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2022-03-31-accounts

Charity number: 1173707

(England and Wales)

FRATERNITY WITHOUT BORDERS UK

Report of the Trustees and Unaudited Financial Statements

For the year ended 31 March 2022

FRATERNITY WITHOUT BORDERS UK Contents Page For the year ended 31 March 2022

Report of the Trustees 1
Independent Examiner's Report to the Trustees 2
Statement of Financial Activities 3
Statement of Financial Position 4
Notes to the Financial Statements 5 to 8
Detailed Statement of Financial Activities 9

FRATERNITY WITHOUT BORDERS UK Report of the Trustees

For the year ended 31 March 2022

The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2022. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

REFERENCE AND ADMINISTRATIVE INFORMATION

Name of Charity FRATERNITY WITHOUT BORDERS UK Charity registration number 1173707 Principal address 64-66 Willesden Lane London NW6 7SX

Trustees

The trustees and officers serving during the year and since the year end were as follows:

Gilson Guimaraes Mauricio Freitas Beatriz Rocha Eliane Tomasi Cristine Balarine Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE

Approved by the Board of Trustees and signed on its behalf by

............................................................................. Gilson Guimares

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Independent Examiners Report to the Trustees

FRATERNITY WITHOUT BORDERS UK

For the year ended 31 March 2022

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiners statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Sansao Rodrigues

Sansao Rodrigues

SJPR Accountants Ltd 225 Capham Road London SW9 9BE

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FRATERNITY WITHOUT BORDERS UK

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2022

Notes Unrestricted 2021
funds
£ £
Income and endowments from:
Donations and legacies 2 59,730 21,794
Total 59,730 21,794
Expenditure on:
Charitable activities 3/4 (57,350) (21,749)
Total (57,350) (21,749)
Net income 2,380 45
Reconciliation of funds
Total funds brought forward 1,067 1,022
Total funds carried forward 3,447 1,067

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FRATERNITY WITHOUT BORDERS UK Statement of Financial Position

As at 31 March 2022

Notes
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
8
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity
Unrestricted income funds
9
Total funds		 £
2022
3,447
3,447
-
3,447
3,447
3,447
3,447
3,447		 £
2021
1,631
1,631
(564)
1,067
1,067
1,067
1,067
1,067

For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The financial statements were approved and authorised for issue by the Board and signed on its behalf by:

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FRATERNITY WITHOUT BORDERS UK Notes to the Financial Statements

For the year ended 31 March 2022

1. Accounting Policies

Basis of accounting

The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.

FRATERNITY WITHOUT BORDERS UK meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

2. Income from donations and legacies

Unrestricted funds
Donations received		 2021
2022
£
£
21,794
59,730
21,794
59,730

3. Costs of charitable activities by fund type

Unrestricted funds
Social Project in Mozambique
Support costs		 2021
2022
£
£
20,208
52,615
1,541
4,735
21,749
57,350

4. Costs of charitable activities by activity type

Activities Support 2022 2021
undertaken costs
directly
£ £ £ £
Support costs
Social Project in Mozambique 52,615 4,735 57,350 21,749

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FRATERNITY WITHOUT BORDERS UK Notes to the Financial Statements Continued

For the year ended 31 March 2022

5. Analysis of support costs

Social Project in Mozambique
Management
IT
Governance costs
et income/(expenditure) for the year
This is stated after charging/(crediting):
Accountancy fees		 2022
£
2,775
95
1,865
4,735
2022
£
288		 2021
£
474
-
1,067
1,541
2021
£
288

6. Net income/(expenditure) for the year

7. Comparative for the Statement of Financial Activities

The comparative year values on the Statement of Financial Activites are for unrestricted funds.

8. Creditors: amounts falling due within one year

2022
£
Other creditors
-
-
The following liabilities disclosed under creditors falling due within one year are secured by the charity:
Hire purchase agreements
-
-		 2021
£
564
564
564
564

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Notes to the Financial Statements Continued

FRATERNITY WITHOUT BORDERS UK

For the year ended 31 March 2022

9. Movement in funds

Unrestricted Funds

Unrestricted Funds
Balance at Incoming Outgoing Balance at
01/04/2021 resources resources 31/03/2022
£ £ £ £
General
General 1,067 59,730 (57,350) 3,447
1,067 59,730 (57,350) 3,447
Unrestricted Funds - Previous year
Balance at Incoming Outgoing Balance at
01/04/2020 resources resources 31/03/2021
£ £ £ £
General
General 1,022 21,794 (21,749) 1,067
1,022 21,794 (21,749) 1,067

Purpose of unrestricted Funds

General

The FWB’s investment policy consists of investing most of the money raised in our social projects in Mozambique, whilst our policy on reserves consists of keeping a minimum cash at the bank to be used to cover expenses of the charity’s fundraising events in the UK.

10. Analysis of net assets between funds

Net current Net Assets
assets /
(liabilities)
£ £
Unrestricted funds
General
General 3,447 3,447
3,447 3,447

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FRATERNITY WITHOUT BORDERS UK Notes to the Financial Statements Continued

For the year ended 31 March 2022

Previous year
Unrestricted funds
General
General		 Net current
assets /
(liabilities)
Net Assets
£
£
1,067
1,067
1,067
1,067

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FRATERNITY WITHOUT BORDERS UK Detailed Statement of Financial Activities

For the year ended 31 March 2022

INCOME AND ENDOWMENT
Donations and legacies
Donations
Total incoming resources
EXPENDITURE
Charitable activities
Cost of direct charitable activity
SUPPORT COSTS
Management
Management
IT
IT
Governance costs
Governance costs
Total resources expended
Net Income		 £
2022
59,730
59,730
59,730
(52,615)
(52,615)
(2,775)
(2,775)
(95)
(95)
(1,865)
(1,865)
(57,350)
2,380		 £
2021
21,794
21,794
21,794
(20,208)
(20,208)
(474)
(474)
-
-
(1,067)
(1,067)
(21,749)
45

9 of 9 This page does not form part of the statutory financial statements