Registered Charity Number 1175207
## **LOVELY HERITAGE DOWN SYNDROME**
## **TRUSTEES REPORT AND ACCOUNTS**
31 December 2020
## **LOVELY HERITAGE DOWN SYNDROME Financial statement Year ended 31 December 2020**
|Contents|Page|
|---|---|
|Charity information and professional advisers|3|
|Trustees’ report|4|
|Accountants’ report|6|
|Income statement|7|
|Statement of financial position|8|
|Notes to the accounts|9|
2
## **LOVELY HERITAGE DOWN SYNDROME Charity information Year ended 31 December 2020**
Registered charity name Lovely Heritage Down Syndrome Charity number 1175207 Registered office 48 Ilford Street Manchester M11 4FL Trustees Victoria Ibe ( _Chair of Trustees)_ Leo Njoku Vincent Ibe Accountants BC NWAIWU & CO LTD Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN Bankers Lloyds Bank Plc
3
**LOVELY HERITAGE DOWN SYNDROME Registered number: 1173529 Trustees’ Report**
## **About Us**
Lovely Heritage Down Syndrome started in 2014 as an informal group of parents and carers of children and young people with Down Syndrome. At that time, the focus of the group was to create opportunity for parents and carers of children and young people with Down Syndrome to come together occasionally to talk about their experiences and challenges, encourage each other, share information about training and networking opportunities that exist from time to time in the community and to learn from each other’s experiences. On October 18, 2017 Lovely Heritage Down Syndrome secured registration as a charity with the Charity Commission of England.
We foster the social integration of children and young adults with Down’s Syndrome, into their communities, including supporting them to develop their interpersonal social skills, friendships, play and leisure skills, independence and self-help skills, and socially acceptable behaviour. The trustees of Lovely Heritage Down Syndrome believe that social development is fundamentally important to any individual's wellbeing since the ability to socialise, to make friends and to take care of one's self, affects all aspects of one’s daily life.
By raising public awareness and education of Down Syndrome, we help parents and carers of children and young people with Down’s syndrome to develop resilience in managing fears or concerns as well as acquire essential employability skills of communication and information management.
Lovely Heritage Down Syndrome organises regular picnics to the Space Centre Preston, for children and young people with Down’s syndrome and a relaxation day out for parents of children with Down Syndrome special needs. Our family day holds every year and features various speakers and activities provided an opportunity to appreciate families and children while creating wider public awareness and education of Down Syndrome.
At Lovely Heritage Down Syndrome, we organise regular sporting activities for children and young adults with Down’s Syndrome as a means of fostering their social integration into their communities, improve the lives of people with Down’s syndrome by building their capacity to live normal and fulfilling lives. The sessions aim to improve communication skills, build self-esteem and enhance social confidence of people with Down Syndrome.
The charity’s monthly event nicknamed _‘Let's Share’,_ which started in 2018, continued during the period under review _._ Let's Share takes place on the last Saturday of every and creates opportunity for parents and carers to relax and have fun with music, dance, play and loads of fun.
4
## **LOVELY HERITAGE DOWN SYNDROME Registered number: 1173529**
**Trustees’ Report Cont’d**
## **Trustees**
The following person served as trustees during the period:
Victoria Ibe _(Chair of Trustees)_ Leo Njoku Vincent Ibe
## **Our Objects**
The object(s) of the charity for the public benefit include;
To relieve the needs of children and young people with Down Syndrome or other learning disabilities by the provision of recreational activities and support for their parents and carers and raising awareness of the issues faced by children and young people with Down Syndrome or learning disabilities, their families and carers.
## **Change of Accounting Reference Date**
During the period under review, the charity changed her accounting year end from June to December.
Victoria Ibe Chair of Trustees
Date: November 6, 2021
5
## **LOVELY HERITAGE DOWN SYNDROME Accountants' Report Year ended 31 December 2020**
## **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of Lovely Heritage Down Syndrome for the period ended 31 December 2020**
In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of Lovely Heritage Down Syndrome for the period ended 31 December 2020 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made solely to the Trustees of Lovely Heritage Down Syndrome, as a body, in accordance with the terms of our engagement dated November 3, 2020. Our work has been undertaken solely to prepare for your approval the accounts of Lovely Heritage Down Syndrome and state those matters that we have agreed to state to the Trustees of the charity, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lovely Heritage Down Syndrome and its Trustees as a body for our work or for this report.
It is your duty to ensure that Lovely Heritage Down Syndrome has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of Lovely Heritage Down Syndrome. You consider that Lovely Heritage Down Syndrome is exempt from the statutory independent examination requirement for the period.
We have not been instructed to carry out an independent examination or a review of the accounts of Lovely Heritage Down Syndrome. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
BC NWAIWU & CO LTD
________________________
BC NWAIWU & CO LTD
Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN
6
## **LOVELY HERITAGE DOWN SYNDROME Income Statement Year ended 31 December 2020**
|**Income:**
Note
Income from charitable activities:
Operation of the charity
2
Income from other trading
activities:
Other charity activities
3
Total income
**Expenditure**
Expenditure on charitable
activities:
Operation of the charity
4
Costs of raising funds:
Other charitable activities
5
Total expenditure
Net income/(expenditure) and net
movement in funds for the year
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|31st
December
2020
275
2,821
3,096
(125)
(450)
(575)
2,521
-
2,521|31st
December
2019
516
2,671|
|---|---|---|
|||3,187|
|||(6,133)
(1,732)|
|||(7,866)|
|||(4,678)
-|
|||(4,678)|
The notes on pages 9 to 11 form part of these financial statements
7
## **LOVELY HERITAGE DOWN SYNDROME Statement of Financial Position As at 31 December 2020**
|Note
**Fixed assets**
Tangible assets
**Current assets**
Cash at bank and in hand
6
Debtors
Creditors: amounts falling due
within one year
7
Net current assets
Total assets less current liabilities
Creditors: amounts falling due
after one year
Total assets
**Funds**
Net income/(expenditure)
Total funds brought forward
Total funds carried forward
8|3,645
-|31
December
2020
-
3,345
3,345
-
3,345
2,521
824
3,345|31
December
2019
-
974
-|
|---|---|---|---|
||3,645
(300)||974
(150)|
||||824|
||||824
-|
||||824|
||||(4,678)
5,502|
||||824|
The trustees are satisfied that the charity is entitled to exemption from the requirement to obtain an independent examination under section 144(2) of the Charities Act 2011 (the 2011 Act).
The trustees of the charity have not required the charity to obtain an independent examination in accordance with section 144(2) of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Charity Act 2011 with respect to accounting records and the preparation of accounts.
Victoria Ibe Chair of Trustees
Approved by the board on November 6, 2020
The notes on pages 9 to 11 form part of these financial statements
8
**LOVELY HERITAGE DOWN SYNDROME Notes to the financial statements Year ended 31 December 2020**
## **1. Accounting Policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
Lovely Heritage Down Syndrome meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
## **Fund accounting**
General reserves are unrestricted funds that are available for use at the Trustees’ discretion in furtherance of the objects of the charity.
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.
## **Donations and gifts**
Donations and gifts consist of the total donations from individuals, trusts and corporates, along with income from fundraising events.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.
Charitable expenditure include costs incurred directly by Lovely Heritage Down Syndrome in the furtherance of its charitable objectives, along with associated support costs.
9
**LOVELY HERITAGE DOWN SYNDROME Notes to the financial statements Year ended 31 December 2020**
Governance costs relate to the general running of the charity as opposed to those costs associated with fundraising or charitable activity. Included within this category are costs associated with advice on legal structure, registration, and risk, as opposed to day-to-day management of the charity’s activities.
## **2** . **Income - Operation of the charity**
|Donation receivable
Grants receivable
**3**.
**Income - Other charity**
**activities**
Income from ticket sales
Other income|31st
December
2020
£
275
-
275
31st
December
2020
£
-
2,821
2,821|31st
December
2019
£
516
-|
|---|---|---|
|||516|
|||31st
December
2019
£
2,671
-|
|||2,671|
|**4**.
**Expenditure - Operation of the charity**
Rent
General Expenses
Printing and Stationery
Local Travel
Staff training and development|31st
December
2020
£
-
125
-
-
-
2,145|31st
December
2019
£
500
4,000
360
417
857|
|---|---|---|
|||8,153|
10
## **LOVELY HERITAGE DOWN SYNDROME Notes to the financial statements Year ended 31 December 2020**
|**5.**
**Expenditure - Other charity**
**activities**
Advert and promotion
Other trading costs
Governance
Professional fees
Telephone and internet
**6.**
**Cash at bank and in hand**
Bank
Cash
**7.**
**Creditors - Amount falling due within one**
**year**
Trade Creditors
Other Creditors|31st
December
2020
£
-
100
-
300
50
450
31st
December
2020
£
3,645
-
3,645
31st
December
2020
£
300
-
300|31st
December
2019
£
362
650
260
150
310|
|---|---|---|
|||1,732|
|||31st
December
2019
£
974
-|
|||974|
|||31st
December
2019
£
150
-|
|||150|
11