2020-12-31-accounts

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Charity Registered number: 1170708

2020 TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

Durhams Accountants Limited

8 Yorkdale Drive Hambleton North Yorkshire YO8 9YB

MOONLIGHT TRUST Trustees' Report and Unaudited Financial Statements For the year ended 31 December 2020

Contents
	Page
Company Information	1
Trustees' Report	3
Independent Examiner’s Report	4
Income and Expenditure Account	5
Balance Sheet	6
Notes to the Financial Statements	7

MOONLIGHT TRUST Legal and administrative Information For the year ended 31 December 2020

Trustees
	Barbara Colledge (Chair)
	Frances Bostyn
	Faisal Ali
	Brian Mitchell
	Ashlyn Emma Lucas
	Shakiya Nisa
Charity Number	1170708
Registered Office	8 ST JOHNS PARADE
	WESTTOWN
	DEWSBURY
	WF13 2QN
Independent Examiner	Durhams Accountants Limited
	8 Yorkdale Drive
	Hambleton
	North Yorkshire
	YO8 9YB
Bankers	HSBC Bank plc
	14A Market Place
	Dewsbury
	West Yorkshire
	WF13 1DH

Page 1

MOONLIGHT TRUST Charity No. 1170708 Trustees' Report for the year ended 31 December 2020

The trustees present their report and the financial statements for the year ended 31 December 2020.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Structure, governance and management

The trustees who held office during the period and subsequently were as follows:

Barbara Colledge (Chair) Appointed 28 November 2020 - Frances Bostyn Appointed 16 January 2020 Faisal Ali - Appointed 10 October 2020, resigned 22 December 2020 Brian Mitchell - Appointed 10 October 2020 – Ashlyn Emma Lucas Appointed 18 June 2020 Shakiya Nisa – Noushin Raja Resigned 1 July 2020 Noreen Hussain – Resigned 31 March 2020 Ghazala Tabasam – Resigned 16 January 2020

Objective and activities

The objectives and activities of the charity are:

1) The prevention or relief of poverty anywhere in the world by providing grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.

2) The prevention or relief of poverty anywhere in the world by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.

3) The advancement of education throughout the world.

4) The relief and prevention of sickness, disease and physical or mental disability throughout the world.

Achievements and performance

The trustees are satisfied with the financial results of the charity for the period.

Financial review

The reserves show a total of £74,755 at 31 December 2020 (31 December 2019: £46,952). The trustees are of the opinion that to maintain unrestricted reserves at this level appears to be a prudent course of action.

Statement of Trustees’ Responsibilities

The trustees are required to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of its financial activities for that period. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether the policies followed are in accordance with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it's appropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose the reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Page 2

MOONLIGHT TRUST Charity No. 1170708 Trustees' Report for the year ended 31 December 2020

Independent Examiner

A resolution proposing that Durhams Accountants Limited be reappointed as Independent Examiner of the charity will be put to members.

On behalf of the board of trustees

Barbara Colledge (Chair)

Dated: 31 October 2021

Page 3

MOONLIGHT TRUST Independent Examiner's Report For the year ended 31 December 2020

In accordance with the engagement letter dated 13 December 2020, we report on the financial statements of the charity for the period ended 31 December 2020, which are set out herein.

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:

examine the financial statements under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to our attention.

Basis of independent examiner's report

Our examination was carried out in accordance with the 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as 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 financial statements present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's report

In connection with our examination, no matter has come to our attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 386 of the Companies Act 2006; and
to prepare financial statements which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) have not been met; or

(2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Durhams Accountants Limited 8 Yorkdale Drive Hambleton North Yorkshire YO8 9YB

Page 4

MOONLIGHT TRUST Income and Expenditure Account For the year ended 31 December 2020

Notes Incoming resources from generated funds Donations – Restricted Donations – Unrestricted Total incoming resources Resources expended 2 Charitable activities – Restricted Charitable activities – Unrestricted Governance costs Total resources expended Bank interest received Net surplus for the period Funds at the start of the year Funds at the end of the year 4	2020 2019 £ £ 40,910 24,493 29,473 60,456
	70,383 84,949
	22,020 24,493 16,347 53,306 4,213 3,901
	42,580 81,700
	- 14
	27,803 3,263

	46,952 43,689

	74,755 46,952

The notes on page 7-8 form part of these financial statements.

Page 5

MOONLIGHT TRUST Balance Sheet As at 31 December 2020

2020 2019 Notes £ £ £ FIXED ASSETS Fixed assets 6 602 247 602 CURRENT ASSETS Cash at bank and in hand 96,657 57,405 96,657 CURRENT LIABILITIES Deferred income (22,000) (10,196) Accruals (504) (504) (22,504) NET CURRENT ASSETS 74,153 TOTAL ASSETS LESS CURRENT LIABILITIES 74,755 NET ASSETS 74,755 Unrestricted funds 4 52,755 Restricted Funds 4 22,000 MEMBERS' FUNDS 74,755	£ 247 57,405 (10,700) 46,705 46,952
	46,952
	46,952 -
	46,952

For the period ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

On behalf of the board

Barbara Colledge (Chair)

Dated: 31 October 2021

The notes on page 7-8 form part of these financial statements.

Page 6

MOONLIGHT TRUST Notes to the Financial Statements For the year ended 31 December 2020

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

1.2. Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

1.3. Taxation

Corporation Taxation The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

1.4. Fund Accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Trust’s work or for specific artistic projects being undertaken by the Trust.

2. Total resources expended

Charitable activities undertaken directly Governance costs Total resources expended	2020 2019 £ £ 38,367 77,799 4,213 3,901
	42,580 81,700

3. Trustees

None of the trustees (or any persons connected) received any remuneration during the period.

4. Analysis of net assets between funds

Fund balances at period ended are represented by: Current assets Current liabilities	Unrestricted funds Restricted funds Total £ £ £ 75,259 22,000 97,259 (22,504) - (22,504)
	52,755 - 74,755

Page 7