SMALLDEEDS
CharityNo.1166135
Trustees' Report and Unaudited
Accounts.31stMarch2022
SMALLDEEDS CONTENTS
| Pages | |
|---|---|
| Trustees'AnnualReport | 2to 3 |
| StatementofFinancialActivities | 4 |
| Balance Sheet | 5 |
| StatementofCashflows | 6 |
| NotestotheAccounts | 7to11 |
Page 1
SMALLDEEDS TRUSTEESANNUALREPORT
SMALL DEEDS
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2022.
REFERENCEANDADMINISTRATIVEDETAILS
Charity No.
1166135PrincipalOff
ice
164 Manor Square Dagenham EssexRM 83RX
Trustees
The following Trustees served during the year:
A.I.ABDULLE N.MIAH M.SULEHARI
Accountants
SYED ARIF & CO
FIRST-FLOOR OFFICE 114 CRANBROOK ROAD ILFORD ESSEXIG 14LZ
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SMALLDEEDS TRUSTEESANNUALREPORT
OBJECTIVESANDACTIVITIES
The purpose of the charity as set out in its governing document...small DEEDS is a charity based on little contributions regularly from lots of people. We use this money mainly for income generation projects and poverty relief. However, we cannot stand by while there are humans suffering and help in disaster relief when we think it is needed and we are in a stable financial position to help. This is usually in areas of the world where we personally do not have contact; being a small charity, in this case, we will work with other UK charities on the ground to maximize the donors’ money. We have a 100% donation policy, and all our admin costs will be covered by our trustees and volunteers.
The main activities are undertaken in relation to those purposes...Highlights from this year We were first established in August 2014. We are a registered charity now and have a lot to learn. Our trustees are eagerandwillingtolearnsowecanmaximizebenefitsforthebeneficiaries.
ACHIEVEMENTSANDPERFORMANCE
PROJECTS THAT WERE ACCOMPLISHED THIS YEAR
We have done various projects in Bangladesh and Pakistan and food packs in Yemen, where the situation is dire.
PLANS FOR FUTURE PERIODS
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We have 60 volunteers this year doing fantastic work
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Plan to have a better website
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We plan to hire premises to conduct community projects
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Team building trip to Ben Nevis in June 2023 (self-funded)
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SMALLDEEDS TRUSTEESANNUALREPORT
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustee's annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports)Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and others.
Signed on behalf of the charity trustees
N. MIAH Trustee 30January2023
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SMALLDEEDS STATEMENTOFFINANCIALACTIVITIES
| Fund Fund Fund Income and endowments from: Donations and legacies S01 Charitable activities S02 Other S05 Total 9433 Expenditure on: Raising funds S08 Charitable activities S09 Other S11 Total Net Income/Expenditure Reconciliation of funds: E Total funds B/FD S23 Total funds C/FD S24 |
Fund £ Non-Rest. 7736 0.00 0.00 7736 1325 6740 604 8669 (933) 3,683 2750 |
£ 2022 2021 Restricted Total 0.00 7736 9433 0.00 0.00 0.00 0.00 0.00 7736 0.00 1325 634 0.00 6740 8430 0.00 604 523 0.00 8669 9,587 0.00 (933) (154) 0.00 3,683 3837 0.00 2750 3,683 |
|---|---|---|
| 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
All activities derive from continuing operations. The notes attached on page 10 form an integral part of these accounts.
| Note Current assets: Cash at bank and in hand B09 Total current assets B10 Liabilities: Creditors: Amount falling due within one yearB11 Net current assets or liabilities B12 Total assets less current liability Total net assets or liabilities B13 The fund of the charity: Unrestricted fund B19 Total charity funds B22 |
2022 5050 5,050 2300 2750 2750 2750 2750 2750 |
2021 5833 5,833 2150 3,683 3683 3,683 3683 3,683 |
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The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 9.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small company regime.
These accounts were approved by the board of trustees and signed on behalf by :
MR NANU MIAH
Trustee/Director
Approved by the board of trustees on 30[th] January 2023.
Notes to the Accounts for the year ending 2021
Note 1 Basis of preparation and accounting convention.
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102 (effective 1st January 2019) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) , effective January 2019, (The SORP), and in accordance with all applicable law in the charity's jurisdiction of registration,. Note 2 Accounting policies
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value-added tax and discounts, of goods provided to customers
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and work carried out in respect of services provided to customers.
Categories of Income
Income is categorized as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance-related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange and includes donations of money, goods and services freely given without giving equal value in exchange.
Income recognition
Income, whether from the exchange or non-exchange transactions, is recognized in the statement of financial activities (SOFA) on a receivable bsis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognized until the conditions have been met.
All income is accounted for gross before deducting any related fees or costs.
Membership subscriptions
The income and any associated Gift Aid or another tax refund from a membership subscription received by the charity in the nature of a gift is accounted for on the same basis as a donation.
The income from a membership subscription received by the charity where the subscription purchases the right to services or benefits is recognized as income from charitable activities.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, are recognized when a legal or constructive obligation exists as a result of a past event when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. Liabilities arising from future funding commitments and constructive obligations, including performance-related grants, where the timing or the amount of the future expenditure required to settle the obligation is uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year-end. The provision is increased to reflect any increases in liabilities and is decreased by the utilization of any provision within the period and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Allocating costs to activities
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Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.
The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-
Staffing - on the basis of time spent in connection with any particular activity.
Staffing - on a per capita basis, based on the number of people employed within any particular activity. Premises-related costs - on the proportion of floor area occupied by a particular activity. Nonspecific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures.
Estimation techniques used in apportioning costs - give details.
Policies relating to assets, liabilities and provisions and other matters.
Notes 3 Analysis of income
| 2022 £ Donations and legacies:- Donation & Subscription Received S01 7736 Charitable activities 0 Total Income 7736 Expenditure: Donations madeto BD, Pakistan and YemenS08 6740 Legal and Professional fees 450 Fundraising activities 1325 Other 154 Total 8669 Creditors: amount falling due after more than one year Loan from individual 1700 Accruals (Accountancy fees) 600 2300 |
2021 £ 9433 0 9433 8430 473 634 50 9587 1700 450 2150 |
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