LIVEKIND Charity Incorporated Organisation (C.l.O) Annual Report & Financial Statement For the period ended 30 July 2020 Registered Charity No: 1164237 UVEKIND Annual Report and Financial Ststement Reglstered Charrty No: 1164237
LIVEKIND Period Ended 30July 2020 Princlpal address: Second Home 47-49 Princes Place London WII 4QA Trustees: JUDITH CLEGG CHRISTIAN HUNT SIMON SHAW Governing document The organisation is operated under the rules of its constitution. Bankers: HSBC Accountant AIMS Accountants for Business Chartered Certified Accountant 103 Friern Barnet Road London Nll 3EU UVEKIND Annual Report and financial Statement Reglstered Charlty No: 1164237
LIVEKIND FINANCIAL ACCOUNTS FOR PERIOD ENDED 30 JULY 2020 CONTENTS Pages Trustees Report Receipts and Payments Statement of Assets and Liabilities 9-10. Notes to the Accounts UVEKIND Annual Report and Financial Statement Reglstered Charity No: 1164237
LIVEKIND Report of the Trustees for the pertod ended 30 July 2020. Trustees and Their Responsibilities Charity trustees are the people who Serve on the governing body of a charity. They may be known as trustees, directors, board members. governors or committee members. The principles and main duties are the same in all cases. Trustees have, and must accept. ultimate responsibility for directing the affairs of a charity, and ensuring that it is solvent. well-run. and meetin8 the needs for which it has been set up. LiveKind Trustees are pleased to present their annual report and financial statements for the period ended 30July 2020. The Trustees have adopted the provisions of the Statement of Recommended Prartice ISORP 20051 (Accountin8 Standards Charities Act 20111. Principle Objects A. Gender Inequality and Gender-Based Wiolence To help relieve the mental and physical sickness of persons globally suffering from the impacts of gender inequality and gender-based violence by the provision of counselling and support for such persons. To advance the education of the public in the subject of gender equality and the prevention of gender inequality and gender-based violence. For the public benefit to promote the education (including social and physical training) of people impacted or potentially impacted by gender inequality, globally, in such ways as the charity trustees think fit, including bv: Awarding to such persons, scholarships, maintenance allowances or grants tenable at any university. college or institution of higher or further education. Providing their education (including the study of music or other arts), to undertake travel in furtherance of that education or to prepare for entry to any occupation, trade or profession on leavin8 any educational establishment. B. Animal Welfare To promote humane behaviour towards animals by providing appropriate care. protection, treatment and security for animals which are in need of care and attention by reason of sickness, maltreatment. poor circumstances or ill-usage and to educate the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals. For the benefit of the public to relieve the suffering of animals in need of care and attention and, in particular. to provide and maintain rescue homes or other facilities for the reception, care and treatment of such animals. C. Conservation and the Environment To promote for the benefit of the public the conservation. protection and improvement of the physic31 and natural environment. To advance the education of the public in the conservation, protection and improvement of the physical and natural environment. UVEKIND Annual Report and Financlal Statement Reglstered Charity No: 1164237
D. Grant Making To advance such charitable purposes (according to the law of England and Wales) as the trustees see frt from time to time in particular. but not limited to, advancing the objectives above by making grants and awards to UK and international charities. NGO'S and community organisations. Mission Statement LiveKind's core values are those of Ahimsa. All LiveKind activities must be carried out in accordance of Ahimsa principles. For the purposes of clarityAhims3 is a term meaning'compassion, and 'not to injure, Ahimsa is also referred to as non-violence. Ahimsa means to cause no harm and it applies to all livin8 beings including all animals as well as people. For this reason, LiveKind will only support the provision of vegetarian food and product in people, projetts and activities that we support. Activities and Achlevements During the period, the trustees continued to research and evaluate future projects to fund. However, the global pandemic had a significant impact on their ability to conduct and conclude due diligence. As a result, no new projerts were funded during the period. Structure, Governance and Management LiveKind is a Charitable Incorporated Organisation ICIOI, registered with the Charity Commission and governed by its constitution, dated 3 November 2015. Membership of the CIO is currently held by the TrLtstees. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. The trustees who Served duringthe year are shown on page 2 of this report. Risk Management The Trustees review risks relevant to the charity as part of their governarbce processes. Any material risks identified are discussed and decisions made on potential mitlgation. Reserves Policy and Goin8 Concern The Board has assessed the charitys requirements for reserves in the light of the main risks to the organisation. As a result, the Board has approved a policy whereby the unrestricted funds not committed, should be held in reserve and maintained at a level, which ensures that LiveKind's core activity could continue during a period of unforeseen difficulty. The target reserve amount represents at least 6 months'126 weeks) expenditure and will be reviewed annually. Public Benefit The Trustees confirm that they have complied with their duty under the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. Related Parties and Cwperation with Other Organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior managerof the charity with its members must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. In the current year no such related party transattions were reported. UVEKIND Annual Report and Finandal Ststsment Registered Charlty No.. 1164237
Volunteers LiveKind relies on voluntary help; we wish to thank our volunteers for their loyal support and contribution. Internal and External Factors The trustees are very grateful to the donors for their kind support. Future Plan In 2020121, the trustees will identify and review potential projects to fund. This may include the option of making final disbursement grants and closing the charity- Signed on behalf of all members Ms Judi Ichairpersonl UVEKIND Annual Report and Financial Staternent Registered Charity No: 1164237
UVEKIND," RECEIPTS & PAYMEKfs FOR THE PERIOD ENDED 30 JULY 2020 Unre5trirted Restrirted Total Fund Fund Funds 2020 Total Funds 2019 INCOMING RESOURCES Donations and legacies HMRC Charity Credit 2.174 16 2,174 16 1,382 222 TOTAL INCOMING RESOURCES 2,190 2,190 1,604 RESOURCE EXPENDED Expenses on charitable artivities Grant to fund LiveKind Kibera Projett paid to Little Rock Education Centre Supply of provisions Book donations Expenses on support and administration Accounting and software Banking and finance 225 225 205 144 144 173 TOTAL RESOURCES EXPENDED 369 369 378 Net Incomings and Outgolngs 1,821 1,821 1,226 Balance Brought Forward 10,404 10,410 9,184 Balance as at 30 July 2020 12,225 12,231 10.410 IThe notes form part of this account) UVEKIND Annual Report and Flnancial Statement Registered Charity No: 1164237
LIVEKIND Charity Number: 1164237 Statement of Assets & Liabllities as at 30 July 2020 Unrestrirted Funds Restricted Funds Funds 2020 Funds 2019 Cash at bank- Current Accrued donations Accrued expenses 12.225 652 15101 12,231 652 {5101 10,410 1,028 TOTAL FUNDS 12,367 12,373 11,438 Llabilitles: None The accounts were approved by the Trustees on 22nt8January 2025 and signed on their behalf by:_ Ms Judith Clegg Ichairpersonl UVEKIND Annual Report and Finanaal Statement Registered Charfty No: 1164237
LIVEKIND NOTES TO THE ACCOUNT5 FOR THE PERIOD ENDED 30 JULY 2020 l. Accounting Basis The principal accoursting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows- a} Basis of preparation The financial statements have been prepared in accordance with 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 IFRS 102) (effective l January 20151- Icharities SORP {FRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charrties Act 2011. LiveKind 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 notels). bl Reconciliation with previous Generally Accepted Accounting Practice In preparing the accounts. the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was needed. No restatements were required. cl Preparation of the accounts on a going concern basis The Charity trustees are of the view that measures taken in reviewing organisational costs regularly and successful in applying for continuation fundin8 have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern. 2. Cash Flow Statement The trustees have taken advantage of the exemption in Financial Reporting Standard No I (revised) from including a cash flow statement in the financial ststements on the grounds that the charity is small. 3. Incoming Resources All incoming resources are included in the Receipts and Payments when the organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy. 4. Resource Expendable All expenditure. is accounted for on a cash basis and has been included under expense5 categories that aggregate all costs for allocation to artivities. UVEKIND Annual Report and Financial Statement egistered Chaiity No: 1164237
- Tanglble Fixed Assets There is no fixed asset to be depreciated.
- Trustees Remuneration The Trustees were not remunerated.
- Governance and Support Cost Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable artivities. Support costs include back office costs. finance, and governance costs which sUPPOrt the Charity aL1ivities. Many support and governance costs e.g. website costs are paid for direttly by a Lirnited Company donor. This donor also makes additional donations which cover all remaining support costs e.g. bank/finance charges etc.
- Fund Accountlng Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work.
- Taxation LiveKind is a registered charity and is not liable.for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.
- Pension Costs and Other Post-Retirement Benefits None
- Status LiveKind is a registered Charitable Incorporated Organisation.
- Restricted Fund Analysis Balance Incoming resources Outgoing resources Balance at 30 JULY2020 blf Various Donations Purpose of restrirtedfund.. Donations were receivedfrom individuol donors, whiTch were spent in accordonce with the restrirtions requested by the donors. In the opinion of the trustees. expenditure of this kind is con515tent with the stoted objertives of the charity. io UVEKIND Annual Report and Financial Statement Re8iStered Charity No". 1164237