THE CHILDREN´S AID FOUNDATION (UK Registered Charity No. 1167965)
FINANCIAL REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2023.
This year more grant applications were prepared professionally by Non Profit Growth; however, their presentations failed to yield any results, and in accordance with their guarantee, they agreed to gradually pay us back their fees. We are now back to square one with our fund raising efforts, but we are looking into new strategies and new ways of operating that should help us to get better results in future. We have given grants for children´s medical needs and school materials in Visayas Philippines aswell as helping schools and poor communities there, and in Santa Cruz Bolivia, and also sponsored a student in Spain for a hotel receptionist course.
THE CHILDREN´S AID FOUNDATION
UK Registered Charity 1167965
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31[st] DECEMBER 2023 IN GB Pounds
INCOME 2023 2022 Carried forward 2022 10692.12 6445.38 Donations from charity 150.00 2000.00 Donations from individuals 893.05 255.66 Donations from companies 10-00 505.00 Dividends received 440.35 414.11 Refunds from companies 875.00 0.00 TOTAL 13060.52 11009.39 LESS EXPENDITURE Grants for children 3023.59 210.00 Fund raising and marketing 733.68 0-00 Other expenses 85.08 107.27 Realized capital loss 780.21 0.00 SURPLUS CARRIED FORWARD 7471.00 10692.12 In Wise GBP a/c 40.01 5.37 In Wise Euro a/c 188.89 at 0.869 58.80 163.84 In Wise USD a/c 10.9 0-00 Brokerage stock a/c * 7471.00 10522.91 TOTAL 7580.79 10692.12
THE CHILDREN´S AID FOUNDATION UK REGISTERED CHARITY 1167965 BALANCE SHEET AT 31[st] DECEMBER 2023 IN GB Pounds 2023 2022 FIXED ASSETS Investments 7471.00 10522.91 CURRENT ASSETS Wise GBP a/c 40.01 5.37 Wise Euro a/c 58.80 163.84 Wise USD 10.98 0.00 CREDITORS – Amount falling Due within one year 0.00 0.00 NET CURRENT ASSETS 109.79 169.21 TOTAL ASSETS 7580.79 10692.12 FINANCED BY ACCUMULATED FUNDS Balance brought forward 10692.12 6445.38 Plus surplus or minus deficit (3111.33) 4246.74 TOTAL BALANCE CARRIED FORWARD 7580.79 10692.12
THE CHILDREN´S AID FOUNDATION UK Registered Charity 1167965
WE CONFIRM THAT THE ABOVE ACCOUNTS TO 31[st] DECEMBER 2023 ARE IN AGREEMENT WITH THE ACCOUNTING RECORDS AND BANK STATEMENTS.
Signed online on 17[th] September 2024 in Valencia, Spain.
AEC Wolseley-Wilmsen Lean Delda Wolseley-
Wilmsen. TREASURER SECRETARY 17[th] September 2024 17[th] September 2024
THE CHILDREN´S AID FOUNDATION
UK Registered Charity 1167965
Notes to the accounts for the year ended 31[st] December 2023.
Notes.
- Principal accounting policies. The following Accounting Policies have been applied consistently in dealing with items which are considered material in relation to the Charity´s Financial Statements.
BASIS OF ACCOUNTING. The Financial Statements have been prepared under the Historic Cost Convention.
-
- The brokerage stock account at 31[st] December 2023 consisted of the following: 300 Stillwater 1629.00 pounds 100 Rio Tinto Zinc 5842.00 pounds
TOTAL 7471.00 pounds
- The expenditure on children and youngsters amounted to 3023.59 pounds. This sum is divided between recipients in the following countries: Philippines 1310.93 Bolivia 1565.60 Spain 147.06 TOTAL 3023.59 pounds. j