Abalon
Financial Statements
30 April 2021
Registered company number: CE007388
Registered charity number: 1167443
Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
Contents
| Administrative information | 2 |
|---|---|
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 |
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
Administrative information
Trustees
Adam Mapani Charles Pierce Yetunde Obadeyi Charlene Wilson (From 29 December 2020) Graham Knight (From 31 December 2020)
Registered office
4/4A Bloomsbury Square, London, Greater London, WC1A 2RP
Bank
NatWest
Liverpool Street Station branch, PO Box 282, 216 Bishopsgate, London, EC2M 2QB
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| Abalon | |||||
|---|---|---|---|---|---|
| 30 April 2021 | |||||
| Registered company number: CE07388 | |||||
| Registered charity number: 1167443 | |||||
| Statement of financial activities | |||||
| for year ending 30 April 2021 | |||||
| Unrestricted | Restricted | Total | Total | ||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Incoming resources from generated | funds | ||||
| Donations | 1 | 1,991 | - | 1,991 | 2,683 |
| Charitable activities | 2 | 3,022 | 10,900 | 13,922 | 1,480 |
| _____ | _____ | _____ | _____ | ||
| 5,013 | 10,900 | 15,913 | 4,163 | ||
| _____ | _____ | _____ | _____ | ||
| Resources expended | |||||
| Charitable Expenditure | 3 | 2,089 | 7,498 | 9,587 | 3,285 |
| ______ | ______ | ______ | ______ | ||
| Total resources expended | 2,089 | 7,498 | 9,587 | 3,285 | |
| ______ | ______ | ______ | ______ | ||
| Profit for the year | 2,924 | 3,402 | 6,326 | 878 |
|
| Reconciliation of funds | |||||
| Total funds brought forward | 4,253 | - | 4,253 | 3,375 | |
| Total funds carried forward | 7,177 | 3,402 | 10,579 | 4,253 |
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
| Balance sheet for the year ended 30 April 2021 Fixed assets 4 Current assets Cash at bank and in hand Total assets Creditors due in less than one year 5 Net assets Funds Unrestricted funds Restricted funds 6 |
2021 £ 1,053 _____ 1,053 _____ 10,968 _____ 12,021 _____ (1,442) 10,579 7,177 3,402 _____ 10,579 |
2020 £ - _ - 4,253 __ 4,253 _ - 4,253 4,253 - ___ 4,253 |
||
|---|---|---|---|---|
The accounts were approved by the board and authorised for issue on 30 December 2021
Adam Mapani
Trustee
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2021
1. Accounting policies
Revenue recognition
Income including donations and grants is recognised where there is entitlement, probability of receipt and the amount can be measured with sufficient reliability. Such income is only deferred where the donor has specified that the grant or donation must be used in a future accounting period.
Expenditure
Expenditure is recognised when a liability is incurred.
Charitable activities include expenditure associated with delivering the Charity’s objects. These include both the direct costs and support costs relating to these activities.
Fixed assets and depreciation
Expenditure that is considered to be capital in nature is capitalised and depreciated on a straight line basis over the following amount of years:
Office equipment 3 years
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
| 1 Donations 2021 £ General donations 1,991 _____ 1,991 _____ 2 Charitable activities 2021 £ Grant income 10,900 Fundraising 3,022 _____ 13,922 _____ 3 Charitable activities 2021 £ Direct costs 6,645 Overheads 1,556 Management costs 860 Depreciation 526 _____ 9,587 _____ |
2020 £ 2,683 _ 2,683 2020 £ 1,000 480 1,480 _ 2020 £ - 3,285 - - 3,285 |
|---|---|
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
| Notes to the financial statements for the year ended 30 April 2021 4 Fixed assets Cost As at 1 May 2020 Additions As at 30 April 2021 Depreciation As at 1 May 2020 Charge for the year As at 30 April 2021 Net book value As at 30 April 2020 As at 30 April 2021 5 Creditors Accruals |
2021 £ Office equipment - 1,579 1,579 Office equipment - 526 526 - 1,053 2021 2020 £ £ 1,442 - _____ _ 1,442 _____ ___ |
|---|---|
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Abalon 30 April 2021 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2021
6 Restricted funds
| Power to | Neighbourly | Macular | ||
|---|---|---|---|---|
| Grants | Change | Limited | Disease | Total |
| £ | £ | £ | £ | |
| As at 1 May 2020 | - | - | - | - |
| Income | 10,000 | 400 | 500 | 10,900 |
| Expenditure | (6,598) | (400) | (500) | (7,498) |
| As at 30 April 2021 | 3,402 |
- | - | 3,402 |
PARAGRAPHS TO BE PROVIDED
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