ljarity Registration No. 1164534 Compw Reothtlon Flo. 09385405 (England and Wales) NATALIA FAITH GRACE FOUNDATION LTD ANNUAL REPORT AND UNAUDITED FINANCL4L ATEmENTs FOR THEYEARENDED 30 IUNE 20ZI
NATALIA FAITH GRACE FOUNDATION LTD LEGAL AND ADmINRATIVE INFORMATION Tru5tÈes Mr P Ayasundara Mrs Jhyasundara SThompson Dsingaratnam Charity number 1164534 Compa4y number 09385405 Prinapal addre55 24 IWLacre RH43BF Independent examxner Iighi Work AcontEnE Ltd Wessex House Upper Matket &reet F2Stleigb HOpShir¢ S050 9FD
NATALIA FAITH GRACE FOUNDATION LTD CONTENTS Page Trn5tccs report &atement ofirugtees respottsiTrsllit Independcnt rxamiller's T¢POTt atrellt of fiTtxttcxal activtties Ba]ance sheet Notes to tbc Ffflanoal staternents 10-11
NATALIA FAITH GRACE FOUNDATION LTD TRusfEES REPORT (INCLUDING DIRE0 REPORT) FOR THE YL4R ENDED 30 JUNE 2021 The trustees present their r¢port and frnancial slalements k)r the ar ended 30 kne 2021. The 6nancial stattments have becn prepared in a¢¢ordantt with tFte atcolltttitig policics set out in note lo the financial statetnentS 2nd compty with thc thariws tgoverning docu¢t]. the Co]DpaleS A¢t 2006 and 'Accouniin8 and REPOrting by a]atitfC5-. &ai¢]D¢ni of Recommended Ptaatce applicablc to charitie5 PrePillg thelr auounls in acwrdance with the Financial Reporting &andard appl]b]e ID the UKand R¢public of Fre]aDd (FRS 102) Icffc¢tive I hnuary 2019)-. Objettlvès and acdvttles Thc rhkrity's objects are to relieve the necds tsfyoung homeless chtklreo ihrougb= The provision ofan orpb#uagE lttdia b. The proNrysion ofa aLristTaD enVirouent for advdn¢tngedllÈron Thc provision of supporting acÉiYities to dcvclop life skills and ¢apaciry to panKipate in society as mature and responsible Individuals Sta¢emeDt o[Trust. respoDslbiUtles The trustees, who are also the directors ofNatalia Faith FouudatToM Ltd for th¢ puipose ofcompany18w. are responsible for prepkrtttg the Trustee5 R£port and the accouuÉ5 itl awordan¢e wilh applicable law and ihited Killgdom AcUnting Standttrds (tknxted Thgdom ctneraltyAcpted kniwttingPractTrr£). 0panY taw requires the tnksiees (o pieparc accounts S)r each finan¢ial year which give a trlle and fi]r view of the state ofaffdirs ofthe ¢harJty attd olthc ittcoming resources and zppliotioll of resourcrs. inc]udiDg thc illcome and cxpenditure.ofihe ¢harTtable o)mpaoy for that year. ltt preparingtbeK accoullts.the tttsstees are requircd to: - s¢le£t suitable a¢countin8po]icitg attd then appty them wisisontty" -observe the methods and prin¢ipks iti the(hattttts . -make jud8cments and cstimat¢5 that arc r¢asonable andprudeDt- aDd prepare the aco)unts on th¢ goiug concern basis unkss tt is inappropri8te Éo presu]ne that ihe charaty will continue ill oper8STOtt. The trustees arc rc5Ptr1151bl¢ for kceping 4dequ3tc arrovuting r¢coTds ihai disclose witb rea50nablc &rcui8ry at any tjrne the finaEJcial POSlllOD of lh¢ tharity and enable them To ensure ih8t thr aLWUllts Comply with the Q)rnpani¢s kt 2006. They ar¢ abo reSpOS17)k for safeguardtng tbe assets of the ChltY and het)ce for L2kiag reasollable steps for the Prevention and detectioD of fraud and other irregularities.
NATALIA FAITH GRACE FOUNDATION LTD TRUSTEES REPORT (INCLUDING DIREcfoRS' REpoKf) [COlNuED) FOR THE YEAR ENDED 30 JUNE 2021 The tharitys policies indude: (l ) raising fvnds,. in doing so, the tharity must not undcrtakc any taxable pernjanent trading activity ad must cop WTth ally rckvoDt statutory i¢gulations- (2) buy.take on lease or in exchange. hite o¥ otherwise acquire anyproperty andto maintain and ¢quip it for vs¢: (3) scll. lease or otheTwise dispose of all or any part of the property be10Bn2 to the charity- tll excicisÉng this power.the charity must compty Rs &pproprixte with sectiotts 117 attd 122 ofthe (harities P£t 201 I. {4) borrow money and to charge the whole or any part of the property beloDgillg to lh£ charity as 5CQJlity for repayment of ihe money borrowed or as secur¥ty fi)r a grant or the di%charge of an ob]igation. The charity must ¢omp]y as &ppropri&te with sections 124- 126 oftbe arItIeS kn 201 l if it wish¢s to mortgage land- (51 co-operate wilh other charities. voluntary bod&es aud stabjtory aFJthorÉtses alld to exchattge itifomation and 8dTrice with them,. {6) estab]isb or support any charitable trusts. #SSOLiati(trns or illstituiiolls knned for any of the chariiable purposes itt¢lud¢d tn Ihe (bj¢as' (7} arquire.m¢rge with or to cntcr into allypartnersh or jOiDI veDture arrangement with any other charity? {8} Set aside mcoJn¢ a5 a rcsuvt agawst hturc ¢xpendituFe but onty in accordance with a Frittcn polary about rcserve%.' 19} employ &rÈd remunerate su¢b staff as are tte¢essary for Lxrrying out the work of the chity. The charity TD#y ¢llLploy or r¢mun¢raÉe a director onty to the extent it is permitted io do so by atti¢le 7 and provided it complies wÈth th¢ condiiions in that anick- (io) (a) deposit or iVeSt fiJods- (b) ¢Jnphiya profc551ollal tsrtd-rnana8cr- and (¢1 arrange for the [[LVe5te7jtS or other properry ofttLe Cbariry io b¢ beld ID tb¢ n£Tlle of a no]et- in tbe same
nller alld subjeci io the same conditiolls as the trustees of a trust ore permitted io do by ibe Trllstee 2000.
( I I I pr(Ivide t#deJnntiy insp]ranct for the directors ill a¢¢ord2nte with, attd sllbiect to the condition5 ifL. Sectio 189 ofthe (harities kt 2011. (121 pay out ofthe futtds ofth¢ charity the COMS ofkirmiDg4nd regi5tcringthe rlwity both as a wmp8tsy and as a eharily The trustees have paid due regard io guidance issued by the (harity CornmTr8$ion in deeiding what aetivities the arity should undertak¢.
NATALIA FAITH GRACE FOUNDATION LTD TRuEEs REPORT (INCLUDING DIREcfoRS' REPOKry (coNfiNUED) FOR THEYEAR ENDED 30 JUNE 2021 Trlnanclal review Thc charity rn8de a number of doTJ8tions listed below ro Trinity life Trust. the ststei ¢haTsty io Tndia for ihe ¢onsiruction and opcration of th¢ schooI and orp]Lana8¢. during thc opcratlDg yeor to rA)ver the following activities.. Buitding ofaixtss loads coniiouing Ehe buildingofw8ljs.roof Cx)ntiuuitigwith con$tnEction of retainin8walL 5ewdge tank%dramag¢ MakillgfurtheT bricks from cjayand baking in kiI Stone work ElcctrÉcal wtrin8-first stage First siage plumbin8CnmpIetin8 (kphanage IkbtsFing Ihe block4 plast¢Ei8arLd painttn8 olS1d¢ wal]s &inside buitdffing LayiDgoffjoortn (kdtring ofwittdows and doors- SLFu¥e iDstallation of windows Machinerybire. roel (J(3Tr8aors, et¢) BaÈhroom 2nd toitet fittings purthase Covid 19 protectioll &t¢r]ll wal]s usingcompleied brick Purchtsc of(tm¢nt.st¢¢land stoll¢ Tempordryworks concretillg pThent to ECer,1abQur.traDsp0rt The follown8 donataons were made to Trinity lik Trust (Sist charity in India) foT th¢ constCtion works during this reportjng ycar.. O l July 2020 (BP£10OO {equivdlent Indi80 io rnpees INR921.985 15 July 2020 (BP£IOPOO lequivdleDtto Indian rupees INR927203) 18 (kt 2020 (P £IOJJOO (cquivaleDt to lttdian rnpees INt1920fi75) 25 Nov 2020 Ip £IOPOO {equivaicnt to IndTan nspees tNR962303) 21 tkc 2020 LP £IOPOO (equiwéknt to ITtdian rw>ees INR967911) It is the poliey of the th3rity that unrestTiLed fund5 whi¢h h•v¢ not been de51gEJ&ted hr a spe¢ific use should be Tnaintained at a le] ¢quivaknt to between three ind six m(mth's &endtre. The tnLStees considers that rts¢iv¢s at this level wiiE ensure that,in the cver£t of a significant drop in fidIn& they will be able to continuc tFtC arity's current activities while cottsideration is gtven to wap in whidk 8dditional maybe ratstd. This kvel of reseryes h2s beett maitttaitx¢d througbout the yEar.
NATALIA FAITH GRACE FOUNDATION LTD TRusfEES REPORT ONCLUDING DIREcfoRS' REpoKf) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2021 New Object lor Charlty. With work drawing to a close ith tudia with possible date foT openin8 thc orphanage ill 2021 (subjeL io Covid) the Trustees wantcd to spread thtir charitabk FOTk eJsewhere around the world and &pp]ied for the (X)jeu to be widened to covcr work e15ewhere- The revised ObjeLtapprnved bYCharstyCommlo weTV. The Charitys objcct5 ('lJ>iect5') are spcrifi¢allyrc$tricted to the fijllowing To relieve the n¢¢ds ofyouttghomeless cltihjren thTough The provision ofall orphaLage in India The prO$10n of a (hri51i8n eTrvironn]ent for advancing edurntio Thc provision ofa rISti2 based orphanage aajd s¢hool im bl)eria The support ofan edu¢21ioual institution ID K¢llya {UzÈma} The PToision of sllpportin8 artivities to develop life skills and (apacity to parlicipate in society a5 maturc artd responsible iAdividua]s Orphanage & School In Liberia The k)Ilowtng a report from Hope frTrr LAberi4 the sister th2rity thTougb whAcb the Trustees have been working tiberia: Iklivered betw¢¢n huupry 4ttd knie 2021: . l]Iling alld piodu¢ing two drinkin8 water welL% foundatioll for 80 ¢Mension of thuich haTJ fvr m¢eting of the chibhen befor¢ woik (tn schooI Cnmplction of church hall ¢xt¢tssion fr)r children to meet- 5UPPQrtÉng ¢htklrea tn the blind collllnunity with food alld study material. providiugfood fj)r a blilld con)muDlry, leper colony.the disabled and disadvantagtd . Commecing work ¢)n foundttTott for chiIdren school Providin8 fi)od and ¢h)tbiDgfor children in Ternote affc55 vi114ge$ r¢ady for school when open Contitiuaiiot] ofschool constrnttxo . Trawing llp plans for orphanage thndatIOn Digw&¢l¢aTitig]8ad and PEcpf8tion ofground Purch&se oFbuildingrnatcri81.hir¢ ofplant. labour.rngineering supervision on sxtc . rIllg Covid 19 r¢stricts, work was (wrtaikd bui supportins knilies who W£ 5tuc* at home looking aftcr orphan children. Food and donations to help manycbildren to sHrvTve starvation.
NATALIA FAITH GRACE FOUNDATION LTD TRusfEES REPORT (INCLUDING DIREcfoiLS' REPORT) (CONTINUED) FOR THE YEAR ENDED 30 IUNE 2021 Amounis transfeTrcd to Hope for Liberia i a Canadian Registered (hatity who go over io L4"bcrts and dclivcr diT¢CI ton$truciion and Sertr?tt oll ihc Ollnd in Liberia 181an?O?I Equivalent Canadian LX)l]ars: CA[0.980 1 S March ?0? I EquileI Cauadiall Ibl]ars: ?.498 07 Api jl ?0? Equ71enI rx)IlaTS: knM)S?OAK)o J i 4)ril ?021 F4uEOE USLXillars.' t3DS21500 04 May ?021 E4Dih7kot LSIknllar5'. LEDS40JJOO 07 Jun¢ 2021 F4ulknI thllar$'. LSDS23.100 The Tru51ecs have assessed ihe major risks to wbicb the aLaritJ is eyposcd.and ar¢ satisfied ihar sysiems are in platt to mitigatc exposure to the m2ioT risks. Strurture, governance and nwemeltt e chariiv is 2 cott5pan)' limiied bl" guarantle and ts rewstered in the LK ¢ truslees.who are aE50 t eaors r tb¢ purpose ofcompanv IAW.and W'ho scrkcd during t c year were.. P Jal'asundira JJaN?iuodara fr SThornpson D&ngaratllanJ ne of the trusices h85 any bcnificial In[¥r¢st thc compani,. Atl o Dd gllaraotee io coniribule £1 in the eN'eEt ofa .)ndingp. Ihc trusiecs are mem ers otthe company The trustee5 repori wa5 approved by Eht Board ofTrust¢es. Mr Trustee &diretlor rhted_. * l April ?O?ry
NATALIA FAITH GRACE FOUNDATION LTD STATEMENT OF TRU RESPONSIBILITIFS FOR THE YEAR ENDED 30 IUNE 2021 The trustees. who are also the dire¢tors of Natalia Faith (ka Foundation Ltd fj)r tbe PUFPOS¢ of company ]aw, are responsible for prepartng the Tru$tees Report attd tJLe fiaancial statemenls iTt accordance with applicabk law and United KiD8dom AccouTtlin8 Standards (United Kkll8dom &nCta1tyArptcd knountjns Practi¢¢l. G)ULpany Law r¢quT¥¢S the trustee5 to prepare fiDallcial statemellts ea¢h finan¢iaT year which give a true and fair view of thc state of affairs of the (harity and of the incomiug rcsources and appli¢afiOfJ of resour¢es. tncluding the incomc and eXpedItUr¢,0fthe charitabk company hr that year. In preparing these finaDcial statemenls.the trustees aTe rCqUCd to: - select suitable accountlll8poli¢i¢s and theo apptyih¢rn consisiently. - observe the methods alldprin¢tpk$ iti the (harities )RF. - Jnake judgements and estimates that are reasonable artdprnd¢nt- state whether applIb]e UK Atcoulltittg Standards have been ftbllowed. subject to ally material departures disclosed and explained ill tbe fiDanrial 5tatements- and - piepare the financial staiem¢nts on thc going concern basis unkss li ts inappropritite to presume tbat thc (huity will continue operaiÉon. The irustees arc respoD5iblc hr k¢¢ping adequaie a¢tIllg rerdS tbat disc5¢ With reasonable acasracy at aay time thc fjll8ll¢ial post110 of the ajariry and enable them to ensure thai Ihe financial statements comply with the CnmpanRes Act 2006. They ate a]so responsli le for 58kguarding the assets of the axarity attd hentc fot takin8 reasorLable steps for the pr¢verttIott and detection offraud and o¥h¢r irregyJariti¢5_
NATALIA FAITH GRACE FOUNDATION LTD INDEPENDENT EL4MINER'S REPORT TO THE TRuEE5 OF NATALIA FAITH GRACE FOUNDATION LTD Ireport to the trustees on my examittataon ofthe fitwicial statements ofNat21ia Faith (ka Foundation (the (barity) for th¢ yeat ended 30 2021. Responsibilities and basis of report A% the trustees of the (harity land also kts directors for the purwscs of compaDy ]2w) you are rcsponsiblc fot the preparation of tht fillanCl 5tatcrncnts ]n accordance with tbe Tequirements ofthe Girnpanies kn 2006 (thc 2006 Act). knd,hr the quality alld cojnplettncss of the inrnIatiON provvjcd tothc knditors. Havttig satisfied myself that the foaD¢ial 5tattweDt$ of the (harity are not tequired to be audited under Part 16 of the 2006 Act and are eli7> for indepeudent eknmitialio. I report in respect of my examination of the ari¢yS finaMual siatern¢tLts carried out under section 145 ofthe (harities 2011 (thc 2011 ki}. ID carrying out my ex2rnit)21ion I haye fi)Ilowed all the appliobk Dire¢tton$ gwen by thc (harity Cnmmission under section 145(5J(b) ofthc 2011 A#. Independent examiBer"5 slatetiieiit I have Gompl¢t¢d ]ny exajnination. I confirm that Do att5 bave ro¥ne to my att¢ntion tn connection with the examination wing me cau5Cto believe that in anyrnateri&l rcspeLt= aecountingIeeords were t)ot kept in respect ofthe Ilarity as required bysection 386 ofthe 2006 PKt- or the financi&l statcmenis do not acry)rd with those reLY)rds- or the fi•anci?I st3teJDeBt5 do Dot cornpty with tht aL¥ounting requirements of sedion 396 of the 2006 P¢t other than any requirement that th¢ 8r¢oullts giv¢ 2 trn¢ and fatr vieTrv wbicb is not a matter coll8Tder¢d Is pari ofan indep¢ndent examiDation- or tl2e 8cl2] st2temenis have not bttn prepared in accordante with the methods and pritb¢ipks of the Stat¢ment of RecorntneTLded Practjec for accounting and reporting by charitÈ¢s appliRbl¢ tik ¢harities prepariTLg tILcif oUl]IS ill a<d0 ihe FllLancial Rcponillg S*andara applicable ill the UK a7Jd Rfjpub5i¢ of Ireland (FKS 102). I have no concerns alld have come across no other matters in connection with the examitiatiott to which attention should be drawn in tbis report in order to enabk a proper undcrstaudTugofthr I)2¢}31 stat¢m¢nt6 to be reached. Lo v.kA.4 Light Work knollntitsgd S Alaght {MAAT) L4ght Work knuting Wessex House Upp¢r Maiket Str¢¢t Fastleigh SD50 9FD Iknted: 21 Aprit2022
NATALIA FAITH GRACE FOUNDATION LTD srATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 IUNE 2021 UnTEStrirted Ugr¢strided funds ds 2021 2020 Notes Income frorn: Ibnaiions and lega¢ies Yestmtnts 190J50 96 41250 489 Total income 190.446 41.7J9 (hdritable activities 252.499 85544 Net expeoditure for theyvarl Net movement In fvttds (62.0S3) (43305) Futtd balances at l ty2020 74.430 118235 Fund balances at 30 lune 2021 12J77 74.430 The statellLent Offlall¢l81 activilies inckndes allgains and losses rth)gntsed in the year. All income and eATenditure derTv¢ from contiiiuin8 activities. The statement of financial acttvitses also ¢omphes with th¢ r¢qUIr¢entS fr)r an income alld expendimre account under the Companies A¢t 2006.
NATALIA FArrH GRACE FOUNDATION LTD BALANCE SHEEr AS AT 30 IUNE 2021 2021 2020 Curretttassets Cllsh at bank 2nd afj hand 1?,847 74330 Creditots: #tyiunts tduing due wlthl one year 1470} (4001 Net (UTrenl assets 17377 74.430 tnfome funds Unr¢$iricie41 fi2nds 74.430 12377 74.430 The company is entitkd to ihe exemption the audit requtremertt cotal[led in seaion 477 ofthe CompaDiC5 ?006. for ihc ycar ended 30 Junc ?0) l. The directors acknowledge their TespoDsibiliEie4 for MplEg wtth the r¢quiremcnts of the MpanIeS kt 2006 with respecl to aetoutttin¥ rccords and the preparation offinancial statements. The mctnbers hair noi requircd the cornpany to obiaiD 4n audii of 115 financial siaiemeDiS for the year in question in accoidance with section 476. These fittancral 5tstemettts ILtit becn pr¢pJr¢d in ac¢ordance wilh ihc prth'isions applib io eomparties sllbittt to tIL¢ small compatties reT¢. Thc fittancial statements u'ere approved bv ihe Tru5tces OB * I Pri1 70?? ndaA Trustee & Dirertor Company Regtstrknon No. 09385405
NATALIA FAITH GRACE FOUNDATION LTD BAUNCE SHE [cowfiNUED) ASAT 30 IUNE 2021 Donations and legades Unrestricted ds Total 2021 2020 Kknn&iiot)s and gifts 190350 41250 Investmènts Unrestrlrted Unr¢siricted nds fvnds zozi 2020 Tttt¢re5t receivable 96 489 Cbarltable activities Support Grnnts8Dd costs doD#tloDs 2021 2021 Total 2021 Tot81 2020 (harity exptndit¢Jrc (s¢¢ note 4) 794 794 544 ant fvndiog of activities (see note 5) 251.705 251,705 85POO 794 25 1,705 252.499 85544 Supportcosts 2021 2020 Independent ¢A8Tnill&tio AccountaE)cy fees BHnk tharges 450 20 324 400 144 794 544 10-
NATALIA FAH GRACE FOUNDATION LTD BALANCE SHEET (CONTINUED) ASAT 30 IUNE 2021 Grdnts payable GT8nts alld Cr2nÉs and doDattoDs donations 2021 2020 ant5 to inst7tiLtiOTk$ (2 yattts}= Trinity life trust Hope for Liberia 80,000 171.705 85.000 251,705 85.000 Credltors: amounts fallkngdue wRthln ollejvr zozi 2020 A(truals and d¢f¢rTed rDcollkc 470 400 Employees The average monthty number ctfemplow durin8 the y¢ar was: 2021 Number 2020 Number Ihstees NiTrne of the trv5tees (or any persons conBctted with them) retrived ally Ternuneraiioll or benefits from the aJ&rity duriugthe year.