 Lewisham High Street London SE13 6JZ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Mr Mohammad
Tariq
Mr Ackeel Rahman
Mr Mohammad
javid Nasir

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets NONE held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date

KNOWLEDGE AND WISDOM

Charity Name		 KNOWLEDGE AND WISDOM

Charity Name		 KNOWLEDGE AND WISDOM

Charity Name		 1162676
No (if any)		 1162676
No (if any)		 CC16a
For the period
from		 01/04/2020
Period start date		 To 31/03/2021
Period end date
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
-
56,364
-
-
-
-
-
-
56,364
-
-
-
56,364
3,840
21,415
-
2,673
950
430
300
560
943
1,800
150
33,061
-
-
-
33,061
23,303
-
1,765
25,068		 Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Endowment
funds
to the nearest £		 Total funds
to the nearest £
-
56,364
-
-
-
-
-
-
56,364
-
-
-
56,364
3,840
21,415
-
2,673
950
430
300
560
943
1,800
150
33,061
-
-
-
33,061

23,303		 Last year
to the nearest £
- -
-
-
-
-
-
-
-
-		 - -
DONATIONS 56,364 56,364 22,347
- - -
- - -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)		 56,364 56,364 22,347
A2 Asset and investment sales,
(see table).
- -
-
-		 -
- - -
Sub total - - -
Total receipts
A3 Payments
- 56,364 22,347
FEED THE HOMLESS 3,840 -
-
-
-
-
-
-
-
-
-		 3,840 4,360
MAGAZINES AND PROMOTIONS 21,415 21,415 8,465
BOOKS AND PERIODICALS - - 3,844
PRINT,POST & STATIONERY 2,673 2,673 1,655
SHIPPING & IMPORT COSTS 950 950 -
TELEPHONE 430 430 400
SOCIAL MEDIA - MARKETING 300 300
ELECTRICTY 560 560 480
LEGAL FEES 943 943 656
RENT 1,800 1,800 2,400
ACCOUNTANTS FEE 150 150 150
**Sub total ** 33,061 33,061 22,410
A4 Asset and investment
purchases, (see table)
- -
-
-		 -
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 33,061 22,410
23,303 - -
23,303		 - 63
- - -
-		 - -
1,765 - 1,765 1,828
25,068 - - 25,068 1,765

CCXX R1 accounts (SS)

31/12/2021

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets		 Signature
MJN
Details
Details
HSBC BANK ACCOUNT
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details		 Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
25,068
-
-
-
-
-
25,068
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
MOHAMMAD TARIQ		 Endowment
funds
to nearest £
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
MJN MOHAMMAD TARIQ 27.12.2021

CCXX R2 accounts (SS)

31/12/2021

2

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
On accounts for the year
ended
Set out on pages
Responsibilities and
basis of report		 Charity Name
Knowledge and Wisdom		 Charity Name
Knowledge and Wisdom		 Charity Name
Knowledge and Wisdom
31stMarch 2021 Charity no
(if any)		 1162676
1
I report to the trustees on my examination of the accounts of the above
charity for the year ended 31/03/2021.
As the charity's trustees, you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
I report in respect of my examination of the Trust’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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Date: 28/12/2021 Signed: Name: Z F BEGG Relevant professional ACCA qualification(s) or body (if any): Address: 24 CHURCH ROAD, LONDON SE19 2ET

1