Registered Charity number 1171527
SAB Financial Statements For the year ending 31-Jan-21
MK Accountancy Ltd Suite 3.17 Universal Square Devonshire Street Manchester M12 6JH
**SAB**
## **TABLE OF CONTENT**
## **PAGE**
- **1** Charity information
- **2** Charity activity report
- **3** Statement of Trustees responsibility **4** Independent Examiner Report
- **5** Statement of Financial Activities
- **6** Balance Sheet **7-8** Notes for the Financial Statements
## **SAB**
## **Registered Charity number 1171527**
## **Trustees**
MRS ROLLA ROSTAM MRS SAMARA ATASSI MRS SAMERA TAYAN
## **Constitution**
Charitable Incorporated Organisation CIO
## **Registered Office**
1 Bridge Drive Cheadle Cheshire SK8 1HN
## **Accountants**
MK Accountancy Ltd Suite 3.17 Universal Square Devonshire Street Manchester M12 6JH
## **Independent Examiner**
Annas A El-Hamouz AFA
## **Bankers**
Barclays 1 Churchill Place London E14 5HP
## **Activities report for the year ending 31 January 2021**
**1- Name of the Charity** : SAB
- **2- Charity Number:** 1171527
**3- Official Address:** 1Bridge Drive, Cheadle, Cheshire, SK81HN
- **4- Governing Document:** CIO dated 08 FEB 2017
## **5- Names of Trustees:**
MRS ROLLA ROSTAM MRS SAMARA ATASSI MRS SAMERA TAYAN
## **6- Objects of the Charity:**
1) The relief of financial need and suffering among victims of natural or other kinds of disaster in the form of money (or other means deemed suitable) for persons, bodies, organisations and/or countries affected.
2) The relief and assistance of people in any part of the world who are the victims of war or natural disaster, trouble, or catastrophe in such charitable ways as the trustees see fit.
- **7- Area of Operation:** National and overseas worldwide.
## **SAB**
## **Financial Statements far the year ended 31 January 2021**
## **STATEMENT OF TRUSTEES RESPONSIBILITIES**
## **Charity law requires the trustees to prepare statements of accounts for each financial year**
ln preparing those financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statement; and
- prepare the financial statements on the going concern basis unless it is in appropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time in the financial position of the charity and to enable them to ensure that the financial statements comply with The Charity 1993 and the Charity (Accounts and Reports) Regulations 2008.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.
Approval
This report was approved by the board of trustees on 3rd December 2020 and signed on its behalf.
MRS ROLLA ROSTAM
MRS SAMARA ATASSI
## **SAB**
## **Financial statements for the year ended 31 January 2021**
## **INDEPENDENT EXAIIINER'S REPORTS**
We have examined the accounts on pages 5 to 8 which have been prepared under the historical cost convention and the accounting policies set out on page 7.
## **RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER**
As the charity' trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43 of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the base of procedures specified in the General Directions given by the charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to our attention.
## **BASIS QF INDEPENDENT EXAMINERS' REPORT**
Our examination was carried out in accordance with General Directions given by the Charity Commissioners. 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 account, 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 we do not express an audit opinion on the view giving by the accounts.
## **INDEPENDENT EXAMINERS' STATEMENT**
In connection with our examination, no matter has carne to our attention;
1. Which gives us reasonable cause to believe that in any material respect the requirements
- to keep accounting records on accordance with section 41 of the 1993 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act,
have not been met; or
2. To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Date: 23/11/2021
Mr Annas A El-Hamouz
## SAB
## STATEMENT OF FINANCIAL ACTIVITIES
FOR THE PERIOD 8TH FEBURARY 2018 TO 31ST JANUARY 2021
|**INCOME RESOURCING**
Donations
Total incoming resources
**LESS EXPENDITURE**
Direct Charitable Expenditure
Fundraising cost
Administration cost
**TOTAL RESOURCES EXPENDED**
**NET INCOME FOR THE YEAR**
**BALANCE BROUGHT FORWARD**
**BALANCE CARRIED FORWARD**|Notes|Total
Restricted
Unrestricted
Total
Restricted
Unrestricted
35,548
-
35,548
28,624
-
28,624
**35,548**
**35,548**
**28,624**
**28,624**
32,492
-
32,492
22,385
-
22,385
-
-
-
-
-
-
5,716
5,716
1,470
1,470
**38,208**
**-**
**38,208**
**23,855**
**-**
**23,855**
2,660
-
-
2,660
-
4,769
-
4,769
12,223
-
12,223
7,454
-
7,454
**9,563**
**-**
**9,563**
**12,223**
**-**
**12,223**
2021
£
2020
£|
|---|---|---|
## **SAB**
## **BALANCE SHEET AS AT 31ST JANUARY 2021**
||**2021**|**2021**|**2020**|**2020**|
|---|---|---|---|---|
|**CURRENT ASSETS**||**£**||**£**|
|Cash at bank and in hand|10712||13372||
|**CURRENT LIABILITUES**|1149||1149||
|**NET CURRENT ASSETS**||9,563||12,223|
|**TOTAL ASSETS LESS CURRENT LIABILITUES**||**9,563**||**12,223**|
|**CHARITIY FUNDS**|||||
|General funds|9,563||12,223||
|Restricted funds|-||-||
|**TOTAL CHARITY FUNDS**||**9,563**||**12,223**|
Approved by the board of Trustees on 23rd November 2021 and signed on its behalf
## **Miss Rolla Rostam Trustee**
**SAB**
## **NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 31 JANUARY 2021**
## **1.ACCOUNTING POLICIES**
## **Basis of accounting**
The accounts have been prepared under the historical cost basis of accounting, and in accordance with applicable accounting standards.
## Income
income is accounted for on receipts basis.
## Incoming resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
|**2. DIRECT CHARITABLE EXPENSITURE**
Project Funding
Rent
Stationery
Telephone
Subscriptions
Travel & Subsistence
Bank Charges
**Total**
**3. Cost of Generating funds**
**Total**
**4. ADMINISTRATION EXPENDITURE**
Salaries
Accountancy Fees
Marketing
Legal Fees
**Total**|**2021**
**£**
32,435
-
-
-
35
-
22
**32,492**
**2021**
**£**
-
**-**
5,216
500
-
-
**5,716**|**2020**
**£**
22,350
-
-
-
35
-
-
**22,385**
**2020**
**£**
-
**-**
970
500
-
-
**1,470**|
|---|---|---|
## **SAB**
## **NOTES OF THE FINANCIAL STATEMENTS PERIOD ENDED 31ST JANUARY 2021**
## **5. STAFF COSTS**
No remuneration was paid to trustees in the year, nor were any trustee's expenses reimbursed. The staff costs were:
|Salaries
Social security costs
**Total**|**2021**
**£**
5,216
-
**5,216**|**2020**
**£**
970
-
**970**|
|---|---|---|
The average number of staff employed by the charity during the year was as follows:
Employed staff 1
## **6. CREDITORS : amounts falling due within one year**
|Accruals
**Total**|**2021**
**£**
500
**500**|**2020**
**£**
500
**500**|
|---|---|---|
## **7. STATEMENT OF FUNDS**
|Balance at 31st January 2020|**General Funds**
**Restricted Funds**
**Total Funds**
**£**
**£**
**£**
12,223
-
12,223|**General Funds**
**Restricted Funds**
**Total Funds**
**£**
**£**
**£**
12,223
-
12,223|
|---|---|---|
|Net income for the year|-|2,660
2,660
-|
|Balance at the 31st January 2021||**9,563**
**-**
**9,563**|