## **ETHAR RELIEF** 

## Annual Report and Accounts 

The year ended on 31 December 2020 

**29[th] October 2020** 

**RESGISTERED CHARITY NUMBER 1169308** 



## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES** 

The trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations. 

Charities Acts require the trustees to prepare financial statement that gives a true and fair view of the organization’s financial activities during the year and its financial position at the end of each financial year. Under Charities Acts, the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company for that period. 

In preparing these accounts, the trustees are required to: 

- Select suitable accounting policies and then apply them consistently; 

- Make a judgement and estimates that are reasonable and prudent 

- Prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Acts 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Signed on behalf of the trustees: 

## Abdulkadir Naib 


……………………………… 



## **ETHAR RELIEF ANNUAL REPORT** 

## **Statement of Financial Activities for year ended on 31 December 2020** 

||||||**2020**|
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Endowment**||
||**Notes**|**Funds**|**Fund**|**Fund**|**Total Funds**|
|||£|£||£|
|**INCOMING RESOURCES:**||||||
|**Income resources from general funds**||||||
||Note|||||
|Voluntary Income|1||||-|
|Donations and other Income||||||
|ACTIVITIES FOR GENERATING FUNDS:||||||
|Investment Income||-||||
|Other Activities||-|-||-|
|**Total Incoming Resources**||**- 0.00**|**0.00**|**0.00**|**0.00**|
|**RESOURCES EXPENDED:**||||||
|**COST FOR GENERATING**||||||
|**FUNDS:**||||||
|Charitable Activities|Note|||||
|Generating voluntary income|Note|||||
|Investment Income||-|-|||
|Governance|||-||-|
|**Total Resources used**||**0.00**|**0.00**|**0.00**|**0.00**|
|Net Surplus for the year||-|-||-|
|Opening Funds|||||-|
|Transfer of funds|||||-|
|**CLOSING FUNDS:**||**0.00**|**0.00**|**0.00**|**0.00**|





||**ETHAR RELIEF - BALANCE SHEET AS AT**|**ETHAR RELIEF - BALANCE SHEET AS AT**|**31st December**|**2018**||
|---|---|---|---|---|---|
||||2020||2020|
|||Unrestricted||Endowment||
|||fund|Restricted fund|Fund||
||Notes|£|£||_£_|
|FIXED ASSETS||||||
|Land||||||
|Building||||||
|Office Equipment and Furniture|||||-|
|Total Assets||0.00|||0.00|
|CURRENT ASSETS||||||
|Debtors||||||
|Prepayments||||||
|Cash at Bank & in hand|||||-|
|Total Current Assets||0.00||0.00|0.00|
|CURRENT LIABILITIES||||||
|Creditors: Amount falling due in one year||||||
|Net current asset less current liabilities||-||||
|Total asset less liabilities||0.00||0.00|0.00|
|FINANCED BY||||||
|Unrestricted Funds||||||
|Restricted Funds||||||
|Endowment Fund||||||
|Total||0.00||0.00|0.00|
|||||||





## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS** : 

## **ACCOUNTING POLICIES** 

- a) The financial statements have been prepared under the historical cost convention, with the exception of investment, which are valued at the prevailing market prices. The financial statements have been prepared in accordance with the statement of Recommended Practice-Accounting and reporting by the charities (SORP2005) issued in March 2005, applicable in the preparations of the financial statements are set out below. 

## **INCOME RESOURCES** 

- b) Voluntary income includes donations, gifts, legacies and grants that provide core funding or are of general nature are recognised where there is an entitlement, certainly of receipts and the amount can be measured with sufficient reliability. Such income is only deferred when: 

- c) The Donor specified that the grant or donation must only be used in future accounting periods, or 

- d) The Donor has imposed conditions, which must be met before the charity has unconditional entitlement. 

- e) Income from commercial trading activities is recognised as earned as the related goods and services are provided 

- f) Investment income is recognised on a receivable basis 

- g) Income from charitable activities include income received under contact or where entitlement to grant funding is subject to specific performance conditions is recognised as earned ( as the related goods or services are provided). Grant income includes in the category provided funding to support performance activities and is recognised where there is an entitlement, certainly of receipts and the amount can be measured with sufficient reliability. 

- h) Income is deferred when admission fees or performance related grants are received in advance of the performances or event to which they relate. 

## **RESOURCES EXPENDED** 

Expenditure is recognised when a liability is incurred. Contractual agreements and performance related grants are recognised as goods or services are supplied. Other grants payments are recognised when a constructive obligation arises that result in the payment being unavoidable. 

- The cost of generating funds is those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds 



   - Charitable activities including expenditure associated with the activities are included the direct costs and support costs relating to these activities 

   - Governance costs include those incurred in the governance of the charity and its assets and the primarily associated with constitutional and statutory requirements. 

- i) Restricted funds: 

Restricted funds are to be used for specified purposes as laid down by the founder. Direct and support expenditure, which meets these criteria, is defined to the fund together with a fair allocation of other costs 

- j) Unrestricted funds 

Unrestricted funds are funds received which no restrictions placed in their use and are available as general funds. 

- k) Revenue grants are credited to incoming resources on the earlier of when they are received on when they are due.