Abalon
Financial Statements
30 April 2022
Registered company number: CE007388
Registered charity number: 1167443
Abalon 30 April 2022 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 2022 Registered company number: CE07388 Registered charity number: 1167443
Administrative information
Trustees
Adam Mapani Charles Pierce Yetunde Obadeyi Charlene Wilson Graham Knight
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 2022 Registered company number: CE07388 Registered charity number: 1167443
| Statement of financial activities for year ending 30 April 2022 Unrestricted Restricted 2022 2022 £ £ Incoming resources from generated funds Donations 1 3,777 - Charitable activities 2 - 2,500 _____ _____ 3,777 2,500 _____ _____ Resources expended Charitable Expenditure 3 5,573 5,281 ______ ______ Total resources expended 5,573 5,281 ______ ______ (Loss)/Profit for the year before transfers (1,796) (2,781) Transfers 621 (621) (Loss)/Profit for the year (1,175) (3,402) Reconciliation of funds Total funds brought forward 7,177 3,402 Total funds carried forward 6,002 - |
Total 2022 £ 3,777 2,500 _____ 6,277 _____ 10,854 ______ 10,854 ______ (4,547) - (4,547) 10,579 6,002 |
Total 2021 £ 1,991 13,922 _ 15,913 9,587 9,587 ___ 6,326 - 6,326 4,253 10,579 |
|---|---|---|
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Abalon 30 April 2022 Registered company number: CE07388 Registered charity number: 1167443
| Balance sheet | |||
|---|---|---|---|
| for the year ended 30 April 2022 | |||
| 2022 | 2021 | ||
| £ | £ | ||
| Fixed assets | 4 | 527 | 1,053 |
| _____ | _____ | ||
| 527 | 1,053 | ||
| _____ | _____ | ||
| Current assets | |||
| Cash at bank and in hand | 6,902 |
10,968 | |
| _____ | _____ | ||
| Total assets | 7,429 | 10,968 | |
| _____ | _____ | ||
| Creditors due in less than one | 5 | (1,427) |
(1,442) |
| year | |||
| Net assets | 6,002 |
10,579 | |
| Funds | |||
| Unrestricted funds | 6,002 | 7,177 | |
| Restricted funds | 6 | - | 3,402 |
| _____ | _____ | ||
| 6,002 | 10,579 |
The accounts were approved by the board and authorised for issue on 9 June 2022
Adam Mapani
Trustee
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Abalon 30 April 2022 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2022
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 2022 Registered company number: CE07388 Registered charity number: 1167443
| **1 ** | Donations | 2022 | 2021 |
|---|---|---|---|
| £ | £ | ||
| General donations | 3,777 | 1,991 | |
| _____ | _____ | ||
| 3,777 | 1,991 | ||
| _____ |
_____ | ||
| **2 ** | Charitable activities | 2022 | 2021 |
| £ |
£ | ||
| Grant income | 2,500 |
10,900 | |
| Fundraising | - | 3,022 | |
| _____ | _____ | ||
| 2,500 | 13,922 | ||
| _____ |
_____ | ||
| **3 ** | Charitable activities | 2022 | 2021 |
| £ | £ | ||
| Direct costs | 4,601 |
6,645 | |
| Overheads | 1,528 | 1,556 | |
| Management costs | 950 | 860 | |
| Depreciation | 526 | 526 | |
| Website development | 2,990 | - | |
| Trustees expenses | 259 | - | |
| _____ | _____ | ||
| 10,854 | 9,587 | ||
| _____ | _____ |
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Abalon 30 April 2022 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements for the year ended 30 April 2022
| 4 Fixed assets Cost As at 1 May 2021 Additions As at 30 April 2022 Depreciation As at 1 May 2021 Charge for the year As at 30 April 2022 Net book value As at 30 April 2022 As at 30 April 2021 5 Creditors Accruals |
£ Office equipment 1,579 - 1,579 526 526 1,052 527 1,053 2022 2021 £ £ 1,427 1,442 _____ _ 1,427 1,442 _____ ___ |
|---|---|
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Abalon 30 April 2022 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2022
6 Restricted funds
| Power to | Scope | ||
|---|---|---|---|
| Grants | Change | Total | |
| £ | £ | £ | |
| As at 1 May 2021 | 3,402 | - | 3,402 |
| Income | 2,000 | 500 | 2,500 |
| Expenditure | (4,536) | (745) | (5,281) |
| Transfers | (866) | 245 | (621) |
| As at 30 April 2022 | - |
- | - |
| 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 |
Power to Change
The grant was given for webinars and public health messaging towards Blood pressure and diabetes awareness in BAME population groups. Webinars – Expert led and lived experience of diabetes community champions, patient community engagements – barbers, digital platforms including online TV Diabetes and Blood pressure 2 cardiovascular conditions worst outcomes covid 19 suffers for BME people
Neighbourly
Supporting covid 19 related bereavement and loss. Partnered with Living Loss, a bereavement counselling charity
Scope
Medicines and equipment to support Eye camps in Zimbabwe
Macular Disease
Honorarium payment for consultation services delivered by Adam Mapani. Honorarium fees donated to Abalon by Adam Mapani.
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