REGISTERED COMPANY NUMBER: 09398265 (England and Wales) REGISTERED CHARITY NUMBER: 1162821
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2021
for
A GIFT TO LIFT
Celerica Ltd Accountants
First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
A GIFT TO LIFT
Contents of the Financial Statements for the Year Ended 31 January 2021
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 11 |
| Detailed Statement of Financial Activities | 12 |
A GIFT TO LIFT
Report of the Trustees for the Year Ended 31 January 2021
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2021. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aims and objectives of the charity is to support those battling with blood cancer.
Significant activities
The significant activities carried out by the charity during the year included raising awareness of blood cancer through organising events.
Public benefit
The Trustees have considered the general guidance on public benefit issued by the Charity Commission and taken due regard of that guidance. The Trustees consider that they are satisfied that the charity's activities do provide a wide public social benefit
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has been providing blood cancer patients with wishes in the midlands area. We have managed to build a good rapport with the Nottingham, Leicester hospitals, Birmingham Queen Elizabeth and Stoke Hospital leading them to recommend patients to us in need of a wish, allowing us to carry out a wish of their choice. This relationship helps us to meet our charity criteria regarding providing wishes to blood cancer patients within the Nottingham, Leicester, Birmingham area. This is what we are all about, being able to give someone in need of a lift during their harsh treatment and long periods of time spent in hospital.
We are supportive of Bloodwise, a Charity that researches into blood cancer. We support them by donating money to go to research and trials for blood cancer patients, for further advance treatments that will hopefully one day be able to beat blood cancer.
The charity has been affected this year due to covid, so wishes have been limited due to restrictions in the hospitals. So we took the opportunity to build up the reserve funds for the holiday home. Our aim of a holiday home has been much of our focus this year, hopefully we will be soon have enough funds to purchase one. We can not wait to offer a holiday home for patients to spend quality time with family friends, treasure the time together making memories and give blood cancer patients a lift during their battle with blood cancer. A house is so important to patients when you are going through treatment your outings become limited, due to a weak immune system, the importance for us to offer a nice clean safe place to holiday in.
Fundraising activities
A Gift To Lift have arranged activities as a form of fundraising. In previous years ,we have held a number of events including, golf day, sponsored walk, charity ball, music festival, cinema event, skittle nights, quiz night and coffee mornings, just to name a few.
Unfortunately, we have been restricted with doing some of our fundraising events due to covid restrictions. We have however managed to do some sponsored fundraising events, 24 hours exercise event, sponsored walks, bike rides, Alex our founder 30th birthday bash .supporting members of the public have done fundraising doing virtual events due to covid restrictions.
FINANCIAL REVIEW
Financial position
The charity has maintained a good income stream from donations and and fund raising events. During the period, the charity made a net surplus of £17,705.
Principal funding sources
The principal funding sources were derived from donations thanks to the general public.
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A GIFT TO LIFT
Report of the Trustees for the Year Ended 31 January 2021
FINANCIAL REVIEW
Reserves policy
The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. The Charity has sufficient reserves for it to continue for the foreseeable future.
FUTURE PLANS
The future plans of the charity is to grow the designated reserves so that it can acquire a dwelling for use by blood cancer sufferer's and their family.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
09398265 (England and Wales)
Registered Charity number
1162821
Registered office
First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
Trustees
Miss L C Haswell Director Mrs J Hopwood Director Miss L J Millman Director
Company Secretary
Independent Examiner
MR ANILKUMAR TAILOR F.C.C.A ACCA Celerica Ltd Accountants First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
Approved by order of the board of trustees on 13 October 2021 and signed on its behalf by:
Mrs J Hopwood - Trustee
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Independent Examiner's Report to the Trustees of A GIFT TO LIFT
Independent examiner's report to the trustees of A GIFT TO LIFT ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
MR ANILKUMAR TAILOR F.C.C.A ACCA Celerica Ltd Accountants First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
13 October 2021
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Statement of Financial Activities
for the Year Ended 31 January 2021
| 31.1.21 Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 25,862 Other trading activities 2 7,753 Investment income 3 365 Other income 6,733 Total 40,713 EXPENDITURE ON Raising funds 4 16,141 Charitable activities Gift Boxes 710 Sale of Jewellery 1,500 Grants to assist research - Sundry expenses 4,272 Other 385 Total 23,008 NET INCOME 17,705 RECONCILIATION OF FUNDS Total funds brought forward 208,392 TOTAL FUNDS CARRIED FORWARD 226,097 |
31.1.20 Total funds £ 40,915 36,684 769 - |
|---|---|
| 78,368 24,042 4,617 - 6,000 7,150 11,039 |
|
| 52,848 | |
| 25,520 182,872 |
|
| 208,392 |
The notes form part of these financial statements
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Balance Sheet
31 January 2021
| 31.1.21 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 9 941 CURRENT ASSETS Stocks 10 1,750 Cash at bank 226,486 228,236 CREDITORS Amounts falling due within one year 11 (3,080) NET CURRENT ASSETS 225,156 TOTAL ASSETS LESS CURRENT LIABILITIES 226,097 NET ASSETS 226,097 FUNDS 12 Unrestricted funds 226,097 TOTAL FUNDS 226,097 |
31.1.20 Total funds £ 1,326 3,250 206,896 210,146 (3,080) 207,066 208,392 208,392 208,392 208,392 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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A GIFT TO LIFT
Balance Sheet - continued
31 January 2021
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2021 and were signed on its behalf by:
J Hopwood - Trustee
L C Haswell - Trustee
L J Millman - Trustee
The notes form part of these financial statements
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Notes to the Financial Statements
for the Year Ended 31 January 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared 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' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & equipment - 20% on cost Computer equipment - 33% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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Notes to the Financial Statements - continued
for the Year Ended 31 January 2021
2. OTHER TRADING ACTIVITIES
| 2. | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|
| 31.1.21 | 31.1.20 | ||
| £ | £ | ||
| Fundraising awareness events | 7,753 | 36,684 | |
| 3. | INVESTMENT INCOME | ||
| 31.1.21 | 31.1.20 | ||
| £ | £ | ||
| Deposit account interest | 365 | 769 | |
| 4. | RAISING FUNDS | ||
| Raising donations and legacies | |||
| 31.1.21 | 31.1.20 | ||
| £ | £ | ||
| Support costs | 10,690 | 1,458 | |
| 5. | NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | |||
| 31.1.21 | 31.1.20 | ||
| £ | £ | ||
| Depreciation - owned assets | 385 | 385 |
6. TRUSTEES' REMUNERATION AND BENEFITS
The wages of £10,654 were paid to Mrs J Hopwood, a trustee of the charity for work undertaken during the year in respect of raising funds and awareness of the charity. This also included the general management of the charity. The salary was carefully reviewed and confirmed to be below market value in order to achieve the charity's primary aims and objectives.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2021 nor for the year ended 31 January 2020.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.1.21 | 31.1.20 | |
|---|---|---|
| Management and awareness | 1 | 1 |
No employees received emoluments in excess of £60,000.
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2021
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | |||||
| £ | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 40,915 | ||||
| Other trading activities | 36,684 | ||||
| Investment income | 769 | ||||
| Total | 78,368 | ||||
| EXPENDITURE ON | |||||
| Raising funds | 24,042 | ||||
| Charitable activities | |||||
| Gift Boxes | 4,617 | ||||
| Grants to assist research | 6,000 | ||||
| Sundry expenses | 7,150 | ||||
| Other | 11,039 | ||||
| Total | 52,848 | ||||
| NET INCOME | 25,520 | ||||
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 182,872 | ||||
| TOTAL FUNDS CARRIED FORWARD | 208,392 | ||||
| 9. | TANGIBLE FIXED ASSETS | ||||
| Fixtures | Computer | ||||
| & equipment | equipment | Totals | |||
| £ | £ | £ | |||
| COST | |||||
| At 1 February 2020 and 31 January 2021 | 1,928 | 3,927 | 5,855 | ||
| DEPRECIATION | |||||
| At 1 February 2020 | 602 | 3,927 | 4,529 | ||
| Charge for year | 385 | - | 385 | ||
| At 31 January 2021 | 987 | 3,927 | 4,914 | ||
| NET BOOK VALUE | |||||
| At 31 January 2021 | 941 | - | 941 | ||
| At 31 January 2020 | 1,326 | - | 1,326 |
continued...
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Notes to the Financial Statements - continued
for the Year Ended 31 January 2021
| 10. STOCKS Stocks 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 12. MOVEMENT IN FUNDS At 1.2.20 £ Unrestricted funds General fund 18,392 Designated fund - Holiday Home for blood cancer patients 190,000 208,392 TOTAL FUNDS 208,392 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 40,713 TOTAL FUNDS 40,713 Comparatives for movement in funds Net movement At 1.2.19 in funds £ £ Unrestricted funds General fund 22,872 25,520 Designated fund - Holiday Home for blood cancer patients 160,000 - 182,872 25,520 TOTAL FUNDS 182,872 25,520 |
31.1.21 31.1.20 £ £ 1,750 3,250 31.1.21 31.1.20 £ £ 3,080 3,080 Net movement At in funds 31.1.21 £ £ 17,705 36,097 - 190,000 17,705 226,097 17,705 226,097 Resources Movement expended in funds £ £ (23,008) 17,705 (23,008) 17,705 Transfers between At funds 31.1.20 £ £ (30,000) 18,392 30,000 190,000 - 208,392 - 208,392 |
|---|---|
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2021
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 78,368 | (52,848) | 25,520 |
| TOTAL FUNDS | 78,368 | (52,848) | 25,520 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated fund - Holiday Home for blood cancer patients TOTAL FUNDS |
At 1.2.19 £ 22,872 160,000 182,872 182,872 |
Net movement in funds £ 43,225 - 43,225 43,225 |
Transfers between funds £ (30,000) 30,000 - - |
At 31.1.21 £ 36,097 190,000 |
|---|---|---|---|---|
| 226,097 | ||||
| 226,097 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 119,081 | (75,856) | 43,225 | |
| TOTAL FUNDS | 119,081 | (75,856) | 43,225 | |
| 13. | RELATED PARTY DISCLOSURES |
There were no related party transactions for the year ended 31 January 2021.
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| INCOME AND ENDOWMENTS Donations and legacies Fundraising income donated Donations Other trading activities Fundraising awareness events Investment income Deposit account interest Other income HMRC Job Retention Scheme Total incoming resources EXPENDITURE Other trading activities Fundraising awareness costs Charitable activities Sundries Grants to institutions Gift boxes for families Support costs Management Wages Insurance Telephone Postage and stationery Advertising Accountancy Information technology Depreciation of tangible fixed assets Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 31 January 2021 31.1.21 31.1.20 £ £ 20,086 31,704 5,776 9,211 25,862 40,915 7,753 36,684 365 769 6,733 - 40,713 78,368 5,451 22,584 64 1,617 - 6,000 2,210 4,617 2,274 12,234 10,690 10,654 102 3,189 704 877 569 387 1,165 1,458 1,668 1,080 14,898 17,645 385 385 23,008 52,848 17,705 25,520 |
Detailed Statement of Financial Activities for the Year Ended 31 January 2021 31.1.21 31.1.20 £ £ 20,086 31,704 5,776 9,211 25,862 40,915 7,753 36,684 365 769 6,733 - 40,713 78,368 5,451 22,584 64 1,617 - 6,000 2,210 4,617 2,274 12,234 10,690 10,654 102 3,189 704 877 569 387 1,165 1,458 1,668 1,080 14,898 17,645 385 385 23,008 52,848 17,705 25,520 |
|---|---|---|
| 40,915 36,684 769 - |
||
| 78,368 22,584 1,617 6,000 4,617 |
||
| 12,234 10,654 3,189 877 387 1,458 1,080 |
||
| 17,645 385 |
||
| 52,848 | ||
| 25,520 |
This page does not form part of the statutory financial statements
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