Abalon
Financial Statements
30 April 2023
Registered company number: CE007388
Registered charity number: 1167443
Abalon 30 April 2023 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 |
1
Abalon 30 April 2023 Registered company number: CE07388 Registered charity number: 1167443
Administrative information
Trustees
Adam Mapani Charles Pierce Yetunde Obadeyi Charlene Wilson Graham Knight Paidamoyo Andrea Nyika
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 2023 Registered company number: CE07388 Registered charity number: 1167443
| Statement of financial activities for year ending 30 April 2023 Unrestricted Restricted 2023 2023 £ £ Incoming resources from generated funds Donations 1 4,084 - Charitable activities 2 855 - _____ _____ 4,939 - _____ _____ Resources expended Charitable Expenditure 3 3,849 - ______ ______ Total resources expended 3,849 - ______ ______ Profit/(loss) for the year before transfers 1,090 - Transfers - - Profit/(loss) for the year 1,090 - Reconciliation of funds Total funds brought forward 6,002 - Total funds carried forward 7,092 - |
_ |
Total 2023 £ 4,084 855 _____ 4,939 _____ 3,849 _____ 3,849 _____ 1,090 - 1,090 6,002 7,092 |
Total 2022 £ 3,777 2,500 _ 6,277 10,854 10,854 ___ (4,547) - (4,547) 10,579 6,002 |
|---|---|---|---|
_ |
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Abalon 30 April 2023 Registered company number: CE07388 Registered charity number: 1167443
| Balance sheet for the year ended 30 April 2023 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 6 Restricted funds |
2023 £ - _____ - _____ 7,092 _____ 7,092 _____ - 7,092 7,092 - _____ 7,092 |
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|---|---|---|---|
The accounts were approved by the board and authorised for issue on 18 November 2023
Adam Mapani
Trustee
4
Abalon 30 April 2023 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2023
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 2023 Registered company number: CE07388 Registered charity number: 1167443
| 1 Donations General donations 2 Charitable activities Grant income Fundraising 3 Charitable activities Direct costs Overheads Management costs Depreciation Website development Trustees expenses |
2023 2022 £ £ 4,084 3,777 _____ _ 4,084 3,777 _____ 2023 2022 £ £ - 2,500 855 - _____ 855 2,500 _____ _ 2023 2022 £ £ 667 4,601 1,093 1,528 244 950 527 526 1,318 2,990 - 259 _____ 3,849 10,854 _____ |
|---|---|
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Abalon 30 April 2023 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements for the year ended 30 April 2023
| **4 ** | Fixed assets | |
|---|---|---|
| £ |
||
Office |
||
| Cost | equipment | |
| As at 1 May 2022 | 1,579 | |
| Additions | - | |
| As at 30 April 2023 | 1,579 | |
| Depreciation | ||
| As at 1 May 2022 | 1,052 | |
| Charge for the year | 527 | |
| As at 30 April 2023 | 1,579 | |
| Net book value | ||
| As at 30 April 2023 | - | |
| As at 30 April 2022 | 527 |
| 5 Creditors Accruals |
2023 £ - _____ - _____ |
2022 £ 1,427 _ 1,427 ___ |
|---|---|---|
6 Unrestricted funds
| Unrestricted funds | |
|---|---|
2023 |
|
| £ | |
| General | 1,519 |
| Designated | |
| 100 in 30 | 2,039 |
| Zimbabwe | 3,534 |
| 7,092 |
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