REGISTERED COMPANY NUMBER: CE012349 (England and Wales) REGISTERED CHARITY NUMBER: 1174855
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2021 FOR LITTLE NARCIES
LITTLE NARCIES
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 30 June 2021
| Page | |
|---|---|
| Report ofthe Trustees | 1 to3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 8 |
| DetailedStatementofFinancialActivities | 9 |
LITTLE NARCIES
REPORT OF THE TRUSTEES
for the Year Ended 30 June 2021
The Trustees have had difficulty with organising fund raising events because of the uncertainties placed upon them by the COVID epidemic.
They are hoping that fund raising activities will re-commence in the next financial year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE012349 (England and Wales)
Registered Charity number 1174855
Registered office 39 Lime Avenue Camberley Surrey GU15 2BH
Trustees L B Herzog Student P L Herzog Project Manager Miss E D Atkins Administrator RT Sage Educator
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Little Narcies is a Charity Incorporated Organisation whose only voting members are its charity trustees and it is governed by its constitution document.
Recruitment and appointment of new trustees
The Board of Trustees will look to appoint additional Trustees where it is felt that the Charity needs additional help. Any proposed Trustees must have sufficient qualifications or skills to fulfil that role.
Induction and training of new trustees
Any new Trustees appointed would be fully inducted by the existing board of Trustees and made familiar with all objectives and aims of the Charity and made familiar with all operations of the Charity.
Organisational structure
A Board of Trustees who meet and communicate regularly administer the Charity and are responsible for the policy making decisions. The charity has no branches and all operations are administered centrally.
The Charity utilises volunteers to assist in its' operations, however, they are not eligible to vote at board level. The Trustees are also involved in day to day operations of the Charity and there is therefore a direct line of communication to all volunteers.
Related parties
Transactions with Trustees are disclosed in the notes to the accounts.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Risk assessments are conducted regularly with regard to the operation and controls and safeguards established where necessary for all events.
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LITTLE NARCIES
REPORT OF THE TRUSTEES
for the Year Ended 30 June 2021 ee a a a ne ee a ee ee ee
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objects of the Charity is the preservation and promotion of good health of children and young people suffering from Narcolepsy by:
Arranging and providing get together meetings for the families of children and young people who suffer from narcolepsy.
Presenting to and providing information to schools to help with the understanding of the condition to both the teachers and pupils.
To provide access to mentoring for children and young people who suffer from narcolepsy.
Increasing the profile of narcolepsy and the support needed for children and young people with the condition.
To encourage the benefits of sports and fitness for children and young people with narcolepsy. effects.To increase the promotion of, or assistance in promoting;research, surveys and investigations into narcolepsy and_ its Collecting and distributing information via our website and social media avenues information that is relevant to narcolepsy.
Creating the funding strategies to support the Charities Objectives.
Significant activities
The Charity has been unable to conduct fund raising activities this year due to the restrictions placed upon it by the COVID pandemic. Accordingly, it has not been possible to plan our two year musical event and this may have to be re-schedule into the 2023 year.
The Trustees are planning to raise funds in 2022 by holding smaller events so that the Charity can receive much needed funds.
Public benefit
The Trustees have complied with their duty in section 17(5) of the 2011 Charities Act with regard to guidance published by the Charity Commission and public benefit.
Volunteers
All of the charity's helpers are derived from volunteers from the local community who contribute their time in helping the charity obtain it's objectives. The charity has no paid staff or employees.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity has been unable to raise funds this year because of the continuing restrictions placed upon it by the unforeseen COVID pandemic. The Charity will continue to raise much needed funds in order to improve the web site and raise awareness of this condition.
Fundraising activities
The Charity has been unable to hold the planned fund raising activities due to the COVID pandemic.
The Trustees are very appreciative of all funds given to the Charity and hope to be in a position soon to start increasing awareness and make improvements to the web site.
Internal and external factors
Internal factor relevant to the achievement of the charity's objectives are the ability to recruit volunteers to form part of the fund raising activities and making the charity more well knows so that people will be willing to carry out sponsored events. Once these funds increase, then the charity will be in a position to do more to raise awareness.
FINANCIAL REVIEW
Reserves policy
The Trustees will maintain sufficient reserves to meet the short term goal of the charity and pay for overheads of running the Charity. The main operating costs are associated with the funding of the provision of media services and the insurance needed to hold the events.
Plans are in place for funding to be generated in future years and enabling reserves to be maintained and increased.
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LITTLE NARCIES
REPORT OF THE TRUSTEES for the Year Ended 30 June 2021
FINANCIAL REVIEW
Principal funding sources
The Charity currently receives its' funding from individuals and fund raising events. Plans are in place to hopefully increase this funding as specific projects are identified.
FUTURE DEVELOPMENTS
The Charity will continue to work on plans to increase awareness of the condition and how it may affect our young people. The Charity would like to make schools and educators aware of how students may be helped through their education to become the best that they can be.
Approved by order of the board of trustees on 26 May 2022 and signed on its behalf by:
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2a Herzog - Trustee
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LITTLE NARCIES
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2021
| 30.6.21 | 30.6.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOMING RESOURCES | |||
| Incoming resources from generated funds | |||
| Voluntary income | - | 2,889 | |
| RESOURCES EXPENDED | |||
| Costs ofgenerating funds | |||
| Costs ofgenerating voluntary income | 105 | 982 | |
| NET INCOMING/(OUTGOING) RESOURCES | (105) | 1,907 | |
| RECONCILIATION OF FUNDS | |||
| Total funds broughtforward | 2,837 | 930 | |
| TOTALFUNDSCARRIEDFORWARD | 2,732 | 2,837 |
The notes form part of these financial statements
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LITTLE NARCIES
BALANCE SHEET
At 30 June 2021
| 30.6.21 | 30.6.20 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENTASSETS | |||
| Cash at bank | 2,837 | 5,414 | |
| CREDITORS | |||
| Amounts falling due within one year | 3 | (105) | (2,577) |
| NET CURRENTASSETS | 2,732 | 2,837 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES | 2,732 | 2,837 | |
| NETASSETS | 2,732 | 2,837 | |
| FUNDS | 4 | ||
| Unrestricted funds | 2,732 | 2,837 | |
| TOTALFUNDS | 2,732 | 2,837 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The financial statements were approved by the Board of Trustees on 26 May 2022 and were signed on its behalf by:
L B Herzog -Trustee
P L Herzog -Trustee
The notes form part of these financial statements
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LITTLE NARCIES
:
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2021
tz ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
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.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate alll 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.
Taxation
The charity is exempt from corporation tax on its charitable activities.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 June 2021 nor for the year ended 30 June 2020.
Trustees’ expenses
The Trustees undertake purchases on behalf of the Charity. These costs and expenses are then reimbursed to the Trustees. No gain or remuneration is received by any Trustee on these expense reimbursements.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
- 4,
| 30.6.21 | 30.6.20 | |
|---|---|---|
| 3 | £ | |
| Trade creditors | zs | 4 |
| Other creditors | 105 | 2,576 |
| 105 | 2,577 | |
| MOVEMENTINFUNDS |
| Net | |||
|---|---|---|---|
| movement in | |||
| At 1.7.20 | funds | At 30.6.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,837 | (105) | 2,732 |
| TOTALFUNDS | 2,837 | (105) | 2,732 |
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LITTLE NARCIES
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
for the Year Ended 30 June 2021
4. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | - | (105) | (105) |
| TOTAL FUNDS | - | (105) | (105) |
| Comparatives formovement in funds | |||
| Net | |||
| movement in | |||
| At 1.7.19 | funds | At 30.6.20 | |
| £ | £ | £ | |
| Unrestricted Funds | |||
| General fund | 930 | 1,907 | 2,837 |
| TOTAL FUNDS | 930 | 1,907 | 2,837 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement in | |
| resources | expended | funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,889 | (982) | 1,907 |
| TOTALFUNDS | 2,889 | (982) | 1,907 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement in | |||
| At 1.7.19 | funds | At 30.6.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 930 | 1,802 | 2,732 |
| TOTALFUNDS | 930 | 1,802 | 2,732 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement in | |
|---|---|---|---|
| resources | expended | funds | |
| £ | £ | = | |
| Unrestricted funds | |||
| General fund | 2,889 | (1,087) | 1,802 |
| TOTALFUNDS | 2,889 | (1,087) | 1,802 |
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LITTLE NARCIES
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED for the Year Ended 30 June 2021
5. RELATED PARTY DISCLOSURES
At the year end the charity owed the sum of £ 105 to Mr P L Herzog, a trustee of the charity for expenses incurred.
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LITTLE NARCIES
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2021
| 30.6.21 | 30.6.20 | |
|---|---|---|
| £ | E | |
| INCOMING RESOURCES | ||
| Voluntary income | ||
| Donations | - | 20 |
| Music Festival | - | 2,869 |
| - | 2,889 | |
| Total incoming resources | - | 2,889 |
| RESOURCES EXPENDED | ||
| Costs ofgenerating voluntary income | ||
| Fund Raising Expenses | - | 591 |
| Web site costs | 105 | 91 |
| Media Promotion | - | 300 |
| 105 | 982 | |
| Total resources expended | 105 | 982 |
| Net(expenditure)/income | (105) | 1,907 |
This page does not form part of the statutory financial statements
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