Registered number: 10192755 Charity number: 1171120 ## **Fair Action** ## **UNAUDITED ACCOUNTS** **FOR THE YEAR ENDED 31/05/2025** ## **Prepared By:** Wizz Accounting Ltd 128 City Road London EC1V 2NX ## **Fair Action** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/05/2025** ## **TRUSTEES** Raymond Lynn Gabriella Lynn Daniel Clayton Daniel Twigger ## **REGISTERED OFFICE** 27 Old Gloucester Street London United Kingdom England WC1N 3AX ## **COMPANY NUMBER** 10192755 **CHARITY NUMBER** 1171120 ## **BANKERS** HSBC ## **ACCOUNTANTS** Wizz Accounting Ltd 128 City Road London EC1V 2NX page 1 ## **Fair Action** ## **ACCOUNTS** ## **FOR THE YEAR ENDED 31/05/2025** ## **CONTENTS** ||Page| |---|---| |Report of the Trustees|3| |Independent Examiner's Statement|4| |Accountant's Report|6| |Statement of Financial Activities|7| |Balance Sheet|8| |Notes to the Accounts|9 to 10| page 2 **Fair Action** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31/05/2025** The trustees present their report and accounts for the year ended 31/05/2025. ## **PRINCIPAL ACTIVITIES** The principal activity of the charity in the year under review was that of general secondary education. ## **REPORT** The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. This report was approved by the Board of Trustees on 25/02/2026. a Raymond Lynn Trustee page 3 **Fair Action** ## **INDEPENDENT EXAMINER'S STATEMENT** ## **FOR THE YEAR ENDED 31/05/2025** ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FAIR ACTION** I report on the accounts of the company for the year ended 31/05/2025 ## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER** The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. As the charity's gross income didn’t exceed £250,000 I am qualified to undertake the examination by being a qualified member of the ACCA. Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - state whether particular matters have come to my attention. ## **BASIS OF INDEPENDENT EXAMINERS STATEMENT** 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 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 accounts present a "true and fair view" and the report is limited to those matters set out in the statement below. page 4 **Fair Action** ## **ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS** ## **OF FAIR ACTION, FOR THE YEAR ENDED 31/05/2025** In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Fair Action for the year ended 31/05/2025 as set out on pages 6 to 13 from the company's accounting records and from information and explanations you have given us. As a practising member of the ACCA, we are subject to its ethical and other professional requirements which are detailed on their website. This report is made solely to the Board of Directors of Fair Action, as a body, in accordance with the terms of our engagement letter dated. Our work has been undertaken solely to prepare for your approval the accounts of Fair Action and state those matters that we have agreed to state to the Board of Directors of Fair Action, as a body, in this report, in accordance with the requirements of the as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Fair Action and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Fair Action has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Fair Action. You consider that Fair Action is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Fair Action. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Wizz Accounting Ltd 128 City Road London EC1V 2NX page 5 ## **Fair Action** |**Statement of Financial Activities**
**for the year ended 31/05/2025**
**Income**
Income from generated funds
Income from charitable activities
**Total Income and endowments**
**Expenses**
Costs of generating funds
Expenditure on Raised funds
Expenditure on Charitable activities
**Total Expenses**
**Net gains on investments**
**Net Income**
Transfers between funds
**Gains/(losses) on revaluation of fixed assests**
**Net movement in funds:**
**Net income for the year**
Total funds brought forward
**Net funds carried forward**|**Unrestric**
**ted funds**
**£**
-
8,230|**Restrict**
**ed **
**funds**
**£**
-
20,000
**20,000**
-
**20,000**
-
**20,000**
39,900
**59,900**|**2025**
**Total**
**£**
-
28,230|2024
Total
£
-
17,802| |---|---|---|---|---| ||**8,230**||**28,230**|17,802| ||8,273
**8,273**
**-43**
-
**-43**
-25,220
**-25,263**||8,273|21,895| ||||**8,273**|**21,895**| ||||**19,957**
-|-4,093
-| ||||**19,957**
14,680|-4,093
18,773| ||||**34,637**|14,680| This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities page 6 ## **Fair Action** ## **BALANCE SHEET AT 31/05/2025** ||||**2025**||2024| |---|---|---|---|---|---| ||**Notes**||**£**||£| |**CURRENT ASSETS**|||||| |Debtors (amounts falling due within one year)|2|-||-|| |Cash at bank and in hand||34,937 18,167|34,937 18,167|34,937 18,167|| |34,937 18,167|34,937 18,167|34,937 18,167|34,937 18,167|34,937 18,167|| |**CREDITORS: Amounts falling due within one year**||**3**00||3,487|| |**NET CURRENT ASSETS**|||**34,637**||14,680| |**TOTAL ASSETS LESS CURRENT LIABILITIES**|||**34,637**||14,680| |**CAPITAL AND RESERVES**|||||| |**Unrestricted funds**|**4**||||| |General fund|||-25,263 -25,220|-25,263 -25,220|-25,263 -25,220| |**Restricted funds**|**5**|**5**|**5**59,900||39,900| ||||34,637||14,680| For the year ending 31/05/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. 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. **Approved by the board of trustees on 25/02/2026 on their behalf by** ............................. Coy Raymond Lynn Trustee page 7 **Fair Action NOTES TO THE ACCOUNTS** **FOR THE YEAR ENDED 31/05/2025** ## **1. ACCOUNTING POLICIES** ## **1a. Basis of Accounting** The accounts have been prepared under the historical cost convention. The accounts have been prepared in accordance with FRS102 -1A. The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **1b. Incoming Resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **1c. Resources Expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **1d. Allocation and Apportionment of Costs** All costs relate to the single activity of the charitable company and are recognised accordingly. ## **1e. Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects. ## **1f. Turnover** Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. page 8 ## **Fair Action** |**2. DEBTORS**
Amounts falling due within one year:
Trade debtors|**2025**
**£**
-
-|2024
£
-| |---|---|---| |||-| ## **3. LIMITED BY GUARANTEE** The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 31/05/2025 there were 4 members. ## **4. UNRESTRICTED FUNDS** **Brought Incoming OutgoingTransfers Carried forward resource resource forward** General fund |**£**
-25,220
-25,220|**£**
**£**
**£**
**£**
8,230
-8,273
-
-25,263
8,230
-8,273
-
-25,263|**£**
**£**
**£**
**£**
8,230
-8,273
-
-25,263
8,230
-8,273
-
-25,263|**£**
**£**
**£**
**£**
8,230
-8,273
-
-25,263
8,230
-8,273
-
-25,263| |---|---|---|---| ||8,230|-8,273|-| ## **5. RESTRICTED FUNDS** |**Brought Incoming OutgoingTransfers**|**Brought Incoming OutgoingTransfers**|**Brought Incoming OutgoingTransfers**|**Carried**| |---|---|---|---| |**forward**|**resource resource**||**forward**| |**£**|
**£**
**£**|**£**|
**£**| |39,900|20,000 -|-|59,900| |39,900|20,000 -
|-|59,900| 39,900 20,000 - - 59,900 39,900 20,000 - - 59,900 page 9 **Fair Action** ## **6. TAXATION** The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1998 or section 252 of the taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. page 13