**Charity Registration No. 1174883** **Company Registration No. 10254940 (England and Wales)** ## **SOLIDARITÉS INTERNATIONAL UK** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE PERIOD ENDED 30 JUNE 2020** **SOLIDARITÉS INTERNATIONAL UK** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Trustees** Mr A M A Giraud (Resigned 19 September 2020) Mr J A D Brooker Ms T Dupont Mr A P B Peigney (Appointed 6 April 2020) Mr K Goldberg (Appointed 21 April 2021) **Charity number** 1174883 **Company number** 10254940 **Registered office** C A N Mezzanine 49-51 East Road London N1 6AH **Independent examiner** Robert Berry Perez Silver Levene (UK) Limited Chartered Certified Accountants 37 Warren Street London W1T 6AD W1T 6AD **SOLIDARITÉS INTERNATIONAL UK** ## **CONTENTS** ||**Page**| |---|---| |Trustees' report|1 - 2| |Independent examiner's report|3| |Statement of financial activities|4| |Balance sheet|5| |Notes to the financial statements|6 - 9| ## **SOLIDARITÉS INTERNATIONAL UK** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE PERIOD ENDED 30 JUNE 2020** The trustees present their report and financial statements for the Period ended 30 June 2020. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the governing document, the Companies Act 2011 and “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)” (as amended for accounting periods commencing from 1 January 2016) ## **Objectives and activities** The charitable purposes of the company are 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 particular by the supply of humanitarian aid to such persons and by contributing to research and development that will support better crisis response, reduce water-borne illness and otherwise improve global humanitarian responses. In support of the charitable objects, the methods of operation are as follows: makes grants to individuals; makes grants to organisations; provides other finance; provides human resources; provides buildings/facilities/ open space; provides services; provides advocacy/advice/information; sponsors or undertakes research; acts as umbrella or resource body; other charitable activities. Trustees review the aims, objectives and activities each year to ensure charity work delivers what it strive to achieve. The review looks at what it have achieved and the outcomes of charity work in the previous twelve months, including the impacts of key activities. The review also helps trustees to ensure charity remain focused on its stated purpose. Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing its aim and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. ## **Achievements and performance** The objectives for the year have continued to be providing assistance to support frontline humanitarian aid delivery through financing, human resources support, service provision, providing advocacy, policy, operational advice and information support, undertaking research and acting as a n umbrella and resource body . In the year this work has in part contributed to the delivery of critical humanitarian aid including ensuring some of the most vulnerable people affected by crises and disasters have access to safe drinking water, sanitation and hygiene services and support, food security, shelter and protection assistance, with aid reaching four million people in seventeen countries across the world. This work has been affected by unprecedented uncertainty about the impact of the COVID-19 pandemic, together with the extent and duration of social distancing measures imposed by the governments across the world. Trurstees have considered carefully the challenges caused by this and potential impact of these matters. The trustees continue to monitor carefully the position. ## **Financial review** During the period ended 29 June 2020, the charity has: - Secured total funding of £250,837 - Not awarded any specific grants We have conducted a review of the major risks to which the charity is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. A priority in order to reduce risks to the organisation is diversification of funding. Internal control risks are minimised by the implementation of procedures for authorisation of transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the centre. - 1 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2020** It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the Period. ## **Structure, governance and management** The charity wa s incorporated as a company limited by guarantee on 28th June 2016 and was registered with The Charity Commission on 28th September 2017 . The trustees, who are also the directors for the purpose of company law, and who served during the Period and up to the date of signature of the financial statements were: Mr A M A Giraud (Resigned 19 September 2020) Mr J A D Brooker Ms T Dupont Mr A P B Peigney (Appointed 6 April 2020) Mr K Goldberg (Appointed 21 April 2021) The recruitment and appointment of new trustees is agreed by existing trustees at the annual general meeting. Every trustee is appointed for a period of one year. New trustees must sign a model trustee declaration statement committing them to giving of their time and expertise and are given a copy of the trust deed and the trust's latest report and financial accounts. All trustees give of their time freely and no remuneration was paid in the year. Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial and operating decisions. A related party exists if there is a family or business connection between the charity, its trustees or senior staff and another organisation or individuals . On behalf of the board of trustees ## **Ms T Dupont** Trustee Dated: 29 April 2021 - 2 - **SOLIDARITÉS INTERNATIONAL UK** ## **INDEPENDENT EXAMINER'S REPORT** ## **TO THE TRUSTEES OF SOLIDARITÉS INTERNATIONAL UK** I report to the trustees on my examination of the financial statements of Solidarités International UK for the Period ended 30 June 2020. ## **Responsibilities and basis of report** As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies. 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 charity as required by section 386 of the 2006 Act; or - 2 the financial statements do not accord with those records; or - 3 the financial statements do not comply with the accounting 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 financial statements 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 financial statements to be reached. Robert Barry Perez Silver Levene (UK) Limited Chartered Certified Accountants 37 Warren Street London W1T 6AD London W1T 6AD Dated: 29 April 2021 - 3 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## **FOR THE PERIOD ENDED 30 JUNE 2020** |||**Unrestricted**|Unrestricted| |---|---|---|---| |||**funds**|funds| |||**2020**|2019| ||**Notes**|
**£**|**£**| |**Income from:**|||| |Donations and legacies|**3**|250,837|122,014| |**Expenditure on:**|||| |Charitable activities|**4**|143,405|122,014| |**Net income for the year/**|||| |**Net movement in funds**||107,432|-| |Fund balances at 30 June 2019||-|-| |**Fund balances at 30 June 2020**||107,432|-| The statement of financial activities includes all gains and losses recognised in the Period. All income and expenditure derive from continuing activities. The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. - 4 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **BALANCE SHEET** ## **AS AT 30 JUNE 2020 Company Registration No. 10254940** |**Notes**
**Current assets**
Debtors
**8**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**9**
Net current assets
**Income funds**
Unrestricted funds|**2020**
**£**
5,605
107,432
113,037
(5,605)|**£**
107,432
107,432
107,432|**2019**
**£**
18,522
-
18,522
(18,522)|**£**
-
-
-| |---|---|---|---|---| The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the Period ended 30 June 2020. The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 company. The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on 29 April 2021 Ms T Dupont **Trustee** - 5 - **SOLIDARITÉS INTERNATIONAL UK** **NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2020** ## **1 Accounting policies** ## **Charity information** Solidarités International UK is a private company limited by guarantee incorporated in England and Wales. The registered office is C A N Mezzanine, 49-51 East Road, London, N1 6AH. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a public benefit entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below. ## **1.2 Going concern** The UK economy is currently facing unprecedented uncertainty about the impact of the COVID-19 pandemic, together with the extent and duration of social distancing measures imposed by the UK Government. The trustees have foreseen the challenges in the coming months and considered carefully the potential impact of these matters. In taking into account available cash resources (including access to existing financing facilities) and the extent of support provided by the UK Government announced as of the date of signing these financial statements, the trustees have continued to adopt the going concern basis of accounting. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. ## **1.4 Incoming resources** Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. D onations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. ## **1.5 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. - 6 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2020** ## **1 Accounting policies** ## **(Continued)** ## **1.6 Financial instruments** The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## **Basic financial assets** Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## **Basic financial liabilities** Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## **1.7 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.8 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 7 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## **FOR THE PERIOD ENDED 30 JUNE 2020** ## **3 Donations and legacies** |Income from international organisation
**Charitable activities**
Share of support costs (see note 5)
Share of governance costs (see note 5)
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Staff costs
111,753
-
Support costs
29,072
-
Governance costs
-
2,580
140,825
2,580
Analysed between
Charitable activities
140,825
2,580|**2020**
**£**
111,753
29,072
2,580
143,405
143,405|**Unrestricted**
**funds**
**2020**
**£**
250,837
**2020**
**£**
140,825
2,580
143,405
Support
costs
Governance
costs
£
£
100,450
-
19,164
-
-
2,400
119,614
2,400
119,614
2,400|Total
2019
£
122,014
**2019**
**£**
119,614
2,400
122,014
2019
£
100,450
19,164
2,400
122,014
122,014| |---|---|---|---| ## **4 Charitable activities** ## **5 Support costs** Governance costs includes payments to the independent examiner , including irrecoverable VAT of £ 2,580 (2019- £2,400). ## **6 Trustees** None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the Period. - 8 - ## **SOLIDARITÉS INTERNATIONAL UK** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2020** ## **7 Employees** There were three employees (including the directors/trustees) during the Period. |**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2020**
**£**
100,124
8,436
3,193
111,753|**2019**
**£**
91,741
6,829
1,880
100,450| |---|---|---| No employees received emoluments of more than £60,000 during the year or preceding year. ## **8 Debtors** |**Amounts falling due within one year:**
Other debtors
**9**
**Creditors: amounts falling due within one year**
Other taxation and social security
Other creditors
Accruals and deferred income|**2020**
**£**
5,605
**2020**
**£**
3,025
-
2,580
5,605|**2019**
**£**
18,522
**2019**
**£**
5,584
9,338
3,600
18,522| |---|---|---| ## **10 Related party transactions** The charity is the UK arm of an international charity and received all of its income from that international charity. There were no other disclosable related party transactions during the Period . - 9 -