Abalon
Financial Statements
30 April 2024
Registered company number: CE007388
Registered charity number: 1167443
Abalon 30 April 2024 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 2024 Registered company number: CE07388 Registered charity number: 1167443
Administrative information
Trustees
Adam Mapani Charles Pierce Yetunde Obadeyi Charlene Wilson Graham Knight (resigned 6 September 2024) 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 2024 Registered company number: CE07388 Registered charity number: 1167443
| Statement of financial activities for year ending 30 April 2024 Unrestricted Restricted 2024 2024 £ £ Incoming resources from generated funds Donations 1 3,220 - Charitable activities 2 - 2,000 _____ _____ 3,220 2,000 _____ _____ Resources expended Charitable Expenditure 3 2,721 - ______ ______ Total resources expended 2,721 - ______ ______ Profit for the year before transfers 499 2,000 Transfers - - Profit for the year 499 2,000 Reconciliation of funds Total funds brought forward (Restated) 3,558 3,534 Total funds carried forward 4,057 5,534 |
_ |
Total 2024 £ 3,220 2,000 _____ 5,220 _____ 2,721 _____ 2,721 _____ 2,499 - 2,499 7,092 9,591 |
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|---|---|---|---|
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Abalon 30 April 2024 Registered company number: CE07388 Registered charity number: 1167443
| Balance sheet | |||
|---|---|---|---|
| for the year ended 30 April 2024 | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Fixed assets | 4 | - | - |
| Debtors | 164 | - | |
| _____ | _____ | ||
| 164 | - | ||
| _____ | _____ | ||
| Current assets | |||
| Cash at bank and in hand | 9,427 |
7,092 | |
| _____ | _____ | ||
| Total assets | 9,591 | 7,092 | |
| _____ | _____ | ||
| Creditors due in less than one | - |
- | |
| year | |||
| Net assets | 9,591 |
7,092 | |
| Funds | |||
| Unrestricted funds | 5 | 7,591 | 7,092 |
| Restricted funds | 5 | 2,000 | - |
| _____ | _____ | ||
| 9,591 | 7,092 |
The accounts were approved by the board and authorised for issue on 25 November 2024
Adam Mapani
Trustee
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Abalon 30 April 2024 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2024
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 2024 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 Trustees expenses |
2024 £ 3,220 _____ 3,220 _____ 2024 £ 2,000 - _____ 2,000 _____ 2024 £ - 2,092 - - 528 101 _____ 2,721 _____ |
2023 £ 4,084 _ 4,084 2023 £ - 855 855 _ 2023 £ 667 1,093 244 527 1,318 - 3,849 |
|---|---|---|
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Abalon 30 April 2024 Registered company number: CE07388 Registered charity number: 1167443
Notes to the financial statements
for the year ended 30 April 2024
4 Fixed assets
£
| Office | |
|---|---|
| Cost | equipment |
| As at 1 May 2023 | 1,579 |
| Additions | - |
| As at 30 April 2024 | 1,579 |
| Depreciation | |
| As at 1 May 2023 | 1,579 |
| Charge for the year | - |
| As at 30 April 2024 | 1,579 |
| Net book value | |
| As at 30 April 2024 | - |
| As at 30 April 2023 | - |
5 Funds
| 1 May | Income | Expenditure | 30 | |
|---|---|---|---|---|
| 2023 | April | |||
| 2024 | ||||
| £ | ||||
| General | 1,519 |
3,220 | (2,721) | 2,018 |
| Designated | ||||
| 100 in 30 | 2,039 | - | - | 2,039 |
| Restricted Funds: | ||||
| Zimbabwe (restated) | 3,534 | - | - | 3,534 |
| Scope | - | 2,000 | - | 2,000 |
| 7,092 | 5,220 | (2,721) | 9,591 |
The Scope grant is for eye care to be provided in Zimbabwe.
Zimbabwe funds were funds raised specifically for eye camps in Zimbabwe.
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