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2022-03-31-accounts

Denbigh Under Fives Group Accounts 31 March 2022 CHARITY NUMBER 1174244

Denbigh Under Fives Group Contents

Page
Accountants' report 1
Income and expenditure account 2
Balance sheet 3
Accounting Policies 4

Denbigh Under Fives Group Independent examiner's report to the trustees of Denbigh Under Fives Group I report on the accounts of the charity for the year ended 31 March 2022. Respective responsibilities of trustees and examiner the charity's trustees are responsible for the preparation of the accounts. The charity's 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. It is my responsibility to: Examine the accounts 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 my attention. Basis of independent examiner's report My 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 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. Independent examiner's statement In connection with my examination, no matter has come to my attention: 1) Which gives me reasonable cause to believe that in any material respect requirements. To keep accounting records in accordance with section 130 of the 2011 Act; and To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met: or 2) To which, in my opinion, attention should be drawn in order to enable proper understanding of the accounts to reached. N Khizar N Khizar & Co Accountants 50 Pembroke Road London W8 6NX 19 January 2023

Denbigh Under Fives Group Income and expenditure Account for the year ended 31 March 2022

Income
Fees
Grants
Total income
Expenditure
Rent
Telephone
Staff Salaries
Accountancy
Subscriptions
Insurance
Toys and equipment
Printing Postage & Stationery
Consumables
Activities
Total Expenditure
Net Surplus Balance carried forward
2022
£
142,278
1,215
143,493
11,750
713
114,011
1,500
1,780
2,756
-
354
7,867
-
140,731
2,762
2021
£
128,023
6,492
134,515
7,519
785
103,946
1,500
1,692
2,556
719
605
12,740
96
132,158
2,357

2

Denbigh Under Fives Group Balance Sheet as at 31 March 2022 Charity Number:1174244

Current Assets
Bank Balance
Current Liabilities: Amounts falling due within one year
Accruals
Net Current Assets
Total Assets
Represented by:
Unrestricted Reserves
Balance at start
Net surplus for the year
Total Reserves
Signed on behalf of the Trustee:
On
Chairperson Denbigh Under Fives Group
Approved on behalf of Denbigh Under Fives Group
Treasurer Denbigh Under Fives Group
2022
£
£
42,849
42,849
(4,689)
38,160
38,160
35,398
2,762
38,160
2021
£
£
39,132
39,132
(3,734)
35,398
35,398
33,041
2,357
35,398
2021
£
£
39,132
39,132
(3,734)
35,398
35,398
33,041
2,357
35,398
35,398
33,041
2,357
35,398

3

Denbigh Under Fives Group Accounting Policies for the year ended 31 March 2022

1 Accounting Policies

Basis of accounting

The financial statements have been prepared under the historic cost convention and in accordance with the accounting policies as set out below. The financial statements have been prepared in accordance with the statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

Going Concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in

Incoming resources

Donations and bank interest are Credited to the statement of financial activity in the year in which they are receivable.

Resources expended

Direct charitable expenditure compromises direct expenses incurred on the defined charitable purposes of the charity.

Governance costs include expenditure on compliance with constitutional and statutory requirements.

Sustainability Funding

Sustainability Funding is shown in the year in which is received or receivable.

Taxation

The charity is a registered charity, and therefore is not liable for income tax or corporation tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.

Irrecoverable VAT

The charity is unable to recover VAT since it does not make taxable supplies. The cost of irrecoverable VAT is not separately analysed in the financial statements.

Cash Flow

The charity has taken advantage of the exemption in preparing these financial statements as permitted by FRS 102. The Financial Reporting Standard applicable in the UK and Republic of Ireland.

. the requirements of section 7 Statement of Cash Flows

4