OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-04-06-accounts

A Registered Charity in England and Wales: Number 1170976

ANNUAL REPORT AND RECEIPTS PAYMENTS ACCOUNTS FOR THE PERIOD:

7[th] April 2020 to 6[th] April 2021

1 | P a g e

Sarx Legal and Administration

Current Trustees:

Daryl Booth (Chair) Kerry Yong (Secretary) Phil Sital-Singh Tomi Makanjuola

Principle Address:

15 Martin Street Thamesmead West London SE28 0BZ

Bankers:

Natwest Bank Woolwich Branch 1-7 Powis Street Woolwich London SE18 6LE

2 | P a g e

Sarx

Trustees Report For the Year Ended 6[th] April 2021

The trustees present their report and financial statements of the charity from the date of registration with the Charity Commission 6[th] April 2020 to the year ended 6[th] April 2021. The board of trustees are satisfied with the performance of the charity during this period and the position at 6[th] April 2021 and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity's assets are adequate to fulfil its obligations.

TRUSTEES

The trustees named on page 2 have continued throughout the year. The Board of Trustees is authorised to appoint new Trustees to fill vacancies arising through resignation or death of an existing Trustee, following good practice in accordance with Charity Commission guidelines. New Trustees are invited to attend a short induction session to familiarise themselves with the charity and also their responsibilities under the Charities Act.

CONSTITUTION, OBJECTS AND POLICIES

The charity is a Charitable Incorporated Organisation and is constituted by a Governing Document dated 16th December 2016 and its objects are to apply funds for charitable purposes in England and Wales.

PRINCIPAL ACTIVITIES

Sarx’s aim is to promote humane behaviour towards animals by educating the public in matters pertaining to animal welfare in general and the prevention of cruelty and suffering among animals within a Christian ethos.

In line with this aim, we continued our regular activities of promoting animal welfare issues through educational talks, our website, quarterly newsletter and social media. Highlights include:

The trustees are satisfied with the results and activities during this period year in terms of the objectives of the charity.

3 | P a g e

PLANS FOR THE COMING YEAR

In accordance with our aim, our priorities are:

  1. Supporting churches, organisations and individuals with an interest in promoting animal welfare concerns.

  2. Developing partnerships with churches, groups and individuals for mutual encouragement, motivation and training.

  3. Continuing to promote animal welfare issues among the public.

Planned activities include:

PUBLIC BENEFIT

We have referred to the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and planning our future activities. In particular the Trustees consider how planned activities will contribute to the aims and objectives of the charity and are confident that our activities during the past year have been for the public benefit.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Law applicable in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity’s financial activities during the year and of its financial position at the end of the year.

In preparation of these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charites Act 2011. 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.

KEY CONTROLS USED BY THE CHARITY

The charity follows good practice guidelines according to a charity of its size. These include:

Governance

4 | P a g e

Finance

Trustees are responsible to

Compliance with the law and regulations

The Trustees ensure up-to-date knowledge of charity and taxation requirements

5 | P a g e

Sarx

Financial Activities

7 April, 2020 - 6 April, 2021

TOTAL
Income
Gift Aid 712.78
Grants 4,865.93
Individual donor 3,221.45
Total Income £8,800.16
Cost of Sales
Donation processing fees 48.56
Total Cost of Sales £48.56
TOTAL £8,751.60
Expenditures
Clothing 181.22
Dues and Subscriptions 40.00
Educational items not for resale 97.95
Gifts In-Kind 206.17
Multimedia Production 1,639.30
Other Professional Services 434.07
Postage 17.70
Social Media Costs 4,945.54
Software Costs 1,169.81
Training and Networking 299.74
Travel and Accommodation 89.37
Website costs 107.90
Total Expenditures £9,228.77
NET OPERATING INCOME £ -477.17
NET INCOME/(EXPENDITURE) £ -477.17

Sarx

Balance Sheet

As of April 6, 2021

TOTAL
Fixed Asset
Total Fixed Asset
Cash at bank and in hand £643.22
Current Assets £0.00
NET CURRENT ASSETS £643.22
Creditors: amounts falling due within one year
Current Liabilities £0.00
Total Creditors: amounts falling due within one year £0.00
NET CURRENT ASSETS (LIABILITIES) £643.22
TOTAL ASSETS LESS CURRENT LIABILITIES £643.22
TOTAL NET ASSETS (LIABILITIES) £643.22
Charity funds
Retained Earnings 1,156.86
Surplus/(Deficit) -513.64
Total Charity funds £643.22