DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE
STATEMENTS OF ACCOUNTS FOR THE YEAR ENDED 31 ST AUGUST 2023
Company Registration NO: 09731502 Charity Registration No: 1168408
UPDATE ACCOUNTANTS LIMITED (Certified Public Accountants)
24 STATION ROAD MANOR PARK LONDON E12 5BT
DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE FOR THE YEAR ENDED 31 ST AUGUST 2023
CONTENTS
| Independent Examiner Report | 1 |
|---|---|
| Income and Expenditure Accounts | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
INDEPENDENT EXAMINER REPORT TO THE MEMBERS OF UNITY WELFARE EDUCATION CENTRE FOR THE YEAR ENDED 31 ST AUGUST 2023
We have performed the independent examination of the attached accounts which have been prepared under the historical cost convention and the accounting policies set out on page 4.
Respective Responsibilities of Executive Committee and Examiner
As described on page 4, the executive is responsible for the preparation of accounts. It is our responsibility to form an independent opinion, based on our examination, on those accounts and to report our opinion to you.
Basis of opinion
Basis of opinion
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Opinion
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:
1) To keep accounting records in accordance with section 130 of the Charities Act; and
2) To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
………………………………………………………………… Tanweer Hussain, B.Com, ACPA
(On & For Behalf Of UPDATE ACCOUNTANTS LIMITED)
Date: 25 January 2023
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DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 ST AUGUST 2023
| INCOME Donation Received EXPENDITURES Rent Community Activities Postage, Stationery & Printing Accountancy fee Telephone Expense Legal & Professional Bank charges Charity (Deficit)/Surplus for the year |
2023 2022 £ £ 42,908 42,040 42,908 42,040 2,715 2,300 0 0 0 0 250 200 0 0 500 0 437 49 0 0 3,902 2,549 39,006 39,491 |
|---|---|
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DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE BALANCE SHEET AS AT 31ST AUGUST 2023
| FIXED ASSETS Tangible Assets CURRENT ASSETS Cash in hand Balance at bank Qarze Hasna Other Debtors Rent in Advance CURRENT LIABILITIES Qarze Hasna Accountancy Fees Net Current Assets Net Assets FINANCED BY: Capital Reserves Balance B / Fwd. (Deficit)/Surplus for the year Balance C / Fwd. Approved by the Committee: Chairperson / Director ...................................... |
2023 2022 £ £ 0 0 0 0 238,441 195,223 0 0 0 0 0 0 238,441 195,223 42,661 38,500 200 150 42,861 38,650 195,580 156,573 195,580 156,573 156,574 117,083 39,006 39,491 195,580 156,574 |
|---|---|
Date: 25 January 2023
3a
DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE BALANCE SHEET AS AT 31ST AUGUST 2023
For the year ending 31st August 2023 the company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for:
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i) ensuring the company keeps accounting records which comply with Section 386; and
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ii) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or less for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.
Approved by the board and signed on its behalf by:
Md Jamel Ahmed
Director
3b
DocuSign Envelope ID: FBD7FBFF-EBFD-4F58-9B92-26B68A386E4E
UNITY WELFARE EDUCATION CENTRE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 ST AUGUST 2023
1 ACCOUNTING POLICIES
1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
1.2 TANGIBLE FIXED ASSETS AND DEPRECIATION
Depreciation is provided, after taking account of any grants receivable to write off the cost or valuation of fixed assets including assets subject to hire purchase contracts over their expected useful lives on the followings annuals rates on cost in first year and on written down values thereafter.
- Fixtures & Fittings - Equipment
2 RESPONSIBILITIES OF EXECUTIVE COMMITTEE
The executive committee is required to prepare financial statements for each financial year which gives a true and fair view of the charity's state of affairs at the end of the year and income and expenditure for the year then ended. In preparing those financial statements, the committee is required to select suitable accounting policies and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The committee must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operations. The committee is responsible for keeping proper accounting records which disclose at any time the financial position of the charity and to enable it to enable it to ensure that the financial statements comply with the charity's constitutional and legal provision. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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