The Abel Foundation
Thank you all, for your continued support for the charity, all the help you offer in volunteering and fundraising takes a lot of pressure off Claire & I managing Abels needs. Due to Covid 19 all fundraising had been halted, as the country has been in lockdown. Now we are slowly starting to be able to do activities again, we are encouraging people to start to fundraise for the charity again and would like to thank those that have contributed to some fundraising in the past year.
Our long-term goal is still for our own building. We have a community room, nearly ready to go, just a few more tweaks to be able to offer it out fully for community use. If any one can help with this any support is grateful.
We have a full team of trustees now, and that will help move the charity forward.
Tony Noakes
30/11//2021
Charity Number:
1165605
THE ABEL FOUNDATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 February 2021
These accounts have been Prepared by:-
38 Bridge Street Andover SP10 1BW
T: 01264 324103 E: info@oaktreebm.co.uk www.oaktreebm.co.uk
THE ABEL FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ABEL FOUNDATION
FOR THE YEAR ENDED 28 FEBRUARY 2021
I report on the accounts of the Trust for the year ended 28 February 2021 which are set out on pages 2-4.
Respective Responsibilities of Trustee and Examiner
The charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the2011 Act)) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the 2011 Act);
-
to follow the procedures laid down in the general Directions given by the Charity Comission under section 145 (5)(b) of the 2011 Act
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true nad fair view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not ben met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
L MacGinnis MAAT 21-Dec-21 Oaktree Accountants Ltd 38 Bridge St Andover Hampshire SP10 1BW
1
THE ABEL FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2020
Activities relating to the work of the Charity:
| RECEIPTS Notes Fundraising & sponsorship Collections and Other Giving Grants INCOME FROM INVESTMENTS Bank interest TOTAL RECEIPTS PAYMENTS Special Equipment Purchases Christmas gifts Grants Donation T shirts Equipment Printing and stationery Website Book promotion Advertising Training Just giving subsciptions Professional fees Fees Moneypenny Depreciation Repairs Vehicle expenses TOTAL PAYMENTS EXCESS OF RECEIPTS OVER PAYMENTS |
2021 1000 6004 23949 30953 55 55 31007 1664 1350 42 462 63 120 5000 1794 92 216 360 513 3719 180 15575 15433 |
2020 0 31370 7650 |
|---|---|---|
| 39020 71 |
||
| 71 39091 10264 1133 1500 17 315 491 440 166 1849 0 226 246 83 534 2341 76 777 |
||
| 20458 | ||
| 18633 |
2
THE ABEL FOUNDATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021
STATEMENT OF ASSETS AND LIABILITIES AT 28 FEBRUARY 2021
| FIXED ASSETTS Office Laptops Motor vehicle MONETARY ASSETS: Bank Current Account Hospice Accounts Grant Account TOTAL ASSETS REPRESENTED BY FUNDS Funds at 1/3/2020 Excess of Receipts over Payments Funds at 28/02/2021 |
2021 1654 633 14657 16944 17953 40120 19069 77142 94086 2021 78653 15433 94086 |
2020 2017 772 7874 |
|---|---|---|
| 10663 25805 42085 100 |
||
| 67990 | ||
| 78653 | ||
| 2020 60020 18633 |
||
| 78653 |
THE ABEL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021
1. ACCOUNTING POLICIES
The accounts have been prepared under the Receipts and Payments method of Accounting. Amounts are included as received by the charity or as cheques drawn or cash paid.
The receipts and payments account and the statement of assets and liabilities have been prepared following the guidance for accounting for smaller charities issued by the Charity Commission.
Depreciation
Depreciation has been provided on the straight line basis in order to write off the cost of depreciable fixed assets over their expected useful lives. The annual rates applied are:-
Office Equipment 18% reducing balance Computer Equipment 18% reducing balance Motor Vehicle 18% reducing balance
2. FIXED ASSETS
MOTOR COMPUTER OFFICE VEHICLES EQUIPMENT EQUIPMENT TOTAL
| COST 01/03/2019 Additions in year 28/02/2020 DEPRECIATION 01/03/2019 Charge in year 28/02/2020 NET BOOK VALUE 28/02/2020 28/02/2019 |
10296 1147 3000 14443 10000 10000 |
|---|---|
| 20296 1147 3000 24443 |
|
| 2422 375 983 3780 3217 139 363 3719 |
|
| 5639 514 1346 7499 |
|
| 14657 633 1654 16944 |
|
| 7874 772 2017 10663 |
Charity Number:
1165605
THE ABEL FOUNDATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 February 2021
These accounts have been Prepared by:-
38 Bridge Street Andover SP10 1BW
T: 01264 324103 E: info@oaktreebm.co.uk www.oaktreebm.co.uk
THE ABEL FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ABEL FOUNDATION
FOR THE YEAR ENDED 28 FEBRUARY 2021
I report on the accounts of the Trust for the year ended 28 February 2021 which are set out on pages 2-4.
Respective Responsibilities of Trustee and Examiner
The charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the2011 Act)) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts (under section 145 of the 2011 Act);
-
to follow the procedures laid down in the general Directions given by the Charity Comission under section 145 (5)(b) of the 2011 Act
-
to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true nad fair view and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention
(1) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not ben met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
L MacGinnis MAAT 21-Dec-21 Oaktree Accountants Ltd 38 Bridge St Andover Hampshire SP10 1BW
1
THE ABEL FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2020
Activities relating to the work of the Charity:
| RECEIPTS Notes Fundraising & sponsorship Collections and Other Giving Grants INCOME FROM INVESTMENTS Bank interest TOTAL RECEIPTS PAYMENTS Special Equipment Purchases Christmas gifts Grants Donation T shirts Equipment Printing and stationery Website Book promotion Advertising Training Just giving subsciptions Professional fees Fees Moneypenny Depreciation Repairs Vehicle expenses TOTAL PAYMENTS EXCESS OF RECEIPTS OVER PAYMENTS |
2021 1000 6004 23949 30953 55 55 31007 1664 1350 42 462 63 120 5000 1794 92 216 360 513 3719 180 15575 15433 |
2020 0 31370 7650 |
|---|---|---|
| 39020 71 |
||
| 71 39091 10264 1133 1500 17 315 491 440 166 1849 0 226 246 83 534 2341 76 777 |
||
| 20458 | ||
| 18633 |
2
THE ABEL FOUNDATION
FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021
STATEMENT OF ASSETS AND LIABILITIES AT 28 FEBRUARY 2021
| FIXED ASSETTS Office Laptops Motor vehicle MONETARY ASSETS: Bank Current Account Hospice Accounts Grant Account TOTAL ASSETS REPRESENTED BY FUNDS Funds at 1/3/2020 Excess of Receipts over Payments Funds at 28/02/2021 |
2021 1654 633 14657 16944 17953 40120 19069 77142 94086 2021 78653 15433 94086 |
2020 2017 772 7874 |
|---|---|---|
| 10663 25805 42085 100 |
||
| 67990 | ||
| 78653 | ||
| 2020 60020 18633 |
||
| 78653 |
THE ABEL FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021
1. ACCOUNTING POLICIES
The accounts have been prepared under the Receipts and Payments method of Accounting. Amounts are included as received by the charity or as cheques drawn or cash paid.
The receipts and payments account and the statement of assets and liabilities have been prepared following the guidance for accounting for smaller charities issued by the Charity Commission.
Depreciation
Depreciation has been provided on the straight line basis in order to write off the cost of depreciable fixed assets over their expected useful lives. The annual rates applied are:-
Office Equipment 18% reducing balance Computer Equipment 18% reducing balance Motor Vehicle 18% reducing balance
2. FIXED ASSETS
MOTOR COMPUTER OFFICE VEHICLES EQUIPMENT EQUIPMENT TOTAL
| COST 01/03/2019 Additions in year 28/02/2020 DEPRECIATION 01/03/2019 Charge in year 28/02/2020 NET BOOK VALUE 28/02/2020 28/02/2019 |
10296 1147 3000 14443 10000 10000 |
|---|---|
| 20296 1147 3000 24443 |
|
| 2422 375 983 3780 3217 139 363 3719 |
|
| 5639 514 1346 7499 |
|
| 14657 633 1654 16944 |
|
| 7874 772 2017 10663 |