## **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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**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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