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2022-06-30-accounts

Charity Registration No. 1164534 Company Registration No. 09385405 (England and Wales)

NATALIA FAITH GRACE FOUNDATION LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL

STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

NATALIA FAITH GRACE FOUNDATION LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr P Jayasundara Mrs J Jayasundara Mr S Thompson Mr D Singaratnam Charity number 1164534 Company number 9385405 Principal address 24 Highacre Dorking Dorking Surrey RH4 3BF Independent examiner Light Work Accounting Ltd Wessex House Upper Market Street Eastleigh Hampshire SO50 9FD

NATALIA FAITH GRACE

CONTENTS

Page
Trustees report 1 -5
Statement of trustees responsibilities 6
Independent examiner's report 7
Statement of fnancial activities 8
Balance sheet 9
Notes to the fnancialstatements 10 - 11

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)

TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

The trustees present their report and financial statements for the year ended 30 June 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the Charity's [governing document], the Companies Act 2006 and "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

The charity's objects are to relive the needs of young homeless children through:

a.The provision of an orphanage in India.

b.The provision of a Christian environment for advancing education

c. The provision of supporting activities to develop life skills and capacity to participate in society as mature and responsible individuals.

Statement of Trustees' responsibilities.

The trustees, who are also the directors of Natalia Faith Grace Foundation Ltd for the purpose of company law, are responsible for preparing the Trustees Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these accounts, the trustees are required to:

-select suitable accounting policies and then apply them consistently;

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

The charity's policies include:

(1)raising funds; in doing so, the charity must not undertake any taxable permanent trading activity and must comply with any relevant statutory regulations;

(2) buy, take on lease or in exchange, hire or otherwise acquire any property and to maintain and equip it for use;

(3) sell, lease or otherwise dispose of all or any part of the property belonging to the charity. In exercising this power, the charity must comply as appropriate with sections 117 and 122 of the Charities Act 2011.

(4) borrow money and to charge the whole or any part of the property belonging to the charity as security for repayment of the money borrowed or as security for a grant or the discharge of an obligation. The charity must comply as appropriate with sections 124 - 126 of the Charities Act 2011 if it wishes to

(5) co-operate with other charities, voluntary bodies and statutory authorities and to exchange information and advice with them;

(6)establish or support any charitable trusts, associations or institutions formed for any of the charitable purposes included in the Objects;

(7)acquire, merge with or to enter into any partnership or joint venture arrangement with any other charity;

(8)set aside income as a reserve against future expenditure but only in accordance with a written policy about reserves;

(9) employ and remunerate such staff as are necessary for carrying out the work of the charity. The charity may employ or remunerate a director only to the extent it is permitted to do so by article 7 and provided it complies with the conditions in that article;

(10)

(a) deposit or invest funds;

(b) employ a professional fund manager; and

(c) arrange for the investments or other property of the charity to be held in the name of a nominee; in the same manner and subject to the same conditions as the trustees of a trust are permitted to do by the

(11) provide indemnity insurance for the directors in accordance with, and subject to the conditions in, section 189 of the Charities Act 2011;

(12) pay out of the funds of the charity the costs of forming and registering the charity both as a company and as a charity.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

New Object for Charity:

With the Indian Orphanage and School coming into operation in 2021 the Trustees wanted to spread their charitable work elsewhere around the world and applied for the Object to be widened to cover work elsewhere:

The following revied Object were approved by Charity Commission:

Orphanage in India

The charity made a number of donations listed below to Trinity Life Trust, the sister charity in India for the construction and operation of the school and orphanage, during the operating year to cover the following

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

Opening of the Orphanage and the school in October 2021 with Children living and attending school. The Orphanage and the School is now call ALPHA & OMEGA HOME

The following donations (including bank charges) were made to Trinity Life Trust (sister charity in India) for the construction works during this reporting year:

12 July 2021 GBP £24,750.80

20 October 2021 GBP £30,017

18 November 2021 GBP £30,006.91

Orphanage & School in Liberia

The following is a report from Hope for Liberia, the sister charity through which the Trustees have been working in Liberia:

Delivered between July 2021 and June 2022:

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

Amounts transferred to Hope for Liberia (a Canadian Registered Charity who operate in Liberia and deliver direct construction and service on the ground in Liberia)

28 July 2021 £ 34,788.36 - sent

in USD 19 October 2021 £44,344 -

sent in USD

16 November 2021 £12,175.54 - sent in USD

Uzima

The funding for the education of children in the remotest part of Kenya through the UK registered Charity "UZIMA IN OUR HANDS"

Total donations of £3,060 was made during the year through monthly donations.

During Covid 19, school was closed but children and their families were continued to be cared. Following the lifting of initial restrictions, temporary accommodation was established to operate under government prescribed social distancing regulations.

Helping Hands Cambodia

Working with HELPING HANDS CAMBODIA, a UK based Registered Charity to establish all age Christian worship in different size Sunday School classes in Cambodia. The initiative started before Covid 19 but was delayed due to the pandemic. A total of £851 was donated during the year for rental accommodation and identifying Sunday School teachers for the future.

Structure, governance and management

The charity is a company limited by guarantee and is registered in the UK.

The trustees haves assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

The trustees, who are also the directors for the purpose of company law, and who served during the year were:

Mr P Jayasundara Mrs J Jayasundara Mr S Thompson Mr D Singaratnam

None of the trustees has any beneficial interest in the company equivalent to. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

The trustees report was approved by the Board of Trustees.

Mr P Jayasundara

Trustee & director Dated: 24 March 2023

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF NATALIA FAITH GRACE FOUNDATION LTD

I report to the trustees on my examination of the accounts of the above charity ("the Charity") for the year ended 30 June 2022, which comprises as an Income Statement, statement of financial position and the notes to the financial statements.

Respective responsibilities of trustees and examiner

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirement of the Charities Act 2011 ("the Act").

I report in respect of my examination of the Charity'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 examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) 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.

Light Work Accounting Ltd

Stephen Light

MAAT Office B Chesil House Arrow Close, Boyatt Wood Eastleigh Hampshire SO50 4SY

Dated: 24 March 2023

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 JUNE 2022

Notes
Income from:
Donations and legacies
1
Investments
2
Total Income
Expenditure on:
Charitable activities
3
Net Expenditure for the
year/ Net movement in
funds
Fund balances at 1 July 2021
Fund balances at 30 June 2022		 Unrestrict
ed
fun
ds
202
2
£
Unrestricted
fund
s
202
1
£
179,17
1
190,350
2
96
179,17
3
190,446
180,63
1
252,499
(1,458)
(62,053)
12,377
74,430
10,919
12,377

The statement of financial activities includes all gains and losses

recognised in the year. All income and expenditure derive from

continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

BALANCE SHEET

AS AT 30 JUNE 2022

Notes
Current Assets
Cash at bank and in hand
Creditors: amounts falling
due within one year
6
Net current assets
Income funds
Unrestricted funds		 2022
£
£
11,41
9
(500
)
10,919
10,91
9
10,919		 2021
£
£
12,84
7
(470
)
12,377
12,37
7
12,377		 2021
£
£
12,84
7
(470
)
12,377
12,37
7
12,377
12,37
7
12,377

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2021.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on the 24 March 2023.

Mr P Jayasundara Trustee & Director

Company Registration No. 09385405

BALANCE SHEET

(CONTINUED) AS AT 30

JUNE 2022

1.
Donations and legacies
Donations and gifts
2.
Investments
Interest receivable
3.
Charitable activities
Charity expenditure (see note 4)
Grant funding activities (see note
5)
4.
Support costs
Independent examination
Accountancy fees
Bank charges		 Unrestricte
d
Unrestricted
funds
funds
2022
£
2021
£
179,171
190,350
Unrestricte
d
Unrestricted
funds
funds
2022
£
2021
£
2
96
Suppor
t
Grants and
Total
Total
costs
2022
£
donations
2022
£
2022
£
2021
£
602
-
602
794
-
180,029
180,029
251,705
602
180,029
180,631
252,499
2022
2021
£
£
480
450
20
20
102
324
602
794

NATALIA FAITH GRACE FOUNDATION LTD

BALANCE SHEET

(CONTINUED) AS AT 30

JUNE 2022

5. Grants payable

Grants to institutions (2
grants): Trinity life trust
Hope for Liberia
Helping hands
Uzima
6.
Creditors: amounts falling due within one year
Accruals and deferred income
7.
Employees
The average monthly number of employees during the
year was:		 Grants
and
donatio
ns
2022
£
87,7
24
79,39
4
851
3,060
180,02
9
2022
£
500
2022
Number
-		 Grants
and
donation
s
2021
£
80,00
0
171,70
5
-
-
251,70
5
2021
£
470
2021
Number
-

8. Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.